Optimist Economy

Kathryn Anne Edwards and Robin Rauzi

Optimist Economy is the anti-doomscroll economics podcast. Work rules, tax fairness, healthcare, housing costs, retirement security — the economic forces shaping American life have real problems. But also real solutions. Each week, economist Kathryn Anne Edwards and editor Robin Rauzi break down one problem and solution with data, history, humor, and a belief that tools to build a better economy exist. We just haven't tried them. New episodes on Tuesdays. ✨ Support the podcast at: optimisteconomy.com ✨ Ask questions or share your economic worries with us at: optimist.economy@gmail.com

  1. 22h ago

    The Loneliness of the Long-Distance Worker

    Working from home, a new study in the journal Science says, leaves employees lonelier, sadder, and more likely to be depressed. So does that mean everybody get back to your office desks so morale improves? The authors looked at rates of mental distress among people in jobs that could be done remotely or not before and after the COVID-19 pandemic, and concluded that remote work is responsible for about a third of the overall increase, with the worst results for people who live alone. But before-and-after is not cause-and-effect. Isolation is real. Chaining everyone to a desk for friendship is not the only fix. Chapters: 00:01:44 Announcements 00:02:27 Retcon: Immigrants work in every occupation; occupational crowding; sports betting scandals 00:07:21 Terms & Conditions: Procedural; remotable vs. non-remotable jobs 00:10:00 Big Pilcrow: Does Work From Home Make Us Sad? 00:37:21 Executive Orders: News alerts; more brass! 00:38:28 Spiritual Sponsors: Animal conservation workers; Andrew Bird We are entirely listener supported! Join the Optimist donors here: https://optimisteconomy.com Watch clips on the Optimist Economy YouTube channel. We’re also on Instagram at @optimist_economy or TikTok at @optimist_economy. Want full video? See above about donating. Chat with other Optimists on Substack. Sale on T-shirts: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders? Send them to optimist.economy@gmail.com

    The Loneliness of the Long-Distance Worker
  2. Nov 3

    Sports Betting Is This Generation's Big Tobacco

    Since the U.S. Supreme Court let states legalize betting on sports in 2018, gambling has exploded. More than half of men ages 18 to 49 say they have an active account with an online sportsbook. Want to bet on a game, a play, or even an individual performance? The bookie is always open on your phone, and it sends promo credits to keep you in the game. Young men see the harm up close. The share of men under 30 who call legal sports betting bad for society has more than doubled since 2022, to 47%. Built to be addictive, sports betting is like cigarettes—and deserves a public health response.  Chapters: 00:01:02 Announcements 00:02:27 Retcon: Healthcare moral hazard vs. cost-sharing; networks and military branches 00:07:37 Terms & Conditions: Handle, the hold, and the tulip bubble 00:12:52 Big Pilcrow: Sports betting, prediction markets, and addiction 00:41:42 Executive Orders: Free museum entry for union members; kid-sized sink staircases 00:44:26 Spiritual Sponsors: Hermanos Gutiérrez; good procedural movies We are entirely listener supported! Join your Optimist donors here: https://optimisteconomy.com Video-curious? Watch clips on the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy. Want full video? See above about donating. Chat with other Optimists on Substack. Rep your optimism with Optimist Economy merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders?  Send them to optimist.economy@gmail.com

    Sports Betting Is This Generation's Big Tobacco
  3. Oct 27

    Immigration Economics Part II: Smaller is Worse

    Over a year into the administration's anti-immigration agenda, we’re seeing the economic fallout. For the first time in at least 50 years, estimates are that we lost immigrants on net; far fewer than usual arrived and a somewhat higher than usual number left. But if anyone benefited from that shift, it wasn’t U.S.-born workers. Even against the backdrop of our weak labor market, foreign-born workers now have slightly lower unemployment rates and higher labor market participation than they did two years ago. Their wages have also ticked up. Meanwhile, reduced population growth has thrown the country’s economic benchmarks into chaos, making it harder to interpret job creation, GDP, and the health of the labor market.Chapters: 00:00:50 Announcements: Send us your anticipated Thanksgiving dinner fights 00:01:45 Retcon: Consumer sentiment update, auto-enrollment for Trump Accounts  00:07:43 Terms & Conditions: Plutocratic 00:08:42 Big Pilcrow: Immigration and the Economy 00:36:38 Executive Orders: “The media isn’t covering this” comments; best-of award for bookstore tote bags. 00:38:31 Spiritual Sponsors: Sonoratown and an IPA on tap Donate to Optimist Economy: https://optimisteconomy.com Video-curious? Watch the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy.  Chat with other Optimists on Substack. Find utility with our merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders?  Send them to optimist.economy@gmail.com

