Austerity survived Keynesian dominance only in the German-speaking world

Evidence

Anti-austerity it seemed, had won the day. But the victory was not complete. Austerity survived in one part of the world immune to Lord Keynes: the German-speaking world. Austrian school economists continued to give austerity a globalized intellectual home, while German ordoliberals, as we shall shortly see, gave austerity a national base of operations. — Mark Blyth, Austerity, 352

Categorization

• XREF: connects to: Conservatives abandoned austerity as an intellectual argument once Keynesianism triumphed — Mark Blyth, Austerity: The History of a Dangerous…, 352; Ordoliberalism rose in Germany partly because no Keynesian rival doctrine existed — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 547; Central banks were treasury financing agents everywhere but Germany until the Keynesian era ended. — Mark Blyth, Austerity: The History of a Dangerous…, 420 (+2 more)

Broader Connections

• Ordoliberalism rose in Germany partly because no Keynesian rival doctrine existed #corroborates (0.82) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 547