Moving Beyond Austerity: How Keynesian Fiscal Policy Can Help Countries Recover In times of economic downturn, governments often resort to austerity measures to try and balance their books. Austerity involves cutting public spending, increasing taxes, and reducing budget deficits to supposedly stimulate economic growth and stability. However, history has shown us that such measures tend… Continue reading Moving Beyond Austerity: How Keynesian Fiscal Policy Can Help Countries Recover