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Angrynomics

Angrynomics

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Rhodes Professor of International Economics at Brown University, to dwell about a form of anger, a moral outrage even, that has currently enveloped the world brining about in its wake, changes and trajectories that are both undesirable and welcome. Sensible fiscal policy anticipating recessions are also a fantastic idea, so that when a crisis does come around, no time is wasted in arguments and debate in turning things around. La era posterior a la Guerra fría se caracterizó por la pérdida de identidad política y la retirada de la política de grandes segmentos de la población, especialmente de los más perjudicados por los cambios económicos del período. A very well written and easy to read book which lays bare the anger that we often see in the masses today.

Without spoiling the pleasure of a fellow reader, I would let him/her be regaled by the authors themselves on the potentials and pitfalls of each version of the Capitalism Model. Throughout I found myself wishing that certain empirical claims were backed up with citation either because they seemed unintuitive, so I wanted to understand precisely what the evidence did suggest, or just because I'd like to understand that better. One of my favourites is the tablet analogy: tablets made by different companies will have different hardware and operating systems even if they are all tablets – you can’t run Apple’s operating system on a Samsung tablet without a lot of editing of the software.The primary essence of the work is captured and retold in the form of a measured, informed and nuanced deliberation between the authors themselves.

I also, as a social scientist but non-economist, found some of the jargon off-putting in the later chapters. Also, in the light of our current oil-shock-high-inflation-high-interest-rates-recession, their certainty about "where we are now" as justification for some of their policy ideas in dialogue 5 hasn't dated well. This became apparent during the 200’s and the doubling down on programs of austerity which were mindsets of a different era and ideas not tied to the current economic reality. The authors have made some interesting / daring suggestions which have actually been tested or proven wrong due to accelerated economic developments from covid, e.Countries with strong social safety nets like health care have less poverty and volatility than other countries. The authors, using a simple dialogue have captured the essence of what is essentially going wrong in economics and politics today. Lonergan's three requirements that a policy work, we achievable, and be something that has a hope in hell of happening, are sensible and straightforward.

but they didn't do the necessary reset, restructuring and reprogramming after the 2008 financial crash and we're stuck at the dead end of discredited Capitalism 3. As a fairly new and very much amateur enthusiast into the world of economic literature this is exactly my kind of book.Los humanos resultan mucho más exitosos cuando actúan en grupo, y ser parte de un grupo aumenta sus probabilidades de supervivencia. Muy apto para todo el mundo, me ha sido muy fácil de entender los conceptos básicos de los planteamientos económicos y lo más interesante soluciones que podrían aceptar las vieja polaridad de izquierda y derecha.



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