Mark Blyth Books

The first thing we must do, before prescribing cures, is to diagnose the emotion itself. Not all anger is the same, and failing to recognize its types leads to confusion and missteps. In *Angrynomics*, we draw a crucial distinction between two forms: moral outrage and tribal anger. Moral outrage ari...

From Angrynomics

Once we recognize that anger signals systemic injustice, we have to ask: where does that sense of injustice originate? The answer lies in the deep structures of our economies. Over the past forty years, economic growth in advanced nations has become increasingly skewed. For most workers, real wages ...

From Angrynomics

To grasp why austerity persists, we must first understand where it came from. The idea traces back to classical economics, to thinkers like Adam Smith and David Ricardo, whose work reflected both moral philosophy and emerging market logic. For Smith, self-restraint and thrift were virtues in a comme...

From Austerity: The History of a Dangerous Idea

Under the gold standard, from the late nineteenth century up to the interwar period, austerity’s ideals became institutionalized. Currencies were pegged to gold, and governments were required to maintain fiscal and monetary stability to preserve the value of their money. This rigid framework meant t...

From Austerity: The History of a Dangerous Idea