Nick Taylor
PhD @PAISWarwick researching work, welfare, unemployment, history of economics.
Highlighted by Nick Taylor
One consequence is that a generation of politicians and policy-makers look exposed. Even as they strain for new things to say they find themselves tethered to good-times assumptions forged in the 1990s when openness, macro-stability and flexible labour markets — leavened with tax credits and investment in skills — were thought to be a reliable recipe for a 21st century economy that works for all. Britain is hardly alone in this regard. As the US economist Jared Bernstein put it last week: ‘Yes …
Imaginative work on the future policy landscape is sorely needed which combine sustaining demand in struggling economies with new thinking about the types of combined interventions needed to provide them with at least a chance of longer-term renewal. Among many other things, it’s hard to see how this could mean anything other than a dramatic upward…