Wednesday, June 24, 2009

Your Call 062409 Can good principles create bad economic policies?

What are the most widespread misconceptions about how our economy works? On the next Your Call we speak with New York Times columnist Robert H. Frank about his new book The Economic Naturalist's Field Guide: Common Sense Principles for Troubled Times. We all know the tax cuts for the wealthiest were good for rich people and bad for everyone else, right? Frank says they were pretty bad for the rich too. Would allowing companies to pay to pollute simply push environmental problems into the future? Frank says otherwise. Send us an email at feedback@yourcallradio.org or join us live at 11 am. Would economic policies based on empirical research work better than basing policy on ideology, left or right? It's Your Call with Sandip Roy and you.

Guest:
Robert H. Frank in San Francisco
Professor of economics at the Johnson Graduate School of Management at Cornell University. He is the author of several books including Falling Behind: How Rising Inequality Harms the Middle Class and most recently The Economic Naturalist's Field Guide: Common Sense Principles for Troubled Times.

Click to Listen: Can good principles create bad economic policies?