Austerity

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Austerity

Author : Alberto Alesina,Carlo Favero,Francesco Giavazzi
Publisher : Princeton University Press
Page : 290 pages
File Size : 47,7 Mb
Release : 2020-12
Category : Business & Economics
ISBN : 9780691208633

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Austerity by Alberto Alesina,Carlo Favero,Francesco Giavazzi Pdf

A revealing look at austerity measures that succeed—and those that don't Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.

Austerity

Author : Mark Blyth
Publisher : Oxford University Press
Page : 305 pages
File Size : 42,5 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780199389445

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Austerity by Mark Blyth Pdf

Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.

Poverty and Austerity amid Prosperity

Author : Gregg M. Olsen
Publisher : University of Toronto Press
Page : 305 pages
File Size : 43,6 Mb
Release : 2021
Category : Electronic books
ISBN : 9781487509859

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Poverty and Austerity amid Prosperity by Gregg M. Olsen Pdf

"In wealthy nations such as Canada, the United Kingdom, and the United States, issues of poverty and homelessness have often been displaced or sidelined by the accelerating number of studies on income inequality and wealth disparity. In Poverty and Austerity amid Prosperity, Gregg M. Olsen refocuses our attention on rising levels of poverty and homelessness, suggesting what we can do to address these issues. Highlighting the important differences between Canada, the UK, and the US, this volume explores the broad and narrow ways that poverty and homelessness have been conceptualized, and how this has shaped the way they are defined, measured, and addressed in each country. After a careful examination of poverty in these three countries, the volume draws comparisons with European nations that have been more successful in keeping issues relating to poverty under control. Olsen presents and critically contrasts the two main theoretical traditions, individual versus society, that have emerged to explain poverty and homelessness. Olsen argues that societal approaches to the study of poverty are better equipped to explain the developments unfolding across these nations, and that the eradication of poverty will only happen when the socio-economic system has been seriously overhauled and founded upon economic democracy."--

Austerity

Author : Florian Schui
Publisher : Yale University Press
Page : 228 pages
File Size : 42,9 Mb
Release : 2014-03-25
Category : History
ISBN : 9780300203936

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Austerity by Florian Schui Pdf

The author examines the history of austerity efforts in order to access the possibility of success today.

The Austerity State

Author : Stephen McBride,Bryan M. Evans
Publisher : University of Toronto Press
Page : 348 pages
File Size : 45,6 Mb
Release : 2017-01-01
Category : Political Science
ISBN : 9781487521950

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The Austerity State by Stephen McBride,Bryan M. Evans Pdf

"This volume focuses on the state's role in managing the fall-out from the global economic and financial crisis since 2008. For a brief moment, roughly from 2008-2010, governments and central banks appeared to borrow from Keynes to save the global economy. The contributors, however, take the view that to see those stimulus measures as "Keynesian" is a misinterpretation. Rather, neoliberalism demonstrated considerable resiliency despite its responsibility for the deep and prolonged crisis. The "austerian" analysis of the crisis is--historical, ignores its deeper roots, and rests upon a triumph of discourse involving blame-shifting from the under-regulated private sector to public or sovereign debt--for which the public authorities are responsible."--

Austerity

Author : Yanis Varoufakis
Publisher : Random House
Page : 144 pages
File Size : 55,5 Mb
Release : 2018-04-05
Category : Business & Economics
ISBN : 9781473556119

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Austerity by Yanis Varoufakis Pdf

VINTAGE MINIS: GREAT MINDS. BIG IDEAS. LITTLE BOOKS. How do we choose between what is fair and just, and what our debtors demand of us? Yanis Varoufakis was put in such a dilemma in 2015 when he became the finance minister of Greece. In this rousing book, he charts the absurdities that underpin calls for austerity, as well as his own battles with a bureaucracy bent on ignoring the human cost of its every action. Passionately outspoken and tuned to the voices of the oppressed, Varoufakis presents a guide to modern economics, and its threat to democracy, like no other. Selected from the books And the Weak Suffer What They Must? and Adults in the Room

The Violence of Austerity

Author : Vickie Cooper,David Whyte
Publisher : Unknown
Page : 256 pages
File Size : 40,9 Mb
Release : 2017-05-20
Category : Electronic
ISBN : 0745337465

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The Violence of Austerity by Vickie Cooper,David Whyte Pdf

