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As millions of Americans are expected to lose health insurance coverage following federal cuts to Medicaid and the Affordable Care Act, states are searching for new ways to prevent medical debt before it starts. In this episode of Tradeoffs, economist Neale Mahoney explains the research into strategies for relief from high healthcare costs and evaluates policy fixes to protect consumers. Guest(s):Neale Mahoney, professor of economics, Trione Director of Stanford Institute for Economic Policy Research, Stanford University.Learn more: Read the full reporting and explore additional resources on our website.Want more Tradeoffs? Join more than 5,500 readers who trust Tradeoffs for clear, deeply reported health policy insights. Sign up for our free weekly newsletter.Tradeoffs helps you cut through the noise with clear, deeply reported journalism on the forces driving health care's toughest choices — reporting you won't find anywhere else. If our work helps you stay informed, support it with a donation today.This episode was produced by Melanie Evans, edited by Ryan Levi and Dan Gorenstein, and mixed by Andrew Parrella.The Tradeoffs theme song was composed by Ty Citerman. Additional music this episode from Blue Dot Sessions and Epidemic Sound.Tradeoffs reporting for this story was supported, in part, by Arnold Ventures. Hosted on Acast. See acast.com/privacy for more information.
Defence spending is rising whether voters like it or not. The UK has committed to 2.5% of national income and aims for nearer 3.5% over the next decade, £30bn a year for each percentage point. What does the country get back? Can defence spending be pro-growth?In this week's VoxTalk, John Van Reenen (LSE) argues that getting a return on investment based on innovation need not be left to luck. For example nuclear power, GPS and the internet all began as military projects. The spillovers can be planned for; the trick is to make defence spending innovation-rich, and make procurement work better.Traditional top-down procurement mostly produces lock-in: the same firms winning over and over. Van Reenen's study of a project at the US Air Force shows the difference: when it asked firms what they could build, rather than telling them what to make, the competitions brought in startups, generated more original patents, and spilled ideas into the civilian economy. The research behind this episode:Moretti, Enrico, Claudia Steinwender, and John Van Reenen. 2025. "The Intellectual Spoils of War? Defense R&D, Productivity, and International Spillovers." The Review of Economics and Statistics 107 (1). An ungated version is available as NBER Working Paper No. 26483.Howell, Sabrina T., Jason Rathje, John Van Reenen, and Jun Wong. 2025. "Opening Up Military Innovation: Causal Effects of Reforms to US Defense Research." Journal of Political Economy 133 (11). An ungated version is available as NBER Working Paper No. 28700.To cite this episode:Phillips, Tim, and John Van Reenen. 2026. “Making defence spending pay.” VoxTalks Economics (podcast).Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestJohn Van Reenen is the Ronald Coase School Professor at the London School of Economics and Director of the Programme on Innovation and Diffusion at the Centre for Economic Performance. He chairs the Council of Economic Advisors to the Chancellor of the Exchequer and is a Research Fellow of the Centre for Economic Policy Research and the NBER. His research spans innovation, productivity, industrial organisation, and the public policies that shape them.Research cited in this episodeCrowding in, not crowding out. Moretti, Steinwender and Van Reenen tracked industries across twenty-three economies over several decades and found that higher defence R&D spending raised private R&D rather than displacing it, with knock-on gains for productivity growth in the following decades.The SBIR Open Topics reform. The US Air Force Small Business Innovation Research programme traditionally ran "conventional" competitions specifying the technology wanted; from 2018 it added "open" competitions inviting firms to propose any idea useful to the Air Force. Howell, Rathje, Van Reenen and Wong compared near-winners with near-losers and found the open awards produced new military technology, more original patents, and civilian spillovers such as venture capital funding; the conventional awards mostly produced lock-in.Spin-offs from military research. Nuclear power, GPS and the internet each began as military projects before becoming civilian technologies; Van Reenen reaches back further to the claw of Archimedes, built to fend off the Roman fleet at Syracuse, as an early example of defence invention finding a wider use.The Draghi report. Van Reenen worked with Mario Draghi on his 2024 report on European competitiveness; he draws on it to argue that fragmented standards and duplicated procurement across Europe waste money, and that common standards and joint procurement would let countries specialise where they hold a comparative advantage.More VoxTalks Economics episodesIn January, Tim spoke to Moritz Schularick of the Kiel Institute for the World Economy about whether Europe can convert its industrial base into credible deterrence. Listen to Can Europe Defend Itself?
I denne episode af Rig på viden har vi besøg af Signe Krogstrup, direktør i Danmarks Nationalbank, til en samtale om globale økonomiske ubalancer og deres betydning for verdensøkonomien.Med udgangspunkt i rapporten The New Global Imbalances, som Signe har bidraget til sammen med Thomas Harr for Centre for Economic Policy Research, diskuterer vi blandt andet Kinas voksende handelsoverskud, USA's vedvarende underskud, Europas investeringsudfordringer og risikoen for stigende protektionisme.Vi taler også om, hvorfor handelsbalancer igen er blevet et centralt økonomisk tema, om de globale ubalancer udgør en trussel mod den finansielle stabilitet, og hvad udviklingen kan betyde for Europa og Danmark i de kommende år.Følg os på LinkedIn:André: www.linkedin.com/in/andréthormann/Intro musik:Deadly Roulette by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/3625-deadly-rouletteLicense: http://creativecommons.org/licenses/by/4.0/
In January 1860 the New York Times gave its blessing to a new machine: the sewing machine. These "iron needle-women", it wrote, were the only invention that could be claimed “chiefly for women's benefit”. Sewing was women's work in the nineteenth century, rich or poor, and a machine could now do it in a fraction of the time. So did it set women free?Philipp Ager and Davide Coluccia have traced the adoption of the sewing machine in Massachusetts between 1850 and 1900, using census records and digitised business directories to work out who was exposed to it, in the factory and in the home. For poorer women the machine meant work, in garment factories and in boot and shoe production; they married later, had fewer children, and many never married at all. For wealthier women, who had few acceptable jobs open to them, the hours it saved went into earlier marriage and earlier motherhood. Philipp tells Tim Phillips the story of a machine that had very different impacts in different social classes.The research behind this episode:Ager, Philipp, and Davide Coluccia. 2026. "Liberation Technology? The Impact of the Sewing Machine on Women." CEPR Discussion Paper No. 21496. CEPR Press, Paris and London. CEPR Discussion Papers are gated; CEPR members and subscribing institutions can download the paper at the link.To cite this episode:Phillips, Tim, and Philipp Ager. 2026. "Did the Sewing Machine Liberate Women?" VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestsPhilipp Ager is professor of economics at the University of Mannheim, a Research Fellow of the Centre for Economic Policy Research, and an editorial board member at Explorations in Economic History. His research spans the economic history of the United States, technological change, and the long-run effects of crises and disasters; his work on the Great Fire of London of 1666 featured in an earlier episode of VoxTalks Economics.Research and sources cited in this episodeThe Song of the Shirt. Thomas Hood's poem about a destitute seamstress was first published anonymously in Punch in December 1843. Hood based it on the case of Mrs Biddell, a London widow prosecuted after pawning clothes she had been given to sew. Godey's Lady's Book. The most widely read women's magazine in the US at the time crowned the sewing machine "the queen of inventions" in 1860, having calculated that a man's shirt took 20,620 stitches and 14 hours to sew by hand, against an hour and a quarter by machine. Singer and the Sewing Machine: A Capitalist Romance. Ruth Brandon's 1977 biography of Isaac Singer (Google Books) is the source for both Singer quotations read in this episode. .How the Other Half Lives. Jacob Riis, a Danish-born police reporter in New York, published his account of tenement and sweatshop life in 1890 (free at Project Gutenberg). The shirtmaker's testimony read in this episode was given to the State Board of Arbitration during the shirtmakers' strike and reported by Riis in his chapter on the working girls of New York.The household appliance revolution. Philipp contrasts the sewing machine with the washing machines and vacuum cleaners that arrived two generations later, which economists have credited with freeing women to join the workforce; "Engines of Liberation" by Jeremy Greenwood, Ananth Seshadri and Mehmet Yorukoglu, Review of Economic Studies, 2005, covers this topic. The sewing machine saved time in the same way, but in the 1860s far fewer acceptable jobs awaited the women whose time it saved.More VoxTalks Economics episodesThe economic effect of the Great Fire of London. Philipp Ager's previous visit to VoxTalks Economics, with Paul Sharp, on what contemporary records reveal about London's uneven recovery after 1666.Related reading on VoxEUGender norms and the labour market, a VoxEU column on how norms, both internalised and enforced by peers, constrain women's labour market outcomes; the modern counterpart of the stigma that kept married women in Massachusetts out of paid work.
