116 episodes

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.

Pitchfork Economics with Nick Hanauer Civic Ventures

    • Business
    • 4.7, 797 Ratings

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.

    There’s no herd immunity to greed (with Thomas Friedman)

    There’s no herd immunity to greed (with Thomas Friedman)

    Our global system is fragile because we made decisions that made it that way. Where did we go wrong? This week, New York Times columnist Thomas Friedman joins Nick and Goldy to suggest that greed and unfettered globalization are to blame for our vulnerable system, and to discuss what we need to do to get back on track. 

    Thomas Friedman is a New York Times columnist, the author of six bestselling books, and a three-time Pulitzer Prize winner. 

    Twitter: @tomfriedman

    Further reading: 
    How We Broke the World: https://www.nytimes.com/2020/05/30/opinion/sunday/coronavirus-globalization.html

    America, We Break It, It’s Gone: https://www.nytimes.com/2020/06/02/opinion/trump-george-floyd-america.html

    Let’s Change Our Motto to ‘Out of Many, We’: https://www.nytimes.com/2020/06/09/opinion/trump-united-states.html

    Website: http://pitchforkeconomics.com/
    Twitter: @PitchforkEcon
    Instagram: @pitchforkeconomics
    Nick’s twitter: @NickHanauer

    • 31 min
    Debunking deficit myths (with Stephanie Kelton)

    Debunking deficit myths (with Stephanie Kelton)

    Modern Monetary Theory is an attempt to accurately describe how government debt and complex financial systems actually work. MMT can help us responsibly use our resources, and no one is more knowledgeable on the subject than our returning guest this week, Professor Stephanie Kelton. As Congressional debates over the need for a new stimulus package heat up, Kelton explains the myths surrounding MMT and what a new understanding of the budget could do for our economy. 

    Stephanie Kelton is a Professor of Economics and Public Policy at Stony Brook University. She is the leading expert on Modern Monetary Theory. Her new book, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy, shows how to break free of flawed deficit thinking. 

    Twitter: @StephanieKelton

    Further reading:
    The Deficit Myth: https://www.indiebound.org/book/9781541736184

    Learn To Love Trillion-Dollar Deficits: https://www.nytimes.com/2020/06/09/opinion/us-deficit-coronavirus.html

    Website: http://pitchforkeconomics.com/
    Twitter: @PitchforkEcon
    Instagram: @pitchforkeconomics
    Nick’s twitter: @NickHanauer

    • 42 min
    People are basically good (with Rutger Bregman)

    People are basically good (with Rutger Bregman)

    The fundamentals of economic thought are built on the idea that humans are fundamentally self-interested. But, according to historian Rutger Bregman, that’s a misconception — in fact, humans are fundamentally good, and if we want to realistically address our greatest challenges, we need to reconsider our view of our own human nature. 

    Rutger Bregman is a historian. He has published four books on history, philosophy, and economics, including Utopia for Realists and his latest book, Humankind: A Hopeful History. 

    Twitter: @rcbregman

    Further reading: 
    Humankind: https://www.indiebound.org/book/9780316418539

    The neoliberal era is ending. What comes next? https://thecorrespondent.com/466/the-neoliberal-era-is-ending-what-comes-next/61655148676-a00ee89a

    Website: http://pitchforkeconomics.com/
    Twitter: @PitchforkEcon
    Instagram: @pitchforkeconomics
    Nick’s twitter: @NickHanauer

    • 34 min
    Vaccine development needs new incentives (with Tahir Amin)

    Vaccine development needs new incentives (with Tahir Amin)

    COVID-19 has exposed the limits of the pharmaceutical market model. This week, patent law expert Tahir Amin joins the show to explain why vaccine development needs new incentives.

    Tahir Amin is an attorney dedicated to reshaping patent law to better serve the public. He is the Co-Founder and Co-ED of the Initiative for Medicines, Access, and Knowledge (I-MAK), a global nonprofit organization of attorneys, scientists, and health experts working on systemic changes to intellectual property and the political economy of pharmaceutical innovation. 

