The Alternative to Austerity
An interesting piece by Tim Bending on the New Left Project, about an alternative to austerity plans.
It’s based around the idea of using the tax system to provide a fiscal stimulus, redistributing money from the rich (who save more) to the poor (who spend more).
That’s selling it a bit short, as there’s plenty more in there and it’s all worth reading. Nothing like a bit of economics in the evening.
(via Instapaper)