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Smart Talk Podcast

Smart Talk Podcast

By Henry George School of Social Science

This podcast is a series of interviews where well-known and widely respected economists, political scientists, and social thinkers examine Henry George’s philosophies in today’s society in order to create a more productive national economy that encourages inclusive prosperity.
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30. Analyzing macroeconomic trends with Richard Duncan

Smart Talk PodcastJul 28, 2022

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91. Brendan Cheney - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

91. Brendan Cheney - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today our discussion comes from our most recent annual conference: Why is Housing so Unaffordable? Causes and Solutions. For the next twelve weeks, our discussions will revolve around the topic of housing and house prices with three subtopics. The first will be root causes, followed by an evaluation of current policy responses, and finishes with alternatives to current policy and thinking around affordability.


We were lucky enough to speak with Brendan Cheney. Brendan is the Director of Policy and Communications at the New York Housing Conference. The New York Housing Conference is a policy and advocacy non-profit dedicated to advancing state, local, and federal housing policies.


Our affordable housing crisis will require comprehensive solutions, which will require reliable data. With good data, we can formulate the best possible policy, understand what areas need the most relief, and empower those shut out of the market due to unaffordability.


With organizations like the New York Housing Conference, policymakers can prevent gentrification, and buyers have help navigating the market. We’re glad to have our guest on at such a pivotal moment in the housing crisis.


Brendan earned his bachelor’s degree in economics and political science from the University of Massachusetts Amherst, and his master’s in public administration from Syracuse. He has extensive experience as a policy analyst and consultant. Mr. Cheney was also a staff writer for Politico, writing about housing policy and homelessness, often using data to communicate trends and complex ideas. As Director of Policy and Operations, he oversees all advocacy and policy efforts on behalf of the conference.


Together, we talked about the priorities of Governor Kathy Hochul, got into the weeds of federal and state housing policy, and explained the concept of “affordability depth.” It was quite the conversation.


We hope you enjoy this talk, and make sure to check back on our page every week for a brand-new episode!

 

To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Sep 28, 202318:45
90. Ross Karp - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

90. Ross Karp - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today we were lucky enough to speak with Ross Karp. Ross is the Downstate Development Director of Home and Community Renewal (HCR), an agency within New York State. HCR is part of the state’s Executive branch and is in charge of administering housing policy.


When you think of homebuilders, who do you think of? If I had to guess, you were probably thinking about real estate developers or even construction companies. And while they are important factors in our analysis, they are only one piece of the puzzle. State and local governments have a huge influence on housing outcomes, and getting their policies right can be tricky. 


Building new homes requires grants and loans, navigating zoning regulations, and ensuring building codes and standards are met. But doing this all quickly and in large quantities is an uphill battle, to say the least. That’s where state and local government institutions come in. They can either facilitate this process or slow things down and hinder construction.


That’s why I’m thrilled to have our guest on today. New York’s Governor, Kathy Hochul, created a housing plan with $25 billion in funding. As Development Director, Mr. Karp helps oversee these funds and achieve New York’s goal of maintaining and revitalizing communities.


Mr. Karp received his bachelor’s degree in philosophy from the University of Chicago, and his master’s in city planning from MIT. He has extensive policy and governance experience working for both the City of Chicago and New York and within the State of New York.


Together we discussed some of the housing initiatives under Governor Hochul, a few financing options available to developers, and why New York struggles to increase the supply of housing.


We hope you enjoy this talk, and make sure to check back on our page every week for a brand-new episode! 


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Sep 21, 202319:57
89. Lindsay Duvall - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

89. Lindsay Duvall - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today, our discussion comes from our most recent annual conference: Why is Housing so Unaffordable? Causes and Solutions. For the next twelve weeks, our discussions will revolve around the topic of housing and house prices with three subtopics. The first will be root causes, followed by an evaluation of current policy responses, and finishes with alternatives to current policy and thinking around affordability.


Today, we spoke to Lindsay Duvall. Lindsay is a Senior Organizer for the National Low Income Housing Coalition (NLIHC). NLIHC aims to create policy that ensures people of low income have access to and can afford quality housing through advocacy, activism, and shaping public opinion.


Housing is crucial to economic mobility. Having a roof over your head improves all sorts of outcomes, from healthcare to education. We’ve talked about the trends behind some of the housing issues we’re all experiencing, but we haven’t talked about the trends going on within public policy around housing. Ms. Duvall is an expert on this subject and helps us explore some of the funding and policies contributing to the situation today.

