4.8 • 1.5K Ratings
🗓️ 9 July 2024
⏱️ 45 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 from the middle out, not the top down. |
0:15.0 | Middle out economics is the answer. |
0:18.0 | Because Wall Street didn't build this country. |
0:20.0 | Great middle class built this country. |
0:22.0 | The more the middle class thrives, the better the economy from the middle out. |
0:42.0 | Welcome to the show. build the economy from the middle out. |
0:42.6 | Welcome to the show. Goldie today we get to talk to one of my absolute favorite people. |
0:54.0 | Done Farmer is a renowned physicist and mathematician who is currently a professor at the |
1:02.0 | Institute for New Economic Thinking where my colleague, |
1:05.4 | our good friend Eric Bienacher, works. |
1:08.1 | He runs the Institute. |
1:10.9 | And today we get to talk to him about his new book making sense of chaos, which addresses how complex systems can be applied to economics. |
1:22.2 | And Don, like Don is just one of the world's most brilliant and |
1:26.5 | interesting people he's had an insanely consequential career in the academy but also done crazy stuff like |
1:36.7 | applied this really modern mathematics to to beating the market to beating |
1:42.1 | casinos in Las Vegas. |
1:44.5 | You know, he's a really extraordinary character |
1:48.5 | and so smart, so funny. |
1:50.8 | I can't remember, have you ever met Doan before, Goldie? We had him on the podcast with |
1:56.2 | Eric once before. A long time ago. A long time ago. I've never actually met him in person. |
2:01.8 | Yeah, yeah, yeah, just an incredible person and and |
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