Economics

Maeve Conran / Connecting the Drops

About three years ago, flood waters rushed down the Big Thompson River through Estes Park and eastward to Loveland, destroying whole stretches of the river channel and adjoining roads. That flood echoed a similar one 40 years ago that killed 144 people, destroyed countless homes and decimated the riverbed. Now, roads are being repaired and the eco-system is slowly recovering. That recovery is crucial for the economy of local communities.

In the aftermath of the global financial crisis, countries around the world have moved to slash government spending and reduce national debt. Dr. Mark Blyth, professor of International Political Economy at Brown University, argues that this is exactly the wrong way to approach the problem of slow economic growth. Dr. Blyth is in town to speak at Colorado College, and he sat down with The Big Something’s Noel Black to discuss his latest book, “Austerity: The History of a Dangerous Idea”.