Jacopo Ponticelli and Hans-Joachim Voth have just published a CEPR Discussion Paper looking at the relationship between austerity and social unrest in Europe between 1919 and 2009.
Jacopo Ponticelli and Hans-Joachim Voth have just published a CEPR Discussion Paper looking at the relationship between austerity and social unrest in Europe between 1919 and 2009.
7 replies on “Austerity and social unrest since World War I”
I have seen this movie before………..
http://www.youtube.com/watch?v=yfDUv3ZjH2k
Austerity in 1919 when Herbert Hoover was head of a big food distribution project in Europe and in modern times when collective action is organisaed by groups such as public sector workers and farmers who have a lot more clout with politicians than individual private sector workers are surely different kettles of fish.
Michael Hennigan, have you even been paying attention? Farmers and public sector workers?! Maybe there’s no TV wherever you are.
@ ObsessiveMathsFreak
The thread is on a paper on the period 1919 – 2009, not specifically on what has been happening in the UK since last Saturday.
An article by Michael Spence Nobel Laureate on Stagnant policy, sluggish recovery.
http://www.theglobeandmail.com/news/opinions/opinion/stagnant-policy-sluggish-recovery/article2123097/
A unhealthy statistical fascination with CHAOS me thinks.
I think Siegfried was the ghost writer for this piece with Hans & Jacapo merely providing a necessary intellectual camouflage.
http://www.youtube.com/watch?v=-PigBBdrbhk
Excellent blog by (economics) Prof Bill Mitchell on the riots & the CEPR report:
http://bilbo.economicoutlook.net/blog/?p=15605#more-15605
(Prof Miychell is an advocate of MMT economics policies, particularly relevant to these is a Job Guarantee scheme.)