Post-truth Politics, Bullshit and Bad Ideas: ‘Deficit Fetishism’ in the UK

  title={Post-truth Politics, Bullshit and Bad Ideas: ‘Deficit Fetishism’ in the UK},
  author={Jonathan Hopkin and Ben Rosamond},
  journal={New Political Economy},
  pages={641 - 655}
ABSTRACT Debates about economic policy in Britain have been dominated by claims that sovereign debt problems are due to loose fiscal policy and excessive spending rather than volatile capital flows and flawed monetary policy. There are strong grounds for believing that these stories are largely nonsense, yet they inform policy and are widely believed among mass publics, and have proved almost impossible to refute in everyday political discourse. The answer to this puzzle, we suggest, is that… 

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