Monthly Archives: October 2016

9

We put out one fire but now Mark Carney wants to start another

by Mitch Feierstein about 10 months 3 weeks ago

Mervyn King’s decade at the Bank of England was a disaster. The Bank was too slack during the long and indisciplined boom, under prepared for the crash and playing catch-up thereafter. The legacy of Lord King’s (and Gordon Brown’s) career has been an economy still limping along far below peak output, real wages caught in [...]

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