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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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33. Exploring the fallacies of austerity with Dr. Mark Blyth

Smart Talk PodcastAug 18, 2022

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101. Lessons from London’s decade long experience

101. Lessons from London’s decade long experience

Today's discussion came from our archives and was recorded in February of 2023. Our talk is hosted by Ed Dodson, who joined our guest, Mr. Dave Wetzel.

 

Dave Wetzel has had a long career in transportation, working as a bus conductor and official in the 1960s. Shortly after, Mr. Wetzel became a political organizer of the London Co-operative Society between 1974 and 1981. He was elected as a Labour member for Hammersmith and Fulham on the Greater London Council in 1981 and served as the Chair of the Transport Committee. Mr. Wetzel also served on Hounslow Borough Council, acting as the leader in the late 80s and early 90s. Dave was Vice Chair of Transport for London between 2000 and 2008 and Chair of London Buses from 2000 to 2001.

 

London has long had an issue with congestion and transportation. Often, policy-makers take a top-down approach to implementation and steamroll over the issues most important to the people impacted by these policies. As a transportation leader for the city, Dave fostered collaboration and consensus-building when making plans and procedures regarding transportation. One of the pitfalls of technocracy, a society or government run by experts, is that the people most impacted by policy choices are left out of the decision-making process. This will, in turn, fail to address the structural inequalities being addressed since the people with the most knowledge about them aren’t able to correct these problems

 

Mr. Wetzel was educated at Southall Technical College, Ealing College, and at the Henry George School of Social Science.


This week we discussed how Mr. Wetzel’s experience impacted his time as a transportation leader, the implications of Russian imperialism and their conflict with Ukraine, and got into the weeds of London’s transportation policy. To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/

Dec 07, 202301:25:44
100. 100th Episode Special on Henry George

100. 100th Episode Special on Henry George

To celebrate our 100th episode, we wanted to do a special podcast on Henry George and Georgism. It was recorded in November of 2023 by Nathan Greene, a researcher at the Henry George School, and Ed Dodson, a long-time faculty member.


Ed is an expert on Henry George and all things Georgism. As a long-time subscriber of George, land value taxation, and land use reform, he is an excellent person to talk to for our centennial episode.

 

Henry George is an important figure in both American and economic history. His life led him to understand the world in a complex way that gave him a unique perspective. With this perspective, George looked to solve ecological and social problems through land rights, welfare, and social justice. This blend of philosophy and economics was the genesis of Georgism, an ideology that his followers believed would solve some of the most pressing issues of the time.


George grew up during the Gold Rush and would eventually live through the Gilded Age. This was a time of massive inequality, major reforms, and rapid economic growth. The various places he lived instilled in George the need for greater fairness within society.


One of his famous adages is, “Let no man imagine that he has no influence. Whoever he may be, and wherever he may be placed, the man who thinks becomes a light and a power.” George believed that through reflection and critical thinking, everyone can strive towards a better life for themselves, and their community. And this still rings true today. Henry George passed over a hundred years ago, but many of the problems he lived through still plague us today.


Income and wealth inequality have skyrocketed. According to Pew Research, a well-known pollster, between 1983 to 2016, the share of wealth belonging to upper-income households increased from 60% to 79%. Meanwhile, the amount held by middle-income households has been reduced by half, decreasing from 32% to 17%. Lower-income households only had 4% of wealth in 2016, down from 7% in 1983. Meanwhile, millions of young people are shut out of the real estate market and can’t afford their first house. I can’t help but wonder what Henry George would say if he could see the state of the world in 2023. A history of George’s life, how he formed his ideas, and the movements he inspired may help us parse that out.


Mr. Dodson attended Shippensburg University and Temple University where he received an economics degree. Ed worked for Fannie Mae, a public-private partnership to help distribute home mortgage loans. During his time at Fannie Mae, Mr. Dodson held numerous management and analyst positions within the Housing & Community Development group, helping revitalize neighborhoods and local communities. This gives him an interesting perspective on land use and reform, and how it can reduce inequality. He also has extensive experience as a history lecturer at the Osher Life Long Learning Institute and the Learning is For Everyone program at Burlington County College. Ed has written many papers on history and the political economy and is the author of a three-volume book series titled "The Discovery of First Principles."


