Odd Lots: US Caring Economy Has Been Broken for Years

On Bloomberg’s Odd Lots Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics.

The disruptions caused by the pandemic have revealed deep flaws in our supply chain for physical goods. Certain market failures that had been festering for years were suddenly exposed. But long before Covid-19 arrived, various forms of childcare, daycare, eldercare and healthcare had already seen costs explode and services unevenly distributed, even as those working in the care economy remained poorly compensated. On this episode of Odd Lots, Joe Weisenthal and Tracy Alloway speak to economist Nancy Folbre, Professor Emerita of Economics at UMass Amherst and Director of the Program on Gender and Care Work at the Political Economy Research Institute. They discuss why such crucial services have become so broken, and how they might be repaired.

Genre: Business

Duration: 00:48:02

Rights: Inflight & Transportation – Worldwide, TV/VOD – EMEA

For all licensing enquiries and screeners, please contact us HERE

This website contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than in accordance with the copyright notice, which forms part of these terms and conditions. Our full terms and conditions can be read online here.