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Pitchfork Economics with Nick Hanauer

What are the economics of climate change? (with Governor Jay Inslee and Fadhel Kaboub)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.81.5K Ratings

🗓️ 30 April 2019

⏱️ 49 minutes

🧾️ Download transcript

Summary

All the economic and social policy that we discuss on this podcast won’t matter if we don’t address climate change. Governor Jay Inslee and Professor Fadhel Kaboub join Nick and Goldy to explain that if we don’t get climate right… well, the pitchforks are coming. Jay Inslee is the Governor of Washington state. In March of this year, he announced he is running for president on a platform of combating climate change. Twitter: @JayInslee Fadhel Kaboub is President of the Global Institute for Sustainable Prosperity, and Associate Professor of economics at Denison University. His research focuses on the political economy of the Middle East, and the fiscal and monetary policy dimensions of job creation programs. Twitter: @FadhelKaboub

Transcript

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0:00.0

The fight over climate change becomes a really great way of seeing how

0:07.0

neoclassical economics and neoliberalism leads you down the wrong path.

0:12.0

Do we say who are we going to tax to spend on the military?

0:15.0

That never comes up.

0:16.0

But when it comes to funding the Green New Deal, then who are we going to tax?

0:20.0

Let's be practical. Let's not allow the destruction of the nation. That is a practical thing.

0:25.6

Look when your house is on fire you got to grab some buckets and put the fire out. From the offices of Civic Ventures in downtown Seattle, this is Pitch Fork Economics

0:41.2

with Nick Hanauer.

0:43.2

An honest conversation about how to make capitalism work for everyone. I'm Nick Hanauer, founder of Civic Ventures.

0:55.0

I'm David Goldstein, Senior Fellow at Civic Ventures.

0:59.0

I'm David Goldstein, Senior Fellow at Civic Ventures.

1:05.0

So, hey Nick, we've spent a ton of time on this podcast talking about economics, talking about what's wrong with

1:15.0

neoclassical economics and neoliberalism and how a better understanding of

1:19.1

how the economy leads to better policies and better policies lead to better outcomes and we have a lot of ideas

1:27.1

on what we can do to improve the economy and make it more inclusive and broadly prosperous

1:31.4

for everybody. But really really none of that really matters

1:35.1

this fire planet is blowing up, right? Or if you can't take those ideas, the

1:40.3

abstract economic ideas we've been talking about and instantiate them into policies and

1:47.5

politics, right? And so one of the ways in which it can be instantiated into policies and politics is by doing something

1:56.8

like addressing climate change.

1:58.8

Right, because it doesn't matter how high your wage is if your cities are flooded and your fields are...

2:06.0

Yeah, the planet is on fire.

...

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