Has Austerity Worked?

Listen in pop-out player

The global financial crisis reignited an old debate - is it better to cut spending and raise taxes in an economic downturn, or spend your way out of it? After a period of relative consensus up to 2010, some countries inclined more to austerity (cuts and tax rises), some against. In this edition of The Inquiry we examine whether we now have the evidence to settle this important economic argument.

(Photo: Anti-austerity demonstration. Credit: Zak Kaczmarek/Getty Images)

Release date:

Available now

25 minutes

Last on

Sun 5 Jul 2015 13:05 GMT

The Inquiry Podcast

MP3 Player.jpg

Download every programme.