This book appears in the following booklists
(Availability of '24-48 hours' means our wholesaler has stock - we place orders 2-3 times a week & receive the books next day.)
(Availability of '7-10 days' or 'Special Order' means we order direct from the publisher - order times vary, many supply within 10 days.)
Phone us: 0151 708 7270
Austerity: The History of a Dangerous Idea
Conservatives in America have succeeded in casting government spending as useless profligacy that has made their economy worse, centering the policy debate in the wake of the financial crisis on draconian budget cuts. Americans are told that they need to live in an age of austerity since they have all lived beyond their means and now need to tighten their 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.
ISBN 13: 9780199389445 | ISBN 10: 0199389446
For mail-order we charge postage at actual cost, at current Royal Mail rates by parcel weight and size
Please note: Neither this website nor our order website can tell you if a book is actually in the shop right now - please contact us to find out.
Prices - we do our best to keep price information up to date, but publishers very occasionally change book prices, so we cannot completely guarantee the prices shown here.
We're always happy to check price & availability for you before you place your order, just ask!