Dr. Gerald Epstein is Professor of Economics and founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst. Among his many excellent works he and Juan Antonio Montecino calculated the costs to the United States economy of its financial sector across three categories: rents and excess profits; misallocation; and the crisis costs of 2008. Gerald believes that the number he arrives at, an excess cost of $22.3 trillion between 1990 and 2023, is likely to be a modest underestimation because the costs of the financial crisis may be much greater and the numbers do not involve lost tax revenues from various financial innovations.
Environment
The Sustainability Agenda – Interview with Naomi Klein
In this episode Fergal Byrne speaks with Naomi Klein, renowned author and activist on the state of crisis we’re in and the hope provided by Green New Deals. We’ve made a lot of progress in […]
National Politics
Conter Radio – Tara McCormack: The Rise, Fall and Rise of Humanitarian War
We spoke to Tara McCormack, lecturer in international relations at the University of Leicester, about the emergence of humanitarian intervention after the Cold War. What are its origins and key ideas, and what does it […]
Austerity
The MMT Podcast – Richard Murphy: The Treasury Is Choosing Death
Patricia and Christian talk to Professor Richard Murphy about monetary operations, tax justice, and the UK government’s standoff with the NHS regarding finances. Listen here
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