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Travis means “to cross.” And Travis always does. But is it chaos… or prophecy?In this episode, we unpack what science says about the power of names—and what culture has already decided about anyone named Travis. From subtle psychological biases to outright stereotypes, we explore how your name can quietly write your story before you even begin it.Someone's gotta go first.Might as well be him.Sources & References:Nuttin, J. M. (1985). “The Name Letter Effect.”Pelham, B. W., Mirenberg, M. C., & Jones, J. T. (2002). “Why Susie Sells Seashells by the Seashore: Implicit Egotism and Major Life Decisions.” Journal of Personality and Social Psychology.Bertrand, M., & Mullainathan, S. (2004). “Are Emily and Greg More Employable Than Lakisha and Jamal?” American Economic Review.Rosenthal, R., & Jacobson, L. (1968). “Pygmalion in the Classroom.”Mehrabian, A. (2001). “Characteristics Attributed to Names.”Pelham, B. W., & Carvallo, M. (2015). “The Surprising Role of Implicit Self-Esteem in Motivation.”
Civil conflict has plagued much of Africa, with ethnically diverse countries experiencing particularly high rates of violence. Yet within these nations, patterns vary, leading to questions of why some groups rebel while others do not and why a given group rebels at certain times but not at other times. In a paper in the American Economic Review, author Eleonora Guarnieri untangles the factors that drive groups to rebel against their central government. She shows that when ethnicities become more culturally distant from those in power, their likelihood of engaging in civil conflict increases significantly. Her research suggests that conflicts arise as a result of ethnic favoritism in resource distribution and from fundamental disagreements over the types of public goods that central governments should provide. Guarnieri recently spoke with Tyler Smith about how she estimated the impact of cultural distance on civil conflict, and what her findings may mean for reducing violence across Africa's diverse societies.
Hello Interactors,This week, I've been reflecting on the themes of my last few essays — along with a pile of research that's been oddly in sync. Transit planning. Neuroscience. Happiness studies. Complexity theory. Strange mix, but it keeps pointing to the same thing: cities aren't just struggling with transportation or housing. They're struggling with connection. With meaning. With the simple question: what kind of happiness should a city make possible? And why don't we ask that more often?STRANGERS SHUNNED, SYSTEMS SIMULATEDThe urban century was supposed to bring us together. Denser cities, faster mobility, more connected lives — these were the promises of global urbanization. Yet in the shadow of those promises, a different kind of city has emerged in America with growing undertones elsewhere: one that increasingly seeks to eliminate the stranger, bypass friction, and privatize interaction.Whether through algorithmically optimized ride-sharing, private tunnels built to evade street life, or digital maps simulating place without presence for autonomous vehicles, a growing set of design logics work to render other people — especially unknown others — invisible, irrelevant, or avoidable.I admit, I too can get seduced by this comfort, technology, and efficiency. But cities aren't just systems of movement — they're systems of meaning. Space is never neutral; it's shaped by power and shapes behavior in return. This isn't new. Ancient cities like Teotihuacan (tay-oh-tee-wah-KAHN) in central Mexico, once one of the largest cities in the world, aligned their streets and pyramids with the stars. Chang'an (chahng-AHN), the capital of Tang Dynasty China, used strict cardinal grids and walled compounds to reflect Confucian ideals of order and hierarchy. And Uruk (OO-rook), in ancient Mesopotamia, organized civic life around temple complexes that stood at the spiritual and administrative heart of the city.These weren't just settlements — they were spatial arguments about how people should live together, and who should lead. Even Middle Eastern souks and hammams were more than markets or baths; they were civic infrastructure. Whether through temples or bus stops, the question is the same: What kind of social behavior is this space asking of us?Neuroscience points to answers. As Shane O'Mara argues, walking is not just transport — it's neurocognitive infrastructure. The hippocampus, which governs memory, orientation, and mood, activates when we move through physical space. Walking among others, perceiving spontaneous interactions, and attending to environmental cues strengthens our cognitive maps and emotional regulation.This makes city oriented around ‘stranger danger' not just unjust — but indeed dangerous. Because to eliminate friction is to undermine emergence — not only in the social sense, but in the economic and cultural ones too. Cities thrive on weak ties, on happenstance, on proximity without intention. Mark Granovetter's landmark paper, The Strength of Weak Ties, showed that it's those looser, peripheral relationships — not our inner circles — that drive opportunity, creativity, and mobility. Karl Polanyi called it embeddedness: the idea that markets don't float in space, they're grounded in the social fabric around them.You see it too in scale theory — in the work of Geoffrey West and Luís Bettencourt — where the productive and innovative energy of cities scales with density, interaction, and diversity. When you flatten all that into private tunnels and algorithmic efficiency, you don't just lose the texture — you lose the conditions for invention.As David Roberts, a climate and policy journalist known for his systems thinking and sharp urban critiques, puts it: this is “the anti-social dream of elite urbanism” — a vision where you never have to share space with anyone not like you. In conversation with him, Jarrett Walker, a transit planner and theorist who's spent decades helping cities design equitable bus networks, also pushes back against this logic. He warns that when cities build transit around avoidance — individualized rides, privatized tunnels, algorithmic sorting — they aren't just solving inefficiencies. They're hollowing out the very thing that makes transit (and cities) valuable and also public: the shared experience of strangers moving together.The question isn't just whether cities are efficient — but what kind of social beings they help us become. If we build cities to avoid each other, we shouldn't be surprised when they crumble as we all forget how to live together.COVERAGE, CARE, AND CIVIC CALMIf you follow urban and transit planning debates long enough, you'll hear the same argument come up again and again: Should we focus on ridership or coverage? High-frequency routes where lots of people travel, or wide access for people who live farther out — even if fewer use the service? For transit nerds, it's a policy question. For everyone else, it's about dignity.As Walker puts it, coverage isn't about efficiency — it's about “a sense of fairness.” It's about living in a place where your city hasn't written you off because you're not profitable to serve. Walker's point is that coverage isn't charity. It's a public good, one that tells people: You belong here.That same logic shows up in more surprising places — like the World Happiness Report. Year after year, Finland lands at the top. But as writer Molly Young found during her visit to Helsinki, Finnish “happiness” isn't about joy or euphoria. It's about something steadier: trust, safety, and institutional calm. What the report measures is evaluative happiness — how satisfied people are with their lives over time — not affective happiness, which is more about momentary joy or emotional highs.There's a Finnish word that captures this. It the feeling you get after a sauna: saunanjälkeinen raukeus (SOW-nahn-yell-kay-nen ROW-keh-oos) — the softened, slowed state of the body and mind. That's what cities like Helsinki seem to deliver: not bliss, but a stable, low-friction kind of contentment. And while that may lack sparkle, it makes people feel held.And infrastructure plays a big role. In Helsinki, the signs in the library don't say “Be Quiet.” They say, “Please let others work in peace.” It's a small thing, but it speaks volumes — less about control, more about shared responsibility. There are saunas in government buildings. Parents leave their babies sleeping in strollers outside cafés. Transit is clean, quiet, and frequent. As Young puts it, these aren't luxuries — they're part of a “bone-deep sense of trust” the city builds and reinforces. Not enforced from above, but sustained by expectation, habit, and care.My family once joined an organized walking tour of Copenhagen. The guide, who was from Spain, pointed to a clock in a town square and said, almost in passing, “The government has always made sure this clock runs on time — even during war.” It wasn't just about punctuality. It was about trust. About the quiet promise that the public realm would still hold, even when everything else felt uncertain. This, our guide noted from his Spanish perspective, is what what make Scandinavians so-called ‘happy'. They feel held.Studies show that most of what boosts long-term happiness isn't about dopamine hits — it's about relational trust. Feeling safe. Feeling seen. Knowing you won't be stranded if you don't have a car or a credit card. Knowing the city works, even if you don't make it work for you.In this way, transit frequency and subtle signs in Helsinki are doing the same thing. They're shaping behavior and reinforcing social norms. They're saying: we share space here. Don't be loud. Don't cut in line. Don't treat public space like it's only for you.That kind of city can't be built on metrics alone. It needs moral imagination — the kind that sees coverage, access, and slowness as features, not bugs. That's not some socialist's idea of utopia. It's just thoughtful. Built into the culture, yes, but also the design.But sometimes we're just stuck with whatever design is already in place. Even if it's not so thoughtful. Economists and social theorists have long used the concept of path dependence to explain why some systems — cities, institutions, even technologies — get stuck. The idea dates back to work in economics and political science in the 1980s, where it was used to show how early decisions, even small ones, can lock in patterns that are hard to reverse.Once you've laid train tracks, built freeways, zoned for single-family homes — you've shaped what comes next. Changing course isn't impossible, but it's costly, slow, and politically messy. The QWERTY keyboard is a textbook example: not the most efficient layout, but one that stuck because switching systems later would be harder than just adapting to what we've got.Urban scholars Michael Storper and Allen Scott brought this thinking into city studies. They've shown how economic geography and institutional inertia shape urban outcomes — how past planning decisions, labor markets, and infrastructure investments limit the options cities have today. If your city bet on car-centric growth decades ago, you're probably still paying for that decision, even if pivoting is palatable to the public.CONNECTIONS, COMPLEXITY, CITIES THAT CAREThere's a quote often attributed to Stephen Hawking that's made the rounds in complexity science circles: “The 21st century will be the century of complexity.” No one's entirely sure where he said it — it shows up in systems theory blogs, talks, and books — but it sticks. Probably because it feels true.If the last century was about physics — closed systems, force, motion, precision — then this one is about what happens when the pieces won't stay still. When the rules change mid-game. When causes ripple back as consequences. In other words: cities.Planners have tried to tame that complexity in all kinds of ways. Grids. Zoning codes. Dashboards. There's long been a kind of “physics envy” in both planning and economics — a belief that if we just had the right model, the right inputs, we could predict and control the city like a closed system. As a result, for much of the 20th century, cities were designed like machines — optimized for flow, separation, and predictability.But even the pushback followed a logic of control — cul-de-sacs and suburban pastoralism — wasn't a turn toward organic life or spontaneity. It was just a softer kind of