Be happy, says Dr Doom
http://www.guardian.co.uk/business/story/0,3604,1212222,00.html
Andrew Oswald, professor of economics, University of Warwick
Ashley Seager
Saturday May 8, 2004
The Guardian
An encounter with Andrew Oswald, one of the country's leading
economics professors, is not for the faint-hearted. He thinks booming
oil prices and a probable house price crash could spell the end of
more than a decade of strong economic growth and falling unemployment
in Britain.
While his long-espoused views on these issues have been considered
maverick, more and more people are coming round to his way of
thinking, especially as oil prices reached a 13-year high this week -
pushing above $40 a barrel - while house price inflation is running at
nearly 20%.
Andrew Oswald
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