The writer is director of the London School of Economics and Political ScienceThe government’s recent fiscal plan fails to respond to the UK’s twin economic crises in a manner that takes into account either evidence or experience. While they are absolutely right to focus on cushioning the shock of the skyrocketing cost of living and trying to stimulate growth, the policies they have outlined do neither well. The market’s extreme reaction to the “mini-Budget” reflects the fact that the government has not told a credible story about its economic strategy.
本文作者是倫敦政治經濟學院(LSE)院長
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