de Carvalho, Fernando J. Cardim - In: European Journal of Economics and Economic Policies: … 15 (2018) 3, pp. 262-288
Much of the criticism directed at austerity programs implemented after the 2007/2008 financial crisis, more forcefully in the eurozone, have relied on the same arguments Keynes and others raised against the (British) Treasury View developed in the 1920s and 1930s. Austerity, however, has been...