What is it about?

The review analyzes the book content and seeks to demonstrate its usefulness in understanding the causes and consequences of austerity through time.

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Why is it important?

Austerity has been a dominant economic policy doctrine in recent years, especially in the context of the global financial crisis and the Eurozone crisis. Importantly, austerity was exported even to those states that did not need it!

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This page is a summary of: Austerity: the history of a dangerous idea, Global Affairs, January 2015, Taylor & Francis,
DOI: 10.1080/23340460.2015.982380.
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