A Final Word with Ferguson

  • Robert SkidelskyEmail author
  • Nicolò Fraccaroli


Ferguson’s case against the Keynesians hinges crucially on the assertion that the Osborne package of 2010 was necessary to restore business confidence, and that it duly did so… He now admits that he was wrong—that “confidence fell somewhat in the first 2 years under Prime Minister David Cameron”—but urges in mitigation that a “single factual error” does not invalidate “an entire argument.” In fact, Ferguson’s entire case rests on this single factual error.

Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.University of WarwickCoventryUK
  2. 2.London School of Economics and Political ScienceLondonUK

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