Nick and Goldy answer more of your questions! What happens to current economic systems if world population growth goes to zero? Should I feel guilty for wanting my stocks to do well? What could be a good methodology to measure how progressive a tax is? And more!If you have questions for a future “Ask Me Anything” episode, leave us a voicemail at 731-388-9334.Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Nick and Goldy answer more of your questions! What happens to current economic systems if world population growth goes to zero? Should I feel guilty for wanting my stocks to do well? What could be a good methodology to measure how progressive a tax is? And more! If you have questions for a future “Ask Me Anything” episode, leave us a voicemail at 731-388-9334. Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Ask Nick Anything

Michael Lind

Today we’re talking about wages—specifically, how the widespread suppression of wages is destroying the American economy. Author, professor, and fellow traveler Michael Lind just published a new book titled “Hell to Pay” that argues America is in need of a revolution in the way we think about work and wages. Lind warns that if American worker power isn’t restored to its previous highs, there’ll be hell to pay. (Sounds a bit like “the pitchforks are coming,” doesn’t it?)Michael Lind is the author of more than a dozen books. He is a columnist for Tablet and has been an editor or staff writer for The New Yorker, Harper’s, The New Republic, and The National Interest. He’s one of the founders of the New America Foundation. He has taught at Harvard and Johns Hopkins and is currently a professor of practice at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin.Hell to Pay https://www.penguinrandomhouse.com/books/690656/hell-to-pay-by-michael-lind “Hell To Pay”: Michael Lind On A True Good Jobs Strategy https://www.forbes.com/sites/michaelbernick/2023/05/16/hell-to-pay-michael-lind-on-a-true-good-jobs-strategy/?sh=c4e0c584d160 Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Today we’re talking about wages—specifically, how the widespread suppression of wages is destroying the American economy. Author, professor, and fellow traveler Michael Lind just published a new book titled “Hell to Pay” that argues America is in need of a revolution in the way we think about work and wages. Lind warns that if American worker power isn’t restored to its previous highs, there’ll be hell to pay. (Sounds a bit like “the pitchforks are coming,” doesn’t it?) Michael Lind is the author of more than a dozen books. He is a columnist for Tablet and has been an editor or staff writer for The New Yorker, Harper’s, The New Republic, and The National Interest. He’s one of the founders of the New America Foundation. He has taught at Harvard and Johns Hopkins and is currently a professor of practice at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. Hell to Pay <a href="https://www.penguinrandomhouse.com/books/690656/hell-to-pay-by-michael-lind" rel="nofollow" target="_blank">https://www.penguinrandomhouse.com/books/690656/hell-to-pay-by-michael-lind</a> “Hell To Pay”: Michael Lind On A True Good Jobs Strategy <a href="https://www.forbes.com/sites/michaelbernick/2023/05/16/hell-to-pay-michael-lind-on-a-true-good-jobs-strategy/?sh=c4e0c584d160" rel="nofollow" target="_blank">https://www.forbes.com/sites/michaelbernick/2023/05/16/hell-to-pay-michael-lind-on-a-true-good-jobs-strategy/?sh=c4e0c584d160</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Wages need a revolution (with Michael Lind)

Isabel Estevez

Industrial Policy (IP) has dominated conversations in economic and political circles thanks to President Biden’s big investments in manufacturing, infrastructure, and working Americans. But according to today’s guest, development economist Isabel Estevez, the conversation around IP is too narrow. IP is not just about manufacturing and clean energy, she argues—smart IP also encompasses policies that improve outcomes for people, like reducing child poverty and cleaning our drinking water.Isabel Estevez is the Deputy Director of Industrial Policy and Trade at the Roosevelt Institute. She conducts research at the intersection of industrial and trade policy, with a focus on the transformation and decarbonization of heavy industries, such as steel and aluminum.Twitter: @Isabel_Estevez_Industrial Transformations https://www.phenomenalworld.org/analysis/industrial-transformations The American Industrial Policy Series https://rooseveltinstitute.org/think-tank/climate-and-economic-transformation/the-american-industrial-policy-series Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Industrial Policy (IP) has dominated conversations in economic and political circles thanks to President Biden’s big investments in manufacturing, infrastructure, and working Americans. But according to today’s guest, development economist Isabel Estevez, the conversation around IP is too narrow. IP is not just about manufacturing and clean energy, she argues—smart IP also encompasses policies that improve outcomes for people, like reducing child poverty and cleaning our drinking water. Isabel Estevez is the Deputy Director of Industrial Policy and Trade at the Roosevelt Institute. She conducts research at the intersection of industrial and trade policy, with a focus on the transformation and decarbonization of heavy industries, such as steel and aluminum. Twitter: <a href="https://twitter.com/Isabel_Estevez_" rel="nofollow" target="_blank">@Isabel_Estevez_</a> Industrial Transformations <a href="https://www.phenomenalworld.org/analysis/industrial-transformations" rel="nofollow" target="_blank">https://www.phenomenalworld.org/analysis/industrial-transformations</a> The American Industrial Policy Series <a href="https://rooseveltinstitute.org/think-tank/climate-and-economic-transformation/the-american-industrial-policy-series/" rel="nofollow" target="_blank">https://rooseveltinstitute.org/think-tank/climate-and-economic-transformation/the-american-industrial-policy-series</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

How Industrial Policy actually works (with Isabel Estevez)

Brendan Ballou

Over the last decade, private equity firms wiped out nearly 600,000 jobs in the retail sector by taking over and bankrupting major retailers like Toys R Us and Payless Shoes. But in that same time, private equity also destroyed companies in healthcare, housing, medicine, and many other industries that affect our everyday lives. Today’s guest, federal prosecutor Brendan Ballou, explains how we can stop private equity’s plan to pillage America.Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department's Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies.Twitter: @brendanballouPlunder: Private Equity's Plan to Pillage America https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103Private Equity is Out of Control and Looting America. This Prosecutor Says We Can Fix It. https://www.ineteconomics.org/perspectives/blog/private-equity-is-out-of-control-and-looting-america-this-prosecutor-says-we-can-fix-itWebsite: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Over the last decade, private equity firms wiped out nearly<a href="https://substack.com/redirect/7b883d7b-9b0a-4ca5-a89b-7679621e5631?j=eyJ1IjoiMTVxc2puIn0.6362iqn4Wf8tNFIrFevM9hnlBVDsaSfTcp_tgxPEuvE" rel="nofollow" target="_blank"> 600,000 job</a>s in the retail sector by taking over and bankrupting major retailers like Toys R Us and Payless Shoes. But in that same time, private equity also destroyed companies in healthcare, housing, medicine, and many other industries that affect our everyday lives. Today’s guest, federal prosecutor Brendan Ballou, explains how we can stop private equity’s plan to pillage America. Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department's Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies. Twitter: <a href="https://twitter.com/brendanballou" rel="nofollow" target="_blank">@brendanballou</a> Plunder: Private Equity's Plan to Pillage America <a href="https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103" rel="nofollow" target="_blank">https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103</a> Private Equity is Out of Control and Looting America. This Prosecutor Says We Can Fix It. <a href="https://www.ineteconomics.org/perspectives/blog/private-equity-is-out-of-control-and-looting-america-this-prosecutor-says-we-can-fix-it" rel="nofollow" target="_blank">https://www.ineteconomics.org/perspectives/blog/private-equity-is-out-of-control-and-looting-america-this-prosecutor-says-we-can-fix-it</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Private equity’s plan to pillage America (with Brendan Ballou)

Bharat Ramamurti

“Bidenomics” is closely aligned with many—probably even most—of the middle-out economic principles that we discuss on this podcast every week. Much to our surprise and delight, Joe Biden has become the first President in 40 years to reject trickle-down economics in favor of building the economy from the middle out, and the results speak for themselves: Since the pandemic began, America has seen the strongest growth of any leading economy in the world. The economy has added 13 million jobs, inflation has fallen for 12 straight months, and a recession is no longer on the horizon. National Economic Council Deputy Director Bharat Ramamurti returns to the show to explain why Bidenomics has been so successful.Bharat Ramamurti is the Deputy Director of National Economic Council (NEC) for The White House. He previously served as a Member of the Congressional Oversight Commission for the CARES Act, and as the Managing Director of the Corporate Power program at the Roosevelt Institute. Twitter: @BharatRamamurtiBidenomics is Working https://www.whitehouse.gov/briefing-room/statements-releases/2023/06/28/bidenomics-is-working-the-presidents-plan-grows-the-economy-from-the-middle-out-and-bottom-up-not-the-top-down The Transformation at the Heart of Biden’s Middle-Out Economic Agenda https://prospect.org/economy/2023-02-09-biden-middle-out-agenda Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

