Economist Mark Blyth

You Really Can Save When You Spend (Especially When It Comes to Hotel Rooms)

Economist Mark Blyth, author of Austerity: The History of a Dangerous Idea, is a faculty fellow at the Watson Institute for International Studies at Brown University and professor of international political economy at Brown, where he directs the undergraduate programs in development studies and international relations. Before talking about why austerity never works, he explained in the Zócalo green room that his philosophy on booking hotel rooms is similar to his feelings about macroeconomic policy: One should always pay the extra $10.

The Stimulus-Sequester Seesaw

What Will Determine Whether Austerity Prevails?

Over the past year, the United States has seesawed from stimulus to sequester. Right now, we’re cutting spending in order to reduce the nation’s deficit, but in President Obama’s first …