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Artwork for Economics for Inclusive Prosperity

Economics for Inclusive Prosperity

Economics for Inclusive Prosperity
Economic Inequality
Zero-Sum Thinking
Fairness
Immigration
Economic Policy
Macroeconomics
Redistribution
Democracy
Debt
Wealth Concentration
Harvard University

We need an alternative vision of economics to replace failed neoliberalism and rising economic nationalism. In a world facing record inequality, climate peril, and rising illiberalism, how do we build a more inclusive, more sustainable, more prosperous economy for everyone? This is the podcast of Economics for Inclusive Prosperity, a network of economists working to inspire new thinking in their f... more

PublishesTwice monthlyEpisodes4Foundeda month ago
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BusinessGovernment

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Artwork for Economics for Inclusive Prosperity

Latest Episodes

University of Oxford economist Max Kasy is pushing back hard on the popular notion that artificial intelligence is an unstoppable technological tidal wave and we're all on the beach waiting powerlessly for it to crash over us. That view of AI is wron... more

Optimists see the glass as half full. Pessimists see it as half empty. Zero-sum thinkers believe that if someone else’s glass is full, that water was more than likely taken from their glass. Zero-sum thinking is a primary field of study for our guest... more

Princeton University economist Atif Mian says record wealth inequality has become a major macroeconomic problem. Born and raised in Pakistan, Mian came to the United States to study math and engineering at MIT, where he discovered economics and event... more

Neoliberalism and economic nationalism are the two dominant meta-models for the global economy today. Proponents call them pathways to prosperity, but both have been blamed for exacerbating ongoing climate degradation, record levels of inequality, an... more

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Recent Guests

Stefanie Stantcheva
Harvard economist and Nathaniel Ropes Professor of Political Economy
Harvard University
Episode: Zero-sum thinking's profound effects on economic policy
Atif Mian
Princeton University economist and co-director of the Economics for Inclusive Prosperity network
Princeton University
Episode: Distribution matters: Why record inequality is a big macroeconomic problem

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#119
Finland/Business

Talking Points

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Zero-sum thinking's profound effects on economic policy
Q: So how do I present my policy proposal in the most positive light in terms of this fairness or unfairness question?
The real question is to try to understand what are people's concerns and preferences and constraints. Fairness matters a lot to people and can shape their policy preferences.
Zero-sum thinking's profound effects on economic policy
Q: But can you talk about how you define it specifically in your field, which is economics?
Zero-sum thinking is the belief that if you get a larger slice, I must be getting a smaller slice. It reflects a mindset where individuals believe that one group's gain comes at the expense of others.
Distribution matters: Why record inequality is a big macroeconomic problem
Q: What are the long-term consequences if we don't address the addiction to credit and the current imbalance in the economy?
If the structural problems of extreme inequality are not addressed, it leads to a greater concentration of power and wealth, undermining democracy and causing macroeconomic instability.
Distribution matters: Why record inequality is a big macroeconomic problem
Q: Can you explain how the mechanism of rising wealth inequality affects global debt and interest rates?
The super-rich save at a much higher rate than the rest of the population, leading to surplus savings that must be absorbed by the economy, resulting in lower interest rates and a greater reliance on unproductive debt.

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1. Ones and Tooze
2. The Economics Show
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4. The Ezra Klein Show
5. The Rest Is History

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Economics for Inclusive Prosperity launched a month ago and published 4 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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1. Stefanie Stantcheva
2. Atif Mian

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