AUDIO: “Radical economics, rethought” with Martin Sandbu
Cardiff Garcia, a writer for the UK-based Financial Times, interviewed Martin Sandbu, a philosopher and economist who writes Free Lunch, a daily newsletter on global economic policy. As he describes in the interview, Sandbu believes that a background in philosophical logic enables one to identify and question assumptions that are inherent within normative economic policy. His own philosophically informed analyses of economic policy have led him to support the idea of basic income — another topic discussed at length in the interview.
Sandbu discusses basic income in the historical and current context of American political, social, cultural and economic challenges. Among potential outcomes of basic income, Sandbu highlights positive ones that include risk encouragement, higher bargaining power for rural people, and decreased resentment within low and middle-income groups.
Listen to the podcast episode here: Alphachat
Photo CC BY 2.0 Zhou Tong