Austerity

September 12, 2013

Was the Sequester ‘Expansionary Austerity’?

Over at Neighborhood Effects, James Broughel asks the question, “Has the Sequester Hurt the Economy?” So have the sequester cuts hurt the economy? One possible answer comes from a new paper by Scott Sumner of Bentley University. Continue Reading...

June 08, 2012

Samuel Gregg: Why Austerity Isn’t Enough

Writing on The American Spectator website, Acton Research Director Samuel Gregg looks at the strange notion of European fiscal “austerity” even as more old continent economies veer toward the abyss. Is America far behind? Continue Reading...

July 13, 2011

Jayabalan on Austerity and the Italian Budget

Kishore Jayabalan, Director of Istituto Acton in Rome, was interviewed by Vatican Radio to discuss the Italian budget. Italy has a large budget crisis, and if it isn’t resolved, it may face serious financial problems similar to those experienced by Greece. Continue Reading...

November 04, 2010

Speaking of a Principled Basis for Limited Government

My recent posts on politics and austerity and this week’s Acton Commentary refer to a principled basis for limited government. I speak of “the limits of government rooted in a rich and variegated civil society.” Continue Reading...

November 03, 2010

‘A’ for Austerity: The New Scarlet Letter

I introduced this week’s Acton Commentary yesterday with some thoughts about “The Audacity of Austerity.” In today’s “‘A’ for Austerity: The New Scarlet Letter,” I take to task the attitude embodied by Paul Krugman’s vilification of proponents of austerity measures. Continue Reading...

November 02, 2010

The Audacity of Austerity

The title of this post borrows from a phrase I employ in the conclusion of tomorrow’s Acton Commentary on the prospects for austerity in America after today’s mid-term elections. (I can’t claim to have coined the term, since about 4,270 other instances of the phrase show up in a Google search, but I like it nonetheless.) Continue Reading...