Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Buy, Borrow, Steal

Buy, Borrow, Steal

FromHidden Brain


Buy, Borrow, Steal

FromHidden Brain

ratings:
Length:
49 minutes
Released:
Jun 22, 2020
Format:
Podcast episode

Description

Policymakers have a tried-and-true game plan for jump-starting the economy in times of severe recession: Push stimulus packages and lower interest rates so Americans will borrow and spend. But economist Amir Sufi says the way we traditionally address a recession is deeply flawed. He argues that by encouraging "sugar-rush" solutions, the nation is putting poor and middle-class Americans and the entire economy at even greater risk. This week we look at the role of debt as a hidden driver of recessions, and how we might create a more stable system.
Released:
Jun 22, 2020
Format:
Podcast episode

Titles in the series (100)

Shankar Vedantam uses science and storytelling to reveal the unconscious patterns that drive human behavior, shape our choices and direct our relationships.