Leonard Schapiro Lecture & Drinks Reception (10 April)


'What if Brexit, Trump and Grexit are Noise Rather Than Signal? Exploring the Politics of a Secularly Stagnant World’

Professor Mark Blyth, Brown University

Monday 10 April, 17.45 - 19.00 (Main Auditorium, Technology & Innovation Centre)

Sponsored by Government and Opposition 

Economists are puzzled by the seemingly permanent combination of long and low interest and inflation rates, falling productivity, and low investment. They have coined the term ‘secular stagnation’ to categorize this phenomenon, but have yet to develop an adequate theory of it. Drawing on Kalecki’s political economy and examining the EU and the US in comparative perspective, this talk develops such a theory and applies it to the current state of party politics and the EU. Doing so suggests that a ‘secularly stagnant’ world has a particular politics associated with it that is often mis-categorized as a rather amorphous ‘populism’ when it should in fact be seen more straightforwardly as the politics of creditor/debtor stand offs.

Mark Blyth is the Eastman Professor of Political Economy at the Watson Institute for International and Public Affairs at Brown University. His research focuses upon stability and change in complex systems, particularly economic systems, and why people continue to believe stupid economic ideas despite buckets of evidence to the contrary. He is the author of several books, including Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century (Cambridge: Cambridge University Press 2002, Austerity: The History of a Dangerous Idea (Oxford University Press 2013, and most recently, with Matthias Matthijs (eds.), The Future of the Euro (Oxford University Press, 2015). He has published articles in, inter alia, American Political Science ReviewComparative PoliticsInternational Studies Quarterly, World Politics, and the European Journal of Economics and Economic Policies. He is a regular contributor to the journal of the Council for Foreign Relations, Foreign Affairs.

Following the lecture there will be a Civic Reception Courtesy of the Rt Hon The Lord Provost of Glasgow at Glasgow City Chambers (Drinks and canapés sponsored by Government and Opposition). 

For further details on the office of the Rt Hon The Lord Provost of Glasgow click here