“Bidenomics” is closely aligned with many—probably even most—of the middle-out economic principles that we discuss on this podcast every week. Much to our surprise and delight, Joe Biden has become the first President in 40 years to reject trickle-down economics in favor of building the economy from the middle out, and the results speak for themselves: Since the pandemic began, America has seen the <a href="https://home.treasury.gov/news/featured-stories/the-us-economic-recovery-in-international-context-2023" rel="nofollow" target="_blank">strongest growth</a> of any leading economy in the world. The economy has added 13 million jobs, i<a href="https://www.whitehouse.gov/briefing-room/statements-releases/2023/06/13/statement-from-president-joe-biden-on-may-consumer-price-index/" rel="nofollow" target="_blank">nflation</a> has fallen for 12 straight months, and a recession is no longer on the horizon. National Economic Council Deputy Director Bharat Ramamurti returns to the show to explain why Bidenomics has been so successful. Bharat Ramamurti is the Deputy Director of National Economic Council (NEC) for The White House. He previously served as a Member of the Congressional Oversight Commission for the CARES Act, and as the Managing Director of the Corporate Power program at the Roosevelt Institute.  Twitter: <a href="https://twitter.com/BharatRamamurti" rel="nofollow" target="_blank">@BharatRamamurti</a> Bidenomics is Working <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2023/06/28/bidenomics-is-working-the-presidents-plan-grows-the-economy-from-the-middle-out-and-bottom-up-not-the-top-down" rel="nofollow" target="_blank">https://www.whitehouse.gov/briefing-room/statements-releases/2023/06/28/bidenomics-is-working-the-presidents-plan-grows-the-economy-from-the-middle-out-and-bottom-up-not-the-top-down</a> The Transformation at the Heart of Biden’s Middle-Out Economic Agenda <a href="https://prospect.org/economy/2023-02-09-biden-middle-out-agenda" rel="nofollow" target="_blank">https://prospect.org/economy/2023-02-09-biden-middle-out-agenda</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Bidenomics (with Bharat Ramamurti)

Zeynep Ton

Low pay is obviously terrible for workers, but a growing body of research proves that it’s bad for businesses, too. Smaller paychecks lead to higher turnover, decreased productivity, and poor sales. Will low-wage employers in the grocery, retail, and restaurant industries ever understand that their employees are their most important asset? Zeynep Ton hopes so. She’s written a book explaining how labor investments can pay for themselves, and she joins us today to explain why better-paying jobs are good for everyone in the long run.Zeynep Ton is a Professor of the Practice in the Operations Management group at MIT Sloan School of Management. She is also president of the nonprofit Good Jobs Institute, where she works with companies to improve their operations in a way that satisfies employees, customers, and investors alike.Twitter: @zeyneptonGood Jobs are Good Business https://time.com/6285516/good-jobs-good-businessThe Case for Good Jobs: How Great Companies Bring Dignity, Pay, and Meaning to Everyone’s Work https://store.hbr.org/product/the-case-for-good-jobs-how-great-companies-bring-dignity-pay-and-meaning-to-everyone-s-work/10579Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Low pay is obviously terrible for workers, but a growing body of research proves that it’s bad for businesses, too. Smaller paychecks lead to higher turnover, decreased productivity, and poor sales. Will low-wage employers in the grocery, retail, and restaurant industries ever understand that their employees are their most important asset? Zeynep Ton hopes so. She’s written a book explaining how labor investments can pay for themselves, and she joins us today to explain why better-paying jobs are good for everyone in the long run. Zeynep Ton is a Professor of the Practice in the Operations Management group at MIT Sloan School of Management. She is also president of the nonprofit Good Jobs Institute, where she works with companies to improve their operations in a way that satisfies employees, customers, and investors alike. Twitter: <a href="https://twitter.com/zeynepton" rel="nofollow" target="_blank">@zeynepton</a> Good Jobs are Good Business <a href="https://time.com/6285516/good-jobs-good-business" rel="nofollow" target="_blank">https://time.com/6285516/good-jobs-good-business</a> The Case for Good Jobs: How Great Companies Bring Dignity, Pay, and Meaning to Everyone’s Work <a href="https://store.hbr.org/product/the-case-for-good-jobs-how-great-companies-bring-dignity-pay-and-meaning-to-everyone-s-work/10579" rel="nofollow" target="_blank">https://store.hbr.org/product/the-case-for-good-jobs-how-great-companies-bring-dignity-pay-and-meaning-to-everyone-s-work/10579</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Why good jobs are good for business (with Zeynep Ton)

In the 21st century, summertime isn’t just for lounging on the beach and trips to the ice cream shop. Climate change has made summer much more unpleasant—and even dangerous. This year alone, New York City and Chicago have been choked with wildfire smoke and the southern U.S. suffered through a wave of record-breaking high temperatures. That’s why we’re revisiting our conversation with financial regulation expert Sarah Bloom Raskin about how fiscal policy can help save the environment. She explains what levers already exist to steer monetary policy toward lasting sustainability, and which proposed regulatory strategies could create transformative climate outcomes.This episode originally aired on July 20, 2021. Sarah Bloom Raskin is the former Deputy Secretary of the U.S. Department of the Treasury and a former Governor of the Federal Reserve Board. She is currently a visiting professor and distinguished fellow at Duke Law School’s Global Financial Markets Center, and a member of President Biden’s Regenerative Crisis Response Committee.Twitter: @SBloomRaskinNews clips from: CBS News, PBS NewsHour, and TODAYLearn more about the Regenerative Crisis Response Committee here: https://regenerativecrisisresponsecommittee.orgDoes environmental regulation kill or create jobs? https://policyintegrity.org/files/media/Jobs_and_Regulation_Factsheet.pdfDo regulations really kill jobs? https://www.theatlantic.com/business/archive/2017/01/regulations-jobs/513563Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

In the 21st century, summertime isn’t just for lounging on the beach and trips to the ice cream shop. Climate change has made summer much more unpleasant—and even dangerous. This year alone, New York City and Chicago have been choked with wildfire smoke and the southern U.S. suffered through a wave of record-breaking high temperatures. That’s why we’re revisiting our conversation with financial regulation expert Sarah Bloom Raskin about how fiscal policy can help save the environment. She explains what levers already exist to steer monetary policy toward lasting sustainability, and which proposed regulatory strategies could create transformative climate outcomes. This episode originally aired on July 20, 2021. Sarah Bloom Raskin is the former Deputy Secretary of the U.S. Department of the Treasury and a former Governor of the Federal Reserve Board. She is currently a visiting professor and distinguished fellow at Duke Law School’s Global Financial Markets Center, and a member of President Biden’s Regenerative Crisis Response Committee. Twitter: <a href="https://twitter.com/SBloomRaskin" rel="nofollow" target="_blank">@SBloomRaskin</a> News clips from: CBS News, PBS NewsHour, and TODAY Learn more about the Regenerative Crisis Response Committee here: <a href="https://regenerativecrisisresponsecommittee.org/" rel="nofollow" target="_blank">https://regenerativecrisisresponsecommittee.org</a> Does environmental regulation kill or create jobs? <a href="https://policyintegrity.org/files/media/Jobs_and_Regulation_Factsheet.pdf" rel="nofollow" target="_blank">https://policyintegrity.org/files/media/Jobs_and_Regulation_Factsheet.pdf</a> Do regulations really kill jobs? <a href="https://www.theatlantic.com/business/archive/2017/01/regulations-jobs/513563/" rel="nofollow" target="_blank">https://www.theatlantic.com/business/archive/2017/01/regulations-jobs/513563</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

How economics can create a more sustainable planet (with Sarah Bloom Raskin)

It’s Paul and Goldy’s summer reading list! We want to know what you’re reading, too. Leave us a comment on Instagram: @pitchforkeconomicsRemember to shop local and small when you can, or order from IndieBound or Bookshop.org—both of which support independent bookstores! All of these books are also likely available through your library.Every book mentioned in this episode:Corporate Bullsh*t - Nick Hanauer, Joan Walsh, and Donald CohenThe Ministry for the Future - Kim Stanley RobinsonA Spectre, Haunting - China MiévilleThe City &amp; the City - China MiévilleFight Like Hell - Kim KellyRich White Men - Garrett NeimanThe 9.9 Percent - Matthew StewartWhen the President Calls - Simon W. BowmakerCapitalism and Freedom - Milton FriedmanEssential - Jamie K. McCallumThe Journey of Humanity - Oded GalorSPQR - Mary BeardThe Death and Life of Great American Cities - Jane JacobsWhen McKinsey Comes to Town - Walt Bogdanich &amp; Michael ForsythHumanly Possible - Sarah BakewellBloodlands - Timothy SnyderThe Road to Unfreedom - Timothy SnyderOn Tyranny - Timothy SnyderBlack Earth - Timothy SnyderPre-Order Nick’s new book with Joan Walsh and Donald Cohen, Corporate Bullsh*t from Amazon: https://www.amazon.com/Corporate-Bullsh-Exposing-Half-Truths-Protect/dp/1620977516 Pre-Order Nick’s new book with Joan Walsh and Donald Cohen, Corporate Bullsh*t from Bookshop: https://bookshop.org/p/books/it-s-never-our-fault-and-other-shameless-excuses-a-compendium-of-corporate-lies-that-protect-profits-and-thwart-progress-donald-cohen/18096544?ean=9781620977514Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

