1Dime Radio The Economy is Rigged & Economics is Wrong (Ft. Unlearning Economics)
Jun 4, 2025
This week features Dr. Cahal Moran, an economist and the creator of the YouTube channel Unlearning Economics. He delves into the contradictions of modern capitalism, addressing whether it has enriched or impoverished society. Moran critiques mainstream economic education and highlights the significance of alternative models, such as Modern Monetary Theory. He also discusses the economic trajectories of countries like China and South Korea, while suggesting innovative policies like land value tax. His insights challenge traditional perspectives and advocate for a more equitable economic future.
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Undercover Boss Reveals CEO Disconnect
- The reality TV show "Undercover Boss" reveals CEOs often lack basic knowledge of their companies.
- This highlights how lack of worker democracy and accountability harms organizational efficiency.
Frustration Sparks Unlearning Economics
- Cahal Moran found mainstream economics education outdated and inadequately empirical.
- His frustration led him to create "Unlearning Economics" to critically analyze economic theory.
Economic Knowledge Lacking on LeftTube
- Leftist YouTube excels on cultural issues but lacks rigorous economic critique.
- Economics holds tools to support progressive aims if fully embraced by the left.
