Green investments can overcome the paradox of thrift

Posted on 7 Jun 2012 in Commentary

We need real public investment in Green projects now.
Few economists will be entirely surprised that the UK is officially back in recession. We are witnessing a classic case of the “paradox of thrift” in which households, businesses, banks and now government are all retrenching simultaneously, cutting investment, shedding labour, restricting credit and storing money.

The New Statesman