Customer Reviews for

Austerity: The History of a Dangerous Idea

Average Rating 4.5
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  • Posted February 14, 2014

    A must read

    This book traces the intellectual history of "expansionary austerity" from the original concerns with the size of government expressed by Adam Smith, John Locke and David Hume through the Austrian school of economics to the present day. It explains how a private banking crisis became a sovereign debt crisis and then goes on to compare the results achieved by countries that adopted austerity in times of financial crisis with those that did not. The book's subtitle (the history of a dangerous idea) suggests the outcomes. Wonderful book.

    1 out of 1 people found this review helpful.

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  • Anonymous

    Posted October 4, 2013

    Highly recommend! A reality check on Austerity theory.

    This is the best common sense explanation of global monetary policy & theory available that I have read to date. The author is right up-front about what parts of the book you may want to read or skip. I read it cover-to cover and learned a lot. I may read it again to reinforce some of the knowledge within.

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    Posted April 16, 2014

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    Posted May 10, 2013

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