Austerity: The History of a Dangerous Idea (Mark Blyth)


Date: Apr 10, 2013

Mark Blyth, Professor of International Political Economy, Brown University

Austerity is a dangerous idea. It may make sense for one state to try to cut its way to growth, but it cannot work when all states try it simultaneously: all we do is shrink the economy. Rather than expanding growth and opportunity, revivals of this dead economic idea almost always lead to low growth and greater inequality in wealth and income. Professor Blyth marshals an army of facts to demand that we recognize austerity for what it is, and what it costs us.

Austerity: The History of a Dangerous Idea” video

This event was re-broadcast on the Australian Broadcasting Corporation’s Radio National program, “Big Ideas.”

 “Austerity: The History of a Dangerous Idea” broadcast.

View more BEI Seminar events

Date: Apr 10, 2013

Mark Blyth, Professor of International Political Economy, Brown University

Austerity is a dangerous idea. It may make sense for one state to try to cut its way to growth, but it cannot work when all states try it simultaneously: all we do is shrink the economy. Rather than expanding growth and opportunity, revivals of this dead economic idea almost always lead to low growth and greater inequality in wealth and income. Professor Blyth marshals an army of facts to demand that we recognize austerity for what it is, and what it costs us.

Austerity: The History of a Dangerous Idea” video

This event was re-broadcast on the Australian Broadcasting Corporation’s Radio National program, “Big Ideas.”

 “Austerity: The History of a Dangerous Idea” broadcast.

View more BEI Seminar events

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