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In a recent report, The Roosevelt Institute called for a new set of policies to mitigate the economic suffering caused by the pandemic. Taken all together, these policies are as sweeping as the New Deal was—but unlike the New Deal, they’re truly representative of America’s race, class, and gender diversity. Attorney Bharat Ramamurti, the incoming Deputy Director of the Biden administration’s National Economic Council and a co-author of the report, joins Nick and Jessyn to make the case for a True New Deal. Bharat Ramamurti is the incoming Deputy Director of the National Economic Council. At the time of our interview, he was the managing director of the Corporate Power Program at the Roosevelt Institute and a member of the COVID-19 Congressional Oversight Commission. He was previously an economic advisor to Senator Elizabeth Warren. Twitter: @BharatRamamurtiShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics A True New Deal: https://rooseveltinstitute.org/publications/true-new-deal-for-the-covid-19-era/ Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

No matter what some politicians may claim, there’s actually no such thing as ‘less regulation’ — there are only regulations that favor the powerful, and those that don’t. Stanford economist Anat Admati walks us through the deregulation of the banking industry and explains how she would overhaul financial regulations to make them work well for society, not just for the rich and powerful. Anat Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University Graduate School of Business, a director of the Corporations and Society Initiative, and a senior fellow at Stanford Institute for Economic Policy Research. She has written extensively on information dissemination in financial markets, portfolio management, financial  contracting, corporate governance, and banking. She is the co-author of ‘The Bankers’ New Clothes: What’s Wrong with Banking and What to Do About It’. Twitter: @anatadmati Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Making financial regulation work for society: https://www.ineteconomics.org/events/finance-society/agenda/making-financial-regulation-work-a-conversation-with-anat-admati-and-brooksley-born  When she talks, banks shudder: https://www.nytimes.com/2014/08/10/business/when-she-talks-banks-shudder.html Financial crises, corporate scandals and blind spots: who is responsible? https://blogs.lse.ac.uk/businessreview/2018/01/25/financial-crises-corporate-scandals-and-blind-spots-who-is-responsible/The Bankers’ New Clothes: http://bankersnewclothes.com/ Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Trickle-down economics would have you believe that the rich are job creators. For decades we’ve been told that the more money the wealthy have to invest in creating jobs, the better the economy will be for everybody. This lie has had catastrophic effects: the top 0.1% of Americans now own more wealth than the bottom 90% of Americans combined. As debates rage among our leaders over stimulus bills and Americans battle their way through this economic crisis, the case for taxing the wealthy has never been as strong as it is now—so this week we’re re-surfacing this episode, originally published in 2019. Class traitor Abigail Disney and tax expert Chye-Ching Huang make the case for taxing the rich. And we highly recommend Abigail Disney’s podcast, All Ears: https://www.forkfilms.com/all-ears/ Abigail Disney is a documentary filmmaker, philanthropist, and social activist. She is the granddaughter of Roy Disney, the co-founder of the Walt Disney Company.Twitter: @abigaildisneyChye-Ching Huang is the Director of Federal Fiscal Policy at the Center on Budget Policy Priorities, where she focuses on the fiscal and economic effects of federal tax and budget policy. She rejoined the Center in 2011 after working as a Senior Lecturer at the University of Auckland, where she taught tax law and conducted research in tax law and policy. Twitter: @dashching @CenteronBudgetShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

