After the 2008 financial crisis, and especially after the COVID pandemic of 2020, an increasing number of Americans are questioning the wisdom of unregulated markets and envisioning a more active role for the state. Scholars have coined a panoply of neologisms to capture this view of the political economy, including political scientist Steven Vogel’s “market ... Show More
Nov 20
Are Big Tech’s Regulators “Cowards”? ft. Tim Wu
<p>Did you know Amazon makes $37 billion <i>a year—</i>more than double the revenue of all the newspapers in the world combined—from its sponsored results alone? Yes, the same, spammy, sponsored results at the top of a search that bilk shoppers with fake or low-quality items and ... Show More
1h 2m
Nov 6
Why Economists Should Care About Inequality, with Branko Milanovic
<p>Recently, Bethany and Luigi joined economist and wealth inequality expert Branko Milanovic in front of a live audience at the Aspen Ideas Festival to explore how capitalism, democracy, and income inequality interact. Together, the three discussed the pervasiveness of income in ... Show More
46m 41s
Oct 30
Nobel Economist Reveals Why Economic Models Keep Failing Us, ft. Richard Thaler
<p>Standard economic theory informs how we think about business strategy and the economy and presumes that people are selfish, have well-defined preferences, and consistently make welfare-maximizing choices. In other words, we are rational. But what if that is not the case?</p><p ... Show More
45m 59s
Mar 2025
Ep105. Neoliberalism: The Ultimate Disorderer? With George Monbiot
Forget Christianity, Judaism, New Age Spirituality, and Buddhism, a new type of religion drives 21st century Western thought. It goes by the shadowy name of Neoliberalism: the commodification of everything; Markets and the private sector ascendent; The deliberate attempt to reduc ... Show More
53m 40s
Feb 2025
VULTURE CAPITALISM UNVEILED: Grace Blakeley on the Oligarchs' Grip on Our Economy
In this episode, Max and Nafkote interview Grace Blakeley, an economist and author, about the rise of oligarchy and the relationship between billionaires, corporations, and the state.Grace discusses the close relationship between the American political establishment and the billi ... Show More
24m 5s
Feb 2021
Episode 91, 'How to Save the World from Financialisation' with Grace Blakeley (Part II - A Green Future, Further Analysis and Discussion)
<p class="">'History has ended, and capitalism is the last man standing. The innovations and freedoms enjoyed by the Global North have shown that the free market is the only viable economic system; it is almost impossible to imagine a coherent alternative.'</p> <p class="">This w ... Show More
26m 59s
Oct 2024
Mark W. Geiger, "Floor Rules: Insider Culture in Financial Markets" (Yale UP, 2024)
Are financial markets lawless and irrational? It may seem that way from the outside, but for market insiders there are multiples sets of rules that they break at their peril.
Official rules set by law or by the exchanges exist alongside unofficial rules, or floor rules. Between ... Show More
1h 13m