Podcast appearances and mentions of robert hockett

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Best podcasts about robert hockett

Latest podcast episodes about robert hockett

Attitude with Arnie Arnesen
Episode 726: Arnie Arnesen Attitude May 23 2025

Attitude with Arnie Arnesen

Play Episode Listen Later May 23, 2025 56:15


Part 1:We talk with Joe Jaworski of Texas. He is a lawyer and former mayor of Galveston.We discuss the offshore energy industry in Texas.we also talk about Medicaid in Texas.The federal government is being disabled, just as hurricane season is starting in Texas.Part 2:We talk with Robert Hockett and Bill Curry.We discuss the effects of the "BBB" which will gut Medicaid, and how this will affect many who are struggling now.We also talk about how this big bill will affect the US and world economy. WNHNFM.ORG   productionMusic: David Rovics

Attitude with Arnie Arnesen
Episode 706: Arnie Arnesen Attitude April 25 2025

Attitude with Arnie Arnesen

Play Episode Listen Later Apr 25, 2025 57:29


Part 1:We talk with Joe Jaworski, who is a third-generation Texas trial attorney and former Mayor of Galveston, Texas. He has served as a law clerk to the United States Court of Appeals Fifth Circuit, and he has spent years in private practice as a trial attorney, mediator, and legal commentator.We discuss the state of Texas' prisons. There have been many heat deaths (41 in 2024). The Texas legislature has decided that there should be air conditioning in prisons by 2032. Effect, people who go to prison in Texas risk death, even for non-capital crimes.Texas is planning to study the deleterious effects of immigration in Texas, without looking at the benefits.The governor had decided to create a Texas version of DOGE. It should be pointed out that the Republicans have dominated Texas for the past 30 years. All blame for 'waste' should therefore rest on them. There will be at least 18 full time staff members on the Texas DOGE.Ted Cruz has debuted on Texas air waves as a talk show host, as a sitting Senator.Part 2:We talk with Robert Hockett who is an American lawyer,law professor, and policy advocate he teaches legal, financial and some philosophical subjects at Cornell University in New York, where I am the Edward Cornell Professor of Law and a Professor of Public Policy. He is also Senior Counsel at Westwood Capital, a socially responsible investment bank in midtown Manhattan, and a Fellow of The Century Foundation, a think tank near Battery Park in lower Manhattan. Robert's principal research, writing, and practical concerns are with the legal and institutional prerequisites to a just, prosperous, and sustainable economic order, and with Bill Curry who was a Connecticut state senator, comptroller and two time Democratic nominee for governor who served as Counselor to the President in the Clinton White House. He has written for Salon, the Daily Beast, the Huffington Post and the Hartford Courant and has provided commentary on National Public Radio, MSNBC and many other news outlets.We discuss how Trump is accelerating the decline of the US. We are watching the end of the open society. Music: David RovicsWNHNFM.ORG   PRODUCTION

Background Briefing with Ian Masters
April 9, 2025 - Robert Hockett | Matt Gold | Gregory Brew

Background Briefing with Ian Masters

Play Episode Listen Later Apr 9, 2025 63:05


Trump's Amateurism on Display or is He Shorting the Market for His Family and Cronies? | An Assessment of the Amount of Damage Ahead From Trump's Trade War | Today's Drop in Oil To $56 From $72 a Barrel Last Week and What Kind of a Deal Could Emerge Between the US and Iran on Saturday? backgroundbriefing.org/donate twitter.com/ianmastersmedia bsky.app/profile/ianmastersmedia.bsky.social facebook.com/ianmastersmedia

Attitude with Arnie Arnesen
Episode 686: Arnie Arnesen Attitude March 28 2025

Attitude with Arnie Arnesen

Play Episode Listen Later Mar 28, 2025 54:29


Featured speakers/guests:Part 1:We talk with Joe Jaworski, host of "The Midterms", and former mayor of Galveston, Tx.We discuss the censorship of speech and thought in Texas. We also discuss the makeup of the Texas legislature, and the likely issues that they will take up. One of them is the school voucher program, which the governor has pushed. We discuss the 'voucher profiteers' now in Texas.Part 2:We talk with Bill Curry and Robert Hockett. Curry is a former legislator in Connecticut, white house aide, and two-time candidate for Governor in Connecticut. Robert Hockett is a professor.We discuss the recent spate of 'disappearances' caused by ICE's abduction of persons who have voiced their opposition to the Trump campaign of random deportations. Masked ICR agents have abducted various people, without warrants, and have transported them to different states and countries. This is in direct contravention to a judge's ruling that this is not legal or warranted. The administration has threatened judge impeachments and withholding funding to the court systems. Those that have been disappeared are labeled as "pre-guilty', in contradiction to the Constitution's guarantees. This assault on persons, the law, and the courts is unprecedented, and reminiscent of Nazi Germany, to many. Music: From David Rovics, “The Richest Man in the World Says So”, 2025

Attitude with Arnie Arnesen
Episode 656: Arnie Arnesen February 14 2025

Attitude with Arnie Arnesen

Play Episode Listen Later Feb 14, 2025 55:48


Part 1:We talk with Francesca D'Annunzio, Reporting Fellow at the Texas Observer.We discuss the appointments made by Trump to the DEA leadership. On January 21, Trump announced that Derek Maltz would head the agency. This week, he announced that it would be Terry Cole. Cole's appointment seems to be targeted at Mexico, since Cole is a Mexico hawk. We discuss the kinds of surveillance that we can expect , because of Cole's connection to PenLink, a surveillance technology company, that is able to spy on phone calls and texts without obtaining search warrants.Part 2:We talk with Bill Curry and Robert Hockett. Curry is a two-time candidate for Governor of Connecticut, a writer, and served in the Clinton White House. Hockett is a professor and author, dealing with company ownership and the role of Labor in our economy.We discuss how Democrats were unable to showcase their accomplishments for the US infrastructure. We discuss the multiplier effect of infrastructure spending by the government, and how it affects the economy as a whole. The role of media and the messages conveyed is also discussed. The Electorate seems oblivious to how choices will affect their daily lives.  WNHNFM.ORG  productionMusic: David Rovics, "Time to Act", for Will Von Sproson

Background Briefing with Ian Masters
December 21, 2024 - Robert Hockett | James Thurber | Robert Benson

Background Briefing with Ian Masters

Play Episode Listen Later Dec 22, 2024 60:54


The Emerging Threat to the US Economy Trump and Musk's Amateurism Poses | An Even More Dysfunctional Congress With Trump and Musk in Charge of Both Houses? | The Foreign Policy Damage Musk is Already Doing backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Attitude with Arnie Arnesen
Episode 582: Arnie Arnesen Attitude October 25 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Oct 25, 2024 56:34


Part 1:We talk with Michel Hardy, of the Texas Monthly.We discuss how Gov. Abbott is not in the mold of previous Texas governors, and rather, a trump creature, right wing in the extreme. Texas runs on undocumented immigrants' labor, but its Republican politicians rail against them.Part 2:We talk with Robert Hockett and Bill Curry.We discuss how billionaires have supported trump, being promised huge tax cuts. The American economy has been ceded to the billionaires, and they do not want to lose this advantage. Democrats should emphasize their agenda: democracy, climate, the plight of the middle class.  WNHNFM.ORG  productionMusic: David Rovics, "Time to Act", for Will Von Sproson

