Neo-liberalism and the Political Economy of Austerity
The relationship between neoliberalism and austerity is varied and contingent. There have been numerous examples of neoliberal expansion without fiscal conservatism. Nevertheless in times of economic crisis neoliberals generally advocate fiscal conservatism and austerity, and this session examines the various neoliberal cases for why this is necessary, drawing on Hayek’s reading of austerity as a necessary example of Schumpeter’s creative destruction, monetarist examples of monetary targets, and ordo-liberal interpretations of sound money. These are then subject to a critique – both of austerity and of neoliberalism.
Date:
30 January 2020, 16:15 (Thursday, 2nd week, Hilary 2020)
Venue:
32-42 Wellington Square (Barnett House), 32-42 Wellington Square OX1 2ER
Venue Details:
Violet Butler Room
Speakers:
Speaker to be announced
Organising department:
Department of Social Policy and Intervention
Organiser:
Professor Mary Daly (University of Oxford)
Organiser contact email address:
events@spi.ox.ac.uk
Part of:
Austerity and Beyond? Oxford Institute of Social Policy Hilary Term seminar series
Topics:
Booking required?:
Not required
Booking url:
https://www.spi.ox.ac.uk/events
Audience:
Members of the University only
Editor:
Ruth Moore
