Words&Dirt

“The difference between ignorant and educated people is that the latter know more facts. But that has nothing to do with whether they are stupid or intelligent. The difference between stupid and intelligent people––and this is true whether or not they are well-educated––is that intelligent people can handle subtlety. They are not baffled by ambiguous [...]

Since well before the 2008 financial crisis, the practice of economic austerity has beleaguered American and European politics. Praised by the right as a panacea of renewed financial responsibility, and decried by the left as a mechanism for dismantling the West’s already struggling middle classes, austerity signifies a critical juncture where battered economies face radically [...]