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A brief history of Middle-Out Economics (with Michael Tomasky)

A brief history of Middle-Out Economics (with Michael Tomasky)

FromPitchfork Economics with Nick Hanauer


A brief history of Middle-Out Economics (with Michael Tomasky)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
46 minutes
Released:
Oct 18, 2022
Format:
Podcast episode

Description

We’ve lived in the shadow of trickle-down economics for over 40 years. During that time, our leaders unquestioningly embraced economic policies that prioritize the wealthiest and most powerful, with the idea that their wealth will eventually "trickle down" to everyone else. Finally, a contrasting progressive economic understanding is beginning to take hold. Middle-out economics—the idea that prioritizing the working- and middle-class is better for everyone in the economy—is having a moment. But where did middle-out come from? Michael Tomasky’s new book chronicles the history of middle-out and the rise of progressive economics in the United States.

Michael Tomasky is a journalist and author. He’s top editor of The New Republic, editor of Democracy: A Journal of Ideas, and a contributing opinion writer for The New York Times.

Twitter: @mtomasky

The Middle Out https://www.penguinrandomhouse.com/books/671443/the-middle-out-by-michael-tomasky 

Website: http://pitchforkeconomics.com
Twitter: @PitchforkEcon
Instagram: @pitchforkeconomics
Nick’s twitter: @NickHanauer
Released:
Oct 18, 2022
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.