Articles
Austerity Strikes Back: Budget Hawks Regroup After the Reinhart/Rogoff Affair
After the Reinhoff/Rogoff paper was found to be filled with flaws, austerity supporters have responded with a "keep calm and carry on" demeanor, argued that the...
Why the Argument for Austerity Took a Big Hit Yesterday
New evidence has emerged questioning the theory that countries with higher debt levels tend to grow more slowly than those with little debt.
Workers Protest to Get E.U. Leaders to End Austerity
(BRUSSELS) — Some 10,000 workers from across the European Union protested outside a summit of EU leaders Thursday, demanding they end years of austerity and...
Portuguese Prime Minister’s Personal Tax Number Leaked by Anti-Austerity Group
Thousands of fake bills bearing Pedro Passos Coelho’s personal tax number are pouring into revenue offices — and could prompt an investigation of the Prime...
Greek Journalists Strike to Protest Austerity
(ATHENS, Greece) — Greek journalists have walked off the job for 24 hours to protest austerity measures and income cuts, pulling radio and television news...
Photo Essays
LIFE in Postwar St. Moritz: Cold Comfort for High Rollers
Maybe it’s because LIFE magazine covered the Second World War so extensively, with dozens of photographers and correspondents logging tens of thousands of miles,...
Elizabeth and Philip: Photos From the Royal Wedding, 1947
Queen Elizabeth II has been on the throne for so long (60 years) and of course has been in the public eye for even longer (she’s 86 years old) that it can be a...
Articles from Around the Web
IMF says Britain' a long way' from recovery
Report calls for government to boost infrastructure spending in order to accelerate growth and offset austerity. ...
Fresh Israeli Face Plays Down Political Decline
Yair Lapid, the popular television host whose political rise has been undercut by the austerity budget he presented as finance minister, is trying to take the long view. ...
Thousands protest against austerity in Italy
Labour unions urge new Prime Minister Enrico Letta to focus on job growth instead of further spending cuts. ...
Why I'm Fed Up With Austerity: EU's Olli Rehn
The European Union's top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity. ...
