Podcasts about economic rockstar

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Best podcasts about economic rockstar

Latest podcast episodes about economic rockstar

Economic Rockstar
154: Pat Holt on the Economics in Spider-Man, Wonder Woman and Black Panther

Economic Rockstar

Play Episode Listen Later Aug 17, 2018 69:11


Pat Holt is a computer engineer, a comic book geek and a born-again economics lover. Pat reached out to Brian O'Roark after listening to episode 116 of this podcast and after a while, he contributed a chapter to the book 'Superheroes and Economics: The Shadowy World of Capes, Masks and Invisible Hands' edited by Rob Salkowitz and Brian. Listen to Pat's story right here on the Economic Rockstar podcast. Check out the show notes page at www.economicrockstar.com/patholt Support the podcast on Patreon at www.patreon.com/economicrockstar

Trend Following with Michael Covel
Ep. 660: The 2018 Michael Covel Interview on Trend Following Radio

Trend Following with Michael Covel

Play Episode Listen Later May 20, 2018 61:28


Frank Conway is host of the Economic Rockstar podcast. Michael made a recent appearance on Frank’s show and shares it today on his podcast: Origins of trend following What is trend following Trend following performance Eugene Fama Momentum TurtleTrading CNBC Bitcoin

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Economic Rockstar
139: Loretta Napoleoni on North Korea The Country We Love to Hate

Economic Rockstar

Play Episode Listen Later May 6, 2018 66:29


Loretta Napoleoni returns to the Economic Rockstar podcast to talk about her work and recent book on North Korea. Loretta is an expert on terrorist financing and money laundering, and advises several governments and international organizations on counter-terrorism. Check out the show notes page at www.economicrockstar.com/lorettanapoleoni or visit Loretta's own site at www.lorettanapoleoni.net.

north korea love to hate loretta napoleoni country we love economic rockstar
Economic Rockstar
127: Barry Eichengreen on the Importance of Economic History, the IMF and Reserve Currencies

Economic Rockstar

Play Episode Listen Later Feb 8, 2018 54:36


Barry Eichengreen is Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987, and Professor of American History and Institutions, University of Cambridge. Professor Eichengreen is a Research Associate of the National Bureau of Economic Research and Research Fellow of the Centre for Economic Policy Research. Professor Eichengreen has been a fellow of the Center for Advanced Study in the Behavioral Sciences (Palo Alto) and the Institute for Advanced Study (Berlin). He is a regular monthly columnist for Project Syndicate. Professor Eichengreen is the recipient of a doctor honoris causa from the American University in Paris, and the 2010 recipient of the Schumpeter Prize from the International Schumpeter Society. Check out all the links, resources and books mentioned in this epsiode at www.economicrockstar.com/barryeichengreen Become a supporter of the Economic Rockstar podcast and have your name immortalised an a forthcoming episode. Learn more at my Patreon page over at www.patreon.com/economicrockstar

Economic Rockstar
126: Jeffrey Miron on Libertarianism, Drug Legalization and Genghis Khan

Economic Rockstar

Play Episode Listen Later Feb 1, 2018 58:44


Jeffrey Miron is a Senior Lecturer and Director of Undergraduate Studies in the Department of Economics at Harvard University, as well as a senior fellow at the Cato Institute. His field of expertise is the economics of libertarianism; he has advocated for many libertarian policies, including legalizing all drugs and allowing failing banks to go bankrupt. He has written four books including "Drug War Crimes: The Consequences of Prohibition" and "Libertarianism, from A to Z." Check out the show notes page at www.economicrockstar.com/jeffreymiron Support the Economic Rockstar at www.patreon.com/economicrockstar  

Economic Rockstar
125: Eugene Fama on the Efficient Market Hypothesis, the Federal Funds Rate, Bitcoin and Daily Routines

Economic Rockstar

Play Episode Listen Later Jan 25, 2018 60:50


Eugene F. Fama is Professor of Finance at the University of Chicago Booth School of Business. Professor Fama was awarded the 2013 Nobel laureate in economic sciences and is widely recognized as the "father of modern finance." Professor Fama's research is well known in both the academic and investment communities. He is strongly identified with research on markets, particularly the efficient markets hypothesis. He focuses much of his research on the relation between risk and expected return and its implications for portfolio management. His work has transformed the way finance is viewed and conducted. Check out the show notes page at www.economicrockstar.com/eugenefama Support the Economic Rockstar podcast on Patreon: www.patreon.com/economicrockstar

Economic Rockstar
122: Robin Hanson on The Elephant in the Brain: Hidden Motives in Everyday Life

