POPULARITY
With a second Trump administration on the horizon, we're bracing for a return to the same failed trickle-down policies that have dominated our politics for 50 years—policies that enrich the wealthy few at the top while leaving everyone else behind. That's why we're resharing our 2022 conversation with Mark Blyth, a political economist who explains why trickle-down economics refuses to die and how it continues to shape our world. In this episode, Mark exposes the myths behind these harmful ideas and makes a compelling case for a new economic paradigm. This episode originally aired on October 11, 2022. Mark Blyth is a political economist, professor, author and the Director of the William R. Rhodes Center for International Economics and Finance at Brown University. He is the author of several influential books, including Austerity: The History of a Dangerous Idea and Angrynomics (co-authored with Eric Lonergan), and he's the co-author of a forthcoming book, Inflation: A Guide for Users and Losers. Further reading: Inflation: A Guide for Users and Losers Angrynomics Austerity: The History of a Dangerous Idea Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch
Mark Blyth is a political economist and the William R. Rhodes Professor of International Economics at Brown University. He is the author of several books including Austerity: The History of a Dangerous Idea (named one of the best books of the year in 2013 by the Financial Times and Bloomberg), Angrynomics, and a new book coming out in May 2025 called Inflation: A Guide for Users and Losers. His research is in international & comparative political economy and focuses on the political power of economic ideas, how institutions change, and the political economy of rich democracies. Mark is a native of Scotland and received his PhD in political science from Columbia University in 1999 and taught at the Johns Hopkins University from 1997 to 2009 before joining the Brown faculty in 2009. (04:34) What is political economy? (06:10) Mark's academic journey (08:28) How economic consensus is formed (11:01) What is inflation? (13:23) Good vs. bad inflation (17:55) The four main inflation "stories" (18:51) Which story prevails currently (20:57) How will tariffs affect inflation? (26:23) The tariff narrative (28:58) Capitalism 2.0 vs. 3.0 (29:43) The "hardware" & "software" of capitalism (34:23) The "bug" in our current system (37:13) The legacy of inflation in the 1970s (44:41) The Federal Reserve's toolkit (47:41) The Fed before the 1970s (49:27) Hyperinflation in Germany and Argentina (54:16) The structural causes of hyperinflation (56:19) Economic indicators of political unrest (59:01) The role of technological progress (01:02:40) What should capitalism 4.0 be? Pre-order Mark's book on inflation here Listen to Mark's podcast on Apple and Spotify
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/environmental-studies
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to What Just Happened, a Recall This Book experiment. In it you will hear three friends of RTB reacting to the 2024 election and discussing the coming four years. Mark Blyth (whose planned February 2020 appearance was scrubbed by the pandemic) is an international economist from Brown University, whose many books for both scholars and a popular audience include Great Transformations (2002), Angrynomics (2020; with Eric Lonergan) and (with Nicolo Fraccaroli) Inflation: A Guide for Users and Losers (New York: Norton 2025). Learn more about your ad choices. Visit megaphone.fm/adchoices
Mike and Harley check in on the state of the economy with Mark Blyth, Professor of International Economics at Brown University. For more information, https://www.simplify.us Investing involves risk including potential loss of principal. Simplify Asset Management Inc. is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Simplify Asset Management Inc. and its representatives are properly licensed or exempt from licensure. SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the advisor has attained a particular level of skill or ability. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy. This content is not intended to provide investment, tax, or legal advice. This content is solely for informational purposes and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. These materials are made available on an “as is” basis, without representation or warranty. The information contained in these materials has been obtained from sources that Simplify Asset Management Inc. believes to be reliable, but accuracy and completeness are not guaranteed. This information is only current as of the date indicated and may be superseded by subsequent market events or for other reasons. Neither the author nor Simplify Asset Management Inc. undertakes to advise you of any changes in the views expressed herein.
"How we can rearrange our economies to produce more equality and less anger"
Una invitación a leer “Angrynomics”, o la economía alrededor de la rabia.Lee el artículo aquí: https://jugo.pe/rabia-en-el-dia-del-amor/Suscríbete a Jugo y espía EN VIVO cómo se tramó este artículo!Nuestros suscriptores pueden entrar por Zoom a nuestras nutritivas —y divertidas— reuniones editoriales. Suscríbete aquí.Haz click aquí para seguirnos en TwitterHaz click aquí para seguirnos en Facebook Haz click aquí para seguirnos Instagram
Mark Blyth is the Carl Sagan of economics. Making the topics that usually cause our eyes to glaze over understandable, and approachable, dare I say, even fun. In 2016 a Political Economist and the Director of the William R. Rhodes Center for International Economics and Finance, within the Watson Institute for International and Public Affairs, at Brown University predicted that Donald Trump would win the Presidential election. Despite the fact that nearly every poll and the broadly held belief in political circles was that Clinton would win in a rout . . .That lone voice was the voice of Mark Blyth.At the time, economists and pundits both looked at Blyth's prediction as a humorous anecdote they could toss into their various presentations about the upcoming election. They soon would be consuming large quantities of CROW.In the aftermath of the election of Donald Trump, Blyth was seen as prescient and his theories that wove together economics and historic trends and precedents were suddenly highly sought after.To Blyth, the growing disparty of wealth was a potent driver in the growing divisions infecting the body politic and a systemic existential threat to democracy. But Mark Blyth had not only seen the danger ahead. As they say these days - he brings the receipts.
The Ordinary Elite is a Scottish podcast series brought to you from Glasgow by John McGovern and Mike Dailly. Both are Solicitor Advocates - John a criminal defence practitioner and Mike a civil litigation practitioner and social justice campaigner. In our seventh episode we talk with Mark Blyth, Professor of Political Economy at Brown University, a Ivy League university in Rhode Island, USA. Mark is author of many publications including ‘Austerity: the History of a Dangerous Idea' and 'Angrynomics'. We discuss inflation, interest rates, monetary policy, the UK housing crisis, economics, Brexit and Scottish independence - and Oor Wullie and the Broons!
