Episodios

  • Marco Grasso, "From Big Oil to Big Green: Holding the Oil Industry to Account for the Climate Crisis" (MIT Press, 2022)
    Jun 8 2022
    In From Big Oil to Big Green: Holding the Oil Industry to Account for the Climate Crisis (MIT Press, 2022), Marco Grasso examines the responsibility of the oil and gas industry for the climate crisis and develops a moral framework that lays out its duties of reparation and decarbonization to allay the harm it has done. By framing climate change as a moral issue and outlining the industry's obligation to tackle it, Grasso shows that Big Oil is a central, yet overlooked, agent of climate ethics and policy. Grasso argues that by indiscriminately flooding the global economy with fossil fuels—while convincing the public that halting climate change is a matter of consumer choice, that fossil fuels are synonymous with energy, and that a decarbonized world would take civilization back to the Stone Age—Big Oil is morally responsible for the climate crisis. He explains that it has managed to avoid being held financially accountable for past harm and that its duty of reparation has never been theoretically developed or justified. With this book, he fills those gaps. After making the moral case for climate reparations and their implementation, Grasso develops Big Oil's duty of decarbonization, which entails its transformation into Big Green by phasing out carbon emissions from its processes and, especially, its products. Galina Limorenko is a doctoral candidate in Neuroscience with a focus on biochemistry and molecular biology of neurodegenerative diseases at EPFL in Switzerland. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • Gernot Wagner, "Geoengineering: The Gamble" (Polity, 2021)
    Jun 7 2022
    Stabilizing the world's climates means cutting carbon dioxide pollution. There's no way around it. But what if that's not enough? What if it's too difficult to accomplish in the time allotted or, worse, what if it's so late in the game that even cutting carbon emissions to zero, tomorrow, wouldn't do? Enter solar geoengineering. The principle is simple: attempt to cool Earth by reflecting more sunlight back into space. The primary mechanism, shooting particles into the upper atmosphere, implies more pollution, not less. If that doesn't sound scary, it should. There are lots of risks, unknowns, and unknowables. In Geoengineering: The Gamble (Polity, 2021), climate economist Gernot Wagner provides a balanced take on the possible benefits and all-too-real risks, especially the so-called "moral hazard" that researching or even just discussing (solar) geoengineering would undermine the push to cut carbon emissions in the first place. Despite those risks, he argues, solar geoengineering may only be a matter of time. Not if, but when. As the founding executive director of Harvard's Solar Geoengineering Research Program, Wagner explores scenarios of a geoengineered future, offering an inside-view of the research already under way and the actions the world must take to guide it in a productive direction. Galina Limorenko is a doctoral candidate in Neuroscience with a focus on biochemistry and molecular biology of neurodegenerative diseases at EPFL in Switzerland. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • Robin Goldstein and Daniel Sumner, "Can Legal Weed Win?: The Blunt Realities of Cannabis Economics" (U California Press, 2022)
    Jun 7 2022
    Cannabis "legalization" hasn't lived up to the hype. Across North America, investors are reeling, tax collections are below projections, and people are pointing fingers. On the business side, companies have shut down, farms have failed, workers have lost their jobs, and consumers face high prices. Why has legal weed failed to deliver on many of its promises? Can Legal Weed Win?: The Blunt Realities of Cannabis Economics (U California Press, 2022) takes on the euphoric claims with straight dope and a full dose of economic reality. This book delivers the unadulterated facts about the new legal segment of one of the world's oldest industries. In witty, accessible prose, economists Robin Goldstein and Daniel Sumner take readers on a whirlwind tour of the economic past, present, and future of legal and illegal weed. Drawing upon reams of data and their own experience working with California cannabis regulators since 2016, Goldstein and Sumner explain why many cannabis businesses and some aspects of legalization fail to measure up, while others occasionally get it right. Their stories stretch from before America's first medical weed dispensaries opened in 1996 through the short-term boom in legal consumption that happened during COVID-19 lockdowns. Can Legal Weed Win? is packed with unexpected insights about how cannabis markets can thrive, how regulators get the laws right or wrong, and what might happen to legal and illegal markets going forward. Robin Goldstein is an economist and author of The Wine Trials, a controversial exposé of wine snobbery that has become the world’s best-selling guide to cheap wine. Daniel Sumner is Frank H Buck, Jr. Distinguished Professor of Agriculture and Resource Economics at the University of California, Davis. Together they take readers on a tour of the economics of legal and illegal weed, showing where cannabis regulation has gone wrong and how it could do better. John Emrich has worked for decades years in corporate finance, business valuation and fund management. He has a podcast about the investment space called Kick the Dogma. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • Pierre Penet and Juan Flores Zendejas, "Sovereign Debt Diplomacies: Rethinking Sovereign Debt from Colonial Empires to Hegemony" (Oxford UP. 2021)
