Browsing Tag

austerity

Daily: Why George Osborne has failed

The lead article in today's links is from Seumas Milne in the Guardian on George Osborne's failure to deliver on his promises as UK Chancellor of the Exchequer. If you recall, the platform that Osborne championed was one of voluntary cuts…

Canada is not the model

Tim Duy has an interesting piece out that dovetails with something I had been saying in the comments here just yesterday. It has to do with austerity as an economic policy response in this post-crisis world. According to Bloomberg News,…

Spain and the Owl Of Minerva

Simply cutting the deficit back and cleaning up bank balance sheets won’t get the economy back to growth. Indeed this habit of continually getting behind the curve, and trying vainly now that the economy is spiralling almost out of control…

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