Jeffrey Chwieroth, Andrew Walter, 15 November 2019

When there's a financial crisis, policymakers and politicians increasingly kowtow to the demands of an influential group: the global middle class. Jeffrey Chwieroth and Andrew Walter tell Tim Phillips how their Great Expectations are destabilising the world economy.

Jeffrey Chwieroth, Andrew Walter, 03 June 2019

The accumulation of mass financialised wealth has transformed the politics of banking crises. This column shows that the rising wealth of the middle classes has generated great expectations that their wealth will be protected by the government. As a result, democracies perform more financial sector bailouts and are also more financially fragile and politically unstable. 

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