Blyth Mark: Politika rezanja porošnje - Povijest jedne opasne ideje

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Politika rezanja porošnje - Povijest jedne opasne ideje

Blyth Mark

Summary

Mark Blyth: The politics of tax cuts, the history of a dangerous idea

In his highly praised and internationally noticed book, Blyth analyzes in a clear and well-argued manner the current economic policy in the European Union, at the core of which is the cutting of state spending, and explains why it has been completely missed in the current situation. The book provides an excellent framework for understanding the current economic and political problems in which Europe finds itself, and the Financial Times declared it the book of the year in 2013.

"Of all the misfortunes that arose from the global financial crisis, none was as easy to avoid as the idea that austerity was the only way out... Blyth breaks new ground by recounting the intellectual history of this failed idea, revealing to us how it managed to captivate economists and politicians. The fact that one of the most dangerous fallacies of the economic profession is so convincingly exposed by a political scientist, not an economist, points to the state of macroeconomics today."

Dani Rodrik, The J.F.K School of Government, Harvard University

"An important book. Blyth writes in the tradition of Keynes, rejecting orthodoxy and orthodoxy... The central irony of the financial crisis is this: although it was caused by overconfidence, borrowing and overspending, it can only be solved by more confidence, more borrowing and more spending. This is exactly what the doctrine of austerity denies, and this is what Blyth explains in his book more thoroughly than any other study I have come across"

    Lawrence Summers, Financial Times

 "One of the particularly good things about Mark Blyth's book is how he shows the rise and fall of the idea of "expansionary austerity", the claim that cutting consumption can actually lead to an increase in domestic of products..."

    Paul Krugman, The New York Review of Books


Mark Blyth (1967, Scotland) received his doctorate in political science in 1999 from Columbia University, and from 1997 to 2009 he taught at Johns Hopkins University. Since 2009, he has been a professor of international political economy at Brown University (one of the elite Ivy League universities). He is the author of the book "Great Transformations: Economic Ideas and Institutional Changes in the Twentieth Century".

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