    Immigration Economics Part II: Smaller is Worse
  4. Oct 20

    Americans Feel Awful About the Economy

    The Consumer Sentiment Index has tracked how Americans experience the U.S. economy through bouts of runaway inflation, a mortgage crisis, stock market bubbles, and six recessions. And yet the scores right now are lower than at any of those moments. After nearly 50 years of tracking by the University of Michigan, Consumer Sentiment has broken through the basement. Beneath the five index questions are some clues as to why: Since 2008, the number of people who say the government is doing a poor job has grown from about a third to about three-quarters. This dissatisfaction has been a slow burn — and it’s also evidence that Americans are ready for bold, non-incremental economic change. 0:00 — Opening 6:25 — Retcon: Vacation Days & Moral Hazard in Healthcare 11:18 — Terms & Conditions: Likert Scale 14:24 — The Big Pilcrow: What’s Consumer Sentiment Telling Us? 17:20 — Record Lows: Sentiment Breaks From the Other Economic Metrics 20:54 — The Five Index Questions: Take Consumer Sentiment Survey Yourself! 26:55 — How’s the Government Doing Managing the Economy? Survey says…Poor 29:39 — It's the Economy, Stupid 31:16 — Partisanship Cancels Itself Out 33:11 — Why This Isn't the Same as What Happened to Biden 35:25 — Who Does Feel Good? 36:07 — Low Sentiment Deserves Big Policy 38:07 — Executive Orders: Hold the reservation. Too many eggs.  41:52 — Spiritual Sponsors: So, so many 47:17 — Credits We’re making Thanksgiving plans. Got a dinner table debate we can help with? Send it to optimist.economy@gmail.com (and put Thanksgiving in the subject line). Donate to Optimist Economy, a registered 501(c)(3) nonprofit: https://optimisteconomy.com All the swearing is on the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy. And Facebook, but you’ll just have to search for that.  Chat with other Optimists on Substack. Optimist hats are back in stock at the merch store: https://merch.ambientinks.com/collections/optimisteconomy

    Americans Feel Awful About the Economy
  5. Aug 11

    Occupy! An Unfinished Uprising: The Invitation (Ep. 1)

    Optimist Economy is on break this month, but we know that optimist listeners are interested in tales of economic history, issues of inequality and movements for change. So we thought some of you might enjoy "Occupy!" a six-part narrative series about  Occupy Wall Street, the 2011 protest village that lasted nearly two months and turned a spotlight on systemic economic inequality in the U.S. --- EPISODE 1: An Invitation In 2011, a handful of skeptical New Yorkers answer a call to Occupy Wall Street. What they find feels less like a protest and more like a glimpse of a different world—one where people openly share stories of debt, hardship, and frustration. They start to build an anti-capitalist village in a tiny Manhattan park — under the watchful eyes of police. This is the first episode of Future Hindsight’s brand new 6-part series, OCCUPY! An Unfinished Uprising. Subscribe to Future Hindsight wherever you get your podcasts so you don’t miss a single episode! Want to dive deeper? Listen to these episodes of Future Hindsight: For a conversation on activism with a co-founder of Occupy Wall Street, tune in to this episode with Micah White: https://www.futurehindsight.com/episodes/episode/micah-white For a recap of how American capitalism evolved into what it is today, listen to this episode with Kurt Andersen: https://www.futurehindsight.com/episodes/episode/americas-evil-geniuses-kurt-andersen On solidarity and mutual aid, listen to this conversation with Manuel Pastor: https://www.futurehindsight.com/episodes/episode/solidarity-and-mutuality-manuel-pastor Credits: Host / Executive Producer: Mila Atmos Producer / Writer: Maria Luisa Tucker Audio Producer: Zack Travis Additional production help: Mia Warren, Erika Gjada, Megan Detrie, Lizzie Jacobs, and Ilya Magazanin Archival research: Marisa Holmes Archival material courtesy of: Occupy Wall Street Media Working Group. Original music: Rude Mechanical Orchestra and Puge Ruhe Special thanks to T.J. Raphael, Lauren Passell, Arielle Nissenblatt, and Kate Blumenfeld for being our first listeners and sounding boards, and to Tom Koenig for his support.  Distributed by PRX.

