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You Searched For "austerity" and got 20 results


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1 min read

Here's Why Roger Altman Is Wrong About How The Markets Forced Austerity On Europe

This point can further be proven by making two additional observations. Italy replaced its Prime Mi…

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1 min read

FRENCH FINANCE MINISTER: 'Austerity Is Over'

The U.K. has been rebuked by IMF officials. Reinhart and Rogoff have imploded publicly. Niall Fergu…

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The Rapid Public Implosion Of The Austerity Movement Is Like Nothing We've Ever Seen

Expansionary austerity has been refuted and even the IMF says that short-run multipliers are big. T…

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In One Chart: America Has Had More Austerity Than You Ever Would Have Imagined

For four years since the end of the recession, government spending has been a net drag on GDP (with…

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1 min read

How Austerity Is Increasingly Crushing Europe

Having been to Europe multiple times in 2012 to assess the macro situation, it has become increasin…

Sam Ro   


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3 mins read

The Economic Argument Is Over - Paul Krugman Has Won

SEE ALSO: The Grad Student Who Discovered The Truth About Debt Explains Why The Famous Paper Was Wr…

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1 min read

Outrage In UK After Conservative Politician Says He Could Live On $11.50 A Day

The MP made the claim in an interview with BBC Radio 4's Today program, where he was attempting to …

Adam Taylor   


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1 min read

CHART OF THE DAY: The Worst Of Global Austerity Is Coming To End

"This is best illustrated by measures of the underlying, or cyclically-adjusted, budget deficit," s…

Sam Ro   


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2 mins read

European Leaders Keep Telling Themselves The Same Huge Lie - And It's Ruining The Economy

Why are yields so low? Well lately people are citing Japan, and the BOJ's efforts to depress rates.…

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3 mins read

Furious Britons Picket Prime Minister's House To Protest Spending Cuts And Economy

Cutting spending to reduce deficits in a weak economy weakens the economy even further. The weakeni…

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1 min read

KEN ROGOFF: The Bloggers Are On A 50s McCarthyism Witch Hunt Over My Spreadsheet Error

Economists (and bloggers!) like Paul Krugman and Dean Baker piled on, the thought being that Rogoff…

Steven Perlberg   


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2 mins read

GOLDMAN: Europe Needs More Austerity

While weak growth is a key near-term risk to debt accumulation, the medium-term risks focus on the …

Matthew Boesler   


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3 mins read

4 People Who Praised David Cameron's Austerity Before The UK Economy Turned To Shambles

The new coalition’s most pressing challenge was economic policy, and again Cameron was brave. Rathe…

Rob Wile   


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2 mins read

The Austerity Movement Is Crumbling

His comments come as economists debate the effect of statistical errors in widely cited academic re…

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1 min read

CHART OF THE DAY: Spending Is The Problem

Government spending, which usually provides a boost to the economy in the quarters following the re…

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3 mins read

This is 'the end of eurozone austerity'

From a bond markets perspective, QE drives a wedge between nominal growth and yields, keeping yield…

Mike Bird   


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1 min read

Puerto Rico's School System Can't Afford Nighttime Guards Anymore, And Thieves Have Been Having A Field Day

"Given the relative lack of funds that we're experiencing, we must safeguard property and guarantee…

Rob Wile   


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Puerto Rico's School System Can't Afford Nighttime Guards Anymore, And Thieves Have Been Having A Field Day

"Given the relative lack of funds that we're experiencing, we must safeguard property and guarantee…

Rob Wile   


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The French Prime Minister Is Selling 1,400 Bottles Of Wine Because... Austerity

Hollande's own residence, the Elysee Palace, sold off a 10th of its wine cellar in May for 178,800 …

Steven Perlberg   


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2 mins read

In Case You Needed More Proof That It's Stupid To Cut Government Spending In A Weak Economy...

The logic for this approach rests on the theory that our economy is crappy because consumers are un…