Reinvigorating antitrust law for real trust-busting; and
Rebalancing political power through institutional reform.
Bharat Ramamurti, a coauthor of the True New Deal, joined Hanauer to discuss the big ideas behind the plan.
Ramamurti isn t some dilettante in the world of economics: He s served as an economic advisor to Senator Elizabeth Warren, and he recently left his position as the managing director of the Roosevelt Institute s Corporate Power Program to serve as the deputy director of the incoming Biden administration s National Economic Council. He ll have a direct hand in shaping America s economic policy in the months ahead.
Ramamurti says the team at Roosevelt wrote the True New Deal to reorient the role of public power in the economy, reassert that role, and, in doing so, fundamentally change the way that money flows through the economy.
Liu Jie/Xinhua/Getty Images
Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the Pitchfork Economics podcast with Nick Hanauer and David Goldstein.
In this week s episode of Pitchfork Economics, Hanauer and guest cohost Jessyn Farrell spoke with Anat Admati, a finance professor at Stanford s Graduate School of Business, on how banking is regulated in the US.
Admati says it s natural for elected leaders to create more safety nets to make banking safe for American consumers.
The concept of government deregulation won t result in less regulations, Admati explains, but instead will allow banks to create their own regulations that can be prone to negligence and fraud.
I would have been dead wrong, of course.
The economic downturn accompanying the pandemic was the biggest economic story of 2020, and it wasn t even close.
Even back in April, less than a month after lockdowns rolled out across the country, ordinary Americans could tell that the corporate handouts in the CARES Act stimulus package were designed to benefit the wealthy while everyone else was hung out to dry. That early outrage turned out to be prescient, as the PPP funds that were supposed to keep small businesses afloat during the pandemic were instead funneled through big banks to their wealthiest clients.
Forget fairness: Canceling all student debt makes great economic sense for America - here s why
Paul ConstantDec 25, 2020, 20:51 IST
Countless Americans are burdened with student loan debt that can hold them back from buying homes or starting businesses.recep-bg/Getty
Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the Pitchfork Economics podcast with Nick Hanauer and David Goldstein.
In this week s episode of Pitchfork Economics, Hanauer and Goldstein spoke with Fenaba Addo, an associate professor at University of Wisconsin Madison whose research focuses on racial disparities and
student debt.
Release date: Jan 12, 2021
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A man wanted by two governments, Peter Ash has found a simple, low-profile life in Milwaukee, living with his girlfriend June and renovating old buildings with his friend Lewis. Staying out of trouble is the key to preserving this fragile peace . . . but when Peter spots a suspicious armed man walking into a crowded market, he knows he can t stand by and do nothing.