How Austerity Has Failed by Martin Wolf | The New York Review of Books

English: David Cameron's picture on the 10 Dow...

English: David Cameron’s picture on the 10 Downing Street website (Photo credit: Wikipedia)

Chancelor of the Federal Republic of Germany D...

Chancelor of the Federal Republic of Germany Dr. Angela Merkel on the open door day at the Bundeskanzleramt in Berlin, Germany Français : Dr Angela Merkel, chancelière de la République Fédérale d’Allemagne, lors de la journée portes ouvertes de la Bundeskanzleramt à Berlin, en Allemagne. (Photo credit: Wikipedia)

This is an outstanding, MUST READ, article in my view; it’s written by leading economics journalist Martin Wolf. Check it out!

via How Austerity Has Failed by Martin Wolf | The New York Review of Books.

I wonder how history will judge the austerians like Angela Merkel and David Cameron?

Any thoughts?

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