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Back in 1992, Bill Clinton's campaign strategist, James Carville famously coined the phrase, "The economy, stupid!" That straight-forward declaration drives home two points. First, how fundamentally important the economy is to most of us, and secondly, how little we really understand about it.
Kansas City is home to some of the most innovative and important economic minds in the world. The economics department at the University of Missouri at Kansas City is the epicenter of an economic philosophy that calls to task both political sides, and has helped redefine the debate.
Today on Everyday KC? we are honored to be able to get our nerd on! We have as our very special guest, Dr. L. Randall Wray, a professor of economics at UMKC, and senior scholar at the Levy Economics Institute of Bard College in Annandale-on-Hudson, NY. Dr. Wray is considered by many to be one of the most important and out-spoken voices in the field of economics, worldwide.
If you think the talking heads on TV news really understand how the US economy works, then what Dr. Wray has to say will surprise you. He pulls no punches, takes on all comers and calls out some o the most influential of his own peers. All with a quiet, wry sense of humor and an ability to communicate even the most arcane and complex issues in easily understood, common-sense terms.
Our hope is that this show helps open up the dialogue about the economy to include not just the usual political party's talking points.
Listen at 10:00 on Everyday KC
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