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The Economics of Taxes with DT Cochrane

Summary:
Dr. DT Cochrane has graduate degrees in economics, and social and political thought. His research and publications have covered a range of topics including pipeline finance, big tech, and corporate power. Raised on a Saskatchewan ranch, he now lives in Peterborough with his partner and children. When not figuring out new ways to use pivot tables, he can be found reading fiction, taking photos, enjoying the outdoors. Website: https://www.taxfairness.ca #livestream #economics #tax #taxes #macroeconomics #economist

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Dr. DT Cochrane has graduate degrees in economics, and social and political thought. His research and publications have covered a range of topics including pipeline finance, big tech, and corporate power. Raised on a Saskatchewan ranch, he now lives in Peterborough with his partner and children. When not figuring out new ways to use pivot tables, he can be found reading fiction, taking photos, enjoying the outdoors.



Website: https://www.taxfairness.ca



#livestream #economics #tax #taxes #macroeconomics #economist
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

18 comments

  1. Another great show, with more great book suggestions:
    Understanding the Private–Public Divide: Markets, Governments, and Time Horizons by Avner Offer
    Good War: Mobilising Canada for the Climate Emergency by Seth Klein

    Thanks DT and everyone for a great chat!

  2. Michael de Sousa Cruz

    What do you think Ty, DT says there’s no such thing as Growth? I’m going to have to recycle all my #ReGrowth merchandise that I got stored in my shed! What am I to do?!

    Loving the Systems Dynamics Books. This is great stuff. Makes a lot of sense.

    • Yes, I really liked that it was a thermodynamic driven description. I have to say it was a great response to the the question.

      I'm looking forward to the day when you send me your first system dynamics model. I often think about a George Box's quote “All models are wrong, some are useful.” Basically all my models have been wrong, but I have gained some insights about how certain systems work because of what I created, I would be interested in what you could produce, I have no doubts that some good insights could be gathered.

    • Michael de Sousa Cruz

      @Ty Keynes thanks! I’m cooking up some ideas. I’ll certainly pass them by you. The great thing about any science is to test our ideas, have them proven wrong, but learn something new in the process and come up with new ideas to test.

      And I definitely know that Systems Dynamics is another piece to the puzzle for me, when I read in Sterman’s book Business Dynamics “Systems dynamics is fundamentally interdisciplinary”.
      I’ve just always been drawn to fields of study that try to connect to other fields and to other levels of thinking.

  3. GhostOnTheHalfShell

    On national service. For so many reasons national (or even state/local) service is a human and social good. For the years to come it becomes essential survival skills for people. We're going to need it.

    To say the least my views on the topic have changed dramatically over decades, not least because the consequence of a volunteer military has depleted the number of representatives that understand the military, what war means and have benefited from the experience of being pushed into working with people from across the country. There is a very different sense in US culture for the generations that lived through the War & Great Depression, you see it in the the old movie trailers and even Twilight Zone. "Feral" humanity is far more self organizing. "Consumer" humanity has been made rudderless.

    • JCResDocStudt94 l Verified l ᱬ l

      it is just so people dont get scared by MMT. "compulsory full employment" it more palatable for morons Normies than base "UBI for all" and more PT careers, & higher paying required jobs. _JC

    • GhostOnTheHalfShell

      @JCResDocStudt94 l Verified l ᱬ l MMT has nothing to do with UBI or national service. It was a topic discussed during the live stream. So if your point was that it was integral ,that's off point.

    • Current domestic national service in 🇺🇸 pays ~ $9/hr before taxes. And it’s not a lot of survival skills. Unless you mean surviving the endless piles of paperwork.

  4. I'm just sort of done with this whole thing. I think the basic premise of heterodox/mmt is sound, but so much on the periphery is problematic, in terms of the process of it. I should have just stuck with mathematics and engineering.

  5. I'm somewhat undecided on national service or conscription, because I do not like authoritarian measures from the government, although sometimes it's necessary. For national service to work, it would have to apply universally to all citizens, say for one year when you turn 18, and would have to train young people in all sorts of useful skills they would not learn elsewhere, such as wilderness survival skills, how to fish, hunt trap and grow food, how to fix a car, how to repair clothing and boots, first aid, and so on.

  6. Political Economy 101

    I nominate Quinn Slobodian (Canadian) and Brent Cebul to discuss their books in future videos, thanx

  7. JCResDocStudt94 l Verified l ᱬ l

    FREE STUFF, NO TAX! ^_^/! jk. gr8 entry. but national service? the thing people will do in the MMT space to avoid a permanent UBI base & PT workforce. tho it does make everything more sellable to Norms/Conservatives. Libs…well, i guess we can say it makes them look "responsible."

    but really it is just more bad policy to keep a "protestant work ethic." busy work. it will devolve immediately to busy work. with a class divide. _JC

  8. In my experience, it is really hard to pull together a 🇺🇸 bachelor degree that prepares you for a New Economics.

  9. I love this show. Always interesting!

  10. Christopher Dobbie

    Why don't it be told the truth that if the corporations don't pay their fair share of taxes that then the population will have to be taxed harder to reduce inflation?

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