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Michael Kitson on rethinking economics

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Published on Apr 10, 2012

Highly respected macroeconomist Michael Kitson says a regime change in economics is needed to haul the country out of austerity and ensure long-term growth. Comparing the current global recession to the Great Depression of the 1930s, Kitson feels that austerity is here for a long time unless there is a change in economic policy globally as well as in the UK.

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