May 21, 2013

The ghost in the economy’s attic

Econ4’s Gerald Friedman writes:

Even while scholarship has exposed the fallacy of austerity economics and this news has reached wide audiences through Twitter and the Colbert Report, the United States government is embracing austerity‚Äôs policy prescriptions… The ghost of bad austerity economics continues to haunt, and even to drive, the living.

Read his piece here.