Season 8 - Episode 3 - James Meade

All countries seem to have economic growth as their primary economic objective and the received opinion is that the best way to do this is through international trade. Since the end of the Second World War this trade has been facilitated by trade agreements brokered first by the ad hoc assemblies to promote the General Agreement on Tariffs and Trade (GATT) and later via the auspices of the permanently instituted World Trade Organisation (WTO). The man behind the idea of an organisation to encourage trade was Nobel Prize winner James Meade, a real economists’ economist. Throughout his life, he worked on numerous areas of economics and had a personal crusade to prevent the malaise of unemployment, With even a cursory look at his thought you can see how influential he is or might be today's world in a broad range of areas e.g. in his prescient ideas about an Universal Basic Income (UBI) In this third episode of Season 8 of their award winning podcast, your friendly neighbourhood economists, Pete and Gav, dive into the world of Angus Deaton’s (a fellow Nobel Prize winner) favourite economist. Along the way, you will get a cheese recommendation, a rather coarse quiz and so many policy ideas, you won’t know what to do with them all. Technical support as always comes from our good friend Nic.