The Argentinian DOGE
Capitalisn't5 Joulu 2024

The Argentinian DOGE

A new U.S. Department of Government Efficiency (DOGE) is headed by Elon Musk and Vivek Ramaswamy. Its goals include administrative reductions, cost savings, regulatory cutbacks, and reducing federal spending by nearly $2 trillion. President-elect Donald Trump has called DOGE the "Manhattan Project of our time," and has indicated that DOGE will reduce regulatory burdens to firms and individuals. But is the act of cutting rules and regulations the same as cutting spending? Does it unleash the economy in a way that benefits everyone or just a select few who don't want the rules in the first place?

Right now, it’s impossible to know what DOGE will be able to accomplish, but there is another remarkably similar example we can learn from. Argentinian President Javier Milei took office a year ago with a promise to “take a chainsaw to the state.” As part of that promise, he appointed economist Federico Sturzenegger – a former classmate of Luigi's at MIT – as the Minister of Deregulation and State Transformation of the Argentine Republic. Within a year, Sturzenegger has overseen the review of approximately 42,000 laws, and as confirmed by Milei, is in "direct contact" with Musk.

Bethany and Luigi talk to Sturzenegger to understand, most importantly, what Argentina's experience might foretell about DOGE's upcoming role and impact on the United States government and economy.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(251)

Can Capitalism Serve the Common Good? - ft. Mariana Mazzucato

Can Capitalism Serve the Common Good? - ft. Mariana Mazzucato

The drugs in your medicine cabinet were probably discovered on your dime, in a university lab, with NIH money. You don't hold the patent. You don't set the price. Same story with the touchscreen, the ...

10 Syys 57min

The One Thing That Could Decide If AI Takes Your Job - Ft. Luis Garicano

The One Thing That Could Decide If AI Takes Your Job - Ft. Luis Garicano

AI is coming for your job; AI isn't coming for your job. Economist Luis Garicano thinks both camps are asking the wrong question. In Messy Jobs: The Work That AI Cannot Reach, Garicano and co-authors...

27 Elo 1h

Can Liberalism Survive This Kind of Capitalism? - ft. Daron Acemoglu

Can Liberalism Survive This Kind of Capitalism? - ft. Daron Acemoglu

For most of the last century liberal democracies offered a simple deal: the economy grows and, if you work hard, you get a fair shot at the rewards. According to 2024 Nobel Prize-winning economist Dar...

13 Elo 53min

How Washington Privatized The Capital Market - ft. Renée Jones

How Washington Privatized The Capital Market - ft. Renée Jones

Amazon went public three years after it was founded. SpaceX stayed private for 24 years. What changed and why does it matter? The standard story is that companies avoid an IPO because public markets c...

6 Elo 48min

A Conservative's Attack On Neoliberalism - Ft. Chris Griswold

A Conservative's Attack On Neoliberalism - Ft. Chris Griswold

The Republican Party is often associated with free-market fundamentalism, deregulation, and tax cuts. But a new faction on the right is challenging that consensus. In this episode, Bethany and Luigi s...

30 Heinä 46min

Was The Constitution An Anti-Democratic Coup? - ft. Michael Klarman

Was The Constitution An Anti-Democratic Coup? - ft. Michael Klarman

Were the foundations of American governance engineered to protect the wealthy? Harvard Law professor Michael Klarman argues that the US Constitution was actually a counter-revolutionary coup to constr...

16 Heinä 50min

Our Personal Finance Mistakes Are The Industry's Profits - ft. John Campbell & Tarun Ramadorai

Our Personal Finance Mistakes Are The Industry's Profits - ft. John Campbell & Tarun Ramadorai

Is personal finance rigged against ordinary people? Economists John Campbell and Tarun Ramadorai argue the system rewards the wealthy and financially savvy at the expense of everyone else.  Their book...

2 Heinä 49min

Was Free Trade Ever Really Free? - ft. Fmr. Biden Trade Rep. Katherine Tai

Was Free Trade Ever Really Free? - ft. Fmr. Biden Trade Rep. Katherine Tai

Free trade was never actually free? That's the case Katherine Tai, Joe Biden's former U.S. Trade Representative, brings Bethany McLean and Luigi Zingales this week.  For decades, the economic consensu...

18 Kesä 51min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
vallattomat
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
ostan-asuntoja-podcast
rss-oivalluksia-rahasta-elamasta
rss-rahamania
lakicast
hyva-paha-johtaminen
rss-paasipodi
rss-sami-miettinen-neuvottelija
rss-pinnan-alle
pomojen-suusta
rss-karon-grilli
oppimisen-psykologia
rss-lentopaivakirjat
rss-bisnesta-bebeja
rss-inderes
sijoituspodi