Austerity and its Discontents
Austerity is always a bitter pill, and one that a growing chorus of political and business leaders, economists, and voters is refusing to swallow. But, given high debt burdens and rising borrowing costs in many countries, is there a viable alternative to rapid fiscal consolidation? Project Syndicate’s commentators examine the arguments and weigh the evidence.
We hope you're enjoying Project Syndicate.
To continue reading, subscribe now.
Get unlimited access to PS premium content, including in-depth commentaries, book reviews, exclusive interviews, On Point, the Big Picture, the PS Archive, and our annual year-ahead magazine.
Already have an account or want to create one? Log in