Rana Foroohar for Age of Economics - Full interview

Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 2)
0:00 - Prologue
01:21 - Intro
01:39 - 1. Why does economics matter?
04:20 - 2. What are the differences between economic science and economic engineering?
09:29 - 3. What role does economics play in society? Does it serve the common good?
15:10 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
20:13 - 5. As we live in an age of economics and economists - in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people - should economists be held accountable for their advice?
24:05 - 6. Does economics explain Capitalism? How would you define Capitalism?
28:11 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
31:40 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?
About Rana Foroohar
American. Business columnist, associate editor at the Financial Times, and also CNN’s global economic analyst
Foroohar spent thirteen years at Newsweek, as an economics and foreign affairs editor and as a London-based correspondent covering Europe and the Middle East. During that time, she was awarded the German Marshall Fund’s Peter Weitz Prize for transatlantic reporting. She has also received awards and fellowships from institutions such as the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University and the East-West Center. Foroohar then spent six years at Time magazine, as an assistant editor and economic columnist. In 2016 she published her first book, Makers and Takers: The Rise of Finance and the Fall of American Business. She joined the Financial Times as a columnist and associate editor in March 2017.
►Website 👉www.ageofeconomics.org
►Transcript👉www.ageofeconomics.org/interv...
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Interview by Fabio Dondero
Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero

[@ponypony2905]

I just love how KZbin sometimes gives you free education. Very interesting video❤

[@jaiku99]

A mature and holistic take on economics. W need more women economist for this reason

[@crustycupcake110]

Can men not have mature and holistic takes with respect to economics? Maybe the interviewer self-selected Rana because she was holistic, but does that imply all women that self-select into the economics profession to be more holistic on average than men? Is being holistic correlated with age? Women have historically been pushed out of the field, so maybe this is an age/generational effect and not a gender effect given the fact most of the women in the field today are younger and that older female economists do not deviate all too much from their male counterparts in terms of economic thought? *cough*

[@mloyo3204]

Definitely nice to hear a fresh and original take on these topics

[@nancylawless3439]

I run a not for profit charity I’m sending this to our Board We are at the forefront of post neoliberalism in the NFP world And the future is now Thank you for this wisdom and good sense

[@geraldfreibrun3041]

late reply, but I would be curious if you have a positive vision to show for it.

[@psikeyhackr6914]

What has planned obsolescence done for the depreciation of durable consumer goods since Sputnik? Economists do not talk about Net Domestic Product much. The NDP equation has the depreciation of capital goods not consumer goods.

[@user-xp6sc6su9c]

I believe the wisest decision that should be on every individual list is to invest in a different stream of income and don't depend on the government to bring you money. It's always better to work smart and not hard.

[@graywilliams_77.]

Hi, could you be kind enough to share the info of the investment advisor guiding you, please?

[@graywilliams_77.]

Okay, thanks I just found her website and left a message for her.