Austerity, a response to the aftermath of the financial crisis, continues to devastate contemporary Britain.In The Violence of Austerity, Vickie Cooper and David Whyte bring together the voices of campaigners and academics including Danny Dorling, Mary O'Hara and Rizwaan Sabir to show that rather than stimulating economic growth, austerity policies have led to a dismantling of the social systems that operated as a buffer against economic hardship, exposing austerity to be a form of systematic violence.Covering a range of famous cases of institutional violence in Britain, the book argues that police attacks on the homeless, violent evictions in the rented sector, the risks faced by people on workfare schemes, community violence in Northern Ireland and cuts to the regulation of social protection, are all being driven by reductions in public sector funding. The result is a shocking expos� of the myriad ways in which austerity policies harm people in Britain.

Euro-Austerity and Welfare States

Author : H. Tolga Bolukbasi
Publisher : University of Toronto Press
Page : 288 pages
File Size : 51,7 Mb
Release : 2021
Category : Business & Economics
ISBN : 9781487507763

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Euro-Austerity and Welfare States by H. Tolga Bolukbasi Pdf

Weighing in on the euro-austerity debate, this book uses case studies from three countries to evaluate the distinctive politics of fiscal policy and welfare state reform during a key period in Europe.

Politics in the Age of Austerity

Author : Wolfgang Streeck,Armin Schäfer
Publisher : John Wiley & Sons
Page : 240 pages
File Size : 55,9 Mb
Release : 2013-05-09
Category : Political Science
ISBN : 9780745670089

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Politics in the Age of Austerity by Wolfgang Streeck,Armin Schäfer Pdf

In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated. Many mature democracies are approaching this situation as they confront fiscal crisis. For almost three decades, OECD countries have - in fits and starts - run deficits and accumulated debt. As a result, an ever smaller part of government revenue is available today for discretionary spending and social investment and whichever party comes into office will find its hands tied by past decisions. The current financial and fiscal crisis has exacerbated the long-term shrinking government discretion; projects for political change have lost credibility. Many citizens are aware of this situation: they turn away from party politics and stay at home on Election Day. With contributions from leading scholars in the forefront of sociology, politics and economics, this timely book will be of great interest to students and scholars throughout the social sciences as well as general readers.

Austerity

Author : Bryan M. Evans,Stephen McBride
Publisher : University of Toronto Press
Page : 369 pages
File Size : 47,6 Mb
Release : 2017-01-01
Category : Business & Economics
ISBN : 9781487522032

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Austerity by Bryan M. Evans,Stephen McBride Pdf

Bryan M. Evans, Stephen McBride, and their contributors delve further into the more practical, ground-level side of the austerity equation in Austerity: The Lived Experience. Economically, austerity policies cannot be seen to work in the way elite interests claim that they do. Rather than soften the blow of the economic and financial crisis of 2008 for ordinary citizens, policies of austerity slow growth and lead to increased inequality. While political consent for such policies may have been achieved, it was reached amidst significant levels of disaffection and strong opposition to the extremes of austerity. The authors build their analysis in three sections, looking alternatively at theoretical and ideological dimensions of the lived experience of austerity; how austerity plays out in various public sector occupations and policy domains; and the class dimensions of austerity. The result is a ground-breaking contribution to the study of austerity politics and policies.

Angrynomics

Author : Mark Blyth
Publisher : Unknown
Page : 192 pages
File Size : 44,9 Mb
Release : 2020-05-31
Category : Electronic
ISBN : 1788212797

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Angrynomics by Mark Blyth Pdf

The disconnect between our experience of the world and the economic model used to explain it has given rise to angrynomics. In a powerful and passionately argued analysis, Eric Lonergan and Mark Blyth offer a set of radical and innovative policies that might just help the world to be a less angry place.

