Austerity Quote by Eliot Spitzer

Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in…

— Joseph Stiglitz

Mainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism about even…

— Mariana Mazzucato

Here in Australia we do get impacted by global economic events. But we should have some confidence that our economy has got strong underlying…

— Julia Gillard

European officials thought that austerity was part of what they called their 'convergence policies,' of trying to bring countries together. Instead, it actually made…

— Joseph Stiglitz

In Europe there's an dangerous growth of ultra xenophobia which is pretty threatening to any one who remembers the history of Europe... and an…

— Noam Chomsky

Taken as a whole, Europe's share of world output is projected to fall by almost a third in the next two decades. This is…

— David Cameron

Austerity need not be Europe's fate.

— Francois Hollande

Moreover, for decades we have been prone to far greater swings in the economic cycle than our continental counterparts. It has been boom and…

— Tony Blair

Even in London, at the centre of the wealthiest region in northern Europe, in so many ways insulated from the financial realities faced by…

— David Olusoga

So, there is enormous instability in the global economy with a shift of winners and losers.

— David Korten

The U.K. and almost all of Europe have erred in terms of believing that austerity, fiscal austerity in the short term, is the way…

— Bill Gross

While the wider global environment is worrying, we are seeing some positive results in our economic affairs.

— Michael D. Higgins