Austerity
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From Ancient Greek ''αὐστηρός'' (austērós, “[[bitter]], [[harsh]]”), having the specific meaning "making the tongue dry" (originally used of fruits, wines), related to ''αὔω'' (aúō, “to singe”), ''αὖος'' (aûos, “dry”). | From Ancient Greek ''αὐστηρός'' (austērós, “[[bitter]], [[harsh]]”), having the specific meaning "making the tongue dry" (originally used of fruits, wines), related to ''αὔω'' (aúō, “to singe”), ''αὖος'' (aûos, “dry”). | ||
==See also== | ==See also== | ||
+ | * [[Anti-austerity movement]] | ||
* [[Asceticism]] | * [[Asceticism]] | ||
* [[Functional finance]] | * [[Functional finance]] |
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Austerity is a political-economic term referring to policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both.
Etymology
From Ancient Greek αὐστηρός (austērós, “bitter, harsh”), having the specific meaning "making the tongue dry" (originally used of fruits, wines), related to αὔω (aúō, “to singe”), αὖος (aûos, “dry”).
See also
- Anti-austerity movement
- Asceticism
- Functional finance
- Planned shrinkage
- Programme commun - French reform programme cancelled by 'Austerity turn'
- Trickle-down economics
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