Angrynomics by Eric Lonergan and Mark Blyth Summary
Overview of Angrynomics
"Angrynomics" dissects our global rage economy, distinguishing between moral outrage and tribal fury. Praised by IMF leaders for its prescient analysis, this timely work offers radical solutions like helicopter money and sovereign wealth funds. Why are we so angry - and can capitalism be rebooted?
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Key takeaways
The Economics of Our Collective Rage
Imagine a country that perfectly recovered from financial collapse, with rising wages and low unemployment-yet witnessed larger protests after recovery than during the crisis itself. This paradox played out in Iceland, where 2017 saw massive demonstrations triggered by the Panama Papers revealing elite tax evasion, despite the economy thriving. This pattern repeats globally: economic indicators improve while public anger intensifies. From France's Yellow Vests to Hong Kong's mass demonstrations, traditional metrics suggest prosperity while people feel increasingly betrayed by systemic inequities. When Barack Obama left office, he warned that democracy's greatest threat wasn't terrorism but "extreme economic inequality and stagnation." This observation proved remarkably accurate as waves of anger swept across the globe. What makes this exploration of economic anger compelling is its refusal to dismiss populist rage as irrational. Instead, it recognizes how legitimate grievances arise from an economic system that has fundamentally failed most citizens while enriching a select few.
Two Faces of Anger: Moral Outrage vs. Tribal Rage
The Political Weaponization of Anger
Powerlessness: The Root of Public Rage
The Stress Economy and Personal Anxiety
Solutions: National Wealth Funds and Direct Support
Reimagining the Nation-State for Common Good
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From Columbia University alumni built in San Francisco
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
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