Navigate: Latest News Background  Economics of Austerity International Austerity

"Austerity" is a policy of reducing budgets deficits through increased taxes and lower spending. Economists widely agree that such policies will worsen the economy and increase unemployment when the economy is recovering from a recession, as it is today. Austerity measures have already contributed to skyrocketing unemployment in Europe. The U.S. has also been pursuing austerity measures over the past several years.

This page is devoted to covering the latest developments in the politics and economics of austerity.

Latest News




Economics of Austerity


International Austerity


back to Blog