policy
The reason why America has so much homelessness is simple: our big cities have extraordinary high housing costs, and a growing number of city dwellers can’t afford even the most basic accommodations. But if a lack of cheap housing is the cause of mass homelessness, then its solution is equally simple. Overwhelming evidence shows that building more homes will drive housing costs down to manageable levels, and getting unhoused people into housing — along with supportive services, as needed — will solve their homelessness.
Shermer and Blinder discuss: serving on Bill Clinton’s Council of Economic Advisers • being the Vice Chair of the Federal Reserve Board • What kind of science is economics? • how one’s political leanings influence cause-and-effect economic theories • the difference between monetary and fiscal policy • a Keynesian approach to economics • inflation, stagflation, recessions, depressions, Bull and Bear markets defined • interest rates • the Federal Reserve • the money supply • What makes money valuable without the gold standard? • COVID relief • deficit spending • boom-and-bust cycles • employment: what’s the right percentage? • income tax: what’s the right percentage? • the best investments to make in the long run • modern monetary theory, and • utility maximizing.
Michael Shermer speaks with writer, comedian, and five-time Emmy winning Senior Writer for John Oliver’s Last Week Tonight, Jeff Maurer, about the nature of creativity, comedy, politics, culture, and how the television business really works!
Michael Shermer speaks with writer, comedian, and five-time Emmy winning Senior Writer for John Oliver’s Last Week Tonight, Jeff Maurer, about the nature of creativity, comedy, politics, culture, and how the television business really works!