Economic Rockstar

Play Episode Listen Later Jan 1, 2018 56:30


Firstly, I’d like to apologise to all listeners to the Economic Rockstar podcast for what seemingly appears to be me turning my back on the podcast and on you. I honestly never had planned for this and I had always intended to work hard and deliver great quality episodes to the best of my abilities with the most amazing, thought-provoking and inspiring economists to you every week. However, personal circumstances changed in my life and this impacted on the podcast. I felt that I couldn’t commit 100% to the time I had allocated to the podcast. In the meantime I’d like to thank all of you who have contacted me on Facebook, Twitter and by email enquiring about the podcast and wishing me well. I truly appreciate it and it was really nice to have my listeners get in touch and show a desire and hunger for more interviews. The realisation kicked in when I struggled to feel the natural enthusiasm that I previously had in the lead up to and during each interview process. I honestly felt that it wasn’t fair to my guests and to you by not being fully present. The last interview that I recorded (prior to this most recent one) was early in 2017 with the distinguished economist and Nobel laureate Professor Vernon Smith and ironically I felt that it was my best interview to date. I decided that I just wanted to know about the person rather than the discipline and I felt that this approach uncovered great insights into Professor Smith’s thinking and role as an economist. And perhaps it’s a coincidence that i’m releasing the first episode in almost a year on the day of Professor Smith’s birthday, January 1st. Happy 91st birthday Vernon. I’ll release my interview with Vernon soon. If you’re a fan of the podcast and would like to show your support in anyway, please check out my Patreon page at patreon.com/economicrockstar where you can sign up for any of the awards for as little as $1 a month or you can simply follow me on the Economic Rockstar Facebook page or on Twitter or simply recommend the show to a friend, especially if they have never had the opportunity to study economics. So to begin again… In this weeks episode of the economic rockstar podcast I speak to Professor Robin Hanson, associate professor of economics at George Mason University. Professor Hanson has been on the podcast on two previous occasions, episodes 73 and 91 and has kindly joined me again for a hat-trick of episodes. We talk about his new book The Elephant In the Brain: Hidden Motives in everyday life, co-authored with Kevin Simler and available to buy in all good bookstores and, of course, online through Amazon, Barnes and Noble, Book Depository and more.  Check Robin and Kevin’s website elephantintheroom.com to explore the book in finer detail as well as some great content such as interviews, reviews and a Ted talk on the subject. You can download or stream this 122nd episode as well as find all the links mentioned above at economicrockstar.com/robinhanson3

Economic Rockstar
119: Best of 2016 Part 1

Economic Rockstar

Play Episode Listen Later Jan 4, 2017 67:14


During the year I had the absolute honor to converse with some of the brightest minds in the economics. They shared with me their thinking, research and teaching methods and I personally learned a lot from them. I hope that you benefited from these conversations and that you personally felt part of it. It was difficult to choose who to include, or more accurately who to leave out. I decided on a number of common themes for this 'Best of 2016' episode. So I hope you enjoy these sound bites and if you're new to the show, I hope that this episode will give you a taste of the content in the catalogue of episodes that lie await for you on the Economic Rockstar podcast. Enjoy! The following are the episodes that I have chosen to include this year: 068: Daron Acemoglu Inequality, Philanthropy, Inclusive Institutions and Creative Destruction. 108 Steve Horowitz on the Micro Foundations of Macroeconomics and What Caused the Great Recession. 088 Denise Cummins Reciprocity and Fairness. 069 Diane Coyle GDP, the Happiness Index, the Human Development Index, The Soulful Science and How Very Human a Science Good Economics is by Being Concerned About Improving the Well-Being of People. 104 Russ Roberts Definition of Economics, Adam Smith and Happiness. 082 Peter Boettke Hayek and Keynes. 085 Michael Roberts Capitalism, Marxism, Protecting Resources and Ecology. 081 Julie Nelson Ecology and Gender. 114 Deirdre McCloskey The change that brought about the equality of liberalism and her gender transformation. Check out the links to these full episodes at www.economicrockstar.com/bestofpart1

Economic Rockstar
091: The Age of Em by Robin Hanson

Economic Rockstar

Play Episode Listen Later Jun 22, 2016 46:24


This is Robin Hanson's second appearance on the Economic Rockstar podcast. I previously spoke to Robin about his work in episode 073. If you find this interview interesting, check out the other episode. You'll love it. This is the Book Review from Amazon: "Robots may one day rule the world, but what is a robot-ruled Earth like? Many think the first truly smart robots will be brain emulations or "ems." Scan a human brain, then run a model with the same connections on a fast computer, and you have a robot brain, but recognizably human. Train an em to do some job and copy it a million times: an army of workers is at your disposal. When they can be made cheaply, within perhaps a century, ems will displace humans in most jobs. In this new economic era, the world economy may double in size every few weeks.  

