Absurd Austerity Policies in Europe

Philip Arestis and Theodore Pelagidis

Challenge, 2010, vol. 53, issue 6, 54-61

Abstract: Austerity policies again prevail in Europe as well as in the United States. These economists, based in England and continental Europe, focus on the poorly understood damage that the austerity mania will almost certainly do on their side of the Atlantic. Why is it happening? There is no rational answer.

Date: 2010
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DOI: 10.2753/0577-5132530603

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