Two days ago, I called for the rehabiliation of Ebenezer Scrooge. Today, in the FT, Martin Wolf goes one step further: he puts forward Scroogeonomics. I beg to differ. Scrooge offers an excellent morality tale for our day and age. But not a blueprint for economic thinking. Then again, I am sure Martin Wolf knows this and is putting Scroogeonomics forward with his tounge firmry in his cheek. Still, this is risky business. The madnen (and some madwomen) in authority may take him seriously….
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