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Absurd Austerity Policies in Europe

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  • Philip Arestis
  • Theodore Pelagidis

Abstract

Austerity policies again prevail in Europe as well as in the United States. These economists, based in England and continental Europe, focus on the poorly understood damage that the austerity mania will almost certainly do on their side of the Atlantic. Why is it happening? There is no rational answer.

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Bibliographic Info

Article provided by M.E. Sharpe, Inc. in its journal Challenge.

Volume (Year): 53 (2010)
Issue (Month): 6 (November)
Pages: 54-61

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Handle: RePEc:mes:challe:v:53:y:2010:i:6:p:54-61

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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043

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Cited by:
  1. Casimir Dadak, 2011. "Political Economy of the Euro Area Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(5), pages 593-604, December.
  2. Mi Park, 2013. "Lessons from the Asian financial crisis for the eurozone: a comparative analysis of the perilous politics of austerity in Asia and Europe," Asia Europe Journal, Springer, Springer, vol. 11(2), pages 189-199, June.
  3. Pasquale Tridico, 2011. "Varieties of capitalism and responses to the Financial Crisis: the European social Model versus the US Model," Departmental Working Papers of Economics - University 'Roma Tre' 0129, Department of Economics - University Roma Tre.
  4. Robert Pollin, 2013. "Austerity Economics and the Struggle for the Soul of U.S. Capitalism," Working Papers, Political Economy Research Institute, University of Massachusetts at Amherst wp321, Political Economy Research Institute, University of Massachusetts at Amherst.
  5. Pasquale Tridico, 2011. "Global Imbalances, Declining Hegemony and the Need for a New Global Governance," Departmental Working Papers of Economics - University 'Roma Tre' 0130, Department of Economics - University Roma Tre.

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