Yet influential people on both sides of the Atlantic heaped praise on the prophets of austerity, Mr. Cameron in particular, because the doctrine of expansionary austerity dovetailed with their ideological agendas.
…merely spending more money that the government doesn’t have is hardly a solution in the absence of a broader plan, an inspiring vision, and a bigger narrative that explains how not only more spending but a rejiggering of budget priorities will help.
- EUROPE: Austerity vs. Europe (project-syndicate.org)
- What do you think of Austerity? (opsudwinger.wordpress.com)
- E.U. Leaders Set to Admit Austerity Is Not Enough (nytimes.com)
- Harmful Austerity (economistsview.typepad.com)