The idea that rational thinking should govern political decision making in America dates back to our very founding. “Facts are stubborn things,” John Adams said, “and whatever may be our wishes, our ...
In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...
Relentless cuts have put more children at risk of violence, poverty and homelessness, with no end in sight whatever politicians promise Domestic violence, poverty, poor housing and substance abuse are ...
At the heart of the current Greek debt crisis is an old debate - is it better to cut spending and raise taxes in an economic downturn, or spend your way out of it? Greek Prime Minister Alexis Tsipras ...
Why has the post-recession recovery been so slothful, both here in the U.S. and abroad? The answer has been plain for years: Government leaders pursued policies of austerity, cutting public spending ...
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Austerity is back- and more dangerous than ever
What do Rachel Reeves, Javier Milei, and Elon Musk have in common? All are preaching the gospel of austerity as a necessary cure for what ails their respective economies. Hence, Reeves, the United ...
After almost a decade of austerity the verdict is out, austerity has failed our economy. However, when seemingly deliberate choices have made sure austerity hits Britain’s most vulnerable the hardest, ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of economics and politics. Boring as it sounds, “fiscal austerity” has been a hot topic of debate among ...
Lawrence McKay is co-funded by the ESRC and the Hansard Society. Jack Bailey is co-funded by the ESRC and YouGov. Like most bad dramas, keeping up with every development in the Brexit saga is ...
Austerity policies and changes introduced by the GNU have shrunk the public sector footprint in security matters. Even with reform pledges, the combined impact of past corruption, mismanagement, and ...
When Congress finally reached an agreement to lift the debt ceiling, a week ago, many predicted that investors would react with a sigh of relief. After all, on the surface the deal looked good for ...
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