Is economics moral? (with Heather McGhee)

Is economics moral? (with Heather McGhee)

We’ve established that trickle-down economics and neoliberalism are failed philosophies. But we haven’t yet explored whether economics should be moral - should it reflect our behaviors and preferences, or is it a science that lives separately from our societal norms and values? Heather McGhee joins Nick and Paul to argue that an inclusive economy is not only possible, but imperative to growth. Heather McGhee was the President of Demos from 2014-2018, where she is now a Distinguished Senior Fellow. She’s finishing a major book about the personal, economic, and societal costs of racism to everyone in America—including white people. A recognized thought leader on the national stage, Heather serves as a contributor to NBC News and frequently appears on shows such as Meet the Press. Her opinions, writing, and research have appeared in numerous outlets, including The New York Times, The Nation, and The Hill. Twitter: @hmcghee Further reading: https://www.demos.org/issue/economy-opportunity https://www.ineteconomics.org/perspectives/blog/the-moral-burden-on-economists

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Episoder(442)

Myths That Built Trickle-Down Economics: Zombie Economics (with Paul Krugman)

Myths That Built Trickle-Down Economics: Zombie Economics (with Paul Krugman)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that bad economic ideas die once the evidence proves them wrong. They don’t. They come back ...

7 Jul 44min

Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that corporations exist to maximize shareholder value. For decades, Americans were sold the ...

30 Jun 47min

Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

This week, we’re kicking off our archive miniseries, Myths That Built Trickle-Down Economics, with one of the most persistent myths in American politics: that regulation kills growth. Corporate lobby...

23 Jun 39min

AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

AI doomsdayers want us to believe mass job loss would be unprecedented. But Kathryn Anne Edwards has a sharp reminder: In the first five weeks of the pandemic, the U.S. economy shed 22.5 million jobs—...

16 Jun 38min

The Policy Choices That Suppressed American Wages (with Josh Bivens and Larry Mishel)

The Policy Choices That Suppressed American Wages (with Josh Bivens and Larry Mishel)

Why have wages for working Americans stagnated for decades—even as productivity, corporate profits, and the wealth of the people at the top continued to rise? The mainstream explanations are familiar...

9 Jun 38min

Market Humanism: A New Operating System for the Economy (with Nick Hanauer)

Market Humanism: A New Operating System for the Economy (with Nick Hanauer)

For the first time in Pitchfork Economics history, Nick Hanauer is on the other side of the mic. Goldy and Paul sit down with Nick to discuss Market Humanism: the emerging economic paradigm he and Er...

2 Jun 56min

What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

This week, we’re sharing a special episode from Washington Monthly featuring Pitchfork Economics co-host Nick Hanauer and Oxford professor Eric Beinhocker in conversation with Anne Kim about Market Hu...

26 Mai 31min

 The Worker Power Missing From the Abundance Debate (with Kate Andrias and Alexander Hertel-Fernandez)

The Worker Power Missing From the Abundance Debate (with Kate Andrias and Alexander Hertel-Fernandez)

Everyone wants more housing, more clean energy, more transit, more care infrastructure, and more of the things people need to live good lives. But too much of the “abundance” debate treats workers, un...

19 Mai 34min

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