Alex's Blog: The Trouble With Austerity: Economics as Ideology

A somewhat abridged version of this post first appeared in The Toronto Star here Governments here and elsewhere are increasingly preoccupied with cutting even as evidence piles up of its harmful consequences on people and the economy. Austerity is not even delivering the balanced budgets its advocates promise. Even the IMF is now preaching balance ...

Alex's Blog: The Trouble With Austerity: Economics as Ideology

A somewhat abridged version of this post first appeared in The Toronto Star here Governments here and elsewhere are increasingly preoccupied with cutting even as evidence piles up of its harmful consequences on people and the economy. Austerity is not even delivering the balanced budgets its advocates promise. Even the IMF is now preaching balance ...