Dr. Blyth earned his bachelor's in political science from the University of Strathclyde and went on to earn his master's and Ph.D. in political science from Columbia University. He has taught at multiple prestigious universities across America including Johns Hopkins University and Brown. He is an Eastman Professor at Brown's Institute for International Studies and is a William R. Rhoades scholar as well. He is the author of several books including "Angrynomics," "Great Transformations," and "Austerity." His recent focus has been austerity: its consequences, benefits, and fallacies. Together, the Henry George School joined Dr. Blyth to discuss the economic impact of austerity measures, its policy origins throughout history, and alternatives to debt reduction. To check out more of our content, including our research, visit our website: https://www.hgsss.org/
This is one of those episodes where we talk about EVERYTHING. Populism, Climate Change, Crypto Currencies, Inflation, GREENflation, Bad Carbon Politics, Prosecco , the success or failure of the Euro, why growth isn't evenly spread around countries and Scottish independence!We are bloody delighted to join us on the show this week Professor Mark Blyth. Mark is a Professor of International and Public Affairs at Brown University, and the director of the William R. Rhodes Centre for International Economics and Finance. Mark has written some fantastic books most notably, Austerity: The History of a Dangerous Idea, and Angrynomics. Mark is one of the authors that radicalized Andrew into politics, so it's safe to say he's pretty excited about this episode. Links Prosecco growers articlehttps://www.theguardian.com/commentisfree/2021/dec/31/politics-prosecco-democrats-joe-manchin-key-billFiona Hill "There's nothing for you here" https://blackwells.co.uk/bookshop/product/There-Is-Nothing-for-You-Here-by-Fiona-Hill/9780358574316climate shocks to US timber supply- Greenflationhttps://www.theatlantic.com/science/archive/2022/02/greenflation-prices-inflation-climate-change-coffee-lumber/621456/Shout outsJames Ashley Morrison- for his new book Englands Cross of Gold https://www.cornellpress.cornell.edu/book/9781501758430/englands-cross-of-gold/#bookTabs=1published by @CornellPressAdam Tooze@adam_toozeAdams Substack channel is a great resource. https://adamtooze.substack.com/p/chartbook-93-russias-720m-per-day?r=1nkgw&s=w&utm_campaign=post&utm_medium=webSupport the show
Mark Blyth is a Scottish-American political scientist. He is currently the William R. Rhodes Professor of International Economics and Professor of International and Public Affairs at Brown University. He is the author of several books, including Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century, Austerity: The History of a Dangerous Idea, The Future of the Euro, and most recently, Angrynomics in 2020.
Moisés Naím conversa con el prestigioso profesor de la Universidad de Brown, Mak Blyth sobre su nuevo libro "Angrynomics" o "La economía del enojo" Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
“People should not underestimate Donald Trump's abilities as a retail politician", says my guest today, fellow Brit-American Fiona Hill. "He knows how to connect with people, he knows how to get people riled up, he knows how to pit people against each other so that they can't push back against what he's doing”. Fiona is a Senior Fellow at the Brookings Institution and former deputy assistant to the president and senior director for European and Russian affairs on the National Security Council from 2017 to 2019. In November 2019, she testified in the impeachment trial of Donald Trump. In very personal terms, we discuss the class system and social mobility in the UK, and her childhood in the North East of England, which lost its economic heart as coal mining collapsed; as well as her experience in the Soviet Union and Russia, American academia, and the White House. Fiona compares and contrasts the authoritarian style of Trump and Putin (with some discussion of Erdogan too); the need for more aggressive social and economic policy for places devastated by the shift away from industry; and the real and present danger posed to so many nations by political populism. We conclude, as her book does, with a discussion of what we can do as individuals and our own communities to build a stronger infrastructure of opportunity. Fiona Hill Fiona Hill is a senior fellow in the Center on the United States and Europe in the Foreign Policy program at the Brookings Institution. She is a foreign policy expert on Russian and European affairs, and has served under three presidents: Donald Trump, Barack Obama, and George W. Bush. Hill is also a member of the Council on Foreign Relations and has held numerous positions directing research at Harvard University, where she obtained her PhD in History. More Hill Hill's book, There Is Nothing for You Here: Finding Opportunity in the 21st Century, is an exceptionally honest tale of dwindling opportunity in the UK and the US. You can read more of her work at Brookings, the New York Times, Foreign Affairs, and Politico Her testimony at Trump's first impeachment trial is also worth watching (starting at 3:08:43) Also Mentioned I mentioned Joseph Fishkin's book, Bottlenecks: A New Theory of Equal Opportunity, which if you haven't read by now, you really should! Fiona mentioned The Fifth Risk, written by Michael Lewis and Angrynomics co-authored by Mark Blythe. I quoted G.A. Cohen, “social justice isn't just found in structures and institutions, it's found in the thick of everyday life,” in his book If You're an Egalitarian, How Come You're So Rich? Fiona also mentioned the group Wider Circle and Dress for Success The Dialogues Team Creator: Richard Reeves Research: Ashleigh Maciolek Artwork: George Vaughan Thomas Tech Support: Cameron Hauver-Reeves Music: "Remember" by Bencoolen (thanks for the permission, guys!)