The standard story of American innovation features Silicon Valley, venture capital, and the heroic startup founder.When you trace the history of the internet, GPS, mass-produced penicillin, or the COVID vaccine, the starting point is not a term sheet but a government grant. How much does this matter, and can we measure it?Tim Phillips speaks to Paolo Surico of London Business School and CEPR who, working with Andrea Gazzani, Joseba Martinez, and Filippo Natoli, has built the first systematic empirical account of how government-funded innovation has shaped US productivity since the Second World War. The headline result: government-funded patents account for roughly 2% of all patents filed in the post-war period, but explain around 20% of medium-term fluctuations in total factor productivity and GDP growth. The return on every dollar of public R&D is more than double the return on every dollar of private R&D. The key mechanism is not that government crowds out private investment; it crowds it in. For every dollar of public research, roughly another dollar of private investment follows, as talent from universities and research institutes moves into startups that commercialise what the public sector seeded. The logic is high-risk, high-reward: the government takes on the uncertainty and fixed costs that the private sector will not bear, accepting a large number of failures in order to find the breakthroughs that private capital would never have funded. The model is now under pressure: 2025 brought the largest cuts to US federal science funding in the post-war period. AI adds a further complication: for the first time, a general-purpose technology is being driven primarily by private capital, and that capital is now pulling the best scientific talent out of research institutes and universities and into industry. If that shift becomes permanent, the direction of innovation will be shaped by profitability rather than by broad productivity and living standards. The paper discussed in this episode:Gazzani, Andrea, Joseba Martinez, Filippo Natoli, and Paolo Surico. 2026. "The Public Origins of American Innovation." CEPR Discussion Paper DP20788. Centre for Economic Policy Research. [gated]To cite this episode:Phillips, Tim, and Paolo Surico. 2026. "The Public Origins of American Innovation." VoxTalks Economics (podcast/video). Assign this as extra viewing. The citation above is formatted and ready for a reading list or VLE.About the guestPaolo Surico is Professor of Economics at London Business School and a Research Fellow of CEPR. [verify URL before publishing] His research focuses on macroeconomics, monetary policy, and the economics of innovation and growth. He has advised central banks and governments on macroeconomic policy and is one of the leading empirical macroeconomists working on the aggregate effects of technology and public investment.Research cited in this episodeScience: The Endless Frontier (Vannevar Bush, 1945) is the report commissioned by President Roosevelt as the Second World War was ending. Bush, Roosevelt's chief scientific advisor, was asked to distil what the wartime mobilisation of research had taught, and how it could be translated into a peacetime innovation ecosystem. The report identified three pillars: government, to set the direction of innovation by funding areas of strategic importance; research institutes and universities, to push the frontier of knowledge without the constraint of commercial goals; and the private sector, to transform new knowledge into new products. The framework became the organisational blueprint for post-war American science and, Surico argues, is the institutional foundation of American technological and economic leadership. The report is in the public domain and available online.The NIH and NSF are the two federal agencies whose funded innovations show the strongest subsequent links to productivity growth in the paper's results. The NIH (National Institutes of Health) funds health and biomedical research; the NSF (National Science Foundation) funds basic research across science and engineering. Both are predominantly funders of university and research-institute work — which is, Surico argues, precisely why their output generates larger productivity gains than defence-funded innovation. The result is not that health research is inherently more productive than defence research; it is that both the NIH and NSF fund more basic, frontier-pushing work, and that basic research generates the largest spillovers regardless of the department that pays for it.Crowding in versus crowding out is the central empirical question in the public R&D literature. Crowding out would mean that government spending on research displaces private spending that would have happened anyway, leaving total innovation roughly unchanged. Crowding in means the opposite: public research creates opportunities and trains talent that then attracts additional private investment. The paper finds consistent evidence of crowding in, particularly when government funds flow to universities and research institutes. For every dollar of public R&D, roughly another dollar of private investment follows, typically as researchers from publicly funded institutions move into startups to commercialise what they developed. This is why the aggregate return on public R&D is more than double the return on private R&D, even though government-funded patents are only two percent of the total.The Solyndra and Tesla parallel is used to illustrate why anecdote-based arguments about public R&D are unreliable. Solyndra — a solar energy company that received a US government loan guarantee and then failed spectacularly — is a frequently cited example of government waste in innovation funding. Tesla received a loan guarantee in the same round of funding and became one of the most valuable companies in history. Surico's broader point is that the government's logic for innovation investment is high-risk, high-reward: it should expect and accept a large number of failures, because the gains from the successes — when they are large enough — more than compensate for the losses. Evaluating public R&D by its failures misses this; evaluating it by its headline successes also misses it. Systematic analysis across the whole portfolio is required.Philippe Aghion's Nobel Prize lecture is cited by Surico on the relationship between innovation, competition, and market structure. Aghion, who shared the Nobel Prize in Economics in 2018, developed Schumpeterian growth theory — the idea that economic growth is driven by creative destruction, with new entrants displacing incumbents through innovation. The key implication Surico draws on is that incumbents have a structural incentive not to innovate disruptively, because doing so would destroy the market position they already hold. Startups, which have no existing position to protect, are the natural vehicle for disruptive innovation. This is why the paper finds that government-funded startups generate larger macroeconomic impacts than government-funded incumbents: startups have both the mandate from public funding and the commercial incentive to take market share.DARPA (the Defense Advanced Research Projects Agency) is the US defence department's high-risk research arm, responsible for funding some of the most consequential technologies of the post-war era, including early internet infrastructure. Surico mentions a less celebrated DARPA project — an attempt to embed microchips into bags for tracking, before drone technology made the approach obsolete — as an example of a genuine failure. It illustrates the high failure rate that comes with high-risk public R&D, and the importance of evaluating the portfolio rather than individual projects.The Draghi report on European competitiveness is cited by Surico as a potential catalyst for a different model of European public investment in innovation. Europe's problem, in his analysis, is not the level of public spending but its composition: too much goes to procurement and too little to basic research and later-stage startup support. Europe has the talent, the research institutes, and the early-stage startups. What it consistently lacks is the capacity to fund the scaling-up phase, which causes European innovations and innovators to be commercialised in the United States. A reallocation of spending toward public R&D that acts as a venture catalyst for later-stage startups — analogous to what Vannevar Bush's framework did for the US after 1945 — is what Surico believes the Draghi report could enable, if acted on.
08:00 — Dean Baker is Distinguished Senior Fellow at the Centre for Economic Policy Research. 33:00 — Heiko Wimmen is Project Director for the Iraq/Syria/Lebanon project at the International Crisis Group. 45:00 — Scout helped organize the April 2024 Google sit-in protest, as a member of No Tech for Aparthied and is now co-hosting Techlash — a nine-hour livestream and fundraiser on Saturday, April 18th spotlighting Big Tech's complicity in ICE surveillance, genocide, and oligarchy, while raising funds for the 50 Google workers fired for demanding accountability. The post Housing, Inflation and Jobs in the US War Economy; Plus, Lebanon and Israel Ceasefire Talks; And, “Fired 50” Google Employees Organizing Against War in Gaza Plan “Techlash” appeared first on KPFA.
Henrietta Treyz, Co-founder, Managing Partner and Director of Economic Policy Research at Veda Partners discusses the political impact the war in Iran may have on Trump administration officials. She speaks with Bloomberg's Tom Keene and Paul Sweeney. See omnystudio.com/listener for privacy information.
On 2 April 2025, the United States imposed tariffs on almost every country on earth. The next day, China responded with export controls on the entire world. In the space of one week, world trade had been weaponised as it has never been in peacetime.Richard Baldwin of IMD Business School, the founder of VoxEU and a former president of the Centre for Economic Policy Research, wrote World War Trade to make sense of the events of the last 12 months. The dramatic April salvos have settled into a trade Cold War; US tariffs and Chinese export controls are lodged in place, with neither side expecting the other to back down. And yet world trade grew in 2025; exports from every country rose except from the US, which recorded its largest trade deficit. The rest of the world is self-organising a new order. When one country joins a rules-based regional agreement, the cost of staying out rises for the next. EU-Mercosur and EU-Australia deals, stalled for years, crossed the line. An expanding CPTPP and early alignment talks between the EU and CPTPP blocs are pulling more partners in. The old system was a cathedral built and maintained largely by the US; the architect burned it down. Something else is being built in its place.The book discussed in this episode:Baldwin, Richard. 2026. World War Trade: Conflict, Containment, and the Emergent World Trading Order. Rapid Response Economics 6. CEPR Press. Free to download from CEPR Press.To cite this episode:Phillips, Tim, and Richard Baldwin. 2026. "World War Trade." VoxTalks Economics (podcast). Assign this as extra listening. The citation above is formatted and ready for a reading list or VLE.About the guestRichard Baldwin is Professor of International Economics at IMD Business School in Lausanne. He founded VoxEU, the Centre for Economic Policy Research's policy portal, and served as president of CEPR. His research spans trade policy, globalisation, and the political economy of trade; he is one of the architects of modern thinking on global value chains and the "second unbundling" of production. World War Trade is the sixth book in the CEPR Press Rapid Response Economics series.Research cited in this episodeTACO (Trump Always Chickens Out) began as a joke in finance markets as a description of the pattern in which the US president announces aggressive trade measures and then partially or fully reverses them when markets react or negotiations begin. Baldwin argues that financial markets eventually priced in a TACO floor; once they believed Trump would back down before a full market meltdown, they stopped reacting to his escalations as if they were terminal. The dynamic makes tariff threats simultaneously more frequent and less credible.Domino regionalism describes the self-reinforcing logic by which regional trade agreements attract new members. When one economy gains preferential access to a large market, the cost of staying outside that agreement rises for its trading partners; that pressure brings in the next country, which raises the cost for the next, and so on. Baldwin identified this mechanism in the regional trade wave of the 1990s and argues it is now operating again, accelerated by the uncertainty created by US and Chinese trade weapons. The EU-Mercosur deal unblocking was the trigger; EU-Australia followed within weeks.G-0 world is a concept developed by political scientist Ian Bremmer to describe a world in which no single country or group of countries provides consistent global leadership. Baldwin draws on this framework to explain why regional conflicts and trade disputes have become harder to contain since the US began stepping back from its hegemonic role; the trade cold war is one expression of that leadership vacuum, but so is the reduced capacity to broker deals in the Middle East or manage the Black Sea grain corridor.CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) is a rules-based regional trade agreement covering eleven countries across Asia and the Pacific, including Japan, Canada, Australia, Vietnam, and the United Kingdom. It operates without US or Chinese membership and maintains deep disciplines on intellectual property, investment, and trade in services. Baldwin identifies it, alongside the EU, as one of the two main "pools of predictability" around which the new post-war trading order is forming. The two blocs have opened alignment discussions that, if concluded, would bring a very large share of world trade under compatible rules.RCEP (Regional Comprehensive Economic Partnership) is a large but shallower regional agreement covering much of Asia, including China, Japan, South Korea, Australia, and the ten ASEAN nations. It involves Chinese leadership and does not carry the depth of disciplines found in CPTPP. Baldwin notes that it is rules-based and that as long as China plays by those rules it could enlarge; but it has not attracted the same wave of new joiners as CPTPP and the EU framework.The EU Anti-Coercion Instrument is a European Union mechanism, adopted in 2023, allowing the EU to retaliate against third countries that use trade or economic measures to coerce member states into changing their policies. Baldwin cites it as an example of the "building bunkers" response adopted by many economies; rather than retaliating directly against US tariffs, countries are changing their domestic laws to give themselves tools to counter future coercion without breaching WTO rules.More VoxTalks Economics episodesThis is the second time Richard Baldwin has discussed the 2025 trade upheaval on VoxTalks Economics. He appeared alongside Gene Grossman of Princeton in What's Next for Trump's Tariffs, broadcast in January 2026, which covered the seismic moves of 2025 as they were unfolding.
