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Forget cuts and keep spending, Brown told

Publié par Clifford Armion le 02/09/2010

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Sean O'Grady

"One of the world's leading economists has urged Gordon Brown to reject "fiscal fetishism", defy the markets and maintain, or even extend, the fiscal stimulus of the British economy.

"Joseph Stiglitz, who won the Nobel Prize for Economics in 2001 and has served as chief economic adviser to President Clinton and chief economist at the World Bank, warned that the financial markets were like a "crazy man" that could not be appeased with cuts to public spending.

""You're dealing with a crazy man. You're asking what I can do to placate a crazy man? Having got what he wants he will still kill you," he said."

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Pour citer cette ressource :

"Forget cuts and keep spending, Brown told", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), septembre 2010. Consulté le 19/06/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/forget-cuts-and-keep-spending-brown-told