LEADER 03738nam 2200649 450 001 9910790979403321 005 20230803220903.0 010 $a0-300-20624-0 024 7 $a10.12987/9780300206241 035 $a(CKB)2550000001192021 035 $a(EBL)3421378 035 $a(SSID)ssj0001115520 035 $a(PQKBManifestationID)11628729 035 $a(PQKBTitleCode)TC0001115520 035 $a(PQKBWorkID)11082891 035 $a(PQKB)10008257 035 $a(MiAaPQ)EBC3421378 035 $a(DE-B1597)485932 035 $a(OCoLC)869923554 035 $a(DE-B1597)9780300206241 035 $a(Au-PeEL)EBL3421378 035 $a(CaPaEBR)ebr10833593 035 $a(CaONFJC)MIL572015 035 $a(EXLCZ)992550000001192021 100 $a20140210h20142014 uy 0 101 0 $aeng 135 $aurnnu---|u||u 181 $ctxt 182 $cc 183 $acr 200 10$aAusterity $ethe great failure /$fFlorian Schui 210 1$aNew Haven, Connecticut :$cYale University Press,$d2014. 210 4$dİ2014 215 $a1 online resource (232 p.) 300 $aDescription based upon print version of record. 311 0 $a0-300-20393-4 311 0 $a1-306-40764-8 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tIntroduction --$t1 Austere ideas for austere societies: from Aristotle to Aquinas --$t2 Austerity v. reason: from Mandeville to Voltaire --$t3 Austerity for capitalism: from Smith to Weber --$t4 Austerity for stability: from the Great War to the next --$t5 Austerity can wait: Keynes --$t6 Austerity for the state: Hayek --$t7 Austerity for the planet: green ideas of consumption --$t8 Is greed good? --$tNotes --$tBibliography --$tAcknowledgements --$tIndex 330 $aAusterity is at the center of political debates today. Its defenders praise it as a panacea that will prepare the ground for future growth and stability. Critics insist it will precipitate a vicious cycle of economic decline, possibly leading to political collapse. But the notion that abstinence from consumption brings benefits to states, societies, or individuals is hardly new. This book puts the debates of our own day in perspective by exploring the long history of austerity-a popular idea that lives on despite a track record of dismal failure. Florian Schui shows that arguments in favor of austerity were-and are today-mainly based on moral and political considerations, rather than on economic analysis. Unexpectedly, it is the critics of austerity who have framed their arguments in the language of economics. Schui finds that austerity has failed intellectually and in economic terms every time it has been attempted. He examines thinkers who have influenced our ideas about abstinence from Aristotle through such modern economic thinkers as Smith, Marx, Veblen, Weber, Hayek, and Keynes, as well as the motives behind specific twentieth-century austerity efforts. The persistence of the concept cannot be explained from an economic perspective, Schui concludes, but only from the persuasive appeal of the moral and political ideas linked to it. 606 $aConsumption (Economics)$xHistory 606 $aThriftiness$xHistory 606 $aSaving and investment$xHistory 606 $aEconomic policy$xHistory 615 0$aConsumption (Economics)$xHistory. 615 0$aThriftiness$xHistory. 615 0$aSaving and investment$xHistory. 615 0$aEconomic policy$xHistory. 676 $a339.4/7 700 $aSchui$b Florian$f1973-$01464447 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910790979403321 996 $aAusterity$93674079 997 $aUNINA