Economics & Beyond with Rob Johnson

​​In this episode of Economics and Beyond, Rob Johnson and John Fullerton discuss his new book, Regenerative Economics which explores flaws in traditional economic thinking, and the need for a new framework that views the economy as a living system. They discuss the contradictions in financial theory, the role of chaos and stability, and the importance of self-governance and the commons in creating a sustainable economic future. Fullerton emphasizes the need to learn from life processes and to rethink our approach to economics and finance to align with the principles of regeneration.​

In this episode of Economics and Beyond with Rob Johnson, Michigan Secretary of State Jocelyn Benson discusses her book The Purposeful Warrior, which explores choosing courage over fear and standing up for democracy. She reflects on her experiences during the 2020 election, her work in civil rights, education, and sports, and her potential run for governor. Benson emphasizes resilience, unity, and the power of arts and activism to inspire change. She encourages young people to define their paths with strength and purpose, offering a call to action for collective progress and principled leadership in challenging times.

Fred Block, Research​ Professor of Sociology at UC Davis, joins Rob Johnson to discuss his latest book,​ The Habitation Society, which explores the need to move beyond industrial-era economic models to create an economy that prioritizes community well-being​. Block critiques how economic policies have fueled inequality and stagnation while offering solutions—such as restructuring public finance—to foster prosperity for all.

Rob Johnson hosts Lincoln Mitchell, Political Science Professor at Columbia University, in a compelling conversation about the increasingly powerful fascist movement in the US. Mitchell outlines the elements of fascism present in the MAGA movement, including its dependence on a strongman leader, the scapegoating of minorities, threats of violence and curtailing of freedoms of speech and assembly. Reflecting on the failures of the media and political establishment, they discuss the importance of rebuilding democratic norms and institutions.

David Sirota joins Rob Johnson to examine the history and impact of money in U.S. politics, as explored in Sirota’s investigative podcast series, "Master Plan." Sirota discusses how a series of judicial rulings and policy changes since the 1970s enabled a system in which the voices of wealthy elites overshadow those of ordinary citizens.

​Author and Distinguished Senior Fellow of the Democracy Collaborative, Marjorie Kelly, talks about her recently released book, Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises (Berrett-Kohler, September 2023)​​, which also outlines a vision for democratizing the economy so that it serves the broader public good.

Rob Johnson and Steven Herrmann, an author and Jungian analyst, discuss the concept of "spiritual democracy" as explored in Herrmann's work and the writings of American poets like Walt Whitman, Herman Melville, and Emily Dickinson and how their vision might inform a renewal of American democracy.

What happened to the American dream? Rob talks with David Smick about his new film and the inspiration for the project.

Leah Hunt-Hendrix and Astra Taylor talk to Rob about their recently released book, Solidarity: The Past, Present, and Future of a World-Changing Idea. The wide-ranging conversation covers the importance of solidarity in addressing the current crises of economic inequality, climate change, and democracy, emphasizing the need for collective action and social movements to bring about change, as well as the role of education and the arts in fostering a sense of community and shared identity.

Rohinton Medhora (INET's Board Chair, member of our Commission on Global Economic Transformation, and Distinguished Fellow at CIGI) discusses global social healing, India and the G20 with INET President Rob Johnson.

If we're going to address environmental catastrophe, we need to support each other on a global scale. Rob Johnson checks in with Adair Turner about his work, and practical solutions to address the climate crisis.

Economics Nobel laureate Sir Angus Deaton discusses his latest book, Economics in America, which takes an autobiographical approach to how the field of economics addresses the most pressing issues of our time—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system.

Mike Spence talks with Rob Johnson about his upcoming co-authored book "Permacrisis", India and the G20, and bringing the world together to address our shared challenges. Book: "Permacrisis: A Plan to Fix a Fractured World" https://www.simonandschuster.co.uk/bo... Do you feel like we’re in a permacrisis? Chances are you feel some anxiety about the state of the world. Gordon Brown, Mohamed A. El-Erian, and Michael Spence certainly did. Three of the most internationally respected and experienced thinkers of our time, these friends found their pandemic Zooms increasingly focused on a cascade of crises: sputtering growth, surging inflation, poor policy responses, an escalating climate emergency, worsening inequality, increasing nationalism, and a decline in global co-operation.

Former Fed vice chair and Princeton University economics professor Alan Blinder takes a close look at what lessons still remain to be learned in the aftermath of the Great Financial Crisis.