Attitude with Arnie Arnesen
Episode 562: Arnie Arnesen Attitude September 27 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Sep 27, 2024 56:05


Part 1:We speak wit Jeremy Wallace, who works for Hearst Publications in Texas.We discuss Ted Cruz, and his current campaign to keep his Senate seat.There are close to 3M new residents in Texas, mostly in urban centers. Colin Allred not have the same name recognition, but he has a lot of money.Part 2:We speak with Bill Curry and Robert Hockett about economic policy as discuss by Kamala Harris.  WNHNFM.ORG  production 

Background Briefing with Ian Masters
September 18, 2024 - Robert Hockett | Robert Baer | Juan Cole

Background Briefing with Ian Masters

Play Episode Listen Later Sep 18, 2024 59:00


How the Lowering of Interest Rates by the Fed Will Impact the Economy and the Election | Does Netanyahu Have an "October Surprise" in Store for the Harris/Walz Campaign? | Are We at the Beginning Stage of Another War in the Middle East That the US Will be Dragged Into? backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Attitude with Arnie Arnesen
Episode 532: Arnie Arnesen Attitude August 16 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Aug 16, 2024 55:55


Part 1:We talk with Mitch Perry, reporter for the Florida Phoenix.We discuss the 6-week abortion ban in Florida, and its effects.We look at polls of Trump vs Harris.20,000 people volunteered for Harris.We discussed two important constitutional amendments up for vote: legalizing cannabis, and abortion rights.Part 2:We talk with Bill Curry and Robert Hockett.We discuss the electoral mood in the country. It is much improved, and Harris has been doing well in the polling. We discuss the candidates in the context of literary characters from "Moby Dick", "Ulysses", etc.  WNHNFM.ORG  production

Attitude with Arnie Arnesen
Episode 503: Arnie Arnesen Attitude July 8 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Jul 8, 2024 58:16


Part 1:Arnie discusses the problems in this election.  We also include a speech by the Rev. Barber. Part 2:Robert Hockett and Bill Curry discuss the upcoming election, and also what the Democratic convention should include: a consideration of Biden's electability, the Democratic agenda.  WNHNFM.ORG    production

Background Briefing with Ian Masters
July 2, 2024 - Robert Hockett | Charles Kupchan | Abner Greene

Background Briefing with Ian Masters

Play Episode Listen Later Jul 2, 2024 61:32


The Supreme Court Has Handed the Criminal Trump a Loaded Gun, Might Biden Also Use it? | How the Shift to the Right in Europe Could Impact the War in Ukraine | The Other Alarming SCOTUS Decision Overshadowed by the Ruling to Give Trump a License to Kill backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Attitude with Arnie Arnesen
Episode 487: Arnie Arnesen Attitude June 14 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Jun 14, 2024 55:53


art 1:We talk with Mike Doyle, Chair of the Harris County Democrats. We discuss the campaign strategy that they are using: Listening to the voters.We discuss the 5th circuit judge, Kaszcmerick, who has been the 'shopped' judge for right-wing plaintiffs. We review the $6 billion dollars that have been spent by Gov. Abbott in Texas on "border operations", most of it among his friends.Part 2:We talk with Robert Hockett and Bill Curry.We discuss the economic measures that are being studied, and how these measures translate to voters. Macro measures do not have the same immediacy for voters as micro measures. There is a 'disposable income desert' among many voters, and people are using debt to get by. Unfortunately, there is a common economic stress in Europe, though the US is better off. We need economic democracy.  WNHNFM.ORG   production

Attitude with Arnie Arnesen
Episode 444: Arnie Arnesen Attitude April 12 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Apr 13, 2024 56:08


Part 1:We talk with Harvey Kronberg, Publisher of the Quorum Report in Texas.We discuss Project 2025, and how it has begun to be implemented in Texas. There is a "MAGA inflammation" in Texas. The governor, currying favor with Trump, has primaried Republicans in order to replace them with more extreme representatives in the State House. There is a civil war among Republicans in Texas now, as a result.Part 2:We talk wtih Bill Curry and Robert Hockett.We discuss the recent Arizona ruling that re-instituted and old abortion ban. We also discuss the focus on the border emphasized by Republicans.  WNHNFM.ORG    production 

Background Briefing with Ian Masters
April 7, 2024 - Nader Hashemi | Jeff Colgan | Robert Hockett

Background Briefing with Ian Masters

Play Episode Listen Later Apr 7, 2024 59:46


Iran's vow to Retaliate Against an Israeli Strike Could Lead to a Wider War Biden is Trying to Avoid | With MbS and Trump Talking, What Could They Do to Jack Up Gas Prices to Hurt Biden's Reelection? | Good Economic News as Janet Yellen Tries to Get a Level Playing Field With China backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Attitude with Arnie Arnesen
Episode 421: Arnie Arnesen Attitude March 12 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Mar 12, 2024 56:33


Part 1:We talk with Robert Hockett, who teaches at Cornell Law School.We talk about Biden's economic agenda, and how is it likely to be implemented. Changes to our economy are needed, and they should be revolutionary.Part 2:We talk with Allison Chapman, transgender legislative researcher who writes for Slate.com.We discuss the many anti-LGBTQ laws that have passed, and new ones being proposed across the US. Bathroom bills, and "women's bill of rights" bills aim to marginalize LGBTQ and limit their rights. This continues the nazification of US society.  WNHNFM.ORG   production

Seize The Moment Podcast
Aaron James - The Variety of Assholes | STM Podcast #204

Seize The Moment Podcast

Play Episode Listen Later Feb 4, 2024 70:17


On episode 204, we welcome Aaron James to discuss assholes, who they are and how they think, the difference between a regular asshole and someone with narcissistic personality disorder, whether all politicians are narcissistic and if regular people ever seek power, if assholes understand and care about the rules, how narcissists use the cover of autism to hide their bad behavior, using entitlement to disregard others' feelings, the messiah figure and our pull toward it, why people love Donald Trump, the inherent complexity of those figures and why some people continue to love them, whether we can live with them, if humanity can tolerate a world with no good and bad guys, and a better narrative to good vs evil and how it can shape our national identity. Aaron James holds a PhD from Harvard and is professor of philosophy at the University of California, Irvine, Aaron was awarded the Burkhardt Fellowship from the American Council of Learned Societies, spending the 2009-10 academic year at the Center for Advanced Study in the Behavioral Sciences at Stanford University He is the author of Fairness in Practice: A Social Contract for a Global Economy, the bestselling Assholes: A Theory, Assholes: A Theory of Donald Trump, Surfing with Sartre and numerous academic articles. His latest book, co-authored by Robert Hockett is called Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve. | Aaron James | ► Website | https://www.penguinrandomhouse.com/authors/150710/aaron-james/ ► Faculty Website | https://www.faculty.uci.edu/profile/?facultyId=4884 ► Twitter |  https://twitter.com/OnAssholes ► Assholes: A Theory Book | https://amzn.to/49oANWX Where you can find us: | Seize The Moment Podcast | ► Facebook | https://www.facebook.com/SeizeTheMoment ► Twitter | https://twitter.com/seize_podcast ► Instagram | https://www.instagram.com/seizethemoment ► TikTok | https://www.tiktok.com/@seizethemomentpodcast ► Patreon |  patreon.com/user?u=32208666

Attitude with Arnie Arnesen
Episode 394: Arnie Arnesen Attitude February 2 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Feb 2, 2024 55:30