    Occupy! An Unfinished Uprising: The Invitation (Ep. 1)
  6. Aug 4

    Stop Donating Your Vacation Days to Your Boss

    Nearly 90% of private-sector workers get paid vacation days from their job, but a Pew survey found 46% leave at least some of it on the table. Government survey data also show that the share of workers who are on vacation in any given week has fall by about half between 1980 and 2022. Blame thin staffing, guilt culture, and “PTO bundles” that push people to ration days between vacation days and sick leave. The fix exists elsewhere: the European Union, for instance, guarantees 20 paid days a year. If a Costco cashier is able to vacation in Europe twice, so should you.Chapters: 0:52 Announcements 2:53 Retcon Marathon 11:01 Terms & Conditions: Statutory Leave 12:04 Big Pilcrow: Vacation Days 14:03 Why Do We Think We Can't Take Time Off? 16:01 No Staffing Slack in the Office 16:51 Vacation Guilt is a Real Thing 18:51 What's Worker Power Got to Do With It? 20:20 Decline in Days Off: What the Data Says 21:17 Vague Numbers of Vacation Days 24:23 Cost of Travel is Up 24:56 Statutory Leave Could Create Jobs 26:28 What are Workers Leaving on the Table? 28:48 How Much Does Vacation Time Cost Employers? 31:08 Vacation Marxist Economics-Style 34:40 The Curse of the Long-Weekend Vacation 38:21 Could the Government Mandate Vacation Time? 42:46 Executive Orders: ACFC wins and Americans with Children Act 46:23 Spiritual Sponsors: Lizards! Donate to Optimist Economy: https://optimisteconomy.com Video-curious? Watch the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy.  Chat with other Optimists on Substack. Find utility with our merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders?  Send them to optimist.economy@gmail.com

    Stop Donating Your Vacation Days to Your Boss
  7. Jul 28

    The Government is Already Paying for Your Health Insurance, Buddy

    About 18% of U.S. GDP every year gets spent on health care. Half of that, 9%, is coming from the government, which is about the whole cost of  other countries’ public health programs. In other words, for what the U.S. spends on Medicare, Medicaid, Tricare, VA benefits, and the tax write-off for employer-sponsored plans, we could have free basic health insurance for everyone. This is why the co-authors of the 2023 book “We’ve Got You Covered” describe the current health insurance system as a total tear-down. We could have universal insurance coverage for all with no tax hike if we started building from the ground up. Chapters: 0:00 Announcements  0:58 Retcon — Costco cashier's $33/hr job and career security 2:49 Terms & Conditions — Political economy, Cost Sharing, Gatekeeping 7:45 The Big Pilcrow: “Americare… Just Enough”  8:08 Healthcare vs. health insurance — why this is really an insurance/payer fight 12:53 We have 5+ public health programs already 17:07 Health economist Amy Finkelstein's research: "It's a tear-down, not a fixer-upper" 19:55 The proposed system — universal basic coverage + letting “rich people rich" without letting them opt out 28:11What Americans would love or hate 40:44 This health world changed a lot since Obamacare 43:20 Executive Orders — Airport boarding pass warnings, living-roof bus stops 45:20 Spiritual Sponsors — Resurrection fern, Aunt Fern 46:42 Credits Donate to Optimist Economy: https://optimisteconomy.com Video-curious? Watch the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy.  Chat with other Optimists on Substack. Find utility with our merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders?  Send them to optimist.economy@gmail.com

    The Government is Already Paying for Your Health Insurance, Buddy

About

Optimist Economy is the anti-doomscroll economics podcast. Work rules, tax fairness, healthcare, housing costs, retirement security — the economic forces shaping American life have real problems. But also real solutions. Each week, economist Kathryn Anne Edwards and editor Robin Rauzi break down one problem and solution with data, history, humor, and a belief that tools to build a better economy exist. We just haven't tried them. New episodes on Tuesdays. ✨ Support the podcast at: optimisteconomy.com ✨ Ask questions or share your economic worries with us at: optimist.economy@gmail.com

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