Babes Talk Money is a deep dive into the world of alternative schools of economic thought. Ema and Julia throw down against the mainstream models and discuss their experiences as women in economics. Babes Talk Money originated on WOBC, Oberlin College and Community radio. New episodes air every wee…
Episode 5: Ecological Economics by Babes Talk Money
In this week's episode, Ema and Julia discuss Post Keynsian economics with special guest Josh Clemson, a fellow Oberlin College economics major. Post Keynsian is similar to the original Keynsian economics that emerged following the great depression, in that it highly encourages government spending and discourages high interest rates. However, Post-Keynsianism is unique in its founding of 'macroeconomics', which is an economic term for studying the aggregated economy, and its rejection of many of the norms of neoclassical economics, like equilibrium our old friend, Homo-economicus.
Episode 3: Austrian Economics by Babes Talk Money
In this episode Ema and Julia delve into the world of Behavioralism: a school of economic thought that strives to incorporate psychology into economic models. Easily one of our favorites, this school works with a more dynamic view of the average consumer and fundamentally challenges the mainstream idea of the profit driven consumer (aka Homoeconomicus).
In this pilot episode of Babes Talk Money, Oberlin College economics majors Ema Sagner and Julia Murphy discuss the merits of pluralism within the field of economics and some of drawbacks of the mainstream school of thought in economics today: Neoclassical. In addition, Ema and Julia will talk about their experiences as women in economics, at college, and at large.
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