order: winding roads and whispered rules meant to keep things calm, clean, and contained…and mostly white and moderately wealthy.If you think of cities like machines, it makes sense to want control. More data, tighter optimization, fewer surprises. That's how you'd tune an engine or write software. But cities aren't machines. They're messy, layered, and full of people doing unpredictable things. They're more like ecosystems — or weather patterns — than they are a carburetor. And that's where complexity science becomes useful.People like Paul Cilliers and Brian Castellani have argued for a more critical kind of complexity science — one that sees cities not just as networks or algorithms, but as places shaped by values, power, and conflict. Cilliers emphasized that complex systems, like cities, are open and dynamic: they don't have fixed boundaries, they adapt constantly, and they respond to feedback in ways no planner can fully predict. Castellani extends this by insisting that complexity isn't just technical — it's ethical. It demands we ask: Who benefits from a system's design? Who has room to adapt, and who gets constrained? In this view, small interventions — a zoning tweak, a route change — can set off ripple effects that reshape how people move, connect, and belong. A new path dependence.This is why certainty is dangerous in urban design. It breeds overconfidence. Humility is a better place to start. As Jarrett Walker puts it, “there are all kinds of ways to fake your way through this.” Agencies often adopt feel-good mission statements like “compete with the automobile by providing access for all” — which, he notes, is like “telling your taxi driver to turn left and right at the same time.” You can't do both. Not on a fixed budget.Walker pushes agencies to be honest: if you want to prioritize ridership, say so. If you want to prioritize broad geographic coverage, that's also valid — but know it will mean lower ridership. The key is not pretending you can have both at full strength. He says, “What I want is for board members… to make this decision consciously and not be surprised by the consequences”.These decisions matter. A budget cut can push riders off buses, which then leads to reduced service, which leads to more riders leaving — a feedback loop. On the flip side, small improvements — like better lighting, a public bench, a frequent bus — can set off positive loops too. Change emerges, often sideways.That means thinking about transit not just as a system of movement, but as a relational space. Same with libraries, parks, and sidewalks. These aren't neutral containers. They're environments that either support or suppress human connection. If you design a city to eliminate friction, you eliminate chance encounters — the stuff social trust is made of.I'm an introvert. I like quiet. I recharge alone. But I also live in a city — and I've learned that even for people like me, being around others still matters. Not in the chatty, get-to-know-your-neighbors way. But in the background hum of life around you. Sitting on a bus. Browsing in a bookstore. Walking down a street full of strangers, knowing you don't have to engage — but you're not invisible either.There's a name for this. Psychologists call it public solitude or sometimes energized privacy — the comfort of being alone among others. Not isolated, not exposed. Just held, lightly, in the weave of the crowd. And the research backs it up: introverts often seek out public spaces like cafés, libraries, or parks not to interact, but to feel present — connected without pressure.In the longest-running happiness study ever done, 80 years, Harvard psychologist Robert Waldinger found that strong relationships — not income, not status — were the best predictor of long-term well-being. More recently, studies have shown that even brief interactions with strangers — on a bus, in a coffee shop — can lift mood and reduce loneliness. But here's the catch: cities have to make those interactions possible.Or they don't.And that's the real test of infrastructure. We've spent decades designing systems to move people through. Fast. Clean. Efficient. But we've neglected the quiet spaces that let people just be. Sidewalks you're not rushed off of. Streets where kids can safely bike or play…or simply cross the street.Even pools — maybe especially pools. My wife runs a nonprofit called SplashForward that's working to build more public pools. Not just for fitness, but because pools are public space. You float next to people you may never talk to. And still, you're sharing something. Space. Water. Time.You see this clearly in places like Finland and Iceland, where pools and saunas are built into the rhythms of public life. They're not luxuries — they're civic necessities. People show up quietly, day after day, not to socialize loudly, but to be alone together. As one Finnish local told journalist Molly Young, “During this time, we don't have... colors.” It was about the long gray winter, sure — but also something deeper: a culture that values calm over spectacle. Stability over spark. A kind of contentment that doesn't perform.But cities don't have to choose between quiet and joy. We don't have to model every system on Helsinki in February. There's something beautiful in the American kind of happiness too — the loud, weird, spontaneous moments that erupt in public. The band on the subway. The dance party in the park. The loud kid at the pool. That kind of energy can be a nuisance, but it can also be joyful.Even Jarrett Walker, who's clear-eyed about transit, doesn't pretend it solves everything. Transit isn't always the answer. Sometimes a car is the right tool. What matters is whether everyone has a real choice — not just those with money or proximity or privilege. And he's quick to admit every city with effective transit has its local grievances.So no, I'm not arguing for perfection, or even socialism. I'm arguing for a city that knows how to hold difference. Fast and slow. Dense and quiet. A city that lets you step into the crowd, or sit at its edge, and still feel like you belong. A place to comfortably sit with the uncertainty of this great transformation emerging around us. Alone and together.REFERENCESCastellani, B. (2014). Complexity theory and the social sciences: The state of the art. Routledge.Cilliers, P. (1998). Complexity and postmodernism: Understanding complex systems. Routledge.David, P. A. (1985). Clio and the economics of QWERTY. The American Economic Review.Granovetter, M. (1973). The strength of weak ties. American Journal of Sociology.Hawking, S. (n.d.). The 21st century will be the century of complexity. [Attributed quote; primary source unavailable].O'Mara, S. (2019). In praise of walking: A new scientific exploration. W. W. Norton & Company.Roberts, D. (Host). (2025). Jarrett Walker on what makes good transit [Audio podcast episode]. In Volts.Storper, M., & Scott, A. J. (2016). Current debates in urban theory: A critical assessment. Urban Studies.Waldinger, R., & Schulz, M. (2023). The good life: Lessons from the world's longest scientific study of happiness. Simon & Schuster.Walker, J. (2011). Human transit: How clearer thinking about public transit can enrich our communities and our lives. Island Press.West, G., & Bettencourt, L. M. A. (2010). A unified theory of urban living. Nature.Young, M. (2025). My miserable week in the ‘happiest country on earth'. The New York Times Magazine. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit interplace.io
Welcome to this week's episode of The Mixed Tape with Scott. I'm your host, Scott Cunningham. This podcast is devoted to the personal stories of living economists, diving into their lives, careers, and the fascinating paths they've walked.This week's guest is Michael Anderson, an economist from the University of California Berkeley's Department of Agricultural Resource Economics. Michael earned his PhD at MIT in 2006 under the mentorship of Josh Angrist, making him part of a broader narrative I've been exploring—the Princeton Industrial Relations Section and the influential lineage of scholars who shaped the modern credibility revolution in economics.In our conversation, we touch on Michael's rich and varied research. We discuss his insights into the returns to college athletic success, delve into his foundational work on the Perry Preschool program and the challenge of multiple inference, and explore the real-world impacts outlined in his American Economic Review paper on subway strikes and slowdowns. As always, though, this episode is much more than just research highlights—it's about Michael's journey through economics, his stories, and the experiences that have defined his path. I hope you enjoy the show!Scott's Mixtape Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Mixtape Substack at causalinf.substack.com/subscribe
with @mostrovs @skominers @rhhackettWelcome to web3 with a16z. I'm your host Robert Hackett, and today we're talking about congestion pricing — an area of mechanism design that's aimed at alleviating something everyone hates: traffic.Now you may have heard this term recently since New York adopted its own version of congestion pricing at the beginning of the year. This is the first program of its kind in the U.S. — and it's got supporters and detractors. We'll talk about that, and we're also going to talk about much more. In the first part of today's episode we'll trace the history of the economic ideas that got us here. In the middle, we'll dig deeper into the details of putting congestion pricing into practice, plus technological alternatives. And in the final part, we'll explore parallels to — and implications for — crypto networks.Our guests are Michael Ostrovsky, a Stanford Economics Professor who specializes in this area and who has done research on congestion pricing in New York. We're also joined by a16z crypto Research Partner Scott Kominers, who is a Professor of Business Administration at Harvard Business School where he teaches market design and entrepreneurship.Resources:Michael Ostrovsky's paper on congestion pricing in New York City (from before the launch, foreseeing its issues): https://web.stanford.edu/~ost/papers/nyc.pdfMichael Ostrovsky's thread that went viral on X shortly after the debut of congestion pricing in New York, discussing the post-launch evidence, his team's data collection efforts, and the link between observed data and predictions in the above paper: https://x.com/mostrovs/status/1876798157595476420Two of Ostrovsky's earlier theoretical papers on the topic: (1) https://web.stanford.edu/~ost/papers/complementarity.pdf, (2) https://web.stanford.edu/~ost/papers/sdc.pdfEconomist William Vickrey's influential paper on congestion pricing: Vickrey, W. S. (1969). Congestion theory and transport investment. American Economic Review 59 (2), 251–260. https://matthewturner.org/ec2410/readings/Vickrey_AER_1969.pdfAs a reminder, none of the content should be taken as tax, business, legal, or investment advice. Please see a16z.com/disclosures for more important information, including a link to a list of our investments.
Helping people move to higher-opportunity neighborhoods requires knowing which neighborhoods are actually better. Are we any good at it? Dionissi Aliprantis shares his research on measuring neighborhood opportunity and the rent assistance program features that could meaningfully reduce racial segregation.Show notes:Aliprantis, D., Martin, H., & Tauber, K. (2024). What determines the success of housing mobility programs? Journal of Housing Economics, 65, 102009.99% Invisible episode on chambre le bonne (maid's rooms) in Paris.Episode 87 of UCLA Housing Voice, on housing voucher lease-up rates with Sarah Strochak.Episode 17 of UCLA Housing Voice, on using fair market rents to improve housing vouchers with Rob Collinson.Episode 58 of UCLA Housing Voice, on the health impacts of Baltimore's housing mobility program with Craig Pollack.The book, Waiting for Gautreaux: A Story of Segregation, Housing, and the Black Ghetto, by Alexander Polikoff.Chetty, R., Friedman, J. N., Hendren, N., Jones, M. R., & Porter, S. R. (2018). The Opportunity Atlas: Mapping the childhood roots of social mobility (No. w25147). National Bureau of Economic Research.Bergman, P., Chetty, R., DeLuca, S., Hendren, N., Katz, L. F., & Palmer, C. (2024). Creating Moves to Opportunity: Experimental evidence on barriers to neighborhood choice. American Economic Review, 114(5), 1281-1337.