Part 1:We talk with Scott Braddock, editor of the Quorum Report, about Texas politics and the latest on Texas leadership.Conservative Republicans continue to resist Gov. Abbot's push for school vouchers.Ken Paxton, the AG, is resisting depositions in the case before the Texas court about the case brought by his former staff, who accuse him of corruption. Trump has become involved in this.Part 2:We talk with Bill Curry and Robert Hockett about the new bill passed which grants a child tax credit. This seems to be a 'bribe' to the rich, since it provides tax break for rich people, but does not include the poorest Americans. Over the last few years, the rich have become $2.2 T richer, while the minimum wage is still at 7.25/hr. $10 T has been added to the US debt since 2010, but the rich continue to prosper. The gap between the wealthy and poor continues to grow. WNHNPM.ORG  production

Attitude with Arnie Arnesen
Episode 374: Arnie Arnesen January 5 2024

Attitude with Arnie Arnesen

Play Episode Listen Later Jan 5, 2024 59:59


Part 1:We speak with Scott Braddock, Editor of the Quorum Report.We talk about recent Texas political activities. New immigration laws and regulations are being passed in Texas, aimed at targeting non-white people. The border is militarized, and local police are often involved in harassing 'suspected illegals' .The governor has been pushing school voucher programs with little success.The Republicans are practicing the politics of retribution.Part 2:We talk with Bill Curry, writer and activist and with Robert Hockett, lawyer and economist. We discuss the recent trend of residents of trailer parks forming cooperative groups to buy the land on which the units sit, and leveraging the ownership rights to make the parks more energy efficient, by using solar installations, wind installations, and other ways to maker their communities 'theirs' rather than a landlord's. The dividends of ownership include economic democracy.We also discuss the need to call out any displays of intolerance. "Don't tolerate intolerance" as a way of combating fascism tendencies.  WNHNFM.ORG  production

Background Briefing with Ian Masters
January 1, 2024 - Stephen Walt | Robert Hockett

Background Briefing with Ian Masters

Play Episode Listen Later Jan 1, 2024 60:09


The Foreign Policy Landscape Ahead in 2024 and the Chance For Peace in a World at War | The Economy in 2023 and What's Ahead in 2024 backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Attitude with Arnie Arnesen
Episode 364: Arnie Arnesen Attitude December 22 2023

Attitude with Arnie Arnesen

Play Episode Listen Later Dec 22, 2023 57:46


Part 1:We talk with Scott Braddock, editor of the Quorum Report. We discuss Texas, and how Republicans are trending over time in Texas. With Trump at the top of the ticket, Republicans are trending down. This election (2024) will be the first election after the Dobbs decision. Texas has implemented draconian anti-abortion laws, and has deputized anyone to police their observance. In addition, Texas has a "show your papers" law that authorizes local law enforcement to demand citizenship proofs. This directly challenges the federal government's role in enforcing immigration laws.Part 2:We talk with Robert Hockett and Bill Curry. We discuss the mood of voters. Fear seems to be the predominant emotion. Trump promises to be a 'benevolent dictator' despite his vows to get even with all who opposed him. Biden's response has been weak.  WNHNFM.ORG   production

Attitude with Arnie Arnesen
Episode 345: Arnie Arnesen Attitude November 23 2023

Attitude with Arnie Arnesen

Play Episode Listen Later Nov 25, 2023 56:51


Part 1:We talk with Representative David Meuse about the prevalence of gun violence in the US. This, along with the unwillingness to enforce gun safety when potential shooters are mentally ill, and are known to be mentally ill. In NH, there is no 'red flag' law, for example. We talk about the consequences, in light of recent events in NH and Maine, as in other states.Part 2:We talk with Bill Curry and Robert Hockett about the changes necessary in the economic system. Currently, the US economy is driven by anger. Workers are angry about the great disparity between themselves and the owners of capital, while they, the actual producers, are ill-treated. We discuss the possibility of a real membership society, where workers participate in ownership, rather than be the "rented" labor of capitalists.  WNHNFM.ORG   production 

Attitude with Arnie Arnesen
Episode 331: Arnie Arnesen Attitude November 3 2023

Attitude with Arnie Arnesen

Play Episode Listen Later Nov 3, 2023 56:26


Part 1:We talk with Scott Braddock, editor of the Quorum Report in Texas. We discuss the Special Session called by Gov. Abbott, to push through a school vouchers bill, which is not popular in Texas. Other events in Texas: Trump's visit to Houston, ostensibly to support Ken Paxton, but also a fund raiser. Kay Granger, a long time politician in Texas, is retiring.Part 2:We talk with Bill Curry and Robert Hockett about anti-semitism on campuses. The problem seems intractable, in that both sides are wrong in this fight. Hamas and the IDF are victimizing the Palestinians, who deserve to have self-determination. Israelis need to feel safe. The policies being pursued now will not bring this about. A two-state solution is needed. WNHNFM.ORG  production

Attitude with Arnie Arnesen
Episode 317: Arnie Arnesen October 13 2023

Attitude with Arnie Arnesen

Play Episode Listen Later Oct 13, 2023 55:47


Part 1:We talk with Bill Curry and Robert Hockett about the war in Israel. Putin must be feeling lucky. This is a problem that has been seething for many years: the Palestinians have no autonomy. Neither the Israelis nor Hamas have permitted elections since the 90s. Both sides see the Palestinians as dispensable. Netanyahu has abandoned the principles on which Israel was founded. This is likely to be a protracted war.Part 2:Robert Hockett discuses the problem in the US: the moneyed class vs. workers, who are viewed as disposable units of production that are being rented. These "production units" have essentially no economic rights, except what their 'bosses' deign to give them. They are pawns in various political games. The moneyed class is willing to give them 'civil' rights, but not economic rights. What can be done to overcome this power imbalance? Unions? True bargaining rights? Convince workers of the true state of affairs? But first, workers must learn the truth about how they are being manipulated to fight with each other, rather than for each other.  WNHNFM.ORG  production

Attitude with Arnie Arnesen
Episode 307: Arnie Arnesen September 29 2023

Attitude with Arnie Arnesen

Play Episode Listen Later Sep 29, 2023 56:28


Part 1:We talk with Scott Braddock, editor of the Quorum Report. We discuss the governor's campaign to institute school vouchers, and its failure to date. The distraction from this is the focus on the border, specifically Colony Ridge, which is a settlement of undocumented people.  The GOP stirs fears of "invasion".  We also discuss the money that Lt. Gov. Patrick received just prior to Paxton's trial. It is not clear what conditions were placed on the $2M  "loan", and it was obvious that the trial was weighted by Patrick in Paxton's favor. Part 2: We talk with Bill Curry and Robert Hockett. We discuss the rulings in Trump's trial in New York state. He was shown to be an obstructor and financial cheat. This could mean the end of Trump's financial empire, because the Trump organization has lost its licenses to do business in NY. We discuss how this pattern of behavior by Trump was ignored for years.  WNHNFM.ORG  production

