Thursday, September 12, 2013

Robert Skidelsky: Economics and Political Power during the Crisis

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!