The Gray Area with Sean Illing21 Helmi 2019

Why should we care about deficits?

Stony Brook University’s Stephanie Kelton is the most influential proponent of Modern Monetary Theory, a heterodox take on government budgets that urges a focus on inflation, rather than deficits. Jason Furman was President Barack Obama’s chief economist, and while he’s firmly in the economic mainstream, he’s been pushing his colleagues to recognize that the economy has changed in ways that make our debt levels less worrying. I asked the two of them to join the podcast together because I wanted to understand some questions at the intersection of their competing theories. Should we worry about government deficits, and if so, when? Does MMT actually offer a free lunch, or is it just a different way of calculating the bill? When can the Federal Reserve print money without triggering inflation? How would an administration that followed MMT actually diverge from what we've seen in the past? Why did so many mainstream economists make such bad predictions about deficits after the financial crisis? And does Medicare-for-all actually need to be paid for? This is a weedsy conversation about one of the most important questions in American governance. Enjoy! Book Recommendations: Thick: And Other Essays by Tressie McMillan Cottom Understanding Modern Money: The Key to Full Employment and Price Stabilityby L. Randall Wray Saving Capitalism from the Capitalists by Raghuram G. Rajan The Worldly Philosophers by Robert L. Heilbroner Learn more about your ad choices. Visit podcastchoices.com/adchoices

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

Jaksot(766)

Meet the policy architect behind the Green New Deal

Last month, Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey introduced a Green New Deal resolution, outlining a bold effort to decarbonize the US economy and forestall the worst effects of climate ch...

28 Maalis 20191h 23min

$The somewhat fractured state of American conservatism$

The somewhat fractured state of American conservatism

Matthew Continetti, editor-in-chief of the Washington Free Beacon, sits down with Vox senior politics reporter Jane Coaston to discuss intellectual conservatism, the legacy of William F. Buckley and R...

25 Maalis 20191h 1min

American politics after Christianity, with Ross Douthat

I’m Vox’s interviews writer, Sean Illing. Lately, I’ve been interested in the following question: Is the decline of institutionalized Christianity making our politics worse? The answer may be yes, but...

21 Maalis 20191h 17min

Why Gov. Jay Inslee is running for president on climate change

Vox senior politics reporter, Jane Coaston speaks to Washington Gov. Jay Inslee at South by Southwest about climate change, his 2020 candidacy, why it's time to eliminate the filibuster, and the Green...

18 Maalis 20191h 6min

ICYMI: Julia Galef

For this episode of The Ezra Klein Show, we're digging into the archives to share another of our favorites with you! * At least in politics, this is an era of awful arguments. Arguments made in bad fa...

14 Maalis 20191h 32min

The roots of extremism, with Deeyah Khan

What draws someone into an extremist movement? Is it about ideology? Race? Politics? So many of our discussions about extremism try to explain away the problem by reducing its complexity, but that bri...

11 Maalis 20191h 23min

ICYMI: Paul Krugman

For this episode of the Ezra Klein show we're digging back into the archives to share another of our favorite episodes with you! *** On October 24, 2016, in the final days of the presidential election...

7 Maalis 20191h 37min

Pop music can make you smarter

Vox takes culture seriously. Our coverage of movies, TV, books, and music delves deep into what our cultural touchstones reveal about who we are and what we care about — and how what we consume influe...

6 Maalis 201921min