Wed, 12 Mar 2025 06:30:00 +0000 https://tap.podigee.io/52-pinar-yildirim 23f2220682754b181205d6d50a068b6b Guest: Pinar Yildirim Bio: Pinar Yildirim is an Associate Professor of Marketing (with tenure) at the Wharton School and an Associate Professor of Economics (secondary) at the University of Pennsylvania's Department of Economics. Her research focuses on media, technology, and information economics, particularly on the economics of online platforms, social and economic networks, political economy, and the impact of technology and AI on organizations and societal dynamics. Her work has been published in top journals such as American Economic Review, Marketing Science, and Journal of Marketing Research. She is also an area editor at International Journal of Research in Marketing (IJRM) and serves on the editorial boards of Marketing Science and *Journal of Marketing Research. Summary: In this episode, Pinar delves into the definition and evolution of platforms, emphasizing their role as matchmakers that reduce search costs and facilitate transactions between different user groups. The conversation also explores recent developments in social media, such as Elon Musk's acquisition of Twitter (now X), content moderation, and the fragmentation of social networks. Key Discussion Points: Defining Platforms: Pinar explains how platforms are defined, including their role as stages for multiple companies to grow and as matchmakers connecting diverse user groups. Platform Evolution: The discussion highlights how platforms have evolved to reduce search costs and enable transactions between user groups. Content Moderation: Pinar discusses the importance of content moderation and its impact on user engagement and advertising revenue, particularly in light of Elon Musk's approach to content moderation on X. Revenue Models and Content Moderation: The podcast explores the interplay between revenue sources (advertising vs. subscriptions) and content moderation policies, and how they influence user behavior. Fragmentation of Social Media: The episode examines the trend of users building echo chambers by joining platforms with varying content moderation policies. Interoperability: The potential of interoperability as a regulatory tool to manage the emergence of diverse social media platforms is considered. Social Evolution of Platforms: The natural social evolution in social media platforms and strategies companies can adopt to manage arising challenges. Algorithms: Platforms create algorithms to ensure users are not necessarily interacting with all of their connections. Publications & Projects Mentioned: Halaburda, H., Piskorski, M. J., & Yildirim, P. (2018). Competing by restricting choice: The case of matching platforms. Management Science, 64(8), 3574-3594. Liu, Y., Yildirim, P., & Zhang, Z. J. (2022). Implications of revenue models and technology for content moderation strategies. Marketing Science, 41(4), 831-847. Petrova, M., Sen, A., & Yildirim, P. (2021). Social media and political contributions: The impact of new technology on political competition. Management Science, 67(5), 2997-3021. Yildirim, P., Gal-Or, E., & Geylani, T. (2013). User-generated content and bias in news media. Management Science, 59(12), 2655-2666. Links: https://pinaryildirim.com/ full no digital platforms,content moderation,social media Daniel Trabucchi, Tommaso Buganza and Philip Meier
Fri, 28 Feb 2025 06:30:00 +0000 https://tap.podigee.io/49-platform-classics-seven 59fb3898b4741c60e1eaf0dd6278442b by E. Glen Weyl Paper covered in this episode Weyl, E. G. (2010). A Price Theory of Multi-sided Platforms. American Economic Review, 100(4), 1642-1672 Disclaimer This podcast is generated using artificial intelligence technology, drawing content from published scientific papers. While we strive for accuracy, please note: The episode synthesizes and interprets scientific literature, not original research. AI-generated content may contain errors or misinterpretations. This podcast is for informational purposes only and should not be considered professional or medical advice. Listeners are encouraged to refer to the original scientific papers for comprehensive and authoritative information. The views expressed may not necessarily reflect those of the original authors or their institutions. We welcome feedback and corrections. Please consult with qualified professionals before applying any information presented in this podcast. full by E. Glen Weyl no Daniel Trabucchi, Tommaso Buganza and Philip Meier
What comes first: the customer or the employee? In this episode, Kevin sits down with Stephan Meier to explore why putting workers first isn't just good ethics—it's good business. Stephan highlights how engaged, motivated employees directly impact company success. Drawing from his background in behavioral economics, he breaks down four key motivators for workers: purpose (shoot for the moon), autonomy (matter of trust), competence (just right tasks), and relatedness (working together works). Kevin and Stephan also discuss the future of work, both the challenges and opportunities. He offers practical examples of how AI-powered tools can align employee strengths with organizational needs. Listen For 00:00 Introduction 02:00 Meet Stephan Meier 07:00 The Employee-First Approach 11:00 The Business Case for Prioritizing Employees 19:00 The Four Pillars of Employee Engagement 25:00 The Role of Technology in the Future of Work 31:00 Leadership Mindset Shift 36:00 Fun Facts About Stephan 38:00 Book Recommendations Meet Stephan Stephan's Story: Stephan Meier is the author of the forthcoming book The Employee Advantage: How Putting Workers First Helps Business Thrive. He is the James P. Gorman Professor of Business Strategy at Columbia Business School and the chair of the Management Division. He is an award-winning teacher of classes in the MBA/EMBA program and executive education on strategy, Future of Work and Behavioral Economics. Previously he was a senior economist at the Federal Reserve Bank in Boston. His work has been published in the leading academic journals including the American Economic Review, Management Science, Psychological Science or Science Magazine, and has been profiled by the press such as The Economist, Wall Street Journal, Financial Times, New York Times, Los Angeles Times, and Neue Zürcher Zeitung. He holds a PhD in Economics from the University of Zurich. http://www.stephanmeier.com/ http://www.linkedin.com/in/stephan-meier-cbs https://www.stephanmeier.com/newsletter https://www.stephanmeier.com/lego-brick-by-brick-videos This Episode is brought to you by... Flexible Leadership is every leader's guide to greater success in a world of increasing complexity and chaos. Book Recommendations The Employee Advantage: How Putting Workers First Helps Business Thrive by Stephan Meier Power and Progress by Daron Acemoglu and Simon Johnson Like this? The Leader's Role in Employee Engagement with Michael Lee Stallard Understanding the Employee Experience with Jacob Morgan Understanding Employee Engagement with Jacqueline Throop-Robinson Join Our Community If you want to view our live podcast episodes, hear about new releases, or chat with others who enjoy this podcast join one of our communities below. Join the Facebook Group Join the LinkedIn Group Leave a Review If you liked this conversation, we'd be thrilled if you'd let others know by leaving a review on Apple Podcasts. Here's a quick guide for posting a review. Review on Apple: https://remarkablepodcast.com/itunes Podcast Better! Sign up with Libsyn and get up to 2 months free! Use promo code: RLP
Welcome to episode 15 of season 4's The Mixtape with Scott! I am of, you guessed it, Scott. And this is my podcast which is a podcast where I interview economists and ask them about their personal story. If you were dying to know the games that economists played when they were kids, or what books they read in high school, then man are you ever in luck because that's literally what we talk about on here!This week's guest is Dmitry Arkhangelsky, an associate professor at CEMFI in Madrid, Spain. Dmitry is known to many people because of his 2021 American Economic Review article with an Avengers like team of econometricians and statisticians — Susan Athey, Guido Imbens, David Hirshberg and Stefan Wager — entitled “Synthetic Difference-in-Differences”. Synth diff-in-diff is a well known contribution to the pantheon of new causal panel methods and is quite versatile and flexible. Dmitry is currently on leave from CEMFI and had just arrived to Harvard for a research sabbatical when we did this interview. Dmitry is an econometrician and machine learning, and as he's connected to this new diff-in-diff and synth literature that has been exploding and evolving over the last few years, his work on those topics are well known. But I think as he's not on social media, he's not someone people may know as much about. So I hope you that this is an interesting interview for those of you wanting to learn about his life growing up in the bustling city of Moscow, Russia. It's a bit of a rags to riches story in some way as unlike many Russian economists who are dialed into the best schools as a young person, where they are exposed to intensive training in mathematics early on, Dmitry's journey was different, and I don't want to spoil it. But I think it's one that many of us may identify with. Thank you again for all your support of the podcast. It's a labor of love to get to have a chance to just pause, look at another person, and listen. I continue to believe that it's in the moments when we can look at a person that we know ourselves. And so I enjoy doing it and appreciate your support and hope it is the same for you on some level. And thank you to Dmitry for being generous with his time to share a little about his life. Consider becoming a paying subscriber where you get full access to all kinds of weird posts ranging from econometrics, practical opinions about work, discussion of my classes, and taking care of my ailing dad, as well as a fairly regular reflection on the economic implications of new technologies. Scott's Mixtape Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Mixtape Substack at causalinf.substack.com/subscribe
Nancy Fraser discusses her understanding of capitalism as an integrated social order and explores its implications for envisioning a desirable postcapitalism. --- If you are interested in democratic economic planning, these resources might be of help: Democratic planning – an information website https://www.democratic-planning.com/ Sorg, C. & Groos, J. (eds.)(2025). Rethinking Economic Planning. Competition & Change Special Issue Volume 29 Issue 1. https://journals.sagepub.com/toc/ccha/29/1 Groos, J. & Sorg, C. (2025). Creative Construction - Democratic Planning in the 21st Century and Beyond. Bristol University Press. https://bristoluniversitypress.co.uk/creative-construction International Network for Democratic Economic Planning https://www.indep.network/ Democratic Planning Research Platform: https://www.planningresearch.net/ Democratic Planning Forum: https://forum.democratic-planning.com/ --- Shownotes Remarque Institute https://as.nyu.edu/research-centers/remarque.html Nancy Fraser at The New School for Social Research: https://www.newschool.edu/nssr/faculty/nancy-fraser/ Fraser, N. (2023). Cannibal Capitalism: How our System is Devouring Democracy, Care, and the Planet and What We Can Do About It. Verso Books. https://www.versobooks.com/products/2685-cannibal-capitalism?srsltid=AfmBOopHZ8reXaCDUToeZsbdoTqnXb-wbejQdYin2J_bsa9tAu36oQCQ Ivkovic, M., & Zaric, Z. (2024). Nancy Fraser and Politics. Edinburgh University Press. https://edinburghuniversitypress.com/book-nancy-fraser-and-politics.html Fraser, N., & Jaeggi, R. (2023). Capitalism: A Conversation in Critical Theory. Verso Books. https://www.versobooks.com/products/2867-capitalism Fraser, N. (2022) Benjamin Lecture 3 – Class beyond Class (Video) https://youtu.be/jf6laSf6Eko?si=iWL-Za4pPPwF0xvb on social differentiation as discussed in sociology: https://en.wikipedia.org/wiki/Differentiation_(sociology) Rodney, W. (2018). How Europe underdeveloped Africa. Verso Books. https://www.versobooks.com/products/788-how-europe-underdeveloped-africa?srsltid=AfmBOoqKZ6g4j8UpPJD6qC5yEmKuP0h6sFTvcEX5qjBF7CtPSzedUtcP on Marx's account of surplus value: https://en.wikipedia.org/wiki/Surplus_value Robaszkiewicz, M. & Weinman, M. (2023) Hannah Arendt and Politics. Edinburgh University Press. https://edinburghuniversitypress.com/book-hannah-arendt-and-politics.html Vančura, M. (2011) Polanyi's Great Transformation and the concept of the embedded economoy. IES Occasional Paper No. 2/2011 https://www.econstor.eu/bitstream/10419/83289/1/668400315.pdf Elson, D. (2015). Value: The Representation of Labour in Capitalism. Verso Books. https://www.versobooks.com/products/159-value?srsltid=AfmBOooSko5DiXwMNN2NjSay4BP4n9cM-4y53r7G90VPbvE6itl5rxKT Robertson, J. (2017) The Life and Death of Yugoslav Socialism. Jacobin. https://jacobin.com/2017/07/yugoslav-socialism-tito-self-management-serbia-balkans Moore, J. W. (2015). Capitalism in the web of life: Ecology and the accumulation of capital. Verso Books. https://www.versobooks.com/products/74-capitalism-in-the-web-of-life Patel, R., & Moore, J. W. (2018). A History of the World in Seven Cheap Things: A Guide to Capitalism, Nature, and the Future of the Planet. Verso Books. https://www.versobooks.com/products/817-a-history-of-the-world-in-seven-cheap-things?srsltid=AfmBOoqMnr0nAUfdHOxlQPTXsnGfQtMkDKgFtJsMQ3mtk7Jcyd3Wjqko Brand, U., & Wissen, M. (2021). The Imperial Mode of Living: Everyday Life and the Ecological Crisis of Capitalism. Verso Books. https://www.versobooks.com/products/916-the-imperial-mode-of-living?srsltid=AfmBOopUs15MsSgvJ7TRVfwmo330sHvjQIAST_UymD-90i3VIfCw6vg8 Bates, T. R. (1975) Gramsci and the Theory of Hegemony. Journal of the History of Ideas Vol. 36 No. 2. https://www.jstor.org/stable/2708933 Bois, W. E. B. Du. (1935). Black Reconstruction. An Essay toward a History of the Part which Black Folk played in the Attempt to Reconstruct Democracy in America, 1860-1880. Harcourt, Brace and Company. https://cominsitu.wordpress.com/wp-content/uploads/2019/02/w-e-b-du-bois-black-reconstruction-an-essay-toward-a-history-of-the-part-which-black-folk-played-in-the-attempt-to-reconstruct-democracy-2.pdf Trotsky, L. (1938) The Transitional Program. Bulletin of the Opposition. https://www.marxists.org/archive/trotsky/1938/tp/ Morris, W. (1890) News from Nowhere. Commonweal. https://www.marxists.org/archive/morris/works/1890/nowhere/nowhere.htm Hayek, F. A. von. (1945). The Use of Knowledge in Society. The American Economic Review, 35(4). https://www.cato.org/sites/cato.org/files/articles/hayek-use-knowledge-society.pdf Schliesser, E. (2020) On Foucault on 17 January 1979 On the Market's Role (as site) of Veridiction (III) Digressions & Impressions Blog. https://digressionsnimpressions.typepad.com/digressionsimpressions/2020/06/on-foucault-on-17-january-1979-on-the-markets-role-as-site-of-veridiction-iii.html Foucault, M. (2008). The Birth of Biopolitics: Lectures at the Collège De France, 1978-1979. Palgrave