    Twitter: @realtahiramin

    Further reading: 
    Covid-19 has exposed the limits of the pharmaceutical market model: https://www.statnews.com/2020/05/19/covid-19-exposed-limits-drug-development-model/

    No vaccine in sight: https://newrepublic.com/article/157594/no-coronavirus-vaccine-big-pharma-drug-patent-system

    Democrats punt on drug-pricing overhaul in virus relief measure: https://news.bloomberglaw.com/health-law-and-business/democrats-punt-on-drug-pricing-overhaul-in-virus-relief-measure

    Website: http://pitchforkeconomics.com/
    Twitter: @PitchforkEcon
    Instagram: @pitchforkeconomics
    Nick’s twitter: @NickHanauer

    • 26 min
    Re-imagining public safety (with King County Councilmember Girmay Zahilay)

    Re-imagining public safety (with King County Councilmember Girmay Zahilay)

    Budgets are a reflection of our values, and the money we budget for the police is no exception. Our state and local budgets for what we call “safety” are not getting outcomes that reflect our morals. Seattle-area King County Councilmember Girmay Zahilay joins Nick and Jessyn to lay out five policies elected officials should be pledging to support right now to re-imagine public safety. 

    Girmay Zahilay is a member of the King County Council from District 2. He is an attorney, non-profit founder, and organizer.

    Twitter: @GirmayZahilay

    Further reading:
    City council will consider defunding Seattle Police: https://crosscut.com/2020/06/city-council-will-consider-defunding-seattle-police

    Washington state’s other epidemic: Mass incarceration: https://crosscut.com/2020/03/washington-states-other-epidemic-mass-incarceration

    Defund the police? Here’s what that really means: https://www.washingtonpost.com/opinions/2020/06/07/defund-police-heres-what-that-really-means/

    Website: http://pitchforkeconomics.com/
    Twitter: @PitchforkEcon
    Instagram: @pitchforkeconomics
    Nick’s twitter: @NickHanauer

    • 30 min
    Podcast Blackout

    Podcast Blackout

    This week, we are participating in #PodcastBlackout to amplify the seriousness of the need for action to address institutional racism and police violence. After a brief note from Nick, this episode will air 8 minutes and 46 seconds of silence. Below, we've included organizations that are doing the anti-racist work to reform power structures in this country — we hope that you'll turn your attention to them.

    8 Minutes and 46 Seconds: How George Floyd Was Killed in Police Custody: https://www.nytimes.com/2020/05/31/us/george-floyd-investigation.html

    Donate to, follow, support, and learn from: 
    Black Lives Matter: https://blacklivesmatter.com/

    Campaign Zero (police accountability): https://www.joincampaignzero.org/

    The Bail Project: https://bailproject.org/

    National Bail Fund Network (find bail funds in your area): https://www.communityjusticeexchange.org/nbfn-directory

    NAACP Legal Defense Fund: https://www.naacpldf.org/

    Know Your Rights Camp Covid-19 Relief Fund: https://www.knowyourrightscamp.com/covid19

    Fair Fight (organizing against voter suppression): https://fairfight.com/

    The Innocence Project: https://www.innocenceproject.org/

    ACLU: https://www.aclu.org/

    George Floyd Memorial Fund: https://www.gofundme.com/f/georgefloyd

    Justice for Ahmaud Arbery Fundraiser: https://www.gofundme.com/f/i-run-with-maud 

    Justice for Breonna Taylor Petition and Fundraiser: https://www.change.org/p/andy-beshear-justice-for-breonna-taylor

    • 9 min

Customer Reviews

4.7 out of 5
797 Ratings

797 Ratings

Clarisse Gomez ,

Awesome Podcast!!!

Nick, host of the Pitchfork Economics podcast, highlights all aspects of business, economics and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!

Gggarden ,

MMT Garbage

I enjoyed and respected this podcast until they promoted the farce of mmt. Disappointing.

citizen#9548 ,

I appreciate the education!

Every show is an eye opener. And usually things I’ve never thought about. And whenever it’s not a new thought, I’m always happy that you’re taking about it!

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