Unnecessary radicalism: the limits of economic ideas in political thinking

• DOI: 10.1080/03585522.2022.2113126
• Publication Date: 2022-09-13T03:42:25Z
• Authors: Elisabeth Lindberg
• Keywords: Austerity; Unrest; Political radicalism

This article analyses late 1960s’ and early 1970s’ policy debate on issues concerning balance of payments in Sweden. Part this was the question fiscal austerity as a tool to achieve external balance, if it could be used without risking economic social unrest. The aim is twofold: first empirically shine new light modern Swedish historic context. Second theoretically explore ways interpreting relationship between political thinking ideas. Special focus within second are consequences Keynesian ideas framework understanding at time. study qualitative its methods pays attention limits policymaking expertise. highlights conflicting perspectives heterogeneity these among experts. A kind also shown complicate assumed close Social Democracy Keynesianism In essence, shows that studying debates detail makes for conclusions development part plays it.