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Re:Economics Has a Math Problem by igravious on Wednesday September 02, 2015 @05:05AM (#10158136)
2008? That's a coincidental year. Around about the time of the last crisis and the beginning of austerity politics. The worst economic period since the Great Depression arguably. The rich getting ever richer. Real wages for most people stagnating or falling. Massive unemployment and under-employment. Quantitative Easing not creating real jobs and fixing infrastructure. Low interest rates (still!) Multinational corporations with so much money through tax evasion schemes that they literally don't know what to spend it on. The ongoing privatisation of public services which rarely if ever benefits the public. Essentially, ongoing class warfare and levels of inequality not seen in practically a century. Regulatory and political capture and political collusion. Trade agreements on the horizon being negotiated in secret that would exacerbate every issue already mentioned.

And you say Krugman has wandered off reservation? Rubbish. He's got to keep banging the same drum because nothing's getting fixed.

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