    May 31 2022
    Pierre Penet and Juan Flores Zendejas' book Sovereign Debt Diplomacies: Rethinking Sovereign Debt from Colonial Empires to Hegemony (Oxford UP. 2021) aims to revisit the meaning of sovereign debt in relation to colonial history and postcolonial developments. It offers three main contributions. The first contribution is historical. The volume historicizes a research field that has so far focused primarily on the post-1980 years. A focus on colonial debt from the 19th century building of colonial empires to the decolonization era in the 1960s-70s fills an important gap in recent debt historiographies. Economic historians have engaged with colonialism only reluctantly or en passant, giving credence to the idea that colonialism is not a development that deserves to be treated on its own. This has led to suboptimal developments in recent scholarship. The second contribution adds a 'law and society' dimension to studies of debt. The analytical payoff of the exercise is to capture the current developments and functional limits of debt contracting and adjudication in relation to the long-term political and sociological dynamics of sovereignty. Finally, Sovereign Debt Diplomacies imports insights from, and contributes to the body of research currently developed in the Humanities under the label 'colonial and postcolonial studies'. The emphasis on 'history from below' and focus on 'subaltern agency' usefully complement the traditional elite-perspective on financial imperialism favored by the British school of empire history. Javier Mejia is an economist teaching at Stanford University, whose work focuses on the intersection between social networks and economic history. His interests extend to topics on entrepreneurship and political economy with a geographical specialty in Latin America and the Middle East. He received a Ph.D. in Economics from Los Andes University. He has been a Postdoctoral Associate and Lecturer at New York University--Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is a regular contributor to different news outlets. Currently, he is Forbes Magazine op-ed columnist. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • Tobias F. Rötheli, "The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology" (Cambridge UP, 2020)
    Dec 28 2021
    Inflation expectations – their formation, predictive accuracy, and influence on business price-setting and household consumption – remain one of the great macroeconomic puzzles and challenges to policymakers. As inflation returns to the developed world after a decade-long abeyance, understanding them matters more than ever. In The Behavioral Economics of Inflation Expectations: Macroeconomics Meets Psychology (Cambridge University Press, 2020), Tobias Rötheli has used two (relatively) new disciplines in the study of expectations: behavioral and experimental economics. Instead of applying a top-down version of rationality - like rational expectations - he uses a bottom-up model of rationality, studying individual behavior in the laboratory and then working up from the data. With some surprising results. Tobias Rötheli has been Professor of Macroeconomics at the University of Erfurt since 2000. A graduate of the University of Bern, he has worked at the Swiss National Bank and been a visiting scholar at Harvard, Stanford and the Federal Reserve Bank of St. Louis. He is the author of five other books and a string of papers; his 2020 paper on The 8½ Equations Version of the Quantity Theory of Money mentioned in the interview can be found at: https://papers.ssrn.com/sol3/D... *The author's own book recommendations are A History of Economic Theory: Classic Contributions 1720-1980 by Jürg Niehans (JHUP, 1994) and Raymond Carver's Collected Stories (Library of America, 2009). Tim Gwynn Jones is an economic and political-risk analyst at Medley Advisors (a division of Energy Aspects). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • John Lapidus, "The Quest for a Divided Welfare State: Sweden in the Era of Privatization" (Palgrave Macmillan, 2019)
    Dec 16 2021
