The Financial Times has this morning produced a blinding set of graphs which highlight how fiscal austerity has negatively impacted on the GDP of various European economies.
Tag Archives: Paul Krugman
This country is relying too heavily on pre-crisis policy ideas that have since been disproved.
On last night’s Newsnight, Nobel laureate Paul Krugman took apart the arguments of the austerians, clearly, forensically, brilliantly.
“The results are in: Keynesians have been completely right, Austerians utterly wrong – at vast human cost” – so wrote Nobel laureate Paul Krugman today.
Paul Krugman has attacked the “austerity debacle” taking place in Britain, pointing out the UK is “nowhere close” to regaining ground lost during the recession.
Readers of Left Foot Forward have voted Owen Jones, author of “Chavs: the Demonisation of the Working Class”, as the most influential left-wing thinker of the year.
Nobel prize winning economist Paul Krugman has advocated for a Tobin tax. The Austrian government estimates that the tax could raise £420bn a year.