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Why did governments adopt austerity policies, and why were they so harmful? Why did the media largely ignore the majority of experts who opposed these policies, and allow politicians to get away with lies? And why did voters choose Brexit when the economic consensus was that it would harm living standards? Simon Wren-Lewis, winner of the SPERI/New Statesman Prize for Political Economy, is one of Britain's most respected economists. Since 2012, his widely-read Mainly Macro blog has been an influential resource for policymakers, academics and social commentators around the world. This book presents some of his most important work, telling the story of how the damaging political and economic events of recent years became inevitable. With new material including a preface by Nobel prize-winner Paul Krugman, these dispatches from the front-line serve as an essential guide to some of the most important economic and political issues facing us today, and as a warning to avert future disasters on this scale.
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