‘I Didn’t Know I Was Sitting in a Pool of Poison’

In 2016, high levels of per- and polyfluoroalkyl substances—PFAS—were discovered in Monette’s drinking water well at her home in the upstate New York town of Petersburgh, along with the wells of many of her neighbors. Petersburgh’s municipal water supply was also tainted, as was the Little Hoosic River, where Monette liked to cool off. “I didn’t know I was sitting in a pool of poison,” says Monette, a 68-year-old retired elementary school art teacher who taught at a local school district.

Josh Farley — The Myths Shaping Our Economies: The Disconnect between Economic Theory and Reality

In this conversation, Nate is joined by ecological economist Josh Farley to explore the persistent myths taught in business schools, and the disconnect between economic theory and reality. Building on Nate’s recent Frankly episode, they unpack topics like the misconception between value and price, how GDP is a flawed measure of well-being, the truth about debt, and the ripple effects these have across market dynamics.