1.

Record Nr.

UNINA9910255050603321

Autore

Skidelsky Robert

Titolo

Austerity vs Stimulus : The Political Future of Economic Recovery / / by Robert Skidelsky, Nicolò Fraccaroli

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2017

ISBN

3-319-50439-8

Edizione

[1st ed. 2017.]

Descrizione fisica

1 online resource (186 pages) : illustrations, tables

Disciplina

338.9

Soggetti

Economics

Economic theory

Political economy

Economic policy

Economic growth

Popular Science in Economics

Economic Theory/Quantitative Economics/Mathematical Methods

International Political Economy

Economic Policy

Economic Growth

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

Introduction. -1. The Politics of the Debate -- 2. The Two Sides of the Debate -- 3. Contemporary Arguments for Austerity -- 4. Contemporary Arguments for Stimulus -- 5. Confidence: The Object of the Debate -- 6. Austerity vs Stimulus in the UK -- 7. What's Next.

Sommario/riassunto

This timely book debates the economic and political logic of the austerity policies that have been implemented in the UK and in the Eurozone since 2010 and asks whether there is any alternative for these countries in the years ahead. The work reconsiders the austerity versus stimulus debate through the voices of those who proposed the successful idea of expansionary austerity and those who opposed it. The editors have brought together a collection of articles written by some of the most notable figures in the discipline, including the likes



of Alberto Alesina, Ken Rogoff, Tim Besley, David Graeber, Vince Cable, and Paul Krugman. The book also features the debate between Niall Ferguson and Robert Skidelsky. These leading thinkers unveil a world where economists are far from agreeing on economic policy, and where politics often dominates the discussion. The question of whether the British government should have opted for austerity runs through the book, as well as how sustained economic recovery should be encouraged in the future. Scholars, students and members of the general public with an interest in the financial crisis and its lingering aftermath will find this work invaluable.