How The World Works cover image

How The World Works

Veronique De Rugy

Aug 29, 2023
Veronique De Rugy, Mercatus Center Senior Research Fellow, discusses populism and economic policies, the undervaluing of non-traditional career paths, rethinking unemployment benefits, fighting cronyism, analyzing influence, and examining government size and vaping in an engaging interview.
01:06:57

Podcast summary created with Snipd AI

Quick takeaways

  • Policy conversations are often dominated by risk-averse elites who prioritize stability and predictability over individual choice and flexibility, disregarding diverse preferences and needs.
  • Policy discussions tend to focus on prestigious universities and high-paying careers, neglecting the needs and aspirations of individuals pursuing non-traditional paths, leading to a disconnect between policy-making elites and underrepresented individuals.

Deep dives

The Dominance of Risk-Averse Elites in Policy Conversations

The podcast discusses how policy conversations are often dominated by risk-averse elites who impose their preferences on the rest of society. This is evident in debates about healthcare, paid leave, and educational choices. The elites tend to push for policies that remove individual decision-making and impose a one-size-fits-all approach, disregarding the diverse preferences and needs of different individuals. They prioritize stability and predictability over choice and flexibility, often ignoring the unintended consequences of their policies.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode