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Pitchfork Economics with Nick Hanauer

Civic Ventures

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Pitchfork Economics with Nick Hanauer

Pitchfork Economics with Nick Hanauer

Civic Ventures

103
Followers
679
Plays
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About Us

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.

Latest Episodes

Debunking deficit myths (with Stephanie Kelton)

Modern Monetary Theory is an attempt to accurately describe how government debt and complex financial systems actually work. MMT can help us responsibly use our resources, and no one is more knowledgeable on the subject than our returning guest this week, Professor Stephanie Kelton. As Congressional debates over the need for a new stimulus package heat up, Kelton explains the myths surrounding MMT and what a new understanding of the budget could do for our economy. Stephanie Kelton is a Professor of Economics and Public Policy at Stony Brook University. She is the leading expert on Modern Monetary Theory. Her new book, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy, shows how to break free of flawed deficit thinking. Twitter: @StephanieKelton Further reading: The Deficit Myth: https://www.indiebound.org/book/9781541736184 Learn To Love Trillion-Dollar Deficits: https://www.nytimes.com/2020/06/09/opinion/us-deficit-coronavirus.html Website: http://pit...

42 MIN4 d ago
Comments
Debunking deficit myths (with Stephanie Kelton)

People are basically good (with Rutger Bregman)

The fundamentals of economic thought are built on the idea that humans are fundamentally self-interested. But, according to historian Rutger Bregman, that’s a misconception — in fact, humans are fundamentally good, and if we want to realistically address our greatest challenges, we need to reconsider our view of our own human nature. Rutger Bregman is a historian. He has published four books on history, philosophy, and economics, including Utopia for Realists and his latest book, Humankind: A Hopeful History. Twitter: @rcbregman Further reading: Humankind: https://www.indiebound.org/book/9780316418539 The neoliberal era is ending. What comes next? https://thecorrespondent.com/466/the-neoliberal-era-is-ending-what-comes-next/61655148676-a00ee89a Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

35 MIN1 w ago
Comments
People are basically good (with Rutger Bregman)

Vaccine development needs new incentives (with Tahir Amin)

COVID-19 has exposed the limits of the pharmaceutical market model. This week, patent law expert Tahir Amin joins the show to explain why vaccine development needs new incentives. Tahir Amin is an attorney dedicated to reshaping patent law to better serve the public. He is the Co-Founder and Co-ED of the Initiative for Medicines, Access, and Knowledge (I-MAK), a global nonprofit organization of attorneys, scientists, and health experts working on systemic changes to intellectual property and the political economy of pharmaceutical innovation. Twitter: @realtahiramin Further reading: Covid-19 has exposed the limits of the pharmaceutical market model: https://www.statnews.com/2020/05/19/covid-19-exposed-limits-drug-development-model/ No vaccine in sight: https://newrepublic.com/article/157594/no-coronavirus-vaccine-big-pharma-drug-patent-system Democrats punt on drug-pricing overhaul in virus relief measure: https://news.bloomberglaw.com/health-law-and-business/democrats-punt-on-drug-...

26 MIN2 w ago
Comments
Vaccine development needs new incentives (with Tahir Amin)

Re-imagining public safety (with King County Councilmember Girmay Zahilay)

Budgets are a reflection of our values, and the money we budget for the police is no exception. Our state and local budgets for what we call “safety” are not getting outcomes that reflect our morals. Seattle-area King County Councilmember Girmay Zahilay joins Nick and Jessyn to lay out five policies elected officials should be pledging to support right now to re-imagine public safety. Girmay Zahilay is a member of the King County Council from District 2. He is an attorney, non-profit founder, and organizer. Twitter: @GirmayZahilay Further reading: City council will consider defunding Seattle Police: https://crosscut.com/2020/06/city-council-will-consider-defunding-seattle-police Washington state’s other epidemic: Mass incarceration: https://crosscut.com/2020/03/washington-states-other-epidemic-mass-incarceration Defund the police? Here’s what that really means: https://www.washingtonpost.com/opinions/2020/06/07/defund-police-heres-what-that-really-means/ Website: http://pitchfor...

