The case for budget 'austerity' has proved to be a joke, but the US and Europe still won't change course
Wednesday, May 8, 2013 - 05:10
in Psychology & Sociology
It appears that the Reinhart-Rogoff battles over their faulty data about government debt have flamed out. Even the inventors of the 90% debt cliff are now anxious to portray themselves of cautious supporters of expansionary fiscal policy. This should mean that sober policy type …