The gaping abyss of neoliberal "reform" | 82 comments (80 topical, 2 editorial, 0 hidden)

Re: Austerity World Tout (none / 0)

It's also "common sense" for more ordinary people than I want to fathom.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Carrie (migeru at eurotrib dot com) on Tue Jan 10th, 2012 at 01:02:49 PM EST
[ Parent ]

Re: Austerity World Tout (none / 0)

In this situation "common sense" is shorthand for "how the hell did we get in this mess?"

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Tue Jan 10th, 2012 at 01:06:00 PM EST
[ Parent ]

Re: Austerity World Tout (4.00 / 2)

No, no, it's shorthand for "money is a thing", "the government is like a household", "savings create investment", and so on.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Carrie (migeru at eurotrib dot com) on Tue Jan 10th, 2012 at 01:07:39 PM EST
[ Parent ]

The gaping abyss of neoliberal "reform" | 82 comments (80 topical, 2 editorial, 0 hidden)

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