7 February 2015
A fascinating book studies the respective roles of the state and private enterprise in innovation. It challenges the false image that businesses are an innovative force while the state is not, and shows the opposite is closer to the truth.
This book from a professor of international political economy recounts the intellectual and practical history of austerity and judges it a dangerous disaster. The author shows that austerity does not work as advertised. It does not reduce debt and does not promote growth; instead budgets are cut, economies shrink.