What Is Economism, Why Does It Lead to Bad Policies?

The video discusses the concept of economism, which is the belief that basic economic principles like supply and demand can solve complex issues. It critiques this view by examining healthcare, trade, and the financial crisis, highlighting the limitations of markets in these areas. The video also covers the rise of populism and the legal case between Apple and Qualcomm, emphasizing the need for a strong social safety net and regulatory oversight.

In what ways did Donald Trump and Bernie Sanders address the concerns of people left behind by globalization?

What are some potential solutions to compensate those who are negatively affected by trade?

How did the financial crisis challenge the belief in deregulation of financial markets?