The Untalented Mr Osborne

The IFS Green Budget suggests that the UK coalition’s public finances are in much worse shape than many realise…
Fiscal choices from IFS, BBC News, 6 Feb 2013
A key reason for the failure of the deficit-cutting strategy is not just that demand (and hence tax receipts) are being crushed but that an already weakened supply side is being clobbered by hysteresis.
Supply matters – but so does demand, Skidelsky and Miller, FT, 18 Feb 2013