Robert Skidelsky, New Statesman

Robert Skidelsky

New Statesman

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Recent:
  • New Statesman
Past:
  • Project Syndicate
  • Social Europe
  • Asia Times

Recent articles by Robert:

What would Keynes do?

JM Keynes was convinced that if democracies failed to tackle mass unemployment, people would turn to dictatorships. We must urgently remember his warning. → Read More

The coronavirus pandemic shows why the West must transform its economic logic

We must end our dogmatic reliance on global supply chains and adopt “just-in-case” thinking. → Read More

A Post-Election Reckoning for British Politics by Robert Skidelsky

Leaving the European Union on January 31, 2020, will be UK Prime Minister Boris Johnson’s repayment of the debt he owes to the many Labour supporters who "lent" his Conservatives their votes. But "getting Brexit done" won't be enough for the Tories to hold on to their parliamentary seats. → Read More

The Economic Consequences of Automation by Robert Skidelsky

Economic theory does not provide a clear answer regarding the overall impact of technological progress on jobs. And even if automation has traditionally been beneficial in the long run, policymakers should never ignore its disruptive short-term effects on workers. → Read More

The Fall and Rise of Public Heroism by Robert Skidelsky

The value of heroism is again on the rise, especially in countries where undemocratic regimes can no longer be relied on to deliver economic prosperity. The future may well lie not with politicians and diplomats, but with those men – and women – who are willing to die. → Read More

The Fall of the Economists’ Empire by Robert Skidelsky

The goal of economics is to replace the particular languages that obstruct the discovery of general laws with the universal language of mathematics. This is the apotheosis of a Western conceit that can no longer be sustained by Western power. → Read More

From Versailles to the Euro by Robert Skidelsky

The agreement that ended World War I, signed in June 1919, imposed a ruinous debt burden on Germany. A century later, Germany has assumed the role of the eurozone’s self-righteous creditor, fretting about “moral hazard” and ignoring the destabilizing, contagious effects of making debtor countries poorer. → Read More

Has Austerity Been Vindicated? by Robert Skidelsky

A correlation between fiscal retrenchment and economic growth tells us nothing about the underlying relationship between the two. This should be borne in mind in light of new research suggesting that austerity may well be the right policy in a recession. → Read More

The good life after work

To manage the latest wave of automation, we must have ends that are more compelling than merely wanting more products and services. → Read More

The good life after work

If humanity is not to be trapped in a never-ending race against machines, we need to distinguish between needs and wants, and between means and ends → Read More

The Good Life After Work by Robert Skidelsky

In order to manage the latest wave of automation, we must have ends that are more compelling than merely wanting more products and services. Without an intelligent definition of wellbeing, we will simply create more and more monsters that feed on our humanity. → Read More

No choice and no exit for the UK

In its frustrating effort to find a way out of the EU, the United Kingdom has been painfully discovering the limits of its own sovereignty → Read More

No Choice and No Exit for the UK by Robert Skidelsky

The outcome of the simple binary choice given to UK voters in the June 2016 Brexit referendum has proved almost impossible to implement. The main obstacle is not the complications of negotiating new treaties, but rather the judgment by those in charge of Britain’s political life that the costs of an emphatic withdrawal are too great. → Read More

The AI Road to Serfdom? by Robert Skidelsky

Estimates of job losses in the near future due to automation range from 9% to 47%, and jobs themselves are becoming ever more precarious. Should we trust the conventional economic narrative according to which machines inevitably raise workers' living standards? → Read More

Rhymes from Central Europe by Robert Skidelsky

The rise – or better, the return – of “illiberal democracy” in parts of Europe today surprises us, because it refutes the established narrative of progress. But what is odd is not the reappearance of ancient faiths and prejudices, but rather the liberal belief that they could so easily be overcome. → Read More

The Continuing Agony of Brexit by Robert Skidelsky

Those who are calling for a second referendum on the United Kingdom's withdrawal from the European Union overlook an inconvenient truth: Leavers detest the EU more intensely than Remainers love it. So we must hope that Prime Minister Theresa May gets her amicable divorce when Parliament finally votes on it in January. → Read More

The Case for Compensated Free Trade by Robert Skidelsky

According to Harvard’s Dani Rodrik, the nation-state, democracy, and globalization are mutually irreconcilable: we can have any two, but not all three simultaneously. In fact, there may be a solution to Rodrik's “trilemma.” → Read More

The Brexit Endgame by Robert Skidelsky

Britain’s Leave campaign was a revolt against not only economic mismanagement, but also the pretension of supranational government. So Brexit’s outcome may indicate how the dialectic between supranationalism and nationalism will play out in much of the rest of the world as well, where it is the stuff of current politics. → Read More

Good politics, bad economics

Asian news hub covering geo-political news and current affairs across Asia → Read More

Good Politics, Bad Economics by Robert Skidelsky

Advocates of liberalism find it hard to accept that populist and authoritarian governments could ever formulate sound economic policies, and they often assume that "free markets" will always provide widespread prosperity and accountability. They're mistaken on both counts. → Read More