A comment about the age of austerity…..

In light of the following link in relation to internal criticism of the governments austerity policies, I am currently reading a book that is quite prophetic and looks back at history to do so…..

http://www.bbc.co.uk/news/uk-politics-15138606

"Only when the welfare states whose failure they had so sedulously predicted (Friedrich Hayek and Ludwig von Mises) began to run into difficulties did they once again find an audience for their views: high taxation inhibits growth and efficiency, governmental regulation stifled initiative and entrepreneurship, the smaller the state the healthier the society and so forth." Tony Judt – ‘Ill Fares The Land,

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