Money on the Left
The People's Ledger with Saule Omarova

Money on the Left

Play Episode Listen Later Sep 2, 2023 99:44


This month, we discuss democratic possibilities for public finance with Saule Omarova, the Beth and Marc Goldberg Professor of Law at Cornell University and President Biden's original nominee for Comptroller of the Currency. Omarova's work on financial regulation and banking law has long informed how we at Money on the Left understand the modern monetary system. Her and Robert Hockett's “finance franchise” metaphor for modern banking-–according to which the federal government is the franchisor and chartered banks are all franchisees–renders an often-times opaque system intuitive and readily politicizable. Throughout our conversation, we learn from Omarova about how she arrived at this work, what other metaphors she and Hockett considered as alternatives, and exciting democratic possibilities for social policy development, including proposals for a National Investment Authority and a public banking system called “the people's ledger.” Visit our Patreon page here: https://www.patreon.com/MoLsuperstructureMusic by Nahneen Kula: www.nahneenkula.com

Background Briefing with Ian Masters
August 16, 2023 - Michael Gerrard | Robert Hockett | Andra Gillespie

Background Briefing with Ian Masters

Play Episode Listen Later Aug 16, 2023 59:47


Trump's Racist Response to the Latest Indictments is to Call Black Judges, Prosecutors and Election Workers "RIGGERS" | A Win For Young Environmentalists in Red State Montana | Biden Celebrates the One Year Anniversary of the Inflation Reduction Act backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Lever Time
The Great Bank Robbery Of 2023

Lever Time

Play Episode Listen Later Jul 27, 2023 43:28


On today's Lever Time, David Sirota sits down with law professor and policy advocate Robert Hockett and former FDIC attorney Todd Phillips, to explain “The Great Bank Robbery of 2023” — a financial grift that very well could be impacting you. The three explore  how this complicated bank swindle has become so prevalent, what federal regulators could do to stop it, and how consumers like you can protect yourself from the scam. The grift goes like this: When you deposit your money at a bank, they should pay you interest for your money. That's because they make money off of it: Banks lend out your deposits for mortgages and small business loans, or deposit money with the Federal Reserve — all of which generate a much higher interest rate return for the banks. The difference is profit.Until recently, banks would pass along increased interest on these efforts to its customers. But over the last two years, as the Federal Reserve has hiked interest rates to combat inflation, banks haven't been sharing the wealth. Today, the gap between the profit banks generate by lending out those deposits and what they pay their customers is the largest it's ever been: On average, banks are paying its depositors 0.4% interest, while reaping anywhere from 5 to 7 percent interest via lending. This has resulted in one of the largest upward wealth transfers in the modern economy, from customers to bank executives.A transcript of this episode is available here.Links: The Great Bank Robbery of 2023 (The Lever, 2023) BofA profit surges on interest income, surprise investment banking gain (Reuters, 2023) BONUS: Monday's bonus episode of Lever Time Premium, exclusively for The Lever's supporting subscribers, featured our interview with climate scientist Dr. Andrew Pershing about “attribution science” — a new technique that can pinpoint how manmade climate change influences extreme weather events.If you'd like access to Lever Time Premium, which includes extended interviews and bonus content, head over to LeverNews.com to become a supporting subscriber.If you'd like to leave a tip for The Lever, click the following link. It helps us do this kind of independent journalism. levernews.com/tipjar

KERA's Think
What happens if we don't raise the debt ceiling

KERA's Think

Play Episode Listen Later May 19, 2023 30:05


The nation faces a default of its debts as soon as June 1. Robert Hockett is a professor of law at Cornell University, an adjunct professor of finance at Georgetown University's McDonough School of Business and a senior counsel at Westwood Capital. He joins host Krys Boyd to discuss the repercussions of a debt default and the political and legal maneuvers available to avoid it. His New York Times Opinion piece is “This Is What Would Happen if Biden Ignores the Debt Ceiling and Calls McCarthy's Bluff.”

Background Briefing with Ian Masters
May 9, 2023 - Anthea Butler | Robert Hockett | Hamilton Nolan

Background Briefing with Ian Masters

Play Episode Listen Later May 9, 2023 62:57


A Former President Has Been Found Guilty of Sexual Assault But Does the Party of Donald Trump and George Santos Care? | After Today's Pointless Meeting, Biden Should Now Call McCarthy's Bluff on the Debt Ceiling | The Writers' Guild Strike Has Much More Significance Beyond Hollywood backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Reknr hosts: The MMT Podcast
#165 Robert Hockett: Sparking An Industrial Renewal By Building Banks Better

Reknr hosts: The MMT Podcast

Play Episode Listen Later Apr 6, 2023 65:42


Christian talks to Edward Cornell Professor of Law, public finance consultant, and author of “Financing The Green New Deal” Robert Hockett about the recent collapses in the banking system and how to make banks work for people, rather than the other way around.   Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast     Order “The Citizens' Ledger: Digitizing Our Money, Democratizing Our Finance” by Robert Hockett: https://www.amazon.co.uk/Citizens-Ledger-Digitizing-Democratizing-Finance/dp/3030995658/     Sign up to Robert Hockett's Substack: https://roberthockett.substack.com/   Order the Gower Initiative's “Modern Monetary Theory - Key Insights, Leading Thinkers”: https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html   Free tickets for the launch of “Modern Monetary Theory - Key Insights, Leading Thinkers”, in London on 20th April: https://gimms.org.uk/event/book-launch/     For an intro to MMT: Our first three episodes: https://www.patreon.com/posts/41742417 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318     All our episodes in chronological order: https://www.patreon.com/posts/43111643   All our episodes with Robert Hockett: https://www.patreon.com/posts/63228139   Relevant to this episode: “How to Spark a Nationwide Main Street Industrial Renewal with Universal Deposit Insurance” By Robert Hockett: https://www.forbes.com/sites/rhockett/2023/03/18/how-to-spark-a-nationwide-main-street-industrial-renewal-with-universal-deposit-insurance/?sh=5b6bcc1c50c5 Robert's Draft legislation, the Federal Deposit Insurance Completion Act and the Treasury Dollar Act, and explainers for each are on this link: https://twitter.com/rch371/status/1638229758419902468 In this episode, Robert talks about Wicksellian credit money creation. Knut Wicksell was one of the earliest financial practitioners to observe that bank loans create bank deposits, rather than the other way around. This is known as the endogenous money view. Robert talks more about Wicksell in these episodes: Episode 73: Spreading The Fed & Why Wicksell Matters (part 1): https://www.patreon.com/posts/43321755 Episode 74: Spreading The Fed & Why Wicksell Matters (part 2): https://www.patreon.com/posts/episode-74-fed-2-43487286 For more on the endogenous money view (again, the non-fringe, now very mainstream view that bank loans create deposits, not the other way around), listen to: Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Robert Hockett's Forbes blog: https://www.forbes.com/sites/rhockett/?sh=51cf341ee54a     Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346 Quick read: Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/     Quick MMT reads: Warren's Mosler's MMT white paper: http://moslereconomics.com/mmt-white-paper/ Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Quick explanation of government debt and deficit: “Some Numbers Are Big. Let Me Help You Get Over It”: https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/ For a short, non-technical, free ebook explaining MMT, download Warren Mosler's “7 Deadly Innocent Frauds Of Economic Policy” here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf   Episodes on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183 Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929    Episodes on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What's Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558   More on government bonds (and “vigilantes”): Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245 Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500 Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421 Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513 Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true     MMT Events And Courses In 2023 More information about Professor Bill Mitchell's MMTed project (free public online courses in MMT) here: http://www.mmted.org/ Apply for Dr Dirk Ehnts' Modern Monetary Theory and European Macroeconomics course at Maastricht University (July 31st - August 4th) here: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics Details of Modern Money Lab's online graduate and postgraduate courses in MMT are here: https://modernmoneylab.org.au/       MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies   MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship     A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757   We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos   Show notes: https://www.patreon.com/posts/81084983?pr=true

Detroit Today with Stephen Henderson
Silicon Valley Bank, and why regulations matter

Detroit Today with Stephen Henderson

Play Episode Listen Later Mar 14, 2023 52:00


New York Times reporter Stacy Cowley, Cornell Law School professor Robert Hockett, and Brown University professor Wendy Schiller joined Stephen Henderson on Detroit Today to discuss how it happened, the current state of financial markets, and where regulation fits into these concerns.

