Perhaps you read the good news about the eurozone – the recession is over and recovery on the way. Because it comes unexpectedly, I suggest a closer inspection of this brave new recovery than the credulous enthusiasm we find in the mainstream media (with the exception of the notable and laudable article by Martin Kettle, The Guardian, 14 August 2013). The main substantive claim we find in the media is the end of recession, or, as one headline had it, “Eurozone hauled out of 18-month recession by Germany and France” (again, The Guardian, 15 August 2013). This headline requires important corrections. First, there is ... (full story)