Saturday, December 31, 2011

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The Austerity Delusion
 
As Finances Tighten, Furloughs Give Way to Pay Cuts
The New York Times
October 31, 2010    




Vote.  Vote your interest.      Congress hears only the loudest voices.

http://krugman.blogs.nytimes.com/?s=austerity

December 21, 2011, 4:48 pm

Olivier Blanchard Isn’t Very Serious

And that’s a very good thing.

December 19, 2011, 10:31 am

Hungary’s Constitutional Revolution

The details explained.

December 19, 2011, 9:36 am

Keynesophobia

Refusing to take yes for an answer.

December 19, 2011, 9:20 am

Irish Competitiveness (Wonkish)

About those unit labor costs.

December 18, 2011, 1:45 pm

Twice-Told Irish Tales

Not one but two premature declarations of success.

December 17, 2011, 9:05 am

They Have Made A Desert, Ireland Edition

About that recovery.

December 14, 2011, 8:41 am

Mario and the Confidence Fairy

“Technocratic” = delusional.

December 13, 2011, 8:41 am

Receding Inflation In Britain

As predicted.

December 12, 2011, 9:10 am

No Draghi Ex Machina

The ECB is not coming.

December 10, 2011, 6:00 pm

Lessons From Europe

Still a Keynesian world.

December 10, 2011, 11:32 am

The Long And The Short Of It

Snowed in on budgets.

December 9, 2011, 8:41 am

The Summit To End All Summits

Did they just kill the euro?

December 8, 2011, 9:05 am

Still Fiscalizing

Germany still won’t face reality.

December 7, 2011, 9:12 am

They Have Made A Desert, And Called It Adjustment

It’s all fine, except for the economy and the people.

December 6, 2011, 8:55 am

Irish Pfizer Smiling

Of GDP, GNP, and austerity.

December 5, 2011, 11:01 am

Lake Wobegon, Europe

Where are the trade balances are above average.

December 1, 2011, 10:11 am

The Summer Of Confidence

Do you believe in fairies?

November 30, 2011, 10:24 am

Bleeding Britain

The bleeding will continue until the patient recovers.

November 30, 2011, 8:49 am

Questions Of Confidence

Of the ECB and the confidence fairy.

November 28, 2011, 8:23 am

Oh? ECD

VSPs warn about the mess they made.

November 27, 2011, 10:10 am

Hedge Fund Ireland

Debt without deficits?

November 26, 2011, 12:09 pm

Mysterious Europe

What’s the plan? What’s the story?

November 25, 2011, 10:59 am

Death By Hawkery

Deficit and inflation hawks are killing the world economy.

November 25, 2011, 8:50 am

Death By Accounting Identity

Arithmetic has a well-known, well, you know.

November 22, 2011, 4:15 pm

The Big Drag

Austerity, we does it.

November 21, 2011, 6:47 pm

Real Austrian Economics Updated

Why the widening spread?

November 21, 2011, 2:15 pm

Looking For Insight In All The Wrong Places

Why do inflationistas have such a hold?

November 14, 2011, 9:42 am

The 1% Across Space And Time

This time is different.

November 14, 2011, 9:14 am

Austerity Then And Now

Not the same, at all.

November 11, 2011, 3:20 am

Crat Me No Techno, Continued

Pretend wise men versus democracy?

November 7, 2011, 8:53 am

Wishful Thinking And The Road To Eurogeddon

Fallacies wrapped in fallacies, and disaster.

November 5, 2011, 1:05 pm

Roubini On Internal Devaluation

Grim but good.

November 1, 2011, 9:01 am

Eurodämmerung

Eek. And I mean that.

October 31, 2011, 10:17 am

Cameron’s Fantasy

That was no fairy, it was the Lesser Depression.

October 30, 2011, 5:38 pm

European Doom Loop

Still looping.

October 26, 2011, 6:26 am

The Amnesiac Economy

Forgetting can hurt you, badly.

October 25, 2011, 9:02 am

Very Serious Americans

Slash spending now, or we may be forced into austerity!

October 23, 2011, 4:22 pm

More Grim Euro Thoughts

Of expansionary austerity and super-AIGs.

October 22, 2011, 11:05 am

There’s A Hole In The Bucket

Europe goes in circles.

October 21, 2011, 11:08 am

Trying To Unwarp The Debate

Of demonstrators and the austerity class.

October 18, 2011, 10:22 am

Levels And Changes

Misinformation from Investors Business Daily.

October 18, 2011, 9:55 am

Surprise Anti-Austerians

Bankers for stimulus.

October 17, 2011, 8:14 am

European Spillovers

Are they why it has gone so wrong?

October 14, 2011, 7:49 pm

The Critics Of Modern Macro Are Wrong

It’s much, much worse.

October 13, 2011, 9:01 am

Low Rates As A Sign Of Failure

Cameron’s delusions.

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