183. A New Economics for Society Wellbeing & Home

This Reboot Republic talks to Professor Emeritus of Economics of Trinity College Dublin, PJ Drudy about a new economics for society wellbeing and home. PJ lectured Rory on economics in his degree, and reveals how Rory was as a student! He also discusses the limits to understanding housing through a market theory of economics, as aspects such as housing demand do not capture need, it is based on ability to pay, which leads to exclusion. PJ and Rory discuss how markets fail all the time, and investor funds deliver housing as a profit generating commodity and therefore do not provide for housing need. They also talk hope in solutions such as the state building cost rental, affordable homes on scale, housing for disabled people, treating housing as a human right, and a culture change and the need for people to raise their voice to persuade for real change. PJ outlines a vision for an economics for society that places caring central. Please join us and help us stay independent and ad free in 2022 at patreon.com/tortoiseshack