> Sign Up For Our Newsletter: http://www.firsthuman.com/being-human-newsletter/Why are measures of stress and anxiety on the rise when materially we seem to have it so good? This is a question that my guest this week, Mark Blyth has set out to discover.In his book Angrynomics, Mark explores the rising tide of anger and proposes radical new solutions for an increasingly polarized world.Mark is as entertaining as he is passionate, we talk:Why we're so angryThe failure of 'trickle-up' neo-liberalismThe golden opportunity that rich governments are not takingWhy inflation isn't the problemTowards a Capitalism 4.0Links:Angrynomics
> Sign Up For Our Newsletter: http://www.firsthuman.com/being-human-newsletter/Why are measures of stress and anxiety on the rise when materially we seem to have it so good? This is a question that my guest this week, Mark Blyth has set out to discover.In his book Angrynomics, Mark explores the rising tide of anger and proposes radical new solutions for an increasingly polarized world.Mark is as entertaining as he is passionate, we talk:Why we're so angryThe failure of 'trickle-up' neo-liberalismThe golden opportunity that rich governments are not takingWhy inflation isn't the problemTowards a Capitalism 4.0Links:Angrynomics
In part 2 of our interview with Professor Mark Blyth we focus on "Angrynomics" the book on the rise of populism and solutions to tackle its root causes which Mark co-wrote with Eric Lonergan.http://cup.columbia.edu/book/angrynomics/9781788212793https://www.amazon.co.uk/Angrynomics-Eric-Lonergan-ebook/dp/B0888SG7Y7/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=
A recent analysis by NPR comparing engagement-per-post between mainstream and conservative media outlets described 'outrage' as a business model. Books like The Outrage Industry and Angrynomics have explored some of the following themes that we can draw on.Is outrage a genre? What are its attributes? What roles do supply-side and demand-side incentives play? Prateek Waghre joins Rohan Seth to discuss.NPR article - https://www.npr.org/2021/07/19/1013793067/outrage-as-a-business-model-how-ben-shapiro-is-using-facebook-to-build-an-empireMisDisMal-Information edition on outrage: https://techpolicy.substack.com/p/outrage-against-the-machine-digitalMisDisMal-Information edition on the anatomy of online conflicts: https://techpolicy.substack.com/p/of-soscial-media-kindness-of-theIf these All Things Policy conversations interest you, consider applying for Takshashila's courses. Admissions are now open and the application deadline for our upcoming cohort is 28th August 2021.Find out about our courses over here - https://bit.ly/ATP-GCPPFollow Prateek Waghre on Twitter - https://twitter.com/prateekwaghre?s=11Follow Rohan Seth on Twitter - https://twitter.com/thesethist?s=11You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios or any other podcast app.
Matsyanyaaya: Technology and National Power— Pranay KotasthaneTo say that technology impacts geopolitics is to state the obvious. There are new books and articles written every day about how technology X might impact State Y’s politics. Yet, there are surprisingly few frameworks that precisely articulate the ways in which technologies can increase or decrease national power.It is for this reason that I found a recent CSET Report National Power after AI interesting. The central argument of the report is that major, widely used technologies — such as AI — alter the power of states and societies in a fundamental and non-linear manner. This means even previously disadvantageous factors that held a state back may become advantageous in the new setting. For example, the application of AI would require large and varied data points, favouring authoritarian states which already extract such information from their citizens.Keeping the AI angle aside, the report identifies three ways in which major innovations impact national power:“First, innovations introduce new elements of power. Major innovations, in changing how states generate power, can create new factors that must be considered in characterizing power. For example, the advent of railroads, internal combustion engines, and nuclear weapons dramatically increased the importance of a state’s access to steel, oil, and uranium, respectively. New factors, however, are not only limited to materials. They may also encompass characteristics of a society’s culture, organizations, or economic activities.”When we talk about technology and geopolitics, it is usually this first level of impact that’s being referred to. An example that comes to my mind is how ASML’s mastery over Extreme Ultraviolet Lithography (EUV) increased Netherlands’ national power and made it an important — even if unwilling — player in the ongoing US-China confrontation over semiconductors.“Second, innovations change the importance of existing elements of power. Major innovations also change the “coefficients” of existing elements of power, causing them to matter more or less than before. For example, Mongol light cavalry, modern navies, and ballistic missiles all changed how geographic barriers affected one’s balance of power with geographic neighbors, eroding the effectiveness of simple remoteness, oceans, and armies still in the field, respectively, as shields against coercive power. Industrialization meant the inventiveness of a nation’s scientists and engineers became more important.”At this level, the example that comes to mind is how the technology to blind a state’s satellite can reduce the military effectiveness of that state. “Finally, innovations alter states’ intermediate goals. Perhaps least obviously, major innovations sometimes broadly alter what policies states pursue, by making certain kinds of behavior more valuable or less costly. While states retain the same ultimate ends, such as securing survival and prosperity, the intermediate, instrumental goals they pursue to reach those ends may shift. This can drive dramatic changes in state goals and policies. For example, before the Industrial Revolution, potential productivity gains in areas like agriculture and manufacturing were small and stable; this made conquering territory a primary means by which one group could increase its wealth and security. During and after the Industrial Revolution, modern states could also pursue substantial military and economic growth by applying new technologies to increase productivity.”This is perhaps the least explored impact of technology. An example: in the current context, engaging in information warfare — both domestically and internationally — is one behaviour that states find tempting. This three-level framework is a good starting point for High-tech geopolitics. In subsequent editions, I’ll explore different facets of this argument.SiliconPolitik: What’s India Good at, Really?