The CARES Act delayed student loan payments as a form of stimulus, raising an important question: if forgiving student loan debt is good policy and broadly popular with Americans, should we just cancel student debt altogether? University of Wisconsin Madison Associate Professor Fenaba Addo, who researches debt and wealth inequality, helps us explore the merits and shortcomings of student debt cancellation. Fenaba Addo is the Lorna Jorgensen Wendt Associate Professor of Money, Relationships, and Equality at the University of Wisconsin Madison. Her research examines the role of debt and increasing wealth inequality over the past forty years within communities of color and among economically vulnerable populations in the U.S.Twitter: @FenabaAddoShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Six stupid arguments against forgiving student loan debt: https://prospect.org/day-one-agenda/six-stupid-arguments-against-forgiving-student-loan-debt/ The Racialization of the Student Debt Crisis: http://1xfsu31b52d33idlp13twtos-wpengine.netdna-ssl.com/wp-content/uploads/2020/11/Student-Debt_essay_individual.pdfI paid off all my student loans. I still support student loan forgiveness: https://www.vox.com/platform/amp/first-person/2019/5/2/18527036/biden-millennials-cancel-student-debt-forgiveness Forgiving student debt would boost economy, economists say: https://www.npr.org/2019/11/25/782070151/forgiving-student-debt-would-boost-economyWriting off student debt is one way biden can build black wealth: https://www.bloomberg.com/news/articles/2020-11-12/writing-off-student-debt-is-one-way-biden-can-build-black-wealthStudent debt is hitting African Americans the hardest. These experts have a plan to fix it: https://www.washingtonpost.com/local/education/student-debt-is-hitting-african-americans-the-hardest-these-experts-have-a-plan-to-fix-it/2019/09/20/5f786e48-d0fb-11e9-b29b-a528dc82154a_story.htmlConstrained after College: Student Loans and Early Career Occupational Choices: https://www.nber.org/papers/w13117 Is student debt cancellation regressive? No. https://www.currentaffairs.org/2019/06/is-student-debt-cancellation-regressive-no Who owes all that student debt? And who’d benefit if it were forgiven? https://www.brookings.edu/policy2020/votervital/who-owes-all-that-student-debt-and-whod-benefit-if-it-were-forgiven/Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Six years after the beginning of the Fight for $15 movement, conventional wisdom is finally waking up to economic reality. How do we know? Because the New York Times recently published an editorial titled ‘Let’s Talk About Higher Wages’ calling on the incoming Biden administration to focus on higher wages for everyone. They couldn’t be more right on. Binyamin Appelbaum, the lead writer on business and economics for the Editorial Board, helps us understand the change in consensus on wages.Binyamin Appelbaum is the lead writer on business and economics for the Editorial Board of The New York Times. From 2010 to 2019, he was a Washington correspondent for the Times, covering economic policy. His book, ‘The Economists’ Hour: False Prophets, Free Markets, and the Fracture of Society’ is a Wall Street Journal Business Bestseller. Twitter: @BCAppelbaumNick on Marketplace: https://www.marketplace.org/2020/12/08/new-rand-study-quantifies-cost-of-rising-us-inequality/Binyamin has been a guest on our show before! Here’s our episode with him and George Monbiot, ‘How neoliberalism happened’, from October 2019: https://pitchforkeconomics.com/episode/how-neoliberalism-happened-with-george-monbiot-and-binyamin-appelbaum/Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading/listening: Let’s talk about higher wages: https://www.nytimes.com/2020/11/28/opinion/wages-economic-growth.html Do higher wages kill jobs? (with Mayor Eric Garcetti and Alan Krueger): https://pitchforkeconomics.com/episode/do-higher-wages-kill-jobs/ The top 1% of Americans have taken $50 trillion from the bottom 90% - and that’s made the U.S. less secure: https://time.com/5888024/50-trillion-income-inequality-america/ And as promised by Annie and Ashley, you can find the last 100+ years of New York Times Editorial Board pieces on the minimum wage here: https://pitchforkeconomics.com/episode/why-conventional-wisdom-is-finally-pushing-for-higher-wages-with-binyamin-appelbaum Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Neoliberal economics says free trade is always good, and its followers try to lower trade barriers without discretion. Freedom is an essential ingredient for successful international trade—but that doesn’t mean all trade should be unregulated. Competition law expert Michelle Meagher joins Goldy to debunk common competition myths and talk about strategies to hold powerful monopolies accountable. Michelle Meagher is a Senior Policy Fellow at the University College London Centre for Law, Economics, and Society, and co-founder of the Inclusive Competition Forum, a think tank focused on democratizing corporate power and the enforcement of competition law. Twitter: @MichMeagherShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Competition is Killing Us: https://uk.bookshop.org/books/competition-is-killing-us-how-big-business-is-harming-our-society-and-planet-and-what-to-do-about-it/9780241423011 Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

