Book notes: Austerity: European Democracies Against the Wall

Austerity by Lorenzo Bini Smaghi

Lorenzo Bini-Smaghi, Austerity: European Democracies Against the Wall, CEPS, 2013, 151 pages

This work, like the book by Justin Lin reviewed in the previous pages, argues that the conventional account of the causes of the global financial crisis is superficial. The blame is often laid on factors such as the build-up of public and private debt, financial deregulation, irresponsible banking, ‘China’ and the euro. Though the search for scapegoats is a natural response, especially for those who

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.