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Podcast |
Hidden Brain
Publisher |
Hidden Brain
Media Type |
audio
Categories Via RSS |
Arts
Performing Arts
Science
Social Sciences
Publication Date |
Jun 22, 2020
Episode Duration |
00:48:34

Policymakers have a tried-and-true game plan for jump-starting the economy in times of severe recession: Push stimulus packages and lower interest rates so Americans will borrow and spend. But economist Amir Sufi says the way we traditionally address a recession is deeply flawed. He argues that by encouraging "sugar-rush" solutions, the nation is putting poor and middle-class Americans and the entire economy at even greater risk. This week we look at the role of debt as a hidden driver of recessions, and how we might create a more stable system.

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