Eric Lonergan, Mark Blyth
"With considerable sophistication and a good dose of humour, this book dissects the popular anger that has made our economics unsustainable and our politics dysfunctional. Lonergan and Blyth rightly call for a reset of our current model of capitalism. To their great credit, they also provide creative – and practical – ideas for moving forward." – Dani Rodrik, Harvard University
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 Angrynomics, Eric Lonergan and Mark Blyth explore the rising tide of anger, sometimes righteous and useful, sometimes destructive and ill-targeted, and propose radical new solutions for an increasingly polarized and confusing world. Angrynomics is for anyone wondering, where the hell do we go from here?
Introduction: from economics to angrynomics Dialogue 1 Public anger and the energy of tribes Dialogue 2 The moral mobs and their handlers Dialogue 3 Macroangrynomics: capitalism as hardware Dialogue 4 Microangrynomics: private stressors, uncertainty and risk Dialogue 5 Calming the anger: from angrynomics to an economics that works for everyone Conclusions
Eric Lonergan is a macro hedge-fund manager in London. He studied PPE at Oxford and has an MSc in economics and philosophy from the London School of Economics. He is the author of Money (2009/2014).
Mark Blyth is the William R. Rhodes ’57 Professor of International Economics at Brown University. He is the author of Austerity: The History of a Dangerous Idea (2013/2015).