Together, we discussed Henry George in the context of economic history, his ideas, and how the Georgist community can turn back into a movement.


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

Nov 30, 202301:06:08
99. In Quest of a Multipolar World Order – Promises and Perils

99. In Quest of a Multipolar World Order – Promises and Perils

Today, our discussion comes from our archived seminar: In Quest of a Multipolar Economic World Order – Promises and Perils, which was recorded in March of 2021. Our talk is hosted by our Director of Education, Dr. Ibrahima Drame, and Alana Hartzok, an environmental activist and ethicist. For our talk today we’re joined by Dr. Michael Hudson and Mr. Pepe Escobar.

 

Dr. Hudson is the president of the Institute for the Study of Long Term Economic Trends, and a professor of economics at the University of Missouri–Kansas City as well as the School of Marxist Studies at Peking University, in China.

 

Mr. Escobar is a Brazilian journalist with extensive experience in Southeast Asia and the Middle East. He is the author of several books on globalization: Globalistan, Empire of Chaos, and many more.

 

As the British Empire began to fall and World War II came to a halt, a new world order was created. A new hegemon, the United States, was established, creating the rules-based system of international governance we see today.

 

International institutions, such as the United Nations (UN), World Bank, or the World Trade Organization (WTO) were established to create forums and processes for nations to amicably settle disputes. As the leader in this newly created order, the US benefited from the growing economic and diplomatic ties between themselves and the international community. However, as time passed, the US became less competitive and increasingly unequal as its future competitors developed.

 

Fast forward to today, and the current order is beginning to be challenged. China has a comparable status to the US economically, militarily, and technologically. Russia has waged war in Ukraine, ending decades of inter-country peace in Europe. Smaller and medium-sized nations, like Iran or Turkey, are playing an outsized role in international affairs and conduct themselves with increasingly precarious behavior.

 

With the decline of the US, questions about the global order it established are beginning to arise. Some believe that the very hegemonic status itself was the cause of many global ills. Within this criticism lies the desire for a multipolar world, or one that has many leaders, not just one. However, history has shown that challenges to established orders or incumbent hegemons can lead to tumultuous times. Our guests today help us understand how things could play out in the coming decades. Will this be an opportunity to fix unaddressed concerns or another flashpoint for conflict? Looking at the world through geopolitical and economic lens, we can answer some of these questions.  

 

Dr. Hudson is a consultant to governments across the world for nations like Latvia, China, and Iceland. Pepe is the editor-at-large for Asia Times and is a veteran geopolitical analyst. These two are seasoned geopolitical commentators and are the perfect guests to answer some of our questions.

 

Together, we discussed how imperialistic tendencies led to problematic behavior by the US, why China developed so rapidly while the US stagnated, and why South American countries pursued neoliberal policies in the 70s and 80s.


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

Nov 22, 202302:03:06
98. A hard look at rent and rent-seeking

98. A hard look at rent and rent-seeking

Today our discussion comes from our archived seminar: A Hard Look at Rent and Rent Seeking, recorded in December 2020. Our Talk is hosted by our Director of Education, Ibrahima Drame, who is joined by Dr. Michael Hudson and Mr. Pepe Escobar. Our talk today was jointly hosted by us at the Henry George School and the International Union for Land Value Taxation.

Dr. Hudson is the president of the Institute for the Study of Long Term Economic Trends, and professor of economics at the University of Missouri–Kansas City and the School of Marxist Studies at Peking University, in China.

 

Mr. Escobar is a Brazilian journalist with extensive experience in Southeast Asia and the Middle East. He is the author of several books on globalization: Globalistan, Empire of Chaos, and many more.


When economists try to determine what fairness looks like in the economy, they will often view this through rent, or rent-seeking behavior. When most people hear rent, they think of their monthly payment to their landlord. While this is a useful comparison, when economists use the term “rent” it means something a little different.

