Are You a Hopeful Economist?

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As an economist, you find space for hope. Are you? Are you a hopeful economist? I'm in wromg this month at the vatican. Pope francis convened with world religious leaders to issue a call for climate sanity and climate justice. We need global coopera. There is a yearning for this world wide. It's reflected in the 17 sustainable development goals. The people of great wealth and impunity want something different right now. That's what we're really talking about. And i think that it's a real possibility and obviously a vital need.

The recent publication of The Pandora Papers, a trove of 12 million financial documents obtained by the International Consortium of Investigative Journalists, has once again shone a spotlight on secret offshore accounts and tax loopholes. The papers contain the financial dealings and global influence of billionaires, world leaders and politicians, plus many more. They also highlight how ineffective governments can be in preventing manipulation of tax rules for the gains of the super rich. In order to understand how this imbalance occurs and how it fits into the global financial picture, journalist Razia Iqbal spoke with Jeffrey Sachs, one of the world's most foremost economists, to pick through the paper trail.

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