“The political aftermath of financial crises: Going to extremes” | VOX, CEPR’s Policy Portal

I was tempted to say “duh,” but a closer look at their research shows a much more nuanced finding that would not be obvious from a simple review of the history. What is particularly concerning to me is the fact that our instincts in the face of these crises (not just financial but security threats as well) are wrong. Our response usually makes things worse without solving the real underlying problems. When will we learn, a knee-jerk, fear based response is not the solution!

Source: The political aftermath of financial crises: Going to extremes | VOX, CEPR’s Policy Portal

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s