 

In economics, rent is referred to as a payment or income earned more than what is required to keep a resource or factor of production in its current use. Usually, when rent-seeking occurs, there is an element of exploitation or asymmetric balance of power.

 

Rent-seeking doesn’t just occur between individuals, or employers and employees. It can also exist between countries, or within systems.


Rent can help explain why the US economy has become so unequal, and why China is developing so rapidly. Is it possible for America to reindustrialize? Has corporate power and financialization created a vicious cycle of inequality? Has China’s government and financial system gained an advantage as the US’s has stagnated. Our guests today hope to answer these questions and provide insights into how rent-seeking impacts macroeconomic trends.

 

Dr. Hudson is a consultant to governments across the world for nations like Latvia, China, and Iceland. Pepe is the editor-at-large for Asia Times and is a veteran geopolitical analyst. I can’t think of two better people to host this discussion.


Together we discussed how the US lost its competitive edge, how China ascended at such a rapid rate, and why an over-reliance on financialization tends to lead to inequality.

Nov 16, 202301:40:03
97. Development trends in Central Eastern Europe and Former Soviet Union states

97. Development trends in Central Eastern Europe and Former Soviet Union states

Often when we talk about competition between two nations, the US and China is the perfect example for today, we get arguments that are boiled down to broad ideas; like East vs the West and capitalism vs communism. But when we do this, we often lose a lot of nuance and miss some important details.


Not too long ago, the US and the West were competing with the USSR and pooled their resources towards containing the spread of communism. Fast forward to now and some of the satellite states and former Soviet Union nations have turned into development success stories. Nations like Poland have increased their GDP by 179% since the fall of the USSR in 1990; Estonia’s GDP per capita in 1995 was $3,134, and in 2021 it’s just below $28,000.


Dr. Gevorkyan received his bachelor’s degree in International Trade and Finance from Louisiana State University, two master's in Economics from The New School and Louisiana State University, and his Ph.D. in economics from the New School. He is an expert on Central Eastern Europe and the Former Soviet Union economies. He is the author of numerous journals and articles, as well as the author of two books: "Transition Economies" and "Financial Deepening and Post-Crisis Development in Emerging Markets." He is a professor and Henry George Chair in Economics at St. John’s University, as well as a member here at the Henry George School.


Together, we discussed some recent economic and political trends within the region, changes to the overall base and superstructure of the economy, and why a poly-crisis may not be as bad as it seems.


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


Podcasts and Publications Mentioned:

How Martin Wolf Understands This Global Economic Moment on The Ezra Klein Show: https://podcasts.apple.com/us/podcast/how-martin-wolf-understands-this-global-economic-moment/id1548604447?i=1000623031651

Gevorkyan, A.V. (ed.). 2023. Foreign Exchange Constraint and Developing Economies. Northampton, MA: Edward Elgar Publishing. https://www.e-elgar.com/shop/usd/foreign-exchange-constraint-and-developing-economies-9781800880498.html

Gevorkyan, A.V. 2018. Transition Economies: Transformation, Development, and Society in Eastern Europe and the Former Soviet Union. Oxford: Routledge. https://goo.gl/otvbQe

Minsky, H. Stabilizing an Unstable Economy  https://www.amazon.com/Stabilizing-Unstable-Economy-Hyman-Minsky/dp/0071592997

Kondratieff, N. (1935), ‘The Long Waves in Economic Life,’ Review of Economics and Statistics, 18 (6), 105–115.

Nov 09, 202346:30
96. Marty Rowland - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

96. Marty Rowland - 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. This is our final episode for the conference and will conclude our annual conference content. We hope you enjoyed it, and we’re looking forward to seeing you at next year’s conference.


Today we will be talking with Dr. Marty Rowland. He served in the New York City Department of Parks and Recreation as a Senior Project Manager for Environmental Remediation to help the city improve environmental quality, bettering living standards for all New Yorkers. He has taught at various institutions, such as Pace University and here at the Henry George School of Social Science. He is also a Senior Fellow with the Asset Leadership Network, a group that promotes financial awareness as a way to achieve social objectives.

 

To sustain the affordable housing programs we’ve discussed, we will need sound public policy that addresses the root causes of the crisis. Understanding previous land and housing policy can be a useful guide for navigating our current dilemma. In order to craft the best possible policies, we will need to comprehend how programs in the past failed. Comprehending this can improve future policies to maximize social outcomes.


Dr. Marty Rowland earned his bachelor’s degree from the University of Michigan and his master’s from the University of New Orleans, both in Environmental Engineering. He later went on to earn his Ph.D. in Natural Resource Economics from the University of New Orleans as well.


Dr. Rowland joined the Henry George School to discuss land and housing policies during the progressive era, how rent controls and community land trusts impact wellbeing, and how land-value tax policy has been considered over time. To check out more of our content, including our research, visit our website: https://www.hgsss.org/

Nov 06, 202337:43
95. Rick Rybeck - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

95. Rick Rybeck - 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. These next 2 episodes will conclude our annual conference content. We hope you enjoyed it, and we’re looking forward to seeing you at next year’s conference.


We were joined today by Rick Rybeck. Rick is the founder and Director of Just Economics LLC, a firm founded in order to guide policy toward helping families. Their goal is to promote job creation, affordable housing, transportation efficiency, and sustainable development.

 

Traditional solutions to the affordable housing crisis have yielded little results. Simply throwing more money at the problem won’t help. Our guest today offers concrete solutions that have yet to be tried, that I think could make a positive impact. Often people with ambitious policy ideas don’t have a plan for implementing them, leaving many people unconvinced. However, today’s guest offers not just solutions, but ways to implement these solutions as well.


Mr. Rybeck received his master's in real estate and urban development from American University and his JD from the American University’s Washington College of Law.

 

Together we discussed the politics of a land-value tax, why it isn’t an additional tax for everyone, and what its implementation would look like from a legislative perspective.


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

Oct 26, 202327:11
94. Katelin Penner - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

94. Katelin Penner - 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. These next 3 episodes will conclude our annual conference content. We hope you enjoyed it, and we’re looking forward to seeing you at next year’s conference.


For our program today, we were joined by Ms. Katelin Penner. Currently, Ms. Penner is an urban planner for NYC HPD's Office of Neighborhood Strategies focused on the conversion of publicly owned vacant land to deeply affordable housing. She is also the Co-Editor in Chief of the "Hunter Urban Review." 

 

Conventional methods to making housing more affordable have failed so far. And because the housing crisis is so complex, it will require more creative solutions.

 

Katelin is a master’s student at Hunter College where she studies urban planning. Her research focuses on vacant lots, the impacts of municipal austerity measures, and community resilience. She put together a fascinating presentation on innovative policies being tested around the world.

 

Together we discussed potential uses of vacant land, how local governments can better incentivize more equitable uses of housing, and some of the benefits of co-op and tenant-led ownership models.

Oct 19, 202329:58
93. Tom Rossman - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

93. Tom Rossman - 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. These next 4 episodes will conclude our annual conference content. We hope you enjoyed it, and we’re looking forward to seeing you at next year’s conference.


For our program today, we were joined by Mr. Tom Rossman. Mr. Rossman is a financier and investor, who specializes in developing nations and emerging markets. After the fall of the Soviet Union, Mr. Rossman helped establish investment institutions in Turkey, former Soviet Union states, and North Africa. Throughout his career, Tom has helped nations democratize and sustainably develop to bring new opportunities to these regions. He has spoken at conferences across the world from Baku to London to Houston. He received his bachelor’s degree in history and religious studies from Nyack College and earned his master’s from Tufts in international relations. Currently, he is an advisor to the Telosa Community Foundation; a group hoping to build a futuristic from-scratch city that will revolutionize urban living.

Together, we discussed how we can design cities to be more inclusive and sustainable, if we are in a second gilded age, and why a sense of community has been missing from neighborhoods for the past few decades.

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

Oct 12, 202309:28
92. Dr. John Krinsky - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

92. Dr. John Krinsky - 2023 Annual Conference: Why is Housing so Unaffordable? Causes and Solutions

Oct 05, 202330:29
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