Description

Karl Marx’s thoughts on socialism are popular among politicians and humanities professors, but not so much among business people and economics professors. In this episode, Phil Magness, economic historian and author of The Best of Karl Marx, joins Words & Numbers to talk about how Marx’s teachings were on the way out but got resurrected by political leaders and academics.

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Quick hits

Jeff Bezos Giving $10 Billion

https://www.goodnewsnetwork.org/jeff-bezos-giving-away-10-billion-in-grants-for-fighting-climate-change/

Coronavirus Threatens Chinese Economy

https://www.bloombergquint.com/global-economics/millions-of-chinese-firms-face-collapse-if-banks-don-t-act-fast

Foolishness of the week

Flat Earth Experiment

https://www.usatoday.com/story/news/nation/2020/02/23/mad-mike-hughes-killed-homemade-rocket-crash-california/4849772002/

Topic of the week

The Best of Karl Marx

https://www.amazon.com/gp/product/B07ZY9TGTX?ref=dbs_p2d_P_R_popup_yes_pony_T1

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