The gap between the wealthy and havenots is ever higher, which is directly responsible for the increasing mistrust of the government-proposed solutions to various kinds of problems.

An accessible, logical and inspiring perspective on where we are at as a civilisation, and where we might go next which is uplifting and compatible with optimism! While I appreciate many of the observations and ideas proposed in this book overall I found it too cautious in its proposed solutions. The authors do not address the issues that may arise as a result of cross subsidization and cream skimming. While most economics books focus on the Western narratives, this book provides plenty of examples of situations in countries that may not be familiar to me. Yet over the last decade emotionally dysregulated financial markets have engendered a regression of quality of life standards, along with a crescendo of societal anger that has unfortunately fallen on the government’s deaf ears.

Blyth and Lonergan talk about the economic reasons people are so viscerally angry, how this anger is manipulated, and what can be done to allow the world to progress rather than head off a cliff in swift pulls in one direction or another. The first of these “helicopter money” mechanisms involves the Government taking advantage of zero to negative interest rates. Lonergan will be finishing a well articulated and engaging point on tribalism or inequality, when abruptly it feels, he is interrupted by Blyth who proceeds to ask an emotionless and canned question which removes any feeling whatsoever that this is a genuine dialogue. The framework isn't quite clear but he's implicitly accepting very conventional thinking on macro constraints (scoffs off MMT and the name Marx is used twice to emphasis what something is not) but since certain contingent factors are favourable today (low interest rates) we can do things we otherwise couldn't. They also draw out the inter-generational inequality underpinning the current instantiation of capitalism.

The proposed national wealth fund is a solid idea but the selling of our data suggestion is a bit frightening. These issues were often at odds with the requirements of an international financial system and the growth and strength of that system too often forced local political policies to kowtow to its needs or be bypassed and left out. And why we see the rise of nationalism everywhere when globalization, on average, has made us all richer. Angrynomics” is a very essential and relevant work especially considering the unprecedented times that we find ourselves in.When public anger casts aside its moral outrage in a positive form and begins forming exclusive ranks and groups, it takes on a more dangerous and devious shape. It provides a very justifiable template for the public angst that is influencing global politics and also lays down a platform for utilizing such angst to achieve measures that are in the general interests of humanity. The premise is simple enough … why with an increasing broad economic prosperity is there a growing unrest and feeling from segments of people that they have been left out, and why are those voices exerting such strength in the political sphere?

Would have given the book more stars but it is too brief and as such there was not enough room to provide clear explanations of the conclusions and solutions proposed.And so are the people who have not chose their upbringing or their skillset, the problem is that anger does not help us in the least and we haven't really got much time until the weather disruptions make it even more difficult to find the solutions that will be needed. The primary essence of the work is captured and retold in the form of a measured, informed and nuanced deliberation between the authors themselves. Son buenas conclusiones, con ejemplos reales de su implantación en mayor o menor medida, pero no hay utopías imposibles, ni partidismo sin autocrítica. I'm writing this review as someone who has never truly purchased a book to take a deeper dive on the state of our economy—aside from what I had to read in school to pass economics courses far too long ago.