2min chapter

Many Happy Returns cover image

Gilt Yields and Ghosts of Budgets Past: Who's Afraid of Bond Vigilantes?

Many Happy Returns

CHAPTER

The Impact of Government Spending on Economic Confidence

This chapter explores the interplay between government spending and its impact on business and consumer confidence, emphasizing psychological factors. It discusses concepts like crowding out versus crowding in, and highlights the urgency for infrastructure improvements in the UK amid ongoing economic challenges.

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