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PODCAST

Pitchfork Economics with Nick Hanauer

We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.

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All Episodes

57:03

The hidden costs of banking while poor (with Mehrsa...

Pitchfork Economics with Nick Hanauer ·

2021/12/07

The average family earning $25,000 a year in the U.S. spends about $2,400 on financial transactions. Whether it’s the astronomical interest rates of a payday loan or the costs that come with being unbanked, the extractive practices of the financial services industry are effectively keeping the poor in poverty. Lawyer and author Mehrsa Baradaran and economic mobility expert Cate Blackford join Nick and Steph this week to explain why banking while poor is so expensive, and what states can do to rein

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36:17

Make the clean stuff cheap (with Eric Beinhocker &...

Pitchfork Economics with Nick Hanauer ·

2021/11/30

Until very recently, the prevailing wisdom cautioned that transitioning to a clean energy economy would be extremely expensive, and therefore only possible if undertaken slowly. New research upends that thinking—when it comes to going green, the faster we go, the cheaper it will be. University of Oxford professors Eric Beinhocker and Doyne Farmer talk with Nick about a new strategy for clean technology that could transform the climate fight. Eric Beinhocker is a Professor of Public Policy Practice

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33:36

Why can’t we talk about homelessness? (with Josephine...

Pitchfork Economics with Nick Hanauer ·

2021/11/23

The number of unhoused Americans is at a historically high rate right now. This podcast is produced in Seattle, a city with the third highest homeless population in the U.S. Though many Seattleites identify as progressive, we can’t reach a consensus on how to help our most vulnerable populations—or even find agreement on the root causes of the housing crisis. Why are perspectives on homelessness, and possible solutions to it, so polarized? Josephine Ensign, a University of Washington nurse and

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56:41

How taxpayers subsidize corporate profits (with Rana...

Pitchfork Economics with Nick Hanauer ·

2021/11/16

Every company you can think of has benefitted from a public investment. Whether it’s direct handouts through the tax code, government research efforts, or employee reliance on programs like EITC or TANF, taxpayers are subsidizing wildly profitable companies. David Dayen, the executive editor of The American Prospect, and Financial Times associate editor Rana Foroohar join Nick and Zach to explain how we let corporate parasites get so out of control—and what we can do about it. This episode was

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29:29

How the tax system impoverishes Black Americans (with...

Pitchfork Economics with Nick Hanauer ·

2021/11/09

We know that the tax system is set up to advantage people with money. And we know that in the U.S., people with money are disproportionately white. But what many people don’t realize is that the tax system actively advantages white families. Tax law professor Dorothy Brown explains how racial inequality is baked into tax policy in non-obvious ways, and how that affects wealth-building. Dorothy A. Brown is professor of law at Emory University School of Law. She is a nationally recognized scholar in

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39:39

The free market economics of synthetic opioids (with...

Pitchfork Economics with Nick Hanauer ·

2021/11/02

The opioid crisis in the United States is a textbook example of free market economics. The powerful lie, manipulate, and skirt regulations to make buckets of money, while innocent people suffer. Journalist Sam Quinones joins Goldy and Paul to unpack the economics behind the opioid crisis, and the new threat of synthetic opioids like fentanyl. Sam Quinones is a journalist best known for his reporting in Mexico and on Mexicans in the United States. He is the author of the award-winning Dreamland: The

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35:06

How to stand up for voting rights (with Andrea Hailey)

Pitchfork Economics with Nick Hanauer ·

2021/10/26

Behind every aspect of the voting system that makes it harder to vote, there’s a policy that made it that way. Andrea Hailey, the CEO of Vote.org, joins Nick and Goldy to explain how voter suppression happens, and what reforms would help ensure a truly inclusive democracy. Andrea Hailey is the CEO of Vote.org, the nation’s largest nonpartisan digital voter engagement organization. Twitter: @AndreaEHailey Vote.org: https://www.vote.org/ Website: http://pitchforkeconomics.com/ Twitter:

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32:24

Thanks to unemployment insurance, poverty declined...

Pitchfork Economics with Nick Hanauer ·

2021/10/19

It’s been a little over a month since the unemployment benefits programs that were established by the CARES Act expired, so we’re taking a look at how well they worked. Washington Post writer Amy Goldstein and Elliott Morris, a data journalist at The Economist, deliver the facts to Jessyn and Paul. Amy Goldstein is a staff writer at The Washington Post, where much of her work has focused on social policy. She is the author of Janesville: An American Story. Twitter: @goldsteinamy Elliott Morris

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32:56

How corporate concentration hurts the economy (with...

Pitchfork Economics with Nick Hanauer ·

2021/10/12

Anti-monopoly and pro-local advocate Stacy Mitchell joins the show to talk about small business, big business, and decentralizing economic power. Stacy Mitchell is the co-director of the Institute for Local Self-Reliance. She directs ILSR’s Independent Business Initiative, which produces research and analysis and partners with a broad range of allies to design and implement policies to reverse corporate concentration and strengthen local enterprise. Twitter: @stacyfmitchell Further

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49:51

Why philanthropy isn’t the answer (with Anand...

