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Even the IMF Now Admits Neoliberalism Has Failed

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The paper written by IMF Deputy Director Jonathan Ostry, Division Chief Prakash Loungani, and economist Davide Furceri, proposes that neoliberal economic policies have resulted in increased inequality and stunted economic growth.


I wonder what they will attempt to stop the runaway carriage. On one hand we have an ageing population, and decreasing population growth, on the other were building more flats and houses, a pending divorce and possible departures of european citizens from the isles, do we really require an increase in buildings or a correction in the affordability. 

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