This week, Nick and Goldy sit down with historian Gary Gerstle, author of The Rise and Fall of the Neoliberal Order, for an in-depth exploration of neoliberalism—its origins, dominance, and decline. Their conversation examines the shifting political landscape shaped by recent presidential administrations, including the Biden administration’s efforts to promote a more equitable “middle-out” economic framework. With a focus on historical context and the enduring power of neoliberal institutions, this episode offers a compelling analysis of the pathways to a new economic order and the critical role of innovative thinking in navigating today’s economic challenges.

Gary Gerstle is an author, historian, and scholar of American political and economic history. He is the Paul Mellon Professor of American History Emeritus at the University of Cambridge and a Professor Emeritus of History at Vanderbilt University.

Social Media:

@glgerstle

Further reading: 

1984 Super Bowl APPLE MACINTOSH Ad

The Rise and Fall of the Neoliberal Order: America and the World in the Free Market Era

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

With a second Trump administration on the horizon, we’re bracing for a return to the same failed trickle-down policies that have dominated our politics for 50 years—policies that enrich the wealthy few at the top while leaving everyone else behind. That’s why we’re resharing our 2022 conversation with Mark Blyth, a political economist who explains why trickle-down economics refuses to die and how it continues to shape our world. In this episode, Mark exposes the myths behind these harmful ideas and makes a compelling case for a new economic paradigm.

This episode originally aired on October 11, 2022.

Mark Blyth is a political economist, professor, author and the Director of the William R. Rhodes Center for International Economics and Finance at Brown University. He is the author of several influential books, including Austerity: The History of a Dangerous Idea and Angrynomics (co-authored with Eric Lonergan), and he’s the co-author of a forthcoming book, Inflation: A Guide for Users and Losers.

Further reading: 

Inflation: A Guide for Users and Losers

Angrynomics

Austerity: The History of a Dangerous Idea

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Nick and Goldy discuss the future of AI and its potential impact on labor markets and society with MIT professor and economist David Autor. While many pundits predict that AI will bring economic misery to working Americans, Autor optimistically argues that AI could empower the middle class by augmenting human expertise, unlocking new solutions to complex problems, and enabling individuals with fewer formal skills to excel in areas requiring advanced knowledge. Professor Autor also underscores the need for targeted investments, labor market supports, and thoughtful regulations to ensure the benefits of AI are widely and equitably distributed rather than concentrated among a privileged few. It’s a fascinating discussion about the future of AI that tackles the pressing questions about its ethical deployment, the risks of monopolization, and the societal shifts required to harness it for the greater good.

David Autor is a labor economist and professor of economics at the Massachusetts Institute of Technology who studies how technological change and globalization affect workers. He is also co-director of the MIT Shaping the Future of Work Initiative and the National Bureau of Economic Research Labor Studies Program.

Social Media

Twitter: @davidautor

Further reading: 

NOEMA - AI Could Actually Help Rebuild The Middle Class

New York Times - How One Tech Skeptic Decided A.I. Might Benefit the Middle Class

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Dr. Abdul El-Sayed joins Nick and Goldy to discuss how the recent assassination of United Healthcare CEO Brian Thompson has thrown a harsh spotlight on the public's visceral anger toward our exploitative healthcare system. Dr. El-Sayed outlines the stark contrasts between the profit-driven U.S. healthcare system and those of other developed nations, arguing that we need a public option to alleviate the burdens of skyrocketing costs and access issues. Goldy also explains how the warnings from Nick’s viral POLITICO piece from 10 years ago, “The Pitchforks Are Coming For Us Plutocrats,” feel eerily prescient, as the public reaction to Thompson’s death was a mix of hailing the shooter as a hero, outrage, and people sharing their personal healthcare horror stories online. Is it possible that America’s healthcare system is having its own pitchforks moment?

Dr. Abdul El-Sayed is a physician, epidemiologist, and public servant whose work focuses on health equity, resiliency, and environmental justice. He is the host of America Dissected, Crooked Media’s podcast that explores the intersection of health and society with leading experts in science, public health, and policy. Abdul is also the author of Healing Politics and Medicare for All: A Citizen’s Guide, and he serves as a visiting scientist at Harvard’s FXB Center for Health & Human Rights, as well as a Scholar in Residence at Wayne State University and American University.

