AUSTERITY has been imposed now for over 15 years and with no sign of economic recovery. On the contrary, the economy is ...

The idea that rational thinking should govern political decision making in America dates back to our very founding. “Facts are stubborn things,” John Adams said, “and whatever may be our wishes, our ...

After a tough and often disappointing 2025 for the UK, we need a serious injection of hope into politics in 2026, and I aim to help bring it.

Forbes contributors publish independent expert analyses and insights. I cover the intersection of economics and politics. Boring as it sounds, “fiscal austerity” has been a hot topic of debate among ...

After almost a decade of austerity the verdict is out, austerity has failed our economy. However, when seemingly deliberate choices have made sure austerity hits Britain’s most vulnerable the hardest, ...

Lee Hye-hoon, the nominee for Minister of Planning and Budget, stated on the 6th, “The fiscal sector must actively play a ...

Lawrence McKay is co-funded by the ESRC and the Hansard Society. Jack Bailey is co-funded by the ESRC and YouGov. Like most bad dramas, keeping up with every development in the Brexit saga is ...

Why has the post-recession recovery been so slothful, both here in the U.S. and abroad? The answer has been plain for years: Government leaders pursued policies of austerity, cutting public spending ...

When Congress finally reached an agreement to lift the debt ceiling, a week ago, many predicted that investors would react with a sigh of relief. After all, on the surface the deal looked good for ...