I happened to hear this gentleman interviewed on a public radio show ("To The Best Of Our Knowledge", produced out of the University of Wisconsin) while driving home from work this evening.
Since Professor Blyth seemed to be makling more sense than almost anybody else I've heard talk about the current financial crisis in several weeks, I'd thought I'd share this with those interested. I hope you will share any thoughts on his analysis.
Mark Blyth is a professor of International Political Economy at Brown University and faculty fellow at its Watson Institute for International Studies. He is writing "Austerity: The History of a Dangerous Idea," forthcoming from Oxford University Press in 2011.