Imagine that Chancellor Alistair Darling had decided to boost public spending by investing £20 billion of taxpayers' money over the next two years in buying land and building homes earmarked for eventual open market sale. What would be the net...
I am sure I will not be the only one who draws this parallel. But I suspect it is a classic illustration of why credibility matters in both politics and economics. George Bush on the US economy, October 2008: "I...
Brian Green