Deficit Owls | Pavlina Tcherneva: Economic Theory, Policy Should Differentiate Demographically @deficitowls5296 | Uploaded October 2016 | Updated October 2024, 5 hours ago.
Professor Pavlina Tcherneva on the Laura Flanders Show, discussing demographics in economics. Current theory treats the economy as if it were just one person, a "representative agent," without bothering to model effects on different minority groups. Policy does a bit better, but still dramatically concentrates economic problems with those who are most disadvantaged. Leaders usually try to improve the economy by pursuing general growth. But this growth does not get shared evenly, and tends to fall disproportionately to those at the top. For better policy, we should pay attention to the effects of policies on different racial, gender, and class categories.
See the whole interview here: youtube.com/watch?v=fqmy5F98SAs
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Professor Pavlina Tcherneva on the Laura Flanders Show, discussing demographics in economics. Current theory treats the economy as if it were just one person, a "representative agent," without bothering to model effects on different minority groups. Policy does a bit better, but still dramatically concentrates economic problems with those who are most disadvantaged. Leaders usually try to improve the economy by pursuing general growth. But this growth does not get shared evenly, and tends to fall disproportionately to those at the top. For better policy, we should pay attention to the effects of policies on different racial, gender, and class categories.
See the whole interview here: youtube.com/watch?v=fqmy5F98SAs
Follow Deficit Owls on Facebook and Twitter:
facebook.com/DeficitOwls
twitter.com/DeficitOwls
