GETTING AN AMERICAN PERSPECTIVE ON FISCAL OUTLOOK IN THE UK

摘要

I spent the first five days of the New Year in Atlanta, Georgia, attending the annual meetings of the American Economic Association. The town was overwhelmed with more than 7,000 freezing economists - the temperature never rose above zero and the hotel heating systems in that southern state could not cope.rnAs you might expect, there was plenty of discussion of the economic crisis, why economists had failed to forecast its onset and/or severity, and what to do next. Whilst much of the discussion was very US focused, some points raised were of relevance to current UK controversies.