The antiwaste campaign against public spending anchored austerity at the British Treasury

Evidence

To halt the threats to the old order, a vocal “antiwaste” campaign against public expenditure burst through the seams and found strong institutional support in the austerity crusade of the experts at the British Treasury. — Clara E. Mattei, The Capital Order, 327

Categorization

• XREF: connects to: The British Treasury embraced countercyclical public works only under strict debt concerns — Mark Blyth, Austerity: The History of a Dangerous…, 338; Unelected Treasury technocrats orchestrated British austerity without facing re-election — Clara E. Mattei, The Capital Order: How Economists…, 829; The Treasury and Bank of England used monetary austerity to block the miners’ movement (+3 more)

Broader Connections

• Unelected Treasury technocrats orchestrated British austerity without facing re-election #expands (0.80) — Clara E. Mattei, The Capital Order, 829
• The liberal funding anxiety hardened into austerity doctrine by the 1920s #expands (0.80) — Mark Blyth, Austerity, 270
• The Treasury and Bank of England used monetary austerity to block the miners’ movement #expands (0.75)
• Austerity cuts aimed to permanently prevent welfare-state restoration in Britain #expands (0.75) — Hall, Stuart, Essential Essays, Volume 1, 974