Economism on Marketplace

By James Kwak

David Brancaccio of Marketplace has started a new radio project called Econ Extra Credit: reading a first-year economics textbook, one chapter per week, along with his listeners. Luckily, he chose one of the textbooks produced by the CORE project, a group of economists who set out to rewrite the economics curriculum in the wake of the financial crisis and Great Recession.

David invited me to talk with him about “Economics 101” and the one-sided impression of the world that people often take away from the class—especially those for whom it is their only economics class. This, of course, was the subject of my 2017 book Economism: Bad Economics and the Rise of Inequality.

You can hear the whole interview here. Enjoy!

2 responses to “Economism on Marketplace

  1. Looks interesting. I will borrow from this work for my peer-to-peer class on Corporate Accountability: Restoring The Balance at CSU, Sacramento’s Renaissance Society https://www.csus.edu/college/social-sciences-interdisciplinary-studies/renaissance-society/on-campus-seminars.html#friday-afternoon-half-semester

  2. Where does stuff like this fit into “economism”…?

    From rt business section – “….Electronic patient records systems used by doctors across the United States have been programmed to automatically suggest opioids for treatment. This was part of a secret deal between the software makers and drug companies.
    That is competition on both a software and a macroeconomic level, say the hosts of Keiser Report.

    “So, here you have corporations involved in brainwashing, in distorting the information field, involved in adversely programming their computers to prescribe opioids to patients for profit, even though it’s killing more people than we lost in Vietnam,” says Max Keiser…..”