http://thenextrecession.wordpress.com/2012/07/03/a-manifesto-for-socialist-sense/
On the day that Bob Diamond, head of Barclays Bank, resigned over the Libor fixing scandal, I received a request from the eminent economics professors Paul Krugman and Lord Richard Layard. They want economists to sign up to their A Manifesto for Economic Sense. The good professors are really concerned that nothing is being done to stop the ruling governments in the mature capitalist world from advocating and imposing policies of austerity that are destroying growth and driving up unemployment to 1930s levels. After reading it, I thought I would suggest some small amendments to this worthy Manifesto. My amendments may not be perfect, but I think they are worth considering.
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