Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/21626
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: The Role of Belief in the Case for Austerity Policies
Authors: Dow, Sheila
Contact Email: s.c.dow@stir.ac.uk
Keywords: fiscal austerity
science
belief
Issue Date: Mar-2015
Publisher: SAGE
Citation: Dow S (2015) The Role of Belief in the Case for Austerity Policies, Economic and Labour Relations Review, 26 (1), pp. 29-42.
Abstract: Awareness of the epistemological issues arising from an open-system ontology is critical to understanding the crisis and the policy response, and therefore to challenging that understanding and encouraging a radical policy shift. Mainstream economists give the misleading impression that their argument for austerity is purely technical and indeed the most ‘scientific'. The argument developed here is that their reasoning is not, any more than that of their heterodox critics, independent of ideology, power and ethics. The widespread belief in austerity policies as scientifically justified has prevented arguments against austerity gaining more traction; issues of ideology, power and ethics need to be brought to the fore as part of the arguments on both sides. The critique of austerity policies would therefore be strengthened by a critique of the mainstream's rhetorical (mis)representation of economic theorising.
Type: Journal Article
URI: http://hdl.handle.net/1893/21626
DOI Link: http://dx.doi.org/10.1177/1035304614567262
Rights: The publisher does not allow this work to be made publicly available in this Repository. Please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study.
Affiliation: Economics

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