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How The US Government Stopped Caring w/ Elizabeth Popp Berman +#NEWS | MR Live - 4/11/22
Emma hosts Elizabeth Popp Berman, associate professor of organizational studies at the University of Michigan, to discuss her recent book Thinking Like An Economist: How Efficiency Replaced Equality In U.S. Public Policy. Check out Elizabeth's book here: https://press.princeton.edu/books/hardcover/9780691167381/thinking-like-an-economist #Politics
00:00:00 #MRLive
00:26:00 How Efficiency Replaced Equality In U.S. Public Policy w/ Elizabeth Popp Berman
00:58:00 FUN HALF
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Professor Elizabeth Popp Berman takes us back to the ‘60s as she works to summarize this Econ 101 mode of reasoning that centers microeconomic concepts such as incentive and efficiency, originally coming into the Defense Department from the Rand Corporation, emphasizing cost-benefit analysis and catching on quickly in the midsts of LBJ’s Great Society expansion. As this way of thinking spread throughout Washington, one of the most disastrous effects was how it hooked itself into the Democratic party, defanging any talk of larger social spending in the name of equality after Johnson, led by a technocratic ideology of the markets, and coming into full swing under Carter as the early administrations of the ‘70s proved its efficacy in bolstering political and market power public interest groups and policy bolstering technocracy and the elite hyper-marketization of our government, undermining healthcare accessibility, anti-trust regulation, and much more in favor of maximizing efficiency, Finally a look at the hyper-specificity of this mode of economic reasoning (opposed to a labor-focused or Keyensian mode of economic reasoning), and discuss what the future of the left looks like, particularly when it comes to shifting away from this constraint on policy.
And in the Fun Half: CNN's Jake Tapper posits meeting bloodshed with even more bloodshed in order to stop the bloodshed. Chris Coons apologizes for responding to Republican corruption with obstructionism, Caitlyn Jenner gives an unsurprisingly despicable take on the “Don’t Say Gay” legislation, DJT forgets who’s prosecuting him for what.
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