We need macroeconomists in the places where macroeconomic thinking is required – and get microeconomists instead

Posted on

Along with other members of the Progressive Economy Forum I had a letter in the FT yesterday in which we criticised the microeconomic way in which the Office for Budget Responsibility views the role of the government within the macroeconomy.

This video elaborates on that theme, exploring why this approach is fundamentally flawed. We need macroeconomists to talk about the macroeconomy, and we are not getting them in the places where they are needed.


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: