Why was austerity popular? “Many people would argue that the macroeconomic case for fiscal stimulus was complex, while simple analogies between governments and households were easier to grasp. However I have also argued that the media played a large role in focusing on the latter and largely ignoring the former.”
A closer look at the US unemployment numbers Read here
“However, the evidence shows that—to date—it is austerity, not Brexit, that has had the most negative long-term impact on the British economy.” Read here
A year that began hopefully is ending grimly. Western political elites, unable (and perhaps unwilling) to turn a deadly pandemic and climate crisis into a life-preserving opportunity, have only themselves to blame. Read here
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