James Galbraith: Governing With A Higher Purpose To Spur Innovation

The video features a discussion with Galbraith on his book 'The Predator State', exploring the intertwined roles of government and market in the modern economy. It highlights the challenges of predatory capitalism and the need for government reforms. The conversation also covers the importance of Social Security and Medicare, advocating against entitlement reform. Additionally, it discusses the benefits of raising the minimum wage and its potential positive impact on the economy.

What new insight or understanding did you gain from this video?