Tag Archives: mark blyth

Book Review: Austerity: the history of a dangerous idea

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 …

Posted in Op-eds | Also tagged | 45 Comments
Advert



Recent Comments

  • John Marriott
    @Mark Vallarades The “Québec libre” quote comes, of course, from President Charles De Gaulle. On a state visit to Canada on the pretext of visiting the Mo...
  • expats
    Every N.I. businessman and trade organisation interviewed by BBC/ITV/CH4/SKY seems happy with the latest EU offer,,An offer made after their negotiator had spen...
  • Alex Macfie
    Marco: Yes, I think you have been watching too many TV series. If tht sort of thing were happening then it would indicate deep-seated problems with our politica...
  • Mark ValladaresMark Valladares
    Good morning, John! Our granddaughter is burbling away with Ros in the kitchen and all is well. Quebec libre? I admit to being of a self-determinist bent,...
  • Joe Bourke
    Peter Martin, I think further rises in the overall tax burden are not on the cards or prudent at present. I would suggest, what is required is a more efficie...