By dividing his book into three parts, Blyth dissects the aspect of Austerity thoroughly. Part 1 explains how both America and Europe were too big to bail. This part explains to us as to why “Austerity is a great policy for the banks because the people who are to pay for the mess are not the same ones who made it” (Blyth 2013, p.50). In Part two, Blyth provides his readers with an extensive explanation of Austerity’s Intellectual and Natural Histories. He does so by documenting Locke’s, Hume’s and Smiths version of events, discussing Neo-liberalisms and recalling the recent financial crisis that we have all witnessed and lived through. In his final part, Blyth concludes by informing us of society’s realities after these austerity policies were
