English: Merton college of Oxford university in Oxford, Oxfordshire, England. Česky: Merton college, kolej oxfordské univerzity v Oxfordu, Oxfordshire, Anglie (Photo credit: Wikipedia)
This is a brilliant, MUST READ blog from Simon Wren-Lewis, economics professor at Oxford University, and a fellow of Merton College. Check it out!
via mainly macro: The wrong sort of recovery.
The article takes a very hard look at UK Chancellor, George Osborne‘s economic policy, concluding that it’s primarily focused on political engineering rather than the economic well-being of the UK.
Meanwhile, on economic competence, the Tory leadership always get in first and question Labour’s economic record, under the last Government, so it leads me to a powerful open question:
Why are the Labour Party so weak in challenging the economic leadership of David Cameron’s Government?