A video on the global trend toward Austerity budgets featuring Mark Blyth, the author of Austerity: The history of a dangerous idea (amazon.com/Austerity-The-History-Dangerous-Idea/dp/019982830X)

Directed by Joe Posner.

Produced by
Brown University's Watson Institute for International Studies (watsoninstitute.org) in association with the Global Conversation (globalconversation.org) and Global Media Project (globalmediaproject.net).

Mark Blyth is a professor of International Political Economy at Brown University and is writing "Austerity: The History of a Dangerous Idea," forthcoming from Oxford University Press in 2011.

Citations & More Information:

2 Trillion Dollar Hole
ft.com/cms/s/0/be8041b6-34fa-11de-940a-00144feabdc0.html

5-50% of GDP
imf.org/external/pubs/ft/spn/2009/spn0925.pdf

Wage Stagnation
workinglife.org/wiki/Wages+and+Benefits:+Real+Wages+(1964-2004)

More on balance sheets and recessions
amazon.com/Holy-Grail-Macroeconomics-Lessons-Recession/dp/0470823879

Credits:

Featuring Professor Mark Blyth
Directed by Joe Posner
Photography by Ian McAlpin
Co-Producer: Lindsay Richardson
Asst Camera: Phil Gara
Asst Animator: Emily Roberts
Music: Joe Posner

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