Why Politicians Keep Getting It So Wrong - Barry’s Economics

Every Political and Economic debate about poverty and inequality goes the same way. Left says redistribute. Right says grow grow grow. Round and round.Why is it so endlessly circular - and why does nothing ever actually get fixed? One reason could be that there's an entire category of evidence that never makes it into the roomWe account for bias in medicine, law, and aviation. We just don't do it in economic policy. This video is about why that has to change.Sources mentioned:Keltner, D. - The Power ParadoxKraus, M.W. et al. - Social class, solipsism, and contextualismMirror neuron / wealth research - Sukvinder ObhiI’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.How to Support Barry’s EconomicsHelp us stay independent and keep making videos like this.https://www.buymeacoffee.com/barryseconomicshttps://ko-fi.com/barryseconomicshttps://www.patreon.com/barryseconomicsFollow and leave a review if you enjoyed this episode!Mailing List: https://barryferns.co.uk/You can also follow me on Tiktok: tiktok.com/@barryseconomicsInstagram: instagram.com/barryseconomicsTwitter: twitter.com/barryseconomicsSubstack: https://substack.com/@barryseconomicsReddit: https://www.reddit.com/user/barryferns/If you’re new to this, check out Gary's Economics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/