TRIGGERnometry Can We Spend Our Way Out of Populism? - Mark Blyth
Jun 23, 2021
Mark Blyth, a political scientist and professor at Brown University, dives into the intricate world of global economics and political analysis. He discusses how COVID-19 has exacerbated wealth gaps and sparked debates on corporate tax reform. Blyth challenges traditional views on national debt in light of modern monetary theory, while also exploring the shifting political dynamics impacting the working class. He delves into escalating geopolitical tensions, particularly China's rising influence, and reflects on the future of power dynamics in a post-pandemic world.
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Pandemic Biases
- Political biases influence our interpretation of events, including vaccines and lockdowns.
- The pandemic revealed how partisan perspectives shape our understanding of reality.
Debt and Low Interest Rates
- Despite increased debt, low interest rates and long maturities make it cheaper to repay.
- Governments should consider issuing long-term bonds at low rates for infrastructure projects.
Commercial Real Estate Uncertainty
- The future of commercial real estate is uncertain due to remote work trends.
- Tech and platform-based companies may reduce office spaces, impacting related businesses.