According to the Center on Budget and Policy Priorities, the number of public housing units has declined by 200,000 units since the 1990s. Recent policies, such as the American Rescue Plan of 2021, aimed at addressing this, but only in the short run. To be clear, this is a complex solution that will require more than market-oriented solutions. To solve this problem, we need local and federal governments, real estate developers, and financiers to work together to create a holistic solution that will benefit citizens in the long term. All stakeholders will need to play a part in solving this.


NLIHC advocates policy on behalf of people in order to create a more equitable economy. Their goal is to maintain and improve existing public housing stock while expanding supply to ensure stability. Through their work, NLIHC improves welfare and helps fill in the cracks in our foundation (no pun intended).


Ms. Duvall previously worked at the Oregon Food Bank where she addressed hunger through outreach and volunteer mobilization. She earned her bachelor’s degree in architecture from the University of Cincinnati and a master’s degree in educational leadership and policy from Portland State University.


The Henry George School joined Lindsay to discuss housing policy in the legislative pipeline, some fascinating facts regarding New York City’s housing crisis, and which states offer sufficient affordable renting units for low-income earners.


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Sep 14, 202322:47
88. Brad Lander - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

88. Brad Lander - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today our discussion comes from our most recent annual conference: Why is Housing so Unaffordable? Causes and Solutions. For the next twelve weeks, our discussions will revolve around the topic of housing and house prices with three subtopics. The first will be root causes, followed by an evaluation of current policy responses, and finishes with alternatives to current policy and thinking around affordability.


For today’s program, we were lucky enough to talk to Brad Lander. Brad is the Comptroller of New York City, where he is in charge of making the best investments possible toward a more sustainable and resilient New York.


As we’ve heard over the past two weeks, housing and affordability problems are quite complex, and the situation has generally become messy. Public policy and government are one part of this institutional entanglement. Calibrating our tools and conducting the correct evaluation is important to creating sustainable development. 


Mr. Lander is a former community organizer and non-profit leader. He began his career at Fifth Avenue Committee, a non-profit that builds and developed affordable housing. After 2009, he became the Director of the Pratt Center for Community Development, an institute in Brooklyn New York, where he focussed on developing communities sustainably and affordably. 


Mr. Lander has been a harsh critic of the New York City tax system and, coming from a non-profit, has different ideas for how to fix it. As comptroller, Brad has tried to amend the system in order to create more resilient communities. 


Together we discussed how the current system of unaffordable housing was created, how taxes can improve or worsen the situation, and what his office will be working towards for the remainder of his term.


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Sep 07, 202333:14
87. Mark Mollineaux - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

87. Mark Mollineaux - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today our discussion comes from our most recent annual conference: Why is Housing so Unaffordable? Causes and Solutions. For the next twelve weeks, our discussions will revolve around the topic of housing and house prices with three subtopics. The first will be root causes, followed by an evaluation of current policy responses, and finishes with alternatives to current policy and thinking around affordability.


Nowadays housing issues are on everyone’s mind, from ownership to affordability. But because we’re so caught up in the stresses from facing the issues of real-world housing problems, we don’t understand how we got here, and why that matters for finding a solution.


The 20th century saw a shift towards suburbanization: the movement from city living to the suburbs. As a result, city planning moved towards bolstering these areas at the expense of cities. This caused inequality to grow between homeowners and those who can’t afford the purchase of living, creating the unaffordability crisis we experience today.


Mr. Mollineaux is a lifelong Georgist and hosts a popular podcast, Georgist Perspectives, on Stanford’s radio where he hosts discussions on Georgist perspectives.


Our guest today helps us understand the historical trajectories urban planning has led us to and looks to offer redistributive solutions that benefit city dwellers and promote equity.


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Aug 31, 202335:12
86. Angela Lee Stovall - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

86. Angela Lee Stovall - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today our discussion comes from our most recent annual conference: Why is Housing so Unaffordable? Causes and Solutions. For the next twelve weeks, our discussions will revolve around the topic of housing and house prices with three subtopics. The first will be root causes, followed by an evaluation of current policy responses, and finishes with alternatives to current policy and thinking around affordability.


For today’s program, we were lucky enough to have Angela Lee Stovall on the podcast. Angela is a research and policy manager for JustFix.Nyc. JustFix.Nyc is a non-profit that helps ensure livable housing standards in New York, by offering renters and tenants resources and data to help navigate the unaffordability crisis in residential housing. 


