The wizards of austerity
How did austerity conquer the world?
Prospect Blog
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Can they fix Italy?
Berlusconi might have other ideas -
Austerity’s not for turning
George Osborne and other austerians refuse to back down -
The genius of Merkel
Germans love her, Europe loathes her. Why? -
Blind in Brussels
France's EU problem -
How to leave the euro
For a country to leave the currency, it would first have to suspend democracy -
Misplaced faith
It's time to let austerity go out of style -
Spend, spend, spend
The standard analysis of the outlook for the UK economy over the next few years incorporates a view that growth will disappoint, in part, because consumer spending will be weak. Consumers will retrench, so the argument goes, because they have taken on too much debt in the past and are... -
Ed should pledge to scrap “middle class benefits”
The current issue of Prospect reviews the taboos in British politics today—those orthodoxies which politicians are loathe to challenge because they think it will lose them elections. At the top of the list is threatening to touch universal benefits, like the winter fuel allowance, and pensioners’ free TV licences and... -
Debt is good
Debt is bad. We all know it. It brought on the financial crisis. Our governments need austerity. We need to stop living beyond our means. “Neither a borrower nor a lender be.” Sebastian Mallaby suggests in today’s FT that Mitt Romney should come out against debt and bring American capitalism...
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