Quotes and Mentions - January 31, 2024
Content
A new book by Gerald Epstein, economics and a founding co-director of the Political Economy Research Institute, is profiled. “Busting the Bankers’ Club: Finance for the Rest of Us” outlines the failures of the U.S. financial system, the sources of its staying power and the path to meaningful economic reform.
Read More >
Jayati Ghosh, economics, was a panelist at The Hindu Lit Fest 2024, discussing how India can become a rich nation. She defined a wealthy nation as one that “provides everyone with basic needs and the possibility of a decent and dignified life,” which can happen at different levels of per capita income, so per capita income may not be the best measurement of a wealthy nation.
Read More >
“The only way to avoid repeated episodes of sellers’ inflation of the type we have experienced is for companies to find that there is a real cost to price hikes, [but] for this kind of strategy to be effective, more countries have to follow the French example.”
Isabella Weber, economics, comments about the recent decision by a French supermarket chain to stop selling PepsiCo products, citing PepsiCo’s unacceptable price increases.
Read More >
Jonathan Wynn, sociology, writes that even though the federal government requires nonprofit hospitals to regularly assess the health needs of their surrounding communities and publicly post a plan to address those concerns, many people living nearby struggle to get basic health care. Wynn and a colleague from Ohio University are authors of the 2023 book, “The City and the Hospital,” which examines the paradox of medically overserved communities.
Read More >