In our previous talks, we’ve mentioned how buying your first home can become increasingly unattainable. But buying a house is only part of the equation. According to the Furman Center, 66% of households in New York City rent. When rent prices skyrocket, millions of people and families have to put more of their paychecks toward housing instead of other necessities. But it goes beyond housing. Our guest today helps ensure more equitable outcomes that the current market doesn’t create. By providing transparency, data, and resources, JustFix.Nyc helps ensure renters receive the same rights and dignity that homeowners have. Often, renters find it more challenging to exercise their rights, say voting for example, compared to their home-owning counterparts. By better distributing economic power, JustFix.Nyc helps to better distribute political power too.


Ms. Stovall began her career as a defense attorney against eviction cases for the New York Legal Assistance Group. Recently, she worked as part of New York City Commission on Human Rights’ Income Discrimination Unit, as an intervention manager. She has constantly worked towards ending discrimination and reducing inequality. 


Together, we discussed how real estate has become increasingly corporatized, why higher concentrations of land ownership in the hands of fewer people leads to inequality, and how affordable high-quality rentals can help sustain a healthy middle class.


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Aug 24, 202326:29
85. Dr. Ryan-Collins - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

85. Dr. Ryan-Collins - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Today, our discussion comes from our most recent annual conference: Why is Housing so Unaffordable? Causes and Solutions. For the next twelve weeks, our discussions will revolve around the topic of housing and house prices with three subtopics. The first will be root causes, followed by an evaluation of current policy responses, and finishes with alternatives to current policy and thinking around affordability.


Our first discussion was held with Dr. Ryan-Collins, an economist for the University of London. Dr. Ryan-Collins received his bachelor’s and master’s from the University of Warwick in sociology and industrial relations, respectively, and his Ph.D. in applied economics from the University of Southampton. His research focuses on macroeconomic stability, housing and land, and sustainable development. He was a Senior Economist for the New Economics Foundation and a council member of the Progressive Economy Forum. Both advocate for macroeconomic policy that promotes sustainable development and reduces inequality. He is also the author of numerous books and journals, including Rethinking the Economics of Land and Housing, Why Can’t You Afford Home, Where Does Money Come From?. All offer a progressive analysis of recent global macroeconomic trends. Currently, Professor Ryan-Collins is a professor of Economics and Finance at the University College of London.


Together, we discussed some of the trends going on within housing, what caused the decline in homeownership in developed nations, and why some of the classical theories around land ownership may need rethinking. 


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Aug 17, 202340:54
84. How you can become bigger than yourself

84. How you can become bigger than yourself

Aug 10, 202325:15
83. Land value taxes and Toronto's housing crisis
Aug 03, 202353:58
82. A lesson on Georgist economics
Jul 27, 202348:03
81. The pharmaceutical industry and changes under the IRA
Jul 20, 202329:50
80. Economics with a little humor
Jul 13, 202358:25
79. UBI and strengthening our social safety net
Jul 06, 202354:05
78. The monetary response to Covid-19
Jun 29, 202301:09:36
77. Making societies more adaptable to crises
Jun 22, 202301:02:33
76. Small government and anti-elitism

76. Small government and anti-elitism

Dr. Chiu received her bachelor’s from Smith College, her master’s from Northwestern, and her Ph.D. from Oxford University, all in English. Dr. Chiu is a critic of contemporary politics and philosophy, but not through traditional means. Her unique perspective instead comes from a literary point of view. Her research is conducted on how reform politics is represented in literature from the 18th to 20th century. Her most recent project on Thomas Paine has received national recognition, as she currently teaches the only class on Paine’s philosophy. Dr. Chiu has contributed to many articles, books, and other publications, her most recent being The Routledge Guidebook to Paine's Rights of Man. She is currently a professor at the New School, where she focuses on gender and identity, history, and political science. In her teachings of Thomas Paine, Dr. Chiu often revisits his old ideas with new perspectives. I urge you to focus on her concept of what Paine thought of as “small” or “limited government”, which was much more anti-elitist than most conservative schools of thought. I urge you to consider how this idea of anti-elite small government intertwines with modern conservatism, and how conservatives discuss limited government. Together, we discussed the Founding Father’s ideas for how to build a constitutional democracy, how personal versus national interests conflicted in the drafting of the Constitution, and how power originally became concentrated within elite circles.


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Jun 15, 202301:09:40
75. How to make cities permanently adaptable
Jun 08, 202301:19:56
74. How will AI impact your job?

