Thinking Like an Economist
How Efficiency Replaced Equality in U.S. Public Policy
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Narrated by:
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Suzie Althens
About this listen
For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking - an "economic style of reasoning" - became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today.
Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment.
Thinking like an Economist offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past - but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.
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The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate.
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Meandering, gossipy, a bit pop-journalistic
- By Philo on 10-03-16
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Economics for the Common Good
- By: Jean Tirole, Steven Rendell - translator
- Narrated by: Jonathan Davis
- Length: 18 hrs and 54 mins
- Unabridged
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When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
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A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
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Creating a Learning Society
- A New Approach to Growth, Development, and Social Progress
- By: Joseph E. Stiglitz
- Narrated by: Sean Runnette
- Length: 12 hrs and 32 mins
- Unabridged
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It has long been recognized that most standard of living increases are associated with advances in technology, not the accumulation of capital. Yet it has also become clear that what truly separates developed from less developed countries is not just a gap in resources or output but a gap in knowledge. In fact the pace at which developing countries grow is largely determined by the pace at which they close that gap. Therefore, how countries learn and become more productive is key to understanding how they grow and develop, especially over the long term.
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tecnico pero vale la pena
- By Anonymous User on 01-27-19
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The Avoidable War
- The Dangers of a Catastrophic Conflict between the US and Xi Jinping's China
- By: Kevin Rudd
- Narrated by: Kevin Rudd, Rafe Beckley
- Length: 16 hrs and 9 mins
- Unabridged
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The relationship between the US and China, the world’s two superpowers, is peculiarly volatile. Their militaries play a dangerous game of chicken, corporations steal intellectual property, intelligence satellites peer, and AI technicians plot. The capacity for either country to cross a fatal line grows daily. Kevin Rudd, a former Australian prime minister who has studied, lived in, and worked with China for more than forty years, is one of the very few people who can offer real insight into the mindsets of the leadership whose judgment will determine if a war will be fought.
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Xi and the CCP Approve this Message
- By Andrizomai on 12-04-22
By: Kevin Rudd
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Refuge
- Rethinking Refugee Policy in a Changing World
- By: Paul Collier, Alexander Betts
- Narrated by: Clive Chafer
- Length: 10 hrs and 25 mins
- Unabridged
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Refuge seeks to restore moral purpose and clarity to refugee policy. Rather than assuming indefinite dependency, Collier - author of The Bottom Billion - and his Oxford colleague Betts propose a humanitarian approach integrated with a new economic agenda that begins with jobs, restores autonomy, and rebuilds people's ability to help themselves and their societies.
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Academic
- By Jonah on 09-30-19
By: Paul Collier, and others
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The Precipice
- Neoliberalism, the Pandemic and the Urgent Need for Social Change
- By: Noam Chomsky, C.J. Polychroniou
- Narrated by: Eric Jason Martin
- Length: 13 hrs and 18 mins
- Unabridged
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In The Precipice, Noam Chomsky sheds light into the phenomenon of Trumpism, exposes the catastrophic nature and impact of Trump's policies on people, the environment, and the planet as a whole, and captures the dynamics of the brutal class warfare launched by the masters of capital to maintain and even enhance the features of a dog-eat-dog society to the unprecedented mobilization of millions of people against neoliberal capitalism, racism, and police violence.
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Of Incalculable Importance
- By Anonymous User on 12-15-21
By: Noam Chomsky, and others
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The Entrepreneurial State
- Debunking Public vs. Private Sector Myths
- By: Mariana Mazzucato
- Narrated by: Callie Beaulieu
- Length: 9 hrs and 33 mins
- Unabridged
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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World-Systems Analysis: An Introduction
- A John Hope Franklin Center Book
- By: Immanuel Wallerstein
- Narrated by: Fred Filbrich
- Length: 4 hrs and 32 mins
- Unabridged
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In World-Systems Analysis, Immanuel Wallerstein provides a concise and accessible introduction to the comprehensive approach that he pioneered 30 years ago to understanding the history and development of the modern world. Since Wallerstein first developed world-systems analysis, it has become a widely utilized methodology within the historical social sciences and a common point of reference in discussions of globalization.
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Uneven, but Ambitious
- By Logical Paradox on 08-27-14
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The China Challenge
- Shaping the Choices of a Rising Power
- By: Thomas Christensen
- Narrated by: Alan Sklar
- Length: 15 hrs and 39 mins
- Unabridged
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Many see China's rise as a threat to US leadership in Asia and beyond. Thomas J. Christensen argues instead that the real challenge lies in dissuading China from regional aggression while eliciting its global cooperation. Drawing on decades of scholarship and experience as a senior diplomat, Christensen offers a deep perspective on China's military and economic capacity. Assessing China's political outlook and strategic goals, Christensen shows how nationalism and the threat of domestic instability influence the party's decisions about regional and global affairs.
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UNDERSTANDING CHINA
- By chetyarbrough.blog on 03-03-23
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Globalization and Its Discontents
- By: Joseph E. Stiglitz
- Narrated by: Derek Perkins
- Length: 10 hrs and 33 mins
- Unabridged
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This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national best-seller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank.
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Plea
- By Asma on 10-13-20
What listeners say about Thinking Like an Economist
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- david ress
- 05-28-22
A hole in the middle
A tedious recitation of institutional organization, this book never actually says much about how economists think (meaning, of course, how many but not all economists think). The narrator's mispronunciations and flat delivery suggest similarly casual attention to audio production.
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