Macmillan. https://1000littlehammers.wordpress.com/wp-content/uploads/2010/02/birth_of_biopolitics.pdf Marx, K. (1973) Grundrisse: Foundations of the Critique of Political Economy. Penguin. https://www.marxists.org/archive/marx/works/download/pdf/grundrisse.pdf on Bernard Mandeville and “Private Vice, Public Virtue”: https://iep.utm.edu/mandevil/ Kaufmann, F. (1959) John Dewey's Theory of Inquiry. The Journal of Philosophy, Vol. 56, No. 21. https://www.jstor.org/stable/2022592 on Habermas: https://plato.stanford.edu/entries/habermas/ on “Neurath's boat”: https://en.wikipedia.org/wiki/Neurath%27s_boat Future Histories Episodes on Related Topics S03E24 | Grace Blakeley on Capitalist Planning and its Alternatives https://www.futurehistories.today/episoden-blog/s03/e24-grace-blakeley-on-capitalist-planning-and-its-alternatives/ S03E19 | Wendy Brown on Socialist Governmentality https://www.futurehistories.today/episoden-blog/s03/e19-wendy-brown-on-socialist-governmentality/ S03E04 | Tim Platenkamp on Republican Socialism, General Planning and Parametric Control https://www.futurehistories.today/episoden-blog/s03/e04-tim-platenkamp-on-republican-socialism-general-planning-and-parametric-control/ S03E03 | Planning for Entropy on Sociometabolic Planning https://www.futurehistories.today/episoden-blog/s03/e03-planning-for-entropy-on-sociometabolic-planning/ S03E02 | George Monbiot on Public Luxury https://www.futurehistories.today/episoden-blog/s03/e02-george-monbiot-on-public-luxury/ S02E51 | Silvia Federici on Progress, Reproduction and Commoning https://www.futurehistories.today/episoden-blog/s02/e51-silvia-federici-on-progress-reproduction-and-commoning/ S02E33 | Pat Devine on Negotiated Coordination https://www.futurehistories.today/episoden-blog/s02/e33-pat-devine-on-negotiated-coordination/ S03E23 | Andreas Malm on Overshooting into Climate Breakdown https://www.futurehistories.today/episoden-blog/s03/e23-andreas-malm-on-overshooting-into-climate-breakdown/ Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Twitter: https://twitter.com/FutureHpodcast Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com Episode Keywords #NancyFraser, #JanGroos, #Podcast, #Socialism, #PostCapitalism, #Capitalism, #MarketPower, #Markets, #EconomicDemocracy, #PatDevine, #WorkingClass, #WelfareState, #CriticalTheory, #Markets, #Veridiction, #Foucault, #Governmentality, #Care, #CareWork, #Labour, #Labor, #Race, #Imperialism, #DemocraticPlanning, #EconomicPlanning, #SocialReproduction, #PostcapitalistReproduction, #Ecology, #FutureHistoriesInternational, #Boundaries, #CannibalCapitalism, #Socialism
We talk with Hans-Joachim Voth about the link between financial crisis and Hitler's rise to power. Hans-Joachim Voth (D.Phil, Oxford, 1996), holds the UBS Chair of Macroeconomics and Financial Markets at the Economics Department, Zurich University. He is an economic historian with interests in financial history, long-term persistence and growth, as well as political risk and macroeconomic instability. Hans-Joachim Voth is a Research Fellow in the International Macroeconomics Program at CEPR (London), a member of the Royal Historical Society, a joint Managing Editor of the Economic Journal, an Editor of Explorations in Economic History, and an Associate Editor at the Quarterly Journal of Economics. His research has appeared in the American Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Review of Economic Studies, Review of Economics and Statistics, Economic Journal, Journal of Economic Growth, European Economic Review, Explorations in Economic History, Journal of Economic History, as well as in three academic books (including, in 2014, Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II, Princeton University Press). A Correction Podcast Episodes RSS Subscribe to our newsletter todayA note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify political economy for teachers. The podcast is now within the top 2% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week. The podcast is reaching thousands of listeners each month. The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy. Best, Lev
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
The recent retreat from globalization has been triggered by a perception that increased competition from global trade is not fair and leads to increased inequality within countries. Is this phenomenon a small hiccup in the overall wave of globalization, or are we at the beginning of a new era of deglobalization? Former Chief Economist of the World Bank Group Pinelopi Koujianou Goldberg tells us that the answer depends on the policy choices we make, and in The Unequal Effects of Globalization (MIT Press, 2023), she calls for exploring alternative policy approaches including place-based policies, while sustaining international cooperation. At this critical moment of shifting attitudes toward globalization, The Unequal Effects of Globalization enters the debate while also taking a step back. Goldberg investigates globalization's many dimensions, disruptions, and complex interactions, from the late twentieth century's wave of trade liberalizations to the rise of China, the decline of manufacturing in advanced economies, and the recent effects of trade on global poverty, inequality, labor markets, and firm dynamics. From there, Goldberg explores the significance of the recent backlash against and potential retreat from globalization and considers the key policy implications of these trends and emerging dynamics. As comprehensive as it is well-balanced, The Unequal Effects of Globalization is an essential read on trade and cooperation between nations that will appeal as much to academics and policymakers as it will to general readers who are interested in learning more about this timely subject. Pinelopi (Penny) Koujianou Goldberg is the Elihu Professor of Economics and Global Affairs and an Affiliate of the Economic Growth Center at Yale University. She holds a joint appointment at the Yale Department of Economics and the Jackson School of Global Affairs. From 2018 to 2020, she was the Chief Economist of the World Bank Group. Goldberg was President of the Econometric Society in 2021 and has previously served as Vice-President of the American Economic Association. From 2011-2017 she was Editor-in-Chief of the American Economic Review. She is member of the National Academy of Sciences and the American Academy of Arts and Sciences, recipient of Guggenheim Memorial Foundation and Sloan Research Fellowships, and recipient of the Bodossaki Prize in Social Sciences. She is also a Distinguished Fellow of the Centre for Economic Policy Research (CEPR), research associate at the National Bureau of Economics Research (NBER), research fellow at the Institute for Fiscal Studies (IFS) in London, UK, fellow of the CESifo research network in Germany, and member of the board of directors of the Bureau of Research and Economic Analysis of Development (BREAD). Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, a nonresident scholar at the UCSD 21st Century China Center, an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations, and is currently a visiting scholar at the Stanford Center on China's Economy and Institutions. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day
Çerçeve'nin yeni bölümünde Mert Söyler ve İlkan Dalkuç; Alp Buğdaycı ile Daron Acemoğlu'na Nobel getiren kurumlar üzerine çalışmalarını, politik ekonomiye katkılarını, Trump'ın ekonomi politikalarını konuşuyorlar.Alp Buğdaycı'nın Daktilo1984'teki yazıları
Melvyn Bragg and guests discuss the Austrian-British economist Friedrich Hayek's The Road to Serfdom (1944) in which Hayek (1899-1992) warned that the way Britain was running its wartime economy would not work in peacetime and could lead to tyranny. His target was centralised planning, arguing this disempowered individuals and wasted their knowledge, while empowering those ill-suited to run an economy. He was concerned about the support for the perceived success of Soviet centralisation, when he saw this and Fascist systems as two sides of the same coin. When Reader's Digest selectively condensed Hayek's book in 1945, and presented it not so much as a warning against tyranny as a proof against socialism, it became phenomenally influential around the world. With Bruce Caldwell Research Professor of Economics at Duke University and Director of the Center for the History of Political EconomyMelissa Lane The Class of 1943 Professor of Politics at Princeton University and the 50th Professor of Rhetoric at Gresham College in LondonAndBen Jackson Professor of Modern History and fellow of University College at the University of OxfordProducer: Simon TillotsonReading list:Angus Burgin, The Great Persuasion: Reinventing Free Markets Since the Depression (Harvard University Press, 2012)Bruce Caldwell, Hayek's Challenge: An Intellectual Biography of F.A. Hayek (University of Chicago Press, 2004)Bruce Caldwell, ‘The Road to Serfdom After 75 Years' (Journal of Economic Literature 58, 2020)Bruce Caldwell and Hansjoerg Klausinger, Hayek: A Life 1899-1950 (University of Chicago Press, 2022)M. Desai, Marx's Revenge: The Resurgence of Capitalism and the Death of Statist Socialism (Verso, 2002)Edward Feser (ed.), The Cambridge Companion to Hayek (Cambridge University Press, 2006)Andrew Gamble, Hayek: The Iron Cage of Liberty (Polity, 1996)Friedrich Hayek, Collectivist Economic Planning (first published 1935; Ludwig von Mises Institute, 2015), especially ‘The Nature and History of the Problem' and ‘The Present State of the Debate' by Friedrich HayekFriedrich Hayek (ed. Bruce Caldwell), The Road to Serfdom: Text and Documents: The Definitive Edition (first published 1944; Routledge, 2008. Also vol. 2 of The Collected Works of F. A. Hayek, University of Chicago Press, 2007)Friedrich Hayek, The Road to Serfdom: Condensed Version (Institute of Economic Affairs, 2005; The Reader's Digest condensation of the book)Friedrich Hayek, ‘The Use of Knowledge in Society' (American Economic Review, vol. 35, 1945; vol. 15 of The Collected Works of F. A. Hayek, University of Chicago Press) Friedrich Hayek, Individualism and Economic Order (first published 1948; University of Chicago Press, 1996), especially the essays ‘Economics and Knowledge' (1937), ‘Individualism: True and False' (1945), and ‘The Use of Knowledge in Society' (1945)Friedrich Hayek, The Constitution of Liberty (first published 1960; Routledge, 2006) Friedrich Hayek, Law. Legislation and Liberty: A new statement of the liberal principles of justice and political economy (first published 1973 in 3 volumes; single vol. edn, Routledge, 2012)Ben Jackson, ‘Freedom, the Common Good and the Rule of Law: Hayek and Lippmann on Economic Planning' (Journal of the History of Ideas 73, 2012)Robert Leeson (ed.), Hayek: A Collaborative Biography Part I (Palgrave, 2013), especially ‘The Genesis and Reception of The Road to Serfdom' by Melissa LaneIn Our Time is a BBC Studios Audio Production
The fact that students are earning higher grades than ever without any appreciable increase in other assessments of academic ability should be well-known by now. Less understood are the root causes of this increasing phenomenon. Amy and Mike invited researchers Maia Goodman Young and Dan Goldhaber to dig into the data on how grading policies influence grade inflation. What are five things you will learn in this episode? What is the purpose of grading? How did state policy around grading in Washington change during the pandemic? What does the research show about changes in grades throughout the pandemic? What is the current connection between grades and test scores? How does weaker rigor in grading influence student interest in academic support? Are there differences in grading in different subjects or socioeconomic status? What other grading policies might impact grade inflation? What can we make of the weaker connection between grades and test scores? Is it bad or good? MEET OUR GUESTS Dr. Maia Goodman Young is a researcher at the Center for Education Data and Research at the University of Washington and an instructor in the UW's secondary teacher education program where she teaches courses in English Language Arts methods and assessment. She is also a National Board Certified Teacher who taught for nine years in California and Washington. Maia's experience as a classroom teacher informs her research, as she worked to better understand questions of grading policies and practices, teacher preparation, and the teacher labor market. Maia can be reached at maiag@uw.edu. Dr. Dan Goldhaber is the Director of the Center for Analysis of Longitudinal Data in Education Research (CALDER, caldercenter.org) at the American Institutes for Research and the Director of the Center for Education Data & Research (CEDR, cedr.us(link is external)) at the University of Washington. Both CALDER and CEDR are focused on using state administrative data to do research that informs decisions about policy and practice. Dan's work focuses on issues of educational productivity and reform at the K-12 level, the broad array of human capital policies that influence the composition, distribution, and quality of teachers in the workforce, and connections between students' K-12 experiences and postsecondary outcomes. Topics of published work in this area include studies of the stability of value-added measures of teachers, the effects of teacher qualifications and quality on student achievement, and the impact of teacher pay structure and licensure on the teacher labor market. Dan's research has been regularly published in leading peer-reviewed economic and education journals such as: American Economic Review, Journal of Human Resources, Journal of Policy and Management, Economics of Education Review, Education Finance and Policy, and Educational Evaluation and Policy Analysis. The findings from these articles have been covered in more widely accessible media outlets such as National Public Radio, the New York Times, the Washington Post, USA Today, and Education Week. Dan previously served as president of the Association for Education Finance and Policy (2006-2017), an elected member of the Alexandria City School Board from 1997-2002, and as co-editor of Education Finance and Policy. Dan can be reached at dgoldhab@uw.edu. LINKS Every teacher grades differently, which isn't fair Are SAT & ACT Scores More Predictive Than GPA? Journal of Policy Analysis and Management: Vol 43, No 4 The Unintended Consequences of Academic Leniency Grade inflation: Why it matters and how to stop it Grading for Equity: What It Is, Why It Matters, and How It Can Transform Schools and Classrooms RELATED EPISODES THE REALITY OF GRADE INFLATION WHY GRADE INFLATION IS HARMFUL THE PROBLEM WITH GRADES ABOUT THIS PODCAST Tests and the Rest is THE college admissions industry podcast. Explore all of our past episodes on the show page and keep up with our future ones by subscribing to our email newsletter. ABOUT YOUR HOSTS Mike Bergin is the president of Chariot Learning and founder of TestBright. Amy Seeley is the president of Seeley Test Pros and LEAP. If you're interested in working with Mike and/or Amy for test preparation, training, or consulting, feel free to get in touch through our contact page.
