Pitchfork Economics Teaser

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 4 December 2018

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.

Transcript

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0:00.0	Bring it right to the point. You ready?
0:02.0	I'm Nick Henauer, founder of Civic Ventures.
0:09.0	So Nick, why are we calling this pitch for economics?
0:12.0	If you don't get economics right, the pitch... Why are we calling this pitchfork economics?
0:12.6	If you don't get economics right, the pitchforks come out.
0:16.0	Violent clashes popping up on a day of demonstrations here at home.
0:20.0	We go!
0:21.0	There we go!
0:22.0	Don't you! Don't you! People are angry and they have a right to be angry and they have a right to be angry because they have been taken advantage of for 40 years.
0:31.0	I think if there's a theme to this podcast and simplest form it's that bad
0:36.2	theory leads to bad policy and bad policy leads to bad outcomes.
0:43.3	Exactly.
0:44.2	I think it's fair to say that every single thing people learned in their economics
0:49.2	courses is just objectively false.
0:52.4	Throughout this broadcast, we will bring in some of the leading heterodox economic thinkers in the world.
0:58.5	I'm Ganesh Sichiraman.
1:00.5	Diane Koyle.
1:01.5	Yewal, Yewal, Noskah, my name is Robert Reich. I'm going to
1:05.0	that I'm going to has created a reasonably unique perspective on both economics and how markets work.
1:17.0	One of the points of this podcast is to call the question on what the purpose of economics is, what the purpose of the economy is.
1:24.4	We're going to talk about a lot of complicated subjects.
1:28.1	We are.
	...

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