Other News
Ben Clift鈥檚 new article on the OBR & UK fiscal policy
Ben Clift鈥檚 finds UK technocratic fiscal policy-making to be a more social and political process than many advocates of economic rules-based policy acknowledge. The article delineates a yawning gap between the theory and practice of technocratic economic governance, which is saturated with politics. Fiscal rules engender new forms of contested politics and elite statecraft and expert technocracy.as rules are circumvented, breached or changed.
A related blog post analyses OBR commentary on the Chancellor鈥檚 spring statement: