Tag Archives: mark blyth

Geoff Crocker

Book Review: Austerity: the history of a dangerous idea

By Geoff Crocker | Sun 2nd June 2013 - 1:34 pm

Mark Blyth delivers a masterful, blistering, devastating, and totally convincing critique of austerity in his book Austerity: the history of a dangerous idea. It’s impossible to read this book and still believe that austerity is the right policy. Blyth writes engaging, powerful economic history of economies applying austerity, including the US, UK, Sweden, Germany, Japan and France in the 1920s and 1930s, Denmark and Ireland in the 1980s, and the Baltic states in 2008, demonstrating in each case that austerity does not work. It does not generate growth or reduce debt. He shows that the current hot spot crises …

Continue reading »
Posted in Op-eds | Also tagged | 45 Comments
Advert

Recent Comments

  • nigel hunter
    We cannot fund the needs of the people and country if we are a low tax party....
  • Jonathan Calder
    Do we want to be a low-tax party? It seems the leadership wants to fight the next election on that basis, but I detect no great enthusiasm for the idea among th...
  • Nick Baird
    @Alex @Rees - I was referring to the quoted surveys by VPZ and E-Cigarette Direct, who have a vested interest in selling vapes and are effectively claiming that...
  • Rees Southern
    Hi Nick, as Alex points out, ASH is not a vested interest. Nor are the other organisations mentioned in my article, including the Royal College of Physicians, C...
  • Matt (Bristol)
    I dont think lib dems should be a low tax or high tax party. I would like them (Or someone else) to be a subsidiarist, consensualist party, whereby levels of ta...