EP. 772: UNDERSTANDABLE ECONOMICS ft. HOWARD YARUSS

Get Howard's book here: https://a.co/d/dKN61sC   Tariffs are threatening, AI is replacing jobs, inflation is on the rise, and the word “recession” is being bandied about. The economy is on everyone’s mind these days—because we’re living it! But few people feel like they understand economics well enough to determine which policies would work best and champion those policies effectively.   Howard Yaruss can break down our economic system in a straightforward, nonpartisan way, avoiding jargon as he answers such questions as:   · Who pays for tariffs and how do they affect prices, jobs, and our economy? · Are the government’s huge deficits and escalating national debt threats to our well-being? · What causes inflation, how big a problem is it, and how can we rein it in? · Could alternative currencies like Bitcoin replace the dollar? · What does the Fed do and how does it affect our lives? · Why is inequality soaring and what can we do about it? · Do tax cuts for the wealthy create jobs or just more inequality? · Why do so many people believe free trade is good if it causes some people to lose jobs? · Are we headed for a recession and, if so, what can be done to get the economy back on track?   HOWARD YARUSS is an economist, professor, attorney, businessman, and activist who has taught a variety of courses on economics and business and currently teaches at New York University. Prior to teaching, he served as Executive Vice President and General Counsel of Radian Group, one of the largest guarantors of debt in the world. Yaruss graduated from Brown University, studied at the London School of Economics, and earned a law degree from the University of Pennsylvania.   Check out our new bi-weekly series, "The Crisis Papers" here: https://www.patreon.com/bitterlakepresents/shop   Thank you guys again for taking the time to check this out. We appreciate each and everyone of you. If you have the means, and you feel so inclined, BECOME A PATRON! We're creating patron only programing, you'll get bonus content from many of the episodes, and you get MERCH!   Become a patron now https://www.patreon.com/join/BitterLakePresents?   Please also like, subscribe, and follow us on these platforms as well, (specially YouTube!)   THANKS Y'ALL   YouTube: https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg Facebook: https://www.facebook.com/Thisisrevolutionpodcast/ Twitter: @TIRShowOakland Instagram: @thisisrevolutionoakland   Read Jason Myles in Sublation Magazine https://www.sublationmag.com/writers/jason-myles   Read Jason Myles in Damage Magazine https://damagemag.com/2023/11/07/the-man-who-sold-the-world/   Read Jason in Unaligned here: https://substack.com/home/post/p-161586946...   Read, "We're All Sellouts Now" here: https://benburgis.substack.com/.../all-we-ever-wanted-was...