Called the “Godfather of the Silicon Valley's Indian Mafia” by Fortune magazine, Kanwal Rekhi's successful journey through the top ranks of the tech world in many ways mirrors the rise of modern India. Now Rekhi comes to Commonwealth Club World Affairs to share his personal account of business leadership and of U.S.-India relations.In his rapid rise through the tech industry, Rekhi rubbed shoulders with luminaries such as Gates, Jobs and Ellison, and he would go on to advise presidents and prime ministers on culture-shifting policies. He is perhaps best know for his work inspiring and launching the careers of thousands of aspiring entrepreneurs, many of whom have become millionaires and even billionaires. He shares stories of his life, career, and outlook in his new book The Groundbreaker, reflecting on what it meant to be an American at the dawn of the digital age, what it means to be an American now amid massive change and uncertainty, and why he believes democracy is crucial to the role that entrepreneurs play in building a better tomorrow. Drawing on his roles as an advisory board member at Stanford's Institute of Economic Policy Research and Rand Corporation's Center for Asian Pacific Policy, Rekhi explores the precarious but interdependent relationships between the United States, India, China and Russia; and how competition and alliances might evolve in the future, especially between America and India; and why the cooperation of the world's oldest democracy and the world's largest democracy is crucial to the continued balance of global power. Join us to hear Rekhi's call to action—for dreamers, doers, and those brave enough to bet on themselves. Learn more about your ad choices. Visit megaphone.fm/adchoices
SHOWNOTES: • American Journal of Preventive Medicine. (2025). The health and economic burden of employee burnout to U.S. employers. American Journal of Preventive Medicine, 68(4). https://www.ajpmonline.org/article/S0749-3797(25)00023-6/abstract • Breathe HR. (2024). The unused holiday & burnout epidemic. https://www.breathehr.com/en-gb/resources/holiday-burnout-report-2024 • Champion Health. (2024). Workplace health report 2024. • Deloitte. (2024, May 17). The projected costs and economic impact of mental health inequities in the United States. Deloitte Insights. https://www2.deloitte.com/us/en/insights/industry/health-care/economic-burden-mental-health-inequities.html • Eagle Hill Consulting. (2024, December 5). Nearing 2025, almost half of workers expect to leave some vacation time unused. HR Dive. https://www.hrdive.com/news/nearing-2025-almost-half-of-workers-unused-vacation-time/734609/ • Effectory. (2024, January 11). The emotional and economic costs of overlooking wellbeing in the workplace. https://www.effectory.com/knowledge/the-emotional-and-economic-costs-of-overlooking-wellbeing-in-the-workplace/ • Gallup. (2025, March 27). The economic cost of poor employee mental health. https://www.gallup.com/workplace/404174/economic-cost-poor-employee-mental-health.aspx • Illinois Department of Labor. (2024). Paid Leave for All Workers Act. https://labor.illinois.gov/laws-rules/paidleave.html • Illinois Department of Labor. (2024). Paid Leave for All Workers Act FAQ. https://labor.illinois.gov/faqs/paidleavefaq.html • Lane Report. (2024, July 24). One-third of U.S. employees' PTO, vacation days go unused. https://www.lanereport.com/175306/2024/07/one-third-of-u-s-employees-pto-vacation-days-go-unused/ • MHFA England. (2024, November 21). Key workplace mental health statistics for 2024. https://mhfaengland.org/mhfa-centre/blog/Key-workplace-mental-health-statistics-for-2024/ • National Alliance on Mental Illness. (2025, February 18). The 2024 NAMI workplace mental health poll. https://www.nami.org/support-education/publications-reports/survey-reports/the-2024-nami-workplace-mental-health-poll/ • Nekoei, A., et al. (2024). The economics of burnout. Centre for Economic Policy Research. https://cepr.org/voxeu/columns/economics-burnout • SHRM. (2024, April 12). Why mental health will be one of the biggest topics of 2024. https://www.shrm.org/topics-tools/news/benefits-compensation/mental-health-burnout-top-trend-aflac-report • Sorbet. (2024). PTO Report 2024. • Spill. (2024). 64 workplace burnout statistics you need to know for 2024. https://www.spill.chat/mental-health-statistics/workplace-burnout-statistics • The Washington Post. (2023, December 30). The mystery of the disappearing vacation day. https://www.washingtonpost.com/business/2023/02/10/disappearing-vacation-days/
This episode considers whether today's massive AI investment boom reflects real economic fundamentals or an unsustainable bubble, and how a potential crash could reshape AI policy, public sentiment, and narratives about the future that are embraced and advanced not only by Silicon Valley billionaires, but also by politicians and governments. Justin Hendrix is joined by:Ryan Cummings, chief of staff at the Stanford Institute for Economic Policy Research and coauthor of a recent New York Times opinion on the possibility of an AI bubble;Sarah West, co-director of the AI Now Institute and coauthor of a Wall Street Journal opinion, "You May Already Be Bailing Out the AI Business"; andBrian Merchant, author of the newsletter Blood in the Machine, a journalist in residence at the AI Now Institute, and author of a recent piece in Wired on signals that suggest a bubble.
In this episode, I was joined by Charles Calomiris, Henry Kaufman Professor Emeritus of Financial Institutions in the Faculty of Business and Professor Emeritus of International and Public Affairs at Columbia Business School, Stephen Haber, A.A. and Jeanne Welch Milligan Professor, Senior Fellow at the Hoover Institution and at the Stanford Institute for Economic Policy Research, Professor of History and, by courtesy, of Economics at Stanford University, and Kiah Haslett, bank reporting veteran and creator of the Fintech Takes Banking newsletter.Charles and Stephen are the authors of 2014's excellent comparative analysis of banking and political systems, Fragile by Design, which informed our discussion and I highly recommend anyone involved in financial services read if they haven't already.Charles, Stephen, Kiah, and I had the chance to discuss:* The nature of the “Game of Bank Bargains”* Why Canadians love their banks* Some of the underlying reasons behind the growth of the shadow banking system in the US* Charles' argument that Biden-era regulators were staunchly opposed to innovation in the banking system and why he thinks that former acting Comptroller Michael Hsu was “a complete hack”* Why young people should pay more attention to the fiscal decisions coming out of Washington* The risks of “progressive ideology” and why more government may not be the answer* And much, much moreYou can find more of Charles' work here and and Stephens' here. More information on the Hoover Institution, including the ability to sign up for its newsletter, here. Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe
In a special Future of Everything podcast episode recorded live before a studio audience in New York, host Russ Altman talks to three authorities on the innovation economy. His guests – Fei-Fei Li, professor of computer science and co-director of the Stanford Institute for Human-Centered AI (HAI); Susan Athey, professor and authority on the economics of technology; and Neale Mahoney, Trione Director of the Stanford Institute for Economic Policy Research – bring their distinct-but-complementary perspectives to a discussion on how artificial intelligence is reshaping our economy.Athey emphasizes that both AI broadly and AI-based coding tools specifically are general-purpose technologies, like electricity or the personal computer, whose impact may be felt quickly in certain sectors but much more slowly in aggregate. She tells how solving one bottleneck to implementation often reveals others – whether in digitization, adoption costs, or the need to restructure work and organizations. Mahoney draws on economic history to say we are in a “veil of ignorance” moment with regard to societal impacts. We cannot know whose jobs will be disrupted, he says, but we can invest in safety nets now to ease the transition. Li cautions against assuming AI will replace people. Instead, she speaks of AI as a “horizontal technology” that could supercharge human creativity – but only if it is properly rooted in science, not science fiction.Collectively, the panel calls on policymakers, educators, researchers, and entrepreneurs to steer AI toward what they call “human-centered goals” – protecting workers, growing opportunities, and supercharging education and medicine – to deliver broad and shared prosperity. It's the future of the innovation economy on this episode of Stanford Engineering's The Future of Everything podcast.Have a question for Russ? Send it our way in writing or via voice memo, and it might be featured on an upcoming episode. Please introduce yourself, let us know where you're listening from, and share your question. You can send questions to thefutureofeverything@stanford.edu.Episode Reference Links:Stanford Profile: Fei-Fei LiStanford Profile: Susan AtheyStanford Profile: Neale MahoneyConnect With Us:Episode Transcripts >>> The Future of Everything WebsiteConnect with Russ >>> Threads / Bluesky / MastodonConnect with School of Engineering >>> Twitter/X / Instagram / LinkedIn / FacebookChapters:(00:00:00) IntroductionRuss Altman introduces live guests Fei-Fei Li, Susan Athey, and Neale Mahoney, professors from Stanford University.(00:02:37) Lessons from Past TechnologyComparing AI with past technologies and the bottlenecks to their adoption.(00:06:29) Jobs & Safety NetsThe uncertainty of AI's labor impact and investing in social protections.(00:08:29) Augmentation vs. ReplacementUsing AI as a tool to enhance, not replace, human work and creativity.(00:11:41) Human-Centered AI & PolicyShaping AI through universities, government, and global collaboration.(00:15:58) Education RevolutionThe potential for AI to revolutionize education by focusing on human capital.(00:18:58) Balancing Regulation & InnovationBalancing pragmatic, evidence-based AI policy with entrepreneurship.(00:22:22) Competition & Market PowerThe risks of monopolies and the role of open models in fair pricing.(00:25:22) America's Economic FunkHow social media and innovation are shaping America's declining optimism.(00:27:05) Future in a MinuteThe panel shares what gives them hope and what they'd study today.(00:30:49) Conclusion Connect With Us:Episode Transcripts >>> The Future of Everything WebsiteConnect with Russ >>> Threads / Bluesky / MastodonConnect with School of Engineering >>>Twitter/X / Instagram / LinkedIn / Facebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Scientific Sense ® by Gill Eapen: Prof. Stephanie Schmitt-Grohé is Professor of Economics at Columbia University, an Associate of the National Bureau of Economic Research and a Research Affiliate at the Centre for Economic Policy Research. Her research focuses on the design of monetary and fiscal policies, including optimal macroprudential policy, and on understanding the sources and propagation of macroeconomic shocks within and across countries.Please subscribe to this channel:https://www.youtube.com/c/ScientificSense?sub_confirmation=1
In this episode of The Sound of Economics, host Rebecca Christie is joined by Bruegel's Director Jeromin Zettelmeyer and Affiliate Fellow Ben McWilliams to discuss new research on climate action and international cooperation. They present their chapter in the Paris Report 3, exploring the decarbonisation of energy-intensive industries, the design of the Clean Industrial Deal, and relatively high energy costs. They discuss how the EU could work in partnership with developing countries to achieve efficient global industrial decarbonisation. Bruegel has released two Policy Briefs which feature in the Paris Report 3: Global Action Without Global Governance: Building coalitions for climate transition and nature restoration, a joint initiative by Bruegel and CEPR (Pisani-Ferry et al, 2025). This year's focus is on accelerating the energy transition and restoring nature in emerging and developing economies. Relevant research: McWilliams, B., S. Tagliapietra and J. Zettelmeyer (2025) ‘Reconciling the European Union's clean industrialisation goals with those of the Global South', Policy Brief 18/2025, Bruegel Pisani-Ferry, J., B. Weder di Mauro and J. Zettelmeyer (2025) ‘Building coalitions for climate transition and nature restoration', Policy Brief 17/2025, Bruegel CEPR (2025) Paris Report 3: Global Action Without Global Governance: Building coalitions for climate transition and nature restoration, Centre for Economic Policy Research, available at https://cepr.org/publications/books-and-reports/paris-report-3-global-action-without-global-governance-building
For today's episode, host Josh Sidman sat down with Willem Buiter to discuss the dynamics of monetary systems. Our conversation was held and recorded in June of 2025.Dr. Buiter is an economist, commentator, author, and consultant. Formerly, he was Chief Economist and Special Counsel to the President of the European Bank for Reconstruction and Development, a European multilateral development institution similar to the World Bank. Dr. Buiter also served as an External Member of the Bank of England's Monetary Policy Committee. From 2010 to 2018, he was the Chief Global Economist at Citigroup, and remained an economic advisor until 2019. Being an expert in Economics, he has held numerous teaching positions at esteemed universities, such as Yale and the London School of Economics. He briefly served as a consultant for the IMF's Research Department in the 70s, and has written extensively on economic issues for publications such as the Center for Economic Policy Research, Project Syndicate, Jackson Hole Economics, as well as his books and blogs. I'd love to cover more of his impressive positions, but there are too many for this introduction alone. Dr. Buiter earned his bachelor's from the University of Cambridge, and his master's and Ph.D. from Yale, all in economics. Together, we discussed Dr. Buiter's critique of fiat currencies, his thoughts on Central Bank Digital Currencies, and why monetary policy is so important to maintaining economic stability.To check out more of our content, including our research and policy tools, visit our website: https://www.hgsss.org/
This week's show is sponsored by: EPIC-MRA Public Opinion Research MIRS News Fulton Fish Market
Steve Satterwhite On Cyber is a Cybercrime Magazine Podcast series brought to you by Entelligence. In this episode, Satterwhite, founder and CEO at Entelligence, joins host Scott Schober to talk about the labor shortage from a different perspective: that of the consequences, highlighted by the Centre for Economic Policy Research's report that public companies with poor cybersecurity underperform in the stock market. An industry leader in delivering affordable, high value professional services to security-conscious enterprise and government organizations worldwide, Entelligence addresses the cyber skills gap by working as a seamless extension of each customer's organization, providing a set of customized services that include security readiness assessments, quick-start solution deployments, and longer-term resident expert engagements. Learn more about our sponsor at https://entelligence.com
On today's episode we hear a rebroadcast of the 2025 UMBC Mullen Lecture, sponsored by UMBC's Center for Social Science Scholarship and the UMBC Department of Economics. This year's lecture was delivered by Dr. Annamaria Lusardi. Dr. Lusardi is Senior Fellow at the Stanford Institute for Economic Policy Research, Director of the Initiative for Financial Decision-Making, and Professor (by courtesy) at the Stanford Graduate School of Business. Dr. Lusardi's remarks take up the question of financial literacy among ordinary people around the world. In the talk, we learn about how much people know about personal finance, who is most vulnerable to economic predations due to their lack of financial literacy, and what we can do about it. Check out the following links for more information on UMBC, CS3, and our host: The UMBC Center for the Social Sciences Scholarship The University of Maryland, Baltimore County Ian G. Anson, Ph.D. Retrieving the Social Sciences is a production of the UMBC Center for Social Science Scholarship. Our podcast host is Dr. Ian Anson, our director is Dr. Eric Stokan, and our production intern is Jean Kim. Our theme music was composed and recorded by D'Juan Moreland. Special thanks to Amy Barnes and Myriam Ralston for production assistance. Make sure to follow us on LinkedIn, Twitter, Facebook, Instagram, and YouTube, where you can find full video recordings of recent UMBC events.