It’s Paul and Goldy’s summer reading list!  We want to know what you’re reading, too. Leave us a comment on Instagram: <a href="https://www.instagram.com/pitchforkeconomics/" rel="nofollow" target="_blank">@pitchforkeconomics</a> Remember to shop local and small when you can, or order from IndieBound or <a href="http://Bookshop.org" rel="nofollow" target="_blank">Bookshop.org</a>—both of which support independent bookstores! All of these books are also likely available through your library. Every book mentioned in this episode:Corporate Bullsh*t - Nick Hanauer, Joan Walsh, and Donald CohenThe Ministry for the Future - Kim Stanley RobinsonA Spectre, Haunting - China MiévilleThe City &amp; the City - China MiévilleFight Like Hell - Kim KellyRich White Men - Garrett NeimanThe 9.9 Percent - Matthew StewartWhen the President Calls - Simon W. BowmakerCapitalism and Freedom - Milton FriedmanEssential - Jamie K. McCallumThe Journey of Humanity - Oded GalorSPQR - Mary BeardThe Death and Life of Great American Cities - Jane JacobsWhen McKinsey Comes to Town - Walt Bogdanich &amp; Michael ForsythHumanly Possible - Sarah BakewellBloodlands - Timothy SnyderThe Road to Unfreedom - Timothy SnyderOn Tyranny - Timothy SnyderBlack Earth - Timothy Snyder Pre-Order Nick’s new book with Joan Walsh and Donald Cohen, Corporate Bullsh*t from Amazon: <a href="https://www.amazon.com/Corporate-Bullsh-Exposing-Half-Truths-Protect/dp/1620977516" rel="nofollow" target="_blank">https://www.amazon.com/Corporate-Bullsh-Exposing-Half-Truths-Protect/dp/1620977516</a> Pre-Order Nick’s new book with Joan Walsh and Donald Cohen, Corporate Bullsh*t from Bookshop: <a href="https://bookshop.org/p/books/it-s-never-our-fault-and-other-shameless-excuses-a-compendium-of-corporate-lies-that-protect-profits-and-thwart-progress-donald-cohen/18096544?ean=9781620977514" rel="nofollow" target="_blank">https://bookshop.org/p/books/it-s-never-our-fault-and-other-shameless-excuses-a-compendium-of-corporate-lies-that-protect-profits-and-thwart-progress-donald-cohen/18096544?ean=9781620977514</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Summer Reading List

Andrew Fanning

On its website, the Doughnut Economics Action Lab describes Doughnut Economics as “a compass for human prosperity in the 21st century.” Its proponents prioritize economic solutions that meet both the basic needs of all people—food, housing, equity, democratic inclusion—and the ecological needs of the planet that we all call home. Economist Andrew Fanning joins the show to discuss how Doughnut Economics can redefine economics for the 21st century, and he doesn’t sugarcoat the importance of implementing the doughnut model in order to successfully combat climate change. Andrew Fanning is an ecological economist and the Data Analysis &amp; Research Lead at Doughnut Economics Action Lab at the University of Leeds.Twitter: @AndrewLFanning, @DoughnutEconDoughnut Economics Action Lab (DEAL) https://doughnuteconomics.orgDoughnut Economics: Seven Ways to Think Like a 21st-Century Economist https://www.chelseagreen.com/product/doughnut-economics-paperbackWebsite: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

On its website, the Doughnut Economics Action Lab describes Doughnut Economics as “a compass for human prosperity in the 21st century.” Its proponents prioritize economic solutions that meet both the basic needs of all people—food, housing, equity, democratic inclusion—and the ecological needs of the planet that we all call home. Economist Andrew Fanning joins the show to discuss how Doughnut Economics can redefine economics for the 21st century, and he doesn’t sugarcoat the importance of implementing the doughnut model in order to successfully combat climate change. Andrew Fanning is an ecological economist and the Data Analysis &amp; Research Lead at Doughnut Economics Action Lab at the University of Leeds. Twitter: <a href="https://twitter.com/AndrewLFanning" rel="nofollow" target="_blank">@AndrewLFanning</a>, <a href="https://twitter.com/DoughnutEcon" rel="nofollow" target="_blank">@DoughnutEcon</a> Doughnut Economics Action Lab (DEAL) <a href="https://doughnuteconomics.org/" rel="nofollow" target="_blank">https://doughnuteconomics.org</a> Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist <a href="https://www.chelseagreen.com/product/doughnut-economics-paperback/" rel="nofollow" target="_blank">https://www.chelseagreen.com/product/doughnut-economics-paperback</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Doughnut Economics (with Andrew Fanning)

Marshall Steinbaum

In the 20th century, big corporations sold franchising to Americans as a less risky way to buy into business ownership. But in recent years, the franchise industry has tipped hugely in favor of franchisors, extracting wealth from both franchisees and the employees who work for them through complicated contracts that kill competition and rig the system. Economist Marshall Steinbaum returns to the podcast to share the findings from his deep dive into the (intentionally) complex and arcane franchise system, and to explain the latest data from Washington State’s recent enforcement campaign against no-poach clauses in franchising contracts.Marshall Steinbaum is an Assistant Professor of Economics at the University of Utah and a Senior Fellow in Higher Education Finance at Jain Family Institute.Twitter: @Econ_MarshallVertical Restraints and Labor Markets in Franchised Industries https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4155571 The Effect of Franchise No-poaching Restrictions on Worker Earnings https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4155577 Coercive Rideshare Practices: At the Intersection of Antitrust and Consumer Protection Law in the Gig Economy https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4196215 Shared Security, Shared Growth https://democracyjournal.org/magazine/37/shared-security-shared-growth Website: http://pitchforkeconomics.comTwitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

In the 20th century, big corporations sold franchising to Americans as a less risky way to buy into business ownership. But in recent years, the franchise industry has tipped hugely in favor of franchisors, extracting wealth from both franchisees and the employees who work for them through complicated contracts that kill competition and rig the system. Economist Marshall Steinbaum returns to the podcast to share the findings from his deep dive into the (intentionally) complex and arcane franchise system, and to explain the latest data from Washington State’s recent enforcement campaign against no-poach clauses in franchising contracts. Marshall Steinbaum is an Assistant Professor of Economics at the University of Utah and a Senior Fellow in Higher Education Finance at Jain Family Institute. Twitter: <a href="https://twitter.com/Econ_Marshall" rel="nofollow" target="_blank">@Econ_Marshall</a> Vertical Restraints and Labor Markets in Franchised Industries <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4155571" rel="nofollow" target="_blank">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4155571</a> The Effect of Franchise No-poaching Restrictions on Worker Earnings <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4155577" rel="nofollow" target="_blank">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4155577</a> Coercive Rideshare Practices: At the Intersection of Antitrust and Consumer Protection Law in the Gig Economy <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4196215" rel="nofollow" target="_blank">https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4196215</a> Shared Security, Shared Growth <a href="https://democracyjournal.org/magazine/37/shared-security-shared-growth" rel="nofollow" target="_blank">https://democracyjournal.org/magazine/37/shared-security-shared-growth</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

How the franchise system is rigged (with Marshall Steinbaum)

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.

Why are we bailing out large company’s but not the postal service?
Thought?

Postal service

Great podcast/interesting guests/thought provoking

Pitchfork Economics

Pitchfork Economics with Nick Hanauer

Molly Crockett

Yuval Harari

What is the “trick” in “trickle down” economics? It’s how wealthy elites and their neoliberal lackeys convince you that what’s good for them (tax cuts, deregulation, etc.) is good for you… and that policies like the minimum wage, overtime, and paid sick leave will ruin the economy. Economics is a story we tell ourselves to help explain who gets what, and why. In this episode we explore how to tell a better story.Yuval Harari: Author of international bestsellers: Sapiens: A Brief History of Humankind, Homo Deus: A Brief History of Tomorrow, and 21 Lessons for the 21st Century. Professor in the Department of History at Hebrew University of Jerusalem. PhD from the University of Oxford.Twitter:  @harari_yuvalFacebook: @Prof.Yuval.Noah.HarariInstagram: @yuval_noah_harariMolly Crockett: Director of the Crockett Lab, Assistant Professor of Psychology at Yale University, and Distinguished Research Fellow at the Oxford Centre for Neuroethics. PhD in Experimental Psychology from the University of Cambridge.Twitter: @mollycrockettFurther reading: (1) https://democracyjournal.org/magazine/41/a-threat-not-a-theory/(2) https://www.politico.com/magazine/story/2017/07/18/to-my-fellow-plutocrats-you-can-cure-trumpism-215347

What is the “trick” in “trickle down” economics? It’s how wealthy elites and their neoliberal lackeys convince you that what’s good for them (tax cuts, deregulation, etc.) is good for you… and that policies like the minimum wage, overtime, and paid sick leave will ruin the economy. Economics is a story we tell ourselves to help explain who gets what, and why. In this episode we explore how to tell a better story.Yuval Harari: Author of international bestsellers: Sapiens: A Brief History of Humankind, Homo Deus: A Brief History of Tomorrow, and 21 Lessons for the 21st Century. Professor in the Department of History at Hebrew University of Jerusalem. PhD from the University of Oxford.Twitter:  <a href="https://twitter.com/harari_yuval?lang=en" rel="nofollow" target="_blank">@harari_yuval</a>Facebook: <a href="https://www.facebook.com/Prof.Yuval.Noah.Harari/" rel="nofollow" target="_blank">@Prof.Yuval.Noah.Harari</a>Instagram: <a href="https://www.instagram.com/yuval_noah_harari/?hl=en" rel="nofollow" target="_blank">@yuval_noah_harari</a>Molly Crockett: Director of the Crockett Lab, Assistant Professor of Psychology at Yale University, and Distinguished Research Fellow at the Oxford Centre for Neuroethics. PhD in Experimental Psychology from the University of Cambridge.Twitter: <a href="https://twitter.com/mollycrockett?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">@mollycrockett</a>Further reading: (1) <a href="https://democracyjournal.org/magazine/41/a-threat-not-a-theory/" rel="nofollow" target="_blank">https://democracyjournal.org/magazine/41/a-threat-not-a-theory/</a>(2) <a href="https://www.politico.com/magazine/story/2017/07/18/to-my-fellow-plutocrats-you-can-cure-trumpism-215347" rel="nofollow" target="_blank">https://www.politico.com/magazine/story/2017/07/18/to-my-fellow-plutocrats-you-can-cure-trumpism-215347</a>

