Leprechauns and Confidence Fairies

21/07/2010

Writing in the New York Times, Paul Krugman is unimpressed by the latest ESRI report.

He writes: "The authors simply assert that more austerity now would lead to a lower risk premium and hence higher growth, based on no evidence I can see. They don’t even offer any quantitative assessment of the extent to which more austerity while the economy is still depressed would reduce future debt burdens."

Posted in: InequalityFiscal policyEconomics

Tagged with: austerityesrikrugman

Share:



Comments

Newsletter Sign Up  

Categories

Contributors

Paul Sweeney

Paul Sweeney is former Chief Economist of the Irish Congress of Trade Unions. He was a …

Kirsty Doyle

Kirsty Doyle is a Researcher at TASC, working in the area of health inequalities. She is …

Shana Cohen

Dr. Shana Cohen is the Director of TASC. She studied at Princeton University and at the …



Podcasts