English: George Osborne MP, pictured speaking on the launch of the Conservative Party manifesto for the 2009 European Parliament elections, at Keele University. (805×1207 px, 283,711 bytes) (Photo credit: Wikipedia)
One of a number of posters created by the Economic Cooperation Administration to promote the Marshall Plan in Europe (Photo credit: Wikipedia)
United Kingdom (Photo credit: stumayhew)
This is an excellent article from Larry Elliot in the Guardian and well worth a read. Check it out!
guardian.co.uk | George Osborne prepares for battle with the IMF.
For me, the time for heavy Keynesian intervention in Europe is way overdue both in stimulating investment in the UK and in transfers from North Europe to Southern Europe; a modern Marshall plan is needed now. Thank goodness there are a few prominent supporters of Keynes at the IMF.
What do you think?