What is the trick in trickle down? (with Yuval Harari and Molly Crockett)

Stephanie Kelton

Is government debt real? Is anything real? Professor Stephanie Kelton gives Nick and Goldy a master class on the hottest idea in economics right now: Modern Monetary Theory. Stephanie Kelton is a professor of public policy and economics at Stony Brook University and a senior economic adviser to Bernie Sanders’s 2016 and 2020 presidential campaigns. She was the chief economist on the U.S. Senate Budget Committee in 2015 and in 2016, POLITICO named her one of the 50 people most influencing the public debate in America. Her forthcoming book, ‘The Deficit Myth: Modern Monetary Theory and the Birth of a New Economy’ will be published by Public Affairs in 2020. Twitter: @StephanieKeltonFurther reading: https://www.vox.com/future-perfect/2019/4/16/18251646/modern-monetary-theory-new-moment-explainedhttps://www.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html https://www.cnbc.com/2019/03/01/bernie-sanders-economic-advisor-stephanie-kelton-on-mmt-and-2020-race.htmlhttps://www.thenation.com/article/the-rock-star-appeal-of-modern-monetary-theory/

Is government debt real? Is anything real? Professor Stephanie Kelton gives Nick and Goldy a master class on the hottest idea in economics right now: Modern Monetary Theory. Stephanie Kelton is a professor of public policy and economics at Stony Brook University and a senior economic adviser to Bernie Sanders’s 2016 and 2020 presidential campaigns. She was the chief economist on the U.S. Senate Budget Committee in 2015 and in 2016, POLITICO named her one of the 50 people most influencing the public debate in America. Her forthcoming book, ‘The Deficit Myth: Modern Monetary Theory and the Birth of a New Economy’ will be published by Public Affairs in 2020. Twitter: @StephanieKeltonFurther reading: <a href="https://www.vox.com/future-perfect/2019/4/16/18251646/modern-monetary-theory-new-moment-explained" rel="nofollow" target="_blank">https://www.vox.com/future-perfect/2019/4/16/18251646/modern-monetary-theory-new-moment-explained</a><a href="https://www.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html" rel="nofollow" target="_blank">https://www.nytimes.com/2017/10/05/opinion/deficit-tax-cuts-trump.html</a> <a href="https://www.cnbc.com/2019/03/01/bernie-sanders-economic-advisor-stephanie-kelton-on-mmt-and-2020-race.html" rel="nofollow" target="_blank">https://www.cnbc.com/2019/03/01/bernie-sanders-economic-advisor-stephanie-kelton-on-mmt-and-2020-race.html</a><a href="https://www.thenation.com/article/the-rock-star-appeal-of-modern-monetary-theory/" rel="nofollow" target="_blank">https://www.thenation.com/article/the-rock-star-appeal-of-modern-monetary-theory/</a>

What is Modern Monetary Theory? (with Stephanie Kelton)

Naomi Klein

J.W. Mason

The only thing holding us back from big, bold, progressive change is ourselves. When critics wonder if we can afford to pay for the Green New Deal, they couch their concerns in the language of neoliberal economics: they say that investing in the middle class, raising wages, and doing too much too quickly will ruin the economy. This week, Naomi Klein and J.W. Mason join us to explain why the economic status quo is the greatest barrier to the Green New Deal becoming a reality, and how we actually can afford to change our economy so drastically. 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: @NoamiAKleinJ.W. Mason is a Fellow at the Roosevelt Institute, where he works on the Financialization Project, and an assistant professor of economics at John Jay College, CUNY. His current research focuses on the history and political economy of credit, including the evolution of household debt and changing role of financial markets in business investment. He also works on the history of economic thought, particularly the development of macroeconomics over the twentieth century. Twitter: @JWMason1Further reading and resources: On Fire: https://www.indiebound.org/book/9781982129910Can We Afford a Green New Deal? http://jwmason.org/slackwire/can-we-afford-a-green-new-deal/Decarbonizing the US Economy: Pathways Toward a Green New Deal: https://rooseveltinstitute.org/wp-content/uploads/2019/06/Roosevelt-Institute_Green-New-Deal_Digital-Final.pdfA Message from the Future with Alexandria Ocasio-Cortez: https://www.youtube.com/watch?v=d9uTH0iprVQWith a Green New Deal, Here’s What the World Could Look Like for the Next Generation: https://theintercept.com/2018/12/05/green-new-deal-proposal-impacts/

The only thing holding us back from big, bold, progressive change is ourselves. When critics wonder if we can afford to pay for the Green New Deal, they couch their concerns in the language of neoliberal economics: they say that investing in the middle class, raising wages, and doing too much too quickly will ruin the economy. This week, Naomi Klein and J.W. Mason join us to explain why the economic status quo is the greatest barrier to the Green New Deal becoming a reality, and how we actually can afford to change our economy so drastically.  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: @NoamiAKlein J.W. Mason is a Fellow at the Roosevelt Institute, where he works on the Financialization Project, and an assistant professor of economics at John Jay College, CUNY. His current research focuses on the history and political economy of credit, including the evolution of household debt and changing role of financial markets in business investment. He also works on the history of economic thought, particularly the development of macroeconomics over the twentieth century.  Twitter: @JWMason1 Further reading and resources:  On Fire: <a href="https://www.indiebound.org/book/9781982129910" rel="nofollow" target="_blank">https://www.indiebound.org/book/9781982129910</a> Can We Afford a Green New Deal? <a href="http://jwmason.org/slackwire/can-we-afford-a-green-new-deal/" rel="nofollow" target="_blank">http://jwmason.org/slackwire/can-we-afford-a-green-new-deal/</a> Decarbonizing the US Economy: Pathways Toward a Green New Deal: <a href="https://rooseveltinstitute.org/wp-content/uploads/2019/06/Roosevelt-Institute_Green-New-Deal_Digital-Final.pdf" rel="nofollow" target="_blank">https://rooseveltinstitute.org/wp-content/uploads/2019/06/Roosevelt-Institute_Green-New-Deal_Digital-Final.pdf</a> A Message from the Future with Alexandria Ocasio-Cortez: <a href="https://www.youtube.com/watch?v=d9uTH0iprVQ" rel="nofollow" target="_blank">https://www.youtube.com/watch?v=d9uTH0iprVQ</a> With a Green New Deal, Here’s What the World Could Look Like for the Next Generation: <a href="https://theintercept.com/2018/12/05/green-new-deal-proposal-impacts/" rel="nofollow" target="_blank">https://theintercept.com/2018/12/05/green-new-deal-proposal-impacts/</a>

Will bad economics kill the Green New Deal? (with Naomi Klein and J.W. Mason)

Howard Schultz

Former Starbucks CEO Howard Schultz says he’s seriously considering running for President. Nick Hanauer, who knows Schultz, says that businesspeople often make terrible politicians.

Former Starbucks CEO Howard Schultz says he’s seriously considering running for President. Nick Hanauer, who knows Schultz, says that businesspeople often make terrible politicians.

BONUS: Why Howard Schultz would make a terrible president 

Scott Santens

Sukhi Samra

You can’t throw a rock without hitting a wandering conversation about Universal Basic Income these days—but in our office, we’re still skeptical. For the first in a two-episode series exploring guaranteed income and its sister idea, guaranteed jobs, UBI expert Scott Santens and Sukhi Samra, the executive director of a real-life UBI experiment in California, join Nick and Paul to make the case for a universal basic income. Scott Santens is a prominent UBI advocate with a crowdfunded income via Patreon. As a writer and blogger, his pieces advocating for basic income have appeared in The Huffington Post, The Boston Globe, TechCrunch, Vox, the World Economic Forum, and Politico. He is on the board of directors of the U.S. Basic Income Guarantee Network, a founding member of the Economic Security Project, an advisor to the Universal Income Project, a founding committee member of Basic Income Action, and founder of the BIG Patreon Creator Pledge. Twitter: @scottsantensPatreon: https://www.patreon.com/scottsantens Sukhi Samra is the Executive Director of the Stockton Empowerment Demonstration (SEED), a pilot program to test a universal basic income in Stockton, CA. SEED is the country’s first-ever city-led Guaranteed Income Initiative. Twitter: @stocktondemoFurther reading:Our Vision for SEED: A Discussion Paper: https://www.stocktondemonstration.org/wp-content/uploads/2019/05/SEED-Discussion-Paper.pdfWhat would a universal basic income mean for America? Stockton thinks it has the answer: https://www.latimes.com/local/california/la-pol-ca-basic-income-stockton-reparations-20190415-story.html The Progressive Case for Replacing the Welfare State with Basic Income: https://www.huffpost.com/entry/the-progressive-case-for_b_12236546

