In the News

Austerity fatigue sets in

Geoff Riley

17th July 2017

Share this content:

Ed Conway from Sky asks "how do you solve a problem like austerity?"

We have now had seven years of austerity with local councils in particular bearing the brunt of cutbacks in state funding which are hitting day-to-day front line services. But what does ending fiscal austerity actually mean? Conway argues that any austerity raises more questions than it answers but that public opinion does appearing to be shifting towards an increase in government spending even if it means the majority of people paying some extra in taxes.

Here are some suggestions for wider reading as the austerity debate reaches a critical moment in the aftermath of the June 2017 General Election

Chancellor needs to find an extra £33bn a year to end austerity, says IFS https://t.co/uCLDRl2oOW
— The Guardian (@guardian) July 12, 2017

Good day to remember the French Revolution was partly reaction to fiscal austerity meant to please foreign creditors https://t.co/lynQtk50jz
— Matthew C. Klein (@M_C_Klein) July 14, 2017

Economic watchdog warns MPs public finances will not pass 'stress test' https://t.co/qbc6OnHHOE
— Standard News (@standardnews) July 13, 2017

Fallacy of Composition: Fiscal Austerity | great essay on why we most often need Govt. to be in debt https://t.co/z7yCsWV6yx
— Simon J Duffy (@simonjduffy) July 9, 2017

#economics #economicsinpills #politicaleconomy #trading #forex #austerity #keynes #johnmaynardkeynes pic.twitter.com/qG7McPPLlU
— Melchiorre Calvaruso (@Mel_Calvaruso) July 13, 2017

Share this content:

Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

Explore

More for students

Teaching Economics

Austerity fatigue sets in

Geoff Riley

You might also like

2026 A-Level Economics: The UK Economy Numbers That Matter Most

Macro Case Study: Argentina and debt

Navigating the 2026 Stagflation Trap - How Resilient is the UK Economy?

The £2.8 Trillion Question: Understanding the UK’s National Debt

Surging Oil Prices and the Risk of Stagflation for the UK

Britain’s Youth Brain Drain Explained I UK Economy News

Bank of England Cuts Rates to 3.75% — Explained

2025 Budget Breakdown | Fiscal Policy & Tax Rises I UK Economy

Explore

More for students

Subjects

Quick links

Student events & courses

Teaching Economics

Austerity fatigue sets in

Geoff Riley

You might also like