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. The author proposes a few solutions to today's economic problems including creation of sovereign wealth funds, doing cash transfers to households, introducing dual interest rates to support small households and enterprises, perpetual zero interest loans from central banks, getting rid of austerity and the introduction of profit sharing for companies which reap huge profits from big data collection. La política ha descendido a la movilización táctica de las pequeñas minorías del electorado para ganar elecciones. 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.

Two of the significant changes were the shift in policy from a bias towards workers to a bias towards consumers. The book delves into why we, as a global society, have become angrier and are increasingly becoming sectarian.Chapter three is a gloriously accessible overview of political economy describing three incremental perspectives on capitalism, while also explaining the corresponding political structure too. The smart friends I managed to discuss these situations of such people with always get very angry "Those people should get educated, yadayada". They take Polanyi's idea that labour rebels against being thought of as a commodity, and that Keynes' response was to use govt spending to placate labour, but that this created the problem of full employment and the corresponding inflation of the 1970s. Countries with strong social safety nets like health care have less poverty and volatility than other countries. They fill out this core idea with pretty compelling analysis, together with an excellent history of how capitalism has evolved.

In recent years, the toxic sense that people are voiceless and action is futile has paralysed our democracies.

About the Author Eric Lonergan is a policy economist and author, with over twenty years' experience in financial markets.