Episode 33: Exploring the fallacies of austerity with Dr. Mark Blyth
Dr. Blyth earned his bachelor’s in political science from the University of Strathclyde and went on to earn his master's and P.hD in political science from Columbia University. He has taught at multiple prestigious universities across America including Johns Hopkins University and Brown. He is an Eastman Professor at Brown’s Institute for International Studies and is a William R. Rhoades scholar as well. He is the author of several books including "Angrynomics," "Great Transformations," and "Austerity." His recent focus has been austerity: its consequences, benefits, and fallacies. Together, the Henry George School joined Dr. Blyth to discuss the economic impact of austerity measures, its policy origins throughout history, and alternatives to debt reduction.
Episode 32: How Henry George inspired the American progressive movement
Dr. O’Donnell earned his bachelor’s degree from Holy Cross College and his Ph.D. in American history from Columbia. He is currently a history professor at Holy Cross, where he specializes in American and urban history. Dr. O’Donnell is the author of several books including "Henry George and the Crisis of Inequality," "Visions of America," and many more. He has had many appearances on TV and even has his own podcast, "In the Past Lane," where he explores history through interviews and featured pieces. Dr. Lough, who you may remember from our previous episode, earned her Ph.D. from Brandeis University in American history specializing in cultural, political, and social movements. Her dissertation was titled "The Last Tax: Henry George and the Social Politics of Land Reform." Dr. Lough is the former director of the Henry George Birthplace, Archive, and Historical Center. She is the author of "The Annotated Works of Henry George," a commentary on George’s seminal works: "Social Problems" (1883) and "The Condition of Labor" (1891). Together, we discussed Henry George’s political life and mayoral campaign, how George earned his working-class appeal, and how Henry George revolutionized and inspired the American progressive movement.
Episode 31: Dr. Thomas Palley explains how financialization changed capitalism
Dr. Palley earned his bachelor’s degree from Oxford University and both his master’s and Ph.D. in Economics and International Relations from Yale University. Thomas has been featured in numerous prominent journals and has featured in publications such as "The Atlantic Monthly," "American Prospect," and "The Nation." He previously served as Chief Economist for the US-China Economic and Security Review Commission, an independent arm of government that analyzes bilateral trade between the US and China. Dr. Palley has authored several books including "Restoring Shared Prosperity," "Financialization," "The Economic Crisis," and "From Financial Crisis to Stagnation." Dr. Palley joined the Henry George School to discuss his vision of periods of American economic history, how the myth of “free markets” precluded the reality of mixed-market economies, and how financialization changes firms’ social behavior.
Episode 30: Analyzing macroeconomic trends with Richard Duncan
Mr. Duncan majored in literature and economics at Vanderbilt University and went on to receive his master's from Babson College in international finance. He was the global head of investment strategy at ABN AMRO Asset Management in London, a financial sector specialist at the World Bank, a consultant for the IMF, and was in charge of equity research at James Capel Securities and Salomon Brothers in Bangkok. Quite the resume to say the least. Richard studies the trends leading up to recent crises and what causes them. He is the author of four books titled "The Dollar Crisis," "The Corruption of Capitalism," "The New Depression," and his latest, "The Money Revolution." In his free time, Mr. Duncan publishes a bi-weekly newsletter called "Macro Watch," which offers analyses of current macroeconomic trends. The Henry George School joined Mr. Duncan to discuss how consumer credit shrank post-WWII debt, how the Federal Reserve dealt with stagflation, and how the US transitioned from a domestic to a global economy and its impacts.
Episode 29: The life and influence of Henry George with Dr. Alexandra W. Lough
Dr. Lough earned her Ph.D. from Brandeis University in American history, specializing in cultural, political, and social movements. Her dissertation was titled "The Last Tax: Henry George and the Social Politics of Land Reform." She is the former director of the Henry George Birthplace, Archive, and Historical Center. She is the author of "The Annotated Works of Henry George," a commentary on George’s seminal works: "Social Problems" (1883) and "The Condition of Labor" (1891). Dr. Lough joined the Henry George School to discuss Henry George's life, how other economists responded to George’s philosophy, and how local decision-makers implemented Georgist ideas into their policy.
