tag:blogger.com,1999:blog-8817171247555815363.post7597130362084425986..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 6/2/2013: Irish Manufacturing PMI - January 2013TrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8817171247555815363.post-45898208802562869312013-02-06T16:37:13.559+00:002013-02-06T16:37:13.559+00:00I disagree. I do not see how this article in any w...I disagree. I do not see how this article in any way proves the thesis postulated in the headline. A) The article contains no evidence of austerity, B) Clearly, the author doesn't think that composition of austerity matters in terms of growth impacts (strange enough worldview), C) The article fails to relate the impact of borrowing costs (function of NOT carrying out proper 'austerity') on economy with a massive debt/GDP ratio. D) Postulating that 'austerity is killing Italy' is useless in so far is it offers no comparative to the 'first-best' of 'no austerity'.<br /><br />So disagree with the thesis of the article.TrueEconomicshttps://www.blogger.com/profile/07350536454228478974noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-1838604579413682782013-02-06T16:37:12.103+00:002013-02-06T16:37:12.103+00:00I disagree. I do not see how this article in any w...I disagree. I do not see how this article in any way proves the thesis postulated in the headline. A) The article contains no evidence of austerity, B) Clearly, the author doesn't think that composition of austerity matters in terms of growth impacts (strange enough worldview), C) The article fails to relate the impact of borrowing costs (function of NOT carrying out proper 'austerity') on economy with a massive debt/GDP ratio. D) Postulating that 'austerity is killing Italy' is useless in so far is it offers no comparative to the 'first-best' of 'no austerity'.<br /><br />So disagree with the thesis of the article.TrueEconomicshttps://www.blogger.com/profile/07350536454228478974noreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-25883354493757203762013-02-06T14:52:28.296+00:002013-02-06T14:52:28.296+00:00Austerity in Italy - how to kill an economy:
htt...<b>Austerity in Italy - how to kill an economy:</b><br /><br />http://www.mindfulmoney.co.uk/wp/shaun-richards/with-employment-falling-so-fast-how-can-italys-economy-recover/Anonymousnoreply@blogger.com