Last week I spoke with Manuela Saragosa of the BBC World Service about the price of austerity. We discussed the human cost of the various cuts and burdens placed on economies – what has been inflicted and whether it has actually worked. And if it hasn’t, what was the point of the pain?

It was a very interesting discussion; we were also joined by Yiorgos Mylonadis of the London Business School and Anders Aslund from the Petersen Institute in Washington DC. Have a listen here.


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