84 | Suresh Naidu on Capitalism, Monopsony, and Inequality

84 | Suresh Naidu on Capitalism, Monopsony, and Inequality

Nations generally want their economies to be rich, robust, and growing. But it's also important to person to ensure that wealth doesn't flow only to a few people, but rather that as many people as possible can enjoy the benefits of a healthy economy. As is well known, the best way to balance these interests is a contentious subject. On one side we might find free-market fundamentalists who want to let supply and demand set prices and keep government interference to a minimum, while on the other we might find enthusiasts for very strong government control over all aspects of the economy. Suresh Naidu is an economist who has delved deeply into how economic performance affects and is affected by other notable social factors, from democracy to revolution to slavery. We talk about these, as well as how concentrations of economic power in just a few hands — monopoly and its cousin, monopsony — can distort the best intentions of the free market.

Support Mindscape on Patreon.

Suresh Naidu received his Ph.D. in economics from the University of California, Berkeley. He is currently professor of economics and international affairs at Columbia University as well as a fellow at Roosevelt Institute, external faculty at the Santa Fe Institute, and a research fellow at National Bureau of Economic Research. His awards include a Sloan Research Fellowship and the "Best Ph.D. Advisor Award" from the Columbia Association of Graduate Economics Students.


Episoder(423)

45 | Leonard Susskind on Quantum Information, Quantum Gravity, and Holography

45 | Leonard Susskind on Quantum Information, Quantum Gravity, and Holography

For decades now physicists have been struggling to reconcile two great ideas from a century ago: general relativity and quantum mechanics. We don't yet know the final answer, but the journey has taken...

6 Mai 20191h 13min

44 | Antonio Damasio on Feelings, Thoughts, and the Evolution of Humanity

44 | Antonio Damasio on Feelings, Thoughts, and the Evolution of Humanity

When we talk about the mind, we are constantly talking about consciousness and cognition. Antonio Damasio wants us to talk about our feelings. But it's not in an effort to be more touchy-feely; Damasi...

29 Apr 20191h 12min

43 | Matthew Luczy on the Pleasures of Wine

43 | Matthew Luczy on the Pleasures of Wine

Some people never drink wine; for others, it's an indispensable part of an enjoyable meal. Whatever your personal feelings might be, wine seems to exhibit a degree of complexity and nuance that can be...

22 Apr 20191h 46min

42 | Natalya Bailey on Navigating Earth Orbit and Beyond

42 | Natalya Bailey on Navigating Earth Orbit and Beyond

The space age officially began in 1957 with the launch of the Sputnik 1 satellite. But recent years have seen the beginning of a boom in the number of objects orbiting Earth, as satellite tracking and...

15 Apr 201959min

41 | Steven Strogatz on Synchronization, Networks, and the Emergence of Complex Behavior

41 | Steven Strogatz on Synchronization, Networks, and the Emergence of Complex Behavior

One of the most important insights in the history of science is the fact that complex behavior can arise from the undirected movements of small, simple systems. Despite the fact that we know this, we'...

8 Apr 20191h 14min

40 | Adrienne Mayor on Gods and Robots in Ancient Mythology

40 | Adrienne Mayor on Gods and Robots in Ancient Mythology

The modern world is full of technology, and also with anxiety about technology. We worry about robot uprisings and artificial intelligence taking over, and we contemplate what it would mean for a comp...

1 Apr 20191h 3min

39 | Malcolm MacIver on Sensing, Consciousness, and Imagination

39 | Malcolm MacIver on Sensing, Consciousness, and Imagination

Consciousness has many aspects, from experience to wakefulness to self-awareness. One aspect is imagination: our minds can conjure up multiple hypothetical futures to help us decide which choices we s...

25 Mar 20191h 19min

38 | Alan Lightman on Transcendence, Science, and a Naturalist's Sense of Meaning

38 | Alan Lightman on Transcendence, Science, and a Naturalist's Sense of Meaning

Let's say, for sake of argument, that you don't believe in God or the supernatural. Is there still a place for talking about transcendence, the sacred, and meaning in life? Some of the above, but not ...

18 Mar 20191h 16min

Populært innen Vitenskap

fastlegen
tingenes-tilstand
jss
rekommandert
forskningno
sinnsyn
tomprat-med-gunnar-tjomlid
rss-nysgjerrige-norge
villmarksliv
rss-paradigmepodden
liberal-halvtime
nevropodden
fjellsportpodden
kvinnehelsepodden
rss-inn-til-kjernen-med-sunniva-rose
diagnose
smart-forklart
psykopoden
tidlose-historier
rss-rekommandert