Episode 28: Dr. Jayati Ghosh on the global growth of socialist movements
Dr. Ghosh is an Indian economist who specializes in Development Economics. Dr. Ghosh earned her bachelor’s degree from Delhi University and her master’s from Jawaharlal Nehru University, both in economics. She later left India to study at Cambridge University, England, where she wrote a doctoral thesis called "Non-capitalist rent theories and the case of Northern India." She is currently the Chairperson of the Centre for Economic Studies and Planning at Jawaharlal Nehru University, her alma mater. She has taught at numerous universities across India, as well as other prestigious schools such as Tufts and Cambridge University. Dr. Ghosh is the founder of the Economic Research Foundation, a progressive research non-profit focusing on data and econometrics. She is also the Executive Secretary of International Development Economics Associates (IDEAS), a group of economists who critique economic orthodoxy. In addition to publishing multiple scholarly articles, Dr. Ghosh is also an economics columnist for Business Line, Frontline Magazine, and many more. She has worked in numerous government positions across the Indian government focusing on policies concerning welfare, agriculture, and education. Dr. Ghosh joined the Henry George School to discuss the growth of leftist political movements across the world, the Greek Debt Crisis, and what, if anything, the role of the state should be within the economy.
Episode 27: Dr. Ravi Batra on what led to the sky-high inequality we experience today
Dr. Batra attained his bachelor’s degree from Punjab University, his master’s from the Delhi School of Economics, and his Ph.D. from Southern Illinois University, all in Economics. He is currently an Economics professor at Southern Methodist University in Dallas and is the author of dozens of published articles in journals such as the American Economic Review, the Journal of the Political Economy, the Journal of Economic Theory, and many more. He is the author of seven books, five of which are New York Times Best Sellers. His most prominent, and the focus of our discussion, is "End Unemployment Now." We were lucky enough to join Dr. Batra in discussing the growth of post-World War II inequality, how the accumulation of debt affects socioeconomic classes differently, and how anti-trust can help working class families.
Episode 26: Jeff Smith on how to enact Georgist policies with sustainable political momentum
Jeff received a linguistics degree from California State University. Mr. Smith is a Georgist scholar and social justice activist who has promoted Georgist policies throughout his career. Mr. Smith is the author of "Counting Bounty," a book that examines the economic value of land and all of the earth’s natural resources. He served as the Director of Education at Basic Economic Education in San Diego and was the Chief Editor at Progress.org, a blog that promotes progressive policy perspectives. Jeff is also known for publishing "The Geonomist," which won a California Greenlight award. He has helped the city of Portland research new transportation policies and is a member of the International Society for Ecological Economics. Mr. Smith joined us to discuss how he helped form the Green Party in California, how progressive activist groups can build sustainable political momentum, and how Universal Basic Income may not be as helpful as some policymakers think.
Episode 25: Helping the planet and reducing inequality through carbon wealth taxes, a discussion
Dr. Semmler earned his doctorate from the Free University of Berlin in Germany. He is the author of several books including "Sustainable Accumulation and Dynamic Portfolio Decisions" and has appeared in numerous economic journals such as the Journal of Applied Econometrics, Journal of Economic Behavior and Organizations, and Journal of Economic Dynamics and Control. Dr. Chappe received her masters in Comparative Business Law and received her Ph.D. in Economics. Mr. Bastos Neves is a current Ph.D. at the New School of Social Research where he focuses on climate change, development finance, and macroeconomics. Together, the three talked about the impacts of carbon taxes, how taxes have impacted inequality, and how private investment patterns have changed throughout the years.
Episode 24: Edward Nell's macroeconomic analysis of the E.U. and the U.S.
Dr. Nell attained his bachelor's from Princeton University with an economics degree and his master's and Ph.D. from Oxford University in England, after being awarded the Rhodes Scholarship. Mr. Nell has taught at numerous universities in the U.S and across the globe including Wesleyan, Bennington College, McGill University, Bard College, and the University of Siena. He has written for many economic journals on topics such as macroeconomic theory, development, and monetary and financial analysis. He is also the author of "The General Theory of Transformational Growth," "Making Sense of a Changing Economy," and many, many more. Together, we listened to Dr. Nell's analysis of the E.U.’s response to the Greek government-debt crisis, why wages haven’t kept up with productivity in advanced economies, and how globalization has negatively impacted the U.S. economy.
Episode 23: The negative impacts of free trade and globalization most economists don't think about
Mr. Tonelson received his bachelor’s degree in history from Princeton University and is currently a Research Fellow at the U.S. Business and Industry Council, a lobbying group that fights for the growth of domestic manufacturing in the United States. He was also a fellow at the Henry Stimson Center and Economic Strategy Institute where he focused on the economic impacts of manufacturing and offshoring. Mr. Tonelson runs his blog RealityChek, which focuses on domestic production, U.S. trade deficits, free trade, and globalization. He is the author of "Race To The Bottom" which examines the role free trade and globalization have on declining wages and global labor standards. Mr. Tonelson talked about the domestic economic impacts of offshoring, protective tariffs, and how free trade helped create the 2007 Financial Crisis.
