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Robert Skidelsky
By Robert Skidelsky - May 18,2021
LONDON — Since March 2020, the Bank of England (BoE) has bought £450 billion ($639 billion) of UK government debt through its so-called Asset Purchase Facility. Virtually all of this was new debt issued by the government since the start of the COVID-19 crisis.
By Robert Skidelsky - Apr 18,2021
LONDON — Mahatma Gandhi probably never said, “The greatness of a nation can be judged by how it treats its weakest member.” But that doesn’t make it any less true.
By Robert Skidelsky - Mar 17,2021
LONDON — John Maynard Keynes was a staunch champion of US president Franklin D. Roosevelt’s (FDR) New Deal.
By Robert Skidelsky - Feb 16,2021
LONDON  —  Something extraordinary has happened to macroeconomic policymaking.
By Robert Skidelsky - Jan 23,2021
LONDON  —  On one level, the United Kingdom’s departure from the European Union was an unintended consequence of a too-clever political ploy by former prime minister David Cameron.
By Robert Skidelsky - Dec 23,2020
LONDON — Economics is the study of economising, or using the least amount of time and effort to produce the greatest amount of satisfaction. The more we can economise on the use of scarce resources, the more “efficient” we are said to be in getting what we want.
By Robert Skidelsky - Sep 21,2020
LONDON — Whenever the great and the good unite in approval or condemnation of something, my impulse is to break ranks.
By Robert Skidelsky - Aug 30,2020
LONDON — I have long criticised economics for its lack of realism, and for producing “models” of human behavior that are at best caricatures, and at worst parodies of the real thing.
By Robert Skidelsky - Aug 25,2020
LONDON — Three economic effects of COVID-19 seem to be generally agreed upon. First, the developed world is on the brink of a severe recession. Second, there will be no automatic V-shaped recovery.
By Robert Skidelsky - Apr 19,2020
LONDON — One of the few things not in short supply in the COVID-19 era is commentary on the pandemic.

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