Tuesday, November 10, 2015
Episode 42: More Self Evidence, Less Mud
Play Now!In a continuation and conclusion to Episode 41, today's Episode 42: More Self Evidence, Less Mud, I get around to doing what I suspect the folks at Planet Money failed to do, to actually read the 1930 John Maynard Keynes essay, "Economic Possibilities for our Grandchildren." I'm glad I did. Given the way economists today talk, his message was (if a bit confusing in ways I attempt to address) completely unexpected.Other than Planet Money's episode #641, "Why We Work So Much," I play an ad that ran in a former episode of that show. Further, taking a lead from David Puttnam's TED Talk, "Does the media have a 'duty of care'?" I check and, sure enough, Planet Money has yet to correct the record by correcting the mistake it made way back in March of 2014 in their episode #524 "Me and Mr. Jones." I checked: their mistake stands to this day. Hey, check for yourself! Musically, I felt the haunting music of Ga'an's "Living Tribunal" well expressed the horror of having a bank sponsor a show supposedly dedicated to teaching its audience about the workings of money. Tim Bousquet and KMFDM provided the show's opening.