Episode 22: Debunking mainstream economics with Steve Keen
Dr. Keen is known for his criticisms of orthodox economic thinking and its detachment from reality. Mr. Keen received his bachelor's degree from the University of Sydney. He went on to complete his master's degree and Ph.D. in Economics and Economic History from the University of New South Wales. He is the author of several books on economics, of which the two most famous are "Debunking Economics" and "The New Economics." Both are critiques of modern economic theory that discuss debt deflation and financial instability. Dr. Keen has taught at the University of Western Sydney and Kingston University in London. He briefly worked as a fellow at the Centre for Policy Development in Australia. Dr. Keen has since retired and is now leading the development of a software platform called Minsky, which will be used to create visual models for national economies that are more accurate than previous iterations. Together we discussed the flaws behind the neoclassical economic framework, how human beings’ nature directly contradicts the current philosophical underpinnings in economics, and how firms can get away with charging prices above their marginal costs.
Episode 21: Martin Ford on how artificial intelligence and robotics will change the economy entirely
Martin received his bachelor's degree in Computer Engineering from the University of Michigan, Ann Arbor, and his master’s in Business from UCLA. Mr. Ford is a futurist and a New York Times Best Seller. He is the author of four books: The Rule of the Robots, Architects of Intelligence, The Rise of the Robots, and The Lights in the Tunnel. All his books focus on technology, robotics, artificial intelligence, and their socioeconomic impacts. He serves as an artificial intelligence expert and helps to manage Societe Generale’s Rise of the Robots index, a basket of stocks that profits from the growth of AI technology companies. Mr. Ford explained to us the power of technological progress, how information technology can create sustainable prosperity, and how automation will affect employment for both educated and uneducated workers.
Episode 20: Eamonn Fingleton on how deindustrialization and free trade weakened the American economy
Mr. Fingleton graduated from Trinity College in Ireland, where he earned his degree in Economics, Mathematics, and English. Mr. Fingleton worked for over 27 years as a journalist in Tokyo serving as an editor for the Financial Times and Forbes, covering Asia and globalization. Mr. Fingleton is the author of three books: In Praise of Hard Industry, In the Jaws of the Dragon, and Unsustainable. He has been featured in notable publications such as The New York Times, The Atlantic, The Guardian, The Washington Post, and the Harvard Business Review. Together with Mr. Fingleton, we discussed the problems caused by deindustrialization, how free trade can hurt domestic production in the long term, and whether or not free trade is always a good idea.
Episode 19: How property taxes can stop land speculation with Edward J. Dodson
Mr. Dodson attended Shippensburg University and Temple University where he received his economics degree. Mr. Dodson worked for Fannie Mae, a public-private partnership, to help distribute home mortgage loans. During his time at Fannie Mae, Mr. Dodson held numerous management and analyst positions within the Housing & Community Development group, helping grow neighborhoods and local communities. He also has extensive experience as a history lecturer at the Osher Life Long Learning Institute and the Learning is For Everyone program at Burlington County College. Mr. Dodson is the author of a three-volume work titled "The Discovery of First Principles," and many of his articles and papers on diverse subjects have been published in periodicals and journals. In 1997 he founded an online education and research project, the School of Cooperative Individualism.
We were lucky enough to talk with Mr. Dodson about land value taxation, how bad tax policy can incentivize risky speculation, and why the teachings of Henry George are rarely discussed in mainstream economics classes.
Episode 18: Yanis Varoufakis explains his critique of Piketty's Capital in the Twenty-First Century
Dr. Varoufakis is a Greek economist and politician who attained his Ph.D. in economics from the University of Essex in the United Kingdom. Dr. Varoufakis is the founder and secretary-general of the European Realistic Disobedience Front, a progressive leftward party, which is part of the Democracy in Europe Movement 2025. He served as Greek Finance Minister in 2015 and is a current member of the Greek Parliament. Dr. Varoufakis explained his critique of Capital in the 21st Century, by Thomas Piketty, why mainstream economic frameworks ignore inequality, and how Piketty’s solution to alleviating poverty falls short.
