Mark Blyth’s Austerity:The History of a Dangerous Idea is at heart a morality tale, or, more accurately, an account of two competing and diametrically opposed morality tales jostling to explain both the recent Global Financial Crisis (GFC) that engulfed much of Europe in 2008 and the austerity policies that were implemented by most governments in that region in its aftermath. According to propon ... (read more)