Ones and Tooze

Dive into the world of heterodox economists, starting with Michał Kalecki, who saw capitalism as a major issue rather than a solution. Explore how his Polish roots and intellectual influences shaped his critical theories on labor and economic development. Discover the fascinating clash between Kalecki’s Marxist views and Keynesian thought, focusing on aggregate demand and social division. Also, catch a poignant message from Adam post-surgery, adding a personal touch to the insightful discussions.

Adam's upcoming heart surgery due to an aortic aneurysm takes center stage. The hosts discuss advancements in surgical techniques and the stark realities of the U.S. healthcare system. Humor mixes with gravity as they navigate personal reflections and systemic inefficiencies. The paradox of high costs and outcomes in elective surgeries is examined, alongside global disparities in heart disease treatment. Community support shines as a vital element, with exciting future content on heterodox economics teased.

Discover why turkey prices drop before Thanksgiving and the impact of avian flu on supply. Delve into the transformation of Black Friday from a holiday tradition to a retail phenomenon. Reflect on the historical narratives of Thanksgiving and its commercialization. Experience heartfelt moments of gratitude, personal connections, and the complexities of sports fandom, particularly with the New York Jets. This festive discussion intertwines cultural insights with personal reflections and a strong sense of community.

Explore the fallout from the collapse of Germany's ruling coalition as job cuts at Volkswagen signal deeper economic woes. Discover the rise of far-right politics amid significant political shifts and the future of potential leaders like Friedrich Merz. Unpack the complexities of German identity in crisis and the influence of Christian democracy on Europe's political landscape. Delve into critical failures in energy and defense policies that underscore the country's challenge in navigating current geopolitical tensions.

A surprising shift has seen low-income voters increasingly support Trump, raising questions about class dynamics in American politics. The discussion dives into why working-class individuals back candidates whose policies favor the wealthy. A nuanced look at Trumpist economics reveals the complexities of protectionist policies and their impact on consumers. The implications of tariffs on trade and inflation, along with essential worker rights and the treatment of detainees, further illustrate the intricate landscape of economic and political alliances.

The discussion dives into the potential implications of Donald Trump's return, especially on U.S. policy worldwide. Economic factors, particularly inflation, are a major focus, alongside Europe's military challenges. The conversation also tackles the future of Ukraine amidst shifting political landscapes, emphasizing resilience and past miscalculations. Furthermore, the impact on global climate strategies under a new Trump administration is scrutinized. Lastly, insights into Chinese perspectives on American politics reveal significant international concerns.

The podcast dives into the stark contrasts between the economic platforms of Harris and Trump, questioning how the election might reshape the U.S. economy. It examines recent job growth and the Democratic Party's shift towards labor-focused policies. The potential impacts of a Trump presidency, including tax cuts and rising income inequality, are discussed. The episode also touches on North Korea's significant military involvement in Ukraine, exploring the implications of this new front on global politics and the U.S. economy.

Over a million asylum seekers flooded Europe, sparking a political shift towards far-right immigration policies. The discussion dives into the ethical dilemmas faced by migrants as governments tighten their borders. It also critiques the World Bank's approach to addressing extreme poverty and public debt in developing countries. Additionally, they explore fiscal policies in the U.S. and France, examining how demographic changes influence migration attitudes. The conversation highlights the urgent need for more effective financial strategies.

China is rolling out a massive 7.5 trillion yuan stimulus to revive its economy, provoking discussions on its potential effectiveness and comparisons with past U.S. measures. The recent Nobel Prize in Economics shines a light on how institutions impact wealth and growth, particularly in contrasting histories of colonization. Listeners also hear about the personal value of confronting fears through therapy, alongside insights into creating compelling economic models that blend data with narrative. It's a thought-provoking mix of economics and personal growth!

Dive into the complexities of Donald Trump's financial empire, from his roots in real estate to his ventures in cryptocurrency and social media. Discuss the implications of his economic policies, like high tariffs and a weaker dollar, on his potential re-election. Explore the intriguing rise of the pumpkin spice industry, its multi-billion-dollar worth, and the cultural significance it holds during autumn. The podcast also touches on the intertwining of political ambitions and financial interests, revealing the quirky economics behind seasonal favorites.