On Thursday, September 24, 2015 the EPIIC Colloquium had the pleasure of hearing from guest lecturer Mark Blyth on the topic of "Austerity and the Future of the Euro."
Mark Blyth is Eastman Professor of Political Economy and faculty fellow at the Watson Institute for International and Public Affairs at Brown University. He is based in political science but his research begs and borrows from multiple fields. He is particularly interested in how uncertainty and randomness impact complex systems, particularly economic systems, and why people continue to believe particular economic ideas despite buckets of evidence to the contrary. He was a member of the Warwick Commission on International Financial Reform that made an early case for macro-prudential regulation. He is the author of several books including Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century (Cambridge: Cambridge University Press 2002, and most recently, Financial Times Books of the Year (economics List) Austerity: The History of a Dangerous Idea (Oxford University Press 2013), which questions the return to prominence of financial orthodoxy following the global financial crisis.
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