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#27: Free Lunch Thinking: Interview with Tom Bergin

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Content provided by Aun Abdi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Aun Abdi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

On Episode #27 of Book Talk Today we're joined by Tom Bergin. Tom is an investigative financial journalist for Reuters. His work has prompted parliamentary inquiries and won numerous awards in Britain, the United States and Asia, including a Gerald Loeb Award for Distinguished Business and Financial Journalism and the Orwell Prize for Journalism.

Today we will be discussing his new book, 'Free Lunch Thinking: How Economics Ruins The Economy.'

Timestamps:

0:00 - Intro

1:37 - What is 'Free Lunch Thinking'?

8:35 - The politicisation of economics.

13:14 - Is there a flaw in economics?

17:42 - Why does economics still value the 'rational actor'?

23:05 - What is 'The Income Effect'?

34:18 - The Principal Agent Problem.

41:29 - What's the future of executive pay?

50:51 - Equality in economics.

56:35 - The ethical and diversity issues in economics.

1:02:05 - Price vs. Non-price factors in economics.

1:07:12 - What's the one takeaway from this book?

1:09:05 - Outro

Visit our website - https://www.booktalktoday.com

  continue reading

74 episoade

Artwork
iconDistribuie
 
Manage episode 313635012 series 3279346
Content provided by Aun Abdi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Aun Abdi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

On Episode #27 of Book Talk Today we're joined by Tom Bergin. Tom is an investigative financial journalist for Reuters. His work has prompted parliamentary inquiries and won numerous awards in Britain, the United States and Asia, including a Gerald Loeb Award for Distinguished Business and Financial Journalism and the Orwell Prize for Journalism.

Today we will be discussing his new book, 'Free Lunch Thinking: How Economics Ruins The Economy.'

Timestamps:

0:00 - Intro

1:37 - What is 'Free Lunch Thinking'?

8:35 - The politicisation of economics.

13:14 - Is there a flaw in economics?

17:42 - Why does economics still value the 'rational actor'?

23:05 - What is 'The Income Effect'?

34:18 - The Principal Agent Problem.

41:29 - What's the future of executive pay?

50:51 - Equality in economics.

56:35 - The ethical and diversity issues in economics.

1:02:05 - Price vs. Non-price factors in economics.

1:07:12 - What's the one takeaway from this book?

1:09:05 - Outro

Visit our website - https://www.booktalktoday.com

  continue reading

74 episoade

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