2013 April 24 « Dr Alf's Blog

Cropped picture of Joseph Stiglitz, U.S. economist. (Photo credit: Wikipedia)

Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Swedish Academy of Science in Stockholm (Photo credit: Wikipedia)

Here’s an excellent blog published by the Economist, arguing for more growth rather than austerity. It’s well worth a read. Check it out!

Debt and growth: Growing out of trouble | The Economist.

It seems to me that whilst the “austerians” are in the minority, for the moment they still hold the balance of power but pressures are escalating. Hopefully, common sense will prevail soon. Perhaps Nobel winning liberal economists like Joe Stiglitz and Paul Krugman will start to influence policy-makers to change direction.

English: A map showing European membership of the EU and NATO. EU member only NATO member only Member of both Česky: Mapa zobrazující členství evropských států v EU a NATO. státy pouze v EU státy pouze v NATO státy v NATO a EU (Photo credit: Wikipedia)

This is some excellent research published in the Guardian and well worth a read. Check it out!

Crisis for Europe as trust hits record low | World news | The Guardian.

Traditionally, ordinary peoples’ views have not mattered much to the political classes that have formulated EU policy. Now there is such a backlash that perhaps the political classes themselves feel threatened? Perhaps, there will still be a place for democracy in formulating EU policy?

via Crisis for Europe as trust hits record low | World news | The Guardian.