Back to News
investment

<strong>Jamee Moudud on the Intellectual Roots of Zohranomics</strong>

Joe Weisenthal, Tracy Alloway
Loading...
2 min read
0 likes
⚡ Quantum Brief
NYC Mayor Zohran Mamdani’s economic policies, like rent control, challenge mainstream economic orthodoxy, sparking debates over their validity and historical rejection by conventional economists. Economist Jamee Moudud, a Sarah Lawrence College professor, argues economics cannot be studied in isolation from political and institutional contexts, framing it as inherently tied to power structures. The discussion traces how 19th- and 20th-century economic ideas were either embraced or marginalized, revealing how orthodoxy was shaped by historical and ideological forces rather than pure merit. Moudud’s work bridges economics and legal theory, suggesting that discarded "heterodox" ideas—like those influencing Mamdani—were sidelined due to institutional biases, not empirical failures. The interview explores why certain economic theories dominate while others remain fringe, questioning the neutrality of economic science in policy debates.
AI Audio Summary
0:00 / 0:00
Click to play
generated-image (58).png
Quantum News · Media Library

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000How the heterodoxy became the heterodoxy.Listen to Odd Lots on Apple PodcastsListen to Odd Lots on SpotifyWatch Odd Lots on YouTubeSubscribe to the newsletterNYC Mayor Zohran Mamdani has certain ideas that make mainstream economists' head explode. Anything in the ballpark of rent control, specifically, is widely derided by defenders of the orthodoxy. But how did the orthodoxy become the orthodoxy? And how did the heterodoxy become the heterodoxy? On this episode, we speak with Jamee Moudud, a professor of economics at Sarah Lawrence College. His scholarship sits at the intersection of economics and legal theory. He argues that one can not analyze the economy as if it were some separate thing that exists outside of the institutional and political realities of the time. We discuss the history of economics in the 19th and 20th centuries, and why certain ideas were adopted by the field, while others discarded and relegated to the margins.

Read Original

Tags

partnership

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.