![German Chancellor Angela Merkel](https://www.thenation.com/wp-content/uploads/2015/07/Merkel_2015_rtr_img.jpg)
Austerity Has Failed: An Open Letter From Thomas Piketty to Angela Merkel Austerity Has Failed: An Open Letter From Thomas Piketty to Angela Merkel
Five leading economists warn the German chancellor, “History will remember you for your actions this week.”
Jul 7, 2015 / Thomas Piketty, Jeffrey D. Sachs, Heiner Flassbeck, Dani Rodrik, and Simon Wren-Lewis