Did AUSTERITY Cause BREXIT? | Marginal Babble Ep.31 with Professor Thiemo Fetzer
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Did AUSTERITY Cause BREXIT? | Marginal Babble Ep.31 with Professor Thiemo Fetzer
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概要
In this episode, Professor Thiemo Fetzer dissects how austerity policies since 2008 have reshaped society, fueled distrust in public institutions and sparked political upheaval (ultimately resulting in its influence over the EU referendum). He reveals surprising insights regarding how structural transformations, immigration incentives, and age demographics influence national identity and support for populist movements.
Professor Thiemo Fetzer https://www.trfetzer.com/
Did austerity cause Brexit? https://www.aeaweb.org/articles?id=10.1257/aer.20181164
Timestamps
00:00: Intro
00:39: Did Austerity Cause BREXIT?
19:09: Effects of the 2008 Financial Crisis
29:25: Implementation of Austerity (UK)
35:33: Thiemo’s Research Paper
44:35: How Benefits Recipients Affect the Economy
48:37: How the High Street Changed/Regional Identities
53:35: Regional Wealth Inequality in the United Kingdom 56:14: What Were the Alternatives to Austerity?
01:08:17: Effects of Ageing Demographics & Generous Pensions
01:24:26: What Don’t We Understand About Austerity & BREXIT?
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