Odd Lots: Why Politics Is Economists’ Blindspot

Trade unions, rent stabilization and price controls — these are policies that conventional economics tells us capitalism would be better off without. Professor James Robinson of the University of Chicago joins Joe Weisenthal and Tracy Alloway to explain why he thinks economists need to consider politics to establish a more inclusive institution. They spoke on the Odd Lots podcast, recorded live at Chicago's City Winery. (Source: Bloomberg)

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