#116: Economics, Capitalism, Demonetization & Foreign Aid ft. Jayati Ghosh

Jayati Ghosh, professor of economics at University of Massachusetts Amherst, talks about the purpose of economics, problems with capitalism, problems with foreign aid, IMF & USAID, demonetization in India in 2016, Narendra Modi and feminist economics!Jayati: https://www.umass.edu/economics/about/directory/jayati-ghoshSUPPORT:Patreon: https://www.patreon.com/knowtimeAnchor: https://anchor.fm/knowtime/supportYoutube Membership: https://www.youtube.com/channel/UCJ-937lA3_s2g5AxdpKQjVg/joinPODCAST:Anchor: https://anchor.fm/knowtimeSpotify: https://open.spotify.com/show/2CjRJPktODLDeHavCNDLGAApple Podcasts: https://podcasts.apple.com/us/podcast/know-time/id1535371851?uo=4CONNECT:Youtube: Subscribe!Instagram: https://www.instagram.com/knowtimetofly/Instagram (Personal): https://www.instagram.com/shalajlawania/Twitter: https://twitter.com/knowtimetoflyTwitter (Personal): https://twitter.com/shalajlawaniaFacebook: https://www.facebook.com/knowtimetoflyReddit: https://www.reddit.com/r/knowtimetofly/Blog: http://www.sadisticshalpy.com/Producer & Host: Shalaj LawaniaTIMELINE0:00 Introduction1:19 Why Is Economics Important?5:07 Jayati’s Economic Stance7:43 Problems With Capitalism11:04 Taxing The Rich16:37 Aid, IMF & USAID24:59 What Causes A Debt Crisis In A County?38:11 Indian Demonetization of 201648:18 Power51:09 Narendra Modi55:29 Feminist Economics1:04:33 Inspirations, Legacy & Meaning of Life#economics #economy #capitalism