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Austerity: The History of a Dangerous Idea | Mark Blyth | Talks at Google

Talks at Google · talk · Watch on YouTube

Macroeconomics & financial crises

What it is

Mark Blyth's Talks at Google presentation based on his book on austerity. He argues that government debt came largely from bailing out banks, and that budget cuts are a misguided response to the financial crisis.

Why Hacker News recommends it

HN commenters bring it up in economics and politics threads as a historical critique of austerity policy and the thinking behind it.

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2015, last 2018

What HN commenters said

  1. “If you are interested in how bad things look for europe”

    Economics behind decline of western middle classes and European outlook

    wycx, 2016-12 · Recommendation · in “All Hollowed Out the lonely poverty of America’s white working class”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: austerity, financial crisis, government debt, european economy, political economy

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