Tag Archives: Austerity

Excessive austerity doesn’t pay, IMF economists show

by Olaf Storbeck on 23/08/2012

It is probably one of the most important trips in Greece’s modern history. On …

Filed under Economic Policy, Financial Crisis

Tagged as Antonis Samaras, Austerity, bailout, Euro, Euro crisis, Greece, growth, International Monetary Fund, John Maynard Keynes, Spain, tax hikes

Europe's Austerity Pipe Dreams

by Olaf Storbeck on 24/09/2011

Economic history suggests that Europe won’t be able to fulfil its budgetary pledges. A …

Filed under Economic Policy, Financial Crisis

Tagged as Austerity, economic growth, fiscal consolidation, Germany, Greece, Gross domestic product, International Monetary Fund, Italy, Nicolas Sarkozy, spending cuts, United States

The Economics of Riots

by Olaf Storbeck on 11/08/2011

Burning car in Manchester (photo by Richard Hopkins, via Wikipedia)
Ken Livingstone, the former mayor …

Filed under General Economics

Tagged as Austerity, David Cameron, instability, Ken Livingstone, London, Mervyn King, Rebellion, riots