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Seize the Moment Podcast

Dec 31, 2023

On episode 199, we welcome Jeffrey Fuhrer to discuss the fallacy of trickle down economics and the self-made myth, what companies actually do with tax breaks, the distinct perspectives of the flaws of human nature in communism and capitalism, the wealth gap and racial income disparities, what happens when governments intervene with subsidies for poor people, the hubris of corporations in zero-sum thinking, Leon’s exit from libertarianism and the usual mental gymnastics of libertarians, cultivating a system of minimal wage in accordance with profits, reparations, and the importance of meeting people instead of forming preconceived notions of their struggles.

Jeff Fuhrer is a nonresident fellow in Governance Studies at the Brookings Institution and a Foundation Fellow for the Eastern Bank Foundation. He was previously Executive Vice President and Director of Research at the Federal Reserve Bank of Boston, where he was also responsible for the bank’s diversity and inclusion functions. His new book, available now, is called The Myth That Made Us: How False Beliefs about Racism and Meritocracy Broke Our Economy (and How to Fix It).

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► The Myth That Made Us Book:

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