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Back to Basics Series: Is Economics Moral? (with Heather McGhee)
For decades, orthodox economics has treated morality as irrelevant—as if economic decisions happen in a vacuum, separate from our values and social bonds. But that approach has failed spectacularly, giving cover to policies that divide and exploit us.
In this episode, Heather McGhee joins Nick and Paul to argue that morality must be central to how we think about the economy. They explore how racial division has been weaponized to undermine collective action, why “structural racism” can’t be addressed without naming the powerful actors behind it, and how inclusive economic policies lead to…
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