Is Austerity Failing?

Paul Krugman doesn’t tell the whole story when he points at Greece to argue against spending cuts.

Long Road Ahead for Spain

Spain is the last major economy of Europe still mired in recession as its government remained committed to socialist doctrine throughout 2009. Massive deficit spending has only worsened the country’s predicament however, forcing Prime Minister José Luis Rodríguez Zapatero to finally start reining in Spain’s mounting debt. Last month, Professor Niall Ferguson of Harvard University […]