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Pitchfork Economics with Nick Hanauer

Ours Was the Shining Future (with David Leonhardt)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.81.5K Ratings

🗓️ 4 June 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

This week, Nick and Goldy are joined by Pulitzer Prize-winning columnist David Leonhardt to discuss his latest book, Ours Was the Shining Future: The Story of the American Dream. They discuss the relationship between academic economics and the forces that sought to dismantle the mid-century consensus that promoted shared economic growth in the post-World War II era. Leonhardt shares anecdotes from his extensive research, highlighting what lessons from the past could guide us toward a more equitable future. David Leonhardt is a Pulitzer Prize-winning journalist and columnist for The New York Times, where he writes its flagship newsletter, “The Morning.” He has also been the newspaper’s Washington bureau chief, an op-ed columnist, a staff writer for The New York Times Magazine, and the founding editor of “The Upshot.” Twitter: @DLeonhardt Further reading: Ours Was the Shining Future: The Story of the American Dream New York Times: Why Are Republican Presidents So Bad for the Economy? The Great Exception: The New Deal and the Limits of American Politics Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

Transcript

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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.

0:15.4

Middle out economics is the answer.

0:17.8

Because Wall Street didn't build this country.

0:20.1

Great middle class built this country.

0:22.4

The more the middle class thrives the better the economy is for everyone even

0:28.0

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

Well, Goldie, as you know,

0:50.0

one of the funniest parts about having this podcast is getting to talk to such amazing and interesting people.

0:56.3

And today, I'm super fired up because we have Pulitzer Prize winning journalist and columnist for the New York Times David Leianhart as our guest

1:04.7

to discuss his latest book ours was the shining future which is his analysis of you know the the complex history of the American economy and the decline of the American dream.

1:18.1

Obviously this is something we talk about a lot and feel very strongly about.

1:26.8

I got to tell you Nick we have the best book club in the world because it's the me you and the author of the book you, it's not the only book on this topic,

1:35.8

but it's written in such a personal and accessible way.

1:40.8

It's certainly one of the more readable books exploring these issues of what went right

1:48.8

following the Great Depression and for the next 30 or so years and then what went wrong and why.

1:57.0

So let's talk to David.

1:59.0

I'm David Leonhart. I'm a senior writer at the New York Times and I'm the author of

2:07.6

Hours was The Shining Future, The Story of the American Dream.

2:11.5

Oh, okay, boomer.

2:14.0

So why don't we start by just providing an overview of the main themes and ideas you explored in your book?

...

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