— Pranay KotasthaneWith so much talk around the semiconductor shortage, it is useful to analyse where India stands in this sector. With that intention, four of us got together to do a Strengths-weaknesses-opportunities-threats (SWOT) analysis of India’s semiconductor ecosystem. The result is a discussion SlideDoc that we think should be useful for policymakers and foreign policy analysts alike.Specifically, we find that:“India’s primary strength lies in its vibrant integrated circuit (IC) design ecosystem with a highly experienced talent pool. However, weak research & development (R&D) focus, prohibitive costs of acquiring intellectual property (IP), and limited start-up capital have inhibited the potential of local design houses.In semiconductor manufacturing, misplaced policies prioritising capital intensive leading-edge nodes have led to several false starts. The real opportunity for India lies in trailing edge node fabs and speciality fabs.Finally, in the absence of backward linkages with fabrication plants or forward linkages with Original Device Manufacturers (ODMs) or Original Equipment Manufacturers (OEMs), doing business in the Assembly, Testing, Marking & Packaging (ATMP) segment in India becomes prohibitively expensive.We recommend that India should strive to create a world-class fabless ecosystem by facilitating domestic design IP creation. The ATMP market is gradually becoming R&D intensive and the demand for product conceptualisation skills is increasing. India will have to align its skilling policies in alignment with the industry. Further, we suggest that India “looks outward” and leverages consortiums like the Quad to pool in resources, jointly invest, and conduct trade to obtain critical access to materials, technological know-how, and markets for semiconductors.”Do give the full document a read and send in your comments to us.If the content in this newsletter interests you, consider taking up the Takshashila GCPP in Technology Policy. It is designed for technologists who want to explore public policy. By the end of this course, you will be able to use a #ResponsibleTech framework to systematically understand the ethical dimensions of technology advancements.Intake for the 30th cohort ends on 28th August. To know more, click here.Antariksh Matters: Space Stations Edition- Aditya PareekCosmopolitik: Russia’s “Nauka” rocks the ISSRussia’s newest module for the International Space Station(ISS), Nauka(“Наука” in Cyrillic) was launched on 21st July. Nauka successfully docked with the Russian section of the ISS on 29th July but not without some high-octane series of events. An unexpected firing of Nauka’s thrusters, according to NASA, caused the ISS to “lose altitude control” or “tilt” to 540’. The situation was serious but not catastrophic or posed a danger to the ISS’s inhabitants.In simpler terms, the entire ISS spun “one and a half times” and ended up upside down, but with mitigation measures, in the end, it returned to its correct position.Other thrusters on Russia’s older Zvezda Module and Progress Cargo ship, which are also docked to ISS, tried to correct the spinning ISS until Nauka’s thrusters stopped firing -eventually setting things right without any loss to life or material.ROSCOSMOS, the Russian state space company, clarified that the unexpected, unintended firing of Nauka’s thrusters was due to a software glitch.The saga is interesting because earlier this year, Russia and ROSCOSMOS had publicly announced plans for their own separate space station and were contemplating quitting ISS by 2025. With Nauka in the picture, the latter is unlikely at least in the near future. Russia’s concern that the ISS is fairly old and may pose a risk to its crew, in the long run, is not unfounded. The risk can be gauged from the increased amount of upkeep and maintenance work on their modules in recent times.Nauka, true to its name, which in Russian literally means Science is a research module. According to this TASS report, the module will also soon house greenhouse facilities able “to grow plants on an industrial scale.”The Russian version of the same report naturally has more details and is worth checking out with even a machine translation.Dragon in Orbit is a Soviet ImitatorIt is also important to note that, earlier this year, China put into orbit its first module called Tianhe for its separate space station dubbed Tiangong. Tiangong is significantly smaller than the ISS, and much more comparable to the former Soviet space station Mir, both in form and function - especially the module by module assembly in orbit aspect.Cyberpolitik #1: Outrage against the machine-Prateek Waghre‘Outrage as a business model’ that’s the headline from a recent article investigating The Daily Wire’s use of Facebook ‘to build an empire’ [Miles Parks - NPR]. The article demonstrates that The Daily Wires receives significantly higher engagement per Facebook post than mainstream outlets like The New York Times, The Washington Post, NBC News, CNN and Fox News, as well as conservative non-mainstream counterparts like Breitbart News, The Blaze and The Western Journal (in general, as per the article, conservative non-mainstream counterparts receive higher engagement on Facebook than mainstream sources)One quote, in particular, got my attention:“ (The Daily Wire) has turned anger into an art form and recycled content into a business model.”Some insights on outrage as a business model can be gleaned from The Outrage Industry by Jeffrey M. Berry and Sarah Sobieraj. They define outrage as a genre (it was first published in 2013, so the focus, understandably, is on talk radio, tv news and blogs).They distinguish it from emotion (emphasis added):“What distinguishes this type of discourse is not that it seeks to evoke emotion in the political arena. On the contrary, emotional speech has an important place in political life, and many emotional appeals are not outrageous. What makes outrage distinctive are the tactics used in an effort to provoke the emotion.”And incivility:“outrage is incivility writ large. It is by definition uncivil but not all incivility is outrage. Rude behavior such as eye-rolling, sighing, and the like are not outrageous because they do not incorporate the elements of malfeasant inaccuracy and intent to diminish that characterize outrage.”So, what it is then? They identify some attributes:Has a discursive style to elicit reactions through ‘overgeneralisation, sensationalism, misleading/inaccurate information, ad hominem attacks, and ridicule’. It favours “melodrama, misrepresentative exaggeration, mockery, and hyperbolic forecasts of impending doom” over nuance.Personality centred where the voice of other participants take a back seat to a single dominant voice whose worldview drives things forward.Reactive in the sense that such content often starts out as a ‘response’ to events that need to be ‘unpacked’ or ‘reinterpreted’.Ideologically selectiveness follows from 3 in that the dominant actors from 2 can choose/define what they react to.Engaging since it is essentially a performance.Marked by ‘internal intertextuality’, i.e. outrage content producers frequently refer to one another.Rely on oversimplification to communicate.Pause here for a second and think about how much content we come across today checks many of these boxes, even the things we agree with.What’s changed between the past and now? The increase in the number of ‘venues’ where one can express outrage, speed of circulation and the interplay between mainstream news and outrage venues which react and respond to each others’ reporting.They also stress the supply-side of outrage-driven content, the changed dynamics of which are attributed to the fragmentation of audiences. In a public sphere with few venues, the incentives of content producers are (generally) to offend the least amount of people possible. In a fragmented public sphere where the aim is to reach ‘niche’ audiences, that may no longer apply (bullets added).“structural changes we describe have rendered outrage politically and financially profitable, whether those profits appear in the form ofincreased advertising revenues (linked directly to ratings and traffic)fundraising dollarspolitical support, coming in the form of votes, increased support for policy positionsincreased membership in advocacy groups.”Put another way, tribalism (of a certain kind) seems to bring profits for outrage-driven content producers. Note: they do clarify that fragmentation is not the only factor - social, cultural and political forces also shape what kind of content is ultimately financially profitable. But, there is a demand-side to it as well (that doesn’t absolve supply-side actors). In Angrynomics, Eric Lonergan contends that there are 2 sides to ‘public anger’ - moral outrage and tribal rage :Moral outrage: The positive form which seeks to draw attention to a problem that needs to be fixed.Tribal rage: Negative form that wants to dominate, suppress or destroy.(the fascinating bit about this distinction is that even the acts classifying displays of public anger as moral outrage or tribal rage are not going to be independent of tribal or partisan considerations)Here too, there is a stress on (a subset of) supply-side actors:“cynical politicians effortlessly play on both forms of anger to garner support.”One can reasonably argue that it is no longer just politicians who do this.On why outrage works, Berry and Sobieraj say:“It works because its coarseness and emotional pull offer the “pop” that breaks through the competitive information environment, and it works because it draws on so many of our existing cultural touchstones: celebrity culture, reality television, a two-party system, as well as the conventional news and opinion to which those in the United States have become accustomed”They also refer to the collapse of local news, which is fairly common in any literature that tries to make sense of our fraying social norms [Sample: Murtaza Hussain - The Intercept, or the U.S. Antitrust Subcommittee Report]. Yet, not all of these will make sense in every context. In India, we’re certainly not a two-party polity, and while there is concern about the viability of news media business models, the specific role of ‘local news outlets’ seems to be underexplored (also, how does one define local, city-level? state-level? based on language?). So while I’m not sure I agree with all the attributes listed in the last quote, I do agree with this:“Recognizing the economic underpinnings of the genre is vital for a more complete understanding of its prevalence, as these insights advance our ability to recognize the phenomena as culturally and politically dependent, but not reducible to culture or politics. Without this lens, the repetition of outrage discourse across media platforms can be read erroneously as an indicator of a landmark shift in political orientation on the part of the audience or of profound cultural intolerance and insularity.”They do list 2 caveats of sorts, though:It isn’t necessary that advertisers will dictate content choices. In fact, they frame this as a ‘narrow view’ (while it probably holds true for most advertisers, but there is scope to consider how it can impact choices/incentives when there is a heavy dependency on a subset of advertisers).Commercially driven media will not always lead to adverse outcomes for democracy. Rather they are indifferent to it (a recent paper advocating for the study of collective behaviour affected by digital communication networks [see Technopolitik 5, Cyberpolitik #2] to be considered a “crisis discipline” made a similar point about the indifference of business models).This post is adapted from MisDisMal-Information 46Biotechpolitik: AlphaFold - AI for protein folding-Ruturaj GowaikarDeepMind, the AI arm of Google, made codes for its neural network ‘AlphaFold’ available to the public in July 2021. By doing this, a powerful AI tool to predict protein folding has become available to the global scientific community. DeepMind was a British tech startup that Google acquired. It shot to fame when one of their neural networks, AlphaGo, beat the European champion at a strategy-based board game called ‘Go’. AlphaFold, another product of DeepMind, is a computational proteomic toolset to complement the genomic revolution of the last two decades, during which DNA sequencing had become cheap, fast, and accurate. However, the determination of protein folding from the corresponding DNA sequence using conventional methods continues to be a laborious and expensive process. Various computational methods were being used to address this issue. DeepMind, using its expertise in neural networks, has provided the global scientific community with one of the fastest protein folding prediction tools. It can predict protein folding in a matter of hours to days, a significant improvement from the years it took previously using physical methods. Solving the protein folding problemProteins are the molecules responsible for all biological activities, from lending structure to a cell to performing biochemical reactions. A protein is made up of several linear chains of amino acids called polypeptides. This sequence of amino acids can be easily inferred from the corresponding DNA sequence of its gene. But this data is of relatively little value as what determines the function of a protein is its unique 3D structure. Predicting protein structure is challenging as a polypeptide chain can theoretically fold onto itself in 10300 ways. Moreover, two polypeptides can interact with each other to form even more complex structures. Therefore, predicting protein structure from a linear amino-acid sequence is a computationally challenging problem. Given the lack of advanced computational tools, researchers have resorted to experimental techniques like X-ray crystallography, cryo-electron microscopy, and Nuclear Magnetic Resonance (NMR). These techniques require specialized equipment and are time-consuming. AlphaFold is an algorithm that predicts the final protein structure using deep learning models. It uses a two-step approach. In the first step, two deep neural networks were trained on roughly 100,000 proteins whose structures are already known. One neural network was trained to predict inter-amino-acid distances, while the other was trained to predict the angle of joints between consecutive amino acids. In the second step, a gradient descent algorithm was used to optimize these parameters to best match the results from the first step. The hardware running the two neural networks uses approximately 16 TPUc3s that is equivalent to 100-200 GPUs, a relatively modest hardware requirement.Along with the source code, DeepMind has also released structures of ~350,000 proteins predicted using AlphaFold. This includes all proteins encoded by the human genome and proteins of model organisms used in research. The protein database is being maintained in conjunction with the European Bioinformatics Institute (EMBL).SignificanceAvailability of the source code will enable researchers to develop the algorithm further, resulting in a reduction of the time required to predict protein folding. The cost of such research will also reduce significantly as sole reliance on physical techniques currently being used will fall. However, physical and experimental techniques will still be required to validate and confirm structures that AI programs like AlphaFold will predict.This development has more significance during the ongoing COVID-19 pandemic. Global genomic surveillance efforts have led to different strains of the coronavirus being identified. AlphaFold can aid in identifying the corresponding changes in protein structure in these new strains. This can assist in the development of better vaccines and treatment protocols to specifically target these proteins. Some US universities have started using AlphaFold for such research. The other applications of computational protein predictions are to use this technique to develop novel proteins such as oil-degrading enzymes, heavy metal absorbing proteins etc., that are not produced by any living organisms. Such proteins can have applications in clearing out oil spills and efficient