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Book Hack
The Economics of BelongingBy Martin Sandbu

In a Nutshell

Financial Times economics writer Martin Sandbu explains how economic insecurity has given rise to populism, and proposes changes that would restore a sense of belonging in the Western economy.

Favorite Quote

An economy – and a politics – that benefits some people and places while locking others out of prosperity is what the end of belonging means.

Martin Sandbu

Introduction

From the 2008 economic crisis to Brexit and the 2016 U.S. election, recent decades have seen radical societal and economic shifts across the Western world.

As societies feel more excluded from their national economic policies, right-wing politicians seem to be gaining support throughout Europe and North America.

Most of these politicians blame globalization and migration for their countries' economic downfall, but are these arguments valid?

Martin Sandbu is a Financial Times columnist and European economics commentator.

In his 2020 book, The Economics of Belonging, Sandbu proposes economic changes that would bring more security and social cohesion to the West without moving away from liberal democracy.

Here are the 3 key insights from this Hack

  1. 1.
    The Western model of social organization is facing a rise in inequality
  2. 2.
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  3. 3.
    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
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