The lights are going out in Europe … literally

Financial problems have caused Spain to cut electricity to road lights on its highways.

In Greece, parents are giving up children they say they cannot afford to feed.  What is happening to Europe?

How can political leaders in good conscience still call fo rmore austerity? 

I think we will have to brace for worse things to come.  Leaders who have spent so many years now pursuing wrong-headed policies will not easily admit their errors and change.  Martin Wolf said it well two weeks ago: now I can understand how in the 1930s world leaders created the Great Depression.

About jackgoldstone

Hazel Professor of Public Policy at George Mason University
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