October 18, 2019
October 15, 2019

The trade-offs of global trade (with Dean Baker and Port www.bvagm.commissioner Ryan Calkins)

In the 1990s and early 2000s, free trade was considered an unalloyed good. But now, policymakers and economists agree that global trade creates winners and losers—and they acknowledge that we've never really tried to fairly www.bvagm.compensate the losers. Economist Dean Baker and Seattle Port www.bvagm.commissioner Ryan Calkins help us try to imagine a more equitable way forward on international trade.  Dean Baker is a senior economist at the Center for Economic and Policy Research, an organization he co-founded in 1999. His areas of research include housing, consumer prices, intellectual property, trade, employment, Social Security, and Medicare. He is the author of several books, including ‘Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer,’ and his blog, ‘Beat the Press,’ provides www.bvagm.commentary on economic reporting. He is currently a visiting professor at the University of Utah.  Twitter: DeanBaker13 Ryan Calkins is a Port of Seattle www.bvagm.commissioner specializing in sustainable economic development, ensuring that our region's prosperity is shared among all of our www.bvagm.communities. www.bvagm.commissioner Calkins also works as a nonprofit professional at Ventures, a charitable organization that supports low inwww.bvagm.come entrepreneurs who are starting and growing businesses in the Puget Sound Area. Twitter: @ryancalkinsSEA
  • 43 minutes
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October 8, 2019

How neoliberalism happened (with George Monbiot and Binyamin Appelbaum)

It’s trendy to mock the malicious pervasiveness of neoliberalism now, but have you ever wondered what its origins are? This week, George Monbiot and Binyamin Appelbaum join the show to uncover just where the dominant economic theory of our time came from and how it took hold.   George Monbiot writes a weekly column for The Guardian and is the author of a number of books, most recently ‘Out of the Wreckage: A New Politics for an Age of Crisis’. As an investigative journalist and self-described “professional troublemaker,” George uncovers the www.bvagm.complicated truths behind the world’s most persistent problems.  Twitter: @GeorgeMonbiot Binyamin Appelbaum writes about economics and business for the editorial page of The New York Times. From 2010 to 2019, he was a Washington correspondent for the Times, covering economic policy in the aftermath of the 2008 crisis. His new book, ‘The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society’ is a Wall Street Journal Business Bestseller.  Twitter: @BCAppelbaum Further reading:  Out of the Wreckage: https://www.indiebound.org/book/9781786632890 The Economists’ Hour: https://www.indiebound.org/book/9780316512329 Neoliberalism - the ideology at the root of all our problems: https://www.theguardian.com/books/2016/apr/15/neoliberalism-ideology-problem-george-monbiot Games Economists Play: //bostonreview.net/class-inequality/marshall-steinbaum-games-economists-play
  • 1 hours
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October 4, 2019
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September 10, 2019

Does the market really pay you what you’re worth? (with Marshall Steinbaum and Saru Jayaraman)

The theory of marginal product of labor says that every worker is paid exactly what they’re worth—the value that their labor generates. Employers cite marginal productivity to legitimize paying the lowest wages possible, but it’s just another trickle-down scam. Economist Marshall Steinbaum and food labor expert Saru Jayaraman join us this week to expose the lie of marginal productivity and show how it’s been used to exploit workers for centuries.  Marshall Steinbaum is an Assistant Professor of Economics at the University of Utah and a Senior Fellow of Higher Education Finance at the Jain Family Institute. He studies market power in labor markets and its policy implications. He was previously a Senior Economist and Fellow at the Roosevelt Institute, and a Research Economist at the Center for Equitable Growth.  Twitter: @Econ_Marshall Saru Jayaraman is the Co-Founder and President of the Restaurant Opportunities Centers United (ROC United) and Director of the Food Labor Research Center at the University of California, Berkeley. Saru authored ‘Behind the Kitchen Door’, a national bestseller, and her most recent book is ‘Forked: A New Standard for American Dining.’  Twitter: @SaruJayaraman Further reading No, Productivity Does Not Explain Inwww.bvagm.come: https://evonomics.com/no-productivity-does-not-explain-inwww.bvagm.come/  ROC United Diners’ Guide App: https://rocunited.org/diners-guide/ Saru Jayaraman: How Restaurant Workers Are Inheriting a Legacy of Slavery in the U.S.: https://bioneers.org/saru-jayaraman-restaurant-workers-inheriting-legacy-slavery-u-s-ztvz1712/ Evidence and Analysis of Monopsony Power, Including But Not Limited To, In Labor Markets: https://www.ftc.gov/system/files/documents/public_www.bvagm.comments/2018/08/ftc-2018-0054-d-0006-151013.pdf Antitrust and Labor Market Power: https://econfip.org/wp-content/uploads/2019/05/Antitrust-and-Labor-Market-Power.pdf Why Are Economists Giving Piketty the Cold Shoulder?  //bostonreview.net/class-inequality/marshall-steinbaum-why-are-economists-giving-piketty-cold-shoulder
  • 52 minutes
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