Will Austerity Persist? Challenging 50 Years of Elite-Centered Government
Shefner’s new book, Why Austerity Persists, traces the 45-year history of austerity policies and how they became the go-to policy for a host of economic problems in countries worldwide. This presentation considers critical questions such as: Why has austerity persisted as a policy, despite evidence that it often does not work? How have austerity policies evolved over recent decades, and who are the powerful people and institutions imposing them across the globe?