30 MIN3 w ago
Comments
Re-imagining public safety (with King County Councilmember Girmay Zahilay)

Podcast Blackout

This week, we are participating in #PodcastBlackout to amplify the seriousness of the need for action to address institutional racism and police violence. After a brief note from Nick, this episode will air 8 minutes and 46 seconds of silence. Below, we've included organizations that are doing the anti-racist work to reform power structures in this country—we hope that you'll turn your attention to them. 8 Minutes and 46 Seconds: How George Floyd Was Killed in Police Custody: https://www.nytimes.com/2020/05/31/us/george-floyd-investigation.html Donate to, follow, support, and learn from: Black Lives Matter: https://blacklivesmatter.com/ Campaign Zero (police accountability): https://www.joincampaignzero.org/ The Bail Project: https://bailproject.org/ National Bail Fund Network (find bail funds in your area): https://www.communityjusticeexchange.org/nbfn-directory NAACP Legal Defense Fund: https://www.naacpldf.org/ Know Your Rights Camp Covid-19 Relief Fund: https://www.knowyourrigh...

9 MINJUN 2
Comments
Podcast Blackout

Why Wall Street gets a bailout and you don’t (with Matt Stoller)

Why are rich corporations getting more stimulus money from the government, and getting it faster, than small businesses and individuals? Matt Stoller returns to the show to explain how recovery funds are distributed: Money isn’t neutral, and how money travels matters. Matt Stoller is the author of BIG, a newsletter about monopoly and finance, and the Director of Research at the American Economic Liberties Project. His recent book, ‘Goliath: The 100-Year War Between Monopoly Power and Democracy’, examines how concentrated financial power and consumerism transformed American politics. Twitter: @matthewstoller Further reading: Subscribe to BIG: https://mattstoller.substack.com/welcome The Cantillon Effect: Why Wall Street gets a bailout and you don’t: https://mattstoller.substack.com/p/the-cantillon-effect-why-wall-street Congress “CARES” for Wealthy with COVID-19 Tax Policy Provisions: https://itep.org/congress-cares-for-wealthy-with-covid-19-tax-policy-provisions/ The Relief Pa...

34 MINMAY 26
Comments
Why Wall Street gets a bailout and you don’t (with Matt Stoller)

Why the market fails in a crisis (with Joseph Stiglitz)

One of the central theories of classical economics is that markets respond quickly and efficiently to changes in demand. But the pandemic clearly demonstrates that the markets aren’t the efficient adapters that classic economists believe them to be. Nobel laureate economist Joseph Stiglitz explains why the tendency to believe in the market is one of the most deeply rooted trickle-down myths, and why government intervention is the best way forward through this economic downturn. Joseph Stiglitz is a Nobel laureate economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. In 2011, Stiglitz was named by Time magazine as one of the 100 most influential people in the world. Known for his pioneering work on asymmetric information, Stiglitz focuses on income distribution, risk, corporate governance, public policy, ma...

42 MINMAY 19
Comments
Why the market fails in a crisis (with Joseph Stiglitz)

Author Interview: Inside the Secret War on Voting with Thom Hartmann

Paul is joined this week by radio host Thom Hartmann to introduce Thom’s most recent book, ‘The Hidden History of the War on Voting: Who Stole Your Vote and How to Get It Back’. In this poignant interview, Thom explains the strategies and tactics that elites have long employed to disenfranchise American citizens and suppress votes. Thom Hartmann is a progressive national and internationally syndicated talk show host. Talkers magazine named him America's most important progressive host and has named his show one of the top ten talk radio shows in the country every year for over a decade. A four-time recipient of the Project Censored Award, Hartmann is also a New York Times bestselling author of twenty-six books, translated into multiple languages. Twitter: @Thom_Hartmann Further reading: The Hidden History of the War on Voting: https://www.indiebound.org/book/9781523087785?aff=penguinrandom Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconom...

