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Robert Skidelsky
By Robert Skidelsky - Sep 18,2021
LONDON — Amid all the talk of when and how to end or reverse quantitative easing (QE), one question is almost never discussed: Why have central banks’ massive doses of bond purchases in Europe and the United States since 2009 had so little effect on the general price level?Betwee
By Robert Skidelsky - Aug 23,2021
LONDON — The other day, my wife and I were leaving our apartment building. I pressed the button which automatically opens and shuts the door. Nothing happened. We could not leave the building, except perhaps by jumping through a window.
By Robert Skidelsky - Jun 19,2021
LONDON — US President Joe Biden has set out to emulate Franklin D. Roosevelt by spending huge amounts of money, something that FDR avoided doing until World War II.
By Robert Skidelsky - May 18,2021
LONDON — Since March 2020, the Bank of England (BoE) has bought £450 billion ($639 billion) of UK government debt through its so-called Asset Purchase Facility. Virtually all of this was new debt issued by the government since the start of the COVID-19 crisis.
By Robert Skidelsky - Apr 18,2021
LONDON — Mahatma Gandhi probably never said, “The greatness of a nation can be judged by how it treats its weakest member.” But that doesn’t make it any less true.
By Robert Skidelsky - Mar 17,2021
LONDON — John Maynard Keynes was a staunch champion of US president Franklin D. Roosevelt’s (FDR) New Deal.
By Robert Skidelsky - Feb 16,2021
LONDON  —  Something extraordinary has happened to macroeconomic policymaking.
By Robert Skidelsky - Jan 23,2021
LONDON  —  On one level, the United Kingdom’s departure from the European Union was an unintended consequence of a too-clever political ploy by former prime minister David Cameron.
By Robert Skidelsky - Dec 23,2020
LONDON — Economics is the study of economising, or using the least amount of time and effort to produce the greatest amount of satisfaction. The more we can economise on the use of scarce resources, the more “efficient” we are said to be in getting what we want.
By Robert Skidelsky - Sep 21,2020
LONDON — Whenever the great and the good unite in approval or condemnation of something, my impulse is to break ranks.

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