4.8 • 1.5K Ratings
🗓️ 13 February 2024
⏱️ 41 minutes
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0:00.0 | The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory. |
0:10.0 | It's time to build our economy from the bottom up and from the middle out, not the top down. |
0:15.5 | Middle out economics is the answer. |
0:17.8 | Because Wall Street didn't build this country. |
0:20.1 | Great middle class built this country. |
0:22.2 | The more the middle class thrives, the better the economy from the middle out. |
0:42.0 | Welcome to the show. |
0:44.0 | In March of 2019, |
0:52.0 | Nick, we had on the economist Jared Bernstein to talk with us about the board game monopoly. |
1:00.0 | Well, it turns out in the years since he's gone on to a somewhat bigger game. |
1:05.2 | That's right. |
1:06.2 | Today on the podcast we get to talk to my really old friend, |
1:11.2 | Jared Bernstein, who is basically the, |
1:14.8 | he's the chair of the Council of Economic Advisors |
1:18.0 | for President Biden. |
1:19.5 | He also served as Vice President Biden's chief economist and economic advisor from 2009 to 2011. |
1:27.0 | He and I have collaborated on economic policy for, I mean, wow, I think literally for as long as I've been thinking about economics and he is just |
1:36.0 | but he's both a great economist but also a wonderful man just a great lovely guy. |
1:43.0 | And at the center of the Biodinomics revolution. |
1:46.0 | That's right, that's right. |
1:48.0 | And absolutely, you know, Jared and I have gone back and forth on so many things over so many years. |
1:52.9 | And it's just such a great thing for me to see him |
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