74. How will AI impact your job?

Our episode today comes from our most recent panel discussion titled Automation, AI and ChatGPT - How will Labor be Affected? Our panel explores the role of new AI technology and its disruption within advanced economies. The digital revolution heralded massive gains in efficiency and development, but will new breakthroughs be as beneficial? New inventions like Chat GPT or Google’s Bard will be immensely useful, but many worry about them replacing their human counterparts. Will the AI revolution bridge divides, or further perpetuate inequalities? If you’re tired of all the doom and gloom and want an open and honest discussion on AI, then this is the program for you. Our talk is hosted by our Director of Education, Ibrahima Drame, who is joined by Ed Dodson, Dr. Sandeep Sacheti, and Dr. Ansel Schiavone.


To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Jun 01, 202301:03:54
73. An ethical perspective on UBI
May 25, 202350:23
72. The centrality of human rights within economics
May 18, 202301:08:09
71. The true origins of the Monopoly game and its Georgist roots
May 11, 202301:00:13
70. How environmental ethics should shape our understanding of economics
May 04, 202354:42
69. What real estate markets and debt tell us about the long-term
Apr 27, 202301:03:38
68. MMT: Macroeconomic implications and its role in development
Apr 20, 202349:56
67. The economic perils of Amazon
Apr 13, 202344:53
66. Does race affect inequality?
Apr 06, 202345:14
65. A talk with Mexico's former Foreign Affairs secretary
Mar 30, 202301:14:36
64. Bonds' role in local development
Mar 23, 202351:32
63. Dr. Edward Nell returns to discuss rent seeking behavior and different macroeconomic models
Mar 16, 202301:11:38
62. Cryptocurrencies: Computing Foundations, Risks, and Socioeconomic Impacts
Mar 09, 202301:00:20
61. The failure of public policy in addressing poverty and inequality
Mar 02, 202345:56
60. Possessive Individualism and the role of human nature in economic analysis

60. Possessive Individualism and the role of human nature in economic analysis

Feb 23, 202301:00:54
59. Getting public policy right
Feb 16, 202301:04:15
58. The allure of populism and what it means for the world order
Feb 09, 202301:06:41
57. The future of US unionization and labor
Feb 02, 202351:46
56. Lindy Davies on the progress of Henry George
Jan 26, 202352:16
55. How big tech and algorithms make us worse off

55. How big tech and algorithms make us worse off

Dr. O’Neil earned her bachelor’s degree from UC Berkeley and received her Ph.D. from Harvard in mathematics. She spent the early part of her career teaching at MIT and Barnard but eventually left for the private sector. After a few years as a finance professional, she eventually became disillusioned with the industry and would eventually join the Occupy Wall Street movement. She is a regular contributor to Bloomberg and is the author of "The Shame Machine," "Doing Data Science," and "Weapons of Math Destruction"; which all explore the negative impacts data analytics and algorithms have on society. Dr. O'Neil joined us in discussing how big data and the use of algorithms became more common in everyday life, how their use creates negative externalities with socioeconomic repercussions, and what caused her dislike of the finance industry.

Jan 19, 202341:25
54. The path toward a post-crisis Greek recovery
Jan 12, 202347:02
53. A systems view of the world order

53. A systems view of the world order

Mr. Amin received his bachelor’s in political science at the Sciences Po, in France, and his master’s in economics and statistics from INSEE, a demographics bureau of the French government. Samir grew up in Cairo and Paris where he witnessed the benefits of development and the horrors of colonialism as well. After graduating, he worked for the French and Mali governments where he studied under-development and its linkage to the world order. Mr. Amin is known for his work on dependency theory and world system theory. He was associated with multiple socialist political groups, yet criticized Soviet communism. He is the author of many books including, "The Implosion of Contemporary Capitalism," "A Global History: A View from the South," and "Eurocentrism." He was one of the world's most prominent Marxist economists and a potent critic of capitalism. Mr. Amin joined us to discuss how monopolies can lead to oligarchies, why another financial crisis is looming around the corner, and how one can identify and define imperialism.

To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Jan 05, 202301:12:56
52. The intersection of technology, politics, and economics
Dec 29, 202258:17
51. Fred Harrison on economic policy and social reform
Dec 22, 202253:35
50. A brief history of the modern political economy
Dec 15, 202255:38
49. How unions can improve employee welfare while keeping firms competitive
Dec 08, 202245:47
48. Urban Planning for maximum reliability with Dr. Marty Rowland
Dec 01, 202244:37
47. The Impacts of Congestion Pricing Policy on New York City
Nov 23, 202201:34:42
46. Why "progress" grew wealth, but didn't reduce poverty

