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16 May, 2013

‘Recessions can hurt, but austerity kills’ | The Guardian

The austerity programmes administered by western governments in the wake of the 2008 global financial crisis were, of course, intended as a remedy, a tough but necessary course of treatment to relieve the symptoms of debts and deficits and to cure recession. But if, David Stuckler says, austerity had been run like a clinical trial, “It would have been discontinued. The evidence of its deadly side-effects – of the profound effects of economic choices on health – is overwhelming.”

Read the rest: ‘Recessions can hurt, but austerity kills’ | Politics | The Guardian.