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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. [1] [2] [3] There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower ...
- Austerity: The History of a Dangerous Idea - Wikipedia
Austerity: The History of a Dangerous Idea is a 2013 book by...
- Austerity - Simple English Wikipedia, the free encyclopedia
Austerity measures ( political-economics) are government...
- Austerity: The History of a Dangerous Idea - Wikipedia
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.
austerity, a set of economic policies, usually consisting of tax increases, spending cuts, or a combination of the two, used by governments to reduce budget deficits. Austerity measures can in principle be used at any time when there is concern about government expenditures exceeding government revenues.
noun. uk / ɔːˈster.ə.ti / us / ˈɑː.ster.ə.t̬i / Add to word list. [ C or U ] the condition of living without unnecessary things and without comfort, with limited money or goods, or a practice, habit, or experience that is typical of this: The wartime austerity of my early years prepared me for later hardships.
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In The Capital Order, political economist Clara E. Mattei explores the intellectual origins of austerity to uncover its originating motives: the protection of capital—and indeed capitalism—in times of social upheaval from below.