Pitchfork Economics with Nick Hanauer ·

2021/10/05

Few books have shaken the philanthropy world more than ‘Winners Take All’, Anand Giridharadas’s blistering critique of wealthy do-gooders. Global elites who ostentatiously give away hundreds of millions of dollars, he argues, are actually just preserving the status quo that grants them power in the first place. On this episode, originally recorded and released in October 2019, Anand joins Nick and Goldy to explain how do-gooding can perpetuate inequality. Anand Giridharadas is a writer. His most

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33:16

Redefining skill (with Nichola Lowe)

Pitchfork Economics with Nick Hanauer ·

2021/10/01

Who are the winners and losers in our skill development system? How can we move the onus of skill further into the purview of employers and away from our education system? UNC Professor Nichola Lowe talks to Goldy about the future of “skill” as we know it in the economy, and what’s at stake if we get it wrong. Nichola Lowe is a professor in City and Regional Planning at UNC-Chapel Hill. Her work focuses on the institutional arrangements that lead to more inclusive forms of urban and regional

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46:27

Capitalism is working better in Finland (with Anu...

Pitchfork Economics with Nick Hanauer ·

2021/09/28

Contrary to popular belief, Nordic countries aren’t actually socialist! No, friends, the Nords are capitalists—but they pull it off much better than we do. To help re-imagine American capitalism, writers Anu Partanen and Trevor Corson join us this week all the way from Finland. This episode was originally recorded and posted in February 2020. Anu Partanen is a journalist and the author of The Nordic Theory of Everything. The book debunks some of the most common myths about Nordic societies and

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28:32

Right-to-work is bad for workers (with Shane Larson)

Pitchfork Economics with Nick Hanauer ·

2021/09/24

Right-to-work laws, which make unionizing more difficult in 28 states, could more accurately be referred to as right-to-work… for less. Why? On average, worker pay drops 3.1% when right-to-work laws are passed. Shane Larson from CWA, the largest communications and media labor union in the U.S., joins Goldy to explain why right-to-work laws are so harmful, how they came to be, and why it’s so important to pass the PRO Act to fight for workers’ rights. Shane Larson is the Senior Director for

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45:14

How neoliberalism captured Democrats (with James Kwak)

Pitchfork Economics with Nick Hanauer ·

2021/09/21

Democrats used to be known as the party of the working people—so how did they get so off track? Who took over the party, and why? Author and professor James Kwak joins Nick and Paul in a blistering analysis of the decline of the Democratic Party, and explains how we can get it back on track. This episode originally aired in January 2020. News clips credit: C-SPAN, ProfGP, CNN James Kwak is a professor at the UConn School of Law and the chair of the board of the Southern Center for Human Rights

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30:21

Why restaurants can’t find workers (with restaurateur...

Pitchfork Economics with Nick Hanauer ·

2021/09/17

DC restaurateur Mark Bucher explains what’s behind the “labor” shortage (hint: it’s the wages), the role that restaurant owners need to play in stopping the “churn and burn” model of low-wage workers, and the future of the restaurant industry post-Covid. Mark Bucher is the co-owner of Medium Rare, a decade-old steakhouse with three locations in D.C., Arlington, and Bethesda. During the pandemic, he established “Feed the Fridge”, a project that places refrigerators around the DC metro area and pays

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44:20

What convinces people to act in the interest of...

Pitchfork Economics with Nick Hanauer ·

2021/09/14

What does it take for someone to act in the interest of others? What constitutes trust in general, and trust in government in particular? Margaret Levi, a professor of political and behavioral sciences, shares her research on how people can be persuaded to act in the interest of others if they don’t already want to. The conversation covers vaccines, unions, citizen confidence in government, and a lot more. And make sure not to miss these Pitchfork-adjacent opportunities: Sign up for Econ Con, an

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50:55

How Covid shook the world’s economy (with Adam Tooze)

Pitchfork Economics with Nick Hanauer ·

2021/09/07

There have been far more lethal pandemics than Covid-19, but the scale of our response to Covid-19 is dramatically new. For the first time in human history, our civilization made a collective decision to shut much of the world economy down. Contemporary historian Adam Tooze helps us understand what happened, why it happened, and how we can learn from it. Sign up for our new weekly newsletter, The Pitch: https://civicventures.substack.com/ Adam Tooze holds the Shelby Cullom Davis chair of History

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40:02

Why is getting out of poverty so hard? (with Felicia...

Pitchfork Economics with Nick Hanauer ·

2021/08/31

Roosevelt Institute President Felicia Wong and writer Hanna Brooks Olsen join Nick and Goldy to explore how the intense burdens of poverty make it nearly impossible to even think about climbing the economic ladder. This episode was originally recorded and released in 2019. Sign up for our new weekly newsletter, The Pitch: https://civicventures.substack.com/ Felicia Wong is the President and CEO of the Roosevelt Institute. Twitter: @FeliciaWongRI @rooseveltinst Hanna Brooks Olsen is a writer

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45:13

Why is the child tax credit good economic policy?...

Pitchfork Economics with Nick Hanauer ·

2021/08/24

Everything you need to know about what the expanded child tax credit actually is, why it’s good policy, and how it will impact people’s lives. Wendy Bach is a Professor of Law at the University of Tennessee, Knoxville. She is a nationally recognized expert in poverty law. Twitter: @wendyabach Biden’s child tax credit is a step away from a discriminatory system: https://qz.com/2034199/how-does-the-us-child-tax-credit-work/ Two-thirds of people now receive monthly benefit checks:

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33:32

How the credit market drives up housing prices (with...

Pitchfork Economics with Nick Hanauer ·

2021/08/17

What’s the next generation of access to credit? Why are home prices and rents so out-of-whack with each other? And how can we approach the discord between what liberals say they want for their community versus what housing and development policies they’ll actually support? Glenn Kelman, the CEO of real estate brokerage website Redfin, helps us examine the future of housing and the best ways that companies like his can contribute to solving the housing crisis. And if you’re wondering why this

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403 results

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