Background Briefing with Ian Masters
March 13, 2023 - Graham Fuller | Robert Hockett | James Henry

Background Briefing with Ian Masters

Play Episode Listen Later Mar 13, 2023 65:02


China Brings Diplomacy to the Middle East Where the US Has Wasted Trillions on Endless Wars | Trump and the Fed Chair's Role in the Collapse of the Silicon Valley Bank | Are There More Shoes to Drop Following the SVB Failure? backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Background Briefing with Ian Masters
January 19, 2023 - Robert Hockett | Maria Armoudian | Jo-Marie Burt

Background Briefing with Ian Masters

Play Episode Listen Later Jan 19, 2023 62:55


How to Deal With the Economic Suicide Attack by Legislative Terrorists | The Surprise Resignation of New Zealand's Much Admired PM Jacinda Ahern | Political Instability in Peru as Voters Feel Betrayed by a Left Wing President Propped up by the Right Wing Establishment backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Macro n Cheese
FTX and the Fall of Cryptocurrency with Robert Hockett

Macro n Cheese

Play Episode Listen Later Dec 24, 2022 50:55


All digital currency is not created equal. Its technology can potentially be used as a force for good or a force of evil. Robert Hockett joins Steve to discuss both. Let's start with the evil. The collapse of FTX, one of the world's largest crypto exchanges, is still sending shock waves through the mainstream and financial media. It seems that only MMTers are unsurprised by it or the chain reaction, as other crypto schemes are tumbling apace. Bob describes how the collapse follows the same pattern as the junk bond bubble of the 80s and the sub prime mortgage crisis in the aughts. Prices are driven up as more people crowd the market, eager to hop aboard a new investment opportunity. You don't need a Ponzi to have a Ponzi scheme. And apparently you don't need to produce anything of value in order to generate huge profits... for a while. “The irony is that in every one of these cases, there is a clue in the name of the product in question that ought to warn you. If it's called a junk bond, there's a reason for that word "junk" being used. And if it's called a sub prime mortgage loan or sub prime mortgage-based product, there's a reason for that “sub prime” term. Similarly with cryptocurrency or crypto assets, one of the most ironical names ever conceived for this kind of product. If the word "crypto" comes into it, then that's a pretty good tip-off that there's something non-transparent about it, that there's something opaque and occluded and difficult to understand about it.” Bob and Steve talk about the development of Central Bank Digital Currency, or CBDC, which will be as safe as a nation's fiat currency—Bob likens it to the introduction of the greenback dollar in the 1800s. None of this is to say that we at Macro N Cheese approve of the Federal Reserve's ideology or actions; a neoliberal system will have a neoliberal central bank. No big surprise there. Robert C. Hockett is an American lawyer, law professor, and policy advocate. He holds two positions at Cornell University and is senior counsel at investment firm Westwood Capital, LLC. His latest bo...

Background Briefing with Ian Masters
December 13, 2022 - Robert Hockett | Peter Ward | Arjun Makhijani

Background Briefing with Ian Masters

Play Episode Listen Later Dec 13, 2022 63:25


A Bipartisan Bill Introduced Today For a National Development Strategy to Rebuild Our Industry and Build Back Our Middle Class | The UN COP15 Biodiversity Conference Underway Aimed at Conserving 30% of the World's Land and Sea by 2030 | The Historic Breakthrough on Nuclear Fusion Announced Today backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

游庭皓的財經皓角
【早晨財經速解讀】台股大逃殺 國泰金股價破底 投信連54買不怕?輝達聯發科撤單 台積電關EUV減產?蘋果新機問世 帶動指數衝? 2022/9/8(四)

游庭皓的財經皓角

Play Episode Listen Later Sep 8, 2022 36:13


每天早晨8:30 讓我們一起解讀財經時事 參加財經皓角會員 : https://yutinghao.finance 主持人:游庭皓(經濟日報專欄作家、小一輩財經人話翻譯機) 音頻收聽請在Podcast或Soundcloud搜尋『游庭皓的財經皓角』 Telegram: https://t.me/yu_finance 我的粉絲專頁:https://reurl.cc/n563rd 網站參加會員手冊 https://ssur.cc/S8Uqpr 歡迎來信給小編幫您處理 jackieyutw@gmail.com 書名:通膨的恐懼 作者: 羅伯特.霍克特, 亞倫.詹姆斯 原文作者: Robert Hockett, Aaron James 譯者: 劉奕吟 出版社:樂金文化 出版日期:2022/09/07 https://reurl.cc/AO3rb8 《早晨財經速解讀》是游庭皓的個人知識節目,針對財經時事做最新解讀,開播於2019年7月15日,每日開盤前半小時準時直播。議題從總體經濟、產業動態到投資哲學,信息量飽滿,為你顛覆直覺,清理投資誤區,用更寬廣的角度帶你一窺投資的奧秘。 免責聲明:《游庭皓的財經皓角》頻道為學習型頻道,僅用於教育與娛樂目的,無任何證券之買賣建議。任何形式的投資皆涉及風險,投資者需進行自己的研究,持盈保泰。

A View from the Left Side
National Infrastructure Bank Would Rebuild US, Create Jobs & Restore Global Competitiveness

