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This is Masters in Business with Barry Redholz on Bloomberg Radio.

This week on the podcast, I have an extra special guest.

His name is Binha Applebound and he is quite the expert on central banks and their policy

and the history of economists in America.

Both his book and our conversation is quite fascinating.

It traces the pivot in American history from where economists are really part of a softer social science

and not really thought of as a hard science and don't have a whole lot of influence

at most levels of government or the monetary apparatus to the point in, let's call it,

the 1980s where all of that changes.

Maybe even in the 1970s where there was some influence on presidents and some major policies

and the past 50 years can really be thought of as the economist hour.

How the economic class has economist class has very much influenced public policy, politics,

fiscal policy, just pretty much the entire of American society can trace a lot of what's taken place

to the economists and their influence which appears to be a coming full circle and starting to wane.

So I found this conversation to be absolutely fascinating as I did the book and I think you will as well.

So with no further ado, my conversation with Binha Applebound.

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