Social Media

BlueSky: @abdulelsayed.bsky.social

Instagram: abdulelsayed

Threads: abdulelsayed

Twitter:  @AbdulElSayed

Further reading: 

America Dissected 

Healing Politics: A Doctor's Journey Into the Heart of Our Political Epidemic

Medicare for All: A Citizen's Guide   

Nick’s OpEd in POLITICO: The Pitchforks Are Coming… For Us Plutocrats

Nick’s Ted Talk: Beware, fellow plutocrats, the pitchforks are coming

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Nick and Goldy interview a Pitchfork Economics first: a sitting President of the United States. President Joe Biden joins the podcast for a conversation about the transformative economic vision at the heart of his presidency. Biden shares how his groundbreaking middle-out economic policies—investing in workers, rebuilding infrastructure, and revitalizing American industries—are reshaping the economy and creating a legacy of shared prosperity. From empowering unions to creating good-paying jobs and boosting wages, the President underscores why a thriving middle class isn’t just the foundation of a strong economy—it’s the engine that drives it. This is an insightful discussion with the leader who has helped turn the page on five decades of failed economic theory, breaking the suffocating DC economic consensus in favor of prioritizing working Americans.

Joseph R. Biden is the 46th President of the United States. 

Social Media:

Facebook: Joe Biden

Instagram: joebiden

Threads: joebiden

Twitter: @JoeBiden

Further reading: 

President Biden in The American Prospect: From the Middle Out and Bottom Up

A New Economics Takes Hold

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Nick and Goldy explore why the market alone can’t solve the U.S. housing crisis with Sandeep Vaheesan and Brian Callaci from the Open Markets Institute. The guests discuss their recent article in the Harvard Business Review, which explains how profit-driven private markets fail to address housing affordability, particularly for lower-income individuals. Their discussion underscores the drawbacks of deregulation and the need for strong antitrust enforcement, second-generation rent controls, enhanced tenant protections, and a public option for housing to ensure stability and affordability. Vaheesan and Callaci also stress the significance of understanding the interconnected issues of supply, demand, and the socioeconomic factors driving the crisis, arguing that without proactive governmental intervention the housing market cannot effectively meet the needs of those seeking affordable housing.

Sandeep Vaheesan is the legal director at the Open Markets Institute. He leads the institute’s legal advocacy and research on a range of anti-monopoly topics, including antitrust law’s role in structuring labor markets and promoting fair competition. Before working at the Open Markets Institute, he served as regulations counsel at the Consumer Financial Protection Bureau, where he helped develop rules on payday and title lending and debt collection practices. 

Brian Callaci is the chief economist at the Open Markets Institute. He researches and writes about market structure, antitrust law, and their relationship to worker and employer power. In addition to peer-reviewed academic research, he publishes articles in news outlets such as The Atlantic, Harvard Business Review, and The New Republic. Before working at the Open Markets Institute, he worked at the Strategic Organizing Center and Workers United/SEIU.

Social Media: 

Sandeep Vaheesan on Twitter: @sandeepvaheesan

Brian Callaci on Twitter: @brian_callaci

Open Markets Institute on BlueSky: @openmarkets.bsky.social

Open Markets Institute on Twitter: @openmarkets

Further reading: 

The Market Alone Can’t Fix the U.S. Housing Crisis

Zoning change: Upzonings, downzonings, and their impacts on residential construction,

housing costs, and neighborhood demographics

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Gregg Colburn, co-author of "Homelessness is a Housing Problem," joins Nick and Goldy to dissect the complex factors fueling America’s homelessness crisis. Colburn presents compelling evidence that challenges common misconceptions around homelessness, revealing that it stems primarily from the rising costs of housing rather than issues like addiction or mental illness. He explains that evidence shows comprehensive strategies—combining affordable housing, rental assistance, and supportive services—can meaningfully reduce numbers in the unhoused population. While acknowledging the long-term nature of the challenge, Colburn reframes housing as essential infrastructure, calls for big investments in building more housing units, and offers a compelling, data-driven case for rethinking America’s approach to homelessness and housing affordability.

