Austerity may be painful, but it is unavoidable since undergoing such emetic periods is the essence of capitalism's process of investment and discovery
Paul Krugman saw trouble in the decade of recession and unemployment necessitated by the convergence criteria of the Maastricht Treaty of 1992, the precondition for adoption of the euro
the economy of the mid-1970s seemed to trade in inflation with unemployment in a phenomenon called "stagflation", where wages/prices (inflation)and unemployment rose together
in an apparent contradiction of the Phillips curve, which many by this point took as the sine qua non of Keynesianism
[...] More generally, code as expression and code as action never coincide fully. In terms of the software ontology explored here, code, the material that lies at the core of software, is unstable because it is both expression and action, neither of which are materially nor socially stable. In sayi…
