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‘Military Keynesianism’? Reeves faces British defence dilemma after EU spending surge
theguardian.com/business/2025/mar/09/military-keynesianism-reeves-faces-british-defence-dilemma-after-eu-spending-surge
Even Berlin and Brussels are bending fiscal rules in the face of Russia’s threat. Will the chancellor still stick to hers?
As the Nobel laureate Robert Lucas quipped during the 2008 financial crisis: “I guess everyone is a Keynesian in a foxhole.” Donald Trump’s upending of the postwar…
This story appeared on theguardian.com, 2025-03-09 08:00:48.