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History tells us that we can get out of the current economic slump if government guarantees low interest rates, rising prices, and provides a more sensible planning system

Leunig, Tim (2011) History tells us that we can get out of the current economic slump if government guarantees low interest rates, rising prices, and provides a more sensible planning system. British Politics and Policy at LSE (28 Dec 2011) Blog Entry.

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Abstract

With interest rates already very low, levels of public debt very high, there seems very little room for government to improve the current economic situation. Tim Leunig looks to history to provide a recipe for growth, arguing that, as was effective in the 1930s, the government must act to guarantee that prices rise at a certain level annually, interest rates remain low, and the planning system is reformed so that many more new houses can be built.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 The Author
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
J Political Science > JA Political science (General)
Sets: Departments > Economic History
Collections > British Politics and Policy at LSE
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 05 Jan 2012 11:09
URL: http://eprints.lse.ac.uk/41055/

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