On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.   Over the next few days, one financial behemoth after another, including American International Group (AIG), Washington Mutual, and Wachovia collapsed. The crown jewels of Wall Street – Morgan Stanley and Goldman Sachs – slid toward the abyss. The Federal Reserve, the Treasury, and other regulators were forced to step in, sometimes in conjunction with famous private investors, to rescue the system. The government in effect nationalized AIG and, after two cliffhanging votes in Congress, it directly injected capital into leading private banks.  Ever since then, debates have raged about why the authorities – the Fed and the Treasury -- allowed Lehman to go broke, after earlier helping to salvage a series of other institutions.  In this Podcast, INET President Robert Johnson and INET Research Director Thomas Ferguson review those dramatic events. They also draw disquieting parallels between the Lehman debacle and more recent episodes of financial deregulation, including recent controversies over crypto and private equity.

In a world that increasingly promotes distraction and isolation, the ability to pay attention to each other has become ever more important. Philosopher Christian Madsbjerg talks to Rob about his new book, Look, which outlines how we can recapture our ability to pay attention.

Steven Herrmann, Jungian psychoanalyst and author of the books, William James and C. G. Jung and of William Everson: The Shaman’s Call, among others, engages in a wide-ranging conversation about finding one's calling, the poet William Everson, and the importance of dreams. Referenced during the podcast: Robinson Jeffers on Moral Beauty, the Interconnectedness of the Universe, and the Key to Peace of Mind by Maria Popova

Simon Johnson, the co-author of the just-released book Power and Progress (co-authored with Daron Acemoglu), discusses the book, what new technologies hold in store for us, and how societies might better manage and govern them.

Brendan Ballou, talks to Rob about his forthcoming book, Plunder, about the growing harmful role of private equity in the US. Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department's Antitrust Division.

Historians Naomi Oreskes (Harvard University) and Erik Conway (Caltech) talk to Rob about their just-released book, The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market.

Jim Chanos, the president and founder of Kynikos Associates and well-known investment manager talks to Rob about the post-pandemic financial system, which has become more steeped in a casino culture than it has been in a very long time, and whether China's financial situation serves as an example or as a warning.

Oxfam's Economic Justice Director, Nabil Ahmed, and Oxfam International's Inequality Policy & Advocacy Lead, Max Lawson, discuss their latest Global Inequality Report, which highlights the accelerating pace at which the world's billionaires have increased their wealth exponentially in recent years. They also discuss the ways in which governments can reverse this trend through taxation.

Financial Times columnist Martin Wolf discusses his just-released book, The Crisis of Democratic Capitalism, which explores the reasons why Liberal democracy is threatened by authoritarianism and what needs to be done to resurrect democratic capitalism. Link to the book

Alex Thaler, the CEO of the software platform Iconik, and Iconik advisor Adam Cummings discuss how the platform helps shareholders create personalized voting profiles for shareholder meetings, allowing them to increase their influence over companies and give management a clearer awareness of investor goals without abrupt and embarrassing conflict.   Iconik website: https://www.iconikapp.com/

Boston University economic professor Perry Mehrling discusses his recently released INET book, in collaboration with Cambridge University Press, "Money and Empire," which chronicles the life of Charles P. Kindleberger and how he helped shape the emerging global dollar system. INET Book page: Money and Empire

A Bank for International Settlements study says 60+ trillion dollars of off-the-books currency swaps could be a profound, systematic risk. Rob Johnson joins Paul Jay on theAnalysis.news.

Yale Law School Fellow Stephen Roach, discusses his just-released book, Accidental Conflict. Roach explores how much of the adversarial nationalist rhetoric in both China and the USA is dangerously misguided and more a reflection of each nation’s fears and vulnerabilities than a credible assessment of the risks they face.

University of Bonn and Sciences Po economics professor Moritz Schularick talks to Rob about the soon-to-be-released book, Leveraged, which he edited based on papers from an INET-sponsored conference. The book takes a close look at what we have learned about the costs and causes of financial fragility since 2008.

Financial Times columnist and author Rana Foroohar talks about her new book Homecoming: The Path to Prosperity in a Post-Global World

We are in the midst of another global transformation, but this time we might have the tools to get it right.

Frank McCourt discusses his work to reinspire hope in the American experiment, and to build the framework necessary for that better tomorrow.

