Rational Thinking Is An Important Aspect Of

The Best Way To Boost The Economy Is To Redistribute Wealth Downward, As Poorer People Tend To Spend A Higher Proportion Of Their Income.

It's Not Just About The Current Economic Environment. History Shows That Slashing Budgets Always Leads To Recession.

Above A Certain Level Of Income, The Relative Value Of Material Consumption Vis-a-vis Leisure Time Is Diminished, So Earning A Higher Income At The Cost Of Working Longer Hours May Reduce The Quality Of Your Life. More Importantly, The Fact That The Citizens Of A Country Work Longer Than Others In Comparable Countries Does Not Necessarily Mean That They Like Working Longer Hours. They May Be Compelled To Work Long Hours, Even If They Actually Want To Take Longer Holidays.

Democracy Is Acceptable To Neo-liberals Only In So Far As It Does Not Contradict The Free Market.

The Danger Is Not Only That These Austerity Measures Are Killing The European Economies But Also That They Threaten The Very Legitimacy Of European Democracies - Not Just Directly By Threatening The Livelihoods Of So Many People And Pushing The Economy Into A Downward Spiral, But Also Indirectly By Undermining The Legitimacy Of The Political System Through This Backdoor Rewriting Of The Social Contract.