Blyth/Tooze: Why Europe’s Fragile Banking System is Being Pushed to the Brink
In this conversation, Professor Mark Blyth and Professor Adam Tooze explore Europe’s fragile banking system, the oddities of the British pound, as well as of Britain sovereign bonds (or “gilts”). They also discuss the blurring of the fiscal and monetary lines worldwide. They also explore how the ongoing pandemic is laying bare the hidden risks embedded within our financial systems and how central banks worldwide are scrambling to paper over those chasms of danger. Mark Blyth is the William R. Rhodes ’57 Professor of International Economics and Professor of Political Science and International and Public Affairs at Brown University. He is the author of “Austerity: The History of a Dangerous Idea” and the upcoming book “Angrynomics” with Eric Lonergan. Adam Tooze is the Shelby Cullom Davis chair of History at Columbia University and serves as Director of the European Institute.
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