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
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  • Paul Holmes
    I can though very much agree with what you say about Clegg. But of course he, Laws, Alexander etc were very much classic Economic Liberals favouring lower taxe...
  • Paul Holmes
    Mick, ref rewriting history, I certainly have different historical memories to you! On LD Voice we often hear misty eyed memories of the great days of the po...
  • Nick Baird
    Obviously getting people into work is a good thing, but the problem with Milburn's disability proposal is it assumes there are significant numbers of disabled u...
  • Peter Chambers
    I quite agree with Caron. My son obtained a Statement for special educational needs. He was put on a queue, but never had quite enough points to be given a slot...
  • Jans
    Speaking from my personal experience (Scotland), I think we need to be saying something about reforming the way the Children’s Panel system currently operates...