Episode 17: Dr. Anwar Shaikh explains the negative impact of free trade most economists miss
Dr. Shaikh draws from his experience of living in cities across the world including Ankara, Washington D.C., Lagos, New York, and more. Mr. Shaikh received his bachelor's degree from Princeton and earned his Ph.D. from Columbia, both in economics. He is the author of Capitalism: Competition, Conflict, Crises and Measuring the Wealth of Nations. He is the author of many journals on topics such as macroeconomics, competition, inequality, and many more. Shaikh discusses the effects of the Bretton Woods agreement, how countries like Japan and South Korea gain a competitive advantage through high productivity and low wages, and the negative impacts of free trade most economists don’t think about.
Episode 16: Learning about different economic systems with Edward Nell
Dr. Nell attained his bachelor's degree from Princeton University in economics and his master's and Ph.D. from Oxford University. Dr. Nell has taught at numerous universities in the U.S. and across the world, including Wesleyan, Bennington College, McGill University, Bard College, and the University of Siena. He has written for many economic journals on topics such as macroeconomic theory, development, and monetary and financial analysis. He is also the author of The General Theory of Transformational Growth, Making Sense of a Changing Economy, and many, many more. Together, with Dr. Nell, we discussed manorialism, different economic systems throughout the centuries, and historical insights offered by Marx and Keynes.
Episode 15: Examining inequality and welfare programs with Dr. Charles Murray
Dr. Murray earned his bachelor's in history from Harvard and attained his Ph.D. in political science from the Massachusetts Institute of Technology. Murray is a Hayek Chair of Cultural Studies and W.H. Brady scholar at the American Enterprise Institute where he focuses on society, culture, and universal basic income. He is the author of Losing Ground, The Bell Curve, Coming Apart, and Facing Reality. Our discussion with Dr. Murray includes welfare reforms in the 1960s, the inequality between the wealthy and working-class, and how the economic elites in the 1960s differ from modern elites.
Episode 14: Assessing land value with Ted Gwartney
Ted Gwartney was the executive director of the Robert Schalkenbach Foundation, an organization that promotes the ideas of Henry George. He has worked as a land assessor both domestically and internationally, where he learned to optimize land values in order to create robust funding for government projects. Ted has written several pieces on land assessment and real estate policy. Mr. Gwartney joined us to discuss how his experiences in land assessment influenced his Georgist philosophy, land and real estate policy, and how speculation can deter healthy economic growth.
Episode 13: How Dr. Fred Foldvary used Georgist economics to predict the '08 Financial Crisis
Fred Foldvary received his Bachelor's from UC Berkeley and his Master's and Ph.D. in economics from George Mason University. He taught at Virginia Tech, Santa Clara University, and San Jose State. Mr. Foldvary was a research fellow at the Independent Institute and is the author of several books on economics. Dr. Foldvary joins us to discuss his examination of the business cycle and how he predicted the Great Recession, what fuels boom and bust cycles, and how to counteract the negative effects of offshoring.
Episode 12: Is America as economically mobile as it used to be?
Our former president, Andrew Mazzone, was joined by Dr. George R. Tyler to discuss economic mobility in America. Doctor Tyler’s career began as an economic advisor to senators Hubert Humphrey and Lloyd Bentsen. He was appointed to the role of Deputy Treasury Assistant Secretary by Bill Clinton, and in 1995 became a senior official at the World Bank. In 1997, Tyler founded a real estate investment firm to help build homes in Virginia.
Episode 11: Rick Rybeck on funding infrastructure needed for development
Rick Rybeck joins us to discuss Land Value Return and Recycling, an equitable and innovative funding strategy for making our cities resilient and prosperous. Mr. Rybeck received his master's in Real Estate and Urban Development from American University and his JD from the American University Washington College of law. He is the founder and Director of Just Economics LLC, a firm founded in order to guide policy towards helping families. Their goal is to promote job creation, affordable housing, transportation efficiency, and sustainable development.
Episode 10: Patrick Condon explains how we can make urbanization more sustainable
Patrick Condon joins us this week for our discussion on sustainable urban planning. Mr. Condon received his master's in landscape architecture from Umass Amherst and has over 25 years of experience in sustainable urban design. Patrick started his academic career in 1985 at the University of Minnesota before moving to the University of British Columbia in 1992. After acting as the director of the landscape architecture program, he became the James Taylor Chair in Landscape and Liveable Environments. As Chair, he worked to advance sustainable urban design in numerous neighborhoods in the US, Canada, and Australia. Mr. Condon's newest book, Sick City: Disease, Race, Inequality, and Urban Land, features throughout our discussion and is available online. Together we discussed different housing policies across the world, Georgist land taxes, and how cities and towns can become more sustainable.
