How debt and speculation financed the suburban American dream and led to today’s inequalities
In the popular imagination, the suburbs are synonymous with the “American Dream” of upward mobility and economic security. After World War II, white families rushed into newly built suburbs, where they accumulated wealth through homeownership and enjoyed access to ... Show More
Sep 21
Calvin Schermerhorn, "The Plunder of Black America: How the Racial Wealth Gap Was Made" (Yale UP, 2025)
Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United St ... Show More
1h 4m
Sep 20
Susan Erikson, "Investable! When Pandemic Risk Meets Speculative Finance" (MIT Press, 2025)
Investable! When Pandemic Risk Meets Speculative Finance (MIT Press, 2025) by Dr. Susan Erikson presents a critical and sobering look at how international bankers and investors turn pandemics into investment opportunities, and what we stand to lose when we rely on “innovative fin ... Show More
35m 3s
Sep 20
Victoria Bateman, "Economica: A Global History of Women, Wealth and Power" (Seal Press, 2025)
How many female entrepreneurs, economic revolutionaries, merchants, and industrialists can you name? You would be forgiven for thinking that, until very recently, there were none at all. But what about Phryne, the richest woman in ancient Athens, who offered to pay to rebuild the ... Show More
56m 43s
Apr 2025
Mingwei Huang, "Reconfiguring Racial Capitalism: South Africa in the Chinese Century" (Duke UP, 2024)
In Reconfiguring Racial Capitalism: South Africa in the Chinese Century (Duke UP, 2024), Mingwei Huang traces the development of new forms of racial capitalism in the twenty-first century. Through fieldwork in one of the “China malls” that has emerged along Johannesburg’s former ... Show More
1h 5m
Aug 13
#477 – Keyu Jin: China’s Economy, Tariffs, Trade, Trump, Communism & Capitalism
Keyu Jin is an economist specializing in China's economy, international macroeconomics, global trade imbalances, and financial policy. She is the author of The New China Playbook: Beyond Socialism and Capitalism. Thank you for listening ❤ Check out our sponsors: https://lexfridma ... Show More
1h 57m
Aug 2024
Le Lin, "The Fruits of Opportunism: Noncompliance and the Evolution of China's Supplemental Education Industry" (U Chicago Press, 2022)
An in-depth examination of the regulatory, entrepreneurial, and organizational factors contributing to the expansion and transformation of China’s supplemental education industry.Like many parents in the United States, parents in China, increasingly concerned with their children’ ... Show More
1h 42m
Aug 23
How does China's system really work? This famous Chinese professor explains
How do China's government, political system, and socialist market economy actually work? How does China see democracy, the USA, and Donald Trump's trade war? Renowned Chinese scholar Zhang Weiwei explains the China model in this interview with Ben Norton. VIDEO with subtitles her ... Show More
29m 49s
Jan 2025
The Big 2025 Economy Forecast: AI and Big Tech, Nuclear’s Renaissance, Trump vs. China, and What’s Eating Europe?
Happy new year! And what better way to celebrate the freshly torn calendar page than by welcoming one of Derek's favorite writers to the show to tell us what's in store for the 2025 economy. Michael Cembalest is the chairman of market and investment strategy for JPMorgan Asset Ma ... Show More
1h 12m
Jun 2025
How Malaysia Did Economics Differently
Ever wondered how a small nation like Malaysia transformed from a colonial commodity hub into a Southeast Asian economic powerhouse? Nestled in the heart of global trade routes, Malaysia’s rise is a masterclass in leveraging geography, smart policies, and foreign expertise. But c ... Show More
17m 38s
Aug 2024
Why China Is Risking a Trade War
Faced with stagnating economic growth, Chinese leader Xi Jinping decided to go all in on manufacturing and exporting. But, as Lingling Wei reports, the increase in low-cost Chinese goods is squeezing businesses around the world and raising the specter of a new trade war.
Further ... Show More
19m 29s
Sep 2024
Thomas White, "China's Camel Country: Livestock and Nation-Building at a Pastoral Frontier" (U Washington Press, 2024)
China today positions itself as a model of state-led environmentalism. On the country’s arid rangelands, grassland conservation policies have targeted pastoralists and their animals, blamed for causing desertification. State environmentalism - in the form of grazing bans, enclosu ... Show More
1h 8m
Sep 24
China’s economy vs the world. With Michael Pettis
US President Donald Trump has railed against his country’s trade deficit with China. But as Chinese surpluses continue to flow into other countries, it’s worth asking how China got to where it is today, and whether Chinese growth can lift all boats. In this week’s episode, Martin ... Show More
33m 42s