A View from the Left Side

Play Episode Listen Later Aug 5, 2022 51:25


Season 2 Episode 13: Creation of a National Infrastructure Bank | 0:44The US Has Had Four National Infrastructure Banks  | 1:17Crumbling Infrastructure Hurts Competitiveness  | 2:30Rep. PPH Interview with Economics Experts on the Proposal for NIB  | 4:24Alphecca Muttardy, Board Member, NIB Coalition  | 4:53What Is an NIB and Why Do We Need One?  | 5:00Projects that Could Be Funded by the NIB  | 5:19Infrastructure Investments Are Good for the Economy  | 8:48Roosevelt's RFC Was Infrastructure Bank  | 11:28Nationwide Rural Broadband Funded by the NIB Is Modern REA  | 11:36Muttardy on the Scope of NIB Projects  | 12:27The Scope of the REA and Its Impact on Rural America  | 13:01'It Is a Disgrace that We Have Houses in America with No Running Water'  | 13:35Chinese NIB Is Building a Nationwide Water Grid.   | 13:49 NIB Projects Could Help Arizona Farmers  | 14:12Public Private Partnerships (P3s) vs NIB  | 14:29Arizona Water Initiative Allocates $750 mil in P3s for 'Water Augmentation'  | 14:37Keep Public Infrastructure in Public Hands. Water Is a Public Good.  | 15:09Ellen Brown, Founder, Public Banking Institute and Author  | 15:52'P3s Want Profits. NIB Is Basically a Bank at Cost.'  | 15:56Who Can Invest in the NIB?  | 16:40Muttardy: How the NIB Would Be Capitalized?  | 17:08Brown: Individuals Can Invest in the NIB  | 18:37Crumbling US Infrastructure Hurts Competitiveness  | 18:57China Invests 8% of GDP in Infrastructure. US Invests 2.4%.  | 19:35Putting People to Work Building Infrastructure Will Rebuild the Middle Class  | 20:00Given Current Economic Uncertainties, How Would Our Strategies Change if We Had NIB Now?  | 20:36Dr. Robert Hockett, Edward Cornell Professor of Law and Finance at Cornell University  | 21:45The US Relies Too Much on Private Sector Initiative  | 21:51If Your Motive Is Profit Maximization, It Is Not in Your Interest to Prioritize the Public Good  | 22:15Brown on Inflation: Shortages Are to Blame  | 23:28COVID Relief Money that Was Sent to the Banks Is Just Sitting There Unspent  | 24:05COVID Relief Money that Went to People Is Long Gone  | 24:28'People Are Spending Now But They Have Less Money than Before COVID'  | 24:52'There's Not a Lot of Demand Competing for the Goods. The Problem Is Shortages.'  | 25:11The American System Model of Building Infrastructure to Promote Growth & Production  | 25:19Keep the Farmers and Small Businesses  in Business  | 25:30Hamilton: 'This Bank Is to Be Used for Infrastructure, Manufacturing and Development of the Economy'  | 25:56'We've Had an Infrastructure Bank Before. The Problem Is Political.'  | 26:33'If the Money Goes to Productive Purposes -- Things that Do Pay Back -- then You Have a Sustainable System.'  | 27:06Muttardy: 'Policy Banks' Are Investing Money in the Most Productive Place  | 27:52The US Needs a Long-Term Infrastructure Plan  | 28:29What Are Common Objections to NIB?  | 29:31Muttardy: The NIB Has Checks and Balances as Well as Transparency  | 29:59NIB Will Have Engineers to Help Local Governments Design Efficient Systems  | 30:37All NIB Loans Are Transparent for Public to See  | 31:42Who Owns the Infrastructure Built with NIB Loans?  | 32:02Hockett: Who Owns the Infrastructure Depends Upon the Project  | 32:41Muttardy: Most NIB Loans Will Go to Public Entities who Own their Infrastructure  | 34:03To Relieve Bottlenecks, NIB Can Make Private Sector Loans  | 34:30The NIB's Role in Affordable Housing  | 35:35Hockett: Historical Perspective on Housing  | 36:19And more...

Background Briefing with Ian Masters
July 28, 2022 - Tyson Slocum | Robert Hockett | Kim Lane Scheppele

Background Briefing with Ian Masters

Play Episode Listen Later Jul 28, 2022 63:42


Manchin's Surprise Agreement to a $369 Billion Climate and Tax Increase Deal | While the Fed Frets Over Inflation, Everyone Else Worries About Recession Which the Fed's Actions Make More Likely | Orban Quotes "Pure Nazi Text Worthy of Goebbels" But CPAC Still Wants Him in Dallas Next Week backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Macro n Cheese
The Citizens' Ledger with Robert Hockett

Macro n Cheese

Play Episode Listen Later Jul 23, 2022 67:48


Robert Hockett joins Steve to talk about his latest book, The Citizens' Ledger: Digitizing Our Money, Democratizing Our Future. The episode is right at home in our archive of interviews around the topics of fintech, digital wallets, cryptocurrency, CBDCs, and privacy. We urge our listeners to look up past episodes featuring https://realprogressives.org/podcast_episode/episode-181-cloudmoney-with-brett-scott/ (Brett Scott) and https://realprogressives.org/podcast_episode/episode-123-defining-the-world-of-crypto-and-the-digital-commons-with-rohan-grey/ (Rohan Grey). Just about everyone acknowledges that digital payment systems offer enormous convenience, but we're equally aware they come with a cost – we lose all claim to privacy. Bob presents sound arguments for halting the private takeover of the public commons. “If we think in terms of the commons ... you might say that what the private sector fintech industry is trying to do, and what the private sector crypto industry seems to be trying to do, is to displace actual physical cash; in effect to take away that commons and replace it with a bunch of proprietary fiefdoms.” Cryptopians, as Bob calls them, are touting Bitcoin and other cryptocurrencies as creating some kind of democratic new world of sovereign selfhood. This is patently absurd. Bob makes the case that we could develop a digital system – a digital wallet – with all the attractive attributes of cash, including privacy and universal accessibility. Bob describes a way for individuals to pay, receive, and save, while completely bypassing private banks and financial institutions. He says it could be run by the Fed, the Treasury, or both. The Fed would have new monetary tools that directly benefit people instead of banks. Steve and Bob discuss concerns about government overreach and consider the kinds of regulatory laws that would need to be in place. As for privacy, well, do you have a smartphone with GPS? Are you making purchases online? Or with a credit card? It's already too easy to peer into our lives. Unlike private entities, neither the Fed nor the Treasury are profiting from our transactions. “Obviously it's like a never-ending quest to get our data protected and to prevent overreach by federal agencies ... But all I mean to say is that I don't think that introducing the system introduces new vulnerabilities that aren't already there.” Bob usually has a rosier view than we do at Macro N Cheese, but he always gives us something to chew on. This episode will have you thinking about history, policy, and possibilities. Robert C. Hockett is an American lawyer, law professor, and policy advocate. He holds two positions at Cornell University and is senior counsel at investment firm Westwood Capital, LLC. His latest book is The Citizens' Ledger: Digitizing Our Money, Democratizing Our Future. @rch371 on Twitter

Macro n Cheese
A 21st Century Bill of Rights with Harvey J. Kaye and Alan Minsky

Macro n Cheese

Play Episode Listen Later Jun 25, 2022 69:28


This week, Harvey J. Kaye and Alan Minsky stop by the Macro N Cheese clubhouse to talk to Steve about the 21st Century Economic Bill of Rights. Kaye, a historian, brings stories of FDR's four freedoms and the impetus for what he called the 2nd Bill of Rights – an Economic Bill of Rights. Minsky brings his experience in progressive politics, both as a journalist and with Progressive Democrats of America. Of course, the Minsky name holds a special place in our MMT hearts – our own Randy Wray studied under Alan's dad, Hyman. When listening to Alan, one might suspect he's also related to friend-of-the-podcast Robert Hockett, who coined the term “metabolic optimism.” Whether or not we share Alan's optimism, we agree with his insistence that “our winning political hand is our economic message.” The economy is central to everyone's life and should be central to our agenda. He believes the 21st Century Economic Bill of Rights is the avenue to achieve that centrality in the left progressive program. As Harvey takes us through it, he adds historical details; many of these points can be traced back to FDR. 1. The right to a useful job that pays a living wage. 2. The right to a voice in the workplace through a union and collective bargaining. 3. The right to comprehensive quality health care. 4. The right to a complete, cost-free public education and access to broadband Internet. 5. The right to decent, safe, affordable housing. 6. The right to a clean environment and a healthy planet. 7. The right to a meaningful endowment of resources at birth and a secure retirement. 8. The right to sound banking and financial services. 9. The right to an equitable and economically fair justice system. 10. The right to recreation and participation in civic and democratic life. Roosevelt believed the American promise of “the pursuit of happiness” is not possible without economic security. FDR's agenda lived on after his presidency – though without much success. Harvey names Jimmy Carter as the president who dealt the death blow to the New Deal: “Let me make it clear, ever since the 1970's the Democratic Party has not simply turned its back on the FDR legacy – the Jimmy Carter presidency was the launching pad of neoliberalism in the United States. People like to talk about Reagan. They like to talk about Clinton in the 1990s. Jimmy Carter was the first neoliberal president. The deregulation of finance, the deregulation of transportation, it all stems from Carter's determination ... It's Carter who first used the term austerity to promote the neoliberal agenda.” Alan adds: “the truth is, as every listener to Macro N Cheese certainly knows, that one party has been willing to run up deficits, the other party generally has not.” Democrats have wrapped themselves in a mantle of fiscal austerity and would sooner lose elections than change. This episode gives you history, it gives you economics, it gives you policy, and it engages in ever-popular political speculation. Did we mention Bernie? Yeah, his name comes up a few times. Harvey J. Kaye is Professor Emeritus of Democracy and Justice Studies at the University of Wisconsin-Green Bay and the author of the newly published "The Fight for the Four Freedoms: What Made FDR and the Greatest Generation Truly Great," "Take Hold of Our History: Make America Radical Again," and "FDR on Democracy." Alan Minsky is the Executive Director of Progressive Democrats of America. Alan worked as a progressive journalist for the fifteen years before joining PDA. He was the Program Director at KPFK Radio in Los Angeles, and the coordinator of Pacifica Radio's national broadcasts. He was the creator and original producer for the Ralph Nader Radio Hour, as well as the political podcasts for The Nation and Jacobin Magazine. His many articles can be found at Common Dreams, The Nation, Truthdig and other platforms. Alan is the son of the late economist Hyman Minsky....

