Broadcast 1/8/2018 at 8:22 AM EST (19 Listens, 27 Downloads, 2466 Itunes)
The Rob Kall Bottom Up Radio Show Podcast
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John T. Harvey is professor of Economics at Texas Christian University, an author of multiple books on economics and he's a blogger at Forbes.com.
He says, "Mainstream economists have next to no knowledge of the schools of thought that did the best job of forecasting the Financial Crisis."
We discuss two articles:
Five Reasons You Should Blame the Economics Discipline for Today's Problems
Trump's Tax Plan: The Good, The Bad And The Ugly
You say a capitalist economy runs from the bottom up, from consumer to producer.
Generally tax cuts don't cause businesses to hire more workers. (automation?)
Estate tax/ dynasty tax
Cutting government spending--people don't understand that cutting government spending to balance budgets ends up costing them money.
Bottom up economics---
Macroeconomics and microeconomics
Neoclassiscism is the model economists must hew to to get published in top journals. What is Neoclassicism?
Size: 80,253,514 -- 0 hrs, 55 min, 44 sec
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