Austerity: The History of a Dangerous Idea

By M. Setterfield. Eastern Economic Journal, 2018

1,270 citations recorded by the source corpus.

Subfields: Finance, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/39d7bf077a4b5fd8edf9df2ed90c7c0ba1c95146

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Benjamin Braun
2. Daniela Gabor
3. P. Hall
4. M. Matthijs
5. M. Hübner
6. Stefanie Walter
7. M. Blyth
8. Kean Birch

In Political Science and International Relations

1. Colin Hay
2. Kean Birch
3. Benjamin Braun
4. Daniela Gabor
5. M. Matthijs
6. T. Curran
7. A. Hill
8. J. MacLeavy

Citations in the corpus

• Understanding the political economy of the eurozone crisis (2017, background): “Whereas the Greek crisis was a genuine sovereign debt crisis, it is important to understand that for most other Eurozone countries this crisis did not result from government borrowing (Blyth 2013).”
• Governing through financial markets: Towards a critical political economy of Capital Markets Union (2018, background): “Instead, in finance as in economic policy more broadly, neoliberal ideas and policies have proved surprisingly resilient (Ban, 2016; Blyth, 2013; Crouch, 2011; Engelen, 2018; Helleiner, 2014; Schmidt and Thatcher, 2013).”
• The Handbook of Neoliberalism (2016, background): “spending cuts as good to both consolidate budgets and stimulate growth), which have been used to legitimate much of the European crisis management since 2010 (Blyth 2013).”
• Perfectionism Is Increasing Over Time: A Meta-Analysis of Birth Cohort Differences From 1989 to 2016 (2017, background): “For example, the United States has been the fastest of the industrialized nations to shrink its communal investments (Blyth, 2013).”
• Varieties of capitalism in light of the euro crisis (2018, background): “Debt-fueled expenditure in the sheltered sectors of the southern countries rendered them susceptible to the crisis of confidence that erupted in 2010 (Blyth 2013; Frieden and Walter 2017; Jones 2016).”
• Black Swans, Lame Ducks, and the mystery of IPE's missing macroeconomy (2017, background): “Or they drive a relatively hard bargain with the UK that could trigger another financial crisis that has the potential of bringing back the euro crisis, as the single currency still lacks the panoply of institutions to successfully absorb a future shock (Matthijs and Blyth, 2015).”
• A Green New Deal without growth? (2021, background): “The G20 meeting in Toronto in June 2010 marked a point of departure away from Keynesian economics, which had up to that point informed state responses to the global financial crisis (Blyth, 2015).”
• The impact of Covid-19 on sport (2020, background): “Early research on the pandemic in the UK has suggested that a decade of stringent austerity measures (see: Blyth 2013) implemented prior to Covid-19 have left the nation’s most socio-economically deprived communities vulnerable to extreme hardship, only likely to be worsened by the current…”
• The (impossible) repo trinity: the political economy of repo markets (2016, background): “In Europe, repo market participants stopped accepting collateral issued by governments of Portugal, Greece and Ireland by 2010, while the share of Italian and Spanish sovereign collateral fell rapidly until Draghi promised to do whatever it takes in 2012 (Blyth, 2013, Gabor and Ban, 2016).”
• Depoliticisation as process, governance as practice: what did the 'first wave' get wrong and do we need a 'second wave' to put it right? (2014, background): “Above all else, it is far from self-evident that austerity is good economics (see for instance Blyth, 2013) – and it is certainly no functional fix for the crisis in which we still remain mired.”