BBI #157: The Deflationary Bloc w/ Yakov Feygin

Economic policy changed in the wake of the 1970s stagflation. To what extent have the institutional shifts that brought us decades of relative price-level stability also obstructed our economy from properly serving the people?

In his January 2021 Phenomenal World essay "The Deflationary Bloc," Economic Historian Yakov Feyin argues that entrenched political interests have sacrificed wages, consumer prices, economic growth, and financial stability at the altar of asset prices.

https://phenomenalworld.org/analysis/deflation-inflation

Dr. Feygin joins us this week to discuss.

Previous related Boston Basic Income topics have included:

BBI #84: Deflation
https://youtu.be/M_D-tXba3cA

BBI #126: Neoliberalism
https://anchor.fm/bostonbasicincome/episodes/126--Neoliberalism-em3m2n

BBI #155: Financial Instability
https://youtu.be/JYLG8D2QgHM

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The discussion will be streamed live at this URL:
https://www.youtube.com/bostonbasicincome/live

It will also be available in podcast form in the following days:
https://anchor.fm/bostonbasicincome

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