I have yet to hear a satisfactory explanation as to why EU elites have doubled down so hard on austerity post-2008.
@Econ_Marshall I suppose I should re-read Anderson's The New Old World.
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@HeerJeet 1. Naaah. This Anderson not good at. I would start with works referred to in http://equitablegrowth.org/2015/07/12/future-euro-presentation-august-7-2015/ … cc:@Econ_Marshall -
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@HeerJeet 2. & then add: http://www.project-syndicate.org/commentary/greece-debt-agreement-risks-by-barry-eichengreen-2015-07 … http://equitablegrowth.org/2015/07/14/delong-eichengreen-new-preface-charles-kindleberger-world-depression-1929-1939-hoisted-grasping-reality-archives/ … https://medium.com/bull-market/greece-time-to-look-on-the-bright-side-55d86bca9536 … https://medium.com/bull-market/greece-the-eu-and-aunt-agatha-ea6d79c0bdd3 … cc:@Econ_Marshall - Show replies
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