Jennifer Burns

I definitely believe in win-win, but with a big asterisk. Like you can have win-win, but it can feel like win-lose, which is it's not just are people getting more. It has a lot to do with do people feel they're getting more and do people feel they're getting what's fair and equal. So you could have a situation, you know, for instance, if you look at the history of the

Going back to Chile, it has steady growth, steady income growth, steady diminution of inequality, and a high level of discontent within the society and a high level of belief that the society is corrupt and unfair. And that's what matters. How people feel about it, how people perceive it matters.

Going back to Chile, it has steady growth, steady income growth, steady diminution of inequality, and a high level of discontent within the society and a high level of belief that the society is corrupt and unfair. And that's what matters. How people feel about it, how people perceive it matters.

Going back to Chile, it has steady growth, steady income growth, steady diminution of inequality, and a high level of discontent within the society and a high level of belief that the society is corrupt and unfair. And that's what matters. How people feel about it, how people perceive it matters.

And you can't, you know, we saw this recently, you can't just come out with a bunch of statistics and tell people you're winning in this game if they feel like they're losing. So that goes to all the non-rational factors and all the comparative factors that people have when they think about where they are vis-a-vis other people in society. So we're just incredibly social creatures.

And you can't, you know, we saw this recently, you can't just come out with a bunch of statistics and tell people you're winning in this game if they feel like they're losing. So that goes to all the non-rational factors and all the comparative factors that people have when they think about where they are vis-a-vis other people in society. So we're just incredibly social creatures.

And you can't, you know, we saw this recently, you can't just come out with a bunch of statistics and tell people you're winning in this game if they feel like they're losing. So that goes to all the non-rational factors and all the comparative factors that people have when they think about where they are vis-a-vis other people in society. So we're just incredibly social creatures.

We're incredibly attuned to our status, to rising and falling, to where we sit vis-a-vis others. And so that absolutely has to be attended to. It can't just be an economic analysis.

We're incredibly attuned to our status, to rising and falling, to where we sit vis-a-vis others. And so that absolutely has to be attended to. It can't just be an economic analysis.

We're incredibly attuned to our status, to rising and falling, to where we sit vis-a-vis others. And so that absolutely has to be attended to. It can't just be an economic analysis.

Yeah, I mean, this goes back to Keynes' analysis of the Great Depression, right? If people won't invest, if they're spooked, if the investing classes are spooked, you could be in real trouble. And in some ways, this simple analysis of the problem and proposal of a solution was enough to restore that.

Yeah, I mean, this goes back to Keynes' analysis of the Great Depression, right? If people won't invest, if they're spooked, if the investing classes are spooked, you could be in real trouble. And in some ways, this simple analysis of the problem and proposal of a solution was enough to restore that.

Yeah, I mean, this goes back to Keynes' analysis of the Great Depression, right? If people won't invest, if they're spooked, if the investing classes are spooked, you could be in real trouble. And in some ways, this simple analysis of the problem and proposal of a solution was enough to restore that.

eventually the path to academic prosperity right that's franklin roosevelt nothing to fear but fear itself you know the sense of we know we have a future we have optimism then you believe in it and to go back to like thinking about money right money works because we all believe in it you know it's it's a form of social trust and it's a it's a form of belief and faith in our society and in the other people in it and when that breaks down the money system will break down as well

eventually the path to academic prosperity right that's franklin roosevelt nothing to fear but fear itself you know the sense of we know we have a future we have optimism then you believe in it and to go back to like thinking about money right money works because we all believe in it you know it's it's a form of social trust and it's a it's a form of belief and faith in our society and in the other people in it and when that breaks down the money system will break down as well

eventually the path to academic prosperity right that's franklin roosevelt nothing to fear but fear itself you know the sense of we know we have a future we have optimism then you believe in it and to go back to like thinking about money right money works because we all believe in it you know it's it's a form of social trust and it's a it's a form of belief and faith in our society and in the other people in it and when that breaks down the money system will break down as well

No, I mean, what's interesting is he does talk, especially in his later work, he says we have fiat currency and this is an experiment, you know, and we don't know how it's going to turn out. And it's turning out okay right now, but we've always had a commodity-based or backed currency of some form or another. And this is the first time. And so who really knows? So far, so good.

No, I mean, what's interesting is he does talk, especially in his later work, he says we have fiat currency and this is an experiment, you know, and we don't know how it's going to turn out. And it's turning out okay right now, but we've always had a commodity-based or backed currency of some form or another. And this is the first time. And so who really knows? So far, so good.

No, I mean, what's interesting is he does talk, especially in his later work, he says we have fiat currency and this is an experiment, you know, and we don't know how it's going to turn out. And it's turning out okay right now, but we've always had a commodity-based or backed currency of some form or another. And this is the first time. And so who really knows? So far, so good.

And he also is very attuned. It's interesting in his later writings when he's thinking about this to, sure, I could design a monetary system that would be different. But when I look at history... I see that monetary systems have always, say, incorporated the role of the state because it's so important to people.