Boom Bust Season 1 Episode 41 James Galbraith On the Predator State and National Solvency

Boom Bust is an exciting show hosted by veteran journalist and renowned author Erin Ade. In this season 1, episode 41, titled "James Galbraith On the Predator State and National Solvency," the show delves deep into the current economic situation and policies affecting the United States.

The episode features an exclusive interview with James Galbraith, a distinguished economist, professor, and author. Galbraith is a leading expert on macroeconomics, economic growth, and development, with a keen interest in understanding and analyzing the workings of economic policies and power.

In this interview, Galbraith shares his insights and thoughts on the current state of the US economy, discussing the challenges and opportunities facing the nation. He examines the role of the state in regulating and managing the economy, addressing issues such as wealth inequality, job creation, and economic stability.

One of the key themes of the episode is the idea of the "predator state." Galbraith argues that in recent decades, the US has become increasingly dominated by a corporate and financial elite who seek to extract wealth and resources from the rest of the population. He suggests that the government has been complicit in this process, attacking unions and workers' rights and deregulating key areas of the economy.

Galbraith also discusses the issue of national solvency, examining the challenges that arise when a country's debt exceeds its ability to repay it. He suggests that the US has a unique advantage in this regard, as it has the power to issue its own currency. However, he notes that this power must be used responsibly and in the service of the public good.

Throughout the episode, Erin Ade provides insightful commentary and analysis, drawing on her years of experience as a financial journalist and reporter. She helps to clarify and contextualize Galbraith's views, making them accessible to a wider audience.

Overall, "James Galbraith On the Predator State and National Solvency" is a thought-provoking and engaging episode that offers a fresh perspective on the US economy. It should be of interest to anyone concerned about the future of the country and the world.