Why the Economy Might be to Blame for the Rise in Ethnic Nationalism

Robert Shiller, a professor of Economics at Yale University, explains in a New York Times article why the weak global economy might be the reason we are seeing a rise in ethnic nationalism today:

Few people study economic growth statistics. But nearly everyone knows what they are being paid. If they realize that they are doing less well than their forebears, they become anxious.And if they can’t see themselves and others in their cohort as progressing over a lifetime, their social interactions often become angry, resentful, and even conspiratorial.

 

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