24 MINMAY 15
Comments
Author Interview: Inside the Secret War on Voting with Thom Hartmann

Inequality and coronavirus (with Heather Boushey and Michelle Holder)

The burdens of this pandemic are not borne equally. Economists Heather Boushey and Michelle Holder join the show this week to expose how the coronavirus is exacerbating the already-deep inequalities in our society. Heather Boushey is the President & CEO and co-founder of the Washington Center for Equitable Growth. She is one of the nation’s most influential voices on economic policy and a leading economist who focuses on the intersection between economic inequality, growth, and public policy. Her latest book is Unbound: How Economic Inequality Constricts Our Economy and What We Can Do About It. Twitter: @HBoushey Michelle Holder is an Assistant Professor of Economics at John Jay College, City University of New York. Prior to joining the John Jay faculty, she worked professionally as an economist for over a decade in both the nonprofit and government sectors.Her research focuses on blacks and women in the American labor market, and her economic policy reports have been covered by th...

46 MINMAY 12
Comments
Inequality and coronavirus (with Heather Boushey and Michelle Holder)

Austerity will make this recession worse (with Mike Konczal)

When revenues and expenses don’t add up in times of crisis, governments often turn to budget cuts and other austerity measures to balance their accounts. But economists widely agree that the most valuable lesson from the Great Recession is that austerity made the recession worse and slowed down recovery. Mike Konczal joins the show this week to explain why, in a recession, stimulus is particularly powerful and austerity is particularly harmful. Mike Konczal is the Director of Progressive Thought at the Roosevelt Institute, where he works on financial reform, unemployment, inequality, and a progressive vision of the economy. He is a columnist at Vox, a contributor to The Nation, and a contributing editor at Dissent. Twitter: @rortybomb @rooseveltinst Further reading: A forward-thinking policy response to the coronavirus recession: https://rooseveltinstitute.org/forward-thinking-policy-response-coronavirus-recession/ The stimulus plan that we need now: https://www.thenation.com/artic...

39 MINMAY 5
Comments
Austerity will make this recession worse (with Mike Konczal)

Latest Episodes

Debunking deficit myths (with Stephanie Kelton)

Modern Monetary Theory is an attempt to accurately describe how government debt and complex financial systems actually work. MMT can help us responsibly use our resources, and no one is more knowledgeable on the subject than our returning guest this week, Professor Stephanie Kelton. As Congressional debates over the need for a new stimulus package heat up, Kelton explains the myths surrounding MMT and what a new understanding of the budget could do for our economy. Stephanie Kelton is a Professor of Economics and Public Policy at Stony Brook University. She is the leading expert on Modern Monetary Theory. Her new book, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy, shows how to break free of flawed deficit thinking. Twitter: @StephanieKelton Further reading: The Deficit Myth: https://www.indiebound.org/book/9781541736184 Learn To Love Trillion-Dollar Deficits: https://www.nytimes.com/2020/06/09/opinion/us-deficit-coronavirus.html Website: http://pit...

42 MIN4 d ago
Comments
Debunking deficit myths (with Stephanie Kelton)

People are basically good (with Rutger Bregman)

The fundamentals of economic thought are built on the idea that humans are fundamentally self-interested. But, according to historian Rutger Bregman, that’s a misconception — in fact, humans are fundamentally good, and if we want to realistically address our greatest challenges, we need to reconsider our view of our own human nature. Rutger Bregman is a historian. He has published four books on history, philosophy, and economics, including Utopia for Realists and his latest book, Humankind: A Hopeful History. Twitter: @rcbregman Further reading: Humankind: https://www.indiebound.org/book/9780316418539 The neoliberal era is ending. What comes next? https://thecorrespondent.com/466/the-neoliberal-era-is-ending-what-comes-next/61655148676-a00ee89a Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

35 MIN1 w ago
Comments
People are basically good (with Rutger Bregman)

Vaccine development needs new incentives (with Tahir Amin)

