Rise And Fall Of Global Austerity, The
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A01=E Ray Canterbery
Alan Greenspan
Austerity
Austerity in Europe
Austerity Lobby
Author_E Ray Canterbery
Ben Benanke
Category=KCZ
Domestic Inequality
Economic Growth
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
European Central Bank
Expansionary Austerity
Federal Reserve Board
Fiscal Policy
Full Employment
Global Great Recession
Global Inequality
Health and The Economy
Housing Bubble
Hyman Minsky
Incomes Policy
Janet Yellen
John Maynard Keynes
Keynesian Economics
Keynesians
Michal Kalecki
Monetary Policy
Piero Sraffa
Post Keynsesians
Public Debt
The Euro
Trends in Suicide Rates
Trickle-Down Economics
Trickle-Up Economics
Vita Theory
Product details
- ISBN 9789814603485
- Publication Date: 24 Feb 2015
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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Since its onset in late 2007, few expected the Great Recession to be protracted for over half a decade across the world. The Rise and Fall of Global Austerity explains the origins and history of austerity, severe implications of the idea of it and how the continuation of the Great Recession was a by-product of austerity measures. Covering austerity policies that are in place in the United States, Europe, and other countries, E Ray Canterbery explains why austerity is detrimental for economies, economic policy and the general health of populations around the world. He highlights the connection between public debt and austerity policies and shows how the austerity lobby works in the United States to achieve its goals. Besides presenting a critique of the rationale for austerity, Canterbery also recommends monetary, fiscal, and incomes policy remedies, and stresses why economic growth and full employment are more ideal and pragmatic antidotes to the Great Recession.
