2015•London School of Economics and Political Science Research Online (London School of Economics and Political Science)Open access

The end of austerity in Europe

Max Hänska

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Abstract

After a spectacular swing to the left, away from a political establishment that ruled the country uninterrupted for decades, Greece’s election signals the changed mood that is taking hold of Europe. Austerity has failed. What economists have been saying all along, has now been loudly affirmed by the electorate.

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After a spectacular swing to the left, away from a political establishment that ruled the country uninterrupted for decades, Greece’s election signals the changed mood that is taking hold of Europe. Austerity has failed. What economists have been saying all along, has now been loudly affirmed by the electorate.

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Available abstract

After a spectacular swing to the left, away from a political establishment that ruled the country uninterrupted for decades, Greece’s election signals the changed mood that is taking hold of Europe. Austerity has failed. What economists have been saying all along, has now been loudly affirmed by the electorate.

Key concepts: Austerity, Politics, Political economy, Political science, Keynesian economics, Economics, Economic policy, Law

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