46. Why "progress" grew wealth, but didn't reduce poverty

Dr. Roemer is quite interesting, to say the least. He received his bachelor’s degree from Harvard and went to U.C. Berkeley for his graduate degree, but was suspended for his political activity against the Vietnam War. After spending time teaching, he would eventually return to Berkeley to finish his Ph.D. in economics in 1974. He is currently the Elizabeth S. and A. Varick Stout Professor of Political Science and Economics at Yale University, and a Fellow at the Econometric Society as well as the American Academy of Arts and Sciences. He has contributed to numerous economic journals on topics such as labor economics, political competition, and climate change. In addition to his journals, Dr. Roemer has published numerous books such as "Free to Lose," "A General Theory," and "A Future of Socialism." All revolve around inequality and its relation to the political economy. Together with Dr. Roemer, we discussed the rise of Bernie Sanders, issues with Marx’s Labor Theory of Value, and how redistribution can take the form of more than welfare programs.


To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Nov 17, 202252:32
45. A discussion on QE and monetary policy with Michael Mattie

45. A discussion on QE and monetary policy with Michael Mattie

Michael Mattie is the founder of Doylestown Wealth Management, a financial planning and wealth management firm. Before joining the Marine Corps, Mr. Mattie earned a bachelor’s degree in business from the University of Delaware. After graduating he began to work in the finance industry for a number of years. Eventually, Michael wrote his own book titled "The Global Addiction to QE: The Most Important Topic Affecting your Retirement: A Guide." This book is a detailed exploration of the history of quantitative easing and its effect on financial markets. A lover of everything investing, Mr. Mattie has spent his lifetime helping others save for their retirement and understand financial markets. Together we discussed monetary policy under Alan Greenspan, his critique of the Federal Reserve, and why deficit spending may not be such a bad thing.


To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Nov 10, 202248:17
44. How to implement a Land Value Tax with Steve Taft

44. How to implement a Land Value Tax with Steve Taft

Mr. Taft graduated from Washington University. Steven is currently a Senior Vice President of Portfolio Management, and Senior Portfolio Manager, as well as a certified Financial Planner and Advisor at Morgan Stanley. He began working on Wall Street as a financial advisor in the late 80s, and later went on to work for companies such as Lehman Brothers and Paine Webber. He is the author of A True Free Market: Conversations on Gaining Liberty and Justice Through Economics. Our friendly discussion included the mechanics of Henry George’s Land Value Tax, how it can eliminate other taxes, and key trends within urbanization.


To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Nov 03, 202232:56
43. Dr. Paul Davidson's view of the history of economic thought

43. Dr. Paul Davidson's view of the history of economic thought

Dr. Davidson is a leader in the post-Keynesian school of thought. Initially, he did not begin his career as an economist, earning a bachelor's degree from Brooklyn College in chemistry and biology. He began graduate school as a biochemistry major but switched to economics. Dr. Davidson finished his master’s at the City University of New York, and his Ph.D. from the University of Pennsylvania, both in economics. He has held numerous high positions within academia, think tanks, as well as the private sector, and currently holds the Holly Chair of Excellence in Political Economy, Emeritus, at the University of Tennessee, Knoxville. Dr. Davidson offers a depth of knowledge on subjects such as monetary policy, macroeconomics, global payment systems, and income inequality. He is the founder of the Journal of Post Keynesian Economics, and the author of 22 books including "Who’s Afraid of John Maynard Keynes?", "Financial Markets, Money, and the Real World," and many more. Together, we discussed why economists didn’t see the 2007 financial crisis coming, why Hyman Minsky’s theory of boom and bust may have been exaggerated, and the role that savings and investment play within the economy.


To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Oct 27, 202201:11:24
42. The Poisoned Chalice: Dr. Galbraith returns

42. The Poisoned Chalice: Dr. Galbraith returns

Dr. Galbraith is a world-renowned economist and son of the famous economist John Kenneth Galbraith. Dr. Galbraith earned his bachelor’s from Harvard and his master’s and Ph.D. from Yale. All in economics. From a young age, James worked within the U.S. Congress working on policy. He eventually worked his way up to the Executive Director of the Joint Economic Committee role. He is also the Lloyd M. Bentsen Chair at the LBJ School of Public Affairs, where he currently teaches. His latest book is titled "Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe." The book is a detailed investigation into the cause of the Greek Debt Crisis and an examination of post-crisis policy. In a series of essays and letters, Dr. Galbraith lays out the meaning of the Greek Debt Crisis and how Greece and the EU can move forward. Together we discussed the tension between national and EU governments, the political fallout caused by the debt crisis, and even brought up one of our favorite guests, Yanis Varoufakis.


To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Oct 20, 202201:18:32