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PEl 037 Reimagining Economics: Lessons from Libya and Beyond
Manage episode 426249673 series 3583219
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Paul B and Patrick C join the conversation. Paul E shares his thoughts on Stephen Mitford Goodson's book, highlighting the benefits of Libya's economic policies under Gaddafi, which included free education, healthcare, and housing, among other things.
We also show the absurdity of the current banking system, with a clip from Jared Bernstein of the Federal Reserve, who suggests printing more money as a solution to economic woes. This leads to a broader conversation about the failures of modern economic policies and the need for a radical shift in thinking.
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