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On a slight tangent: I found Mark Blyth's book on Austerity really interesting. It helped me understand some aspects of the cause of the 2008 GFC. I'd like to understand what happened in the 1970's that caused the lurch towards what we have today, is there a book or a commentator as erudite and entertaining as Blyth on this subject?
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Jun 28, 2017 12:40
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MiddleOne posted:Look for books about the collpase of Bretton Woods and the aftermath of the second saudi oil crisis. There's been a lot of revisionism over time as in what actually happened during the stagflation years. Thank you!
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Jun 28, 2017 14:54
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Accretionist posted:I've seen a lot of angles on this over the years, but if you're interested specifically in why our wannabe oligarchs bought and repurposed conservatism... Thanks for this, very thorough. Would anyone recommend Great Transformations by Blyth for this or does he skip quickly through the causation?
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Jun 29, 2017 00:01
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Following the latest Mark Blyth video (a presentation and Q&A session alongside Michael Roberts), he mentioned that Portugal were doing fine despite being ran by socialist and communist parties. I had a look at some of their growth figures and found this in particular quite interesting. https://tradingeconomics.com/portugal/gdp-from-services Am I right in thinking that this just about the only way a country's economy can go in the present climate if they don't actually manufacture any thing?
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Jun 29, 2017 14:15
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