How stereotyping increases during economic crises

By Alexander J. Stewart, Senior lecturer, University of St Andrews

It’s been almost exactly 15 years since Lehmann Brothers declared bankruptcy, marking the height of the financial crisis. Since then, we’ve entered the era of the “polycrisis” – where several catastrophic events are happening at once. We’re dealing with the aftermath of a pandemic, a war in Ukraine, extreme weather events, rising inflation and a food and energy crisis.

These events can be described as economic “shocks”, though the consequences may be drawn out for years. The key point about…

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