Corbynomics sounds subversive, but maybe not for long | Tom Clark
by Tom Clark from on (#KD46)
In the post-slump era, radical ideas can quickly go mainstream and turn economic orthodoxy on its head
Fifty-five economists have written to the Financial Times to caution that Jeremy Corbyn is out of line with "the mainstream" of their discipline. What is interesting here is not the professors' conventional statement of the conventional wisdom, but rather why they felt moved to pick up the pen.
Related: Jeremy Corbyn wins economists' backing for anti-austerity policies
Rampant inflation seems a remote prospect now, but that would change if the government printed its way out of trouble
Related: Will Atlas shrug in face of Corbynomics? | Letters from Professor Paul Levine and others
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