Bedrosian Book Club Podcast: “Radical Markets”

In Radical Markets, Eric A. Posner and E. Glen Weyl envision new rules for markets in order to limit the tyranny of monopolies and majority rule with five revolutionary ideas to cure what they see as the most important issue of our time: inequality.

What are some of these “radical” ideas, and does our panel think they are the revolutionary ideas we need?

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Our American Discourse, Ep. 32: Who Has the Ear of Your Legislators and Why They Can’t Seem to Get Anything Done

We’re six months away from one of the most consequential midterm elections in modern history, and Americans are fed up with Congress. Politicians have gotten a bad rap throughout history, but today’s legislators are setting record lows in approval ratings and public trust. What gives? Why do they disappoint us so often? Are they really ignoring our needs and demands, or are we misunderstanding the challenges they face?

In this episode, Sarah Anderson shows that it’s a little of both: politicians don’t listen to all constituents equally, but they also can’t just snap their fingers and fulfill our wishes.

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Our American Discourse, Ep. 31: Millennials Knocking on the Door of the American Dream

At long last, Millennials have begun buying homes. Will they ever catch up to previous generations? Or will the market continue to hold them back with high rents, lingering student debt, and opposing pressure from Baby Boomers? Believe it or not, these forces are neither inevitable nor insurmountable. There is a third way, a bridge between the generations, a new social contract that’s mutually beneficial for all…if we choose to see with enlightened eyes.

In this episode, Dowell Myers questions the fate of a generation grasping at the mantle of opportunity and projects the possible future scenarios they are rapidly approaching.

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Our American Discourse, Ep. 30: How Do the Rich Spend Their Money and Why Has It Changed?

It used to be that big mansions and fancy jewelry were the consummate signs of wealth, but new research shows that people are increasingly spending their wealth on less “conspicuous” forms of consumption. In today’s world, it pays more to signal your status with things like health care and education and nutrition. How did this change come about? And what does effect does it have on the rest of the population who can’t afford these new status symbols?

In this episode, Elizabeth Currid-Halkett helps us walk a mile in the shoes of today’s “aspirational class” and see how they’re spending their wealth…and how it accelerates the rat race for the rest of society.

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