This is an interesting little spat happening out in the econobloggingsphere, a shouting match about whether there's been austerity or not. It started with Matt Yglesias, then Angus had a go at him and ...

In a recent column, economist Paul Krugman explained how the United States has entered a new era of austerity as evidenced by the Senate’s failure to pass a bill that would have sent more money to the ...

An austere individual would be someone who lives within their budget: that is, who spends less than their annual income. Anyone who has lived through a round of cost-cutting at a company knows it ...

Sarah Macmillan does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...