logo
episode-header-image
Jul 30
1h 29m

What the Hell Does the Federal Reserve D...

ANDREW HEATON
About this episode

What is the purported aim of the Federal Reserve? Why is it independent, or shoot for 2% targeted inflation? In part one of our series on the Fed, Jeremiah Johnson of the New Liberal podcast joins to explain, discuss, and field objections.

Up next
Aug 6
Greg Lukianoff is Worried About Free Speech
Greg Lukianoff is the President of the Foundation for Individual Rights and Expression, and along with Nadine Strossen, is the author of "The War on Words: 10 Arguments Against Free Speech--And Why They Fail." 
1h 27m
Jul 31
But Gene Epstein Hates the Fed
Does the Fed achieve its own stated goals? What are underlying ethical or practical issues with it? Soho Forum founder and economist Gene Epstein joins to make the case against the Federal Reserve. The SoHo Forum: https://www.thesohoforum.org/ Uncut Gene Epstein interview on the ... Show More
1h 12m
Jul 23
How to Become Rich Serving in Congress
How can an unscrupulous person get elected to high office and make a buck by abusing public trust? To look into this matter we speak with former congressman (and former lobbyist) Scott Klug. 
1 h
Recommended Episodes
May 2024
Tavneet Suri on Universal Basic Income
Here's a thought experiment: You want to spend a reasonably large sum of money providing assistance to a group of people with limited means. There's a lot of ways you might do that with a lot of strings and safeguards involved, but what about just giving them money -- "get cash d ... Show More
21m 33s
May 2024
On Liberal Socialism: Results and Prospects
This week Jason and Kevin discuss the Liberal Socialism; what it is, where it comes from,  its impact on the development of the left, its prospects, and its limitations. What Is Liberal Socialism? https://www.liberalcurrents.com/what-is-liberal-socialism/ The Idea of a Liberal So ... Show More
1h 6m
Jun 2021
Karl Marx's Unique Theory of Social Classes
Brian and Prof. Wolff continue a series of discussions about the basics of Marxism — a method for understanding and changing  the world used by many of the great revolutionaries of modern history. Today, they discuss Karl Marx's theory of classes. Politicians of all stripes love ... Show More
32m 15s
Oct 2024
Exploring Political Theory: Liberal Socialism
Professor and author Matt McManus returns to the show to discuss his newest book, "The Political Theory of Liberal Socialism". Together they explore the major themes of the book, hash out the disagreements they have between revolutionary Marxism and democratic socialism, explore ... Show More
2h 11m
Jun 26
Is AI Productivity Worth Our Humanity? with Prof. Michael Sandel
Tech leaders promise that AI automation will usher in an age of unprecedented abundance: cheap goods, universal high income, and freedom from the drudgery of work. But even if AI delivers material prosperity, will that prosperity be shared? And what happens to human dignity if ou ... Show More
46m 45s
Nov 2024
Anne M. Whitesell, "Living Off the Government?: Race, Gender, and the Politics of Welfare" (NYU Press, 2024)
Who deserves public assistance from the government? This age-old question has been revived by policymakers, pundits, and activists following the massive economic impact of the COVID-19 pandemic. Anne Whitesell takes up this timely debate, showing us how our welfare system, in its ... Show More
31m 34s
Nov 2024
Anne M. Whitesell, "Living Off the Government?: Race, Gender, and the Politics of Welfare" (NYU Press, 2024)
Who deserves public assistance from the government? This age-old question has been revived by policymakers, pundits, and activists following the massive economic impact of the COVID-19 pandemic. Anne Whitesell takes up this timely debate, showing us how our welfare system, in its ... Show More
31m 34s
Jul 2024
EXTRA: Why Rent Control Doesn’t Work (Update)
A new proposal from the Biden administration calls for a nationwide cap on rent increases. Economists think that’s a terrible idea. We revisit a 2019 episode to hear why. SOURCES:Tommy Andersson, professor of economics at Lund University.Vicki Been, professor of law at New York U ... Show More
48m 22s
May 2019
Dividing the United States
Jim makes the case for universal basic income, takes a critical look at "poverty tourism" in South Africa and proposes splitting America up into different countries. Learn more about your ad choices. Visit megaphone.fm/adchoices 
22m 43s
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
55m 40s