Word: austeritarian
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...French are beset by Communist sabotage, and a black market raised to the status of a national institution. How hard it would be to make these economies jibe is shown by France's wine industry, which traditionally depended on exporting its luxury products to Britain. Austeritarian Britain can no longer afford them. Some Britons coldly suggest that the French would do better to pull up some of their vines and plant potatoes instead...
Good Sense. Belgium's achievement is enough to make a lot of economists throw in the slide rule in disgust. To the austeritarian school (prevalent in Europe and some U.S. quarters), prosperity, like chivalry, is an archaic notion, something that apple sellers in the '30s expected just around the corner. And even a good many plain Americans have agreed that free enterprise, if not downright immoral, is at least impractical in Europe today. Yet Belgium, like a healthy old chain-smoker defying the anti-nicotine prophets, is both prosperous and free...
Manhattan's buoyant Symon Gould, vice presidential candidate of the Vegetarian Party (TIME, March 22), last week dispatched an open letter to Britain's eminent austeritarian and anti-meat man, Sir Stafford Cripps. Wrote Gould...
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