NEWS
3/6/12 8:11pm
Guest speaker condemns economic policies prevalent throughout Europe
David Blanchflower, professor of economics at Dartmouth College, explored the issue of economic austerity, a policy reducing government spending, in Europe, and presented alterior methods to address deficit. He criticized the current economic policies prevalent in Europe in which reduced government spending is often used to pay off national debts and in turn, reduce the deficit, but generally leads to an increase in tax rates or a decrease in the supply of public services. The event was co-sponsored by Sigma Phi Epsilon.