Robert Skidelsky

Five minutes with Robert Skidelsky: “Capitalism is a means to an end, the end being lifting humanity out of poverty in order to enable it to lead the good life”

Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick and the biographer of John Maynard Keynes. His new book, co-authored with his son Edward Skidelsky and entitled How Much is Enough?: Money and the Good Life, brought him to the LSE for a public lecture. In this interview, he discusses economic insatiability and ‘the good life’ […]

Austere Illusions: Fiscal contraction is contractionary, period.

In an article that originally appeared on Project Syndicate, Robert Skidelsky explores the illusions of austerity economics. Not only has austerity failed in being expansionary, it has also hit those at the bottom of the income distribution far more severely than those at the top and may have destroyed not just current but also potential output by eroding the “human capital” of the unemployed. […]

We must rethink our attitudes towards consumption, work, leisure, and the distribution of income

Robert Skidelsky argues that since the 1980s we have witnessed a return to capitalism “red in tooth and claw”, where the rich and very rich have become very much richer, while everyone else’s incomes have stagnated. We must rethink our collective attitude towards consumption lest we succumb to more shattering financial calamities in the future. As people in the developed world […]