Pitchfork Economics with Nick Hanauer cover image

Pitchfork Economics with Nick Hanauer

Middle Out to Mainstream

Mar 12, 2024
Exploring the evolution of middle-out economics from a new theory to mainstream practice, with insights from economists, researchers, and former officials. Discussing the impact of middle-out economics on economic growth, antitrust enforcement, public satisfaction, infrastructure investments, workers' rights, and advocating for a more equitable economic approach.
55:29

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Quick takeaways

  • Middle Out Economics prioritizes investing in the middle class for overall economic prosperity.
  • Democracy Journal advocates for public investment, worker welfare, and fair competition under middle-out economics.

Deep dives

Middle Out Economics as a Solution for Rising Inequality

Middle Out Economics proposes building the economy from the bottom up and middle out, rather than top-down approaches, as a means to address the increasing wealth gap in society. This economic theory suggests that a thriving middle class is essential for overall economic prosperity, benefiting not just middle-class individuals but the entire economy. By investing in the middle and working classes, proponents of this approach aim to create a robust middle class, shifting the economic paradigm towards public investment and worker welfare.

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