Background Briefing with Ian Masters
June 16, 2022 - Jennifer Taub | Robert Hockett | Michael Swaine

Background Briefing with Ian Masters

Play Episode Listen Later Jun 16, 2022 60:21


The Internal White House Battles Between Pence and His Lawyers and Trump and His Legal Charlatan John Eastman | The Fed's Interest Rate Hike and Its Impact on the Markets and Economy | Growing Tensions Over the Taiwan Straits backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Macro n Cheese
Taming Inflation with Robert Hockett

Macro n Cheese

Play Episode Listen Later May 28, 2022 61:16


** Be sure to check out the transcript for each episode of this podcast on our website, where you will also find an “Extras” page with links to related resources. https://realprogressives.org/macro-n-cheese-podcast/ (realprogressives.org/macro-n-cheese-podcast) ** Robert Hockett drops into the Macro N Cheese clubhouse to talk to Steve about the usual stuff: inflation, monopoly capitalism, the massive scale of global inequality, and the climate crisis barreling down on us at an ever-faster speed. It is our ninth episode with Bob, this one spurred by his recent article, the alliterative “Prices, Preclusive Purchases, and Production: Some Forgotten Solutions to Forgotten Inflation Problems” (Forbes, 13 May 2022), which diagnoses the current inflation as three supply side dysfunctions – short, medium, and long term. Folks like Larry Summers focus on labor costs, in hopes of encouraging a further clampdown on labor, while executives are boasting record profits and chortling about marking up prices under cover of inflation. Isn't this just the reality of capitalism? Can it be tamed – and if so, what would that look like? If we can't yet get rid of capitalism, are there workarounds? Bob suggests identifying those products and services that are essential to leading decent, peaceful lives and removing them from the profit-maximizing system altogether. He goes into the history of public involvement in healthcare and home finance. Another area is food: “Here's a case where we allow the private sector beneficiaries of that socialization, namely big agriculture, to profit enormously … The agricultural sector is subject, of course, to the vagaries of weather, meteorological conditions, and so forth. Furthermore, it's subject to the potential for overproduction of exactly the kind that Marx and some other political economists in the 19th century predicted. And the only way, it turned out, to keep them in business and keep them producing was for the federal government to promise to buy any of the surplus.” There has been a lot of talk about supply chains, which Bob welcomes, ironically, for including the word “supply,” because it has been missing from American economic discourse for quite some time. “But one problem with that phrase is, it lumps together two distinct things, right? On the one hand, you have to have the production of that which is to be supplied, and then on the other hand, you have to have the delivery of the supplies. And the phrase ‘supply chain' seems to lump those two things together.” Steve brings up the fact that exporting production means exporting pollution. In addition to exploiting cheap labor abroad, outsourcing production has allowed companies to evade US environmental regulations. The discussion leads to the need for a Green New Deal and the possibilities therein. They also talk about the IMF and World Bank and ask if the US is held to different standards. (It is.) A Bob Hockett episode is as much a conversation as an interview. These two old friends don't just look at problems, they peer down the path to solutions – some possible, some not. Whether you agree with either of them, it's worth a listen. Tell us what you think. Robert Hockett is the Edward Cornell Professor of Law at Cornell Law School, Adjunct Professor of Finance at Georgetown University's McDonough School of Business, and Senior Counsel at Westwood Capital, LLC. @rch371

Reknr hosts: The MMT Podcast
#127 Robert Hockett: Fine Tuning Monetary Easing

Reknr hosts: The MMT Podcast

Play Episode Listen Later Mar 2, 2022 80:11


Patricia and Christian talk to author, public finance consultant, and Professor of Law Robert Hockett about his proposal to tame speculative bubbles and put public capital back to public use.   Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast   For an intro to MMT: Listen to our first three episodes: https://www.patreon.com/posts/41742417   All our episodes in chronological order: https://www.patreon.com/posts/43111643   All our episodes with Robert Hockett: https://www.patreon.com/posts/63228139   Building Banks Better: A Plan to Put Public Capital Back to Public Use by Robert Hockett: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4023614   Fine-Tuning Monetary Easing, Part 2: The Fed's New Chicago Trading Capacity by Robert Hockett: https://www.forbes.com/sites/rhockett/2022/01/31/fine-tuning-monetary-easing-part-2-the-feds-new-chicago-trading-capacity/?sh=33ff44a3318d   Money from Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve by Robert Hockett and Aaron James: https://www.amazon.co.uk/Money-Nothing-Worrying-Federal-Reserve/dp/B08FLQK2YF/ref=sr_1_1?crid=KT51L5RY6QZ6&keywords=robert+hockett&qid=1646152833&s=books&sprefix=Robert+Hockett%2Cstripbooks%2C70&sr=1-1   Financing the Green New Deal: A Plan of Action and Renewal by Robert Hockett: https://www.amazon.co.uk/Financing-Green-New-Deal-Renewal/dp/3030484491/ref=sr_1_3?crid=KT51L5RY6QZ6&keywords=robert+hockett&qid=1646152833&s=books&sprefix=Robert+Hockett%2Cstripbooks%2C70&sr=1-3   More on inflation:   Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757   Levy Economics Institute of Bard College 2022 Summer Seminar: https://www.levyinstitute.org/news/summer-seminar-2022   We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos   Show notes: https://www.patreon.com/posts/63227310

Political Misfits
Russia's Red Line, Freedom Convoy Crackdown, Spoofing and Scalping

Political Misfits

Play Episode Listen Later Feb 17, 2022 111:58


Jim Jatras, former US diplomat and former senior foreign policy advisor to the Senate Republican leadership, joins Michelle Witte and John Kiriakou to discuss the expulsion of the US deputy ambassador from Russia and the accusations Ukraine and Russia are exchanging of cease-fire violations, as the US secretary of state addresses the UN Security Council on the crisis. Chris Garaffa, editor of TechForThePeople.org, breaks down the Future of Tech commission's recent recommendations on limiting data collection, and the need for more forceful action on privacy violations. They also discuss new legislation to protect childrens' privacy online and Google's plans to (pretend to) protect your privacy. Robert Hockett, Edward Cornell professor of law and a professor of public policy at Cornell University, gets into the Justice Department's investigation of short selling on Wall Street. He also helps explain the ramifications of the Canadian government's new emergency powers as they relate to private banking and breaks down what the about face of the Trump Organization's accounting firm means. Austin Pelli, cohost of Fault Lines, reports from Ottawa, where a crackdown on the anti-mandate trucker convoy is underway. Protestors appear to be unconcerned with the threats of arrest, and promise the protest will continue.

