jump to navigation

Austerity is bad for us November 28, 2011

Posted by proeconomia in Main, On the crisis, Opinion.
trackback

The first of a two-part series on an interesting topic: austerity is bad for us! From James Livingston, professor of history at Rutgers, and are excerpts from his new book (I like the title) “Against Thrift: Why Consumer Culture is Good for the Economy, the Environment, and Your Soul”. The arguments are for a pro-demand driven economy and could be considered Keynesian but the author talks about the demand from private consumers not the government. Its worth your time reading it.

Advertisements

Comments»

1. Austerity is bad for us, part II « Proeconomia - November 29, 2011

[…] is the continuation of our earlier repost, on why austerity may be bad. By James Livingston, professor of history at Rutgers. The source is […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: