Efnisyfirlit

• Cover
• Front Matter
• Introduction: Debt, Deficits and Austerity
• A Citizen’s Guide
• Austerity Politics
• Austerity in Practice
• Austerity Politics and Reality
• 1 We Must Live Within Our Means
• The Myth Itself
• What Are Our Means?
• How Governments Borrow
• Public Sector Auto-Finance
• From Myth to Reality
• 2 Governments Must Balance Their Books
• The Myth Itself
• Budget Uncertainty
• Why Do Governments Tax?
• From Myth to Reality
• 3 We Must Tighten Our Belts
• The Myth Itself
• The Affordability Fallacy
• Social Protection and Equity
• From Myth to Reality
• 4 Never Go into Debt
• The Myth Itself
• Why Debt Accumulates
• Debt and the Economic Cycle
• Myth and Reality
• 5 Taxes Are a Burden
• The Myth Itself
• The Eponymous Taxpayer
• Taxes in the Concrete
• From Myth to Reality
• 6 Austerity: There is No Alternative
• The Myth Itself
• Public Debt Disasters
• Euro Debt Crisis and the TINA Principle
• Fear of Deficits and Inflation
• From Myth to Reality
• 7 Always an Alternative
• Decommissioning Exchange Rates
• Decommissioning Monetary Policy
• Decommissioning Fiscal Policy
• There is an Alternative: Democracy
• Index
• End User License Agreement