Since the financial crisis of 2008, there has been a malaise affecting a variety of people in the western world in particular millennials (see r/lostgeneration ) and people living in rural regions, groups that have been disproportionately affected by unemployment or underemployment. This could be driving polarization of the political landscape as desperate people are looking for solutions on the fringes.
As you and others have pointed out, it seems like the root causes of some these problems could lie in complex and technical macro economic forces rather than in the more typical political issues people like to point at.
As an economist, do you have any advice to help non economists understand the source of their ills better so that they can be in a position to ask for better solutions from their representatives?
BenE1 karma
Hi Prof. Sumner,
Since the financial crisis of 2008, there has been a malaise affecting a variety of people in the western world in particular millennials (see r/lostgeneration ) and people living in rural regions, groups that have been disproportionately affected by unemployment or underemployment. This could be driving polarization of the political landscape as desperate people are looking for solutions on the fringes.
As you and others have pointed out, it seems like the root causes of some these problems could lie in complex and technical macro economic forces rather than in the more typical political issues people like to point at.
As an economist, do you have any advice to help non economists understand the source of their ills better so that they can be in a position to ask for better solutions from their representatives?
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