The Daily Show: Ears Edition

TDS Time Machine | Money Talk - Conversations with Economists

6 snips
Jul 14, 2025
Join Jon Stewart as he chats with Oren Cass, chief economist at American Compass, who explores the conservative shift towards recognizing the limits of markets and emphasizes the importance of livable wages. Stephanie Kelton, a leading voice in Modern Monetary Theory, challenges traditional views on government deficits, asserting they can boost prosperity. Christine Lagarde delves into the global economy, discussing inflation dynamics and the impact of the pandemic and geopolitical conflicts. They tackle the role of AI in shaping economic understanding and labor market dynamics.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Conservative Shift on Market Faith

  • Conservatism shifted from trusting markets unconditionally to actively caring about jobs and national resilience.
  • Markets alone didn't provide good outcomes on wages or dependence on countries like China.
ANECDOTE

Romney’s Trade Policy Awakening

  • Mitt Romney's team questioned traditional free trade policy regarding China.
  • Conservative economists reacted with shock upon considering active measures against China.
INSIGHT

Reagan’s Trade Protection Example

  • Reagan was a trade protectionist who started a trade war with Japan to protect manufacturing.
  • This led to the American auto industry relocating to the South.
Get the Snipd Podcast app to discover more snips from this episode
Get the app