The Jim Rutt Show
EP 296 Ashley Hodgson on Economic Mythology and System Change
Apr 15, 2025
Ashley Hodgson, an economics professor at St. Olaf College and YouTuber, shares her fresh insights on economic mythology and its influence on society. She critiques conventional measures like GDP and explores the need for a paradigm shift toward real societal values. Discussion includes the impact of tech giants on privacy, the interplay of selfish and altruistic behaviors in economics, and the intricate dynamics of community morality. Hodgson advocates for new institutions to reflect our interconnected challenges while navigating the complexities of utopian ideals and conflict resolution.
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Quick takeaways
- Ashley Hodgson highlights the significance of understanding economic mythology to critically evaluate and reshape harmful economic narratives.
- The podcast critiques GDP as a flawed measure of economic health, emphasizing its tendency to prioritize corporate interests over societal well-being.
Deep dives
Introduction of Ashley Hodgson
Ashley Hodgson, an associate professor of economics at St. Olaf College, discusses various economic concepts, including blockchain and healthcare economics. She became known for her engaging videos that cover heterodox economic perspectives, leading to her appearance on the show. Hodgson emphasizes the importance of alternative economic viewpoints in understanding contemporary issues. Both her video series, 'The New Enlightenment' and 'Economics Explained,' aim to make complex economic topics accessible and understandable.
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