Corporate responsibility needs to evolve if businesses are going to rebuild trust and provide real value for society.

World-renowned economist and inequality researcher Thomas Piketty in conversation with Rob Johnson, about Piketty’s just-released book, A Brief History of Equality.

Cambridge University's American History professor Gary Gerstle discusses his most recent book, about how the neoliberal order came about, why it is faltering, and the indeterminacy of what comes next.

Columbia University's renowned economist Jeffrey Sachs talks about the lessons he has learned from consulting with governments around the world, about how global problems, such as the war in Ukraine, will only be solved via efforts to understand the other side, never through force.

Luohan Academy's Director Chen Long discusses the academy's latest report, on the benefits of creating a "digital circular economy," which would go a long way towards reaching net zero carbon emissions and addressing the climate crisis. Report link: https://www.luohanacademy.com/insights/bc89734b94adf00c

MIT economic historian Peter Temin discusses his new INET-CUP book, Never Together: The Economic History of a Segregated America, in which he shows how efforts to bridge the gap between races were always undermined, resulting in constant economic hardship for Black people.

Author and peace activist Norman Solomon talks about the double standards in US foreign policy that have smoothed the path for Russia's inexcusable invasion of Ukraine. The role of the military-industrial-complex in the US is one of the main reasons we lack a single standard for the use of military force and human rights, says Solomon.

The Toronto Star journalist Joanna Chiu discusses her book, China Unbound: A New World Disorder, which argues that we need to go beyond the typical over-simplifications of democratic West versus autocratic China if we hope to engage China in a way that seriously addresses issues such as human rights, climate change, and economic development.

Distinguished Fellow at the Asia Research Institute, National University of Singapore, Kishore Mahbubani, discusses his latest book, The Asian 21st Century, in which he relates US decline to the rise of plutocracy and Asia's renewed rise - after having fallen behind in the last 200 years - to its growing sense of dynamism, optimism, and diversity. This is the 200th episode of the podcast Economics and Beyond with Rob Johnson.

UNCTAD Director Richard Kozul-Wright and Kevin Gallagher, Global Development Policy professor at Boston University, discuss their book, The Case for a New Bretton Woods. Ever since the post-war economic order was dismantled beginning in the 1980s, a re-design of the global economic order has become increasingly urgent in light of the social and ecological crises that we face.

Peter Barnes, the entrepreneur and author of the recently published book, Ours: The Case for Universal Property, talks about how new conceptions of property - a universal commons - could fundamentally transform capitalism to make it more ecologically and socially sustainable.

Economics Nobel Laureate Michael Spence discusses the profound changes that are rippling through the global economy as we emerge from the COVID recession, where economic growth will have to rely more on productivity gains instead of the incorporation of excess labor capacity and what this would mean for countries around the world. Luohan Academy event referenced in the episode: Opportunities and Challenges for an Aging Society | Frontier Dialogue #9

The tradition of abandoning our elderly populations needs to end. Sarita Mohanty talks with Rob Johnson about her work at the SCAN Foundation, and the critical importance of combating "ageism" to strengthening our society. Learn more: https://www.thescanfoundation.org/

Anand Giridharadas, writer and author of the book, Winners Take All, discusses the multiple crises we are currently facing, how they could provide an impetus for real change, and how US and global elites are failing to live up to the challenge.

Patrick Lawrence, writer and executive editor of The Scrum, analyzes the roots of US foreign policy failures, how these are reflected in the current confrontation with Russia, which can be found the US establishment's weddedness to power and to an unwillingness to see the other's perspective.

Max Lawson, head of Oxfam International's Inequality Policy program, discusses Oxfam's latest inequality report, "Inequality Kills," which highlights the extreme growth in wealth of the billionaire class during the pandemic and how this has had a direct effect on the health and survival of the world's bottom 50%.

Ajay Chhibber, Distinguished Visiting Scholar at the Institute of International Economic Policy, George Washington University, and India's first Director General of Independent Evaluation with the status of Minister of State in 2013-14, discusses his co-authored book, Unshackling India, about what needs to happen for India's economy to take off.

Former health insurance executive turned whistleblower and investigative journalist Wendell Potter discusses the many ways in which the private health insurance system of the US is not serving anyone well except the insurance companies' owners

Rob Johnson interviewed Columbia University historian Adam Tooze in early 2020 about his work on financial history and how it relates to the Green New Deal.