A Note on Economic Austerity in Science, Morality, and Political Economy
Milberg William, 2013
Name of publisher/editor
Social Research
Geographic area
Global
Summary & key words
Dean and Professor of Economics at The New School for Social Research, studies the relationship between globalization and income distribution. His most recent book is Outsourcing Economics: Global Value Chains in Capitalist Development (with Winkler, 2013). 1. Blyth (2013) reviews the critical attacks on the Bocconi school of “growth-enhancing austerity.” Marglin and Spiegler (2013) provide strong counterevidence to the consumption smoothing hypothesis. 2. This omission was noted by Heilbroner (1999) in a prescient essay entitled “The End of The Worldly Philosophy?” The essay was the final chapter of the last edition of The Worldly Philosophers.