The History of Bad Ideas: Austerity
Past Present Future
00:00
Austerity: A Zombie Idea
This chapter examines the enduring influence of austerity in economic discourse and its impact on policymaking, highlighting its limitations on growth and innovation. It focuses on the extreme austerity measures in Argentina, detailing the political strategies to address economic challenges like hyperinflation while critiquing the broader applicability of such measures. The discussion reveals the complexities of government operations and public perception, emphasizing the need for alternative economic narratives beyond austerity.
Transcript
Play full episode