Die Ampel ist tot. Und nicht der Gärtner, sondern die Schuldenbremse wars. Was zur Hölle ist das eigentlich für ein Instrument und woher stammt die Idee von so einer Schuldenobergrenze? Gregor und Marcus tauchen ab in eine der wichtigsten Eigenheiten der deutschen Politik.**********In dieser Folge:00:00:15 - Tatort Berlin – Wer hat die Ampel (wirklich) auf dem Gewissen?00:03:25 - Ein Stoppschild für neue Schulden00:07:05 - Wer hat's (warum) erfunden?00:10:55 - Eine deutsche Eigenheit00:17:35 - Fazit**********Die Quellen zur Folge:Haffer, Lukas: Die Schwarze Null. Über die Schattenseiten ausgeglichener Haushalte. Berlin, 2016: Suhrkamp. Reinart, Carmen and Kenneth Rogoff. Growth in a Time of Debt. 2010: American Economic Review 100 (2). S. 573 – 578. **********Weitere Beiträge zum Thema:Schuldenspur: Wie Staatsschulden per Auktion entstehenPilze - Zwischen Gemeingut und GoldgräberstimmungSilicon Saxony: So viel DDR steckt in der deutschen Chipindustrie**********Habt ihr auch manchmal einen WTF-Moment, wenn es um Wirtschaft und Finanzen geht? Wir freuen uns über eure Themenvorschläge und Feedback an whatthewirtschaft@deutschlandfunknova.de.**********Den Artikel zum Stück findet ihr hier.**********Ihr könnt uns auch auf diesen Kanälen folgen: TikTok auf&ab , TikTok wie_geht und Instagram .
Qualitative accounts of anthropologists indicate that social structure plays an important role in how resources are shared in society. But quantitative evidence measuring the impacts of social organization on financial ties and transfers has been lacking. In a paper in the American Economic Review, authors Jacob Moscona and Awa Ambra Seck helped to fill that gap. They found that in East Africa, cash transfer policies had very different effects in cultures organized by kinship ties compared to cultures organized around age groups. The findings suggest that social organization has a deep impact on how resources spread through economies and ultimately shape inequality. Jacob Moscona recently spoke with Tyler Smith about the difference between kin-based societies and age-based societies and how they affect development policies.
We've long known that building more homes helps keep prices in check at the regional or metro area level, but what about the house down the street? Evan Mast shares two research studies that shed light on this important and controversial question. Originally aired in 2021. Updated show notes.Show notes:Mast, E. (2023). JUE Insight: The effect of new market-rate housing construction on the low-income housing market. Journal of Urban Economics, 133, 103383.Asquith, B. J., Mast, E., & Reed, D. (2023). Local effects of large new apartment buildings in low-income areas. Review of Economics and Statistics, 105(2), 359-375.Bratu, C., Harjunen, O., & Saarimaa, T. (2023). JUE Insight: City-wide effects of new housing supply: Evidence from moving chains. Journal of Urban Economics, 133, 103528.Li, X. (2022). Do new housing units in your backyard raise your rents? Journal of Economic Geography, 22(6), 1309-1352.Guerrieri, V., Hartley, D., & Hurst, E. (2013). Endogenous gentrification and housing price dynamics. Journal of Public Economics, 100, 45-60.Phillips, S., Manville, M., & Lens, M. (2021). Research Roundup: The Effect of Market-Rate Development on Neighborhood Rents. UCLA Lewis Center for Regional Policy Studies.Diamond, R., McQuade, T., & Qian, F. (2019). The effects of rent control expansion on tenants, landlords, and inequality: Evidence from San Francisco. American Economic Review, 109(9), 3365-94.Liu, L., McManus, D. A., & Yannopoulos, E. (2020). Geographic and Temporal Variation in Housing Filtering Rates. Available at SSRN.“Opportunities and Obstacles for Rental Housing Registries,” Jan. 20 Lewis Center event with Assembly member Buffy Wicks and Catherine Bracy. https://youtu.be/vaDTWHxk-I8
https://youtu.be/XWGl_VvbF5E The leading source of happiness is pleasant social interaction. - Dr. Bryan Caplan, Self-Help Is Like a Vaccine: Essays on Living Better Book discussed: Self-Help Is Like a Vaccine: Essays on Living Better: https://a.co/d/iEhSSMw As a Professor of Economics, Bryan Caplan has published in the American Economic Review, the Economic Journal, the Journal of Law and Economics, Social Science Quarterly, the Journal of Public Economics, the Southern Economic Journal, Public Choice, and numerous other outlets. His book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (2007), was published by Princeton University Press and named "the best political book this year" by the New York Times. Watch on Odysee Watch on BitChute
/// GUEST /// Self-Help Is Like a Vaccine: Essays on Living Better: https://a.co/d/iEhSSMw As a Professor of Economics, Bryan Caplan has published in the American Economic Review, the Economic Journal, the Journal of Law and Economics, Social Science Quarterly, the Journal of Public Economics, the Southern Economic Journal, Public Choice, and numerous other outlets. His book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies (2007), was published by Princeton University Press and named "the best political book this year" by the New York Times. /// Keith Knight - Don't Tread on Anyone /// Domestic Imperialism: Nine Reasons I Left Progressivism: https://libertarianinstitute.org/books/domestic-imperialism-nine-reasons-i-left-progressivism/ The Voluntaryist Handbook: https://libertarianinstitute.org/books/voluntaryist-handbook/ Support the show, PayPal: KeithKnight590@gmail.com or Venmo: @Keith-Knight-34 Odysee: https://odysee.com/@KeithKnightDontTreadOnAnyone:b BitChute: KeithKnightDontTreadOnAnyone https://www.bitchute.com/channel/keithknightdonttreadonanyone/
Work for Humans has long advocated for employees to be seen as customers, but we've faced resistance from traditional programs that churn out MBAs focused on profits and the bottom line. This perspective overlooks a critical point: companies risk losing money and innovation if they don't put employees at the center of their decisions. In a surprising turn, author and professor Stephan Meier has partnered with Columbia Business School to release The Employee Advantage. Through detailed case studies, this book demonstrates how embracing an employee-centric approach leads to superior business outcomes.Stephan Meier is a leading global expert at the intersection of behavioral economics, business strategy, and the future of work. He is currently the James P. Gorman Professor of Business Strategy and Chair of the Management Division at Columbia Business School. In this episode, Dart and Stephan discuss:- Key drivers of customer and employee centricity- The reasons behind rising customer expectations- Leadership mindsets for employee well-being - Customers vs. employees in earnings calls - Case studies of employee-centric models- Lessons from employee segmentation- The need for “just-right tasks” in the workplace- The role of the manager in an employee-customer model- And other topics…Stephan Meier is a leading global expert at the intersection of behavioral economics, business strategy, and the future of work. He is currently the James P. Gorman Professor of Business Strategy and Chair of the Management Division at Columbia Business School. Stephan is also the author of The Employee Advantage, which demonstrates how employee-centric companies drive superior business outcomes. With a master's degree in history, economics, and political science, and a doctorate from the University of Zurich, Stephan's research has been published in journals such as the American Economic Review and Management Science, as well as outlets like the Wall Street Journal, New York Times, Bloomberg, and BBC. Prior to his tenure at Columbia, he was the first senior economist for the Center for Behavioral Economics and Decision-Making at the Federal Reserve Bank. Resources mentioned:The Employee Advantage, by Stephan Meier: https://www.amazon.com/Employee-Advantage-Putting-Workers-Business-ebook/dp/B0CTZCM238 Connect with Stephan:www.StephanMeier.com
The Capitalism and Freedom in the Twenty-First Century Podcast
Greg and Jon discuss Greg's career and main contributions to economics. This includes the development and limitations of New Keynesian models in the 1980s and 1990s as a tool for central banks to understand how the macroeconomy works. Jon and Greg also discuss economic growth, growth accounting and the Solow model. They conclude by talking about Greg's time in government, including his time leading the White House Council of Economic Advisors under President George W. Bush as well as Greg's advocacy for carbon taxes. ABOUT THE SPEAKERS: Gregory Mankiw is the Robert M. Beren Professor of Economics at Harvard University. As a student, he studied economics at Princeton University and MIT. As a teacher, he has taught macroeconomics, microeconomics, statistics, and principles of economics. He even spent one summer long ago as a sailing instructor on Long Beach Island. Professor Mankiw is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the American Economic Review, Journal of Political Economy, and Quarterly Journal of Economics, and in more widely accessible forums, such as The New York Times, The Washington Post, and The Wall Street Journal. He has written two popular textbooks—the intermediate-level textbook Macroeconomics (Worth Publishers) and the introductory textbook Principles of Economics (Cengage Learning). Principles of Economics has sold over two million copies and has been translated into twenty languages. In addition to his teaching, research, and writing, Professor Mankiw has been a research associate of the National Bureau of Economic Research, an adviser to the Congressional Budget Office and the Federal Reserve Banks of Boston and New York, and a member of the ETS test development committee for the advanced placement exam in economics. From 2003 to 2005 he served as Chairman of the President's Council of Economic Advisers. Professor Mankiw lives in Boston with his wife, Deborah. They have three adult children. Jon Hartley is a Research Associate at the Hoover Institution and an PhD candidate in economics at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently a research fellow at the Foundation for Research on Equal Opportunity and a senior fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, the International Monetaty Fund, the Committee on Capital Markets Regulation, the US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes, and the Huffington Post and has contributed to the Wall Street Journal, the New York Times, USA Today, the Globe and Mail, the National Post, and the Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 under 30 Law & Policy list and the 2017 Wharton 40 under 40 list, and was previously a World Economic Forum Global Shaper.
