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Austerity

In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending.…

History, Theoretical considerations & Examples of austerity

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Overview

History

Justifications

Theoretical considerations

Framing of the debate surrounding austerity

Empirical considerations

Controversy

Age of austerity

Word of the year

Examples of austerity

Criticism

Alternatives to austerity

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Map overview Semantic statistics

Austerity

Nodes177
Edges176
Triples288
Avg. degree1.99
Density0.011299
Components1

How this topic connects Entity context

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Austerity

Top relations

related to External links · 74
Austerity → April, Austerity Has Crumbled, Austerity's Greek Death Toll, Bad Idea Won Over, Books, California Press, Capitalists, Case, Commissars, Daniel Leigh-Growth Forecast Errors, Debt, English, Eurozone, February, Financial Times, Fiscal Multipliers-January, Foreign AffairsVideo, France, From Khans, German
related to Further reading · 52
Austerity → Alberto Alesina, Bartel, Benjamin Born, Broken Promises, Brussels, Carlo Favero, Chicago Press, Clara, Cold War, Consensus, Dissensus, Does Austerity Pay Off, Economic Crisis, Economic Ideas, Economics, European, European Public Policy, Fall, Farrell, Fascism
related to history · 20
Austerity → Alberto, American, Another, Brussels, During, Fascist Italy, Genoa, Germany, Haiti, Haitians, Italy, Luigi Einaudi, Maffeo Pantaleoni, Nazi Party, Stefani, The, Umberto Ricci, United States, Weimar Republic, World War
related to United States · 17
Austerity → American Public, Donald Trump, Evidence, IMF, Joseph Stiglitz, Keynesian, Keynesianism, Main Street, Nixon, Obama's, Pete Peterson, Petersonites, The, The United States's, The US, US, Wall Street
related to Examples of austerity · 16
Austerity → Albania, American, American Occupation, Australia, Authority, Ceaușescu's, Estonia, France, Germany, Ireland, Kingdom, Omnibus Budget Reconciliation Act, Republic, Rico, States, World Wars
related to Framing of the debate surrounding austerity · 13
Austerity → Alberto Alesina, Budget, CBPP, Centre, Dissenting, IMF, OECD, Policy Priorities, Radical, Richard Seymour, Sociologist Aaron Major, This, Wren-Lewis
related to Justifications · 10
Austerity → Eurozone, IMF, In, International, International Monetary Fund, It, South American, Structural Adjustment Programmes, This, US
related to Age of austerity · 9
Austerity → April, Brexit, Cheltenham, Conservative Party, David Cameron, October, The, Theresa May, UK Conservative Party
related to Theoretical considerations · 9
Austerity → According, Contemporary Keynesian, GDP, Great Depression, In, John Maynard Keynes, Paul Krugman, The, Treasury
related to Criticism · 8
Austerity → According, David Stuckler, Europe, Much, Sanjay Basu, The Body Economic, US, Why Austerity Kills

Important terminology Word statistics

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Important terminology

government spending growth measures deficit economic budget gdp fiscal 2011 private 2012 tax countries debt us public economy reduce policies

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Austerityis aset of political-economic policies that aim to reduce government budget deficits through spending cuts0.90text
the International Monetary Fundinstance ofInternational financial institutions0.80text
the state of the business cycle.Different taxinstance oftemporary factors0.80text
spending choices of equal magnitude have different economic effectsinstance oftemporary factors0.80text
Paul Krugman have suggested that this hasinstance ofKeynesian economists and commentators0.80text
in factinstance ofKeynesian economists and commentators0.80text
been occurringinstance ofKeynesian economists and commentators0.80text
with austerity yielding worse results in proportion to the extent to which it has been imposed.Overallinstance ofKeynesian economists and commentators0.80text
Greece lost 25instance ofKeynesian economists and commentators0.80text
Andrew Gamble view Austerity in Britain less as an economic necessityinstance ofmany academics0.80text
and more as a tool of statecraftinstance ofmany academics0.80text
driven by ideologyinstance ofmany academics0.80text

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