COVID-19 has exposed the limits of the pharmaceutical market model. This week, patent law expert Tahir Amin joins the show to explain why vaccine development needs new incentives. Tahir Amin is an attorney dedicated to reshaping patent law to better serve the public. He is the Co-Founder and Co-ED of the Initiative for Medicines, Access, and Knowledge (I-MAK), a global nonprofit organization of attorneys, scientists, and health experts working on systemic changes to intellectual property and the political economy of pharmaceutical innovation. Twitter: @realtahiramin Further reading: Covid-19 has exposed the limits of the pharmaceutical market model: https://www.statnews.com/2020/05/19/covid-19-exposed-limits-drug-development-model/ No vaccine in sight: https://newrepublic.com/article/157594/no-coronavirus-vaccine-big-pharma-drug-patent-system Democrats punt on drug-pricing overhaul in virus relief measure: https://news.bloomberglaw.com/health-law-and-business/democrats-punt-on-drug-...

26 MIN2 w ago
Comments
Vaccine development needs new incentives (with Tahir Amin)

Re-imagining public safety (with King County Councilmember Girmay Zahilay)

Budgets are a reflection of our values, and the money we budget for the police is no exception. Our state and local budgets for what we call “safety” are not getting outcomes that reflect our morals. Seattle-area King County Councilmember Girmay Zahilay joins Nick and Jessyn to lay out five policies elected officials should be pledging to support right now to re-imagine public safety. Girmay Zahilay is a member of the King County Council from District 2. He is an attorney, non-profit founder, and organizer. Twitter: @GirmayZahilay Further reading: City council will consider defunding Seattle Police: https://crosscut.com/2020/06/city-council-will-consider-defunding-seattle-police Washington state’s other epidemic: Mass incarceration: https://crosscut.com/2020/03/washington-states-other-epidemic-mass-incarceration Defund the police? Here’s what that really means: https://www.washingtonpost.com/opinions/2020/06/07/defund-police-heres-what-that-really-means/ Website: http://pitchfor...

30 MIN3 w ago
Comments
Re-imagining public safety (with King County Councilmember Girmay Zahilay)

Podcast Blackout

This week, we are participating in #PodcastBlackout to amplify the seriousness of the need for action to address institutional racism and police violence. After a brief note from Nick, this episode will air 8 minutes and 46 seconds of silence. Below, we've included organizations that are doing the anti-racist work to reform power structures in this country—we hope that you'll turn your attention to them. 8 Minutes and 46 Seconds: How George Floyd Was Killed in Police Custody: https://www.nytimes.com/2020/05/31/us/george-floyd-investigation.html Donate to, follow, support, and learn from: Black Lives Matter: https://blacklivesmatter.com/ Campaign Zero (police accountability): https://www.joincampaignzero.org/ The Bail Project: https://bailproject.org/ National Bail Fund Network (find bail funds in your area): https://www.communityjusticeexchange.org/nbfn-directory NAACP Legal Defense Fund: https://www.naacpldf.org/ Know Your Rights Camp Covid-19 Relief Fund: https://www.knowyourrigh...

9 MINJUN 2
Comments
Podcast Blackout

Why Wall Street gets a bailout and you don’t (with Matt Stoller)

Why are rich corporations getting more stimulus money from the government, and getting it faster, than small businesses and individuals? Matt Stoller returns to the show to explain how recovery funds are distributed: Money isn’t neutral, and how money travels matters. Matt Stoller is the author of BIG, a newsletter about monopoly and finance, and the Director of Research at the American Economic Liberties Project. His recent book, ‘Goliath: The 100-Year War Between Monopoly Power and Democracy’, examines how concentrated financial power and consumerism transformed American politics. Twitter: @matthewstoller Further reading: Subscribe to BIG: https://mattstoller.substack.com/welcome The Cantillon Effect: Why Wall Street gets a bailout and you don’t: https://mattstoller.substack.com/p/the-cantillon-effect-why-wall-street Congress “CARES” for Wealthy with COVID-19 Tax Policy Provisions: https://itep.org/congress-cares-for-wealthy-with-covid-19-tax-policy-provisions/ The Relief Pa...