“Conservative economics” in the U.S. has become synonymous with libertarian principles. But that’s not what American conservatism was originally about. Oren Cass, the executive director of a new think tank called American Compass, is on a mission to restore conservative economics to its roots in family, community, and industry—and he joins Nick and Goldy to find common ground. Oren Cass is the executive director of American Compass, whose mission is to restore an economic orthodoxy that emphasizes the importance of faith, community, and industry to the nation’s liberty and prosperity. He is the author of ‘The Once and Future Worker: A Vision for the Renewal of Work in America’. Twitter: @oren_cassShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Workers of the World: https://americancompass.org/essays/workers-of-the-world/The elite needs to give up its GDP fetish: https://www.nytimes.com/2020/08/27/opinion/us-gdp-coronavirus.htmlOren Cass on the future of economics and society: https://www.manhattan-institute.org/economics-after-partisanship-markets-society Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

We’re continuing to celebrate our 100th episode this week with another compilation — the best of the benevolent dictator question. What would you do to fix the world’s most intractable problems if you had no restraints? Our guests from over the last two years weigh in.  Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

It’s our 100th episode! To celebrate, we pulled together some of our favorite answers to the question we love to ask our guests: Why do you do this work? Plus, Nick answers the question too. We’re thankful this week for the thoughts shared by these inspiring people, and for YOU — thanks for listening to the show. We’re excited for the next 100. Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomicsWebsite: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Right now, 26.3 million workers are either on unemployment or waiting to be approved for unemployment benefits. But for many of these jobless workers, the clock is running out on their eligibility to receive unemployment — and with no stimulus bill in sight, we could be entering a grim new phase of this recession. What will happen to the economy when unemployment insurance runs out? What will happen to the people who rely on those benefits? Economist Ioana Marinescu helps Nick and Goldy understand what the near-future of unemployment benefits looks like in the U.S. Ioana Marinescu is an assistant professor at the University of Pennsylvania School of Social Policy & Practice, and a Faculty Research Fellow at the National Bureau of Economic Research. She studies the labor market to craft policies that can enhance employment, productivity, and economic security. Twitter: @mioanaShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading:Emergency unemployment programs will expire at year’s end, putting millions at risk: https://www.nytimes.com/2020/11/11/business/emergency-unemployment-programs-will-expire-at-years-end-putting-millions-at-risk.html Policy Basics: How many weeks of unemployment compensation are available?: https://www.cbpp.org/research/economy/policy-basics-how-many-weeks-of-unemployment-compensation-are-available 30 weeks into the COVID-19 pandemic and workers desperately need stimulus: https://www.epi.org/blog/30-weeks-in-to-the-covid-19-pandemic-and-workers-desperately-need-stimulus/ Unemployment insurance and job search behavior: http://www.marinescu.eu/publication/marinescu-unemployment-2020/ You can’t afford to live anywhere in the United States solely on unemployment insurance: https://www.americanprogress.org/issues/economy/news/2020/09/10/490265/cant-afford-live-anywhere-united-states-solely-unemployment-insurance/ With millions of people out of work, the Senate’s inaction is not only cruel, it’s bad economics: https://www.epi.org/blog/with-millions-of-people-out-of-work-the-senates-inaction-is-not-only-cruel-its-bad-economics/ Scraping by on benefits and part-time work, but a cutoff looms at year’s end: https://www.nytimes.com/2020/10/29/business/scraping-by-on-benefits-and-part-time-work-but-a-cutoff-looms-at-years-end.html How America gave up on fighting the pandemic and saving the economy: https://www.vox.com/21523204/coronavirus-unemployment-stimulus-economy 8 million have slipped into poverty since May as federal aid has dried up: https://www.nytimes.com/2020/10/15/us/politics/federal-aid-poverty-levels.html Pelosi sends letter to Secretary Mnuchin on areas still awaiting responses from White House: https://www.speaker.gov/newsroom/102920 Slowdown in jobs added means we could be years away from a full recovery: https://www.epi.org/press/slowdown-in-jobs-added-means-we-could-be-years-away-from-a-full-recovery/ Exclusive: America’s true unemployment rate: https://www.axios.com/americas-true-unemployment-rate-6e34decb-c274-4feb-a4af-ffac8cf5840d.html Young workers hit hard by the Covid-19 economy: https://www.epi.org/publication/young-workers-covid-recession/ Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

