December 10, 2019

Does economics have a media problem? (with Matt Gertz)

Most people understand the economy through the news—how it’s doing, what the new laws are, and what experts predict for the future. For better or for worse, that means journalists largely dictate our common knowledge of economics issues. What’s the media’s responsibility as they cover the economy? Media Matters senior fellow Matt Gertz joins Steph and Paul to ponder the question: does economics have a media problem? Matt Gertz is a senior fellow at Media Matters, a progressive research and information center dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation in the U.S. media. Matt’s work focuses on the relationship between Fox News and the Trump administration, news coverage of politics and elections, and media ethics. His writing on the Trump-Fox feedback loop has appeared in The Daily Beast, HuffPost, and Politico Magazine, and he has discussed his analysis on MSNBC, NPR, and Comedy Central. Twitter: @MattGertz Further reading:  Media Matters website: https://www.mediamatters.org/ Who Fact-Checks the Fact-Checkers? https://civicskunk.works/who-fact-checks-the-fact-checkers-da45dc63e00c How local ‘fake news’ websites spread ‘conservative propaganda’ in the US: https://www.theguardian.com/us-news/2019/nov/19/locality-labs-fake-news-local-sites-newspapers Study: Major media outlets show improvement at debunking Trump misinformation on Twitter: https://www.mediamatters.org/donald-trump/study-major-media-outlets-show-improvement-debunking-trump-misinformation-twitter Our website: http://pitchforkeconomics.com/ Our twitter: @PitchforkEcon Our instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer
  • 38 minutes
December 3, 2019
November 29, 2019
November 26, 2019
November 19, 2019

Economic woman (with Katrine Marçal, Lisa D. Cook, and Anna Gifty Opoku-Agyeman)

We’ve heard all about economic man, but what happened to economic woman? Women are noticeably absent in theoretical economic models and—perhaps not so coincidentally—they're also massively underrepresented in the field of economics itself. This week, we’re joined by journalist Katrine Marçal and economists Dr. Lisa Cook and Anna Gifty Opoku-Agyeman in an examination of why women are excluded from economics, and what we can do about it.  Katrine Marçal is a journalist for Dagens Nyheter, Sweden’s most prestigious daily newspaper. Her book Who Cooked Adam Smith’s Dinner? was shortlisted for the August Prize in 2012 and has been translated into 19 languages. Twitter: @katrinemarcal Dr. Lisa D. Cook is an Associate Professor of Economics and International Relations at Michigan State University. Among her current research interests are economic growth and development, financial institutions and markets, innovation, and economic history. As a Senior Economist at the President’s Council of Economic Advisers during the 2011-2012 academic year, Dr. Cook worked on the euro zone, financial instruments, innovation, and entrepreneurship.  Twitter: @drlisadcook Anna Gifty Opoku-Agyeman is a Research Scholar in Economics at Harvard University working at the Blair Economics Lab, a Visiting Research Fellow at the National Bureau of Economic Research, and a pre-doctoral trainee of the NYU/Schmidt Futures Program. She is the co-founder and CEO of The Sadie Collective, a group that supports greater representation of black women in economics and related fields.  Twitter: @itsafronomics Further reading:  Who Cooked Adam Smith’s Dinner? https://www.indiebound.org/book/9781681771427 Opinion: It Was a Mistake for Me to Choose This Field: https://www.nytimes.com/2019/09/30/opinion/economics-black-women.html The Sadie Collective: https://www.sadiecollective.org/our-mission.html Why are there so few women economists? https://review.chicagobooth.edu/economics/2019/article/why-are-there-so-few-women-economists Women’s Economic Agenda: https://www.epi.org/womens-agenda/
  • 55 minutes
November 15, 2019
November 12, 2019
November 5, 2019
October 31, 2019
October 29, 2019

Tax me more, I’m rich (with Abigail Disney and Chye-Ching Huang)

Trickle-down economics would have you believe that the rich are job creators—the more money they have to invest in creating jobs, the better the economy is for everybody. This lie has had catastrophic effects: the top 0.1% of Americans now own more wealth than the bottom 90% of Americans combined. Class traitor Abigail Disney and tax expert Chye-Ching Huang are on this week to make the case for taxing the rich.  Abigail Disney is a documentary filmmaker, philanthropist, and social activist. She is the granddaughter of Roy Disney, the co-founder of the Walt Disney Company. Twitter: @abigaildisney Chye-Ching Huang is the Director of Federal Fiscal Policy at the Center on Budget Policy Priorities, where she focuses on the fiscal and economic effects of federal tax and budget policy. She rejoined the Center in 2011 after working as a Senior Lecturer at the University of Auckland, where she taught tax law and conducted research in tax law and policy.  Twitter: @dashching CenteronBudget Further reading:  For the first time in history, U.S. billionaires paid a lower tax rate than the working class last year: https://www.washingtonpost.com/business/2019/10/08/first-time-history-us-billionaires-paid-lower-tax-rate-than-working-class-last-year/ In Open Letter, Billionaires Co-Sign New Wealth Tax Proposal: ‘Revenue Should Come From the Most Financially Fortunate’: https://time.com/5613228/billionaires-calling-for-wealth-taxes/ Want to grow the economy? Tax rich people like me: https://www.businessinsider.com/nick-hanauer-defends-wealth-tax-grow-economy-create-jobs-2019-7  Disney Heiress Calls for Wealth Tax: ‘We Have To Draw A Line’: https://www.npr.org/2019/06/28/736993245/disney-heiress-calls-for-wealth-tax-we-have-to-draw-a-line Tax Code Can Do More to Narrow Racial Gaps in Income and Wealth: https://www.cbpp.org/blog/tax-code-can-do-more-to-narrow-racial-gaps-in-income-and-wealth Wealth tax explainer: Why Bernie Sanders, Elizabeth Warren and billionaires like George Soros alike are calling for a specialized tax on the ultra-wealthy: https://www.businessinsider.com/wealth-tax-definition-explained-elizabeth-warren-2019-7 Fundamentally Flawed 2017 Tax Law Largely Leaves Low- and Moderate-Income Americans Behind: https://www.cbpp.org/federal-tax/fundamentally-flawed-2017-tax-law-largely-leaves-low-and-moderate-income-americans  The Rich Can’t Get Richer Forever, Can They? https://www.newyorker.com/magazine/2019/09/02/the-rich-cant-get-richer-forever-can-they The Disney heiress who’s begging for a wealth tax says income inequality has created a ‘superclass’ in the US -- and it’s putting the American dream at risk: https://www.businessinsider.com/abigail-disney-income-inequality-american-dream-wealth-tax-2019-6 How the Federal Tax Code Can Better Advance Racial Equity: https://www.cbpp.org/research/federal-tax/how-the-federal-tax-code-can-better-advance-racial-equity
  • 56 minutes
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