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Evolution of Austerity

Austeritynerd · 2013-08-04 10:05:19

The Merriam-Webster online dictionary voted 'Austerity' as its' Word of the Year in 2010, stating that it has been around since the 14th century. I found this incredible, yet difficult to track down its evolution since then. I wonder what Austerity meant in the 14th century? Did it evolve with each new century? What did…

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04-08-2013 11:05am

#1

Austeritynerd

Registered Users Posts: 9 ✭

Join Date: August 2013

Posts: 5

The Merriam-Webster online dictionary voted 'Austerity' as its' Word of the Year in 2010, stating that it has been around since the 14th century. I found this incredible, yet difficult to track down its evolution since then.

I wonder what Austerity meant in the 14th century?
Did it evolve with each new century?
What did Austerity mean prior to the 2008 global financial crisis?
What did it mean after 2008?
Has it once again evolved 5 years after the crisis?

Opinions very much appreciated.

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#2 04-08-2013 11:33am
Spear

Moderators, Computer Games Moderators, Technology & Internet Moderators, Help & Feedback Category Moderators Posts: 25,304 CMod ✭✭✭✭

Join Date: September 2001

Posts: 22864

Try the economics forum instead:

http://www.boards.ie/vbulletin/forumdisplay.php?f=858

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