Gregg Colburn is an associate professor of real estate at the University of Washington’s College of Built Environments. He publishes research on topics related to housing and homelessness and is co-author of the book Homelessness is a Housing Problem: How Structural Factors Explain U.S. Patterns. Professor Colburn is co-chair of the University of Washington’s Homelessness Research Initiative and is a member of the National Alliance to End Homelessness Research Council.

Further reading: 

Homelessness is a Housing Problem: How Structural Factors Explain U.S. Patterns 

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Nick and Goldy discuss the concept of social housing with Vox Policy Correspondent Rachel Cohen. They explore how local government investments in mixed-income housing can keep cities affordable for the middle class. Drawing from her reporting, Cohen spotlights the innovative social housing experiment in Montgomery County, Maryland, which demonstrates how well-designed public housing can rival private market options without falling prey to stigma or inefficiency. They also explore the financial benefits of publicly owned housing and its potential to alleviate the widespread housing crisis by providing a sustainable, scalable solution that benefits low- and middle-income earners by delivering lasting affordability.

Rachel Cohen is a policy correspondent for Vox Media. She focuses on U.S. social policy, covering issues such as education, abortion, economic policy, and housing. Rachel has been covering social policy issues for more than a decade, with her reporting published in more than two dozen national outlets, including the New York Times, the Atlantic, Bloomberg, the Daily Beast, and the Washington Post.

Social Media:

@rmc031

@rachelmcohen.bsky.social

Further reading: 

What if public housing were for everyone?

One possible housing crisis solution? A new kind of public housing for all income levels

An Innovative Financing Model for Affordable Housing

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Nick And Goldy are joined by Faiz Shakir, Executive Director of A More Perfect Union, to discuss the shocking revelation of an international oil price-fixing conspiracy. Their conversation explores how the collusion between American oil companies and the foreign nations that make up OPEC significantly contributed to inflation, costing American families between $500 and $1,000 annually. Shakir explains how the Federal Trade Commission uncovered this conspiracy and highlights the urgent need for increased regulatory oversight and harsher penalties to protect consumers from corporate malpractice.

Faiz Shakir is the Executive Director of the nonprofit education, advocacy, and journalism organization, More Perfect Union, and former campaign manager of Senator Bernie Sanders’ 2020 Presidential Campaign. Prior to his work with Senator Sanders, Shakir held various leadership positions within the Democratic Party and progressive organizations, working to advance social and economic justice issues.

Social Media: 

@faiz.bsky.social

@fshakir

@perfectunion

@moreperfectunion.bsky.social

@MorePerfectUS

Further reading: 

An Oil Price-Fixing Conspiracy Caused 27% of All Inflation Increases in 2021

A 2024 Timeline of Big Oil Greed 

House Democrats investigate whether Big Oil colluded with OPEC to inflate gas prices

The Truth Behind the Latest Oil Price-Fixing Scandal

Gas Price Fixing Scandal Grows as Another US Oil Exec 'Caught Colluding With OPEC'

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

This week, Natalie Foster, co-founder of the Economic Security Project, joins Nick and Goldy to discuss her book The Guarantee: Inside the Fight for America's Next Economy. Foster argues that as the world’s wealthiest nation, the U.S. can ensure a basic economic floor for all by guaranteeing essentials like housing, healthcare, higher education, family care, good jobs, and income, regardless of race, religion, or location. Foster explains how giving people money might just be the key to growing the economy for everyone. Their wide-ranging conversation covers topics including the wealth gap, housing affordability, baby bonds, and the political dynamics surrounding guarantee programs.

Natalie Foster is the president and co-founder of the Economic Security Project and author of the book The Guarantee: Inside the Fight for America’s Next Economy. Natalie previously founded the sharing economy community Peers, and co-founded Rebuild the Dream, and served as Digital Director for President Obama’s Organizing for America.

Twitter: @nataliefoster

Further reading:

The Guarantee: Inside the Fight for America’s Next Economy

Website: http://pitchforkeconomics.com

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

YouTube: @pitchforkeconomics

Substack: The Pitch