{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Frsa-podcasts.simplecast.com%2Fepisodes%2Fshould-we-ignore-economic-theory-uAqc2ltE","width":444,"version":"1.0","type":"rich","title":"Should we ignore economic theory? ","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/83c51ce7-bd83-46d7-b0e0-263aed249931/4f994d61-d60f-4a38-b4a9-e39ac4a13239/conversations.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/114eb969-a1fa-4a2e-a641-05a6c49a9ea6\" height=\"200\" width=\"100%\" title=\"Should we ignore economic theory? \" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"There's an old joke about economists that goes something like this: 'it works well in practise, but does it work in theory?'. \n\nEconomic theories and models are slavishly relied upon by successive governments to determine tax rises, minimum wage rates, and much more. Investigative reporter, Tom Bergin, believes it's time for a rethink. In this podcast, he explains why. "}