In the first major staffing announcement of his incoming administration, President-elect Biden named Ron Klain, Obama’s ebola czar, as his chief of staff. We had a great conversation with Klain back in April, in which he argued that leadership failure and government unpreparedness made the pandemic much worse in the U.S. Now’s a great time to refresh yourself on this episode if you’re wondering how the Biden-Harris administration will respond to the coronavirus and approach wide-spread economic recovery.Ronald Klain is a lawyer who served as the White House Ebola response coordinator for President Obama. He has held a wide variety of legal and policy positions in government, including his service as chief of staff to VPs Biden and Gore, chief of staff to the attorney general, associate counsel to the president, and chief counsel to the Senate Judiciary Committee. After serving as an advisor to the Biden 2020 campaign, he was named chief of staff for the incoming Biden administration. Twitter: @RonaldKlainShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Confronting the Pandemic Threat: https://democracyjournal.org/magazine/40/confronting-the-pandemic-threat/Biden Names Ron Klain as White House Chief of Staff: https://www.nytimes.com/2020/11/11/us/politics/ron-klain-biden.htmlWe’re past ‘if’ on the coronavirus. We’re on to ‘how bad will it be?’: https://www.washingtonpost.com/opinions/the-coronavirus-has-landed-in-the-us-heres-how-we-can-reduce-the-risk/2020/01/22/afebe9ee-3d53-11ea-baca-eb7ace0a3455_story.htmlTrump says US has coronavirus ‘completely under control’ as Washington state confirms first case outside of Asia: https://www.independent.co.uk/news/world/americas/trump-coronavirus-china-wuhan-disease-outbreak-airport-screening-travel-a9296926.htmlObama’s ebola czar on what strong federal response looks like: https://www.wired.com/story/ebola-czar-ron-klain-federal-coronavirus-response/The huge cost of waiting to contain the pandemic: https://www.nytimes.com/2020/04/14/opinion/covid-social-distancing.htmlWebsite: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

This September, New Jersey Governor Phil Murphy enacted a budget deal with his legislature that increased state taxes on incomes over $1 million. As the country’s second-richest state, this is a big win for progressive taxation. Governor Murphy explains what the tax revenue will go to, how it won’t hurt businesses or cause wealthy people to leave the state, and why it’s the right thing to do in the midst of a national economic crisis . Phil Murphy is the Governor of New Jersey. He was the U.S. Ambassador to Germany from 2009 to 2013.Twitter: @PhilMurphyNJ and @GovMurphyShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Deal reached in N.J. for ‘Millionaires Tax’ to address fiscal crisis: https://www.nytimes.com/2020/09/17/nyregion/nj-millionaires-tax.htmlWhy these millionaires are staying put despite a new tax on them: https://www.nytimes.com/2020/10/02/your-money/wealthy-millionaires-tax-states.htmlWho pays? A distributional analysis of the tax systems in all 50 states: https://itep.sfo2.digitaloceanspaces.com/whopays-ITEP-2018.pdfDo millionaires migrate when taxes are raised? https://inequality.stanford.edu/sites/default/files/media/_media/pdf/pathways/summer_2014/Pathways_Summer_2014_YoungVarner.pdfN.J. will borrow $4.5 billion as pandemic pain hits states: https://www.nytimes.com/2020/09/24/nyregion/new-jersey-coronavirus-budget.htmlWebsite: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

When are we going to know the results of this election? What can we do about voter suppression? And are Democrats finally giving up on trickle-down economics? Zach and political strategist Cristina Uribe answer these questions and more as they discuss what this election means for our economy and the health of our democracy. It’s not too late to vote! If you’re unsure how, go to vote.org. And if you already voted by mail, track your ballot and make sure it was accepted! Cristina Uribe is a veteran political strategist and manager working at the intersection of advocacy and politics. She has held senior management roles at several organizations, including California Director of the Ballot Initiative Strategy Center (BISC), Senior Advisor for Strategic Initiatives at the National Education Association (NEA), and Western Regional Director at EMILY’s List. She has led campaigns and civic engagement efforts in dozens of states across the country. Twitter: @curibecaShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

