<p>In this episode, Professor Thiemo Fetzer dissects how austerity policies since 2008 have reshaped society, fueled distrust in public institutions and sparked political upheaval (ultimately resulting in its influence over the EU referendum). He reveals surprising insights regarding how structural transformations, immigration incentives, and age demographics influence national identity and support for populist movements. </p><p></p><p>Professor Thiemo Fetzer <a rel="noopener noreferrer nofollow" href="https://www.trfetzer.com/" target="_blank">https://www.trfetzer.com/</a> </p><p></p><p>Did austerity cause Brexit? <a rel="noopener noreferrer nofollow" href="https://www.aeaweb.org/articles?id=10.1257/aer.20181164" target="_blank">https://www.aeaweb.org/articles?id=10.1257/aer.20181164</a> </p><p></p><p><b>Timestamps </b></p><p>00:00: Intro </p><p>00:39: Did Austerity Cause BREXIT? </p><p>19:09: Effects of the 2008 Financial Crisis </p><p>29:25: Implementation of Austerity (UK) </p><p>35:33: Thiemo’s Research Paper </p><p>44:35: How Benefits Recipients Affect the Economy </p><p>48:37: How the High Street Changed/Regional Identities </p><p>53:35: Regional Wealth Inequality in the United Kingdom 56:14: What Were the Alternatives to Austerity? </p><p>01:08:17: Effects of Ageing Demographics &amp; Generous Pensions </p><p>01:24:26: What Don’t We Understand About Austerity &amp; BREXIT? </p><p></p><p><b>Socials </b></p><p>TikTok: <a rel="noopener noreferrer nofollow" href="https://www.tiktok.com/@marginalbabble" target="_blank">https://www.tiktok.com/@marginalbabble</a> </p><p>Instagram: <a rel="noopener noreferrer nofollow" href="https://www.instagram.com/marginalbabble/" target="_blank">https://www.instagram.com/marginalbabble/</a> </p><p>X: <a rel="noopener noreferrer nofollow" href="https://x.com/marginalbabble" target="_blank">https://x.com/marginalbabble</a> </p><p>Bluesky: <a rel="noopener noreferrer nofollow" href="https://bsky.app/profile/marginalbabble.bsky.social/" target="_blank">https://bsky.app/profile/marginalbabble.bsky.social/</a> </p><p>Website: <a rel="noopener noreferrer nofollow" href="https://marginalbabble.co.uk/" target="_blank">https://marginalbabble.co.uk/</a></p>