waste management. Cyberpolitik #2: Why 5G Standards Matter -Arjun GargeyasThe process of setting and influencing the industry standards for emerging technologies across the globe has become a strong geopolitical tool for aspiring global powers. With the ability to completely control future prospects in a specific technology, states lobby hard for the acceptance of their backed standards in order to have the upper hand in the global supply chains and development projects of the respective sector. The arrival of 5G technology coincided with the US-China trade war, which made 5G effectively the fulcrum of geopolitical and geoeconomic rivalry between the erstwhile Trump administration and the Chinese government. With China consistently increasing its presence in the leadership positions of the 3rd Generation Partnership Project (3GPP) subgroups, the organization responsible for setting international communication standards, its influence is clearly seen with the already confirmed Release 15 and Release 16 standards. This is most likely to continue into the Release 17 standards, which are expected to be out in early 2022. But the question is, does it actually matter to a country like India if its geopolitical rival, China, has a major say in setting these global standards or is it just hollow talk?One of the main reasons that China wants to assert itself in the race to set and influence the international standards in 5G technology is that the telecommunication industry in China has had to spend huge sums of money in royalty payments towards major Western technology companies who had patent rights to critical technologies in the 3G and 4G/LTE era. China’s telecommunication industry has effectively managed to gain the first-mover advantage in the 5G race. They are keen for their homegrown companies to set the next standards and essentially get the bulk of the Standard Essential Patents (SEPs) with respect to 5G technology. This will result in Chinese companies and the state generating a large sum of revenue through patent licensing and royalty payments which can then be used to fund R&D in critical technologies. The China Standards 2035 project being undertaken by the Chinese government is just an affirmation of the argument that this is indeed a priority and a fast-track route into achieving global superpower status. Should this concern India and other geopolitical rivals of China? If it should, what is the possible recourse we have? India has had to rely on standards in major technologies, mainly from Western countries. There has been a consistent effort by India to make its presence felt on the global technological standards stage, with 2020 showing a major breakthrough for the Indian telecommunication industry when it got the approval for a locally developed 5G standard from the International Telecommunications Union (ITU) named 5Gi. Now, the extent to which the 5Gi economically and geopolitically benefits India can be extensively debated. Still, the fact that India now views international standards in emerging technologies as a concrete area of geopolitical leverage shows the importance of the 5G (and other technology) standards. The hegemony of any country controlling critical technology standards like 5G will have major repercussions on the geopolitical stage. This might result in global supply chains concentrating in favour of whichever country has the necessary patents and has set the standards for using said technology. It is imperative that the discussion of international standards in critical technologies finds a place in every state's foreign policy. Our Reading Menu[Paper] Critical assessment of methods of protein structure prediction (CASP) — round x[Report] China Standards 2035 Project[Paper] The Geopolitics of 5G[Briefing] The Economist has a briefing on Open Source Intelligence and its impact on geopolitics. More on this in the next edition. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hightechir.substack.com
Mark Blyth is Director of the William R. Rhodes Center for International Economics and Finance.He's also the William R. Rhodes '57 Professor of International Economics and Professor of Political Science and International and Public Affairs.Mark's a political economist whose research focuses upon how uncertainty and randomness impact complex systems, particularly economic systems, and why people continue to believe stupid economic ideas despite buckets of evidence to the contrary. He is the author of several books, including Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century: Austerity: The History of a Dangerous Idea:The Future of the Euro (with Matthias Matthijs): and Angrynomics(with Eric Lonergan). In this,the first part of his interview with us,we focus on his perspectives on Scottish independence and the hard discussions we need to have both within the movement,and with the Scottish people.
Panelists Georg Link | Venia Logan Guest Patrick Woods Sponsor SustainOSS (https://sustainoss.org/) Show Notes [00:02:18] Patrick tells us about himself and his journey of what got him to where he is today. [00:08:00] We learn more about the foundations of The Orbit Model and what it looks like. Patrick explains the central components which are gravity, love, reach, and orbit level. [00:13:05] Patrick goes over the other prior models that community managers have used and compares it to this orbit analogy. [00:16:04] Venia asks Patrick to talk about how a person's interaction over time and the measurement, how that love decays can tell you where they are in that path. [00:23:21] Patrick fills us on the users of The Orbit Model and Georg wonders if he has some insights from the users of the Orbit Model, and if he's seen any pitfalls or success stories. [00:28:07] We learn from Patrick if he fosters conversations between communities and their community managers, and what kind of communities he sees The Orbit Model being applied to. [00:33:07] Georg talks about community health and how the CHAOSS project uses the metrics to understand the health of our open source communities. He wonders if The Orbit Model looks at it that way or if there's another way to look at it. [00:35:26] Patrick tells us about when the Orbit company started and building a product around it, and about the future of Orbit. [00:38:16] Find out all the different places you can find Patrick online. Value Adds (Picks) of the week [00:39:37] Venia's pick is a book called, Secret Formulas of the Wizard of Ads by Roy Williams. [00:40:43] Patrick's pick is a book called, The Culture Map by Erin Meyer. [00:42:11] Georg's picks are visiting your local library and a book called, Angrynomics by Eric Lonergan and Mark Blyth. Links CHAOSS (https://chaoss.community/) CHAOSS Project Twitter (https://twitter.com/chaossproj?lang=en) CHAOSScast Podcast (https://podcast.chaoss.community/) podcast@chaoss.community (mailto:podcast@chaoss.community) Patrick Woods Twitter (https://twitter.com/patrickjwoods) Patrick Woods Linkedin (https://www.linkedin.com/in/patrickjwoods/) Developer Love podcast (https://www.heavybit.com/library/podcasts/developer-love/) Orbit (https://orbit.love/) Orbit Blog (https://orbit.love/blog/) The Orbit Model-GitHub (https://github.com/orbit-love/orbit-model) Secret Formulas of the Wizard of Ads by Roy Williams (https://www.amazon.com/Secret-Formulas-Wizard-Ads-Williams-ebook/dp/B00284AZQU) The Culture Map by Erin Meyer (https://erinmeyer.com/books/the-culture-map/) Angrynomics by Eric Lonergan and Mark Blyth (https://www.agendapub.com/books/128/angrynomics) CHAOSScast Podcast-Episode 2-Social Currency Metric System (SCMS) (https://podcast.chaoss.community/2) Special Guest: Patrick Woods.
