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3
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Economics
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The invention of austerity
Dramatic economic inflations have punctuated twentieth-century political history. Is austerity a class strategy?

Into the muck
Time? For? Socialism? What happened when Thomas Piketty descended from the elegant mathematical Olympus of economic theory into the muck of political and economic crises, public debates, social confrontations, and competing visions of progress?

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No one would have understood both the sentiment and the absurdity more keenly than Marx himself, whose face has adorned real currencies in more countries than anyone else’s, with the possible exception of Elizabeth II.