Funny Money

Funny Money is a show about the economy, how it works, and how it can work better. In Part 1 of this 3-part episode, Ka and Andrés are joined by Prof. Rohan Grey to discuss the intersection of money & law including the history of money, and why every major economy on earth has moved away from the gold standard. Guest Bio: Rohan Grey is an assistant professor at Willamette University College of Law, where his research focuses on the legal design and regulation of money and finance, including digital fiat currency, as well as broader issues of law and political economy. He is the president of the Modern Money Network, a director of Public Money Action. Rohan has advised multiple members of The Squad in Congress on bills including Rep. Rashida Tlaib’s ABC and STABLE Acts, as well as Rep. Ayanna Pressley’s Public Banking Act of 2020.  You may have seen Rohan on Jon Stewart’s show The Problem with Funny Money’s first guest Stephanie Kelton. Follow & Subscribe everywhereHosts: Jessica "Ka" Burbank & Andrés BernalProducer: Mike LewisSound Mixed By: Curtis Clogston#FunnyMoney #MMT #Money #Economics #Politics #News #Law

Professor Stephanie Kelton joins Funny Money hosts Ka and Andrés to discuss Modern Monetary Theory (MMT) and its implications on government spending, debt ceiling, social security, and inflation. They explore the concept of MMT and its accurate description of the monetary system, discuss the debt ceiling crisis and its manipulation as a political tool, and highlight the influence of power and lobbyists on economic decision-making.

The podcast delves into the differences between orthodox and heterodox economics, highlighting the importance of challenging traditional economic teachings. It discusses the lack of diversity in mainstream economics and the need for varied perspectives. The hosts explore the contrast between business-centered and societal well-being approaches in economics. They also challenge popular myths about money, advocating for a Green New Deal and inclusive employment opportunities. The episode emphasizes the significance of compassion and curiosity for creating positive change.