
How to Slice a Sandwich
July 19, 2024
Our Weekly Economic News Roundup: From Sandwiches to Strollers
July 20, 2024Last updated 7/19/24
Every once in a while, (and sometimes each day) I listen to a great podcast, enjoy an article, or see a good video that I want to share with you.
I like to think of them as my e-links.
Friday’s e-links 7/19/24
In a recent podcast interview, Nobel (Memorial Prize) laureate Angus Deaton told us the truth about economics. Talking with Financial Times journalist Soumaya Keynes, he expressed what has gone wrong. His concern is the recent focus on optimizing GDP. Instead, we should include philosophy, ethics, sociology, history, and psychology. Then, economists would not “underweight” the big questions that would provide more perspective. Indeed, whether looking at inequality, immigration, or globalization, he said we need the bigger picture.