Paul Eccles Blog

How Economists Invented Austerity and Paved the Way to Fascism This is a new book by Clara Mattei, in it she looks at the origins and logic of austerity, which starts with World War 1 and the period just after that. World War 1 was in many ways a war against the coming global revolution […]

40 years ago China was actually more impoverished and less developed than Africa. The levels of poverty and extreme poverty were at about 60-70%. Today they don’t have anybody in poverty. What they have achieved is remarkable, and they showed that it can be done. Africa (and I know it’s not a country lol) needs […]