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People will accept a degree of austerity if they believe it to be fair.
One issue – which is the one that gets the most attention – involves the degree of austerity imposed on debtor countries.
The degree of austerity, the refusal of sentimentality, all of which I had found a little off-putting when a student, now appear among his great strengths as a historian.
So the IMF, though sceptical of the degree of austerity demanded by the lords of the euro zone, now finds itself cast as the pitiless enforcer because of its reluctance to make the numbers fit the euro zone's limits.
Recently, there have been signs that Ms. Lagarde is seeking to nudge Mr. Schäuble and the German leadership to moderate their views on an issue that is central to the crisis: the degree of austerity that should be imposed on countries like Greece and Portugal.
One of the big questions and main points of contention was austerity, and in fact, Sunday's referendum was in large part about the degree of austerity.
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Its Web site (www.exploreruralindia.org) lists 28 villages from the high Himalayas to the humid rice paddies of Kerala, all offering varying degrees of austerity.
Dillow points out that Labour is responding with incredible lameness to the Cameron austerity agenda, even as this agenda fails, because it allowed Cameron to shift the Overton Window, so that only varying degrees of austerity are considered "responsible".
He added: "German taxpayers might be encouraged to understand that the problem since 2010 has not been Greek intransigence but the actions of their own governments in trying to protect their own banks and in dispensing unrealistic degrees of austerity".
File that example under the breezier division of "Carol" mania; the mini-phenomenon assumes all degrees of austerity.
Never lost for a colourful turn of phrase, Herrera was also noted for a degree of personal austerity not often associated with former Latin American presidents.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com