A New Age of Destructive Austerity After the Coronavirus
The coronavirus is a once-in-a-lifetime historical crisis, but even under the most unprecedented of lockdown measures, scrolling through the news still produces an occasional shiver of déjà vu. On Monday, George Osborne, the former U.K. chancellor of the Exchequer, made headlines when he suggested his government compensate for pandemic spending by enacting new austerity measures. Since the 2008 recession, when fiscal policies slashed funding worldwide for the very public services that have now... Читать дальше...