Listeners might remember last summer when we spoke with economist, hedge fund manager and co-author of Angrynomics, Eric Lonergan, about the radical steps he suggested needed to be taken by the US and the EU to prevent the worst economic damage of the COVID-19 pandemic hitting people who already feel left behind by their governments. So following our (Patron Only) podcast with Stephen Kinsella last week, we decided to ask Eric back on to tell us how he thinks that we are getting on. Unsurprisingly it's a mixed bag. We discuss the need to change the old economic mindset and to rip up the fiscal rules and Eric outlines how this can be done whilst creating a stake in society for everyone and tackling that polarisation and wealth gap. Another great conversation. Follow Eric on twitter @ericlonners Support us and get ad free podcasts and lots of exclusives at patreon.com/tortoiseshack
In this episode, Dr. Mark Blyth of Brown University discusses his most recent book, Angrynomics, with Forum Affiliate Morgan Wack. In just under an hour, Mark details everything from the history of capitalism and the causes of economic collapse to the rise of contemporary populism and the European Super League. By differentiating between public and private forms of anger, Mark provides a new framework for understanding the impact of discrepancies between lived experiences and economic talking points.
We dive into the fifth and final dialogue of Angrynomics and...alleviate our anger? Thanks for listening everyone!!! Music sampled from Kanye West and Kid Cudi - Reborn.
We dive into the fourth dialogue of Angrynomics and....redistribute our anger amongst ourselves? Music sampled from Kid Cudi - Just what I am.
We dive into the third dialogue of Angrynomics and....get angry ourselves? Music sampled from Jay Electric - Exhibit A
It's part 1 of our long-awaited inaugural book club. It's a long one, so buckle up settle in, and grab your book. We're talking about Angrynomics. In the episode, we mention a few resources. You can find the links below Gentzkow and Shapiro (2010) “What Drives Media Slant?” - https://web.stanford.edu/~gentzkow/research/biasmeas.pdf Jonathan Haidt “Righteous Mind: Why Good People are Divided by Politics and Religion” - https://en.wikipedia.org/wiki/The_Righteous_Mind Russ Roberts “The Numbers Game: The Paradox of Household Income” - https://www.youtube.com/watch?v=1DU2IT8rl6c
Americans have very good reasons to be angry. Hundreds of thousands of us are dead from the pandemic, stimulus checks are nowhere to be seen, our government serves the very rich and few else. So why are we upset about fictions like child slavery and blood drinking Satanists? Mark Blyth is one of the authors of Angrynomics, and he speaks with Jessa about moral outrage, the failures of representation, and whether Biden is as progressive as FDR. Support this podcast: http://patreon.com/publicintellectual http://jessacrispin.com
Stephen Vukovits is a senior here at ND majoring in economics and is the co-president of the Federal Reserve and Fiscal Policy Challenge Club on campus. Book Club Details The first rule of Book Club is to TELL EVERYONE ABOUT BOOK CLUB We're reading Angrynomics by Mark Blyth and Eric Lonergan We will have on some special guests to dive into the book Over the next 9-10 weeks we will be releasing episodes relating to the 5 parts of the book Episode 1 will cover the first two parts of the book
Last weeks conversation was so good and so important, I decided to make a compilation of the best bits of the conversation I had with Eric Lonergan. There are so many people who don't understand money, how it works, and how a government should and can react to a National Emergency, but ERIC is not one of those people. The co-author of the fantastic new book ANGRYNOMICS, has a fascinating perspective on all of these things. If you find any of what I do interesting, I think you should consider alot of what Eric is discussing in our full conversation in EP17. This is a new feature of the podcast, a shorter, more succinct version. If it works and is well received, it's something I will develop over the weeks and months ahead. If you want to sponsor a show, get in touch. conor@conordevine.com Look after yourselves and remember, do something everyday that makes you STRONGER and builds your immune system. CD
In this episode I get to speak to Hedge Fund Manager, Economist and writer Eric Lonergan, about all things MONEY related and also about his new book ANGRYNOMICS. In what is a super conversation, I get to ask Eric some really fundamental questions like 1. Where does money come from? 2. Who controls the money supply 3. Why are people so angry. It's a fascinating conversation which sets out why so many people feel so disenfranchised from society right now. This conversation is one of the most important I've had yet on the podcast. Eric is a very thoughtful, educated and articulate person, and I got so much myself from this conversation, alongside the value I got from the book. I hope you do too. In my thought for the week I recommend a new book for you, THE CHOICE by Edith Eger. Given the times we are in, my view is we need to do everything we can to BUILD UP our immune systems as everything going on right now is suppressing our very existence. The life story of Edith Egar, and how she turned the pain and trauma in her own life, into a strength, which allowed her to go on and achieve her own goals and aspirations in life. It's a truly inspiring book and what an incredible lady Edith is. Finally, please keep sharing the podcast, the feedback has been great, and I have some wonderful guests lined up over the next few weeks, so keep the feedback coming in. Have a great weekend all, and look after yourself and each other. CD
Rana Foroohar, Financial Times columnist and author (Don't Be Evil: How Big Tech Betrayed Its Founding Principles), and Mark Blyth, political economist and author (Angrynomics), join Paul Jay for a wide-ranging conversation about the deepening depression, inequality, and China. On theAnalysis.news podcast.
