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Lucia Kuadded this to Interesting Reads
Austerity has been an utter disaster for the eurozone

Austerity has been an utter disaster for the eurozone

The Guardian - Joseph Stiglitz

All of the suffering in Europe – inflicted in the service of a man-made artifice, the euro – is even more tragic for being unnecessary, writes Joseph Stiglitz “If the facts don’t fit the theory, change the theory,” goes the old adage. But too often it is easier to keep the theory and change the facts …

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