This close to the end of 2024, it's clear that one of the most significant tech stories of the year was the outcome of the Google search antitrust case. It will also make headlines next year and beyond as the remedies phase gets worked out in the courts. For this episode, Justin Hendrix turns the host duties over to someone who has looked closely at this issue: Alissa Cooper, the Executive Director of the Knight-Georgetown Institute (KGI). Alissa hosted a conversation with three individuals who are following the remedies phase with an expert eye, including:Cristina Caffarra is a competition economist and an honorary Professor at University College London, and cofounder of the Competition Research Policy Network at CEPR (Centre for Economic Policy Research), London.Kate Brennan is associate director at the AI Now Institute; andDavid Dinielli is an attorney and a visiting clinical lecturer and senior research scholar at Yale Law School.
Henrietta Treyz is the Managing Partner and Director of Economic Policy Research at Veda Partners. She has provided investors with election and economic policy analysis for over 15 years, including COVID-era stimulus bills, US-China trade wars, the Great Recession, and healthcare reform. Previously, Treyz served in the U.S. Senate covering Senate Finance, Banking, and Budget Committees. Learn more at https://veda-partners.com/about-us
Nuno Palma é Professor Catedrático no Departamento de Economia da Universidade de Manchester, no Reino Unido, e Diretor do Arthur Lewis Lab for Comparative Development, da mesma universidade. Investigador do Instituto de Ciências Sociais, Universidade de Lisboa, e do Centre for Economic Policy Research, Londres. Galardoado com vários prémios internacionais, incluindo o Prémio Stiglitz, atribuído pela International Economic Association. Licenciado pela Universidade de Lisboa e doutorado pela London School of Economics. -> Apoie este podcast e faça parte da comunidade de mecenas do 45 Graus em: 45grauspodcast.com -> Deixe o seu email aqui para ser informado(a) do lançamento do Curso de Pensamento Crítico. _______________ Índice: (0:00) Introdução (4:13) Início | Livro do convidado: «As Causas do Atraso Português» | Evolução do PIB per capita de Portugal nos últimos séculos (8:36) A importância das instituições no desenvolvimento. | Prémio Nobel Economia 2024: Daron Acemoglu, Simon Johnson e James A. Robinson (13:42) Período entre 1640 e as Invasões Francesas de 1808-14 | Artigo sobre capacidade orçamental do Estado (26:01) O puzzle do fiasco da Monarquia Liberal (40:06) Primeira República | A. H. de Oliveira Marques (48:18) Estado Novo (1:03:50) Como é que uma ditadura pôde gerar desenvolvimento? (1:19:46) Transição para a democracia | O efeito do PREC (1:26:48) A Democracia | Worldwide Governance Indicators | O problema da Justiça | Evolução do nr de alunos no ensino secundário (1:46:37) Como é que o aumento da escolarização não tem gerado crescimento? | Literacia financeira 1:53:46 Desigualdade | Maldição dos Fundos Europeus? ______________ Esta conversa foi editada por: DBF Estúdio
Charles Engel is Donald Hester Professor of Economics at the University of Wisconsin. He is also a Research Associate at the National Bureau of Economic Research and a Research Fellow at the Centre for Economic Policy Research. He has been a consultant to the Dallas and Chicago branches of the U.S. Federal Reserve, the European Central Bank, and the Bank of England. In this podcast we discuss the standard model to explain FX movements, how to forecast FX, and the importance of safe-haven and liquidity demand for the dollar. Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive
“No matter how bad you think Covid policies were, they were intended to be worse,” writes Jeffrey A. Tucker of Brownstone, in a bombshell expose of the original plan for COVID-19: lockdowns for everyone, vaccinated-only public indoor spaces, and an ultimate scheme for permanent vaccine passports – and even nationwide quarantine camps. “People were to be isolated, given only food and some cleaning supplies,” writes Tucker. “There were no provisions made for any legal appeals or even the right to legal counsel.” “In other words,” Tucker concludes “this is what used to be concentration camps.” Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and at the Stanford Freeman Spogli Institute. His research focuses on the economics of health care around the world with a particular emphasis on the health and well-being of vulnerable populations. Follow Dr. Bhattacharya at https://x.com/drjbhattacharya Vanessa Dylyn is an Emmy-nominated, Canadian Screen Award-winning producer of the COVID Collateral documentary. Her credits include Werner Herzog's “Into the Inferno” for Netflix, CBC's “The Divided Brain,” and “The Musical Brain” featuring Sting, Michael Buble, and many others. Her work has been backed by major broadcasters like Netflix, CBC, and Nat Geo. Follow her at https://x.com/VanessaDylyn and watch the documentary at https://covidcollateral.com/ 「 SUPPORT OUR SPONSORS 」 Find out more about the brands that make this show possible and get special discounts on Dr. Drew's favorite products at https://drdrew.com/sponsors • CAPSADYN - Get pain relief with the power of capsaicin from chili peppers – without the burning! Capsadyn's proprietary formulation for joint & muscle pain contains no NSAIDs, opioids, anesthetics, or steroids. Try it for 15% off at https://drdrew.com/capsadyn • FATTY15 – The future of essential fatty acids is here! Strengthen your cells against age-related breakdown with Fatty15. Get 15% off a 90-day Starter Kit Subscription at https://drdrew.com/fatty15 • CHECK GENETICS - Your DNA is the key to discovering the RIGHT medication for you. Escape the big pharma cycle and understand your genetic medication blueprint with pharmacogenetic testing. Save $200 with code DRDREW at https://drdrew.com/check • PALEOVALLEY - "Paleovalley has a wide variety of extraordinary products that are both healthful and delicious,” says Dr. Drew. "I am a huge fan of this brand and know you'll love it too!” Get 15% off your first order at https://drdrew.com/paleovalley • THE WELLNESS COMPANY - Counteract harmful spike proteins with TWC's Signature Series Spike Support Formula containing nattokinase and selenium. Learn more about TWC's supplements at https://twc.health/drew 「 MEDICAL NOTE 」 Portions of this program may examine countervailing views on important medical issues. Always consult your physician before making any decisions about your health. 「 ABOUT THE SHOW 」 Ask Dr. Drew is produced by Kaleb Nation (https://kalebnation.com) and Susan Pinsky (https://twitter.com/firstladyoflove). This show is for entertainment and/or informational purposes only, and is not a substitute for medical advice, diagnosis, or treatment. Learn more about your ad choices. Visit megaphone.fm/adchoices
In a 2023 referendum, the people of Ecuador voted 59% to 41% to stop exploiting oil in the Yasuní region, one of the most biodiverse places on Earth, with more tree species in one single hectare than in all of the landmass of Canada and the US combined. It was a massive break with the global status quo, in a year when fossil fuel use around the world reached record highs and profits soared. However, the referendum was not an overnight success. It built on years of struggle, including the failed Yasuní-ITT initiative undertaken by then-president Rafael Correa in 2007, which asked foreign governments to pay Ecuador not to exploit the oil in this region. So how did it happen, and what lessons can the rest of the world learn from Ecuador? Here to answer these questions, and many more, is Andrés Arauz, a Senior Fellow at the Center for Economic Policy Research and, formerly, a politician in the Ecuadorian government. In this special episode, Adrienne speaks to Andrés about Ecuador's pursuit of climate and environmental justice, as well as the barriers facing lower income countries in the context of a highly unequal global economic system. From the International Monetary Fund to the rules of international trade, Andrés unpacks the ways that injustice is built into global capitalism, and lays out a blueprint for a radical alternative. Andrés Arauz is an economist and Senior Research Fellow at the Center for Economic Research and Policy in DC. He has an extensive and diverse background in economic policy, research, organising, and politics, serving in several positions in the Ecuadorian government and running as Vice President in the 2023 Ecuadorian elections.
