Like Popsicles, sunscreen and swimming holes, it has grow to be a summer time custom. Planet Cash Summer time College is again. (You’ll be able to listen to past seasons here. We have explored matters like financial historical past, investing and the fundamentals of micro- and macroeconomics.)
This season, our free economics course to your ears tries to reply the query that has been fascinating economists because the daybreak of the sphere: What position can or ought to the federal government play in shaping the economic system?
We hear loads concerning the invisible hand of the free market. However what concerning the seen hand of the federal government? We’re diving deep into the waters of political economic system. How huge does a authorities should be earlier than you may name it “huge authorities,” and the place ought to the market finish and the general public sector take over?
Each Wednesday this summer time, we’ll hear tales of how the choices from inside political establishments could make us all richer … or can utterly bungle the whole lot and maintain again financial progress.
In case you missed it, in our first episode, we requested: Why are some nations wealthy and others poor? We journey to Jamaica and Peru to search out examples of when the federal government may also help and when it would not. We discuss with Massachusetts Institute of Know-how economist Simon Johnson, the previous chief economist of the Worldwide Financial Fund and a winner of the 2024 Nobel Memorial Prize in Economic Sciences.
Within the coming weeks, we’ll ask how governments can use taxes to vary our collective conduct and enhance society. And we’ll learn the way to inform the distinction between the taxes which can be a drag on financial dynamism and the taxes that restore a market failure.
We’ll have an entire class on how authorities rules have an effect on each little a part of our lives, generally for good and generally for causes that nobody can determine. Do you have to want a license to be a dentist? A dental hygienist? How about to chop hair? Or braid hair? Has occupational licensing gotten uncontrolled?
We’ll have a look at how the federal government may also help encourage innovation by safety of property rights. We have got a meaty case research certain to warmth up class debate: whether or not you need to be capable to patent a reduce of steak.
And we’ll discover the monitor file of “industrial coverage ” — when governments attempt to reengineer the economic system and increase explicit sectors. This one takes us on a world journey to the literal ends of the earth, the place we watch a radical try to remake the worldwide provide chain.
Plus, this season we’ll be taking Planet Cash Summer time College dwell! You can buy tickets here!
On Aug. 18, on the Bell Home in New York Metropolis, be part of us for a dwell recording of Planet Cash Summer time College! Host Robert Smith and particular company will host a night of storytelling for the ages in addition to a commencement ceremony, financial trivia, video games and a very not-stressful evening of politics, economics and fixing the world’s issues. Observe: On this commencement ceremony, the diploma could be very actually value solely what you set into it.
VIP tickets embody early entry to the Bell Home and a meet and greet with Planet Cash workers.
- VIP early entry: 6:30 p.m.
- Doorways: 7 p.m.
- Present time: Aug. 18 at 7:30 p.m.
Planet Cash+ supporters get early entry to every episode of Planet Cash Summer time College all summer time lengthy and 10% of tickets to the occasion. Sign up here.
Supporting PM+ is one of the simplest ways to point out you worth our journalism and to assist us hold doing formidable reporting and rigorous fact-checking on the economic system proper now.
