Book notes: The London consensus: economic principles for the 21st century, by Tim Besley, Irene Bucelli and Andrés Velasco
The authors set out guidelines to address shortcomings linked to the Washington consensus, but implementation will be a challenge
Tim Besley, Irene Bucelli and Andrés Velasco, The London Consensus: economic principles for the 21st century, LSE Press, 2025, 672 pages
The London consensus (LC) arrives at a time when it seems there is little consensus on anything in our world. That world includes an anti-consensus government in the United States that is trying to shatter whatever consensus has existed in the recent past, on everything from monetary policy to international trade. Anyone attempting to build a new consensus on
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