Adam Smith Institute

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Eamonn Butler Writes for The Sunday Times

Director of the Adam Smith Institute, Dr Eamonn Butler, wrote an op-ed for The Sunday Times entitled: "Britain's fake growth totters along with the zombies."

Excerpt:

"Will the big, profligate governments of the G20 ever take a lesson from their more prudent partners, and sort out their banks, balance their books and trim their spending? Probably not. They still imagine that they can create real growth by slashing interest rates, printing money and borrowing whatever they need. But that is what caused our problems. If the world's big economies do not face up to reality, world economic growth is going precisely nowhere."