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Watson Institute for International and Public Affairs

Mark Blyth

Washington Monthly Calls Blyth's Austerity "Essential Reading"

March 12, 2013

The Washington Monthly reviews Mark Blyth's forthcoming book, Austerity: The History of a Dangerous Idea in its March/April issue, calling it "essential reading." Blyth, who is professor of political science and faculty fellow at the Institute, brings an accessible, politically informed voice to a topic that is traditionally the province of economists. "The economy is much too important to leave to economists," writes reviewer Henry Farrell. "We need to understand how ideas shape it, and Blyth's new book provides an excellent starting point."

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Blyth in Bloomberg: "deal with the debt when we return to growth"

January 4, 2013

Mark Blyth, faculty fellow at the Institute and author of the forthcoming book Austerity: The History of a Dangerous Idea, explains that debate around revenue and spending should focus on growth, not deficit reduction. Speaking to a Bloomberg News reporter about the year-end fiscal cliff negotiations in Congress, Blyth suggests that "Democrats should have said to Republicans, 'You're the guys who created the debt. We'll deal with the debt when we return to growth. Get lost.'"

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Blyth Parses German Leadership in Eurozone Crisis

June 12, 2012

Institute Faculty Fellow Mark Blyth co-authored a piece in Foreign Affairs online defining the kind of leadership the Eurozone needs from Berlin. Writing with Matthias Matthijs, Visiting Assistant Professor of International Political Economy at the Johns Hopkins School of Advanced International Studies, Blyth says that Germany must recognize that the Eurozone crisis is financial, not fiscal and lead accordingly. Blyth and Matthijs conclude that: "It would be nice," they conclude, "to use an American expression, for Germany to step up to the plate and put its full economic weight behind a fiscal and a banking union, including euro-denominated sovereign debt."

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Blyth in USA Today on US-British Relationship

March 12, 2012

Institute Professor Mark Blyth commented on the waning importance of the "special" US – British relationship. "The policy elites in Britain would like to still believe there is a special relationship between the U.S. and Britain," Blyth observed, speaking in advance of President Obama's Wednesday meeting with British Prime Minister David Cameron. "The American focus has shifted toward Germany and the eurozone and away from the so-called special relationship with Britain."

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Blyth on Bloomberg: 2012 to Bring 'Austerity Binge'

January 3, 2012

Predicting a “combined austerity binge,” with 11 of the Eurozone’s 17 countries poised to slash their budgets in hopes of averting financial crisis, Institute Professor Mark Blyth today professed Europe’s austerity policies “not much of a solution.” In an interview on Bloomberg TV, he said, “We can’t all simultaneously cut our way to growth because someone has to be spending to maintain economic growth.”

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Blyth on Bloomberg: Monti's Honeymoon Over in Italy

November 14, 2011

Investors' honeymoon with new Italian Prime Minister Mario Monti is already over, but Institute Professor Mark Blyth said this morning on Bloomberg TV that this should come as no surprise. Trying to shore up confidence by bringing in a Euro-technocrat did not really address the real problem. "They're not facing a confidence problem, they're facing a liquidity problem," he said. "And the way you solve that is by having a lender of last resort, and that's what the European Central Bank doesn't want to be."

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