Economics & Beyond with Rob Johnson

Marjorie Kelly: The Other Dangerous Supremacy - Wealth Supremacy

​Author and Distinguished Senior Fellow of the Democracy Collaborative, Marjorie Kelly, talks about her recently released book, Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises (Berrett-Kohler, September 2023)​​, which also outlines a vision for democratizing the economy so that it serves the broader public good.

Steven Herrmann: America’s Shaman-Poets’ Vision for a Better Future

Rob Johnson and Steven Herrmann, an author and Jungian analyst, discuss the concept of "spiritual democracy" as explored in Herrmann's work and the writings of American poets like Walt Whitman, Herman Melville, and Emily Dickinson and how their vision might inform a renewal of American democracy.

America’s Burning

What happened to the American dream? Rob talks with David Smick about his new film and the inspiration for the project.

Leah Hunt-Hendrix and Astra Taylor - Solidarity: A World-Changing Idea

Leah Hunt-Hendrix and Astra Taylor talk to Rob about their recently released book, Solidarity: The Past, Present, and Future of a World-Changing Idea. The wide-ranging conversation covers the importance of solidarity in addressing the current crises of economic inequality, climate change, and democracy, emphasizing the need for collective action and social movements to bring about change, as well as the role of education and the arts in fostering a sense of community and shared identity.

Rohinton Medhora: One Earth, One Family, One Future

Rohinton Medhora (INET's Board Chair, member of our Commission on Global Economic Transformation, and Distinguished Fellow at CIGI) discusses global social healing, India and the G20 with INET President Rob Johnson.

Adair Turner: India’s Leadership and Global Challenges of Climate and Finance

If we're going to address environmental catastrophe, we need to support each other on a global scale. Rob Johnson checks in with Adair Turner about his work, and practical solutions to address the climate crisis.

Angus Deaton: An Immigrant Economist Explores the Land of Inequality

Economics Nobel laureate Sir Angus Deaton discusses his latest book, Economics in America, which takes an autobiographical approach to how the field of economics addresses the most pressing issues of our time—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system.

Michael Spence: A Plan to Fix a Fractured World

Mike Spence talks with Rob Johnson about his upcoming co-authored book "Permacrisis", India and the G20, and bringing the world together to address our shared challenges.

Book: "Permacrisis: A Plan to Fix a Fractured World" https://www.simonandschuster.co.uk/bo...

Do you feel like we’re in a permacrisis? Chances are you feel some anxiety about the state of the world. Gordon Brown, Mohamed A. El-Erian, and Michael Spence certainly did. Three of the most internationally respected and experienced thinkers of our time, these friends found their pandemic Zooms increasingly focused on a cascade of crises: sputtering growth, surging inflation, poor policy responses, an escalating climate emergency, worsening inequality, increasing nationalism, and a decline in global co-operation.

Alan Blinder: Looking Back and Looking Ahead: 15 Years After the Lehman Collapse

Former Fed vice chair and Princeton University economics professor Alan Blinder takes a close look at what lessons still remain to be learned in the aftermath of the Great Financial Crisis.

Thomas Ferguson: The Lehman Disaster and Why It Matters Today

On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.  

Over the next few days, one financial behemoth after another, including American International Group (AIG), Washington Mutual, and Wachovia collapsed. The crown jewels of Wall Street – Morgan Stanley and Goldman Sachs – slid toward the abyss. The Federal Reserve, the Treasury, and other regulators were forced to step in, sometimes in conjunction with famous private investors, to rescue the system. The government in effect nationalized AIG and, after two cliffhanging votes in Congress, it directly injected capital into leading private banks. 

Ever since then, debates have raged about why the authorities – the Fed and the Treasury -- allowed Lehman to go broke, after earlier helping to salvage a series of other institutions. 

In this Podcast, INET President Robert Johnson and INET Research Director Thomas Ferguson review those dramatic events. They also draw disquieting parallels between the Lehman debacle and more recent episodes of financial deregulation, including recent controversies over crypto and private equity.