“To date I have seen no evidence that any manufacturer of these magic potions consistently produces what they claim they produce,” writes Sasha Latypova, a former pharmaceutical R&D executive with over 25 years of experience, who says panic around “self-replicating mRNA” is not the real concern. “The manufacturers demonstrably are unable to manufacture a single mRNA sequence to specification (e.g. coding for Wuhan “variant”), so how are they going to make a self-replicating Wuhan variant?” says Latypova. Sasha Latypova is a former pharmaceutical R&D executive with over 25 years of experience in clinical trials, clinical technologies, and regulatory approvals. She owned and managed several contract research organizations and worked for more than 60 pharma companies worldwide. She interacted with the FDA as part of a scientific industry consortium on improving cardiac safety assessments in clinical trials. Follow her at https://x.com/sasha_latypova and read more at https://sashalatypova.substack.com Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and at the Stanford Freeman Spogli Institute. His research focuses on the economics of health care around the world with a particular emphasis on the health and well-being of vulnerable populations. Follow Dr. Bhattacharya at https://x.com/drjbhattacharya 「 SUPPORT OUR SPONSORS 」 Find out more about the brands that make this show possible and get special discounts on Dr. Drew's favorite products at https://drdrew.com/sponsors • FATTY15 – The future of essential fatty acids is here! Strengthen your cells against age-related breakdown with Fatty15. Get 15% off a 90-day Starter Kit Subscription at https://drdrew.com/fatty15 • CAPSADYN - Get pain relief with the power of capsaicin from chili peppers – without the burning! Capsadyn's proprietary formulation for joint & muscle pain contains no NSAIDs, opioids, anesthetics, or steroids. Try it for 15% off at https://drdrew.com/capsadyn • CHECK GENETICS - Your DNA is the key to discovering the RIGHT medication for you. Escape the big pharma cycle and understand your genetic medication blueprint with pharmacogenetic testing. Save $200 with code DRDREW at https://drdrew.com/check • PALEOVALLEY - "Paleovalley has a wide variety of extraordinary products that are both healthful and delicious,” says Dr. Drew. "I am a huge fan of this brand and know you'll love it too!” Get 15% off your first order at https://drdrew.com/paleovalley • THE WELLNESS COMPANY - Counteract harmful spike proteins with TWC's Signature Series Spike Support Formula containing nattokinase and selenium. Learn more about TWC's supplements at https://twc.health/drew 「 MEDICAL NOTE 」 Portions of this program may examine countervailing views on important medical issues. Always consult your physician before making any decisions about your health. 「 ABOUT THE SHOW 」 Ask Dr. Drew is produced by Kaleb Nation (https://kalebnation.com) and Susan Pinsky (https://twitter.com/firstladyoflove). This show is for entertainment and/or informational purposes only, and is not a substitute for medical advice, diagnosis, or treatment. Learn more about your ad choices. Visit megaphone.fm/adchoices
Sunaina Sinha Haldea is the Global Head of the Private Capital Advisory group. Prior to joining Raymond James, she was the founder and Managing Partner of Cebile Capital, a placement agent and secondaries advisor, which was acquired by Raymond James, a Fortune 500 and NYSE-listed company, in May 2021. Under her leadership, Cebile Capital quickly became one of the leading advisors to private funds sponsors globally. In her tenure, Sunaina has executed fundraises for leading private equity funds and completed over a hundred secondaries transactions for GPs and LPs alike, including multifarious complex liquidity solutions. Ms. Sinha Haldea was named one of the 50 Most Influential People in Private Equity by Dow Jones Private Equity News for consecutive years in 2022 and 2023. Ms. Sinha Haldea is also a prolific angel investor and Non-Executive Director. She served as Chairman of the Board of Mindful Chef (now Nestle), and Chairman of the Board of Barrecore (now United Fitness Brands). She currently serves on the Boards of SFC Energy AG, listed on the Stoxx, and Grana LLC. Ms. Sinha Haldea has also been a Guest Lecturer at Stanford University serves on the boards of the Stanford Institution for Economic Policy Research and the Stanford LEAD Council. She has written and published case studies for the Stanford Technology Ventures Program in the Stanford School of Engineering. Ms. Sinha Haldea is a regular contributor on the financial markets and private equity on CNBC, Bloomberg, BBC and is often quoted in the media on market insights and private capital advisory. She has won numerous awards and accolades for entrepreneurship and leadership. Sunaina is passionate about diversity and inclusion in the workplace. She often credits meditation as the key to her success and has shared her personal and professional journey on podcasts. Ms. Sinha Haldea obtained a BS in Management Science and Engineering and an MS in Chemical Engineering, both from Stanford University where she was also a Mayfield Fellow. She has an MBA from Harvard Business School. In her spare time, Ms. Sinha Haldea is a keen wine enthusiast, having qualified as a Certified Sommelier from the Court of Masters Sommeliers.
Jay Bhattacharya is a Professor of Medicine at Stanford University. He is a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and at the Stanford Freeman Spogli Institute. He holds courtesy appointments as Professor in Economics and in Health Research and Policy. He directs the Stanford Center on the Demography of Health and Aging. Dr. Bhattacharya's research focuses on the economics of health care around the world with a particular emphasis on the health and well-being of vulnerable populations. Dr. Bhattacharya's peer-reviewed research has been published in economics, statistics, legal, medical, public health, and health policy journals. He holds an MD and PhD in economics from Stanford University. In this podcast conversation, we talk about the intersection between politics and covid, including what we now know about various hot topics related to the Covid19 pandemic: the efficacy of lockdowns, vaccines, natural immunity, and other debated topics. Learn more about your ad choices. Visit megaphone.fm/adchoices
Ralph welcomes Dr. Feroze Sidhwa, an American trauma surgeon who worked at the European Hospital in Khan Younis. They'll discuss Dr. Sidhwa's experience on the ground in Gaza, as well as his letter (co-signed by 45 other American medical practitioners) to President Biden, VP Harris, and First Lady Dr. Jill Biden. Then, Ralph is joined by University of Chicago Booth School of Business Professor Luigi Zingales to look at why business schools are setting capitalism up to fail.Dr. Feroze Sidhwa is a trauma and critical care surgeon as well as a Northern California Veterans Affairs general surgeon, and he is Associate Professor of Surgery at the California Northstate University College of Medicine. Dr. Sidhwa served at the European Hospital in Khan Younis in March and April of this year, and he has done prior humanitarian work in Haiti, the West Bank, Ukraine, and Zimbabwe. Dr. Sidhwa and 45 other American doctors and nurses who have served in Gaza recently sent a letter exhorting President Biden, VP Harris, and First Lady Dr. Jill Biden to effect an immediate ceasefire. Gaza is definitely unique compared to anywhere else that I've been—the level of violence, the level of displacement, the level of deprivation of normal things that society provides.Dr. Feroze SidhwaThere's so much in this letter, listeners, that you need to know about because it's such heartfelt and professionally documented close observation. This short interview cannot do justice to the horrors that Dr. Sidhwa and others observed—and they were just there for a few weeks. Ralph NaderOne of the things that we tried to emphasize in the letter is that we don't have anything to say about the politics of the Israel-Palestine conflict…We, as physicians, that's not what we're talking about. We're talking about our own participation in a massive unprecedented assault on a civilian population. By a military that we fund—we supply, literally every day. We provide the training. We provide all the diplomatic cover. The economic support. Everything is coming from the United States. And in the end, the Israelis have already decided what they're going to do. They have decided to destroy Gaza. If half the people there die, oh well, if all of the people there die, oh well. But we don't have to be involved in it.Dr. Feroze SidhwaI think the situation in Gaza has reached such a level, the political moment in the U.S. with Biden not running again, has reached a certain level, and then with Netanyahu's bonker address to Congress—when Nancy Pelosi is openly criticizing the Prime Minister of Israel, he's really screwed up.Dr. Feroze SidhwaLuigi Zingales is the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business. He co-developed the Financial Trust Index, which is designed to monitor the level of trust that Americans have toward their financial system. He is currently a faculty research fellow for the National Bureau of Economic Research, a research fellow for the Center for Economic Policy Research, a fellow of the European Governance Institute, and the director of Chicago Booth's Stigler Center for the Study of the Economy and the State. Professor Zingales is the co-host (with Bethany McLean) of the podcast Capitalisn't, and co-author (with Raghuram G. Rajan) of the book Saving Capitalism from Capitalists. These days, there is a lot of attention in business school about the environment, about so-called social responsibility, about all these aspects…but business schools like to keep separate the social aspects from the business aspects. So, in many places now there are classes on social entrepreneurship—which is something very interesting where people try to use their entrepreneurial skills to promote an initiative that is good for society at large, even if it's not necessarily profitable. But then if you are not a social enterprise, then you have to be the most capital, profit-maximizing firms on the face of the earth. There is nothing in between.Professor Luigi ZingalesOne year there was a management conference, and I organized a session on corporate fraud. And I expected a lot of people to show up and listen to the panel. In fact, it was a fiasco. Almost nobody showed up, because they don't want to confront their own limitations and problems. They want to see the more glitzy and shiny aspects of success. And that's what attracts them to business school, and that's what we end up selling to them. So I think that we are in part responsible because we cater too much to their own demand. Professor Luigi ZingalesIn Case You Haven't Heard with Francesco DeSantisNews 7/31/241. On Monday, nine Israeli soldiers were arrested on suspicion of raping a Palestinian prisoner at the Sde Teiman detention facility. In response, the Middle East Eye reports “Dozens of people…including members of parliament and Heritage Minister Amichai Eliyahu, gathered outside Sde Teiman and stormed the…facility…[and] Hours later, some 1,200 rioters gathered outside the Beit Lid base, where the nine suspects were taken for questioning.” This piece quotes military chief of staff Herzi Halevi who described the riots as “bordering on anarchy” and said the rioters harmed the military. Yet, “Finance Minister Bezalel Smotrich described the suspects as as ‘heroic warriors'…[and] National Security Minister Itamar Ben Gvir, who oversees the prisons where Palestinians are detained, called [the suspects] the ‘best heroes' and described the arrests as ‘shameful'.” One of these soldiers has now been released, according to the Middle East Monitor.2. Israeli Prime Minister Netanyahu addressed Congress last week amid mass protests in Washington D.C. During his speech, Axios reports six spectators were arrested for “disrupting” the address. All six of these demonstrators are family members of the Israeli hostages. Capitol Police spokesperson Brianna Burch is quoted saying “demonstrating in the Congressional Buildings is against the law.”3. In the U.K., the new Labour government is sending mixed messages on their Middle East policy. Late last week, the government announced that they would drop the United Kingdom's opposition to the International Criminal Court's arrest warrant against Netanyahu, per CNN. Yet this week, Foreign Secretary David Lammy announced that despite campaign promises, “Labour will…delay recognition [of a Palestinian state] indefinitely, making it conditional on Israel feeling ‘safe and secure,'” as reported by British blog Stats for Lefties. Labour continues to face pressure from independent MPs like Jeremy Corbyn on this issue.4. This week, President Nicolas Maduro was reelected in Venezuela. Elon Musk was caught spreading misinformation implying that Maduro engaged in election fraud – sharing a video that he claimed showed ballot boxes being stolen, when in fact the ballot boxes in question were actually air conditioning units, per Mediaite. The National Lawyer's Guild International Committee however, which sent a delegation to monitor the election, “observed a transparent, fair voting process with scrupulous attention to legitimacy, access to the polls and pluralism.” The NLG statement went on to decry “Despite the soundness of the electoral process, the U.S. backed opposition, with support from an anti-Maduro western press has refused to accept the results, undermining the stability of Venezuela's democracy.”5. Forbes reports that Disney has reached a deal with the unionized workers at Disneyland, ratifying a three-year contract that includes “a $24 hourly minimum wage…wage increases, seniority increases, more flexible attendance and sick leave policies, and other benefits.” This deal thus averts the first strike at the Anaheim park in four decades. Last week, More Perfect Union reported that the 14,000 unionized Disneyland workers “authorized a strike by 99%.”6. Jacobin reports “SpaceX [has won] a First Battle in Its Assault on the NLRB.” In this piece, People's Policy Project founder Matt Bruenig lays out how “SpaceX...