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Gaël Giraud, founder and leader of the Georgetown University Center for Environmental Justice, talks to Rob Johnson about how liberal democracies will fare in facing the pandemic, whether we could see a rise in authoritarian governments, and why economics needs to take climate change into account

Universal Basic Income is gaining in popularity, among socialists and libertarians alike. But when it comes to implementation, the devil is in the details.

A discussion on Brexit with Iain Begg, Professorial Research Fellow at the European Institute, London School of Economics.

Professor Marlene Kim provided a riveting picture, via her personal family history of the exploitation of the Asian-American working-class in California. She challenged the invisibility of Asian-Americans in discussions of race in America, and also focused on the double burden of discrimination borne by women of color.

The media has failed ask basic questions about the economic thinking — and business record — of Republican presidential nominee Donald Trump, says Pulitzer-prize-winning journalist David Cay Johnston, author of The Making of Donald Trump.

‘Tis the season to celebrate gift giving. But for big banks Santa Claus comes all the time, in the form of handsomely wrapped subsidies and subtly packaged regulatory nuances worth more more gold than the wildest dreams of the Three Wise Men.

The logic of deep global capitalist crises needs to be incorporated centrally into an understanding of the changes in the within-country inequality levels. I present a theoretical framework that incorporates two levels of political economic processes. First,global capitalist crises lead to the creation of an institutional structure or a regime in the capitalist centers that influences inequality in these core countries and in the periphery. Second the class configuration in the non-core countries - a set of institutional arrangements that can be termed local political economy - also plays a key role in determining inequality outcomes.

This research project formulates a new model of bounded rationality, based on the idea that agents will keep a simple, or “sparse,” model of the world.

“Failed at free enterprise? Well, try industrial policy, China style”

“So these companies have been hamstrung by these hedge fund activists that are only interested in making a buck as quickly as possible. And they really don’t care about the long-term sustainability or health of the company. Or is it anything the company might want to do in the way of making products in the future? They’re all about the short term. So they are holding American companies back.” — Lynn Parramore

“In “Private Equity’s Engagement With Health Care: Cause for Concern?” a report to the Institute for New Economic Thinking, researchers Eileen Applebaum and Rosemary Batt found that wages dropped at urgent care centers after acquisitions by private equity companies. They were 9 to 12 percent lower than hospital wages. More consolidation and Amazon’s relentless drive to suppress costs bode more of the same.” — Brian Alexander, Boston Globe

Stephanie Blankenburg, who heads up the Debt and Development Finance Branch of the United Nations Commission on Trade and Development, talks about the urgent need for the world to provide massive loan forgiveness to the developing world in response to the global economic crisis that the coronavirus pandemic has caused.

Rob talks to Nobel laureate economist George Akerlof about economics’ bias against the “soft” social scientific perspectives of anthropology, sociology, and psychology in favor of “hard” economic models that attempt to replicate iron-clad scientific laws. They also discuss how to reform the economics profession and the needs of a new generation of economists.

Robert Borosage, co-founder of the Campaign for America’s Future, talks about the what went well and what did not go well at the Democratic Convention and the Democrats’ failure to recognize that their own economic policies helped bring about Trump

Nelson Barbosa—Professor at the Getúlio Vargas Foundation in São Paulo, former Finance Minister of Brazil, and member of INET’s Global Commission on Economic Transformation—talks to Rob about how faith in the free market is eroding under the COVID-19 pandemic, and how the crisis will impact globalization.