4.8 • 1.5K Ratings
🗓️ 16 April 2024
⏱️ 32 minutes
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0:00.0 | The rising inequality and growing political instability that we see today are the direct result of decades of bad economic theory. |
0:10.0 | It's time to build our economy from the bottom up and the middle out, not the top down. |
0:15.3 | Middle out economics is the answer. |
0:17.7 | Because Wall Street didn't build this country. |
0:20.0 | Great middle class built this country. |
0:22.2 | The more the middle class thrives, |
0:24.4 | the better the economy is for everyone, |
0:27.5 | even rich people like me. This is pitchfork economics with Nick Hanauer, a podcast about how to build the economy from the middle out. |
0:42.0 | Welcome to the show. |
0:44.0 | If you can't tell from the tone of my voice, Nick, obviously you know, the COVID finally got me. |
0:55.7 | And it got me at a, unfortunately, at a conference in DC we were recently at. |
1:01.7 | I did get to catch the opening day. You were on a panel. |
1:06.5 | Give us a little heads up. What was it about? Because we're about to air some excerpts from it. |
1:12.0 | Yeah, so Goldie, we spent the week, last week in DC. |
1:16.0 | There was a conference hosted by the journal Democracy on middle out economics |
1:22.0 | and it was a who's who of people from the administration |
1:26.4 | and economic policy makers talking about what middle out economics is where it came |
1:32.1 | from how to do more of it, and how to defeat trickle down |
1:35.8 | and neoliberalism. And it was spectacular. I mean, it was a really incredibly interesting and lively couple of days. |
1:47.8 | And that first panel was headlined by me and my old friend Heather Bache, who's the chief economist for the Council of Economic |
1:58.0 | Advisors, you know, the funny part about this is that Heather and I go way, way way way back. Heather was at the Center for American |
2:05.1 | progress when I did a lot of work with them. She was one of the most consequential economic |
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