Why Austerity Budgets Won't Save Your Economy

Here is a link to my 20th column on Quartz: “Why Austerity Budgets Won’t Save Your Economy.”

The link has the abbreviated title “Austerity is Bad Economic Policy”:


To interpret that abbreviated title, let me claim that austerity plus electronic money is so dramatically different from austerity alone, that it would not be called “austerity."