The Invisible Hand Doesn’t Want to Change Diapers
Optimist Economy
Kathryn Anne Edwards and Robin Rauzi
4.9 • 829 Ratings
🗓️ 20 May 2025
⏱️ 59 minutes
🧾️ Download transcript
Summary
Child care is exhibit A that not everything can be solved by private marketplaces. It is too expensive and too scarce — and as Kathryn Edwards points out, nothing will change that fact. (Maybe you’ve heard someone say that preschool costs more than state university tuition? True in 38 states.) Even among those who think that there’s a role for the government to play in early childhood care, there are still very strong disagreements about what public support should look like and who it should go to. This is a sequel of sorts to our conversation last week about U.S. birth rates last week and the demographics that might force big policy changes in the years to come.
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Transcript
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| 0:00.0 | All right, we're doing this, fam? |
| 0:01.5 | Let's do it. |
| 0:02.5 | Let's do it. |
| 0:03.4 | Let's do it. |
| 0:04.9 | We sound so excited. |
| 0:05.9 | Let's do it. |
| 0:06.2 | Let's do a guest podcast. |
| 0:08.8 | That's podcast. |
| 0:09.6 | That's podcast. |
| 0:14.2 | Hello and welcome to Optimist Economy. |
| 0:20.0 | I'm Catherine. |
| 0:27.0 | I'm Robin. On this show, we believe the U.S. economy can be better, and we talk about how to get there one problem and solution at a time. |
| 0:40.0 | All right. I think we have a couple announcements. Robin, what's yours? Well, first, I want to say we've gotten some really, really nice reviews on Apple Podcasts. And if you like the show and you want us to |
| 0:45.6 | keep doing it, it'd be great if you would review us there. But this review came in last week that said, |
| 0:51.4 | I enjoy the quote, in the beginning creatures emerged from the slime answers. |
| 0:56.0 | I sometimes am accused of explaining, but I feel the history of a thing is very important. |
| 1:01.1 | My only critique is that this show could be longer. I normally listen at one and a quarter speed |
| 1:05.9 | and the current length format flies by, to which I'm like, first of all, fella, just slow it down if you |
| 1:11.2 | want it to be longer. |
| 1:12.3 | Second of all, do not encourage her. |
| 1:16.2 | Oh, my God. |
| 1:17.3 | Four hours. |
... |
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