Portugal Is Cutting its Way Deeper Into Crisis. Could Britain Follow? (New Statesman)
A year ago, writes David “Danny” Blanchflower, the Bruce V. Rauner 1978 Professor of Economics and a former Bank of England policy maker, the UK’s economy was nothing like the troubled economy of Portugal. Now, he observes, with growth and consumer confidence falling in the UK and unemployment and inflation rising, there are some unsettling parallels.