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Saving the dangerous idea: austerity think tank networks in the European Union
[journal article]
Abstract Austerity has become a key term in economic and social policy debates. Although austerity has been contested both in terms of economic theory and policy-making, it has been remarkably resilient. This resilience has been explained, for example, in structural and institutional terms by the rise of the... view more
Austerity has become a key term in economic and social policy debates. Although austerity has been contested both in terms of economic theory and policy-making, it has been remarkably resilient. This resilience has been explained, for example, in structural and institutional terms by the rise of the ‘debt state’. Other explanations have emphasised the strength of austerity ideas rooted in ‘ordo-liberal’ economic theory. Following the insights of science technology scholarship and its emphasis on the social co-production of authoritative knowledge, this article proposes a stronger focus on organisations and their links across nation state borders for an explanation of the stability of austerity capitalism and the thinking underpinning it. The scrutiny of think tank networks, the article proposes, can help bridge the gap between ideational and structural explanations.... view less
Keywords
EU; austerity policy; national debt; think tank; network; neoliberalism; national economy
Classification
Economic Policy
Document language
English
Publication Year
2018
Page/Pages
p. 188-205
Journal
Policy and Society, 37 (2018) 2
Handle
https://hdl.handle.net/10419/175850
ISSN
1839-3373
Status
Published Version; peer reviewed