Economics29 April 13<29 April 13 Goodbye to austerity by Alasdair Macleod There is a new campaign to end austerity. First, the IMF lets it be known it has second thoughts about it; then we are…
Economics30 November 12<30 November 12 The myth of austerity by Prof Philipp Bagus Many politicians and commentators such as Paul Krugman claim that Europe’s problem is austerity, i.e., there is insufficient government spending. The common argument goes like this: Due to…