You can’t throw a rock without hitting a wandering conversation about Universal Basic Income these days—but in our office, we’re still skeptical. For the first in a two-episode series exploring guaranteed income and its sister idea, guaranteed jobs, UBI expert Scott Santens and Sukhi Samra, the executive director of a real-life UBI experiment in California, join Nick and Paul to make the case for a universal basic income. Scott Santens is a prominent UBI advocate with a crowdfunded income via Patreon. As a writer and blogger, his pieces advocating for basic income have appeared in The Huffington Post, The Boston Globe, TechCrunch, Vox, the World Economic Forum, and Politico. He is on the board of directors of the U.S. Basic Income Guarantee Network, a founding member of the Economic Security Project, an advisor to the Universal Income Project, a founding committee member of Basic Income Action, and founder of the BIG Patreon Creator Pledge. Twitter: @scottsantensPatreon: <a href="https://www.patreon.com/scottsantens" rel="nofollow" target="_blank">https://www.patreon.com/scottsantens</a> Sukhi Samra is the Executive Director of the Stockton Empowerment Demonstration (SEED), a pilot program to test a universal basic income in Stockton, CA. SEED is the country’s first-ever city-led Guaranteed Income Initiative. Twitter: @stocktondemoFurther reading:Our Vision for SEED: A Discussion Paper: <a href="https://www.stocktondemonstration.org/wp-content/uploads/2019/05/SEED-Discussion-Paper.pdf" rel="nofollow" target="_blank">https://www.stocktondemonstration.org/wp-content/uploads/2019/05/SEED-Discussion-Paper.pdf</a>What would a universal basic income mean for America? Stockton thinks it has the answer: <a href="https://www.latimes.com/local/california/la-pol-ca-basic-income-stockton-reparations-20190415-story.html" rel="nofollow" target="_blank">https://www.latimes.com/local/california/la-pol-ca-basic-income-stockton-reparations-20190415-story.html</a> The Progressive Case for Replacing the Welfare State with Basic Income: <a href="https://www.huffpost.com/entry/the-progressive-case-for_b_12236546" rel="nofollow" target="_blank">https://www.huffpost.com/entry/the-progressive-case-for_b_12236546</a>

A skeptic's guide to Universal Basic Income (with Scott Santens and Sukhi Samra)

William Lazonick

Lenore Palladino

Nick, Goldy, and their guests William Lazonick and Lenore Palladino explain why "shareholder value maximization" is the world's dumbest idea. William Lazonick: Professor of economics at University of Massachusetts Lowell, visiting Professor at University of Ljubljana, professeur associé at Institut Mines-Télécom in Paris, and professorial research associate, SOAS, University of London. His book ‘Sustainable Prosperity in the New Economy? Business Organization and High-Tech Employment in the United States’ won the 2010 Schumpeter Prize, and he has written extensively on corporate profits.Twitter: @LazonickLenore Palladino: Senior Economist and Policy Counsel at the Roosevelt Institute, where she brings expertise to Roosevelt’s work on inequality and finance. Her research and writing focuses on financial reform, financial taxation, labor rights, and financial crises. Her publications have appeared in The Nation, The New Republic, State Tax Notes, and other venues. Twitter: @lenorepalladinoFurther reading: https://www.brookings.edu/research/stock-buybacks-from-retain-and-reinvest-to-downsize-and-distribute/https://hbr.org/2014/09/profits-without-prosperity/http://rooseveltinstitute.org/ending-shareholder-primacy-corporate-governance/http://rooseveltinstitute.org/rewriting-rules-take-aim-stock-buybacks-and-force-companies-invest-their-workers-stop-walmart-act/http://rooseveltinstitute.org/what-wells-fargos-40-6-billion-stock-buybacks-could-have-meant-its-employees-and-customers/http://rooseveltinstitute.org/towards-accountable-capitalism/ 

Nick, Goldy, and their guests William Lazonick and Lenore Palladino explain why "shareholder value maximization" is the world's dumbest idea. William Lazonick: Professor of economics at University of Massachusetts Lowell, visiting Professor at University of Ljubljana, professeur associé at Institut Mines-Télécom in Paris, and professorial research associate, SOAS, University of London. His book ‘Sustainable Prosperity in the New Economy? Business Organization and High-Tech Employment in the United States’ won the 2010 Schumpeter Prize, and he has written extensively on corporate profits.Twitter: @LazonickLenore Palladino: Senior Economist and Policy Counsel at the Roosevelt Institute, where she brings expertise to Roosevelt’s work on inequality and finance. Her research and writing focuses on financial reform, financial taxation, labor rights, and financial crises. Her publications have appeared in The Nation, The New Republic, State Tax Notes, and other venues. Twitter: @lenorepalladinoFurther reading: <a href="https://www.brookings.edu/research/stock-buybacks-from-retain-and-reinvest-to-downsize-and-distribute/" rel="nofollow" target="_blank">https://www.brookings.edu/research/stock-buybacks-from-retain-and-reinvest-to-downsize-and-distribute/</a><a href="https://hbr.org/2014/09/profits-without-prosperity/" rel="nofollow" target="_blank">https://hbr.org/2014/09/profits-without-prosperity/</a><a href="http://rooseveltinstitute.org/ending-shareholder-primacy-corporate-governance/" rel="nofollow" target="_blank">http://rooseveltinstitute.org/ending-shareholder-primacy-corporate-governance/</a><a href="http://rooseveltinstitute.org/rewriting-rules-take-aim-stock-buybacks-and-force-companies-invest-their-workers-stop-walmart-act/" rel="nofollow" target="_blank">http://rooseveltinstitute.org/rewriting-rules-take-aim-stock-buybacks-and-force-companies-invest-their-workers-stop-walmart-act/</a><a href="http://rooseveltinstitute.org/what-wells-fargos-40-6-billion-stock-buybacks-could-have-meant-its-employees-and-customers/" rel="nofollow" target="_blank">http://rooseveltinstitute.org/what-wells-fargos-40-6-billion-stock-buybacks-could-have-meant-its-employees-and-customers/</a><a href="http://rooseveltinstitute.org/towards-accountable-capitalism/" rel="nofollow" target="_blank">http://rooseveltinstitute.org/towards-accountable-capitalism/</a>

What is the purpose of a corporation? (with William Lazonick and Lenore Palladino)

Gabriel Zucman

Tax rates on the wealthy have steadily eroded in the United States over the last forty years, leaving us with an upside-down tax code that benefits the rich. And it’s surprisingly easy for powerful people to evade the taxes that they do owe, which inevitably inspires another round of harsh budget cuts from conservative lawmakers. Gabriel Zucman, the authority on wealth taxes, joins us this week to explain how the rich dodge taxes, and how we can fix the tax system. Gabriel Zucman is an Assistant Professor of Economics at the University of California, Berkeley. His research focuses on the accumulation, distribution, and preservation of wealth, with a global and historical perspective. He is the author of ‘The Hidden Wealth of Nations: The Scourge of Tax Havens’, and the co-author, with Emmanuel Saez, of the new book ‘The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay’.  Twitter: @gabriel_zucmanFurther reading:The Triumph of Injustice: https://wwnorton.com/books/the-triumph-of-injusticeThe Wealth Detective Who Finds the Hidden Money of the Super Rich: https://www.bloomberg.com/news/features/2019-05-23/the-wealth-detective-who-finds-the-hidden-money-of-the-super-rich

Tax rates on the wealthy have steadily eroded in the United States over the last forty years, leaving us with an upside-down tax code that benefits the rich. And it’s surprisingly easy for powerful people to evade the taxes that they do owe, which inevitably inspires another round of harsh budget cuts from conservative lawmakers. Gabriel Zucman, the authority on wealth taxes, joins us this week to explain how the rich dodge taxes, and how we can fix the tax system.  Gabriel Zucman is an Assistant Professor of Economics at the University of California, Berkeley. His research focuses on the accumulation, distribution, and preservation of wealth, with a global and historical perspective. He is the author of ‘The Hidden Wealth of Nations: The Scourge of Tax Havens’, and the co-author, with Emmanuel Saez, of the new book ‘The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay’.   Twitter: <a href="https://twitter.com/gabriel_zucman?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">@gabriel_zucman</a> Further reading: The Triumph of Injustice: <a href="https://wwnorton.com/books/the-triumph-of-injustice" rel="nofollow" target="_blank">https://wwnorton.com/books/the-triumph-of-injustice</a> The Wealth Detective Who Finds the Hidden Money of the Super Rich: <a href="https://www.bloomberg.com/news/features/2019-05-23/the-wealth-detective-who-finds-the-hidden-money-of-the-super-rich" rel="nofollow" target="_blank">https://www.bloomberg.com/news/features/2019-05-23/the-wealth-detective-who-finds-the-hidden-money-of-the-super-rich</a>

How to make the rich pay their taxes (with Gabriel Zucman)

Anu Partanen

Trevor Corson

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: @anupartanenTrevor 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: @TrevorCorsonFurther reading: The Nordic Theory of Everything: https://www.indiebound.org/book/9780062316547Finland Is a Capitalist Paradise: https://www.nytimes.com/2019/12/07/opinion/sunday/finland-socialism-capitalism.htmlWhat 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-answersMake sure you check out Majority.FM’s AM Quickie, the morning news podcast for progressives in the know: amquickie.comWebsite: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

