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Austerity Delusion: Paul Krugman in The Guardian

http://www.theguardian.com/business/ng-interactive/2015/apr/29/the-austerity-delusion
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It is rare, in the history of economic thought, for debates to get resolved this decisively. The austerian ideology that dominated elite discourse five years ago has collapsed, to the point where hardly anyone still believes it. Hardly anyone, that is, except the coalition that still rules Britain – and most of the British media.  
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