Value Added Round-Up

A better macro-mix, a depressing but interesting paper, a podcast and a programming note.

The British Macro-Policy Mix looks a lot healthier after yesterday

Last October I wrote about my concerns about Britain’s macro-policy mix. At that point it looked very much like fiscal policy was being set much tighter than seemed ideal. That policy call was explicitly framed around a policy-aim of keeping interest rates low. Whilst the Chancellor was k…