In the last few days, the economic case for austerity has been dealt more than one significant blow. The IMF has warned George Osborne that he is ‘playing with fire’ and an academic paper which had ostensibly given the policy great legitimacy has been shown to be fatally undermined by mathematical and statistical errors.
“Lying here, she is one of us, subject to the common destiny of all human beings”. Speaking at
Margaret Thatcher's funeral yesterday (17 April) , the Bishop of London reminded us of what a funeral is actually about.