[winning] a preliminary injunction in a Texas federal district court against the National Labor Relations Board… moves us closer to a potential Supreme Court decision declaring the NLRB unconstitutional.” This is the latest installment in the corporatist war on administrative law, which has already scored major victories in the SEC v. Jarkesy and Loper Bright Enterprises v. Raimondo cases. Bruenig notes that “For now, the district court's decision simply prevents the NLRB from processing a fairly run-of-the-mill unfair labor practice charge against SpaceX. The real question is going to be what the Supreme Court does once this case makes it to their docket. But in the meantime…it is likely that other companies subject to NLRB proceedings will seek similar injunctions.”7. A storm is brewing within the Kamala Harris campaign over Federal Trade Commission Chair Lina Khan. Democracy Now! Reports “some of the Democratic Party's biggest donors, including LinkedIn co-founder Reid Hoffman, are openly pushing Harris to fire…Khan, who has led Biden's antitrust efforts.” NBC notes that Hoffman is a billionaire megadonor and that other megadonors like Barry Diller are also calling for Khan's removal, and adds that “Khan's pro-consumer, pro-worker, anti-monopoly agenda has attracted no small amount of hate from powerful and monied interests.” On the other side, Senators Bernie Sanders and Elizabeth Warren and the Service Employees International Union – a close labor ally of Harris – have defended Khan. This battle illustrates the cross-cutting interests Harris will have to navigate as the Democratic nominee, and possibly, as president. We urge the Vice President to back Khan, not the billionaire donor class.8. The Washington Post is out with a heartbreaking new report on the increase of homelessness among “Working Americans with decent-paying jobs who simply can't afford a place to live.” This report cites data showing that homelessness, already at record highs, is only getting worse – growing by 61% in Southeast Texas over the past year, 35% in Rhode Island, and 20% in northeast Tennessee. Throughout the country, rents have risen by over 32% in four years and overall homelessness by 12%.9. In another disturbing economic trend, a new academic working paper out of UCLA and USC analyzes how the “widespread legalization of sports gambling over the past five years has impacted consumer financial health.” The most-discussed findings of this paper have to do with debt, with a “roughly 28% increase in bankruptcies and an 8% increase in debt transferred to debt collectors,” along with substantial increases in auto loan delinquencies and use of debt consolidation loans. As the researchers put it “these results indicate that the ease of access to sports gambling is harming consumer financial health by increasing their level of debt.”10. Finally, for some good news, the White House issued a statement Monday celebrating that “As of today, over 600,000 Teamster workers and retirees have pensions protected from devastating cuts,” as part of Biden's signature American Rescue Plan. This announcement came after the administration acted to protect 70,000 worker pensions in New England, building on similar actions in Ohio, Michigan, Illinois, Missouri, Wisconsin, Minnesota, and Pennsylvania. As the Boston Globe explains “The [American Rescue Plan] set up a special financial assistance program that allows struggling multi-employer pension plans to apply for assistance from the Pension Benefit Guaranty Corporation, a federal agency that protects the retirement incomes of workers in defined benefit pension plans.” The administration is paying particular attention to the protection of Teamsters, as that union's leadership has been flirting with an embrace of the GOP. Not one Republican voted for the American Rescue Plan.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe
All year all anyone has heard is the Fed and its rate cuts. Soft landings imply a little weakness but no worry, Jay Powell will cut rates once maybe twice and everything will be just fine. The only question is, why on earth does anyone believe this? The evidence and history of interest rate targeting - as you'll see - is indeed 100%, as in total failure. Rate cuts (like hikes) are pure superstition. Eurodollar University's Money & Macro AnalysisEURODOLLAR UNIVERSITY'S LIVESTREAM NEXT TUESDAY, 7/23 btw 6 - 8 pm ETEURODOLLAR UNIVERSITY'S ANNIVERSARY SALE:https://www.eurodollar.universityPBS Is the Fed going to cut interest rates? What was once a question of ‘when' is now less certainhttps://www.pbs.org/newshour/economy/is-the-fed-going-to-cut-interest-rates-what-was-once-a-question-of-when-is-now-less-certainMorningstar We Expect GDP Growth to Weaken Until Fed Starts Cutting Interest Rateshttps://www.morningstar.com/economy/we-expect-gdp-growth-weaken-until-fed-starts-cutting-interest-ratesFOMC Transcript March 1991https://www.federalreserve.gov/monetarypolicy/files/FOMC19910326meeting.pdfRemarks by Chairman Alan GreenspanRules vs. discretionary monetary policyAt the 15th Anniversary Conference of the Center for Economic Policy Research at Stanford University, Stanford, CaliforniaSeptember 5, 1997https://www.federalreserve.gov/boarddocs/speeches/1997/19970905.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Frank starts the third hour talking to Dr. Jay Bhattacharya, Professor of Medicine at Stanford University, a research associate with the National Bureau of Economics Research and a Senior Fellow at the Stanford Institute for Economic Policy Research. They discuss sickness in the U.S. and government censorship in relation to the pandemic. He moves on to talk with Ian Proud, a former British Diplomat, serving in Russia, internationalist and author of the book A Misfit in Moscow: How British Diplomacy Failed in Russia. They discuss attempts to end the Russia-Ukraine war and Putin's visit to North Korea. Learn more about your ad choices. Visit megaphone.fm/adchoices
Frank starts the show joined by WABC host Dominic Carter to discuss the passing of baseball icon Willie Mays. Frank starts the hour discussing if felons should be able to serve on a jury. He moves on to talk with Dick Larson, a counselor with a background in education as they discuss meditation and spirituality. Frank starts the third hour talking to Dr. Jay Bhattacharya, Professor of Medicine at Stanford University, a research associate with the National Bureau of Economics Research and a Senior Fellow at the Stanford Institute for Economic Policy Research. They discuss sickness in the U.S. and government censorship in relation to the pandemic. He moves on to talk with Ian Proud, a former British Diplomat, serving in Russia, internationalist and author of the book A Misfit in Moscow: How British Diplomacy Failed in Russia. They discuss attempts to end the Russia-Ukraine war and Putin's visit to North Korea. Frank wraps up the show talking about the anniversary of the imploding Titan submersible as well as the anniversary of Curtis Sliwa being shot. Learn more about your ad choices. Visit megaphone.fm/adchoices
Is the traditional office becoming a thing of the past? In this episode, we sit down with Nick Bloom, Stanford professor and LinkedIn's Top Voice on Remote Work, to uncover the transformative shifts in our work models that accelerated throughout the pandemic. With two decades of research behind him, Nick provides an in-depth look at how technology has revolutionized remote and hybrid work environments. We explore the rising popularity of hybrid work models, the slowdown of the return-to-office movement, and practical advice for executives and managers navigating this new terrain. Discover how different organizations are uniquely adapting to remote work, from consulting firms to call centers. Nick shares valuable insights on how to balance flexibility with performance and the profound benefits of remote work. We dive into the importance of tailored approaches based on job nature and organizational needs, offering crucial recommendations for both startups and larger companies who are embracing or considering hybrid models. Furthermore, we discuss the challenges of managing hybrid and fully remote teams, and the impact of these models on diversity, equity, and inclusion (DEI) initiatives. We close out the episode discussing mental health, employee retention, and the economic reshaping due to the "donut effect.” Join us for an enlightening conversation and stay ahead of the curve in the evolving landscape of the future world. What You'll Learn: - The balance between flexibility and performance - How to tailor hybrid work for various roles and organizations - The benefits of remote work that equate to an 8% pay raise - Strategies for integrating successful remote work practices into your organization - The crucial role of choice and flexibility for mental health - Solving the mystery of remote onboarding - The ongoing shifts in workforce dynamics and hiring practices Podcast Timestamps: (00:03) - Leading Remote and Hybrid Teams (10:29) - The Future of Hybrid Work Arrangements (17:04) - Remote Work Benefits and Considerations (20:28) - Strategies for Remote Work Integration (33:06) - Remote Work – Impacts on DEI and Productivity (43:40) - Mental Health and Remote Onboarding (52:00) – The Future of (Remote) Work More of Nick: Nick Bloom is a professor in the Department of Economics and, by courtesy, at the Stanford Graduate School of Business. He co-directs the Productivity, Innovation and Entrepreneurship program at the National Bureau of Economic Research (NBER) and is a fellow at both the Centre for Economic Performance and the Stanford Institute for Economic Policy Research. Bloom's research focuses on management practices, working with McKinsey & Company and Accenture to gather extensive data and conduct management experiments, and he has extensively studied the impacts of large uncertainty shocks on the U.S. economy. He lives on the Stanford campus with his wife and three children, maintaining a multi-lingual household influenced by his London roots and his Scottish wife. LinkedIn: https://www.linkedin.com/in/nick-bloom-86b79510b/ Key Topics Discussed: Remote Work, Hybrid Work, Nick Bloom, Future of Work, Technology Advancements, Managing Work, Job Satisfaction, Employee Retention, Inclusion, Mental Health, Onboarding, Hiring Practices, Work Dynamics, Productivity, Flexibility, Connectivity More of Do Good to Lead Well: Website: https://craigdowden.com/LinkedIn: https://www.linkedin.com/in/craigdowden/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/craig-dowden/message
This Day in Legal History: American Red Cross FoundedOn this day in legal history, May 21, 1881, Clara Barton founded the American Red Cross. Inspired by her experiences providing care to soldiers during the Civil War and influenced by the International Red Cross in Europe, Barton established the organization to offer emergency assistance, disaster relief, and education in the United States. The American Red Cross received its first Congressional Charter in 1900, which was later updated in 1905 to formalize its responsibilities and relationship with the federal government.The charter defines the organization's mission to provide aid to victims of natural disasters and armed conflict, as well as to maintain a system of national and international relief in times of peace. Under Barton's leadership, the American Red Cross played a critical role in responding to natural disasters such as the Johnstown Flood in 1889 and the Galveston Hurricane in 1900.Today, the American Red Cross continues to be a vital component of the nation's emergency response infrastructure. It provides blood donation services, supports military families, offers health and safety training, and responds to over 60,000 disasters annually. The organization's founding marked a significant moment in the history of humanitarian aid in the United States, embodying a commitment to compassion and service that endures to this day.In recent developments regarding Rudolph Giuliani's bankruptcy, creditors are seeking documents from John Catsimatidis, the billionaire owner of WABC Radio, which recently canceled Giuliani's show. The creditors' committee has filed a motion in the US Bankruptcy Court for the Southern District of New York to subpoena Catsimatidis for communications and documents related to Giuliani's relationship with WABC, his compensation, and details about the shows he hosted.The move comes after Catsimatidis canceled Giuliani's show due to the former mayor's repeated false statements about the 2020 election. The creditors are also interested in information about Giuliani's termination, statements he made regarding the Georgia poll workers who won a $148 million defamation judgment against him, and other potential assets.Giuliani filed for Chapter 11 bankruptcy following the defamation suit loss, and his recent attempt to challenge the judgment failed. The committee has expanded its efforts to subpoena over 20 individuals associated with Giuliani, including his son, to uncover additional assets for distribution among creditors. Giuliani Creditors Target Billionaire Radio Station Owner (1)Martin Gruenberg, head of the Federal Deposit Insurance Corp. (FDIC), announced he will step down following a report of a toxic work environment at the agency. The report, conducted by Cleary Gottlieb Steen & Hamilton, detailed allegations of harassment and discrimination, highlighting a problematic culture at the FDIC during Gruenberg's tenure. Despite surviving intense congressional hearings, Gruenberg faced increasing political pressure, notably from Senate Banking Committee Chairman Sherrod Brown, who called for new leadership to implement fundamental changes.Gruenberg, who has been an FDIC board member since 2005 and served twice as chairman, promised to address the agency's issues but acknowledged his resignation once a successor is confirmed. The White House plans to quickly nominate a replacement to maintain the Democratic majority on the FDIC board, ensuring the continuation of the administration's regulatory agenda.The FDIC is currently collaborating with the Federal Reserve and the Office of the Comptroller of the Currency on new capital requirements for big banks, a contentious issue in the financial industry. Gruenberg's departure could impact these regulatory efforts, especially if the board becomes evenly split between Democrats and Republicans. House Majority Whip Thomas Emmer called for Gruenberg's immediate resignation, suggesting other capable leaders could take over.The White House expressed its commitment to appointing a new chair dedicated to consumer protection and financial stability, aiming for swift Senate confirmation. The unfolding situation underscores the ongoing challenges and political dynamics within federal financial regulatory bodies.FDIC Chair Says He'll Leave Job After Toxic Workplace Report (2)The Law School Admission Council (LSAC) is developing a new "environmental context" metric to provide law schools with more information about the socioeconomic challenges applicants face. This metric will include data on institutional student spending, graduation rates, and the percentage of undergraduates receiving federal Pell Grants. Unveiled during an American Bar Association meeting, the project aims to offer a fuller picture of applicants beyond grades and test scores.The initiative is a collaboration with The College Board, which already provides similar contextual tools for college admissions. LSAC's research director, Elizabeth Bodamer, highlighted the importance of understanding the hurdles applicants have overcome. This new metric comes after the U.S. Supreme Court's 2023 decision limiting the consideration of