Friday, April 18, 2014

Austerity and its Discontents

Newsart for Austerity and its Discontents

Austerity is always a bitter pill, and one that a growing chorus of political and business leaders, economists, and voters is refusing to swallow. But, given high debt burdens and rising borrowing costs in many countries, is there a viable alternative to rapid fiscal consolidation? Project Syndicate’s commentators examine the arguments and weigh the evidence.

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