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: <a href="https://twitter.com/anupartanen?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">@anupartanen</a> 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: <a href="https://twitter.com/trevorcorson?lang=en" rel="nofollow" target="_blank">@TrevorCorson</a> Further reading:  The Nordic Theory of Everything: <a href="https://www.indiebound.org/book/9780062316547" rel="nofollow" target="_blank">https://www.indiebound.org/book/9780062316547</a> Finland Is a Capitalist Paradise: <a href="https://www.nytimes.com/2019/12/07/opinion/sunday/finland-socialism-capitalism.html" rel="nofollow" target="_blank">https://www.nytimes.com/2019/12/07/opinion/sunday/finland-socialism-capitalism.html</a> What Americans Don’t Get About Nordic Countries: <a href="https://www.theatlantic.com/politics/archive/2016/03/bernie-sanders-nordic-countries/473385/" rel="nofollow" target="_blank">https://www.theatlantic.com/politics/archive/2016/03/bernie-sanders-nordic-countries/473385/</a> Capitalism Redefined: <a href="https://democracyjournal.org/magazine/31/capitalism-redefined/" rel="nofollow" target="_blank">https://democracyjournal.org/magazine/31/capitalism-redefined/</a> Safe, happy and free: does Finland have all the answers? <a href="https://www.theguardian.com/world/2018/feb/12/safe-happy-and-free-does-finland-have-all-the-answers" rel="nofollow" target="_blank">https://www.theguardian.com/world/2018/feb/12/safe-happy-and-free-does-finland-have-all-the-answers</a> Make sure you check out <a href="http://Majority.FM" rel="nofollow" target="_blank">Majority.FM</a>’s AM Quickie, the morning news podcast for progressives in the know: <a href="http://amquickie.com/" rel="nofollow" target="_blank">amquickie.com</a> Website: <a href="http://pitchforkeconomics.com/" rel="nofollow" target="_blank">http://pitchforkeconomics.com/</a>Twitter: <a href="https://twitter.com/PitchforkEcon" rel="nofollow" target="_blank">@PitchforkEcon</a>Instagram: <a href="https://www.instagram.com/pitchforkeconomics/?hl=en" rel="nofollow" target="_blank">@pitchforkeconomics</a>Nick’s twitter: <a href="https://twitter.com/nickhanauer?lang=en" rel="nofollow" target="_blank">@NickHanauer</a>

Re-imagining capitalism (with Anu Partanen and Trevor Corson)

T. R. Reid

When it comes to health care, every country in the world is running their own version of the same experiment—and the results vary widely in terms of cost and patient outcomes. In the first episode of a two-part exploration of health care, author T. R. Reid takes Nick and Stephanie on a tour of medical systems around the world. T. R. Reid is the author of the bestselling books ‘The Healing of America: A Global Quest for Better, Cheaper, and Fairer Health Care’ and ‘A Fine Mess—A Global Quest for a Fairer, Simpler, and More Efficient Tax Code’. He has become one of the nation’s best-known reporters through his books and articles, his documentary films, his reporting for the Washington Post, and his frequent commentary on NPR’s Morning Edition. Twitter: @therealtrreidFurther reading: https://www.goodreads.com/book/show/6402544-the-healing-of-america

When it comes to health care, every country in the world is running their own version of the same experiment—and the results vary widely in terms of cost and patient outcomes. In the first episode of a two-part exploration of health care, author T. R. Reid takes Nick and Stephanie on a tour of medical systems around the world. T. R. Reid is the author of the bestselling books ‘The Healing of America: A Global Quest for Better, Cheaper, and Fairer Health Care’ and ‘A Fine Mess—A Global Quest for a Fairer, Simpler, and More Efficient Tax Code’. He has become one of the nation’s best-known reporters through his books and articles, his documentary films, his reporting for the Washington Post, and his frequent commentary on NPR’s Morning Edition. Twitter: @therealtrreidFurther reading: <a href="https://www.goodreads.com/book/show/6402544-the-healing-of-america" rel="nofollow" target="_blank">https://www.goodreads.com/book/show/6402544-the-healing-of-america</a>

Health Care Part 1: Everyone does it better than us (with T. R. Reid) 

Felicia Wong

Here are two phrases that should be oxymorons, but aren’t: ‘working poor’ and ‘poverty-level jobs.’ Writer and anti-poverty advocate Hanna Brooks Olsen joins Nick and Goldy to explore how the intense burdens of poverty make it nearly impossible to even think about climbing the economic ladder. Felicia Wong is the President and CEO of the Roosevelt Institute, a think tank that seeks to re-imagine the social and economic policies of Franklin and Eleanor Roosevelt for the 21st century. Twitter: @FeliciaWongRI @rooseveltinstHanna Brooks Olsen is a writer and policy consultant. Her work has appeared in The Atlantic, the Nation, Salon, the New York Daily News, the Huffington Post, and Democracy.Twitter: @mshannabrooksFurther reading:https://medium.com/@mshannabrooks/but-seriously-lets-talk-about-millennial-poverty-526066ad9adbhttps://aspe.hhs.gov/system/files/pdf/154286/50YearTrends.pdf

Here are two phrases that should be oxymorons, but aren’t: ‘working poor’ and ‘poverty-level jobs.’ Writer and anti-poverty advocate Hanna Brooks Olsen joins Nick and Goldy to explore how the intense burdens of poverty make it nearly impossible to even think about climbing the economic ladder. Felicia Wong is the President and CEO of the Roosevelt Institute, a think tank that seeks to re-imagine the social and economic policies of Franklin and Eleanor Roosevelt for the 21st century. Twitter: @FeliciaWongRI @rooseveltinstHanna Brooks Olsen is a writer and policy consultant. Her work has appeared in The Atlantic, the Nation, Salon, the New York Daily News, the Huffington Post, and Democracy.Twitter: @mshannabrooksFurther reading:<a href="https://medium.com/@mshannabrooks/but-seriously-lets-talk-about-millennial-poverty-526066ad9adb" rel="nofollow" target="_blank">https://medium.com/@mshannabrooks/but-seriously-lets-talk-about-millennial-poverty-526066ad9adb</a><a href="https://aspe.hhs.gov/system/files/pdf/154286/50YearTrends.pdf" rel="nofollow" target="_blank">https://aspe.hhs.gov/system/files/pdf/154286/50YearTrends.pdf</a>

Why is getting out of poverty so hard? (with Felicia Wong) 

We asked our guests and listeners: what’s the spookiest, sneakiest, and scariest trickle-down trick? Find out what’s making Congresswoman Pramila Jayapal, Professor Stephanie Kelton, author Matt Stoller, and more good witches and wizards quake in their boots this Halloween.

We asked our guests and listeners: what’s the spookiest, sneakiest, and scariest trickle-down trick? Find out what’s making Congresswoman Pramila Jayapal, Professor Stephanie Kelton, author Matt Stoller, and more good witches and wizards quake in their boots this Halloween.

HALLOWEEN SPECIAL: Trickle-Down or Treat

Diane Ravitch

Like many rich Americans, Nick used to think that focusing their philanthropic efforts in the country’s education system could heal many of our biggest problems. But in The Atlantic last month, he admitted he was wrong—better schools won’t fix America unless we fix inequality first. He’s joined this week by Diane Ravitch, a giant in the education policy world who also changed her mind about what works and what doesn’t. Can these two converts from the theory of educationism find a new way to expand educational opportunity in America while also combating runaway income inequality?Diane Ravitch is a Research Professor of Education at New York University and a historian of education. She is the Founder and President of the Network for Public Education. From 1991 to 1993, she was Assistant Secretary of Education under President George H.W. Bush, where she led the federal effort to promote the creation of voluntary state and national academic standards. In her book ‘The Death and Life of the Great American School System: How Testing and Choice Are Undermining Education’, Ravitch examines her career in education reform and repudiates positions that she once staunchly advocated. Twitter: @DianeRavitchFurther reading: Better Schools Won’t Fix America: https://www.theatlantic.com/magazine/archive/2019/07/education-isnt-enough/590611/ 

Like many rich Americans, Nick used to think that focusing their philanthropic efforts in the country’s education system could heal many of our biggest problems. But in The Atlantic last month, he admitted he was wrong—better schools won’t fix America unless we fix inequality first. He’s joined this week by Diane Ravitch, a giant in the education policy world who also changed her mind about what works and what doesn’t. Can these two converts from the theory of educationism find a new way to expand educational opportunity in America while also combating runaway income inequality?Diane Ravitch is a Research Professor of Education at New York University and a historian of education. She is the Founder and President of the Network for Public Education. From 1991 to 1993, she was Assistant Secretary of Education under President George H.W. Bush, where she led the federal effort to promote the creation of voluntary state and national academic standards. In her book ‘The Death and Life of the Great American School System: How Testing and Choice Are Undermining Education’, Ravitch examines her career in education reform and repudiates positions that she once staunchly advocated. Twitter: @DianeRavitchFurther reading: Better Schools Won’t Fix America: <a href="https://www.theatlantic.com/magazine/archive/2019/07/education-isnt-enough/590611/" rel="nofollow" target="_blank">https://www.theatlantic.com/magazine/archive/2019/07/education-isnt-enough/590611/</a>

Educationism (with Diane Ravitch) 

Rutger Bregman

Rutger Bregman, who The Guardian has called “the Dutch wunderkind of new ideas”, joins us this week to daydream a better future. Bregman won international fame by taking on everyone from Tucker Carlson to the wealthy elites at Davos on the topic of income inequality, and here he lays out a positive economic vision using the pillars of his book ‘Utopia for Realists’: a universal basic income, open borders, and a 15-hour workweek.  Rutger Bregman is a Dutch historian and author. He has published four books on history, philosophy, and economics. His book ‘History of Progress’ was awarded the Belgian Liberales prize for best nonfiction book of 2013, and the Dutch edition of ‘Utopia for Realists’ became a national bestseller and sparked a basic income movement that made international headlines. The book has been translated into 31 languages. Bregman has twice been nominated for the prestigious European Press Prize for his journalism work at The Correspondent. Twitter: @rcbregmanFurther reading: https://www.theguardian.com/commentisfree/2016/apr/18/solution-everything-working-less-work-pressurehttps://www.theguardian.com/books/2017/feb/26/rutger-bregman-utopia-for-realists-interview-universal-basic-incomehttps://www.washingtonpost.com/opinions/2019/02/20/dutch-professor-exposes-tucker-carlsons-fraud/?utm_term=.a252dc0fa581https://www.theguardian.com/business/2019/feb/01/rutger-bregman-world-economic-forum-davos-speech-tax-billionaires-capitalismhttps://twitter.com/nowthisnews/status/1090045108064579584

