Austerity The History Of A Dangerous Idea Summary

‘Austerity: The History of a Dangerous Idea is a masterful combination of economic history and intellectual history that puts the current policy debate into a balanced and sophisticated perspective.’

In my project I reviewed the book Austerity: The History of a Dangerous Idea written by Mark Blyth. I have mentioned at the beginning of the project that author has written his book from the perspective of political economy; he believes that the idea of austerity is a dangerous idea because it reinforces the rising of inequality.

In the first chapter of the book Mark Blyth said himself that Austerity is intuitive, appealing, and handily summed up in the phrase you cannot cure debt with debt (Mark Blyth, 2013. Austerity: The History of a Dangerous