Pavlina Tcherneva - Bottom Up Fiscal Policy: Direct Employment of the Unemployed

Palena, a professor of economics, discusses her grant on reorienting fiscal policy with a bottom-up approach. She critiques the traditional trickle-down economics and advocates for a direct employment policy. Her long-standing interest in fiscal policy stems from her college years, influenced by Keynesian economics. Palena balances academic research with policy advocacy, aiming to impact both fields. She emphasizes teaching Keynes and Minsky to her students, fostering engagement and understanding of economic theories.

How does the speaker view the relationship between fiscal policy and economic growth?

What role does the speaker see for themselves in relation to policymakers?

What historical context does the speaker provide for their interest in employment issues?