The Worse-than Club – NYTimes.com

Paul Krugman, Laureate of the Sveriges Riksban...

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This short article is amazing from Paul Krugman, the Nobel winning economist in his New York Times blog. Check it out!

The Worse-than Club – NYTimes.com.

The article shows graphically that the UK & Italy are doing worse than in the Great Depression in the Thirties! It politely concludes with the following question:

Do you think the austerity advocates might consider that maybe, possibly, they’re on the wrong track?

The Perils of 2012 – Joseph E. Stiglitz – Project Syndicate

Cropped picture of Joseph Stiglitz, U.S. econo...

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This is a brilliant blog from Joe Stiglitz and strongly recommended for a read. Check it out!

Joseph E. Stiglitz is University Professor at Columbia University, a Nobel laureate in economics, and the author of Freefall: Free Markets and the Sinking of the Global Economy.

. via The Perils of 2012 – Joseph E. Stiglitz – Project Syndicate.