Tag: economic policy

A brief history of austerity

December 14, 2014 2 Comments
A brief history of austerity

John Naughton observed the other day that neoliberal economists and their current weapon, austerity, have gained an unassailable intellectual hegemony. To claim that austerity is self-defeating and should be stopped is to be regarded as either foolish or mad. Ed Miliband, leader of a political party that was established – absurd idea! – to represent […]

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