Ultra-Austerity in Europe

E Ray Canterbery

Chapter 8 in The Rise and Fall of Global Austerity, 2015, pp 139-153 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Unlike Las Vegas, what happens in the U.S. does not stay in the U.S. This much can be said of the 2008–2009 money and banking panic. The economies and markets of the U.S. and Europe are linked in many ways. The connections run both ways. The continuing crisis in the eurozone is a big threat to continued economic recovery in the U.S. Full recovery may await the resolution of the European sovereign debt crisis…

Keywords: Austerity; Expansionary Austerity; Housing Bubble; Global Great Recession; Austerity Lobby; Monetary Policy; Fiscal Policy; Incomes Policy; Full Employment; Public Debt; Austerity in Europe; Domestic Inequality; Global Inequality; Economic Growth; Post Keynsesians; John Maynard Keynes; Michal Kalecki; Piero Sraffa; Hyman Minsky; Vita Theory; Trickle-Down Economics; Keynesians; Trickle-Up Economics; Keynesian Economics; Trends in Suicide Rates; Health and The Economy; Alan Greenspan; Ben Benanke; Janet Yellen; Federal Reserve Board; European Central Bank; The Euro (search for similar items in EconPapers)
Date: 2015
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