Background Briefing with Ian Masters
January 26, 2022 - Aziz Huq | David Dayen | Robert Hockett

Background Briefing with Ian Masters

Play Episode Listen Later Jan 26, 2022 62:34


Lessons Learned From RBG With Justice Breyer Retiring From the Supreme Court | What Biden Can Accomplish With Executive Orders | The Fed Signals Interest Rates Will Go Up in March backgroundbriefing.org/donate twitter.com/ianmastersmedia facebook.com/ianmastersmedia

Political Misfits
Ukraine Talks Continue, Omicron Restrictions Lifted, Energy Inflation Surge and Crash Alert: 18-Year-Olds Driving Semis

Political Misfits

Play Episode Listen Later Jan 20, 2022 112:34


Alexander Mercouris, editor-in-chief at The Duran and writer on international affairs with a special interest in Russia and law, talks with John and Michelle about the latest developments in the Ukraine. The United States keeps saying that war in Ukraine is imminent and that the West wants to deescalate tensions. Meanwhile, the CIA is training Ukrainian paramilitary troops in North Carolina.In the third segment, Robert Hockett, Edward Cornell Professor of Law and a Professor of Public Policy at Cornell University in New York, senior counsel at Westwood Capital and a fellow of The Century Foundation, joins the show to break down the surge in energy inflation. Robert says that the seven year high in oil has been spiked by speculators in the futures market. The disappointment from the Build Back Better and the Green New Deal legislations that are stalled in the Senate dampens expectations for robust economic growth.Kevin Gosztola, journalist, writer for Shadowproof.com, and co-host of the podcast Unauthorized Disclosure, joins the Misfits to discuss how the Biden administration is planning a ‘reset' ahead of the 2022 midterms. A key failure is a lack of focus explaining policy: how does new legislation benefit voters and why should people care? A two party system solidifies the status quo, according to Kevin. In our last segment, Richard Becker, author of "Palestine, Israel and the U.S. Empire,” talks about Yemen. The West remains unaware and complicit in understanding the human right atrocities carried out with drone strikes in Yemen. The United States and Saudi Arabia have been embattled in Yemen since after 9-11. Yemen is important to the United States because defense manufactures are in the business of supplying the weapons, according to Richard.

Political Misfits
Honduras Election Results; Bannon Contempt Charges; Ghislaine Maxwell Trial

Political Misfits

Play Episode Listen Later Nov 30, 2021 112:33


Dr. Lisa Gralinski, epidemiologist at the UNC Gillings School of Global Public Health, joins us to talk about the new Omicron variant of COVID-19 first detected in South Africa, which is quickly spreading around the world. We talk about Biden's press conference regarding Omicron, how vaccine mandates and vaccine drives are important, but not the only solution to this evolving pandemic, which should involve a multilayered approach involving, testing, and new treatments. We also talk about how the travel ban on South Africa may not be a solution since other countries where the variant is present have not been subjected to travel restrictions, and how restrictions on non-essential travel in general may be more effective as the holiday travel season approaches. Wyatt Reed, Sputnik News correspondent, talks to us about the presidential election results in Honduras as they roll in. The results are seeing the ruling party lose its grip in power after 12 years marred by widespread violence, increasing inequality, and corruption. The left opposition candidate, Xiomara Castro, holds a seemingly insurmountable lead in the polls. We also talk about what sort of political program the new administration may propose, how this may affect regional political alignments, and the reaction by the U.S. and international bodies like the Organization of American States.Robert Hockett, Edward Cornell Professor of Law and a professor of public policy at Cornell University in New York, Senior Counsel at Westwood Capital, and a fellow of The Century Foundation, joins us to discuss Biden's nomination of Jerome Powell to a second term as Federal Reserve chair. We discuss Biden's statements on the economy, the steps taken to reduce oil prices by tapping the strategic reserves and tackling supply-chain issues, and whether this proposal will be effective. We also talk about the debate about raising the debt ceiling, and the merits of discussing debt in apocalyptic terms that enable a bipartisan failure to act.

Dangerously Good with Jay Sikand
What makes a GREAT LEADER!!! Robert Hockett | Dangerously Good with Jay Sikand #30

Dangerously Good with Jay Sikand

Play Episode Listen Later Jun 29, 2021 144:47


Robert Hockett is an Edward Cornell Endowed Professor of Law at Cornell Law School in Ithaca, New York; Annual Visiting Professor of Law at the Sorbonne Faculty of Law in Paris, France; and Senior Counsel with Westwood Capital Group in New York City. Robert also does regular consulting work for the Federal Reserve Bank of New York, the International Monetary Fund, Americans for Financial Reform, the 'Occupy Money' Cooperative, and a number of federal and state legislators, regulators, and local governments. He has written articles for Forbes and been an advisor to the U.S. Representative Alexandria Ocasio-Cortez. In today's episode, some of the things we talked about were: phase two of President Biden's re-emergence plan, attributes of great leadership, how to solve the inequality problem, and much more! Dangerously Good with Jay Sikand is a long-form podcast where Jay explores dangerously good topics and ideas! This show is about learning new things and sharing that journey with the world! Expanding the minds and imaginations of those who want to partake. Expect new episodes and clips every Tuesday! Watch the podcast on the Dangerously Good YouTube channel (https://www.youtube.com/watch?v=rFgfmjx_-uk&t=19s) & For CLIPS of the podcast, subscribe to the Dangerously Good Clips Youtube channel! (https://www.youtube.com/channel/UChmDAQzfpNdmEi10lqBReuQ) Chapters: 0:00 - Intro 1:24 - President Biden's Phase Two Plan 25:28 - Origins of COVID 34:07 - What makes a great leader? 54:58 - Lessons learned from working with A.O.C. & Bernie Sanders 1:05:11 - Suffering for a greater cause 1:17:04 - Elon Musk 1:23:59 - Anti Aging & the Freedom of Death 1:30:21 - The Inequality Problem 2:05:05 - Learn & Be Curious 2:16:35 - What is Robert most grateful for? About Jay Sikand: He is a podcaster, actor, tech nerd, and lover of life that explores ideas from entertainment, technology, philosophy, politics, health, fitness to whatever else is intriguing. He has conversations with friends and people of strong morals, ambitions, and intelligence within their fields. Anyone who wants to journey through enlightening conversions that contain dangerously good information should tune in! --- Support this podcast: https://podcasters.spotify.com/pod/show/jay-sikand/support

The Nomiki Show
12/28/20 - Biden Doesn't Need The Senate - w/ Robert Hockett

The Nomiki Show

Play Episode Listen Later Dec 28, 2020 43:33