Austerity’s Stupidity

When I was a graduate student in public policy, way back in the 80s, the professor who taught development economics told an anecdote about this brilliant plan to put get a North African country in the black by taxing bread. As he correctly explained, that didn’t go well. So at 24 I already understood how… Continue reading Austerity’s Stupidity

Neoliberalism, the Street, and the Forum (or what the Eurozone could learn from the Greek left)

My Greek Uncle Rathos spent two months living in the dark. In September 2011, in response to pressure from its European creditors, the Greek government imposed a new property tax to be paid via electric utility bills.[1] A construction contractor hit hard by the financial crisis, my uncle couldn’t make those tax payments and so… Continue reading Neoliberalism, the Street, and the Forum (or what the Eurozone could learn from the Greek left)