Tag Archives: richard duncan

Mark Pack

The New Depression: Richard Duncan’s prognosis of our economic ills and the answer to them

By Mark Pack | Mon 18th June 2012 - 1:54 pm

A slight change from the usual in my day job at MHP Communications has come courtesy of our client Richard Duncan and his new book, The New Depression, which is primarily about the US but with lessons that are very applicable to the UK.

In a nutshell, his case is half-Austrian. Or indeed half-Keynesian. That is because whilst Duncan’s diagnosis of the current economic ills is very much in the Austrian school of economics, with its emphasis on the role of credit, his prescription for fixing the economy is large-scale borrowing to fund infrastructure work, all of which sounds rather Keynesian.

Continue reading »
Posted in Books and Op-eds | Also tagged | 17 Comments
Advert

Recent Comments

  • William Wallace
    I think I became a Liberal from listening to sermons of the social gospel when I was a choirboy. But the social gospel of the New Testament is a very long way ...
  • Nick Baird
    I would add to David Evans' valid concerns above. We are facing reverse-devolution via the abolition of our local (firmly Lib Dem controlled) Borough Council. W...
  • Mick Taylor
    @Jana. I am a lifelong Liberal Democrat and a Quaker. I am a believer in the Quaker Peace testimony and this means that I differ from the party on ways to achie...
  • Tom Bailey
    So we have a contrived speech of “motherhood and apple pie” with zero detail, and financial accounting, given to his *lovey-lanyard* wearing “disciples�...
  • Jana
    “ What our party does sometimes understandably struggle with is not Christianity itself, but with the social conservatism that some Christians in our party se...