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She traces the origins of modern austerity to post-World War I Britain and Italy, when it served as a "powerful counteroffensive" to rising working class agitation and anti-capitalist sentiment. In this, she quotes British economist G. D. H. Cole writing on the British response to the economic downturn of 1921:
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.
But there is no alternative"—referring to austerity in the United Kingdom. [15] Christine Lagarde, then Managing Director of the IMF, declared in May 2013 that "there is no alternative to austerity", seconded by France's Prime Minister Jean-Marc Ayrault in French: Il n’y a pas d’alternative à la politique menée. [16]
World Humanitarian Day is “a global celebration of people helping people,” according to the originators of the holiday, the United Nations. This special and much-needed day is formally ...
Inspirational Quotes About Success "Life is 10% what happens to you and 90% how you react to it." — Charles R. Swindoll “Change your thoughts, and you change your world.”— Norman Vincent Peale
The anti-austerity movement in the United Kingdom saw major demonstrations throughout the 2010s in response to Conservative-Liberal Democrat coalition government's austerity measures which saw significant reductions in local council budgets, increasing of university tuition fees and reduction of public spending on welfare, education, health and policing, among others.
Start your day on a positive note with the best good morning quotes, inspiring words of wisdom, funny morning quotes, and motivational sayings about success. 145 Good Morning Quotes to Motivate ...
Austerity: The History of a Dangerous Idea is a 2013 book by Mark Blyth that explores the economic policy of austerity.Studying the use of austerity around the world up to the early 2010s and tracing its intellectual lineage, Blyth argues that the case for increasing economic growth through austerity is overstated, is counterproductive when implemented during recessions, and has exacerbated ...