Confluence of Ideas - Equality & Efficiency

What this episode covers

In this episode, we explain the equality/efficiency cycle, which is based on the seminal work of the economist Arthur Okun and the cycle work of Peter Turchin. The cycle explains how societies shift from focusing on equality, which usually includes policies favoring regulation, autarky, and high marginal taxes, to efficiency, where policies of deregulation, globalization, and low marginal tax rates dominate. Confluence Chief Market Strategist Bill O'Grady discusses where the U.S. is in this cycle and the impact on American hegemony.

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Frequently Asked Questions

How long is this episode of Confluence Podcasts?

This episode is 20 minutes long.

When was this Confluence Podcasts episode published?

This episode was published on December 6, 2019.

What is this episode about?

In this episode, we explain the equality/efficiency cycle, which is based on the seminal work of the economist Arthur Okun and the cycle work of Peter Turchin. The cycle explains how societies shift from focusing on equality, which usually includes...

Can I download this Confluence Podcasts episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.