Alexander Douglas — The Theoretical Underpinnings of Osborne’s Budget

In sum: the budget draws upon empirical research that is conducted with no sensitivity to an enormous institutional difference. It misrepresents that research, for instance by treating averages as universals. It makes no attempt to understand how financing actually works for a government that spends in its own currency. The authors may not have even read the research they cite.

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The Theoretical Underpinnings of Osborne’s Budget

Alexander Douglas | Lecturer in Philosophy at Heythrop College, London

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