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