Rutger Bregman, who The Guardian has called “the Dutch wunderkind of new ideas”, joins us this week to daydream a better future. Bregman won international fame by taking on everyone from Tucker Carlson to the wealthy elites at Davos on the topic of income inequality, and here he lays out a positive economic vision using the pillars of his book ‘Utopia for Realists’: a universal basic income, open borders, and a 15-hour workweek.  Rutger Bregman is a Dutch historian and author. He has published four books on history, philosophy, and economics. His book ‘History of Progress’ was awarded the Belgian Liberales prize for best nonfiction book of 2013, and the Dutch edition of ‘Utopia for Realists’ became a national bestseller and sparked a basic income movement that made international headlines. The book has been translated into 31 languages. Bregman has twice been nominated for the prestigious European Press Prize for his journalism work at The Correspondent. Twitter: @rcbregmanFurther reading: <a href="https://www.theguardian.com/commentisfree/2016/apr/18/solution-everything-working-less-work-pressure" rel="nofollow" target="_blank">https://www.theguardian.com/commentisfree/2016/apr/18/solution-everything-working-less-work-pressure</a><a href="https://www.theguardian.com/books/2017/feb/26/rutger-bregman-utopia-for-realists-interview-universal-basic-income" rel="nofollow" target="_blank">https://www.theguardian.com/books/2017/feb/26/rutger-bregman-utopia-for-realists-interview-universal-basic-income</a><a href="https://www.washingtonpost.com/opinions/2019/02/20/dutch-professor-exposes-tucker-carlsons-fraud/?utm_term=.a252dc0fa581" rel="nofollow" target="_blank">https://www.washingtonpost.com/opinions/2019/02/20/dutch-professor-exposes-tucker-carlsons-fraud/?utm_term=.a252dc0fa581</a><a href="https://www.theguardian.com/business/2019/feb/01/rutger-bregman-world-economic-forum-davos-speech-tax-billionaires-capitalism" rel="nofollow" target="_blank">https://www.theguardian.com/business/2019/feb/01/rutger-bregman-world-economic-forum-davos-speech-tax-billionaires-capitalism</a><a href="https://twitter.com/nowthisnews/status/1090045108064579584" rel="nofollow" target="_blank">https://twitter.com/nowthisnews/status/1090045108064579584</a>

A roadmap to utopia (with Rutger Bregman)

It’s not just economic inequality, the gap between rich and poor people, that’s growing wider in America. Spatial inequality, the gap between rich and poor places, is growing too. The most obvious example of spatial inequality is the decline of rural areas and the rise of cities. Can rural America be saved? And is urban America obligated to do the saving? Journalist Eduardo Porter and author Sarah Smarsh weigh in. Eduardo Porter is an economics reporter for the business section of The New York Times, where he was the Economic Scene columnist from 2012 to 2018. He is the author of ‘The Price of Everything’ and is working on an upcoming book called ‘American Poison’. Twitter: @portereduardoSarah Smarsh is the author of ‘Heartland: A Memoir of Working Hard and Being Broke in the Richest Country on Earth’, which became an instant New York Times bestseller and was a finalist for the 2018 National Book Award. She has covered socioeconomic class, politics, and public policy for The Guardian, The New York Times, and many other publications.Twitter: @Sarah_SmarshThe Hard Truths of Trying to ‘Save’ the Rural Economy: https://www.nytimes.com/interactive/2018/12/14/opinion/rural-america-trump-decline.htmlCountry pride: What I learned growing up in rural America: https://www.theguardian.com/us-news/2018/sep/06/country-pride-kansas-rural-america-sarah-smarshAmerica’s Worsening Geographic Inequality: https://www.citylab.com/equity/2018/10/americas-worsening-geographic-inequality/573061/The Contribution of National Income Inequality to Regional Economic Divergence: https://academic.oup.com/sf/advance-article-abstract/doi/10.1093/sf/soz013/5418441The Economic Innovation Group’s 2018 Distressed Communities Index: https://eig.org/dci

It’s not just economic inequality, the gap between rich and poor people, that’s growing wider in America. Spatial inequality, the gap between rich and poor places, is growing too. The most obvious example of spatial inequality is the decline of rural areas and the rise of cities. Can rural America be saved? And is urban America obligated to do the saving? Journalist Eduardo Porter and author Sarah Smarsh weigh in. Eduardo Porter is an economics reporter for the business section of The New York Times, where he was the Economic Scene columnist from 2012 to 2018. He is the author of ‘The Price of Everything’ and is working on an upcoming book called ‘American Poison’. Twitter: @portereduardoSarah Smarsh is the author of ‘Heartland: A Memoir of Working Hard and Being Broke in the Richest Country on Earth’, which became an instant New York Times bestseller and was a finalist for the 2018 National Book Award. She has covered socioeconomic class, politics, and public policy for The Guardian, The New York Times, and many other publications.Twitter: @Sarah_SmarshThe Hard Truths of Trying to ‘Save’ the Rural Economy: <a href="https://www.nytimes.com/interactive/2018/12/14/opinion/rural-america-trump-decline.html" rel="nofollow" target="_blank">https://www.nytimes.com/interactive/2018/12/14/opinion/rural-america-trump-decline.html</a>Country pride: What I learned growing up in rural America: <a href="https://www.theguardian.com/us-news/2018/sep/06/country-pride-kansas-rural-america-sarah-smarsh" rel="nofollow" target="_blank">https://www.theguardian.com/us-news/2018/sep/06/country-pride-kansas-rural-america-sarah-smarsh</a>America’s Worsening Geographic Inequality: <a href="https://www.citylab.com/equity/2018/10/americas-worsening-geographic-inequality/573061/" rel="nofollow" target="_blank">https://www.citylab.com/equity/2018/10/americas-worsening-geographic-inequality/573061/</a>The Contribution of National Income Inequality to Regional Economic Divergence: <a href="https://academic.oup.com/sf/advance-article-abstract/doi/10.1093/sf/soz013/5418441" rel="nofollow" target="_blank">https://academic.oup.com/sf/advance-article-abstract/doi/10.1093/sf/soz013/5418441</a>The Economic Innovation Group’s 2018 Distressed Communities Index: <a href="https://eig.org/dci" rel="nofollow" target="_blank">https://eig.org/dci</a>

Can rural America be saved? 

As newly elected Democrats across the country enter their respective capitol buildings for the first time, Civic Ventures president Zach Silk and former Washington State legislator (and Civic Ventures senior VP) Jessyn Farrell offer advice for what they should prioritize – and it starts with economic policies that help the broad majority. Further reading: https://www.politico.com/magazine/story/2018/08/14/democrats-must-reclaim-the-center-by-moving-hard-left-219354

As newly elected Democrats across the country enter their respective capitol buildings for the first time, Civic Ventures president Zach Silk and former Washington State legislator (and Civic Ventures senior VP) Jessyn Farrell offer advice for what they should prioritize – and it starts with economic policies that help the broad majority. Further reading: <a href="https://www.politico.com/magazine/story/2018/08/14/democrats-must-reclaim-the-center-by-moving-hard-left-219354" rel="nofollow" target="_blank">https://www.politico.com/magazine/story/2018/08/14/democrats-must-reclaim-the-center-by-moving-hard-left-219354</a>

BONUS: Marching orders for new legislators 

Dean Baker

Ryan Calkins

In the 1990s and early 2000s, free trade was considered an unalloyed good. But now, policymakers and economists agree that global trade creates winners and losers—and they acknowledge that we've never really tried to fairly compensate the losers. Economist Dean Baker and Seattle Port Commissioner Ryan Calkins help us try to imagine a more equitable way forward on international trade. Dean Baker is a senior economist at the Center for Economic and Policy Research, an organization he co-founded in 1999. His areas of research include housing, consumer prices, intellectual property, trade, employment, Social Security, and Medicare. He is the author of several books, including ‘Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer,’ and his blog, ‘Beat the Press,’ provides commentary on economic reporting. He is currently a visiting professor at the University of Utah. Twitter: DeanBaker13Ryan Calkins is a Port of Seattle Commissioner specializing in sustainable economic development, ensuring that our region's prosperity is shared among all of our communities. Commissioner Calkins also works as a nonprofit professional at Ventures, a charitable organization that supports low income entrepreneurs who are starting and growing businesses in the Puget Sound Area.Twitter: @ryancalkinsSEA

In the 1990s and early 2000s, free trade was considered an unalloyed good. But now, policymakers and economists agree that global trade creates winners and losers—and they acknowledge that we've never really tried to fairly compensate the losers. Economist Dean Baker and Seattle Port Commissioner Ryan Calkins help us try to imagine a more equitable way forward on international trade. Dean Baker is a senior economist at the Center for Economic and Policy Research, an organization he co-founded in 1999. His areas of research include housing, consumer prices, intellectual property, trade, employment, Social Security, and Medicare. He is the author of several books, including ‘Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer,’ and his blog, ‘Beat the Press,’ provides commentary on economic reporting. He is currently a visiting professor at the University of Utah. Twitter: DeanBaker13Ryan Calkins is a Port of Seattle Commissioner specializing in sustainable economic development, ensuring that our region's prosperity is shared among all of our communities. Commissioner Calkins also works as a nonprofit professional at Ventures, a charitable organization that supports low income entrepreneurs who are starting and growing businesses in the Puget Sound Area.Twitter: @ryancalkinsSEA