Austerity Ecology & the Collapse-Porn Addicts

Author : Leigh Phillips
Publisher : John Hunt Publishing
Page : 267 pages
File Size : 53,5 Mb
Release : 2015-10-30
Category : Science
ISBN : 9781782799610

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Austerity Ecology & the Collapse-Porn Addicts by Leigh Phillips Pdf

Economic growth, progress, industry and, erm, stuff have all come in for a sharp kicking from the green left and beyond in recent years. Everyone from black-hoodied Starbucks window-smashers to farmers' market heirloom-tomato-mongers to Prince Charles himself seem to be embracing 'degrowth' and anti-consumerism, which is nothing less than a form of ecological austerity. Meanwhile, the back-to-the-land ideology and aesthetic of locally-woven organic carrot-pants, pathogen-encrusted compost toilets and civilisational collapse is hegemonic. Yet modernity is not the cause of climate change and the wider biocrisis. It is indeed capitalism that is the source of our environmental woes, but capitalism as a mode of production, not the fuzzy understanding of capitalism of Naomi Klein, Bill McKibben, Derrick Jensen, Paul Kingsnorth and their anarcho-liberal epigones as a sort of globalist corporate malfeasance. In combative and puckish style, science journalist Leigh Phillips marshals evidence from climate science, ecology, paleoanthropology, agronomy, microbiology, psychology, history, the philosophy of mathematics, and heterodox economics to argue that progressives must rediscover their historic, Promethean ambitions and counter this reactionary neo-Malthusian ideology that not only retards human flourishing, but won't save the planet anyway. We want to take over the machine and run it rationally, not turn the machine off.

Women and Austerity

Author : Maria Karamessini,Jill Rubery
Publisher : Routledge
Page : 368 pages
File Size : 44,5 Mb
Release : 2013-09-11
Category : Business & Economics
ISBN : 9781135073985

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Women and Austerity by Maria Karamessini,Jill Rubery Pdf

Austerity has become the new principle for public policy in Europe and the US as the financial crisis of 2008 has been converted into a public debt crisis. However, current austerity measures risk losing past progress towards gender equality by undermining important employment and social welfare protections and putting gender equality policy onto the back burner. This volume constitutes the first attempt to identify how the economic crisis and the subsequent austerity policies are affecting women in Europe and the US, tracing the consequences for gender equality in employment and welfare systems in nine case studies from countries facing the most severe adjustment problems. The contributions adopt a common framework to analyse women in recession, which takes into account changes in women’s position and current austerity conditions. The findings demonstrate that in the immediate aftermath of the financial crisis, employment gaps between women and men declined — but due only to a deterioration in men’s employment position rather than any improvements for women. Tables are set to be turned by the austerity policies which are already having a more negative impact on demand for female labour and on access to services which support working mothers. Women are nevertheless reinforcing their commitment to paid work, even at this time of increasing demands on their unpaid domestic labour. Future prospects are bleak. Current policy is reinforcing the same failed mechanisms that caused the crisis in the first place and is stalling or even reversing the long term growth in social investment in support for care. This book makes the case for gender equality to be placed at the centre of any progressive plan for a route out of the crisis.

Resisting Austerity

Author : Cristina Flesher Fominaya,Graeme Hayes
Publisher : Routledge
Page : 369 pages
File Size : 44,6 Mb
Release : 2019-10-23
Category : Social Science
ISBN : 9781351346641

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Resisting Austerity by Cristina Flesher Fominaya,Graeme Hayes Pdf

Following the subprime lending crisis and the financial market crash of 2008-9, governments throughout Europe implemented a series of debt reduction measures collectively known as austerity. Across the continent, citizens and social movements mobilized dramatically against these measures, calling strikes, occupying public squares, and developing new forms of political action. These movements challenged the political and economic elite consensus that there was no alternative to cutting spending, and protecting the financial industry at the expense of the public sector; they also challenged the political systems that gave rise to these measures and assumptions, demanding democratic renewal, and imagining new modes of citizenship and political participation. In order to better understand this wave of protest – its common themes, its local contexts, its ideas and its actions – this collection brings together leading scholars in the field to provide a series of theoretically grounded, empirically rich analyses of Europe's anti-austerity mobilizations. This book was originally published as a special issue of Social Movement Studies.

Living Under Austerity

Author : Evdoxios Doxiadis,Aimee Placas
Publisher : Berghahn Books
Page : 374 pages
File Size : 50,5 Mb
Release : 2018-07-20
Category : Social Science
ISBN : 9781785339349

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Living Under Austerity by Evdoxios Doxiadis,Aimee Placas Pdf

Since its sovereign debt crisis in 2009, Greece has been living under austerity, with no apparent end in sight. This volume explores the effects of policies pursued by the Greek state since then (under the direction of the Troika), and how Greek society has responded. In addition to charting the actual effects of the Greek crisis on politics, health care, education, media, and other areas, the book both examines and challenges the “crisis” era as the context for changing attitudes and developments within Greek society.