Nachfrage - Der Interview-Podcast von Andreas Sator

James Heckman, a Nobel Prize-winning economist from the University of Chicago, delves into the critical need for investing in early childhood education to combat inequality. He discusses how interventions for lower-educated families can enhance social mobility and child development. Heckman highlights the importance of family dynamics, particularly in single-parent households, and contrasts early education systems in Denmark and the U.S. Moreover, he underscores the significance of child care quality and the necessity of supportive policies to ensure that every child has equal opportunities to thrive.

In this engaging conversation, Nobel Prize-winning economist Paul Krugman explores the baffling success of populists like Trump, claiming that economics can't fully explain their rise. He critiques globalization, questioning if it has gone too far, and delves into the complexities of trade agreements like TTIP and TPP in the face of shifting U.S. leadership. Additionally, he investigates the motivations behind Trump's supporters, emphasizing feelings of alienation among white Americans, and discusses Europe’s growing nationalism and the urgent need for economic reforms.

In this discussion, Martin Feldstein, a Harvard Economics Professor and former chief economic advisor to Ronald Reagan, shares his insights on Trump’s economic agenda. He critiques the effectiveness of tax cuts and infrastructure plans in reviving jobs, emphasizing the challenges posed by automation. Feldstein compares Trump’s policies with Reagan's, delving into corporate tax competition and labor market dynamics. He also addresses public discontent towards political elites and the impact of decision-making on trade policies. A thought-provoking take on America's economic future!