Nicholas Crafts
Nicholas Crafts's Latest Articles | 3
Escaping Liquidity Traps: Lessons from the UK’s 1930s Escape
The UK escaped a liquidity trap in the 1930s and enjoyed a strong economic recovery. This column argues that what drove this recovery was ‘unconventional’ monetary... Read »
Returning to Growth in the UK
A return to growth is urgently needed in the UK. Recovery from severe recessions was achieved in the 1930s and the 1980s in the presence of fiscal consolidation.... Read »
Saving the Eurozone: Is a ‘Real’ Marshall Plan the Answer?
Renewed calls are being made for a Marshall Plan for Greece. Yet this column argues that few people seem to understand what the Marshall Plan actually was. It suggests... Read »







