Saturday, June 02, 2012

Paul Krugman on Newsnight

A calm, rational and ordered demolition of the government's austerity agenda by Paul Krugman on Newsnight, as he gives backbench Tory MP Andrea Leadsom a brief tutorial on economics.
"This is like medieval doctors, who thought you could treat a sick patient by bleeding and the patient, of course, got sicker, so they said - let's bleed even more"

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