Thiago Carvalho on Nostr: 'There can’t be many voters, let alone economists, who don’t see this as madness. ...
'There can’t be many voters, let alone economists, who don’t see this as madness. George Osborne sold austerity to the nation in 2010 with a bad yet persuasive metaphor, filched from Margaret Thatcher, comparing the state to a household: it can’t go on spending more than it makes for ever and ever; eventually debts are called in. Back then, the obvious riposte – that the state isn’t a household and shouldn’t be run like one – won over only a few. But no one still thinks the state is like a household now.'
https://www.lrb.co.uk/blog/2024/september/executive-actionPublished at
2024-09-07 11:16:21Event JSON
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