greek riots

If one man in Stroud can find a viable alternative to powering cars over 150mph, surely the best brains in the country can work out how to pull Britain through the recession? Written like that, it sounds so simple, doesn't it? So, if there's a consensus that what we're doing now isn't working, what is the alternative? Certainly in Europe, the politicians haven't convinced the electorate that austerity is the way forward. Witness the general strikes in Greece and rioting in Spain. When there is no alternative, people take the law into their own hands.
Game theory, popularised to the wider public by the film 'A Beautiful Mind', offers a simple, yet extremely powerful, analogy to examine social interactions: the prisoner's dilemma.