This is an excellent informative article by Jeremy Warner in a Telegraph blog. It’s a RECOMMENDED READ, in my view. Check it out!
Personally, I find the title distasteful. It’s shows no respect for those millions of families who have suffered from excessive austerity. In my mind, austerity is still a hot subject and I suspect that historians will debate it for years to come.
For me, the Warner article lacks balance, and the alternative perspective. It’s almost as if it’s a bit of red meat to Telegraph readers.
Let me turn this to an open question:
Is it time to close the austerity debate?
- Oh God – I cannot take any more of the austerity debate (blogs.telegraph.co.uk)
- How much has UK austerity cost (so far)? Simon Wren-Lewis – Mainly Macro (dralfoldman.com)
- The Centre Cannot Hold? – Simon Wren-Lewis – Mainly Macro (dralfoldman.com)
- The Paranoid Style in Economics by Raghuram Rajan – Project Syndicate (dralfoldman.com)
- We Were Middle-Class Once, And Young – Paul Krugman – NYT (dralfoldman.com)
- Austerity, Economics, Politics, Riots and War (dralfoldman.com)
- ‘The Austerian Mask Slips’ (economistsview.typepad.com)
- How the Case for Austerity Has Crumbled by Paul Krugman | The New York Review of Books (dralfoldman.com)
- Stiglitz and Other Heavyweight Champion Economists in Epic Battle Over Austerity Policies That Devastate Millions | Alternet (dralfoldman.com)