Episode
The Problem With Our Not-At-All-Free Market
41:47
Published: Thu Oct 28 2021
Description
In this episode, Jon sits down with Claudia Sahm, a former Federal Reserve economist with a passion for dunking on Larry Summers. They discuss the American economic system, who gets that sweet government cheese, and why Jon wasn’t as wrong as Jamie Dimon insisted.We also have a hotline! Call in and ask us a question before we regret this idea entirely. The number is 1-212-634-7222.CREDITSHosted by: Jon StewartFeaturing, in order of appearance:Henrik Blix, Alexa Loftus, Claudia Sahm, Robby SlowikExecutive Produced by Jon Stewart, Brinda Adhikari, James Dixon, Chris McShane, and Richard Plepler.Lead Producer: Sophie EricksonProducers: Caity Gray, Robby SlowikAssoc. Producer: Andrea BetanzosSound Designer & Audio Engineer: Miguel Carrascal Assistant Sound Editor: Brian BonifacioSenior Digital Producer: Kwame OpamDigital Coordinator: Norma HernandezSupervising Producer: Lorrie BaranekHead Writer: Chelsea DevantezElements Producer: Kenneth HullTalent: Brittany Mehmedovic, Haley DenzakResearch: Susan Helvenston, Anne Bennett, Deniz Çam, Harjyot Ron Singh Theme Music by: Gary Clark Jr.The Problem With Jon Stewart podcast is an Apple TV+ podcast, produced by Busboy Productions. https://apple.co/-JonStewart
Chapters
The podcast is introducing a new hotline feature for audience engagement where listeners can leave voice messages for the show to respond to, and the phone number is available in the episode description.
00:00 - 01:36 (01:36)
Summary
The podcast is introducing a new hotline feature for audience engagement where listeners can leave voice messages for the show to respond to, and the phone number is available in the episode description. Additionally, the editing suite room closet is frequently occupied by a Chihuahua mix named Nelson.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
John shares his experience of getting his first staff writing job while working a non-comedy job of walking dogs.
01:36 - 05:45 (04:09)
Summary
John shares his experience of getting his first staff writing job while working a non-comedy job of walking dogs.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
In this podcast, a comedian shares his experience living in a loft bed and working at a comedy club late at night, while reflecting on the corruption of corporations that benefit from government subsidies.
05:45 - 09:44 (03:59)
Summary
In this podcast, a comedian shares his experience living in a loft bed and working at a comedy club late at night, while reflecting on the corruption of corporations that benefit from government subsidies.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
The idea that we live in a free market economy with a level playing field between labor and the investor class is a myth sold to the American public.
09:44 - 13:47 (04:02)
Summary
The idea that we live in a free market economy with a level playing field between labor and the investor class is a myth sold to the American public. In reality, the economic outcomes in the country are not the natural order of things, and the system is not truly a free market.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
The COVID-19 pandemic has brought forth a long-overdue conversation on the inequality between the labor and investor classes through policy at the Fed level, monetary policy, and legislative measures, with the need for a shift in power to enable real solutions to the problem.
13:47 - 18:31 (04:44)
Summary
The COVID-19 pandemic has brought forth a long-overdue conversation on the inequality between the labor and investor classes through policy at the Fed level, monetary policy, and legislative measures, with the need for a shift in power to enable real solutions to the problem.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
Despite the perception that giving direct money to people during a crisis is an entitlement and unsustainable, it has proven to be more efficient and beneficial for everyone.
18:31 - 25:13 (06:41)
Summary
Despite the perception that giving direct money to people during a crisis is an entitlement and unsustainable, it has proven to be more efficient and beneficial for everyone. However, there are separate conversations about equity in the tax system that should not be used to pay for the investments.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
In this episode, Betsey Stevenson explains how traditional economic measures and policies don't take into account the human element of pandemics, leading to a misunderstanding of the true impact on individuals and families.
25:13 - 31:28 (06:15)
Summary
In this episode, Betsey Stevenson explains how traditional economic measures and policies don't take into account the human element of pandemics, leading to a misunderstanding of the true impact on individuals and families.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
Senator Bennett proposed legislation for unemployment benefits to be put on autopilot, and both sides of the aisle agree that some type of reform is necessary for the sustainability of the current capitalism.
31:28 - 35:38 (04:09)
Summary
Senator Bennett proposed legislation for unemployment benefits to be put on autopilot, and both sides of the aisle agree that some type of reform is necessary for the sustainability of the current capitalism.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
The conversation revolves around Jamie Dimon's comments about the economy, with one participant criticizing his view and the need to understand basic assumptions about the economy.
35:38 - 38:44 (03:06)
Summary
The conversation revolves around Jamie Dimon's comments about the economy, with one participant criticizing his view and the need to understand basic assumptions about the economy.
EpisodeThe Problem With Our Not-At-All-Free Market
PodcastThe Problem With Jon Stewart
Senator Baldwin has sponsored bills that help veterans and rename post offices, but she is also introducing legislation to limit stock buybacks and allow workers to elect one third of their corporate board's members.
38:44 - 41:36 (02:52)
Summary
Senator Baldwin has sponsored bills that help veterans and rename post offices, but she is also introducing legislation to limit stock buybacks and allow workers to elect one third of their corporate board's members.