Debt and growth: Growing out of trouble | The Economist

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

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

Paul Krugman, Laureate of the Sveriges Riksban...

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.

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3 responses

  1. Pingback: Stiglitz and Other Heavyweight Champion Economists in Epic Battle Over Austerity Policies That Devastate Millions | Alternet « Dr Alf's Blog

  2. Pingback: Charlemagne: After austerity, what? | The Economist « Dr Alf's Blog

  3. Pingback: The 1 Percent’s Solution – Paul Krugman – NYTimes.com « Dr Alf's Blog

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