race in admissions, though LSAC had planned the project years earlier.Law schools are testing the metric on 2023 applications to evaluate its impact on admissions decisions. Initial findings show that applicants from high-challenge colleges are 2.5 times more likely to be first-generation students compared to those from low-challenge colleges. Additionally, nearly all applicants from low-challenge colleges are accepted into law school, while fewer than two-thirds from high-challenge colleges gain admission.Law school applicants' socioeconomic hurdles measured by new metric | ReutersIn my column this week, I discuss the IRS's acknowledgment of racial disparities in taxpayer audit rates, as highlighted by Stanford's Institute for Economic Policy Research in 2023. The IRS plans to reassess and refine its compliance mechanisms, but mere algorithm adjustments won't suffice. Accountability is crucial for addressing how these algorithms exhibited biases and ensuring taxpayers can trust the system's integrity. Transparency, such as open-sourcing the audit algorithms, is essential for enabling feedback from researchers and watchdog groups.The issue of biased algorithms extends beyond statistics. Racial disparities in audits undermine trust in the tax system, which is vital for voluntary compliance. Although algorithms aren't inherently biased, the people who create them can introduce biases, whether intentionally or not. This is evident in similar cases, such as the Netherlands' tax audit scandal, where policies flagged ethnic minorities for audits on childcare benefits, leading to widespread disallowance of said benefits and massive financial harm to numerous innocent individuals.In the U.S., the IRS's audit algorithms may disproportionately impact Black taxpayers due to the way they predict income misstatements. Stanford researchers found that Black taxpayers were audited at rates 2.9 to 4.7 times higher than non-Black taxpayers. Whether these biases are overt or incidental, the experience of those audited remains unjust.Greater transparency in audit algorithms is necessary to ensure equity across all demographics. While there are concerns about revealing audit selection criteria, the benefits of transparency outweigh the risks. Disclosing audit rates across demographics and open-sourcing the algorithms will allow for independent assessment and help identify and eliminate biases. Open-source algorithms can also expose vulnerabilities, enabling improvements.The column underscores that addressing biases in enforcement processes requires more than algorithm tweaks; it involves engaging with affected communities to rebuild trust through transparency and accountability. This level of openness is crucial for restoring taxpayer confidence in the fairness of the IRS's audit practices.IRS Racial Audit Disparities Need Accountability to Be Resolved Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe
The public discussion in a number of countries around the world expresses worries about what is called an aging society. These countries anticipate a future with fewer younger people who are active members of the economy, and a growing number of older people who need to be supported by the people still in the workforce. It's an inversion of the usual demographic pyramid, with less at the bottom, and more at the top.However, our guest in this episode recommends a different framing of the future – not as an aging society, but as a longevity society, or even an evergreen society. He is Andrew Scott, Professor of Economics at the London Business School. His other roles include being a Research Fellow at the Centre for Economic Policy Research, and a consulting scholar at Stanford University's Center on Longevity.Andrew's latest book is entitled “The Longevity Imperative: Building a Better Society for Healthier, Longer Lives”. Commendations for the book include this from the political economist Daron Acemoglu, “A must-read book with an important message and many lessons”, and this from the historian Niall Ferguson, “Persuasive, uplifting and wise”. Selected follow-ups:Personal website of Andrew ScottAndrew Scott at the London Business SchoolThe book The Longevity Imperative: How to Build a Healthier and More Productive Society to Support Our Longer LivesLongevity, the 56 trillion dollar opportunity, with Andrew Scott - episode 40 in this seriesPopulation Pyramids of the World from 1950 to 2100Thomas Robert Malthus - WikipediaDALYs (Disability-adjusted life years) and QALYs (Quality-adjusted life years) - WikipediaVSL (Value of Statistical Life) - WikipediaThe economic value of targeting aging - paper in Nature Aging, co-authored by Andrew Scott, Martin Ellison, and David SinclairA great-grandfather from Merseyside has become the world's oldest living man - BBC, 5th April 2024Related quotations:Aging is "...revealed and made manifest only by the most unnatural experiment of prolonging an animal's life by sheltering it from the hazards of its ordinary existence" - Peter Medawar, 1951"To die of old age is a death rare, extraordinary, and singular, and, therefore, so much less natural than the others; 'tis the last and extremest sort of dying: and the more remote, the less to be hoped for" - Michel de Montaigne, 1580Music: Spike Protein, by Koi Discovery, available under CC0 1.0 Public Domain DeclarationThe Neil Ashton PodcastThis podcast focuses on explaining the fascinating ways that science and engineering...Listen on: Apple Podcasts Spotify
After a storied career as a health policy expert, Stanford Medicine's Dr. Jay Bhattacharya's work became a political focal point during the COVID-19 pandemic, when he advocated against widespread lockdowns. He co-authored the Great Barrington Declaration, an open letter signed by infectious disease epidemiologists and public health scientists which advocated for a focused protection approach to COVID-19, and the Twitter Files revealed that his Twitter account had been placed on Twitter's "black list." In this conversation, he sits down to discuss how the history of American infectious disease affected our COVID response, the mimetic nature of lockdown policy, the importance of freedom of speech to the scientific endeavor, and more. Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is also a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, a senior fellow at the Stanford Freeman Spogli Institute, and the Director of the Stanford Center on the Demography of Health and Aging. He holds an MD and a PhD in Economics, both from Stanford University. Contributions to and/or sponsorship of any event does not constitute departmental or institutional endorsement of the specific program, speakers or views presented. Annika Nordquist is the Communications Coordinator of Princeton University's James Madison Program in American Ideals and Institutions and host of the Program's podcast, Madison's Notes.
After a storied career as a health policy expert, Stanford Medicine's Dr. Jay Bhattacharya's work became a political focal point during the COVID-19 pandemic, when he advocated against widespread lockdowns. He co-authored the Great Barrington Declaration, an open letter signed by infectious disease epidemiologists and public health scientists which advocated for a focused protection approach to COVID-19, and the Twitter Files revealed that his Twitter account had been placed on Twitter's "black list." In this conversation, he sits down to discuss how the history of American infectious disease affected our COVID response, the mimetic nature of lockdown policy, the importance of freedom of speech to the scientific endeavor, and more. Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is also a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, a senior fellow at the Stanford Freeman Spogli Institute, and the Director of the Stanford Center on the Demography of Health and Aging. He holds an MD and a PhD in Economics, both from Stanford University. Contributions to and/or sponsorship of any event does not constitute departmental or institutional endorsement of the specific program, speakers or views presented. Annika Nordquist is the Communications Coordinator of Princeton University's James Madison Program in American Ideals and Institutions and host of the Program's podcast, Madison's Notes. 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
After a storied career as a health policy expert, Stanford Medicine's Dr. Jay Bhattacharya's work became a political focal point during the COVID-19 pandemic, when he advocated against widespread lockdowns. He co-authored the Great Barrington Declaration, an open letter signed by infectious disease epidemiologists and public health scientists which advocated for a focused protection approach to COVID-19, and the Twitter Files revealed that his Twitter account had been placed on Twitter's "black list." In this conversation, he sits down to discuss how the history of American infectious disease affected our COVID response, the mimetic nature of lockdown policy, the importance of freedom of speech to the scientific endeavor, and more. Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is also a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, a senior fellow at the Stanford Freeman Spogli Institute, and the Director of the Stanford Center on the Demography of Health and Aging. He holds an MD and a PhD in Economics, both from Stanford University. Contributions to and/or sponsorship of any event does not constitute departmental or institutional endorsement of the specific program, speakers or views presented. Annika Nordquist is the Communications Coordinator of Princeton University's James Madison Program in American Ideals and Institutions and host of the Program's podcast, Madison's Notes. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/medicine
After a storied career as a health policy expert, Stanford Medicine's Dr. Jay Bhattacharya's work became a political focal point during the COVID-19 pandemic, when he advocated against widespread lockdowns. He co-authored the Great Barrington Declaration, an open letter signed by infectious disease epidemiologists and public health scientists which advocated for a focused protection approach to COVID-19, and the Twitter Files revealed that his Twitter account had been placed on Twitter's "black list." In this conversation, he sits down to discuss how the history of American infectious disease affected our COVID response, the mimetic nature of lockdown policy, the importance of freedom of speech to the scientific endeavor, and more. Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is also a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, a senior fellow at the Stanford Freeman Spogli Institute, and the Director of the Stanford Center on the Demography of Health and Aging. He holds an MD and a PhD in Economics, both from Stanford University. Contributions to and/or sponsorship of any event does not constitute departmental or institutional endorsement of the specific program, speakers or views presented. Annika Nordquist is the Communications Coordinator of Princeton University's James Madison Program in American Ideals and Institutions and host of the Program's podcast, Madison's Notes. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy
Denisse Salazar hosted Emeritus Professor Colin Mayer to delve into philosophical and moral discussions surrounding capitalism in modern society. They discussed why capitalism has persisted despite several attempts to diminish it and how its survival represents its moral superiority in comparison to other economic systems.***Colin Mayer is Emeritus Professor of Management Studies at the Blavatnik School of Government and Saïd Business School at the University of Oxford. He is an Emeritus Fellow of Wadham College, Oxford and an Honorary Fellow of Oriel College, Oxford and St Anne's College, Oxford. He is a Fellow of the British Academy, the Centre for Economic Policy Research, and the European Corporate Governance Institute. He was Chair of the Scottish Government Business Purpose Commission, and a member of the Board of Trustees of the Oxford Playhouse, the UK Competition Appeal Tribunal, the UK Government Natural Capital Committee, the International Advisory Board of the Securities and Exchange Board of India, and the UK Financial Markets Law Committee Working Group on Pension Fund Trustees and Fiduciary Duties.
Frank starts the show joined by WABC host Dominic Carter to talk about the Homeland Security raid of Diddy's home. Dr. Jay Bhattacharya, Professor of Medicine at Stanford University, a research associate with the National Bureau of Economics Research and a Senior Fellow at the Stanford Institute for Economic Policy Research joins the program to talk about social media censorship from the government. Learn more about your ad choices. Visit megaphone.fm/adchoices
Frank starts the show joined by WABC host Dominic Carter to talk about the Homeland Security raid of Diddy's home. Dr. Jay Bhattacharya, Professor of Medicine at Stanford University, a research associate with the National Bureau of Economics Research and a Senior Fellow at the Stanford Institute for Economic Policy Research joins the program to talk about social media censorship from the government. Frank talks about young adults living with their parents becoming more common. He also talks with Ted Widmer,a historian, librarian and the author of Martin Van Buren: The American Presidents Series: The 8th President on the life and times of Martin Van Buren. Frank starts the third hour with breaking news of Baltimore's Francis Scott Key Bridge collapsing. He moves on to discuss MSNBC hosts' reaction to Ronna McDaniel being hired. Frank wraps up the show continuing with the latest on the collapse of the Baltimore bridge. He is joined by Noam Laden for News You Can Use. George Beebe, Director of Grand Strategy at the Quincy Institute for Responsible Statecraft and author of the book The Russia Trap: How Our Shadow War with Russia Could Spiral into Catastrophe joins the show to discuss the recent terrorist attack in Russia. Learn more about your ad choices. Visit megaphone.fm/adchoices
EPISODE 1917: In this KEEN ON show, Andrew talks to Colin Mayer, author of CAPITALISM AND CRISES, about the social responsibility of business in every industry, from oil to tobacco to AIColin Mayer CBE FBA is Emeritus Professor of Management Studies and Visiting Professor at the University of Oxford. He is a Fellow of the British Academy, the Centre for Economic Policy Research and the European Corporate Governance Institute, an Emeritus Fellow of Wadham College, Oxford, an Honorary Fellow of Oriel College and St Anne's College, Oxford, and he has an Honorary Doctorate from Copenhagen Business School. He is a member of the Board of Trustees of the Oxford Playhouse, and was co-chair of the Scottish Government Business Purpose Commission, a member of the UK Government Natural Capital Committee, and the UK Competition Appeal Tribunal.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.