How did the rapid decline in the population of vultures in India affect human beings? A new study, published in the American Economic Review, says that because these birds went nearly extinct, India had about 500,000 additional deaths from the year 2000 to 2005 and the economic damages to the country amounted to about 69.4 billion dollars annually. How did this happen? Up until the early 1990s, vultures were a familiar sight in India – estimates indicate the country had about 30 to 50 million vultures. In the 20 years following 1994 however, the vulture population has been decimated – only a few thousand now exist, and they are listed as a critically endangered species. What happened to them? Diclofenac, a non-steroidal anti-inflammatory drug, began to be used by farmers to treat their cattle. When vultures consumed, as they always do, the dead animals or carcasses that were treated with this drug, they began to die as this drug was poisonous to their systems. It took some years for the link between the drug and the vulture deaths to be established and the drug was eventually banned for animal use, but too late for the vultures of India. So how did the loss of vultures affect the sanitation system of India? What happened to the carcasses of farm animals that were once effectively cleaned up by vultures? Did the population of dogs and rats increase because of the vulture deaths? And importantly, how did this contribute to human deaths? Guest: Eyal Frank, assistant professor, Harris School of Public Policy, University of Chicago, and co -author of the paper Host: Zubeda Hamid Edited by Jude Francis Weston Listen to more In Focus podcasts:
Welcome to this week's episode of the Mixtape with Scott, a podcast devoted to listening to the personal stories of living economists and creating an oral history of the profession. This episode is partly inspired by my visit to San Sebastián, Spain, with my daughter right now and partly inspired by a 2003 article co-authored with Alberto Abadie studying the effect of terrorism on economic growth that introduced the synthetic control estimator. My guest is Javier Gardeazabal, a professor at the University of the Basque Country. Javier Gardeazabal is a professor at the University of the Basque Country whose body of work has covered topics in macroeconomics, time series econometrics, labor economics, cultural economics, and political economy. He did his PhD at the University of Pennsylvania in May 1991, an experience that he will share about in the interview. He is from the Basque Country and returned to the Basque Country after graduation where he has been ever since. It is therefore inspiring to me that his home became the topic of a paper that he is perhaps most widely known for — a seminal contribution to both causal inference and measuring the economic costs of terrorism, coauthored with Alberto Abadie, in the 2003 American Economic Review paper, “The Economic Cost of Conflict: A Case Study of the Basque Country.” This groundbreaking study made a major contribution to causal inference by introducing the synthetic control estimator, but also assessing the economic impact of terrorism on economic growth in the Basque Country. It was a major contribution to the field possessing all the elements of great articles in economics — an important question answered extraordinarily well with clarity and rigor. This influential paper not only cast a massive shadow over the evolution of causal inference and econometrics; it also accelerated Javier's own research to include not only macroeconomics, but also the economics of terrorism and conflict. His career is evidence of an economist who followed his curiosity and intellectual interests to include understanding the economic costs of terrorism, introducing methods for measuring the aggregate cost of conflict, and the impact of political violence on economic well-being, but also exchange rate dynamics, time series econometrics, cultural policies, optimal test scoring methods, gender wage discrimination and more. Javier's versatility is evident in his ability to adapt to and excel in a variety of economic topics and methodologies, continually evolving to address new and relevant economic issues.Thank you again everyone for supporting the podcast and the substack. I hope that this interview speaks to you wherever you are, whenever you are. Scott's Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Substack at causalinf.substack.com/subscribe
Glynnis MacNicol, author of "I'm Mostly Here to Enjoy Myself," joins the show to discuss how single women can (and do) embrace joy and self-discovery — and how to redefine success and pleasure in middle age. Plus, Simone and Danielle get into societal pressures, gender biases in success timelines, and examples of late bloomers who defied societal expectations. See omnystudio.com/listener for privacy information.
In 1993, the North American Free Trade Agreement (NAFTA) was passed with bipartisan support and near universal endorsement by economists. In hindsight, the economic costs and political consequences were far greater than many contemporary observers would have imagined. In a paper in the American Economic Review, authors Jiwon Choi, Ilyana Kuziemko, Ebonya Washington, and Gavin Wright found that US counties most exposed to NAFTA and Mexican import competition saw their total employment drop by roughly 6 percent compared to those with little exposure to the trade deal. However, workers in these communities didn't respond by moving away to find better opportunities, and many, feeling betrayed by the Democratic party, embraced the Republican party instead. Choi and Wright recently spoke with Tyler Smith about the economic and political history of NAFTA and what economists have learned since its passage.
Welcome to another exciting episode of the Mixtape with Scott! Today, I get to have on the show someone who has become something of a friend the last few years, an expert in health economics and social policy, Adriana Lleras-Muney at UCLA, a Professor of Economics at UCLA.Dr. Lleras-Muney's journey in economics is super impressive and even involves traveling through all the alleyways of causal inference. After earning her Ph.D. from Columbia University where she wrote a job market paper on compulsory schooling, at a time where it had just become accepted wisdom that the Angrist and Krueger 1991 article needed a fresh take. She then went to Princeton, the birth place of causal inference in labor, before making her way to UCLA where Guido Imbens had just gotten to, and who is also now one of her coauthors in a new article at the Quarterly Journal of Economics. So when I think about her story, it's hard for me not to hear the echoes, I guess, of the history of causal inference too. Her academic accolades are too many to name, but I'll name a few. She's an associate editor for the Journal of Health Economics and serves on the board of editors for both the American Economic Review and Demography. She's also been a permanent member of the Social Sciences and Population Studies Study Section at the National Institute of Health and an elected member of the American Economic Association Executive committee. In 2017, her contributions to the field were recognized with the prestigious Presidential Early Career Awards for Scientists and Engineers (PECASE).But what really sets Adriana apart is her groundbreaking research. She's been at the forefront of exploring the relationships between socioeconomic status and health, with a particular focus on education, income, and policy. Her recent work has taken a fascinating turn, examining the long-term impact of government policies on children. She's been digging into programs like the Mother's Pension program and the Civilian Conservation Corps from the first half of the 20th century, uncovering insights that are still relevant today. Her work has appeared in all the major journals in economics such as the American Economic Review, Econometrica, The Review of Economic Studies, and the Quarterly Journal of Economics.So, all that said, I hope you find this interview as interesting as I did. The video will be posted most likely later to YouTube; my Scottish hotel has surprisingly very slow internet and I'm still downloading the video, and so will likely be uploading it too all night. But thank you again for all your support. Scott's Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Substack at causalinf.substack.com/subscribe
Over the last five years, Milan has interviewed authors of big books, that have brought innovative new ideas to the India policy debate. And he's also interviewed authors of lengthy books. On the show this week, he sits down with an author who's written a big book in every sense of the term.It is no stretch to say that Accelerating India's Development: A State-Led Roadmap for Effective Governance is one of the most important books written about the political economy of India's development. Over 600 pages and 200 pages of notes, it takes readers on an exhaustive deep dive of India's governance challenges, especially in delivering essential public services. The book draws on a wealth of research and practical insights to offer actionable, evidence-based strategies for reforms.The author of this new book is the economist Karthik Muralidharan. Karthik is the Tata Chancellor's Professor of Economics at the University of California San Diego.He is one of the most prolific economists of his generation and his works spans public finance and development economics, with a focus on education, health, welfare, and public service delivery.Milan and Karthik discuss the book's origin story, Karthik's framework for thinking about state capacity, and how to change the incentives of politicians and bureaucrats. Plus, the two discuss some of the book's big ideas, ranging from data collection to public sector contracting and cash transfers.Episode notes:1. Karthik Muralidharan, Niehaus, Paul, and Sandip Sukhtankar, "General Equilibrium Effects of (Improving) Public Employment Programs: Experimental Evidence from India," Econometrica 91, no. 4 (2023): 1261-1295.2. Karthik Muralidharan, Paul Niehaus, and Sandip Sukhtankar, "Integrating Biometric Authentication in India's Welfare Programs: Lessons from a Decade of Reforms," Center for Effective Global Action Working Papers, University of California, 2022.3. Karthik Muralidharan, Paul Niehaus, Sandip Sukhtankar, and Jeffrey Weaver, "Improving Last-Mile Service Delivery Using Phone-Based Monitoring," American Economic Journal: Applied Economics 13, no. 2 (2021): 52-82.4. Karthik Muralidharan, Paul Niehaus, and Sandip Sukhtankar, "Building State Capacity: Evidence from Biometric Smartcards in India," American Economic Review 106, no. 10 (2016): 2895-2929.5. Karthik Muralidharan, “A New Approach to Public Sector Hiring in India for Improved Service Delivery,” India Policy Forum 12, no. 1 (2016): 187-236.
