When stockbroker Peter Hargreaves donated £3.2 million to the Leave.eu campaign, he explained his enthusiasm for Brexit as follows: “It would be the biggest stimulus to get our butts in gear that we have ever had… We will get out there and we will become incredibly successful because we will be insecure again. And insecurity is fantastic.” Intel co-founder Andrew Grove similarly argued in his book, Only the Paranoid Survive, that fear is essential for our political economy to function, spurring the pace of productivity and progress.
Does fear drive economic progress?
What the philosophy of emotion contributes to the Universal Basic Income debate
Issue 84, 8th January 2020
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Jeff Thorsen 19 August 2021
The economy is influenced by many factors. I think that not only fear affects economic progress but also unemployment. I wrote an essay on this topic. After visiting the website link I found out how unemployment affects many areas of life. Therefore, economic progress depends on many factors.
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