Paul Krugman Reviews Three Books About Economic Policy

The New York Review Of Books gave Paul Krugman a platform to review three books on economic policy.  He took the opportunity to describe how the case for expansionary austerity was made in the Western world.  He then showed how the research supporting expansionary austerity crumbled upon analysis.  Lastly, he describes the morality story that has made austerity so appealing to the public and to policy makers.  He does a good job of pulling all of the pieces of this story together as it has unwound over the last five years.