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  1. Vor 21 Stunden · Blyth’s debunking of the prevailing notion of austerity, using contemporary examples, is very thorough and serves to dismantle a range of key arguments from pro-austerity advocates. This book is very comprehensive in explaining the background of austerity, and its history of failing when applied in the real world.

  2. Vor 2 Tagen · Bailout terms include strong austerity measures, including cuts in civil service salaries, social benefits, allowances and pensions and increases in VAT, tobacco, alcohol and fuel taxes, taxes on lottery winnings, property, and higher public health care charges.

  3. Vor 3 Tagen · May 20, 2024. In the wake of financial crises, the instinctive response of many governments has been to implement austerity measures—cutting public spending, reducing social benefits, and increasing taxes—to restore fiscal balance. However, the efficacy of these measures in fostering economic growth remains highly contested.

  4. Vor 2 Tagen · Austerity was a policy carried out by elected governments, while QE is a more ‘technocratic’ policy enacted by unelected central banks. It would indeed be a serious charge to ascribe widespread ills to a policy enacted by unelected central bankers that was never voted for. Indeed the governments that ignored basic macroeconomics and majority academic opinion to push through spending cuts ...

  5. Vor 21 Stunden · A prominent factor in the rise of conservative and right-libertarian organizations, political parties, and think tanks, and predominantly advocated by them, neoliberalism is often associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the ...

  6. Vor 21 Stunden · A recent Guardian analysis found that English councils have cut spending on sexual health services by more than one-third since 2013, coinciding with a rise in hospitalisation for sexual health issues.1 These findings suggest an alarming effect of austerity measures, but this is not the whole picture. Lack of holistic commissioning oversight has also played a part, especially for services ...

  7. Vor 21 Stunden · Its cross-ideological strands— supply-side progressivism on the left and state-capacity libertarianism on the right —and its growth-oriented bona fides provide credibility. Its progress in dismantling shibboleths in the devilishly complex arenas of housing and energy suggests a capacity to take on the tangled world of finance.