Late last week we did a Tortoise Shack Live Pod with Hedge Fund Manager, Economist and Co-Author of the new book Angrynomics, Eric Lonergan. We go into the differences between tribal anger and righteous anger and how sometimes anger is a very good thing. We dive into the some of the debates in the book around neoliberal capitalism and inequality, then we go into some of the key solutions Eric and his Coauthor, Mark Blyth suggest. This is a great listen. To hear the full version of this podcast, including the Q&A with our members, and to support these podcasts please go to patreon.com/tortoiseshack
A heady mix of precarious employment, stagnant wages, diminished opportunities and a contracting economic pie has pushed many people to the limit. This means how people experience the world and how politicians and spin doctors explain the world creates a mismatch and an anger – that is what the economists Eric Lonergan and Mark Blythecall call Angrynomics.
Welcome to our weekly Second Captains World Service taster menu: Ken covers Frank Lampard's magnificent leadership, Keir Starmer's defund the police stance and on Friday will discuss Man City Liverpool and Bruno Fernandes' impact at Man Utd. All-Ireland winning Clare hurler and Fulbright Scholar at Harvard Shane O'Donnell on Friday Night Lights and the burden of being a sports star at a young age. What is the function of anger and how has it become the most powerful emotional influence on our politics and economics? Ken talks to the author of Angrynomics, Eric Lonergan. And Irish sprinter Leon Reid, who grew up in England, first in a “crack den” with a drug addicted mother, then in foster homes, on how he finally found a stable home life with his adoptive mother Claire Russell. For the full feast of shows go to secondcaptains.com/join - no contracts, no obligations, no minimum sign up, just a fiver a month for access to all our archives, all new shows, Richie Sadlier's Player's Chair (Andy Cole, Luke Chadwick, Sean Dyche and many more), Ken's Politics Pods, The Book Club, all the breaking sports news, the big interviews, and maybe some day.... grunge week.
Eric Lonergan & Mark Blyth explain how anger put Trump into White House, led to Brexit and the Yellow Vests in France. And then discuss how negative interest rates allow societies to handle the root causes of all this anger and fear.
How are we going to address inequality and put the economy on a sounder footing? Today I talked to Eric Lonergan and Mark Blyth about their new book Angrynomics (Agenda Publishing/Columbia University Press, 2020). Lonergan is an economist and macro fund manager in London whose writings often appear in The Financial Times. Blyth is a political economist at Brown University who received his PhD in political science from Columbia University. Topics covered in this episode include: --An exploration of how the emotions of anger, fear and disgust animate both the long-term economic stresses in society and those brought on by the Covid-19 crisis. --What the differences are between moral outrage versus tribal outrage. --Descriptions of three, potentially viable and game-changing solutions, including among them a “data dividend” and the creation of national wealth funds like those in Norway and beyond. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his “Faces of the Week” blog, visit https://emotionswizard.com.
How are we going to address inequality and put the economy on a sounder footing? Today I talked to Eric Lonergan and Mark Blyth about their new book Angrynomics (Agenda Publishing/Columbia University Press, 2020). Lonergan is an economist and macro fund manager in London whose writings often appear in The Financial Times. Blyth is a political economist at Brown University who received his PhD in political science from Columbia University. Topics covered in this episode include: --An exploration of how the emotions of anger, fear and disgust animate both the long-term economic stresses in society and those brought on by the Covid-19 crisis. --What the differences are between moral outrage versus tribal outrage. --Descriptions of three, potentially viable and game-changing solutions, including among them a “data dividend” and the creation of national wealth funds like those in Norway and beyond. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his “Faces of the Week” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
How are we going to address inequality and put the economy on a sounder footing? Today I talked to Eric Lonergan and Mark Blyth about their new book Angrynomics (Agenda Publishing/Columbia University Press, 2020). Lonergan is an economist and macro fund manager in London whose writings often appear in The Financial Times. Blyth is a political economist at Brown University who received his PhD in political science from Columbia University. Topics covered in this episode include: --An exploration of how the emotions of anger, fear and disgust animate both the long-term economic stresses in society and those brought on by the Covid-19 crisis. --What the differences are between moral outrage versus tribal outrage. --Descriptions of three, potentially viable and game-changing solutions, including among them a “data dividend” and the creation of national wealth funds like those in Norway and beyond. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his “Faces of the Week” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
How are we going to address inequality and put the economy on a sounder footing? Today I talked to Eric Lonergan and Mark Blyth about their new book Angrynomics (Agenda Publishing/Columbia University Press, 2020). Lonergan is an economist and macro fund manager in London whose writings often appear in The Financial Times. Blyth is a political economist at Brown University who received his PhD in political science from Columbia University. Topics covered in this episode include: --An exploration of how the emotions of anger, fear and disgust animate both the long-term economic stresses in society and those brought on by the Covid-19 crisis. --What the differences are between moral outrage versus tribal outrage. --Descriptions of three, potentially viable and game-changing solutions, including among them a “data dividend” and the creation of national wealth funds like those in Norway and beyond. Dan Hill, PhD, is the author of eight books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). To check out his “Faces of the Week” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
Eric Lonergan, co-author (with Mark Blyth) of "Angrynomics", talks to Paul Adamson about the growing anger in our societies and how positive anger - moral outrage - can be harnessed to address inequality.