Optimist Economy

Optimist Economy

By Kathryn Anne Edwards and Robin Rauzi

Optimist Economy is the anti-doomscroll economics podcast. Work rules, tax fairness, healthcare, housing costs, retirement security — the economic forces shaping American life have real problems. B

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Best of Optimist Economy

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  1. Number 1: The U.S. is in the Hole. Will We Stop Digging?

    (Originally aired June 10, 2025) The national debt is $36 trillion. That could be a panic-inducing big number. So maybe it will help to understand how we ran up that debt. We've blown 37% of it on tax cuts, with precious little to show for that. But 28% went to stabilize the economy during two major crises (in ‘08-’09 and during the COVID pandemic), which is when you do want the federal government to pull out its credit card. Good news is we don’t have to get the debt to zero. We just need to get it moving in that direction. And for listeners waiting for MMT (Modern Monetary Theory) to make a cameo, that moment has arrived. Support Optimist Economy by becoming a paid Substack subscriber here, or by making a contribution at https://buymeacoffee.com/optimisteconomy Complete show notes with links to articles and data at optimisteconomy.com. You can also find Optimist Economy on: TikTok YouTube Instagram Read more: From Riches to Rags: Causes of Fiscal Deterioration Since 2001 [Committee for a Responsible Federal Budget, 2024] Economic Effects of the Tax Cuts and Jobs Act [Congressional Research Service, 2025] Is Modern Monetary Theory Nutty or Essential? [The Economist, 2019] Is This What Winning Looks Like?: Modern Monetary Theory, the buzziest economic idea in decades, got a pandemic tryout of sorts. Now inflation is testing its limits. [New York Times, 2022]

    52min
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  2. Number 2: Occupy! An Unfinished Uprising: The Invitation (Ep. 1)

    Optimist Economy is on break this month, but we know that optimist listeners are interested in tales of economic history, issues of inequality and movements for change. So we thought some of you might enjoy "Occupy!" a six-part narrative series about Occupy Wall Street, the 2011 protest village that lasted nearly two months and turned a spotlight on systemic economic inequality in the U.S. --- EPISODE 1: An Invitation In 2011, a handful of skeptical New Yorkers answer a call to Occupy Wall Street. What they find feels less like a protest and more like a glimpse of a different world—one where people openly share stories of debt, hardship, and frustration. They start to build an anti-capitalist village in a tiny Manhattan park — under the watchful eyes of police. This is the first episode of Future Hindsight’s brand new 6-part series, OCCUPY! An Unfinished Uprising. Subscribe to Future Hindsight wherever you get your podcasts so you don’t miss a single episode! Want to dive deeper? Listen to these episodes of Future Hindsight: For a conversation on activism with a co-founder of Occupy Wall Street, tune in to this episode with Micah White: https://www.futurehindsight.com/episodes/episode/micah-white For a recap of how American capitalism evolved into what it is today, listen to this episode with Kurt Andersen: https://www.futurehindsight.com/episodes/episode/americas-evil-geniuses-kurt-andersen On solidarity and mutual aid, listen to this conversation with Manuel Pastor: https://www.futurehindsight.com/episodes/episode/solidarity-and-mutuality-manuel-pastor Credits: Host / Executive Producer: Mila Atmos Producer / Writer: Maria Luisa Tucker Audio Producer: Zack Travis Additional production help: Mia Warren, Erika Gjada, Megan Detrie, Lizzie Jacobs, and Ilya Magazanin Archival research: Marisa Holmes Archival material courtesy of: Occupy Wall Street Media Working Group. Original music: Rude Mechanical Orchestra and Puge Ruhe Special thanks to T.J. Raphael, Lauren Passell, Arielle Nissenblatt, and Kate Blumenfeld for being our first listeners and sounding boards, and to Tom Koenig for his support. Distributed by PRX.

    39min
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  3. Number 3: Stop Donating Your Vacation Days to Your Boss

    Nearly 90% of private-sector workers get paid vacation days from their job, but a Pew survey found 46% leave at least some of it on the table. Government survey data also show that the share of workers who are on vacation in any given week has fall by about half between 1980 and 2022. Blame thin staffing, guilt culture, and “PTO bundles” that push people to ration days between vacation days and sick leave. The fix exists elsewhere: the European Union, for instance, guarantees 20 paid days a year. If a Costco cashier is able to vacation in Europe twice, so should you. Chapters: 0:52 Announcements 2:53 Retcon Marathon 11:01 Terms & Conditions: Statutory Leave 12:04 Big Pilcrow: Vacation Days 14:03 Why Do We Think We Can't Take Time Off? 16:01 No Staffing Slack in the Office 16:51 Vacation Guilt is a Real Thing 18:51 What's Worker Power Got to Do With It? 20:20 Decline in Days Off: What the Data Says 21:17 Vague Numbers of Vacation Days 24:23 Cost of Travel is Up 24:56 Statutory Leave Could Create Jobs 26:28 What are Workers Leaving on the Table? 28:48 How Much Does Vacation Time Cost Employers? 31:08 Vacation Marxist Economics-Style 34:40 The Curse of the Long-Weekend Vacation 38:21 Could the Government Mandate Vacation Time? 42:46 Executive Orders: ACFC wins and Americans with Children Act 46:23 Spiritual Sponsors: Lizards! Donate to Optimist Economy: https://optimisteconomy.com Video-curious? Watch the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy. Chat with other Optimists on Substack. Find utility with our merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders? Send them to [email protected]

    51min
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  4. Number 4: Simple Immigration Economics: Bigger is Better

    (Originally aired 6/24/2025) One in five workers in the United States was born in another country. Without them, the country’s prime-age workforce would be shrinking, and thus so would our economy. So the calumny (Terms & Conditions) directed at immigrants is at odds with the basic fact that the U.S. needs them. What about depressing wages? Research finds such a mixed bag of results that the overall effect is about zero. Indeed, if the goal is to save “American jobs” or help American workers, there are a lot more effective ways to spend $185 billion than on a massive crackdown on immigration rules. Chapters: 00:02:34 Announcements 00:05:55 Retcon 00:10:43 Terms & Conditions 00:12:21 Big Pilcrow 00:43:07 Executive Orders 00:49:12 Spiritual Sponsors Donate to Optimist Economy: https://optimisteconomy.com Video-curious? Watch the Optimist Economy YouTube channel⁠⁠. We’re also on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy. Chat with other Optimists on Substack. Find utility with our merch: https://merch.ambientinks.com/collections/optimisteconomy Got economic questions, concerns, or executive orders? Send them to [email protected]

    53min
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  5. Number 5: Optimist Q&A: The AI Bubble, the Rapture, and Free Lunch

    We can’t give financial advice. Or feedback on your 20-page tax proposal. But economist Kathryn Edwards did take a run at nearly 20 listener questions in under 60 minutes. Among them: Why care about birth rates if robots are taking all the jobs? What happens if the AI bubble bursts? Will the dollar collapse? Can the bond market sway the White House? Plus: Why the minimum wage matters even if it doesn’t alleviate most poverty and how to argue for universal free school lunch. Chapters: 1:43 — AI & birth rates 2:57 — AI & birth rates (cont.) 5:43 — AI bubble burst 8:11 — The experience of inflation 11:20 — Minimum wage & poverty 13:55 — Job loss after 50 17:30 — Productivity squeeze 21:00 — CEO pay ratio cap 21:49 — Could the dollar collapse? 26:59 — Bonds & the Fed 28:35 — Debt ceiling fix 31:12 — Trump Accounts vs 401k 34:42 — Tax dollar waste myth 36:46 — Universal school meals 40:11 — Part-time for new parents 42:28 — Fighting monopolies 44:14 — Policy ideas for Texas 47:34 — Mamdani goes federal? 50:43 — Top 1% wealth myth Dis-save a bit to help Optimist Economy: https://optimisteconomy.com Unbeeped episodes at the Optimist Economy YouTube channel⁠⁠. Short videos on Instagram at ⁠⁠@optimist_economy or TikTok at ⁠⁠@optimist_economy. We are on Facebook. Search for us. Get in on the Optimist chat on Substack. Get on the wait list for our next batch of hats: https://merch.ambientinks.com/collections/optimisteconomy Get in touch: [email protected]

    53min
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