In this episode, we dive into the role of the Federal Reserve, its dual mandate, and the socioeconomic implications of controlling inflation through employment. We explore the concept of aggregates of aggregates, the artificiality of the 2% inflation rate, and draw upon the perspectives of French philosopher Bruno Latour to shed light on how economic measures are influenced by practices, technologies, and social interactions.

Books Discussed:

• We Have Never Been Modern - https://bookshop.org/a/94644/9780674948396
• The Tyranny of Merit - https://bookshop.org/a/94644/9781250800060

Further Info:

• YouTube: https://www.youtube.com/channel/UC-S-86YcDfV94_u2i1qlYbQ
• Twitter: https://twitter.com/Reviving_Virtue
• Patreon page: https://www.patreon.com/RevivingVirtue
• Bookshop page: https://bookshop.org/shop/RevivingVirtue
• Contact: [email protected]
• Music by Jeffrey Anthony