Dr. Jay Bhattacharya is a plaintiff in a First Amendment lawsuit against the HHS, Pres. Biden, and Dr. Fauci, after the Twitter Files revealed that Dr. Jay was targeted by the administration's efforts to censor social media posts of experts who shared dissenting opinions on lockdowns and mask mandates. Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and at the Stanford Freeman Spogli Institute. His research focuses on the economics of health care around the world with a particular emphasis on the health and well-being of vulnerable populations. Follow Dr. Bhattacharya at https://x.com/drjbhattacharya 「 SPONSORED BY 」 Find out more about the companies that make this show possible and get special discounts on amazing products at https://drdrew.com/sponsors • GENUCEL - Using a proprietary base formulated by a pharmacist, Genucel has created skincare that can dramatically improve the appearance of facial redness and under-eye puffiness. Genucel uses clinical levels of botanical extracts in their cruelty-free, natural, made-in-the-USA line of products. Get an extra discount with promo code DREW at https://genucel.com/drew • PRIMAL LIFE - Dr. Drew recommends Primal Life's 100% natural dental products to improve your mouth. Get a sparkling smile by using natural teeth whitener without harsh chemicals. For a limited time, get 60% off at https://drdrew.com/primal • THE WELLNESS COMPANY - Counteract harmful spike proteins with TWC's Signature Series Spike Support Formula containing nattokinase and selenium. Learn more about TWC's supplements at https://twc.health/drew • BIRCH GOLD - Don't let your savings lose value. You can own physical gold and silver in a tax-sheltered retirement account, and Birch Gold will help you do it. Claim your free, no obligation info kit from Birch Gold at https://birchgold.com/drew 「 MEDICAL NOTE 」 The CDC states that COVID-19 vaccines are safe, effective, and reduce your risk of severe illness. You should always consult your personal physician before making any decisions about your health. 「 ABOUT THE SHOW 」 Ask Dr. Drew is produced by Kaleb Nation (https://kalebnation.com) and Susan Pinsky (https://twitter.com/firstladyoflove). This show is for entertainment and/or informational purposes only, and is not a substitute for medical advice, diagnosis, or treatment. 「 ABOUT DR. DREW 」 Dr. Drew is a board-certified physician with over 35 years of national radio, NYT bestselling books, and countless TV shows bearing his name. He's known for Celebrity Rehab (VH1), Teen Mom OG (MTV), Dr. Drew After Dark (YMH), The Masked Singer (FOX), multiple hit podcasts, and the iconic Loveline radio show. Dr. Drew Pinsky received his undergraduate degree from Amherst College and his M.D. from the University of Southern California, School of Medicine. Read more at https://drdrew.com/about Learn more about your ad choices. Visit megaphone.fm/adchoices
Do you get grittier as you age? What's worse for mental health: video games or social media? And do baby boomers make the best D.J.s? RESOURCES:Generations: The Real Differences Between Gen Z, Millennials, Gen X, Boomers, and Silents — and What They Mean for America's Future, by Jean Twenge (2023)."5 Things to Keep in Mind When You Hear About Gen Z, Millennials, Boomers and Other Generations," by Michael Dimock (Pew Research Center, 2023)."Lock Screens," by Jean Twenge (Character Lab, 2023)."The Blurred Lines Between Goldman C.E.O.'s Day Job and His D.J. Gig," by Emily Flitter and Katherine Rosman (The New York Times, 2023).From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life, by Arthur Brooks (2022)."The Great Resistance: Getting Employees Back to the Office," by Nicholas Bloom (Stanford Institute for Economic Policy Research, 2022)."Generations and Generational Differences: Debunking Myths in Organizational Science and Practice and Paving New Paths Forward," by Cort W. Rudolph, Rachel S. Rauvola, David P. Costanza, and Hannes Zacher (Journal of Business and Psychology, 2021)."Patterns of Cumulative Continuity and Maturity in Personality and Well-Being: Evidence From a Large Longitudinal Sample of Adults," by Frank D. Mann, Colin G. DeYoung, and Robert F. Krueger (Personality and Individual Differences, 2021)."Global Prevalence of Gaming Disorder: A Systematic Review and Meta-Analysis," by Matthew W.R. Stevens, Diana Dorstyn, Paul H Delfabbro, and Daniel L King (Australian & New Zealand Journal of Psychiatry, 2020)."A Majority of Young Adults in the U.S. Live With Their Parents for the First Time Since the Great Depression," by Richard Fry, Jeffrey S. Passel, and D'Vera Cohn (Pew Research Center, 2020)."Managing the Strategy Development Process: Deliberate vs. Emergent Strategy," by Clayton Christensen (Harvard Business Review Case Study, 2019)."Distinguishing Aging, Period and Cohort Effects in Longitudinal Studies of Elderly Populations," by Robert D. Blanchard, James B. Bunker, and Martin Wachs (Socio-Economic Planning Sciences, 1977)."Gaming Disorder," by the World Health Organization.EXTRAS:"Why Can't Baby Boomers and Millennials Just Get Along?" by No Stupid Questions (2021).
Frank begins the show talking about the asteroid Bennu that could hit Earth in the year 2182 and then he speaks to Dr. Jay Bhattacharya, Professor of Medicine at Stanford University, a research associate with the National Bureau of Economics Research and a Senior Fellow at the Stanford Institute for Economic Policy Research about social media censorship at the behest of government and the latest on covid. Then, Frank speaks to Jeffrey Lichtman, veteran criminal defense attorney and the host of “Beyond the Legal Limit” about representing the son of El Chapo, Hunter Biden indictment, Bob Menendez indictment, and the news of the day. After, Frank does his Commendations. Later, he talks about anti-aging, and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices
Bloomberg Radio host Barry Ritholtz speaks with Armen Panossian, managing director and head of performing credit at Oaktree Capital Management LP, which has $179 billion in assets under management. He oversees the firm's liquid and private credit strategies, and also serves as a portfolio manager within Oaktree's global private debt and global credit strategies. He previously worked for Pequot Capital Management, where he worked on distressed debt strategy. Panossian holds an MS degree in health services research from Stanford Medical School; a JD degree from Harvard Law School; and an MBA from Harvard Business School. He serves on the advisory board of the Stanford Institute for Economic Policy Research and is a member of the state bar of California.See omnystudio.com/listener for privacy information.
In this episode, Xavier Bonilla has a dialogue with Daron Acemoglu on technology, inequality, and power. They discuss how technological progress is a choice, defining progress, power of persuasion, and needs and innovations. They also talk about innovation, globalization, and automation in the post World War II era, AI and culture, fixing the challenges of technological inequality, and many more topics. Daron Acemoglu is an economist and Institute Professor of Economics in the Department of Economics at the Massachusetts Institute of Technology (MIT) and is part of the National Bureau Economic Research and Center for Economic Policy Research. He has his Bachelors in economics from the University of York, a Masters in mathematical economics and econometrics from the London School of Economics, and a PhD in economics from the London School of Economics. He is the author of six books including, Why Nations Fail: The Origins of Power, Prosperity, and Poverty, The Narrow Corridor: States, Societies, and the Fate of Liberty (with James A. Robinson), and his most recent book, Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity (with Simon Johnson). Website: https://mitsloan.mit.edu/faculty/directory/daron-acemogluTwitter: @dacemoglumit This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit convergingdialogues.substack.com
In response to a FOIA request, the CDC released documents about their Morbidity and Mortality Weekly Report (MMWR)… but why are nearly half of the pages redacted? “The CDC does not want the public to see the details of the deliberation that produced their social media and other propaganda to advertise the MMWR study,” tweeted Dr. Jay Bhattacharya. “Nearly all of that is redacted in the FOIA dump.” Dr. Jay Bhattacharya is a Professor of Medicine at Stanford University. He is a research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and at the Stanford Freeman Spogli Institute. His research focuses on the economics of health care around the world with a particular emphasis on the health and well-being of vulnerable populations. Follow Dr. Bhattacharya at https://twitter.com/drjbhattacharya 「 SPONSORED BY 」 • PALEOVALLEY - "Paleovalley has a wide variety of extraordinary products that are both healthful and delicious,” says Dr. Drew. "I am a huge fan of this brand and know you'll love it too!” Get 15% off your first order at https://drdrew.com/paleovalley • THE WELLNESS COMPANY - Counteract harmful spike proteins with TWC's Signature Series Spike Support Formula containing nattokinase and selenium. Learn more about TWC's supplements at https://twc.health/drew • BIRCH GOLD - Don't let your savings lose value. You can own physical gold and silver in a tax-sheltered retirement account, and Birch Gold will help you do it. Claim your free, no obligation info kit from Birch Gold at https://birchgold.com/drew • GENUCEL - Using a proprietary base formulated by a pharmacist, Genucel has created skincare that can dramatically improve the appearance of facial redness and under-eye puffiness. Genucel uses clinical levels of botanical extracts in their cruelty-free, natural, made-in-the-USA line of products. Get an extra discount with promo code DREW at https://genucel.com/drew 「 MEDICAL NOTE 」 The CDC states that COVID-19 vaccines are safe, effective, and reduce your risk of severe illness. You should always consult your personal physician before making any decisions about your health. 「 ABOUT the SHOW 」 Ask Dr. Drew is produced by Kaleb Nation (https://kalebnation.com) and Susan Pinsky (https://twitter.com/firstladyoflove). This show is for entertainment and/or informational purposes only, and is not a substitute for medical advice, diagnosis, or treatment. 「 ABOUT DR. DREW 」 For over 30 years, Dr. Drew has answered questions and offered guidance to millions through popular shows like Celebrity Rehab (VH1), Dr. Drew On Call (HLN), Teen Mom OG (MTV), and the iconic radio show Loveline. Now, Dr. Drew is opening his phone lines to the world by streaming LIVE from his home studio. Watch all of Dr. Drew's latest shows at https://drdrew.tv Learn more about your ad choices. Visit megaphone.fm/adchoices
Bloomberg Radio host Barry Ritholtz speaks with Anat Admati, a professor of finance and economics at the Stanford Graduate School of Business. In addition to being a senior fellow at the Stanford Institute for Economic Policy Research and a director at the Corporations and Society Initiative, Admati is co-author of "The Bankers' New Clothes: What's Wrong With Banking and What to Do About It."See omnystudio.com/listener for privacy information.
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