Austerity is a political choice, not an economic necessity | Clara Mattei and Sam Salour

Neoliberal economists present themselves as neutral technocrats, but theyre actually partisans for the status quo. Dont fall for it The outcome of austerity policies in Britain and elsewhere has become painfully clear: increased misery; increase in racial inequality; public health and other public services; and all-around recently recommended the book Austerity: When it Works and When it Doesnt as his top book to read this summer. The book is a qualified defense of austerity policies written by Alberto Alesina, Carlo Favero, and Francesco Giavazzi, an influential trio of economists and rising stars known for advising major economic institutions. This is an extremely important book, Wolf said. The economist Kenneth Rogoff agreed, recently Original Article : HERE ; The Ultimate Survival …