    Generous welfare states are losing their key characteristics, not least in Sweden, where privatisation of funding has proceeded privatisation of provision, beginning in the 1990s. Supplementary exclusionary sources of welfare in healthcare, education, and social care, have proliferated throughout European welfare states under the neoliberal agenda that has dominated debate across the developed world. Rather than full privatisation, we see semi-private solutions, in which the citizen becomes the consumer, but remains subsidised by the state in their pursuit of private welfare, via tax breaks that benefit the richest in society most, rather than those with the greatest need. At the same time, private providers have been able to free-ride on the state, for example by hiring like doctors and teachers trained on state-funded courses, whilst the divided welfare state erodes the more generous, universal system by undermining the trust in it and the willingness of people to contribute to it. Ultimately, it replaces one view of social policy as an investment, something that generates wealth and contributes to the future, with another, of social policy as a cost, that takes up resources rather than generates them. John Lapidus' The Quest for a Divided Welfare State: Sweden in the Era of Privatization (Palgrave Macmillan, 2019) charts the development of this process in Sweden, beginning with the privatisation of provision, such as private hospitals and tutoring, and how it lays the groundwork for private funding, which puts pressure on existing generous and universal welfare systems sustained by the public sector. In our discussion, we identify the methods through which neoliberal advocates promote privatisation, and how ongoing privatisation becomes self-reinforcing to nullify opponents, win over ambivalent actors, and dominate the debate in the political sphere. We end on an optimistic note, looking at the education sector and discussing what we can learn from debates in this area to promote and restore equality throughout the welfare state. John is currently a Research Fellow at the School of Business, Economics and Law within the University of Gothenberg in Sweden, where he earnt his PhD in 2015. Prior to John’s academic career, he spent several years as a journalist, and also spent time working in Nicaragua for the Swedish-Nicaragua Friendship Association, an international NGO that helps communities build self-help organisations and tackle poverty. Leo Nasskau is an expert on the future of work and interviews authors writing about public policy and political economy — particularly how capitalism can be reformed to deliver sustainable prosperity for all. To join the discussion about this book, visit leonasskau.co.uk, and to give Leo anonymous feedback, go to bit.ly/Feedback-Leo. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • David Avrin, "Why Customers Leave (And How to Win Them Back)" (Career Press, 2019)
    Dec 2 2021
    Today I talked to David Avrin about his new book Why Customers Leave (And How to Win Them Back) (Career Press, 2019). There are three central themes to this book: immediacy (customers want instant gratification), individuality (offer flexible, customized assistance) and humanity (show interest and concern for those you are assisting). Of them, as David Avrin notes in this pleasing, semi-rant of an interview, immediacy should be the easiest for companies to act on. Unfortunately, automation is paradoxically making immediacy often harder to achieve. Other ironies worth noting from Avrin’s perspective include: companies trying to head off negative off-line reviews with surveys that don’t bring about change; and front-line employees who can figure out quicker than their managers what could and should be improved on. If upgrades don’t happen, what’s the solution? Run an exercise where employees are encouraged to formulate plans on how a competitor could undercut the company they currently work for by making the changes they detect would be beneficial. That move—or threat--would get management’s attention if nothing else will! David Avrin is a highly popular speaker and consultant on the topics of the customer experience as well as on marketing. He’s a former CEO group leader and speaker for Vistage International. This is his third book, following It’s Not Who You Know, It’s Who Knows You and Visibility Marketing. Dan Hill, PhD, is the author of nine books and leads Sensory Logic, Inc. (https://www.sensorylogic.com). His new book is Blah, Blah, Blah: A Snarky Guide to Office Politics. To check out his related “Dan Hill’s EQ Spotlight” blog, visit https://emotionswizard.com. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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  • Marco Dondi, "Outgrowing Capitalism: Rethinking Money to Reshape Society and Pursue Purpose" (Fast Company Press, 2021)
    Oct 18 2021
    It's time to rethink how we create and allocate money In Outgrowing Capitalism: Rethinking Money to Reshape Society and Pursue Purpose (Fast Company Press, 2021), Marco Dondi sheds light on the fact that most people do not have the economic security to focus on purpose and life fulfillment. He proposes that this is not the way things have to be; there is an alternative.  In a quest to change our economic system to cater for everyone, he identifies deep issues in how money is created and allocated and connects these to capitalism. He shows that the assumptions and circumstances that made capitalism a success are no longer true today and then describes a new socio-economic model, Monetism.  Dondi's solution is to provide a pragmatic roadmap to institutionalize Monetism and solve societal issues that seemed as permanent as time. Kirk Meighoo is Public Relations Officer for the United National Congress, the Official Opposition in Trinidad and Tobago. His career has spanned media, academia, and politics for three decades. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
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