Austerity in Action - Greece

[Rajiv]

Re: Austerity in Action - Greece

If i ever go for a PhD, my doctoral thesis will be on the massive gap left in the study of economists by not factoring in oil & raw material depletion in the time of peak cheap oil/copper/water/phosporus, etc.

See Question Everything
When what is happening in your world doesn't make sense, when it doesn't conform to your beliefs about how things should work, it's time to ask hard questions.

[quigleydoor]

Re: Austerity in Action - Greece

See Question Everything
When what is happening in your world doesn't make sense, when it doesn't conform to your beliefs about how things should work, it's time to ask hard questions.

It looks like a very good blog. Thanks for this link.

[ThePythonicCow]

Re: Austerity in Action - Greece

See Question Everything

Yes, as quigleydoor noted, awesome blog. It's author, George Mobus, got his PhD in Computer Science just up the road from me, at Univ. of North Texas (UNT). That is the same place where I was enrolled in the Economics school for about two weeks. It has gotten me to thinking about returning to UNT in Computer Science (an area for which my background and degrees are far better suited than economics.) There is a tiny, tiny chance, Rajiv, that your link may have had a bigger impact on at least one other person's life than you could have expected. Thanks.

And thanks to quigleydoor as well. Were it not for his follow-up post, I would not have noticed your Question Everything link.

[Kcim67]

Re: Austerity in Action - Greece

Yes, you are correct. I was reading one of Koo's articles and his name popped into my head when I read this report. It is kind of sad that we are still having the austerity/stimulus debate when he have historical as well as live examples in front of us (Ireland being another austerity case study).



Wasn't Hudson advising the Latvian government? Not sure why he would be invited to advise them and then his advice not heeded at all.

Governments don't run countries large financial and corporations do, governments are the smokescreen of democracy!!!!