There is no greater obstacle to progressive change than the idea of austerity. It has dominated economic policy in Europe, resulting in continued slow growth (or outright contraction) and high ...

Add Yahoo as a preferred source to see more of our stories on Google. Rachel Reeves has promised that there will be “no return to austerity” at the Labour conference in Brighton, responding to critics ...

India’s finance minister defended Prime Minister Narendra Modi’s call for austerity during the Iran war after opposition ...

Amid the brinksmanship about hitting the debt ceiling — the treasury’s ability to pay could run out in June — there are two very different views on the costs or benefits of reining in government ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of economics and politics. In this third and last of my entries on the “fiscal austerity” debate I ...

The move marks the return of austerity measures that were temporarily relaxed during the Eid shopping season and highlights ...

To understand the populist revolt against free trade and other pillars of mainstream economics—a revolt that U.S. President Donald Trump harnessed to his political ambitions with remarkable skill—one ...

“Austerity” has been on the defensive lately. Both in the American media, and in European political discourse. And yet, the idea that debt-reduction is the most pressing problem facing Western ...

A protest in London, 2012. (Photo by Warrick Page/Getty Images) By signing up, you confirm that you are over the age of 16 and agree to receive occasional promotional ...

The idea that rational thinking should govern political decision making in America dates back to our very founding. “Facts are stubborn things,” John Adams said, “and whatever may be our wishes, our ...

This is an interesting little spat happening out in the econobloggingsphere, a shouting match about whether there's been austerity or not. It started with Matt Yglesias, then Angus had a go at him and ...