Mark Blyth: A History and Critique of Austerity
Talks at Google · Talk · 1 h 8 min · 2013 · YouTube title: Austerity: The History of a Dangerous Idea | Mark Blyth | Talks at Google
Why it's here
HN commenters bring it up in economics and politics threads as a historical critique of austerity policy and the thinking behind it.
What it covers
Mark Blyth's Talks at Google presentation based on his book on austerity. He argues that government debt came largely from bailing out banks, and that budget cuts are a misguided response to the financial crisis.