Can We Fix Angrynomics? Bold Ideas for a Fairer, Happier Economy

From Wealth Funds to New Monetary Tools: Turning Anger Into Action

What if anger could be harnessed for good? In 'Angrynomics,' Lonergan and Blyth argue that the answer lies in bold, collective action. Their top proposal is a national wealth fund: a public investment pool that grows over time and pays dividends to every citizen. This idea, already successful in Norway and Alaska, could help reduce inequality and give everyone a stake in the nation’s success.



But that’s just the start. The authors also call for monetary innovation. With traditional interest rates near zero, central banks can use new tools—like dual rates or direct investment in green projects—to stimulate growth and tackle climate change. Other ideas, drawn from global debates, include universal basic income, job guarantees, and universal basic services.

These policies are not just economic tweaks—they are ways to rebuild trust and restore hope. By making prosperity more inclusive and giving people a sense of security, they can transform anger into optimism.



As the world faces new challenges, from automation to climate change, these ideas offer a roadmap for a fairer, happier future.

References: IMF Book Review, Stumbling and Mumbling, Developing Economics