Professor Mark Blyth, author of Austerity: The History of a Dangerous Idea explains the three main reasons austerity is a problem, the history  of austerity, why the United States is in a stuttering recovery and the Europeans have created self created depression by practicing austerity, why growth is the answer to debt and why austerity is such a dangerous and resilient idea.

And keep the conversation going on our morning thread

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