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Austerity policies do more harm than good, IMF study concludes

Economists give strong critique of neoliberal doctrine ushered in by Ronald Reagan and Margaret Thatcher in the 1980s..

A strong warning that austerity policies can do more harm than good has been delivered by economists from the International Monetary Fund, in a critique of the neoliberal doctrine that has dominated economics for the past three decades.

In an article seized on by the shadow chancellor, John McDonnell, the IMF…

Source: Austerity policies do more harm than good, IMF study concludes | Business | The Guardian

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