Austerity: The History of a Dangerous Idea, Paperback/Mark Blyth - Oxford University Press, USA

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Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse.
Not from an orgy of government spen.
This view conveniently forgets where all that debt came from.
We are told that we have all lived beyond our means and now need to tighten our belts.
In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis.
Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse