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Pitchfork Economics with Nick Hanauer
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Pitchfork Economics with Nick Hanauer

Author: Civic Ventures

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Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.

100 Episodes
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How bad will this recession be? Why is Congress bailing out big corporations that had record profits last year? What would happen if stock buybacks were permanently eliminated? This week, Nick and Goldy answer your questions about the economy in the time of COVID-19.  Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
In his latest book, Nobel Prize-winning economist and New York Times columnist Paul Krugman argues that economics has been eaten from within by bad assumptions he calls “zombie ideas.” You’ve encountered these zombies before: the idea that cutting taxes creates growth, or that providing healthcare for an entire country is too expensive. This week, Krugman joins Nick and Goldy in the fight to win economic models back from the neoclassical undead. Paul Krugman is a professor of economics and international affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, he was the recipient of the Nobel Memorial Prize in Economic Sciences for his work on international trade theory. He is the author or editor of 23 books, including the recently published Arguing with Zombies: Economics, Politics, and the Fight for a Better Future. Twitter: @paulkrugman Arguing with Zombies: https://www.penguinrandomhouse.ca/books/625526/arguing-with-zombies-by-paul-krugman/9781324005018 Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Disaster Economics

Disaster Economics

2020-03-2432:42

As the world shelters in place from the coronavirus pandemic, an economic crisis is growing. This week, Nick and Goldy pull the curtain back on why trickle-down has made us extra vulnerable to disasters like COVID-19. Our focus always, but especially now, should be on building a more resilient and inclusive economy that can actively protect people from ruin and tragedy. The only limit to our ability to address this crisis is our imagination and our willingness to act.  Further reading:  Hurricanes hit the poor the hardest: https://www.brookings.edu/blog/social-mobility-memos/2017/09/18/hurricanes-hit-the-poor-the-hardest/ Insult to Injury: Natural Disasters and Residents’ Financial Health: https://www.urban.org/research/publication/insult-injury-natural-disasters-and-residents-financial-health How natural disasters can increase inequality: https://www.pbs.org/newshour/economy/making-sense/how-natural-disasters-can-increase-inequality Poverty and Death: Disaster and Mortality 1996-2015: https://reliefweb.int/report/world/poverty-death-disaster-and-mortality-1996-2015 Poll: Nearly 1 in 5 Households Have Lost Work Because of Pandemic: https://www.npr.org/2020/03/17/817158521/poll-nearly-1-in-5-households-have-lost-work-because-of-pandemic Mnuchin warns senators of 20% US unemployment without coronavirus rescue, source says: https://www.cnbc.com/2020/03/18/mnuchin-warns-senators-of-20percent-us-unemployment-without-coronavirus-rescue-source-says.html Coronavirus shock will likely claim 3 million jobs by summer: https://www.epi.org/blog/coronavirus-shock-will-likely-claim-3-million-jobs-by-summer/ News clips from CBS News and ABC News Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
A budget is a moral document that reflects what we value and prioritize. But to most people, the budget-making process is convoluted and confusing. Budget expert Bob Greenstein joins Nick and Jasmin this week to explain how a budget is made, and how these mind-bogglingly huge numbers impact everyday life.  Bob Greenstein is the Founder and President of the Center of Budget and Policy Priorities, a nonpartisan research and policy institute that analyzes federal budget priorities. Greenstein is considered an expert on the federal budget and a range of domestic policy issues, including anti-poverty programs and various aspects of tax and health care policy.  Twitter: @GreensteinCBPP @CenterOnBudget Further reading:  Trump’s budget will wreak havoc on the American economy: https://www.cnn.com/2020/02/20/perspectives/trump-budget-economy/index.html 2021 Trump Budget Would Increase Hardship and Inequality: https://www.cbpp.org/research/federal-budget/2021-trump-budget-would-increase-hardship-and-inequality News clips from PBS NewsHour and Bloomberg Politics.  Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Why is right now the easiest time in modern history for the wealthy to get away with whatever they want? HuffPost reporter and fellow Seattleite Michael Hobbes joins Zach in the studio for a deep dive into his most recent article about white collar crime.  Michael Hobbes covers the new economy for HuffPost and is the co-host of the podcast “You’re Wrong About”.   Twitter: @RottenInDenmark @HuffPost Further reading:  The Golden Age of White Collar Crime: https://www.huffpost.com/highline/article/white-collar-crime/ Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Pretend every economic problem we’ve ever discussed on this podcast has magically been solved. What’s next? What are the economic problems that we’ll face a decade from now? This week, Nick and Goldy are joined by futurist Kevin Kelly for a conversation based on a voicemail left by Pitchfork Economics listener Cody from Florida. Thanks, Cody! You can call and leave us a voicemail, too—in fact, we would love it if you did! Our number is (731) 388-9334.  Kevin Kelly is Senior Maverick and co-founder at Wired. He has written for The New York Times, The Economist, Science, Time, and The Wall Street Journal among many other publications. His most recent book, The Inevitable: Understanding the 12 Technological Forces That Will Shape Our Future, is a New York Times Bestseller.  Twitter: @kevin2kelly Further reading:  The Inevitable: https://www.indiebound.org/book/9780525428084 Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
You can’t talk about philanthropy without mentioning Darren Walker. As the president of the Ford Foundation, Walker has been charged with reimagining one of the largest philanthropic endowments in the world. This week he joins Nick and Jessyn in a conversation about transforming philanthropy to meet the challenges of structural inequality. Darren Walker is president of the Ford Foundation. He chaired the philanthropy committee that brought a resolution to the city of Detroit’s historic bankruptcy and is co-founder and chair of the US Impact Investing Alliance. Before joining Ford, Darren was vice president at the Rockefeller Foundation.  Twitter: @darrenwalker  @FordFoundation Further reading:  From Generosity to Justice: https://www.fordfoundation.org/ideas/ford-forum/the-future-of-philanthropy/from-generosity-to-justice/ Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Democracy in Chains is required reading around the Civic Ventures office, and Paul is happy to explain why it’s earned must-read status. Listen, be convinced, go read!  Democracy in Chains: https://www.indiebound.org/book/9781101980965 Paul’s twitter: @paulconstant Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
We’re continuing the conversation about reimagining capitalism this week with Professor Steve Keen, one of the biggest names in alternative economics. What would society look like if we stopped believing in long-held economic fictions like meritocracy and the equilibrium system?  Steve Keen has spent his career working to develop an alternative, realistic economics. He is the author of Debunking Economics and the designer of Minsky, an open source dynamic modelling program that makes it possible for anyone to build and understand monetary models of the economy. He was one of the first economists to correctly predict the 2008 financial crisis and its causes.  Twitter: @ProfSteveKeen Steve Keen’s work is funded through Patreon: https://www.patreon.com/ProfSteveKeen Make sure you check out Majority.FM’s AM Quickie, the morning news podcast for progressives in the know: amquickie.com Further reading:  Debunking Economics: https://www.goodreads.com/book/show/10303367-debunking-economics---revised-and-expanded-edition Minsky download: https://sourceforge.net/projects/minsky/ Inequality, Debt, and Credit Stagnation: https://www.debtdeflation.com/blogs/2016/07/05/inequality-debt-and-credit-stagnation/ Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
On Tuesday’s episode, Anu Partanen mentioned the Finnish civil war, which divided the country between elite land-owners and the working class. That’s right up our pitchforks alley - so we called an expert, Finnish professor Tuomas Tepora, for a history lesson.  Tuomas Tepora is a lecturer in history at the University of Helsinki. His research deals with a wide variety of topics related to the cultural history of war and the history of emotions.  Twitter: @TTepora Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Contrary to popular belief, Nordic countries aren’t actually socialist! No, friends, the Nords are capitalists—but they pull it off much better than we do. To help re-imagine American capitalism, writers Anu Partanen and Trevor Corson join us this week all the way from Finland.  Anu Partanen is a journalist and the author of The Nordic Theory of Everything. The book debunks some of the most common myths about Nordic societies and discusses what the United States might be able to borrow from aspects of Nordic success in the twenty-first century. She has written for The New York Times and The Atlantic. Twitter: @anupartanen Trevor Corson is an award-winning author and editor. His articles and essays have appeared in The New York Times, The Wall Street Journal, The Atlantic, and many more.  Twitter: @TrevorCorson Further reading:  The Nordic Theory of Everything: https://www.indiebound.org/book/9780062316547 Finland Is a Capitalist Paradise: https://www.nytimes.com/2019/12/07/opinion/sunday/finland-socialism-capitalism.html What Americans Don’t Get About Nordic Countries: https://www.theatlantic.com/politics/archive/2016/03/bernie-sanders-nordic-countries/473385/ Capitalism Redefined: https://democracyjournal.org/magazine/31/capitalism-redefined/ Safe, happy and free: does Finland have all the answers? https://www.theguardian.com/world/2018/feb/12/safe-happy-and-free-does-finland-have-all-the-answers Make sure you check out Majority.FM’s AM Quickie, the morning news podcast for progressives in the know: amquickie.com Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Voicemails with Goldy

Voicemails with Goldy

2020-02-0714:21

Goldy’s in the studio today answering your questions! Up for debate this time: What’s the line between needing to budget more and just not making enough money? Will raising the minimum wage hurt small, rural businesses? And how is public opinion about the difference between worker and CEO pay changing?  Find Goldy on Twitter: @GoldyHA Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
The average family earning $25,000 a year in the U.S. spends about $2,400 on financial transactions. Whether it’s the astronomical interest rates of a payday loan or the costs that come with being unbanked, the extractive practices of the financial services industry are effectively keeping the poor in poverty. Lawyer and author Mehrsa Baradaran and economic mobility expert Cate Blackford join Nick and Steph this week to explain why banking while poor is so expensive, and what states can do to rein in the people who profit from it.  Mehrsa Baradaran is a professor of law at UC Irvine. She writes about banking law, financial inclusion, inequality, and the racial wealth gap. Her scholarship includes the books How the Other Half Banks and The Color of Money: Black Banks and the Racial Wealth Gap.  Twitter: @MehrsaBaradaran Cate Blackford is the Director of Outreach and Donor Development at the Bell Policy Center, where she leads the Financial Equity Coalition to eradicate systemic discrimination and hold financial predators accountable. She was the Co-Chair of the 2018 Proposition 111 campaign in CO to limit the interest lenders could charge on payday loans and eliminate fees from payday lending products, which passed with 75% of the vote.  Twitter: @catetiller @BellPolicy Further reading:  How the Other Half Banks: https://www.hup.harvard.edu/catalog.php?isbn=9780674983960 The Color of Money: https://www.hup.harvard.edu/catalog.php?isbn=9780674237476 If the U.S. Government Treated Poor People as Well as It Treats Banks: https://www.theatlantic.com/business/archive/2015/10/if-the-us-government-treated-poor-people-as-well-as-it-treats-banks/410614/ CO’s Prop 111 explained: https://coloradosun.com/2018/10/22/proposition-111-colorado-2018-explained/ Briefed by the Bell - Predatory Economy: https://www.bellpolicy.org/2018/09/10/predatory-economy/ How Do Payday Loans Work? https://www.incharge.org/debt-relief/how-payday-loans-work/ Make sure you check out Majority.FM’s AM Quickie, the morning news podcast for progressives in the know: amquickie.com Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Democrats used to be known as the party of the working people—so how did they get so off track? Who took over the party, and why? Author and professor James Kwak joins Nick and Paul in a blistering analysis of the decline of the Democratic Party, and explains how we can get it back on track.  News clips credit: C-SPAN, ProfGP, CNN  James Kwak is a professor at the UConn School of Law and the chair of the board of the Southern Center for Human Rights. He is the author or co-author of 13 Bankers, White House Burning, and Economism. His latest book, Take Back Our Party: Restoring the Democratic Legacy, is available for free online at The American Prospect. Twitter: @jamesykwak Read Take Back Our Party on The American Prospect:  Introduction - Restoring the Democratic Legacy: https://prospect.org/politics/take-back-our-party-restoring-the-democratic-legacy/  Chapter 1 - Their Democratic Party: https://prospect.org/takebackourparty/chapter-1-their-democratic-party/ Chapter 2 - Bad Policy: https://prospect.org/takebackourparty/chapter-2-bad-policy/ Chapter 3 - Bad Politics: https://prospect.org/takebackourparty/chapter-3-bad-politics/  Chapter 4 - Our Democratic Party:  https://prospect.org/takebackourparty/chapter-4-our-democratic-party/ Learn more about your ad choices. Visit megaphone.fm/adchoices
You’re probably aware of the term ‘NIMBY’, which refers to the folks who show up at their neighborhood meetings to fight development. The ‘Not In My Backyard’ argument is pervasive in urban and rural areas alike, and it’s notorious for impeding much-needed housing reform. This week, Paul recommends ‘Neighborhood Defenders: Participatory Politics and America’s Housing Crisis’, a book that dives into the NIMBY mind and explains the connections between these neighborhood defenders and America’s growing housing crisis.  Paul’s twitter: @paulconstant Neighborhood Defenders: https://www.cambridge.org/core/books/neighborhood-defenders/0677F4F75667B490CBC7A98396DD527A Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Every company you can think of has benefitted from a public investment. Whether it’s direct handouts through the tax code, government research efforts, or employee reliance on programs like EITC or TANF, taxpayers are subsidizing wildly profitable companies.  David Dayen, the executive editor of The American Prospect, and Financial Times associate editor Rana Foroohar join Nick and Zach to explain how we let corporate parasites get so out of control—and what we can do about it.  News clips credit: CNBC, KING 5, NPR, Democracy Now! Rana Foroohar is Global Business Columnist and an Associate Editor at the Financial Times. She is also CNN’s global economic analyst. She is the author of Makers and Takers: The Rise of Finance and the Fall of American Business and Don’t Be Evil: How Big Tech Betrayed Its Founding Principles and All of Us. Twitter: @RanaForoohar / @FT / @CNN David Dayen is the executive editor of The American Prospect. His work has appeared in The Intercept, The New Republic, HuffPost, The Washington Post, the Los Angeles Times, and more. His is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud.  Twitter: @ddayen / @theprospect Further reading:  Confronting the parasite economy: https://prospect.org/labor/confronting-parasite-economy/ Makers and Takers: https://www.ranaforoohar.com/makersandtakers How to Cure Corporate America’s Selfishness: https://newrepublic.com/article/150695/cure-corporate-americas-selfishness Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Up this week in listener questions: How much should you tip when you’re using a company credit card? What’s the difference between democratic socialism and the ideas we talk about? Who holds our national debt, and what does that even mean? And more!  Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
This fall, Naomi Klein joined the show to warn that economic orthodoxy may be the downfall of significant efforts against climate change like the Green New Deal and other big, sweeping reforms we need to combat it. Enjoy our full, unedited conversation with her.  Naomi Klein is an award-winning journalist and New York Times bestselling author. She is Senior Correspondent for The Intercept, a Puffin Writing Fellow at Type Media Center, and the inaugural Gloria Steinem Chair in Media, Culture and Feminist Studies at Rutgers University. Her most recent book, ‘On Fire: The (Burning) Case for a Green New Deal’, published worldwide in September, was an instant New York Times bestseller and a #1 Canadian bestseller.  Twitter: @NaomiAKlein Our website: http://pitchforkeconomics.com/ Our twitter: @PitchforkEcon Our instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
The American pharmaceutical industry is rigged to make a handful people fabulously wealthy while everyone else gets screwed over. Because of intricate patent laws, we pay double what people in 29 other rich countries pay. Experts and change-makers Priti Krishtel and John Arnold join Nick and Jasmin to explain how we got into this mess (Monopolies! Patent law!), and what we can do about it.  Priti Krishtel is the Co-Founder and Co-Executive Director of I-MAK, a global organization that works to increase access to lifesaving medicine. A 15-year veteran of the global access to medicines movement, she helped lead the movement to a pivotal moment in treatment access history with the passage of a health-friendly patent law.  Twitter: @pritikrishtel @IMAKglobal John Arnold is a former hedge fund manager who, with his wife Laura, now focuses on advocacy through their organization Arnold Ventures. Arnold Ventures has distributed more than $175 million in grants to over 80 healthcare nonprofit organizations, universities, and institutes with the ultimate goal to lower healthcare spending without compromising quality.  Twitter: @JohnArnoldFndtn Further reading:  It’s Time for Pharmaceutical Companies to Have Their Tobacco Moment: https://www.nytimes.com/2019/02/24/opinion/drug-prices-congress.html A Humira Prescription Costs $38,000 A Year Because Our Patent System Is Being Abused: https://www.huffpost.com/entry/opinion-humira-costs-patents_n_5bd0c893e4b0a8f17ef3961f How Big Pharma Reaps Profits While Hurting Everyday Americans: https://www.americanprogress.org/issues/democracy/reports/2019/08/30/473911/big-pharma-reaps-profits-hurting-everyday-americans/ Comprehensive Reform to Lower Prescription Drug Prices: https://www.americanprogress.org/issues/healthcare/news/2019/01/29/465621/comprehensive-reform-lower-prescription-drug-prices/ A Supreme Court victory for lowering drug prices: https://thehill.com/opinion/judiciary/385326-why-scotus-ruling-in-oil-states-v-greenes-energy-group-is-a-win-for-working How a billionaire couple greased the skids for Nancy Pelosi’s drug pricing bill: https://www.statnews.com/2019/11/26/laura-john-arnold-billionaire-greased-the-skids-for-drug-pricing-bill/ Billionaire Philanthropist John Arnold On Drug Prices: Congress Needs to Act: https://www.forbes.com/sites/denizcam/2018/11/29/billionaire-philanthropist-john-arnold-on-drug-prices-the-congress-needs-to-act/#b6097ee57a25 Millions in U.S. Lost Someone Who Couldn’t Afford Treatment: https://news.gallup.com/poll/268094/millions-lost-someone-couldn-afford-treatment.aspx Our website: http://pitchforkeconomics.com/ Our twitter: @PitchforkEcon Our instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
Nick and Goldy are back to answer more of your voicemails! They’re tackling questions about housing, what our economic theory is actually called, portable benefits for gig economy workers, and more. Enjoy, and happy new year! Resources:  https://www.core-econ.org/ TED Talk reading list: https://www.ted.com/talks/nick_hanauer_the_dirty_secret_of_capitalism_and_a_new_way_forward/reading-list?language=en TED Talk references: https://www.ted.com/talks/nick_hanauer_the_dirty_secret_of_capitalism_and_a_new_way_forward/footnotes?language=en Our website: http://pitchforkeconomics.com/ Our twitter: @PitchforkEcon Our instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer Learn more about your ad choices. Visit megaphone.fm/adchoices
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Comments (28)

ncooty

So what is Nick's rationale for leading his organization and hosting this podcast? Is it that he's rich, so he knows best? Why not just give the money to an organization working on these issues and let them hire the best people on merit (vs. him essentially hiring himself)? There's a good bit of truth in Goldie's jests, but they're nearly always laughed off rather than addressed.

Apr 6th
Reply

ncooty

It's unfortunate that seemingly all women--especially young women--on podcasts are afflicted with up-talk or vocal fry. Just speak normally.

Mar 29th
Reply

ncooty

Far too many glib misrepresentations of other views.

Mar 27th
Reply

ncooty

Ideas worth discussing, but with better analyses and more critical thought than is evident from the hosts. Also, given the premise of the podcast, it seems hypocritical for Nick to co-host (particularly with his occasional condescension) and to have started a new organization (with him at the helm) rather than supporting extant organizations.

Mar 27th
Reply

ncooty

The nervous laugh gets old.

Mar 26th
Reply

Roxanne Weaver

This episode won't play or download

Mar 24th
Reply (1)

Natalie Schreiber

this episode won't play

Mar 24th
Reply (2)

ncooty

It's too bad the female host has such vocal fry.

Mar 23rd
Reply

Natalie Schreiber

Philanthropy should not be allowed until the rich are paying their fair share. It's a way to white wash their reputations.

Feb 25th
Reply

Natalie Schreiber

#Bernie2020 🔥

Jan 28th
Reply

Ernie Roberts

I think the statement that retirees should give up their cruises needs to be clarified.

Oct 22nd
Reply (1)

Jason

MMT should be part of the new narrative.

Oct 10th
Reply

Terry Harris

This podcast is amazing. I've been binging it, thank you so much!

Oct 8th
Reply

Patricia Fletcher

great listen, love your show

Jul 18th
Reply (1)

Mark Powelson

Wow! Things I did know. Important stuff. Thanks!

Jun 24th
Reply

Atia Janssens

I remember when I was talking with my boss one time. he wanted me to visit a school for becoming a copywriter but you had to go to school during the day and work in the afternoon/evening. so there was no way to earn money during that time. where you worked for the programme paid for the school. so I would've to get the money for rent and living expenses from somewhere. he asked me "isn't there anybody on your family who could give you that money for two years" and I kind of gave him an incredulous look and said "no." that moment I felt the gulf between us, that he had grown up with so much financial support, he knew he could always count on someone to help out. my family was barely surviving, money for rent for 2 years was out of the question!

Mar 21st
Reply

Natalie Schreiber

Love this podcast!!!! Thank you!

Feb 26th
Reply

Natalie Schreiber

I love this podcast! Thank you for helping us all to re-imagine what our economy could look like!

Feb 19th
Reply

Natalie Schreiber

Bernie Sanders was a mayor 😀 #Bernie2020!

Feb 12th
Reply

E. Mehmet Kıral

Hi, the definition of a prosperous society as positively correlated with complexity and the number of solutions to human problems does suffer from similar problems as the GDP metric. Apple produces three models for each product at different price points whereas Dell might provide all the possible combinations perfecting their answer to your ever more refined demand. does that mean Dell produces so much more economic growth and prosperity because of this fact? or what about all the problems also caused. the smartphone caused so many good things but also caused societal isolation/social anxiety and electronic addiction. or cigarettes solves a problem of how to get our of work for ten minutes and have a discussion with your colleagues. I am a.mathematician and complexity is not what we strive for. we unify and simplify mathematical knowledge thus making it more easily transferable, reducing it's weight. does that mean we have undone some of the progress done by our previous researchers. similarly when a product comes that simplifies a production line, (which happens regularly) something that may have took a lifetime of apprenticeship is now learnable in three months. is that bad for economic growth?

Feb 3rd
Reply
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