I think it’s clear that at least one reason they’re going so far all-in in this direction is simply that the UK Tory Party is a right-of-center party that has an ideological aversion to government spending.Bingo. I charged earlier today that those who favor massive stimulus spending do so because they have an ideological affinity for making national governments bigger and more powerful. So when's someone going to write a computer program that manipulates the macro economy based on pure empiricism instead of the hidden agendas of politicians and pundits?
Thursday, October 21, 2010
We Need An App For That
Matthew Yglesias doesn't like the British government's budget cuts, adding: