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Tune in each week as James Pethokoukis interviews economists, business leaders, academics and others on the most important and interesting issues of the day. You can find all episodes at AEI, Ricochet, and wherever podcasts are downloaded, and look for follow-up transcripts and blog posts at aei.org.
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Introduction to Political Economy looks at how politics and economics interrelate, but also how political economy can encompass a lot more than just politics and economics. Over the course of this podcast we will also be inviting scholars from different disciplines and perspectives to speak to us about how they approach these kinds of questions. Hosted by Noaman G. Ali, assistant professor of political economy at the Lahore University of Management Sciences in Pakistan.
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The Perspectives Journal Podcast complements the journal and opinions content of Perspectives: A Canadian Journal of Political Economy and Social Democracy, to bring out left-wing ideas and strategy in a new and ever-evolving format. The podcast features interviews with policy experts, to dig deeper into the progressive angles of the issues affecting working-class, ordinary Canadians. Hosted by editor-in-chief, Clement Nocos, the Perspectives Journal Podcast aims to bring forward timely anal ...
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This is Mill’s first work on economics. It foreshadows his Political Economy which was the standard Anglo-American Economics textbook of the late 19th and early 20th centuries. Mill’s economic theory moved from free market capitalism, to government intervention within the precepts of Utilitarianism, and finally to Socialism.
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Europe's New Political Economy

University College Dublin

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The Jean Monnet Centre of Excellence seeks to advance a critical debate on the new political economy of Europe. We are based at Dublin's European Institute (DEI) at University College Dublin. The DEI is the oldest and largest university centre for research on European politics in the Republic of Ireland. In this podcast we interview scholars, journalists, policymakers, and activists. Our focus is on the Centre's three key research themes: economic governance, democratic legitimacy, and prote ...
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Political Economy for the End Times

Political Economy for the End Times

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We are faced with intersecting crises. The world economy has remained stagnant since 2008. The European project confronts a series of existential threats. Several Latin American economies are wracked by devastating economic imbalances. Even the Chinese juggernaut appears to be slowing. The natural world is groaning under the strain of capitalism’s ravenous appetite. And the most jarring political mobilisation that has arisen to meet these threats is a form of chauvinistic nativism. A politic ...
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Earlier this fall, The Alberta Federation of Labour released a new report entitled Power in the Public Interest: Re-regulation and increased public ownership in Alberta’s electricity sector. A headline from a press release of the report reads: “Albertans have overpaid $24 billion for electricity since 2001.” This is long before the interruptions an…
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In a joint statement by Environmental Defence Canada released on October 28th at the Transit for Tomorrow Summit in Ottawa, a number of mayors and municipal representatives from cities across Canada, public transit activist groups and transit agencies like the STM in Montreal, declared: “Transit is the most powerful method of tackling traffic conge…
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Alex Himelfarb argues that neoliberalism – or “capitalism with the gloves off” – has become embedded in the fabric of Canadian government and society, and has not yet died off despite its reckoning. Neoliberalism is not dead, according to former Clerk of the Privy Council and Broadbent Institute research fellow Alex Himelfarb. The ideology that per…
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Chiara Padovani details her political journey in organizing renters and defending tenant rights against the encroachment of for-profit interests in housing. Toronto, like other cities across Canada, has been coping with the rising housing affordability crisis as inflated rents, increased evictions, and massive real estate investment firms have beco…
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The US government has acted as major contributor to science research since the mid-20th century, both in terms of broad basic research and targeted projects. As industrial policy has gained traction, especially during the Biden Administration, the distinction between industrial and science policy has become increasingly obscure. Hybrid policies lik…
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It is important for policymakers to use evidence, like data and statistics, to make sound policy decisions. However, governments across Canada and in other places around the world continue to make policy decisions that affect trans lives and livelihoods, while data collection and maintenance on trans people remain lacking or incomplete. Despite adv…
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Despite Canada’s celebrated health care model, a lack of robust and universal drug coverage has resulted in a “fragmented system” that leaves ordinary Canadians without adequate care. Bill C-64 titled An Act Respecting Pharmacare was recently passed in Canada. Providing the framework for universal public drug coverage in Canada, Bill C-64 has been …
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Walmart is notorious for its anti-union practices, pouring millions of dollars into union-busting campaigns every year. But this didn’t stop Angela Drew Kimelman, an Organizer at Unifor, from helping unionize over 800 workers at a Walmart warehouse in Mississauga, Ontario. In our first episode of Activists Make History, a new podcast series from Pe…
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'Activists Make History' is a new podcast series from Perspectives Journal, hosted by Peggy Nash, author of 'Women Winning Office: An Activist’s Guide to Getting Elected' As a union activist, feminist advocate, and former member of Parliament in Canada's House of Commons, Nash knows what it's like to start from scratch against the odds. In Activist…
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Private nursing agencies are have grown in number and use amid the crises facing the healthcare sector by filling the gaps in chronic understaffing. The Canadian Federation of Nurses Unions’ new report Opening the black box: Unpacking the use of nursing agencies in Canada reveals just how much this reliance on nursing agencies has cost. Dr. Joan Al…
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Corporate tax breaks and loopholes in Canada have contributed heavily to the affordability crisis argues Silas Xuereb, researcher at Canadian for Tax Fairness, PhD candidate at University of Massachusetts, Amherst, and author of a new report entitled, How tax breaks are worsening Canada's housing affordability crisis. Outside of calls to build hous…
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When public services malfunction, such as the Phoenix Pay scandal or the failure of the pandemic travel ArriveCan app occur, it is easy to point the finger at the government and the political party in power. As Chris Hurl and Leah Werner describe in our latest Perspectives Journal podcast episode, there is some truth to this, but The Consulting Tra…
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The price of carbon is in the news again with Conservatives in Canada, and around the world where carbon pricing schemes exist, fuel backlash against the climate policy. Adding to their opposition to carbon pricing policy is today's profit-induced inflation and affordability crisis. For the centrist regimes that pushed for this market-mechanism as …
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After a long summer break for the Perspectives Journal Podcast, we’re back! With the problematic Temporary Foreign Workers Program in the news, as well as growing anti-immigrant sentiment across Canada and other Western countries, we kicked off this season asking what’s behind this narrative, who’s to blame, and what the working-class is doing to f…
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Computer chips are the driving force behind everything from smartphones and cars to military defense systems and artificial intelligence. Not only are they the essential element of modern digital infrastructure, they are a critical element in the global balance of power. Taiwan is home to the most advanced and productive chip plants in the world, p…
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Growth is good for everyone in an economy, but it is also inherently disruptive. Today on Political Economy, I talk to Glenn Hubbard about why fear of change can trap us in an economic zero-sum game, and how embracing the growing pains of innovation can free us from that scenario, making things better for everybody. Hubbard is a nonresident senior …
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The Biden administration has set ambitious goals to decrease US carbon emissions. Starting in 2022, the Inflation Reduction Act granted clean energy tax credits to businesses in hopes of encouraging a greener economy. Kyle and Shuting Pomerleau see a carbon tax as a superior approach. To offset any regressive effects, they propose a revenue swap, u…
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American families are getting smaller, even as parents spend more time parenting; and while quality of life has ostensibly gone up, our willingness to bring children into our abundant world has seemingly gone down. Economists try to pinpoint market explanations and propose policy solutions to the falling birthrate, but Tim Carney has a more basic e…
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The 2024 Ellen Meiksins Wood Lecture was held on Thursday, May 30th in partnership with Toronto Metropolitan University’s Faculty of Arts. A special thanks to TMU Interim Dean of Arts Amy Peng for hosting this Broadbent Institute event. Ellen Meiksins Wood was one of the left’s foremost theorists on democracy and history, and often promoted the ide…
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The US dollar is the dominant global currency, but is it possible that the dollar could one day lose its top-tier status? And, if so, would that necessarily be a bad thing? To find out the answers to those and other questions, I asked AEI’s Steven Kamin. Kamin’s research at AEI centers on international macroeconomics and finance. Prior to AEI, Kami…
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The housing crisis is apparent for most ordinary Canadians, especially for those paying rents and mortgages that feel increasingly out of reach. Recent data shows that among wealthy countries, Canada's housing cost increases have seen the fastest decoupling from income growth, and with that accelerated price inflation, according to Jeremy Withers, …
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When it comes to deploying a new technology, there are no guarantees. While developers and policymakers do their best to minimize risk, innovation always requires a leap of faith. The policy debate around artificial intelligence seems to be a guessing game on all sides. Today, I talk with Bronwyn Howell about how we should be thinking about regulat…
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To help make Canada into a “good society,” Ed Broadbent was a major proponent of “industrial strategy” throughout the 1970s and 80s as leader of Canada’s NDP, to use this policy vision for social democratic change and challenge the dominance of market mechanisms, ultimately to the working-class the tools to build a just and equal economic democracy…
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In today’s apparently well-performing capitalist economy, working-class ordinary Canadians aren’t feeling like they live in a "Good Society" and acutely feel these economic pressures. Price inflation, lagging productivity, and record profits. These are the economic indicators that policymakers use to say that the economy is doing so well, and which…
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This conversation with Nancy Fraser explores her work on the crises of capitalism, democracy, and participation. She is interviewed by Nick Vlahos, Deputy Director at the Center for Democracy Innovation, and Adrian Bua, Marie Curie-Sklodowska Fellow at the Autonomous University of Barcelona, ahead of their forthcoming co-edited special volume of th…
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The Child Tax Credit is a tax benefit available to many American families for the purpose of reducing their federal income tax liability. It’s specifically designed to help offset the cost of raising children. The CTC of today, however, differs starkly from its pre-pandemic structure. Many economists, including Kevin Corinth, think that the post-pa…
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Generation after generation seem to pine for “the good old days,” an elusive time when many of us think morals, institutions, and the quality of life, in general, were higher. Americans are no exception to this rule, but there’s something unique about American nostalgia. While we reminisce about the past, we also owe much of our success as a nation…
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Medicare is a trillion-dollar federal health insurance program designed to meet the medical needs of senior citizens and Americans with disabilities. Yet, despite its staggering amount of funding, Medicare is far from a perfect system. Here on Political Economy, I sit down with Joe Antos to discuss the current state of Medicare and its systemic cha…
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