On The Glenn Show, Mark talks about his new book Austerity: The History of a Dangerous Idea. Mark explains why the austerity craze pisses him off. Glenn asks Mark how to define austerity, which leads to a discussion of who’s really responsible for the national debt and how to talk about government fiscal consolidation. Mark provides a brief intellectual history of the austerity idea. The two end with a discussion of the current sovereign debt crisis in Europe and the failures of austerity policies there.Play entire video
Robert Wright and Mickey Kaus discuss how Kathy Barnette’s surging poll numbers are complicating the Pennsylvania GOP senate primary.