Over to you Mr Krugman!

Funnily enough, Etatism doesn’t seem to enhance wealth creation or the production of enough tradeable goods to meet either the country’s direct needs, or those of its many overseas creditors — over to you, Mr Krugman!

UK MfG index v inverse of Govt component of GDP v private sector balance (Click to enlarge)

Tags from the story
, ,
More from Toby Baxendale
More on Banking and the Barclays 2009 Results
Some of my City friends who work in banking have had a...
Read More
0 replies on “Over to you Mr Krugman!”