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Selected as a Financial Times Best Book of 2013Tackles one of the most important topics in world politics and economics in clear, trenchant languageOne of the only accounts that successfully links together the political and economic aspects of the current crisis
Preface
Austerity, a Personal History
1 A Primer on Austerity, Debt, and Morality Plays
Part One Why We All Need to Be Austere
2 America: Too Big to Fail?
Bankers, Bailouts, and Blaming the State
3 Europe-Too Big to Bail
The Politics of Permanent Austerity
Part Two Austerity's Twin Histories
Introduction to Chapters 4, 5, and 6
Austerity's Intellectual and Natural Histories
4 The Intellectual History of a Dangerous Idea, 1692-1942
5 The Intellectual History of a Dangerous Idea, 1942-2012
6 Austerity's Natural History, 1914-2012
Part Three Conclusion
7 The End of Banking, New Tales, and a Taxing
Time Ahead
Notes
Index
Description
Selected as a Financial Times Best Book of 2013Tackles one of the most important topics in world politics and economics in clear, trenchant languageOne of the only accounts that successfully links together the political and economic aspects of the current crisis