Paul Krugman in The New York Times on elections in austere Italy The exit polls from Italy's elections are predicting a victory for Pier Luigi Bersani and his center-left Common Good party, and that result largely reflects how Italians feel about austerity, argues Paul Krugman. "When Europe began its infatuation with austerity, top officials dismissed concerns that slashing spending and raising taxes in depressed economies might deepen their depressions," he writes. "On the contrary, they insisted, such policies would actually boost economies by inspiring confidence. But the confidence fairy was a no-show." At least they didn't welcome back Berlusconi, who "would destabilize not just Italy but Europe as a whole."
Mathew Ingram in paidContent on Google re-upping a nasty NASCAR video A group of NASCAR spectators were injured over the weekend by flying debris from a nasty crash. Of course it was all caught on camera, and you better believe someone uploaded the gruesome footage to Youtube. NASCAR tried to have the footage taken down, but Google defended attendees' right to post personal videos of the incident on Youtube. And they did the right thing, argues Mathew Ingram. Because even if the footage is upsetting, NASCAR shouldn't be able to censor first-hand accounts of the accident by invoking copyright. "The fact that Google acted quickly to put the content back up is admirable, but it shouldn’t have to do this, and there are no doubt many other important cases in which it hasn’t that don’t involve something as attention-getting as a race-car crash.