This strange Halloween, we bring to you the harrowing tale of two young trick-or-treaters who dare to stop at James Buchanan’s house. To learn more about the real-life horrors of Buchanan, read Jane Mayer’s ‘Dark Money’ — the spooky real-life story of the right-wing trickle-down machine.Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

The real looting in America is the looting of the wages and savings of the bottom 90% by the wealthiest 1%. And although it’s not in the news nearly as much as other types of looting recently, our rigged economic system causes far more harm to our society. Former Secretary of Labor Robert Reich joins Nick and Jessyn to explain who rigged the system, and what it will take to stop the real looting. To contact your elected leaders about the transfer of $50 trillion over the past 45 years from working Americans to the top 1%, text RAND to 67076 or go to www.civicaction.com/rand. Robert Reich is Chancellor’s Professor of Public Policy at the University of California at Berkeley and Senior Fellow at the Blum Center. He served as Secretary of Labor in the Clinton administration, for which Time Magazine named him one of the 10 most effective cabinet secretaries of the twentieth century. He has written 18 books, the latest of which is “THE SYSTEM: Who Rigged It, and How To Fix It.” He is a founding editor of the American Prospect magazine, founder of Inequality Media, a member of the American Academy of Arts and Sciences, and co-creator of the award-winning documentaries “Inequality for All” and “Saving Capitalism,” both now streaming on Netflix. Twitter: @RBReichShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Protesters criticized for looting businesses without forming private equity firms first: https://www.theonion.com/protestors-criticized-for-looting-businesses-without-fo-1843735351 Banks gave richest clients ‘concierge treatment’ for pandemic aid: https://www.nytimes.com/2020/04/22/business/sba-loans-ppp-coronavirus.htmlWho is really “looting” America? https://www.refinery29.com/en-us/2020/06/9852642/billionaires-rich-looting-america-tax-law-moneyThe top 1% have taken $50 trillion from the bottom 90%, and that’s made the U.S. less secure: https://time.com/5888024/50-trillion-income-inequality-america/ The golden age of white collar crime: https://www.huffpost.com/highline/article/white-collar-crime/Some companies seeking bailouts had piles of cash, then spent it: https://www.nytimes.com/2020/04/24/business/coronavirus-bailouts-buybacks-cash.htmlU.S. billionaires got $845 billion richer since the start of the pandemic: https://www.fastcompany.com/90551712/u-s-billionaires-got-845-billion-richer-since-the-start-of-the-pandemic  The rich really do pay lower taxes than you: https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.htmlWhat is private equity, and why is it killing everything you love? https://www.vox.com/the-goods/2020/1/6/21024740/private-equity-taylor-swift-toys-r-us-elizabeth-warrenWhen Wall Street is your landlord: https://www.theatlantic.com/technology/archive/2019/02/single-family-landlords-wall-street/582394/Many companies pay nothing in taxes. The public has a right to know how they pull it off: https://www.washingtonpost.com/opinions/2020/10/22/many-companies-pay-nothing-taxes-public-has-right-know-how-they-pull-it-off/Purdue Pharma admits to crimes for its OxyContin marketing. But no one is going to prison: https://www.vox.com/2020/10/21/21526868/purdue-pharma-oxycontin-opioid-epidemic-department-of-justice  Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Harvard Business School professor Rebecca Henderson tells Nick and Goldy why businesses should reject the idea that the sole purpose of the corporation is to maximize shareholder value, and how businesses can help reform the market system. Rebecca Henderson is a professor at the Harvard Business School, a research fellow at the National Bureau of Economic Research, and a fellow of both the British Academy and the American Academy of Arts and Sciences. She is an expert on innovation and organizational change, and her research explores the degree to which the private sector can play a major role in building a more sustainable economy. Twitter: @RebeccaReCapShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Reimagining Capitalism in a World on Fire: https://www.publicaffairsbooks.com/titles/rebecca-henderson/reimagining-capitalism-in-a-world-on-fire/9781541730137/Do managers have a role to play in sustaining the institutions of capitalism? https://www.brookings.edu/wp-content/uploads/2016/06/BrookingsInstitutionsofCapitalismv5.pdfEnding shareholder primacy in corporate governance: https://rooseveltinstitute.org/publications/ending-shareholder-primacy-in-corporate-governance/ Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

