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Currently Playing: Why Politicians Keep Getting It So Wrong

Every Political and Economic debate about poverty and inequality goes the same way. Left says redistribute. Right says grow grow grow. Round and round. Why is it so endlessly circular - and why does nothing ever actually get fixed? One reason could be that there's an entire category of evidence that never makes it into the room We account for bias in medicine, law, and aviation. We just don't do it in economic policy. This video is about why that has to change. Sources mentioned: Keltner, D. - The Power Paradox Kraus, M.W. et al. - Social class, solipsism, and contextualism Mirror neuron / wealth research - Sukvinder Obhi I’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality. This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame. How to Support Barry’s Economics Help us stay independent and keep making videos like this. https://www.buymeacoffee.com/barryseconomics https://ko-fi.com/barryseconomics https://www.patreon.com/barryseconomics Subscribe for future videos: https://www.youtube.com/@barryeconomics More about me: https://barryferns.co.uk/ You can also follow me on Tiktok: tiktok.com/@barryseconomics Instagram: instagram.com/barryseconomics Listen on Spotify: https://open.spotify.com/show/0vgya63dtCFD5tjODr7BEK?si=Bb6ftvByR1-6vG0Q2BTmMg Twitter: twitter.com/barryseconomics Substack: https://substack.com/@barryseconomics Reddit: https://www.reddit.com/user/barryferns/ If you’re new to this, check out @garyseconomics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side. Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00 Want to see the stand-up side of all this? Find my live comedy and storytelling here: https://www.youtube.com/@mrbarryferns To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/ #BarrysEconomics #GarysEconomics #Inequality #BehaviouralEconomics #SocialJustice #BarryFerns #ComedyWithDepth