Welcome to our new video series titled "New Economic Thinking." The
series will feature dozens of conversations with leading economists on
the most important issues facing economics and the global economy today.
This
episode features Institute for New Economic Thinking Advisory Board
member Robert Skidelsky speaking about the UK economy and how political
power influenced economics during the crisis. Despite economists' claims
to the contrary, economic theory had little to do with policy choices
over the last few years, Skidelsky says. So what was the political
dynamic driving post-crisis economic policy? Watch the interview to find
out!