Much of this research was recently compiled into a book Alesina co-authored with Carlo Favero and Francesco Giavazzi titled “Austerity: When It Works and When It Doesn’t.” In this book, Alesina and his co-authors carefully examine all sides of the issue. Data-rich and deeply economically informed, it provides solid guidelines for every policymaker who is serious about reversing the dangerous pattern of fiscal irresponsibility.