In this episode I'm continuing my investigation into Universal Basic Income as the natural solution to the AI and robotics revolution. One day we should be able to work because we want to improve the world and our situations, and not do it because we are under risk of death. The problem is that the intermediate period between having all of our needs taken care of by our robotic assistants, and having to compete with them for wages to put food on the table is not at all a clear path. My guest today chaired a committee that investigated UBI as an option for the BC government. Their conclusion was that augmenting current social programs would be a better approach. It's time for The Rational View. David Green is a professor in the Vancouver School of Economics at UBC. His areas of research interest include income inequality, immigration, the impact of technical change on the labour market, and labour market policies. He is a former editor of the Canadian Journal of Economics and an International Research Associate with the Institute for Fiscal Studies in London. He has served on the editorial boards for the American Economic Review and the Journal of Political Economy. His work has been published in leading journals, including Econometrica, the American Economic Review, and the Review of Economic Studies. He was also a member of the BC Expert Panel on Basic Income and has served as the President of the Canadian Economics Association. Support the podcast at Patron.Podbean.com/TheRationalView Join the Facebook discussion @TheRationalView Twix @AlScottRational Insta @The_Rational_View
We've done several shows on the housing crisis in America, mostly from a progressive perspective in which the solution to the shortage of homes is presented in terms of government investment. The libertarian economist, Bryan Caplan, however, comes at the problem from a more conservative angle. The co-author of the new graphic novel, BUILD, BABY, BUILD, Caplan argues that the housing industry needs to be radically deregularized. This right-wing libertarian approach to the science and ethics of housing in America certainly makes sense in cities like San Francisco, with its massively inflated real-estate values, absence of affordable new homes, and huge homelessness problem. Bryan Caplan is Professor of Economics at George Mason University and a New York Times Bestselling author. He has written The Myth of the Rational Voter, named "the best political book of the year" by the New York Times, Selfish Reasons to Have More Kids, The Case Against Education, Open Borders (co-authored with SMBC's Zach Weinersmith), Labor Econ Versus the World, How Evil Are Politicians?, Don't Be a Feminist, Voters As Mad Scientists, and You Will Not Stampede Me. His latest book, Build, Baby, Build: The Science and Ethics of Housing, is published by the Cato Institute. He is the editor and chief writer for Bet On It, the blog hosted by the Salem Center for Policy at the University of Texas. He has published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, blogged for EconLog from 2005-2022, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN. An openly nerdy man who loves role-playing games and graphic novels, Caplan live in Oakton, Virginia, with his wife and four kids.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe
Uzair talks to Dr. Ghazala Mansuri about Pakistan's stunting crisis and its implications for the country's future. We focused on key causes of stunting, the linkage with Pakistan's water supply, and what the country can learn from other nations. The conversation also focused on climate change and its impact on human development, especially stunting. Dr. Ghazala Mansuri is a Lead Economist for the South Asia Region and a Global Lead for the Welfare Impacts of Climate Change at the World Bank. Her work, at the intersection of research and policy, has been published in leading journals in economics and development, including the American Economic Review, the Review of Economic Studies and the Review of Economics and Statistics. Her current research focuses on the effect of public policies on human development, and the impact of climate change and environmental degradation on the agri-food system and its implications for human health, poverty, and inequality. Her recent reports include When Water becomes a Hazard (2018), and the Pakistan Country Climate and Development Report (2022). She holds a PhD in economics from Boston University. Chapters: 0:00 Introduction 3:05 Nature and scale of crisis 18:10 Water and stunting 25:50 Ways to solve for this 31:50 Climate change and stunting 48:50 What have other countries done? 55:30 What can the government do? 59:10 What can parents do? 1:09:00 Reading recommendations Reading Recommendations: - An Agricultural Testament by Albert Howard - The Soil and Health by Albert Howard - Farmers of Forty Centuries by Franklin H. King - Dirt: The Erosion of Civilization by David Montgomery
Come along on a journey through the corridors of economic history and methodology with our esteemed guest, Bruce Caldwell from the Center for History of Political Economy at Duke University. Caldwell's personal voyage, from the nuances of economic methodology to his deep dive into Austrian economics, sets the stage for an enthralling discussion on the workings of institutions, transaction costs, and the profound impact of Friedrich Hayek's theories on modern economics. Get ready to unlock the secret meaning behind the unique TIPS acronym within Austrian economics.We follow Hayek's intellectual transition from his focus on business cycles to the intricate challenges of economic calculation and knowledge distribution. The conversation illuminates the value of information in economic decision-making and highlights the importance of markets in reconciling diverse plans and purposes. Discover how Hayek's 1945 paper reshaped economic thinking, extending its influence beyond the Austrian school and into the realms of neoclassical economics.Our exploration culminates with an examination of the very fabric holding our economic systems together – institutions. Delve into the evolution of economic institutions with insights from Doug North's intellectual quest and the relevance of Austrian capital theories in understanding economic flexibility. Links:Bruce Caldwell, Beyond Positivism https://www.amazon.com/Beyond-Positivism-Bruce-Caldwell/dp/1138834238Bruce Caldwell and Hansjoerg Klausinger, Hayek: A Life, 1899-1950 https://www.amazon.com/Hayek-Life-1899-1950-Bruce-Caldwell/dp/0226816826/ F.A. Hayek, 1945: The Use of Knowledge in Society, American Economic Review. https://www.econlib.org/library/Essays/hykKnw.htmlMichael Munger, "The Socialist Generation Debate" https://www.aier.org/article/the-socialist-generation-debate/Surge Pricing, NPR. https://www.vox.com/money/24105250/fast-food-restaurants-dynamic-pricing-algorithm-wendysHope Center at Duke. https://today.duke.edu/2018/08/duke-center-expands-commitment-history-economicsIf you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com ! You can follow Mike Munger on Twitter at @mungowitz
Sendhil Mullainathan does a lot of things, and he does them well. He's a professor of Computation and Behavioral Science at the University of Chicago's Booth School of Business. I originally talked to Sendhil for our podcast series, They Thought We Were Ridiculous. He was well-positioned to give his perspective on a contentious, interdisciplinary field of social science called “behavioral economics.” But nowadays, behavioral economics is mainstream, but Sendhil has continued to study big questions that cut across the typical academic boundaries between disciplines. We talk about AI, economics, and racial bias.You can listen to our full series on behavioral economics here (Sendhil's voice pops up in episodes 3 and 4).Also, the study we discuss testing racial discrimination in hiring practices was first reported in this 2003 paper in American Economic Review.For a transcript of this episode, visit this episode's page at: http://opinionsciencepodcast.com/episodes/Learn more about Opinion Science at http://opinionsciencepodcast.com/ and follow @OpinionSciPod on Twitter.
Are men from Mars, and women from Venus? If so, policies that seek to close the gender gap by equalising opportunities are unlikely to succeed. A recent paper finds that, contrary to popular belief, women and men's traits are remarkably similar. Ruveyda Nur Gozen and Tim Phillips talk to Michelle Rao and Oriana Bandiera, two of the researchers who wrote the paper, about prejudice, policy, and the stubborn persistence of prior beliefs. Papers mentioned in the podcast: Bandiera, O., Parekh, N., Petrongolo, B., & Rao, M. (2022). Men are from Mars, and Women Too: A Bayesian Meta‐analysis of Overconfidence Experiments. Economica, 89, S38-S70. (link to paper) Bandiera, O., Fischer, G., Prat, A., & Ytsma, E. (2016). Do women respond less to performance pay? Building evidence from multiple experiments. (link to paper) Rao, M. (2021) Gender Differences in altruism: a Bayesian hierarchical analysis of dictator games. Mimeo Bayer, A., Hoover, G. A., & Washington, E. (2020). How you can work to increase the presence and improve the experience of Black, Latinx, and Native American people in the economics profession. Journal of Economic Perspectives, 34(3), 193-219. (link to paper) Bursztyn, L., González, A. L., & Yanagizawa-Drott, D. (2020). Misperceived social norms: Women working outside the home in Saudi Arabia. American economic review, 110(10), 2997-3029. (link to paper) Diaz-Pardo, G., Rao, M. (2024). Women and Cash Transfers: how program design and local conditions relate to causal estimates of impact. Field, E., Jayachandran, S., & Pande, R. (2010). Do traditional institutions constrain female entrepreneurship? A field experiment on business training in India. American Economic Review, 100(2), 125-129. Stansbury, A., & Schultz, R. (2023). The economics profession's socioeconomic diversity problem. Journal of Economic Perspectives, 37(4), 207-230. (link to paper)
Graduates from a small number of elite private colleges account for a disproportionate share of America's business and political leaders. In this episode, John Friedman joins us to discuss his recent study with Raj Chetty and David Deming that examines how admissions criteria at these institutions privilege students from high-income families. John is the Briger Family Distinguished Professor of Economics and International Public Affairs at Brown University, where he is the chair of the Economics Department. He is a Research Associate at the National Bureau of Economic Research and has served in the White House as Special Assistant to the President for Economic Policy at the National Economic Council. John is also a member of the U.S. Treasury Council on Racial Equity, a co-Editor of the American Economic Review, and a founding Co-Director of Opportunity Insights. A transcript of this episode and show notes may be found at http://teaforteaching.com.
Before Silicon Valley became a byword for innovation, Route 128, outside of Boston, was America's technology highway, connecting the country's premier technology companies and research facilities. However, this first American high-tech cluster likely would not have developed as it did without one of the biggest shocks to federal R&D funding in US economic history. In a paper in the American Economic Review, authors Daniel P. Gross and Bhaven N. Sampat explain how a World War II research effort jump-started innovation hubs like Route 128 across the United States. Gross and Sampat recently spoke with Tyler Smith about the history of R&D funding in the United States, and the lessons policymakers can take from it.
Numerous studies have highlighted the importance of effective teachers for student achievement. But new research suggests that school counselors may be just as critical as teaching staff for some students. In a paper in the American Economic Review, author Christine Mulhern found that effective high school counselors can significantly improve the chance that students graduate from high school and attend a four-year college. She says that although it is challenging to predict which counselors will have these large positive impacts, the effects are comparable to many popular education interventions. Mulhern recently spoke with Tyler Smith about the role that counselors play in students' choices, which students benefit the most from counseling, and the lessons administrators and parents can take away from her findings.
Bryan Caplan is a Professor of Economics at George Mason University and a New York Times Bestselling author. He's the author of 8 books, including The Myth of the Rational Voter, The Case Against Education, and Open Borders: The Science and Ethics of Immigration. His next book, Build, Baby, Build: The Science and Ethics of Housing, will be published by the Cato Institute in 2024. He's the editor and chief writer for Bet On It, the blog hosted by the Salem Center for Policy at the University of Texas. He's published in the New York Times, Washington Post, Wall Street Journal, TIME, Newsweek, Atlantic, American Economic Review, Economic Journal, Journal of Law and Economics, and Intelligence, blogged for EconLog from 2005-2022, and appeared on ABC, BBC, Fox News, MSNBC, and C-SPAN. 0:00 - Intro 2:23 - The Most Irrational Beliefs in Society 3:43 - Why Do People Vote? 5:57 - The Most Net Positive Delusions in Society 7:30 - Bottlenecks in Democracy 9:13 - Idea Traps 13:13 - The Ideological Turing Test 15:16 - Caricatures of Political Parties 17:49 - The Case for Open Borders 21:48 - Tribalism and Social Cohesion 25:33 - Privatization and The Confluence of Cultures 26:56 - What's the Point of Countries? 28:26 - What Values Are (Mostly) Non-negotiable? 30:27 - The Net Present Value of Immigration 33:43 - The Competition of Cultures 38:15 - Is Globalism Inevitable? 39:30 - Resources and Culture 42:49 - How to Fix Immigration 45:07 - The Case Against Education 48:48 - What is a Degree Actually Worth? 52:05 - Why is Bryan a Professor? 53:13 - The Value of Conformity in Society 55:25 - Is Learning How to Learn Real? 57:51 - Is There Value in the Liberal Arts? 29:27 - Bryan's Approach to Learning 1:01:49 - Who Does Education Well? 1:02:49 - The Biggest Problems in Academia 1:05:47 - Should we Abolish Tenure? 1:09:32 - Why Parenting is Overrated 1:11:51 - What Kind of Parenting Has an Effect? 1:14:23 - Positive Effects of Having Kids 1:16:03 - The Science and Ethics of Housing Regulation 1:18:50 - Intangible Costs of Deregulation 1:21:39 - How does Ideology Propagate Itself? 1:24:09 - If Everything's Mimetic are Free Markets Overrated? 1:25:54 - How to Get Ideas Into the Mainstream 1:28:19 - Are Politicians Evil? 1:31:35 - The Future of Labor Markets Under Remote Work 1:34:21 - What Should More People Be Thinking About?
