A simple explanation of the past two year's economy and our shaky future. A WatsonMedia video on the global trend toward Austerity budgets featuring Mark Blyth. Mark Blyth is a professor of International Political Economy at Brown University and is writing Austerity: The History of a Dangerous Idea, forthcoming with Oxford University Press in 2011. Directed by Joe Posner.

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vimeo.com/15061570