{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6256a2f65777950013fadde6/667ad2e483e70f59f7a10def?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Why Austerity Fails","description":"<p>Jo Michell is a Professor of Economics at the University of West England, Bristol, and a friend of mine. We previously chatted about Keynesianism on the podcast, see here if you want a refresher:</p><p><br></p><p>https://open.spotify.com/episode/70HlACXJTARA6bf7599vDM?si=8fb79491d4e24263</p><p><br></p><p>Last year Jo, Natassia Nasciemento, Rob Calvert Jump, and James Meadway wrote a report on austerity in the UK so I was keen to chat to him again on an issue that is close to my heart. You can see the report here:</p><p><br></p><p>https://progressiveeconomyforum.com/publications/the-macroeconomics-of-austerity/</p><p><br></p><p>I'm releasing this now (25th June 2024) because it is relevant to the UK elections (4th July), where neither of the major parties have disavowed austerity and balanced budgets despite its dreadful failings. It was originally recorded on September 5th, 2023.</p>","author_name":"Unlearning Economics"}