This special issue brings together some of the most influential articles on austerity published by the Cambridge Journal of Economics, The Cambridge Journal of Regions, Economy and Society, and Contributions to Political Economy, which reflect on the history, theoretical justification, and the spatial and social implications of austerity policies. This remarkable range of articles explores the political economy of austerity policies – its intellectual origins and justifications, the politics and politicking surrounding austerity, and its uneven spatial and distributional implications.An introduction to Assessing Austerity
Sue Konzelmann, Mia Gray and Betsy Donald
The Political Economics of Austerity
Does High Public Debt Consistently Stifle Economic Growth? A critique of Reinhart and Rogoff
Herndon, T., M. Ash and R. Pollin
The Consequences of Fiscal Stimulus on Public Debt: a Historical Perspective
McCausland, W.D. and I. Theodossiou
The Four Fallacies of Contemporary Austerity Policies: the Lost Keynesian Legacy
On the Franco-German Euro Contradiction and Ultimate Euro Battleground
US Government Deficits and Debt Amid the Great Recession: what the Evidence Shows
Fiscal Deficits, Economic Growth and Government Debt in the USA
Taylor, L., C. Proano, L. de Carvalho and N. Barosa
Is Ireland Really the Role Model for Austerity?
Expansionary Fiscal Consolidations: Theoretical Underpinnings and their Implications for the Eurozonen
Foresti, P and U. Marani
Anomalies of Spain's Economy and Economic Policy-making
Keynes and the Confidence Faeries
Considine, J. and D. Duffy.
The Tragedy of UK Fiscal Policy in the Aftermath of the Financial Crisis
California Shrugged: Fountainhead of the Great Recession
Bardhan, A and R. Walker
Dire Consequences: the Conservative Recapture of America’s Political Narrative?
Pushing Austerity: State Failure, Municipal Bankruptcy and the Crises of Fiscal Federalism in the USA
Picking up the Pieces’: Austerity Urbanism, California and Fiscal Crisis
Davidson, M. and K. Ward
The Great Austerity War: What Caused the US Deficit Crisis and Who Should Pay to Fix It?
Commentary: Contradictions of Austerity
Europe's Crisis without End: The Consequences of Neoliberalism
Iceland’s Rise, Fall, Stabilisation and Beyond
Wade, R. and S.Sigurgeirsdottir
State Rescaling and Local Governments' Austerity Policies Across the USA, 2001–2008
Lobao, L. and L. Adua
Austerity in the City: Economic Crisis and Urban Service Decline?
Donald, B. A. Glasmeier, M. Gray and L. Lobao
A ‘New Politics’ of Austerity, Workfare and Gender? The UK Coalition Government's Welfare Reform Proposals
Austerity in America: Gender and Community Consequences of Restructuring the Public Sector
Glasmeier, A. and C. Lee-Chuvala
The Geographies of Austerity
Kitson, M., R. Martin and P. Tyler
The Local and Regional Impact of the UK’s Welfare Reforms
Beatty, C and S. Fothergill