Recessions & politics (cont.)
Hans Peter Grüner has posted the paper that he and Markus Brückner wrote about the electoral effects of economic recessions to his website: here. It makes eminent psychological sense that a crisis might lead people toward conservative responses—a feeling of impending scarcity encourages selfishness, not generosity. It’s been ages since I read Erik Erikson, but as I recall the identity crisis, it leads the sufferer back to remembered moments of security and happiness, not toward an uncertain transformative future. That helps explain why immigrants are so often the target in an economic crisis:… Read More