Have the austerians won the day, or will the pragmatists prevail?

``it beggars belief that six years after the financial crisis, economists are still bickering over "stimulus versus austerity". Some take Britain, which suffered its longest and deepest recorded recession, as evidence that austerity doesn't work; others, now the economy is spluttering back to life, that it does. The reality is that sometimes it's appropriate, sometimes it's not. It depends on the circumstances, and your room for manoeuvre.''