A Continuing Conversation On The Lack Of Diversity In Economics

Read the following articles in ProMarket:There Is a Direct Line from Milton Friedman to Donald Trump's Assault on Democracy, by Martin WolfGeorge Stigler and the Challenge of Democracy, by Anat AdmatiCorporations Are Not “We the People,” by Geoffrey StoneeBook: Milton Friedman 50 Years Later, a ReevaluationAlso, check out relevant past Capitalisn't episodes:Why Capitalism Needs DemocracyThe Breaking Point Of Democracy With Morton Schapiro and Gary Morson

16 Helmi 202351min

In a Wall Street Journal article about Google’s Secret ‘Project Bernanke,’ Jeff Horwitz and Keach Hagey quoted Google Chief Economist Hal Varian's answer to a question he was asked during the Stigler Center's 2019 Antitrust and Competition Conference. Watch the video excerpt here."Why Google Dominates Advertising Markets," by Dina Srinivasan, Stanford Technology Law Review, December 2019Read ProMarket's ongoing coverage of Google here.

9 Helmi 202350min

Show notes:On February 9th, 2023, "China’s New Covid Strategy," the next webinar in the Stigler Center's series on China's political economy, will feature Chang-Tai Hsieh, along with Schwarzman Scholars/Harvard Medical School's Joan Kaufman and the Financial Times' Nian Liu (Stigler Center Journalist in Residence, 2021). Register here.Revisit previous webinars hosted by the Stigler Center on China’s political economy and read a summary: https://www.promarket.org/2023/02/02/event-notes-chinas-political-economy-in-review/ Economists share blame for China’s ‘monstrous’ turn, Janos Kornai in the Financial Times.

2 Helmi 202350min

19 Tammi 202335min

Capitalisn't will be back in your feeds with a brand new episode on January 19. Don't forget to rate and review our podcast if you haven't already, and leave us a voicemail at https://www.speakpipe.com/Capitalisnt.

5 Tammi 202354min

22 Joulu 202248min

Read an excerpt from the book here: https://www.promarket.org/2022/10/03/why-streaming-doesnt-pay/

8 Joulu 202256min

We're taking the holiday off to be with our families, but that doesn't stop the economic news. And there is no story bigger than the collapse of the crypto exchange, FTX. One aspect that attracted our attention was Sam Bankman-Fried, the young CEO of FTX, officially bought into a philosophy called Effective Altruism, where you make the most money to give it to the poor. However, in a text exchange with a Vox reporter SBF said "this dumb game we woke westerns play where we say all the right things and so everybody likes us". It reminded us of what Vivek Ramaswamy said about woke capitalism on the show last year. We've decided to replay that show for you, and we'll be back in two weeks with a brand new episode of Capitalisn't. Vivek Ramaswamy, a scientist, lawyer, and former venture capitalist and entrepreneur, has a new book out: "Woke, Inc.: Inside Corporate America's Social Justice Scam". In this book, he argues that "wokeism" has become a way for corporations to wrap themselves in a mantle, which then furthers the idea of crony capitalism and extends their power into spaces they were never meant to be in. Luigi Zingales and Bethany McLean sit down with Ramaswamy to discuss his perspectives on the role of virtue, ethics, and politics in business and society.

24 Marras 202250min