34 MINMAY 26
Comments
Why Wall Street gets a bailout and you don’t (with Matt Stoller)

Why the market fails in a crisis (with Joseph Stiglitz)

One of the central theories of classical economics is that markets respond quickly and efficiently to changes in demand. But the pandemic clearly demonstrates that the markets aren’t the efficient adapters that classic economists believe them to be. Nobel laureate economist Joseph Stiglitz explains why the tendency to believe in the market is one of the most deeply rooted trickle-down myths, and why government intervention is the best way forward through this economic downturn. Joseph Stiglitz is a Nobel laureate economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance and Social Progress at the OECD, and the Chief Economist of the Roosevelt Institute. In 2011, Stiglitz was named by Time magazine as one of the 100 most influential people in the world. Known for his pioneering work on asymmetric information, Stiglitz focuses on income distribution, risk, corporate governance, public policy, ma...

42 MINMAY 19
Comments
Why the market fails in a crisis (with Joseph Stiglitz)

Author Interview: Inside the Secret War on Voting with Thom Hartmann

Paul is joined this week by radio host Thom Hartmann to introduce Thom’s most recent book, ‘The Hidden History of the War on Voting: Who Stole Your Vote and How to Get It Back’. In this poignant interview, Thom explains the strategies and tactics that elites have long employed to disenfranchise American citizens and suppress votes. Thom Hartmann is a progressive national and internationally syndicated talk show host. Talkers magazine named him America's most important progressive host and has named his show one of the top ten talk radio shows in the country every year for over a decade. A four-time recipient of the Project Censored Award, Hartmann is also a New York Times bestselling author of twenty-six books, translated into multiple languages. Twitter: @Thom_Hartmann Further reading: The Hidden History of the War on Voting: https://www.indiebound.org/book/9781523087785?aff=penguinrandom Website: http://pitchforkeconomics.com/ Twitter: @PitchforkEcon Instagram: @pitchforkeconom...

24 MINMAY 15
Comments
Author Interview: Inside the Secret War on Voting with Thom Hartmann

Inequality and coronavirus (with Heather Boushey and Michelle Holder)

The burdens of this pandemic are not borne equally. Economists Heather Boushey and Michelle Holder join the show this week to expose how the coronavirus is exacerbating the already-deep inequalities in our society. Heather Boushey is the President & CEO and co-founder of the Washington Center for Equitable Growth. She is one of the nation’s most influential voices on economic policy and a leading economist who focuses on the intersection between economic inequality, growth, and public policy. Her latest book is Unbound: How Economic Inequality Constricts Our Economy and What We Can Do About It. Twitter: @HBoushey Michelle Holder is an Assistant Professor of Economics at John Jay College, City University of New York. Prior to joining the John Jay faculty, she worked professionally as an economist for over a decade in both the nonprofit and government sectors.Her research focuses on blacks and women in the American labor market, and her economic policy reports have been covered by th...

46 MINMAY 12
Comments
Inequality and coronavirus (with Heather Boushey and Michelle Holder)

Austerity will make this recession worse (with Mike Konczal)

When revenues and expenses don’t add up in times of crisis, governments often turn to budget cuts and other austerity measures to balance their accounts. But economists widely agree that the most valuable lesson from the Great Recession is that austerity made the recession worse and slowed down recovery. Mike Konczal joins the show this week to explain why, in a recession, stimulus is particularly powerful and austerity is particularly harmful. Mike Konczal is the Director of Progressive Thought at the Roosevelt Institute, where he works on financial reform, unemployment, inequality, and a progressive vision of the economy. He is a columnist at Vox, a contributor to The Nation, and a contributing editor at Dissent. Twitter: @rortybomb @rooseveltinst Further reading: A forward-thinking policy response to the coronavirus recession: https://rooseveltinstitute.org/forward-thinking-policy-response-coronavirus-recession/ The stimulus plan that we need now: https://www.thenation.com/artic...

39 MINMAY 5
Comments
Austerity will make this recession worse (with Mike Konczal)

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