Couverture de Pitchfork Economics with Nick Hanauer

Pitchfork Economics with Nick Hanauer

Pitchfork Economics with Nick Hanauer

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We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.2018, Pitchfork Economics Economie Politique et gouvernement Sciences politiques
Épisodes
  • Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

    Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)
    Jun 30 2026
    This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that corporations exist to maximize shareholder value. For decades, Americans were sold the idea that if corporations focused on boosting stock prices and rewarding shareholders, prosperity would trickle down to workers, consumers, and communities. Instead, shareholder primacy helped justify stock buybacks, wage suppression, layoffs, and underinvestment — extracting wealth from the real economy and funneling it upward. In this episode, Nick and Goldy talk with William Lazonick and Lenore Palladino about how shareholder value became one of the core myths of trickle-down economics, why it has caused so much damage, and what it would mean to build corporations around workers, consumers, communities, and long-term prosperity instead. This episode originally aired on February 19, 2019. Lenore Palladino is associate professor of economics and public policy at the University of Massachusetts Amherst, a senior fellow at the Roosevelt Institute, and author of Good Company: Economic Policy After Shareholder Primacy. William Lazonick is professor emeritus of economics at the University of Massachusetts Lowell and co-founder and president of the Academic-Industry Research Network. Social Media: @lenorepalladino.bsky.social @Lazonick Further reading: Good Company: Economic Policy After Shareholder Primacy Washington Center for Equitable Growth - To restore democracy, end shareholder primacy at U.S. corporations and on Wall Street Roosevelt Institute - Regulating Stock Buybacks: The $6.3 Trillion Question Roosevelt Institute - Ending Shareholder Primacy in Corporate Governance Website: http://pitchforkeconomics.com Facebook: Pitchfork Economics Podcast Bluesky: @pitchforkeconomics.bsky.social Instagram: @pitchforkeconomics Threads: pitchforkeconomics TikTok: @pitchfork_econ YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Twitter: @PitchforkEcon, @NickHanauer Substack: The Pitch
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    48 min
  • Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

    Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)
    Jun 23 2026
    This week, we’re kicking off our archive miniseries, Myths That Built Trickle-Down Economics, with one of the most persistent myths in American politics: that regulation kills growth. Corporate lobbyists and trickle-down evangelists have spent decades branding any rule that limits big business as a “job killer.” But what if good regulation isn’t the enemy of prosperity, but one of the things that makes prosperity possible? Former U.S. Labor Secretary Robert Reich joined Nick and Paul back in 2019 to explain why we should stop calling these rules “regulations” and start calling them what they really are: protections. Because the economy always has rules. The real question is who they’re written to protect. This episode originally aired on February 5, 2019. Robert Reich is the former U.S. Secretary of Labor, co-founder of Inequality Media, and author of Saving Capitalism. Social Media: @rbreich.bsky.social @RBReich @rbreich @rbreich Further reading: Saving Capitalism: For the Many, Not the Few Website: http://pitchforkeconomics.com Facebook: Pitchfork Economics Podcast Bluesky: @pitchforkeconomics.bsky.social Instagram: @pitchforkeconomics Threads: pitchforkeconomics TikTok: @pitchfork_econ YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Twitter: @PitchforkEcon, @NickHanauer Substack: The Pitch
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    39 min
  • AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

    AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)
    Jun 16 2026
    AI doomsdayers want us to believe mass job loss would be unprecedented. But Kathryn Anne Edwards has a sharp reminder: In the first five weeks of the pandemic, the U.S. economy shed 22.5 million jobs—larger than any single AI job-loss estimate she has seen. The difference was policy. Unemployment support, direct cash to families, and a strong public response helped workers survive the shock and helped the labor market recover. This week, Nick and Paul talk with Edwards about what the pandemic recovery can teach us about AI, automation, unemployment, and the future of work. Why do AI debates so often treat workers as passive victims and government as irrelevant? What would a serious policy response to technological disruption look like? And why should we be skeptical of billionaires and tech leaders who insist that this time, unlike every other economic transition, they are uniquely important and special? Kathryn Anne Edwards is a labor economist, independent policy consultant, Bloomberg Opinion columnist, economics influencer, and co-host of the Optimist Economy podcast. Social Media: Instagram Threads TikTok Bluesky Twitter Further reading: Optimist Economy Podcast Bloomberg Opinion - AI Can Lead to a Fix of This Broken Government Program Bloomberg Opinion - Is AI Coming for Your Job? A Bigger Government Can Help Bloomberg Opinion - AI Anxiety Won’t Be Eased by Universal Basic Income Website: http://pitchforkeconomics.com Facebook: Pitchfork Economics Podcast Bluesky: @pitchforkeconomics.bsky.social Instagram: @pitchforkeconomics Threads: pitchforkeconomics TikTok: @pitchfork_econ YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Twitter: @PitchforkEcon, @NickHanauer Substack: The Pitch
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    39 min
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