Must-Read: Paul Krugman: Stop-Go Austerity and Self-Defeating Recoveries: “Britain’s election results… were consistent with the general proposition that elections hinge… …on whether things are improving in the six months or so before the vote. Cameron and company imposed austerity for a couple of years, then paused… the economy picked up… [and so gave] them a … Continue reading Must-Read: Paul Krugman: Stop-Go Austerity and Self-Defeating Recoveries