We speak with Gerald Epstein about MMT.  Gerald Epstein is Professor of Economics and a founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. Epstein has written articles on numerous topics including financial crisis and regulation, alternative approaches to central banking for employment generation and poverty reduction, economists’ ethics and capital account management and capital flows and the political economy of financial markets and institutions. 





















  
  














































  

    
  
    

      

      
        
          
        
        

        
          
            
          
            
                
                
                
                
                
                
                
                

            
          
        
          
        

        
      
        
      

    
  


  











  A note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers.  The podcast is now within the top 2% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week.  The podcast is reaching thousands of listeners each month.  The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy.  Best, Lev





















  
  






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Best of: Modern Monetary Theory (MMT) Explained. (I finally understand.)

A Correction is an economics podcast that seeks to demystify the economy and make economics accessible.

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Teddy Wayne is the author of the novels The Winner (coming May 2024), The Great Man Theory, Apartment, Loner, The Love Song of Jonny Valentine, and Kapitoil. He is the winner of a Whiting Writers’ Award and an NEA Creative Writing Fellowship as well as a finalist for the Young Lions Fiction Award, PEN/Bingham Prize, and Dayton Literary Peace Prize. A former columnist for the New York Times and McSweeney’s and a frequent contributor to The New Yorker, he has taught at Columbia University and Washington University in St. Louis. He has developed films and series from his novels with Columbia Pictures, HBO, MGM Television, and others. He lives in Brooklyn with his wife, the writer Kate Greathead, and their children.





















  
  














































  

    
  
    

      

      
        
          
        
        

        
          
            
          
            
                
                
                
                
                
                
                
                

            
          
        
          
        

        
      
        
      

    
  


  





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  A note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers.  The podcast is now within the top 2% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week.  The podcast is reaching thousands of listeners each month.  The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy.  Best, Lev

Teddy Wayne on Class in America (and his new book The Winner)

Delton Chen is a geo-hydrologist and civil engineer. Delton holds a Ph.D. in engineering from the Department of Chemical Engineering, University of Queensland, Australia. Delton has 20 years of combined experience in groundwater management, environmental impact assessments, mining, geothermal energy and climate mitigation; and he analyzed the mitigation potential of fly-ash cement and low-flow water taps for Project Drawdown. Delton is a thought-leader in the development of new public policies based on Central Bank Digital Currencies, and he is a member of the Blockchain Climate Institute. Delton founded the Global Carbon Reward Initiative in 2013.





















  
  














































  

    
  
    

      

      
        
          
        
        

        
          
            
          
            
                
                
                
                
                
                
                
                

            
          
        
          
        

        
      
        
      

    
  


  











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Delton Best of: Chen on The Carbon Coin (If you read The Ministry for the Future this episode is for you!)

Samuel Hughes is a Research Fellow at the University of Oxford and Head of Research at the Office for Place within the Department for Levelling Up, Housing and Communities. 

His education was primarily at Oxford and Cambridge Universities. At the former he took an MA in Philosophy Politics and Economics (2013) and a B.Phil. in Philosophy (2015); at the latter he completed his PhD in Philosophy (2020). He is interested in architecture and urbanism, both on a philosophical level and at the level of policy. He is now beginning a book on philosophical approaches to artistic modernism, a subject on which immense quantities have been written, but which has almost never been systematically investigated using the tools of analytical philosophy.





















  
  














































  

    
  
    

      

      
        
          
        
        

        
          
            
          
            
                
                
                
                
                
                
                
                

            
          
        
          
        

        
      
        
      

    
  


  











  CONTRIBUTEA note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers.  The podcast is now within the top 2% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week.  The podcast is reaching thousands of listeners each month.  The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy.  Best, Lev

Best of: Samuel Hughes on Ugly Buildings, Beautiful Cities and How to Build Better Suburbs

Dennis O. Flynn is the Alexander R. Heron Professor of Economics at the University of the Pacific. He has published since 1978 dozens of essays on global monetary history, fifteen of which have been reproduced in World Silver and Monetary History in the Sixteenth and Seventeenth Centuries (Variorum, 1996). He has co-edited Metals and Monies in an Emerging Global Economy (Variorum 1997), Studies in the Economic History of the Pacific Rim (Routledge, 1998), Pacific Centuries: Pacific and Pacific Rim History Since the 16th Century (Routledge, 1999), European Entry into the Pacific: Spain and the Acapulco-Manila Galleons (Variorum, 2001), Studies in Pacific History: Economics, Politics, and Migration (Ashgate, 2002), and Studies in Global Monetary History, 1470–1800 (Ashgate, 2002). He is co-General Editor of a 19-volume series, The Pacific World: Lands, Peoples, and History of the Pacific, 1500–1900 (Variorum/Ashgate, 2001–2004). His collaborative research with Arturo Giráldez has been featured in the New York Times (2 December 2000) and The Economist (25 August 2001).





















  
  














































  

    
  
    

      

      
        
          
        
        

        
          
            
          
            
                
                
                
                
                
                
                
                

            
          
        
          
        

        
      
        
      

    
  


  











  DONATE TODAYA note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers.  The podcast is now within the top 2.5% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week.  The podcast is reaching thousands of listeners each month.  The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy.  Best, Lev

Dennis O. Flynn on The World that Silver Created

Alberto Toscano is Term Research Associate Professor at the School of Communication at Simon Fraser University. He is also Professor of Critical Theory at the Department of Sociology, Goldsmiths, University of London, where he co-directs the Centre for Philosophy and Critical Thought.





















  
  














































  

    
  
    

      

      
        
          
        
        

        
          
            
          
            
                
                
                
                
                
                
                
                

            
          
        
          
        

        
          
          
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Best of: Modern Monetary Theory (MMT) Explained. (I finally understand.)

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