Politics: Meet Me in the Middle

38 - The Economy Explained (Finally!) with MIT Economist Daron Acemoglu


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The episode begins with a brief and understandable explanation of what the economy is and why it matters. Historian Ed Larson explains how past events have effected the economy and why debt is necessary. Daron Acemoglu talks about balancing lives and prioritizing the economy. Jane Albrecht wonders how fast the economy will bounce back and will it be equitable. The panel discusses how the US stacks up against other countries in dealing with the economic impact of the pandemic. Why the stock market isn't necessarily an accurate reflection of the economy.

TIMESTAMPS:

2:20 - What makes up the US economy

3:30 - How does the economy affect individuals

7:00 - The balancing act of lives versus the economy

11:30 - A future look of the economy after the pandemic

15:00 - The stimulus and the economy

17:00 - The history of the National Debt

18:00 - Does the National Debt matter?

24:50 - Does the stock market reflect the health of the economy

Learn More: Politics: Meet Me in the Middle

Follow Us on Twitter: @politicsMMITM

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Hosted by: Bill Curtis, Ed Larson and Jane Albrecht

Produced and Edited by: Mike Thomas

Sound Engineering by: Michael Kennedy

Theme Music by: Celleste & Eric Dick

A CurtCo Media Production

See omnystudio.com/listener for privacy information.

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