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Author: Alberto Alesina
Publisher: Princeton University Press
ISBN: 0691208638
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
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.
Author: Alberto Alesina
Publisher: Princeton University Press
ISBN: 0691208638
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
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.
Author: Stephen McBride
Publisher: University of Toronto Press
ISBN: 1487521952
Category : Political Science
Languages : en
Pages : 348
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Book Description
"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."--
Author: Vickie Cooper
Publisher:
ISBN: 9780745337463
Category :
Languages : en
Pages : 256
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Book Description
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.
Author: David Stuckler
Publisher: Basic Books
ISBN: 0465063977
Category : Business & Economics
Languages : en
Pages : 242
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Book Description
Politicians have talked endlessly about the seismic economic and social impacts of the recent financial crisis, but many continue to ignore its disastrous effects on human health—and have even exacerbated them, by adopting harsh austerity measures and cutting key social programs at a time when constituents need them most. The result, as pioneering public health experts David Stuckler and Sanjay Basu reveal in this provocative book, is that many countries have turned their recessions into veritable epidemics, ruining or extinguishing thousands of lives in a misguided attempt to balance budgets and shore up financial markets. Yet sound alternative policies could instead help improve economies and protect public health at the same time. In The Body Economic, Stuckler and Basu mine data from around the globe and throughout history to show how government policy becomes a matter of life and death during financial crises. In a series of historical case studies stretching from 1930s America, to Russia and Indonesia in the 1990s, to present-day Greece, Britain, Spain, and the U.S., Stuckler and Basu reveal that governmental mismanagement of financial strife has resulted in a grim array of human tragedies, from suicides to HIV infections. Yet people can and do stay healthy, and even get healthier, during downturns. During the Great Depression, U.S. deaths actually plummeted, and today Iceland, Norway, and Japan are happier and healthier than ever, proof that public wellbeing need not be sacrificed for fiscal health. Full of shocking and counterintuitive revelations and bold policy recommendations, The Body Economic offers an alternative to austerity—one that will prevent widespread suffering, both now and in the future.
Author: Mark Blyth
Publisher: Oxford University Press
ISBN: 0199389446
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.
Author: Rita Calvário
Publisher: Routledge
ISBN: 1000473023
Category : Nature
Languages : en
Pages : 211
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Book Description
The Political Ecology of Austerity explores the environmental dimension of austerity that has thus far escaped academic, policy, and media attention. Offering a better comprehension of the full socio-environmental impact of austerity measures, the book highlights the importance of considering environmental issues when designing responses to economic crisis in the future. Mobilising detailed case studies from across the world, the volume documents the ways in which austerity impacts global and local ecologies, shapes environmental conflicts and gives rise to new forms and practices of social moblisation and resistance. Bringing together theoretical debates and rigorous case studies, the book proposes ‘the political ecology of austerity’ as an appropriate method of analysis that can inform our understanding of the shift in environmental protection policies and the intensification of growth practices (green or otherwise) that followed the 2008 global economic crisis. The Political Ecology of Austerity discloses austerity to be a globalised set of tools not only for budgetary discipline, but also for socio-environmental discipline that justifies the continuation of capital accumulation at the expense of further global environmental degradation. This book will be of great interest to students and scholars of social and political sciences, environmental studies, urban studies, and political ecology.
Author: Nancy Welch
Publisher: University Press of Colorado
ISBN: 160732444X
Category : Language Arts & Disciplines
Languages : en
Pages : 242
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Book Description
"How neoliberal political economy shapes writing assessments, curricula, teacher agency, program administration, and funding distribution. How neoliberal political economy dictates direction of scholarship, because the economic and political agenda shaping the terms of work, the methods, and the ways of assessing writing also shapes directions of scholarship"--Provided by publisher.
Author: Robert Kuttner
Publisher: Vintage
ISBN: 0307959813
Category : Political Science
Languages : en
Pages : 353
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Book Description
One of our foremost economic thinkers challenges a cherished tenet of today’s financial orthodoxy: that spending less, refusing to forgive debt, and shrinking government—“austerity”—is the solution to a persisting economic crisis like ours or Europe’s, now in its fifth year. Since the collapse of September 2008, the conversation about economic recovery has centered on the question of debt: whether we have too much of it, whose debt to forgive, and how to cut the deficit. These questions dominated the sound bites of the 2012 U.S. presidential election, the fiscal-cliff debates, and the perverse policies of the European Union. Robert Kuttner makes the most powerful argument to date that these are the wrong questions and that austerity is the wrong answer. Blending economics with historical contrasts of effective debt relief and punitive debt enforcement, he makes clear that universal belt-tightening, as a prescription for recession, defies economic logic. And while the public debt gets most of the attention, it is private debts that crashed the economy and are sandbagging the recovery—mortgages, student loans, consumer borrowing to make up for lagging wages, speculative shortfalls incurred by banks. As Kuttner observes, corporations get to use bankruptcy to walk away from debts. Homeowners and small nations don’t. Thus, we need more public borrowing and investment to revive a depressed economy, and more forgiveness and reform of the overhang of past debts. In making his case, Kuttner uncovers the double standards in the politics of debt, from Robinson Crusoe author Daniel Defoe’s campaign for debt forgiveness in the seventeenth century to the two world wars and Bretton Woods. Just as debtors’ prisons once prevented individuals from surmounting their debts and resuming productive life, austerity measures shackle, rather than restore, economic growth—as the weight of past debt crushes the economy’s future potential. Above all, Kuttner shows how austerity serves only the interest of creditors—the very bankers and financial elites whose actions precipitated the collapse. Lucid, authoritative, provocative—a book that will shape the economic conversation and the search for new solutions.
Author: Laura Basu
Publisher:
ISBN: 9781138897304
Category : Financial crises
Languages : en
Pages : 0
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Book Description
Introduction / Laura Basu, Steve Schifferes and Sophie Knowles -- The UK experience. The UK news media and austerity: trends since the global financial crisis / Steve Schifferes and Sophie Knowles -- Media amnesia and the crisis / Laura Basu -- Austerity, the media and the UK public / Mike Berry -- The economic recovery on tv news / Richard Thomas -- The Geddes axe: the press and Britain's first austerity drive / Richard Roberts -- Continental perspectives. Covering the Euro crisis: cleavages and convergence between nations / Heinz-Werner Nienstedt -- Austerity policies in the European press: a divided Europe? / Ángel Arrese -- Safeguarding the status quo: the press and the emergence of a new left in Greece and Spain / Maria Kyriakidou and Iñaki Garcia-Blanco -- Race and class in German media representations of the "Greek crisis" / Yiannis Mylonas -- Journalistic practice and the crisis. Whose economy, whose news? / Aeron Davis -- "Media macro": why the news media ignores economic experts / Simon Wren-Lewis -- Financial journalists, the financial crisis and the "crisis" in journalism / Sophie Knowles -- Reform in retreat: the media, the banks and the attack on Dodd-Frank / Adam Cox -- Social media, social movements and the crisis. Social media and the capitalist crisis / Christian Fuchs -- Narrative mediation of the Occupy Movement: a case study of Stockholm and Latvia / Anne Kaun & Maria Francesca Murru -- Facebook and the new right: how populist politicians use social media to reimagine the news in Finland and the UK / Niko Hatakka -- #thisisacoup: the emergence of an anti-austerity hashtag across Europe's twittersphere / Max Hänska & Stefan Bauchowitz
Author: Bryan M. Evans
Publisher: University of Toronto Press
ISBN: 1487522037
Category : Business & Economics
Languages : en
Pages : 369
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Book Description
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.