Hannes Mueller is a tenured researcher at the Institute for Economic Analysis, a researcher center of the Spanish National Research Council. He also directs the master's program in Data Science for Decision Making at the Barcelona Graduate School of Economics. Most recently, his research focus has been on how conflict can be predicted using millions of newspaper articles – a project which drives the conflictforecast.org website. This research project has become a key resource for global work on conflict prevention and has led to collaborations with the Spanish Central Bank, the German Federal Foreign Office, the UK Foreign, Commonwealth & Development Office, the UN, World Bank, and many others. This conversation was a tour de force and covered a lot of topics: from taxes and trust, to fiscal capacity as a dimension of state capacity, to fragility and the macroeconomic implications of violent conflict, to forecasting conflict using machine learning and implications for policy makers. Hannes gives us a live demonstration of conflictforecast.org and if you're interested in how AI can help us forecast conflict then this is the conversation for you! ***** Hannes Mueller Website: https://www.hannesfelixmueller.com Conflict forecast: https://conflictforecast.org LinkedIn: https://www.linkedin.com/in/hannes-mueller-research/ ***** Mihaela Carstei, Paul M. Bisca, and Johan Bjurman Bergman co-host F-World: The Fragility Podcast. X: https://twitter.com/fworldpodcast Instagram: https://www.instagram.com/fworldpodcast/ Website: https://f-world.org Music: "Tornado" by Wintergatan. This track can be downloaded for free at www.wintergatan.net. Video editing by: Alex Mitran - find Alex on Facebook (facebook.com/alexmmitran), X (x.com/alexmmitran), or LinkedIn (linkedin.com/in/alexmmitran) EPISODE RESOURCES Timothy Besley and Hannes Mueller. 2012. Estimating the Peace Dividend: The Impact of Violence on House Prices in Northern Ireland. American Economic Review. Timothy Besley, Hannes Mueller, Fiscal Capacity and State Fragility In: Macroeconomic Policy in Fragile States. Eds: Ralph Chami, Raphael Espinoza, and Peter Montiel, Oxford University Press (2021). International Monetary Fund. DOI: 10.1093/oso/9780198853091.003.0009 Hannes Mueller, Christopher Rauh, The Hard Problem of Prediction for Conflict Prevention, Journal of the European Economic Association, Volume 20, Issue 6, December 2022 Hannes Mueller, Christopher Rauh, & Alessandro Ruggieri. 2022. Dynamic Early Warning and Action Model, Cambridge Working Papers in Economics 2236. TIMESTAMPS (00:00:00) Introduction (00:01:17) Hannes's background (00:03:26) Shock therapy in Poland vs. Russia (00:05:42) How Hannes's interest in politics shapes his research (00:09:09) Institution formation, fragility, & fiscal capacity (00:16:05) Trust, taxation, & public services (00:22:06) What is fragility (00:29:32) Relationship between fragility & violent conflict (00:33:11) Macroeconomic implications of conflict (00:37:21) Does conflict always lead to fragility (00:41:21) Forecasting fragility vs causal understanding (00:43:42) Human factors & forecasting fragility (00:50:42) Prevention & forecasting (00:55:09) Why is conflict prediction a hard problem (00:58:19) Machine learning for conflict prevention (01:03:21) What is a good model for conflict prevention? (01:11:05) Text availability by language for training the model (01:15:54) Conflictforecast.org demo (01:25:31) What can you ask the model & what you shouldn't ask (01:37:47) How can the model inform policy action & prevention (01:44:36) How can conflictforecast.org augment human decision making (01:49:51) The role of stabilizing factors in cross country comparisons (01:54:22) Hannes's data wish list (02:01:26) Do LLMs like ChatGPT impact the model's performance (02:04:37) Is there a role for sentiment analysis (02:08:45) Future research goals (02:13:08) Institutional myopia (02:15:27) Should we bring back salons (02:19:15) Wrap-up
Today's guest is surprisingly upbeat about the world. A big factor in his optimism is the revolution in artificial intelligence that we're about to live through. Tyler Cowen is an economics professor at George Mason University and he's the faculty director of the Mercatus Center. He is the coauthor – with Alex Tabarock – of the economics blog Marginal Revolution (the #1 economics blog in the world) and the co-founder of Marginal Revolution University. He is the host of the top-rated podcast “Conversations with Tyler”. Cowen's latest book is Talent: How to Identify Energizers, Creatives, and Winners Around the World. Before that he penned The Great Stagnation, and also The Complacent Class. About a decade ago he wrote Average is Over, which was somewhat prescient about this period we are heading into with AI. He also published a book called Big Business: A love letter to an American anti-hero. Tyler writes a column for Bloomberg View; he has contributed to The New York Times and The Wall Street Journal. His academic research has been published in the American Economic Review and the Journal of Political Economy. Items discussed in this episode: Marginal Revolution University -- mru.org Marginal Revolution blog -- marginalrevolution.com Tyler Cowen's books -- https://www.barnesandnoble.com/w/talent-tyler-cowen/1138462103
Sean Illing talks with former Google data scientist Seth Stephens-Davidowitz, author of Don't Trust Your Gut. Seth argues that the way we make decisions is wrong, outdated, and based on methods or conventional wisdom that lead us astray from getting what we want. Sean and Seth discuss the idea of using data in place of our own intuition and reason to help us through things like online dating, picking a place to live, and being a better parent. Plus, how can we trust "experience sampling" studies that rely on self-reporting, when — after all — everybody lies? Host: Sean Illing (@seanilling), Interviews Writer, Vox Guest: Seth Stephens-Davidowitz (@SethS_D), author References: Don't Trust Your Gut: Using Data to Get What You Really Want in Life by Seth Stephens-Davidowitz (Dey Street; 2022) Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are by Seth Stephens-Davidowitz (Dey Street; 2018) Moneyball (dir. Bennett Miller, 2011); based on the book Moneyball: The Art of Winning an Unfair Game by Michael Lewis (W.W. Norton; 2004) "Capitalists in the Twenty-First Century" by Matthew Smith et al. (Quarterly Journal of Economics v. 134 (4); 2019) The Mappiness Project, created by George MacKerron and Susanna Mourato "Machine learning uncovers the most robust self-report predictors of relationship quality across 43 longitudinal couples studies" by Samantha Joel et al. (PNAS v. 117 (32); 2020) "Are You Happy While You Work?" by Alex Bryson and George MacKerron (The Economic Journal v. 127 (599); Feb. 2017) "Experienced well-being rises with income, even above $75,000 per year" by Matthew Killingsworth (PNAS v. 118 (4); 2021) "The Amount and Source of Millionaires' Wealth (Moderately) Predicts Their Happiness" by Grand Edward Donnelly et al. (Personality and Social Psychology Bulletin v. 44 (5); May 2018) “When Choice Is Demotivating: Can One Desire Too Much of a Good Thing?” by Sheena S. Iyengar and Mark R. Lepper (J. of Personality and Social Psychology, 79(6); 2000) "The Effects of Exposure to Better Neighborhoods on Children: New EvidenceFfrom the Moving to Opportunity Project" by Raj Chetty et al. (American Economic Review v. 106 (4); 2016) "Education Doesn't Work" by Freddie deBoer (Substack; Apr. 12, 2021) "Predicting political elections from rapid and unreflective face judgments" by Charles C. Ballew and Alexander Todorov (PNAS v. 104 (46); 2007) Dataclysm: Love, Sex, Race, and Identity — What Our Online Lives Tell Us About Our Offline Selves by Christian Rudder (Crown; 2015) Enjoyed this episode? Rate Vox Conversations ⭐⭐⭐⭐⭐ and leave a review on Apple Podcasts. Subscribe for free. Be the first to hear the next episode of Vox Conversations by subscribing in your favorite podcast app. Support Vox Conversations by making a financial contribution to Vox! bit.ly/givepodcasts This episode was made by: Producer: Erikk Geannikis Editor: Amy Drozdowska Engineer: Patrick Boyd Deputy Editorial Director, Vox Talk: Amber Hall Learn more about your ad choices. Visit podcastchoices.com/adchoices
Griswold v. Connecticut was the U.S. supreme court decision that overturned laws banning contraception – at least, for married couples. It wasn't the first SCOTUS decision to mention the concept of privacy, but it was a major one. Research: Bailey, Martha J. “'Momma's Got the Pill': How Anthony Comstock and Griswold v. Connecticut Shaped US Childbearing.” American Economic Review 2010, 100. http://www.aeaweb.org/articles.php?doi=10.1257/aer.100.1.98 Brannen, Daniel E., Jr., et al. "Griswold v. Connecticut (1965)." Supreme Court Drama: Cases That Changed America, edited by Lawrence W. Baker, 2nd ed., vol. 1: Individual Liberties, UXL, 2011, pp. 70-74. Gale In Context: Opposing Viewpoints, link.gale.com/apps/doc/CX1929200026/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=d079c402. Accessed 5 July 2022. Burnette, Brandon R. “Comstock Act of 1873 (1873).” The First Amendment Encyclopedia. 2009. https://mtsu.edu/first-amendment/article/1038/comstock-act-of-1873 Cornell Law School Legal Information Institute. “Griswold v. Connecticut (1965).” https://www.law.cornell.edu/wex/griswold_v_connecticut_(1965) Court, U.S. Supreme. "Griswold v. Connecticut (1965)." Civil Rights in America, Primary Source Media, 1999. American Journey. Gale In Context: U.S. History, link.gale.com/apps/doc/EJ2163000097/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=4639ad46. Accessed 5 July 2022. Finlay, Nancy. “Taking on the State: Griswold v. Connecticut.” Connecticut History. https://connecticuthistory.org/taking-on-the-state-griswold-v-connecticut/ Garrow, David J. “The Legal Legacy of Griswold v. Connecticut.” American Bar Association. 4/1/2011. https://www.americanbar.org/groups/crsj/publications/human_rights_magazine_home/human_rights_vol38_2011/human_rights_spring2011/the_legal_legacy_of_griswold_v_connecticut/ Lepore, Jill. “To Have and to Hold: Reproduction, Marriage and the Constitution.” The New Yorker. 5/18/2015. https://www.newyorker.com/magazine/2015/05/25/to-have-and-to-hold Lord, Alexandra M. “The Revolutionary 1965 Supreme Court Decision That Declared Sex a Private Affair.” Smithsonian. 5/19/2022. https://www.smithsonianmag.com/smithsonian-institution/the-revolutionary-1965-supreme-court-decision-that-declared-sex-was-a-private-affair-180980089/ McBride, Alex “Griswold v. Connecticut.” The Supreme Court. Thirteen: Media With Impact. https://www.thirteen.org/wnet/supremecourt/rights/landmark_griswold.html Minto, David. “Perversion by Penumbras: Wolfenden, Griswold, and the Transatlantic Trajectory of Sexual Privacy.” American Historical Review. October 2018. Morgan, Jason. “One ‘Right,' Many Wrongs.” The Human Life Review. Winter 2014. Moskowitz, Daniel B. "A matter of privacy: Griswold V. Connecticut, 381 U.S. 479 (1965): the underlying right to privacy." American History, vol. 52, no. 3, Aug. 2017, pp. 22+. Gale In Context: U.S. History, link.gale.com/apps/doc/A495033804/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=293a39ac. Accessed 5 July 2022. UK Parliament. “Wolfenden Report.” https://www.parliament.uk/about/living-heritage/transformingsociety/private-lives/relationships/collections1/sexual-offences-act-1967/wolfenden-report-/ Vile, John. “Griswold v. Connecticut (1965).” The First Amendment Encyclopedia. 2009. https://www.mtsu.edu/first-amendment/article/579/griswold-v-connecticut Yale Medicine Magazine. “An arrest in New Haven, contraception and the right to privacy.” https://medicine.yale.edu/news/yale-medicine-magazine/article/an-arrest-in-new-haven-contraception-and-the/ See omnystudio.com/listener for privacy information.