Join economist and broadcaster Linda Yueh as she engages with Mark Blyth, a professor and co-author of 'Angrynomics', and Eric Lonergan, who dives into the economic aspects of anger. They tackle the reasons behind rising societal anger despite growing wealth, revealing the link between economic disparities and moral outrage. Their innovative ideas, such as a National Wealth Fund and the 'data dividend' concept, aim to balance wealth and empower individuals. With humor, they reflect on personal relationships and the constructive potential of anger.
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question_answer ANECDOTE
Trump's Manipulation of Anger
Trump recognized the Midwestern distress and claimed to be their voice.
He then pivoted to weaponizing this anger against other groups, like Mexicans.
insights INSIGHT
The Two Faces of Anger
Churchill's quote highlights how anger reveals character.
Public anger can be righteous, but tribal anger can be dangerous.
insights INSIGHT
The Cause of Angri-nomics
Angri-nomics stems from suppressed economic train wrecks and inadequate resets.
Populists act as flawed code writers for a broken system.
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In 'The Great Economists: How Their Ideas Can Help Us Today', Linda Yueh delves into the key thoughts of influential economists from Adam Smith to Robert Solow, examining how their ideas continue to shape economic policy and address contemporary issues such as globalization and economic growth. The book provides insights into how these economists' theories can help solve modern economic problems.
Angrynomics
Mark Blyth
Eric Lonergan
José Antonio Álvaro Garrido
In 'Angrynomics', Eric Lonergan and Mark Blyth explore the increasing levels of stress, anxiety, and anger despite economic indicators suggesting improvement. They distinguish between moral anger, which is a legitimate response to economic disparities, and irrational tribal anger exploited by populists. The authors propose innovative policies such as sovereign wealth funds, cash transfers to households, dual interest rates, and profit sharing to address these issues. The book also includes a postscript on the COVID-19 pandemic and its impact on societal anger and frustration.
Why are measures of stress and anxiety on the rise, when economists and politicians tell us we have never had it so good? While statistics tell us that the vast majority of people are getting steadily richer the world most of us experience day-in and day-out feels increasingly uncertain, unfair, and ever more expensive. In this week's podcast Professor Mark Blyth and Eric Lonergan speak to economist and broadcaster Linda Yueh about their new book 'Angrynomics', why the world feels so angry and how we can make things better. To find out more and buy Angrynomics the book click here: amazon.co.uk/dp/B0888SG7Y7/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1 ------------------------------ Intelligence Squared+. The world's best speakers. Your questions. £4.99 per month. Intelligence Squared+ will bring you live, interactive events every week on our new online platform. Just like at our real-life events, you’ll be able to put your questions to our speakers, vote in live polls and interact with other members of the audience. Your subscription will give you access to multiple events featuring the world’s top thinkers and opinion formers, including Thomas Piketty, Margaret Atwood, Clive Woodward, Thomas Friedman, Meera Syal and Paloma Faith. For a full list of Intelligence Squared+ events and to subscribe, click here: https://bit.ly/2yfYIfm
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