Monday, May 7, 2012

What's that Definition of Insanity Again?, cont.

Add New York Times columnist and Nobel Prize-winning economist Paul Krugman to the same list headed by Robert Reich.

Krugman"s take on the French and Greek election returns:
"It’s far from clear how soon the votes will lead to changes in actual policy, but time is clearly running out for the strategy of recovery through austerity — and that’s a good thing."
Extravagance, not austerity, is what got us into this mess and his prescription is to double down on extravagance.


No comments:

Post a Comment