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Austerity is grounded in liberal economics' view of the state and sovereign debt as deeply problematic. Blyth traces the discourse of austerity back to John Locke's theory of private property and derivative theory of the state, David Hume's ideas about money and the virtue of merchants, and Adam Smith's
"Austerity" turned out to be the word most searched for in the Merriam-Webster online dictionary in 2010. The term means having "enforced or extreme economy." And it's the opposite of that very ...
In honor of the Merriam-Webster dictionary naming "austerity" as its most-referenced "word of the year" for 2010 -- it means "enforced or extreme economy" by the way -- WalletPop has compiled a ...
Austerity is a policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both. Austerity or Austere may also refer to: Music.
Austerity policies are most generally characterised by a reduction of public spending in general, and not necessarily in the "physical economy". Whether or not "physical economy" is a "LaRouchism" is irrelevant; the term should not be in the article, except maybe in one sentence closer to the end. Mat334 02:16, 19 December 2005 (UTC)
Austerity urbanism is a relatively recent notion that refers to urban planning projects emerging from crisis situations. [1] Such initiatives are often temporary ...
The first austerity period took place during the premierships of David Cameron (R) and Theresa May (L) A UK government budget surplus in 2001-2 was followed by many years of budget deficit, [16] and following the 2008 financial crisis, a period of economic recession began in the country. The first austerity measures were introduced in late 2008 ...
A laconic phrase or laconism is a concise or terse statement, especially a blunt and elliptical rejoinder. [1] [2] It is named after Laconia, the region of Greece including the city of Sparta, whose ancient inhabitants had a reputation for verbal austerity and were famous for their often pithy remarks.