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Tackling Populism: the 89ers and the battle for the future

Cottakis, Michael (2017) Tackling Populism: the 89ers and the battle for the future. LSE European Politics and Policy (EUROPP) Blog (14 Feb 2017). Website.

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Abstract

The Global Financial Crisis of 2008 caught economists by surprise – but not historians, writes Michael Cottakis. As many rushed to convey throughout the 2000s, the excessive risk-taking by banks in key sectors bore worrying resemblance to trends exhibited in the build-up to the 1929 Wall Street Crash. The information was available for those willing to listen. Yet bankers and chief economists chose to ignore any warnings and plough blindly on. A similar trip down memory lane would have been useful to policy-makers, in order to avert the far more serious political crisis that followed. Europe’s ‘89ers’ cannot make the same mistake: they must look to the past in order to understand, and ultimately address, today’s populist flare-up.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2017 The Author(s); Online
Divisions: LSE
Subjects: J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 22 Mar 2017 11:50
Last Modified: 30 Jun 2020 23:14
URI: http://eprints.lse.ac.uk/id/eprint/69961

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