31. Dr. Thomas Palley explains how financialization changed capitalism

Dr. Palley earned his bachelor’s degree from Oxford University and both his master’s and Ph.D. in Economics and International Relations from Yale University. Thomas has been featured in numerous prominent journals and has featured in publications such as The Atlantic Monthly, American Prospect, and The Nation. He previously served as Chief Economist for the US-China Economic and Security Review Commission, an independent arm of government that analyzes bilateral trade between the US and China. Dr. Palley has authored several books including Restoring Shared Prosperity, Financialization, The Economic Crisis, and From Financial Crisis to Stagnation. Dr. Palley joined the Henry George School to discuss his vision of periods of American economic history, how the myth of“free markets” precluded the reality of mixed-market economies, and how financialization changes firms’ social behavior. To check out more of our content, including our research, visit our website: https://www.hgsss.org/