This is an excellent blog from leading Oxford economist, Simon Wren-Lewis. It’s strongly recommended reading. Check it out!
via mainly macro: Understanding George Osborne.
The article argues that whilst UK Chancellor, George Osborne, has been successful politically in reducing the size of the UK’s public sector, his record in terms of macro-economic policy has been questionable. Most importantly, this also raises large questions about macro-economic policies going forward, after the next election (assuming a Conservative win).