Eastman Professor of Political Economy Professor of Political Science and International and Public Affairs
Mark Blyth is a political economist whose research focuses upon how uncertainty and randomness impact complex systems, particularly economic systems, and why people continue to believe stupid economic ideas despite buckets of evidence to the contrary. He is the author of several books, including Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century (Cambridge: Cambridge University Press 2002, Austerity: The History of a Dangerous Idea (Oxford University Press 2013, and The Future of the Euro (with Matthias Matthijs) (Oxford University Press 2015)
Currently trying to stop talking about the macroeconomics of austerity but bad ideas never seem to go out of fashion so it's hard to stop. New projects on economic knowledge as a macro-structural property rather than as an individual property; why the Baby-Boomers constitute a threat to future prosperity and political stability; and why long and low inflation rates and interest rates are here to stay for much longer than we think.
“Capitalism in Crisis: What Went Wrong and What Comes Next” Foreign Affairs, Summer 2016
“Ideas and Historical Institutionalism.” Contribution to the Oxford Handbook of Historical Institutionalism (New York: Oxford University Press 2016) With Oddny Helgadottir and William Kring.
“The New Ideas Scholarship in the Mirror of Historical Institutionalism: A Case of Old Whines in New Bottles?” European Journal of Public Policy, December 2015.
“Just Who Put You in Charge? We Did: Credit Rating Agencies and the Politics of Ratings,” chapter for Alexander Cooley (ed.), Rankings and Ratings Organizations and Global Governance (Cambridge University Press 2015) (with Rawi Abdelal).
Matthias Matthijs and Mark Blyth (eds.), The Future of the Euro (New York: Oxford University Press 2015).
Spring 2016 PLCY 2235 – The Political Economy of Hard Policy Problems
Spring 2016 POLS 1415 – Classics of Political Economy
Fall 2016 POLS – Money and Power in the International Political Economy
Mark Blyth, professor of international political economy, comments on the effictiveness of the low-wage economy in the UK. “There’s no way for labor to push up wages since no one goes on strike anymore and the unions are weak."
Political economist Mark Blyth in an interview with Liberal Culture, "Poland will be fine. It’s not like the investments are going to stop going into countries outside the eurozone. You just have to convert it from one currency to another."
Mark Blyth in the Financial Times, "If US politicians really care about the future of their country they will invest more, not less, in the Chomsky trade. If they want to hand global technological leadership to China, they should keep going down the path they have chosen."
To understand how President Trump rose through the political ranks, one has to step back and see how globalization benefitted the wealthiest not only in the U.S. but throughout the world, Brown economist Mark Blyth discussed during CBS News' The Takeout.