Why did the American middle class boom after WWII, and how do we get it booming again? New York Times economics reporter Jim Tankersley joins Paul to lay out the thesis of his new book, ‘The Riches of This Land’—that the economy will thrive when everyone can fully participate in it. Jim Tankersley covers economic and tax policy for The New York Times. Over more than a decade covering politics and economics in Washington, he has written extensively about the stagnation of the American middle class and the decline of economic opportunity in wide swaths of the country. Twitter: @jimtankersleyShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics The Riches of This Land: https://www.indiebound.org/book/9781541767836Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

What’s the opposite of neoliberal economics? What would the manifesto of the perfect political party look like? How much money do corporations spend lobbying against taxes, and is it even worth it? Nick and Goldy answer these questions (and more!) from listeners.To ask us a question, use the contact page on our website: https://pitchforkeconomics.com/contact/ Show us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Economism: https://www.indiebound.org/book/9781101871195The Curse of Econ 101: https://www.theatlantic.com/business/archive/2017/01/economism-and-the-minimum-wage/513155/Arguing with Zombies: https://www.indiebound.org/book/9781324005018 Nick’s publications: https://nickhanauer.com/publications/ Trends in income from 1975 to 2018: https://www.rand.org/pubs/working_papers/WRA516-1.htmlThe Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure: https://time.com/5888024/50-trillion-income-inequality-america/ Money spent on lobbying skyrocketed during tax overhaul: https://apnews.com/article/bd8a878c5fe84ea48ffbcf05b4edba0eThe 4 companies that lobbied most on tax overhaul - and what they got for it: https://www.vox.com/policy-and-politics/2017/12/7/16709586/republican-tax-bills-lobbyingCorporations now spend more lobbying Congress than taxpayers spend funding Congress: https://www.vox.com/2015/4/20/8455235/congress-lobbying-money-statistic Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

This week, Biden-Sanders unity task force appointee Dr. Abdul El-Sayed walks Nick and Goldy through the Biden transition team’s health care plan. Abdul El-Sayed is a physician, epidemiologist, public health expert, and progressive activist. He is the Chair of Southpaw Michigan and a contributor at CNN. He is the author of ‘Healing Politics’ and the co-author of the upcoming ‘Medicare for All: A Citizen’s Guide’. He also hosts “America Dissected,” a podcast by Crooked Media. Twitter: @AbdulElSayedShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: Coronavirus is exploiting an underlying condition: our epidemic of insecurity: https://www.theguardian.com/commentisfree/2020/mar/19/coronavirus-insecurity-anxiety-us-epidemicBiden-Sanders Unity Task Force Recommendations: https://joebiden.com/wp-content/uploads/2020/08/UNITY-TASK-FORCE-RECOMMENDATIONS.pdfHealing Politics: https://www.indiebound.org/book/9781419743023 Health insurance and the COVID-19 shock: https://www.epi.org/publication/health-insurance-and-the-covid-19-shock/ Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer

This week, labor market economist Suresh Naidu explains how his field attempts to account for the influence of power while studying employee/employer relationships, and unveils the hidden tricks of the coercive labor market. Suresh Naidu is a professor of economics and international and public affairs at Columbia University as well as a fellow at the Roosevelt Institute, external faculty at the Santa Fe Institute, and a research fellow at the National Bureau of Economic Research. Twitter: @snaidunlShow us some love by leaving a rating or a review! RateThisPodcast.com/pitchforkeconomics Further reading: 'Essential' workers are just forced laborers: https://www.washingtonpost.com/outlook/2020/05/21/essential-workers-pay-wages-safety-unemployment/Website: http://pitchforkeconomics.com/Twitter: @PitchforkEconInstagram: @pitchforkeconomicsNick’s twitter: @NickHanauer