The trade-offs of global trade (with Dean Baker and Port Commissioner Ryan Calkins)

David Rolf

Larry Mishel

Not so long ago, economic growth was shared widely among Americans thanks to a suite of policies that boosted the bargaining power of workers. In recent years, employer power has increased while worker powers have been significantly eroded—and as a result, income inequality has grown at record rates. Experts David Rolf and Larry Mishel explain how this collapse of worker power came to be, and offer solutions that will tilt the scales of power back in the right direction.David Rolf is a labor leader, organizer, writer, and speaker working to build the next American labor movement. He is the founder and President Emeritus of SEIU 775 and a former Vice President of SEIU International. He led campaigns that helped organize hundreds of thousands of minimum-wage home care workers, and helped lead the nation’s first two successful campaigns for $15 minimum wages in SeaTac and Seattle.Twitter: @DavidMRolfLarry Mishel is a distinguished fellow at the Economic Policy Institute after serving as president from 2002-2017, where he has helped build it into the nation’s premier research organization focused on U.S. living standards and labor markets. Mishel has co-authored all 12 editions of ‘The State of Working America’, and has written extensively on wage and job quality trends in the United States.Twitter: @LarryMishelFurther reading: https://tcf.org/content/report/roadmap-rebuilding-worker-power/?session=1https://www.epi.org/publication/what-labor-market-changes-have-generated-inequality-and-wage-suppression-employer-power-is-significant-but-largely-constant-whereas-workers-power-has-been-eroded-by-policy-actions/https://psmag.com/economics/what-caused-the-decline-of-unions-in-america

Not so long ago, economic growth was shared widely among Americans thanks to a suite of policies that boosted the bargaining power of workers. In recent years, employer power has increased while worker powers have been significantly eroded—and as a result, income inequality has grown at record rates. Experts David Rolf and Larry Mishel explain how this collapse of worker power came to be, and offer solutions that will tilt the scales of power back in the right direction.David Rolf is a labor leader, organizer, writer, and speaker working to build the next American labor movement. He is the founder and President Emeritus of SEIU 775 and a former Vice President of SEIU International. He led campaigns that helped organize hundreds of thousands of minimum-wage home care workers, and helped lead the nation’s first two successful campaigns for $15 minimum wages in SeaTac and Seattle.Twitter: <a href="https://twitter.com/DavidMRolf?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">@DavidMRolf</a>Larry Mishel is a distinguished fellow at the Economic Policy Institute after serving as president from 2002-2017, where he has helped build it into the nation’s premier research organization focused on U.S. living standards and labor markets. Mishel has co-authored all 12 editions of ‘The State of Working America’, and has written extensively on wage and job quality trends in the United States.Twitter: <a href="https://twitter.com/LarryMishel?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">@LarryMishel</a>Further reading: <a href="https://tcf.org/content/report/roadmap-rebuilding-worker-power/?session=1" rel="nofollow" target="_blank">https://tcf.org/content/report/roadmap-rebuilding-worker-power/?session=1</a><a href="https://www.epi.org/publication/what-labor-market-changes-have-generated-inequality-and-wage-suppression-employer-power-is-significant-but-largely-constant-whereas-workers-power-has-been-eroded-by-policy-actions/" rel="nofollow" target="_blank">https://www.epi.org/publication/what-labor-market-changes-have-generated-inequality-and-wage-suppression-employer-power-is-significant-but-largely-constant-whereas-workers-power-has-been-eroded-by-policy-actions/</a><a href="https://psmag.com/economics/what-caused-the-decline-of-unions-in-america" rel="nofollow" target="_blank">https://psmag.com/economics/what-caused-the-decline-of-unions-in-america</a>

The decline of worker power (with David Rolf and Larry Mishel)

Jared Bernstein

Jonathan Tepper

Monopoly and its equally evil twin monopsony are destroying competition, depressing wages, and slowing economic growth. Is market concentration an inevitable outcome of capitalism, or is there a smarter solution?Jared Bernstein: Senior Fellow at the Center on Budget and Policy Priorities, former Chief Economist and Economic Adviser to VP Biden and Executive Director of the White House Task Force on the Middle Class, and author of ‘The Reconnection Agenda: Reuniting Growth and Prosperity’. Twitter: @econjared Jonathan Tepper: Founder of Variant Perception, a macroeconomic research group that caters to asset managers. Author of ‘The Myth of Capitalism: Monopolies and the Death of Competition’, ‘Endgame: The End of the Debt Supercycle’, and ‘Code Red’, a book on unconventional monetary policy. Twitter: @jtepper2 Further reading: https://democracyjournal.org/magazine/51/progressive-labor-standards/ 

Monopoly and its equally evil twin monopsony are destroying competition, depressing wages, and slowing economic growth. Is market concentration an inevitable outcome of capitalism, or is there a smarter solution?Jared Bernstein: Senior Fellow at the Center on Budget and Policy Priorities, former Chief Economist and Economic Adviser to VP Biden and Executive Director of the White House Task Force on the Middle Class, and author of ‘The Reconnection Agenda: Reuniting Growth and Prosperity’. Twitter: @econjared Jonathan Tepper: Founder of Variant Perception, a macroeconomic research group that caters to asset managers. Author of ‘The Myth of Capitalism: Monopolies and the Death of Competition’, ‘Endgame: The End of the Debt Supercycle’, and ‘Code Red’, a book on unconventional monetary policy. Twitter: @jtepper2 Further reading: <a href="https://democracyjournal.org/magazine/51/progressive-labor-standards/" rel="nofollow" target="_blank">https://democracyjournal.org/magazine/51/progressive-labor-standards/</a>

What can a board game teach us about capitalism? (with Jared Bernstein and Jonathan Tepper)

Sharon Block

Chris Lu

The overtime threshold used to be the minimum wage for the middle class—but where did it go? Labor experts Sharon Block and Chris Lu join Nick and Jasmin to explain why the overtime threshold, which used to cover 65 percent of workers, today covers only 7 percent. That’s craziness! And surprise, surprise—employers love to claim that forcing you to work for free is in your own best interest. But are they telling the truth?Sharon Block is the Executive Director of the Labor and Worklife Program at Harvard Law School. For twenty years, she held key labor policy positions across the legislative and executive branches of the federal government, including head of the policy office at the Department of Labor. Twitter: @sharblockChris Lu was the U.S. Deputy Secretary of Labor in the Obama Administration from 2014 to 2017. He also served as Assistant to the President and White House Cabinet Secretary under Obama from 2009 to 2013. He is a Practitioner Senior Fellow at the UVA Miller Center.Twitter: @ChrisLu44Further reading: https://crooked.com/articles/beat-trump-overtime-pay/https://www.politico.com/magazine/story/2014/11/overtime-pay-obama-congress-112954

The overtime threshold used to be the minimum wage for the middle class—but where did it go? Labor experts Sharon Block and Chris Lu join Nick and Jasmin to explain why the overtime threshold, which used to cover 65 percent of workers, today covers only 7 percent. That’s craziness! And surprise, surprise—employers love to claim that forcing you to work for free is in your own best interest. But are they telling the truth?Sharon Block is the Executive Director of the Labor and Worklife Program at Harvard Law School. For twenty years, she held key labor policy positions across the legislative and executive branches of the federal government, including head of the policy office at the Department of Labor. Twitter: @sharblockChris Lu was the U.S. Deputy Secretary of Labor in the Obama Administration from 2014 to 2017. He also served as Assistant to the President and White House Cabinet Secretary under Obama from 2009 to 2013. He is a Practitioner Senior Fellow at the UVA Miller Center.Twitter: @ChrisLu44Further reading: <a href="https://crooked.com/articles/beat-trump-overtime-pay/" rel="nofollow" target="_blank">https://crooked.com/articles/beat-trump-overtime-pay/</a><a href="https://www.politico.com/magazine/story/2014/11/overtime-pay-obama-congress-112954" rel="nofollow" target="_blank">https://www.politico.com/magazine/story/2014/11/overtime-pay-obama-congress-112954</a>

Whatever happened to overtime? (with Sharon Block and Chris Lu)

Senator Cory Booker explains the problem with stock buybacks, walks us through his Workers Dividend Act, and offers Goldy some much-needed counseling. Cory Booker is the U.S. Senator from New Jersey and a 2020 Democratic presidential candidate. Twitter: @CoryBookerFurther reading: https://www.vox.com/policy-and-politics/2018/3/6/17083398/booker-buyback-populist https://www.theatlantic.com/politics/archive/2015/02/kill-stock-buyback-to-save-the-american-economy/385259/

Senator Cory Booker explains the problem with stock buybacks, walks us through his Workers Dividend Act, and offers Goldy some much-needed counseling. Cory Booker is the U.S. Senator from New Jersey and a 2020 Democratic presidential candidate. Twitter: @CoryBookerFurther reading: <a href="https://www.vox.com/policy-and-politics/2018/3/6/17083398/booker-buyback-populist" rel="nofollow" target="_blank">https://www.vox.com/policy-and-politics/2018/3/6/17083398/booker-buyback-populist</a> <a href="https://www.theatlantic.com/politics/archive/2015/02/kill-stock-buyback-to-save-the-american-economy/385259/" rel="nofollow" target="_blank">https://www.theatlantic.com/politics/archive/2015/02/kill-stock-buyback-to-save-the-american-economy/385259/</a>

Senator Cory Booker explains: what the hell is a stock buyback? 

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