The Case for Mamdani-Style Populism

As inflation shows little sign of cooling, the Fed keeps reaching for the same lever: higher interest rates, even at the risk of higher unemployment. But what if there is another way? Isabella Weber, an economics professor at Amherst College, joins Max Chafkin on the Everybody's Business podcast to discuss why affordable essentials for every citizen should be the priority of a democracy and why the idea of strategic price controls is gaining momentum. (Source: Bloomberg)

As inflation shows little sign of cooling, the Fed keeps reaching for the same lever: higher interest rates, even at the risk of higher unemployment. But what if there is another way? Isabella Weber, an economics professor at Amherst College, joins Max Chafkin on the Everybody's Business podcast to discuss why affordable essentials for every citizen should be the priority of a democracy and why the idea of strategic price controls is gaining momentum. (Source: Bloomberg)