Episode 9: Robert Chirinko examines the role of state banks within development
Our episode this week comes from our discussion with Robert Chirinko and his examination of state banks within local economies. Together we discussed the trade-offs of state versus national banks, centralization versus decentralization, and a brief history of recent state bank failures. Dr. Chirinko’s research examines business behavior with a focus on capital formation, banking, financial markets, corporate governance and finance, macroeconomics, and tax policy. He received his Ph.D. from Northwestern University and has held faculty positions at Cornell University, the University of Chicago and full-time visiting positions at Stanford University and the Federal Reserve Bank of Kansas City. Prior to coming to the University of Illinois at Chicago, he was on the faculty of Emory University where he was the Winship Distinguished Research Professor in the Social Sciences. He is currently a professor in the Finance Department at the University of Illinois at Chicago, a research fellow at the Center for Economic Studies in Munich, and an affiliate and member of the Faculty Advisory Panel for the Government Finance Research Center.
Episode 8: A world without money, interest, or debt with Thomas Greco
In this week's episode, Mr. Thomas Greco helps examine a world without money, interest, or debt. Together, we discussed central banks’ role in the economy, how money and wealth are created, and how we can achieve economic equity and justice. Mr. Greco is a scholar, author, educator, and community economist who has been working at the leading edge of transformational restructuring for more than 35 years. He is widely regarded as a leading authority on moneyless exchange systems, community currencies, financial innovation, community-based economic development, and is a widely sought-after international speaker.
Episode 7: Transitioning to a green economy with Robert Werner
This week we were lucky enough to talk to Robert Werner about a green economy. Mr. Werner talked to us about carbon pricing, carbon dividends, and the economic costs of climate change. Werner earned his degree in Urban Studies from New York University, and since then has joined Citizens Climate Lobby and is New York State Co-coordinator.
Episode 6: Michael Morris introduces the circular economy
Dr. Morris received his doctorate from Liverpool University and later went on to become a post-doctoral fellow at Imperial College in London, before moving to Strathclyde University as a lecturer. He was appointed to a post in Materials Chemistry at UCC in 1993 and, while there, held the Chair of Inorganic Chemistry. We were lucky enough to talk with Dr. Morris about sustainability, the difference between a linear and circular economy, and the history of the circular economy.
Episode 5: Fiscal Policy Reform with Dan Sullivan
In this episode Dan Sullivan examines how our tax systems responded in the light of the pandemic and draws lessons as to how we should raise public revenue for prosperity, sustainability and fiscal resilience. Dan Sullivan is a Georgist scholar, former President of the Council of Georgist Organizations (CGO), and Director of Saving Communities, a Pennsylvania-based association that promotes fiscal integrity and economic justice.
Episode 4: Jack Rasmus on America's healthcare system and lessons from the pandemic
This episode comes from our Annual Conference: Rebuilding the Economy After the Pandemic. The series begins with Dr. Jack Rasmus who spoke to us about the U.S. healthcare system and the COVID-19 pandemic. Together we spoke about the vulnerabilities exposed by the pandemic, how inequality exacerbates these vulnerabilities, and possible reforms to improve the system.
Episode 3: Debate on global economic issues with Yanis Varoufakis and Scott Baker
In this episode, Andrew Mazzone hosts a debate between Yanis Varoufakis and Scott Baker. Dr. Varoufakis is the former Greek Finance Minister and a current member of the Hellenic Parliament. Scott Baker is the President of Common Ground-NYC, and a blogger for the Huffington Post and Oped News. The two discuss the effects of the Bretton Woods Agreement, the post-World War II recovery, economic solutions to a rising China, and the dichotomy of open borders for finance but not humans.
Episode 2: Dr. Paul Craig Roberts discusses the decline of US economy
In this episode, Andrew Mazzone interviews Dr. Paul Craig Roberts and discusses the decline of the U.S. economy. Dr. Roberts talks about the “hubris and arrogance” in Washington, powerful private interest groups that run the country, the effects of off-shoring, and about the declining power of the United States and the dollar.
Episode 1: Dr. Gregory Clark discusses unequal societies
This is an interview with Dr. Gregory Clark, Distinguished Professor of Economics at UC-Davis, and a Visiting Professor in the Economic History Department at LSE.
Dr. Clark is an editor of the European Review of Economic History, chair of the steering committee of the All-UC Group in Economic History, and a Research Associate of the Center for Poverty Research at Davis.