Today we branch out a bit and take on one of Robert Reich's popular (but obviously simplistic) videos about what's gone wrong with the economy. Why, we once had strong labor unions, education, and health care, and then big money corrupted politics and we don't have any of these things, and that's where our problems come from. We're further told that the financial crisis was caused by banks "gambling," and by fraud. (He never asks why the banks should suddenly have started gambling at a particular moment, as opposed to 50 years ago; there certainly was no "deregulation" that artificially encouraged "gambling," contrary to popular belief.)
Show notes for Ep. 130
Ep. 225 The Final Episode
Ep. 224 Krugman Bravely Comes Out Against Killing Workers
Ep. 223 Krugman Unwittingly Agrees the Fed Has Driven Stock Market Since 2007
Ep. 222 Why Won't We Listen to the Experts?
Ep. 221 The Destructive Coronavirus Response, Cheered by Krugman
Ep. 220 Coronavirus Economics
Ep. 219 Krugman Wants Perpetual Deficits
Ep. 218 We Need Financial Regulation, Says Krugman
Ep. 217 Do Deficits Help Depressed Economies?
Ep. 216 Krugman Hearts Greta Thunberg
Ep. 215 Don't Worry About the Deficit!
Ep. 214 Austerity Is Just What the World's Economies Needed
Ep. 213 Trump's Tariff War a Flop?
Ep. 212 Trump, Crony Capitalism, and Impeachment
Ep. 211 LIVE FROM VIENNA: Is Europe an Example for the U.S.?
Ep. 210 Elizabeth Warren's Fiscal Fantasies
Ep. 209 Robots Aren't the Problem
Ep. 208 Debt Is Money We Owe to Ourselves, Idiot!
Ep. 207 Krugman Embraces Warren, Discards Economics
Ep. 206 Are You Deranged for Opposing Regulation?
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