Economic Rockstar
084: Mises v Marx: A Discussion with Peter Boettke

Economic Rockstar

Play Episode Listen Later May 4, 2016 60:04


Peter Boettke is Professor of Economics and Philosophy at George Mason University, the BB&T Professor for the Study of Capitalism, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University.   This is Professor Boettke's second time being featured on the Economic Rockstar podcast. You can listen to Peter's first interview in episode 82 at www.economicrockstar.com/peterboettke Professor Boettke is also the author of 'Living Economics', a book in which he decided to hand over all his royalties from its sale to help sponsor scholarships for students to attend Universidad Francisco Marroquin Guatemala City, Guatemala. According to Milton Friedman, it is "one of the leading universities in Latin America.”

Economic Rockstar
081: Julie Nelson on the Importance of Ecology in Economics and the Misconception of Gender Roles in the Economy

Economic Rockstar

Play Episode Listen Later Apr 13, 2016 48:27


Julie Nelson is Professor of Economics at University of Massachusetts Boston and Senior Research Fellow at Global Development and Environment Institute, Tufts University, also in the USA. Julie’s research areas include feminist economics, ecological economics, the philosophy and methodology of economics, ethics and economics, the teaching of economics, and the empirical study of individual and household behavior. Julie is the author of Economics for Humans and author, co-author, or co-editor of several other books including Beyond Economic Man: Feminist Theory and Economics. Professor Nelson earned a B.A. degree in Economics from St. Olaf College and an M.A. and Ph.D. in Economics from the University of Wisconsin, Madison, USA. Julie, along with Mark Maier, runs the website introducingeconomics.org Check out the show notes page at www.economicrockstar.com/julienelson for all the links and resources mentioned in this episode. Never miss an episode. Subscribe on iTunes or sign up to be a member of the Economic Rockstar community.

Economic Rockstar
080: Will Australia's Property Market and Economy Go Down Under? An Episode Featuring Steve Keen

Economic Rockstar

Play Episode Listen Later Apr 6, 2016 38:58


This weeks episode of the Economic Rockstar podcast features the Australian economy. There is talk amongst economists, analysts and commentators, be it speculative or not, that the Australian economy or it’s housing market will implode within the next 12 to 18 months. I am joined with Professor Steve Keen who explains why the property market in Australia will crash, taking down its economy.   Check out the show notes page for a transcript, links and resources mentioned in this episode at www.economicrockstar.com/australia.

Economic Rockstar
075: Kate Bahn on Monopsony in the Market for Teachers and the Economics of Retirement

Economic Rockstar

Play Episode Listen Later Mar 2, 2016 48:24


Kate Bahn is an economist at the Center for American Progress in Washington, D.C. Kate is also the co-founder and managing editor of Lady Economist, an amazing blog with rich content on how economics impacts women and girls. Kate’s economics writing has been featured in the Guardian, the Nation, the Chronicle of Higher Education and Good Magazine among others. She is also an active member of the International Association for Feminist Economics. Kate received her PhD in Economics from the New School for Social Research, where she also worked as a researcher for the Schwartz Center for Economic Policy Analysis. Kate’s scholarly research includes labor economics, gender in the economy, caring labor, and retirement. In this episode you will learn: what is a monopsony market why early-career teachers leave their profession within the first five years. about the International Association for Feminist Economics. about the economics of retirement. whether women are more risk averse than men or whether it is gender-stereotyping. which US President should be removed from a US bill and what female should replace him. and much more. Check out the show notes page where you can get all the links and resources mentioned in this episode at www.economicrockstar.com/katebahn Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode again.

Economic Rockstar
068: Daron Acemoglu on Why Nations Fail and Why Inequality Exists Between Countries

Economic Rockstar

Play Episode Listen Later Jan 13, 2016 51:31


Daron Acemoglu is the Elizabeth and James Killian Professor of Economics at Massachusetts Institute of Technology in Boston. Daron’s principal interests are political economy, development economics, economic growth, technology, income and wage inequality, human capital and training, and labour economics. Daron received his M.Sc. in Econometrics and Mathematical Economics and his Ph.D. from the London School of Economics. Daron is co-author of ‘Why Nations Fail: The Origins of Power, Prosperity, and Poverty’ which can be found at whynationsfail.com In this episode you will learn: why nations fail and others prosper. why Daron despises the term capitalism refereeing it as ‘and ugly term’. why macro variables are second order to the type of institution when explaining the prosperity of a country. why we should study political systems in an economics course. how economic decisions get made. if democracy is good for economic growth. if the political economy or the type of institution of a country explain inequality. and much more. Check out the show notes page at www.economicrockstar.com/daron. Become a PATRON of the Economic Rockstar podcast: www.patreon.com/EcoomicRockstar

Economic Rockstar
066: Best of 2015 Part 2

Economic Rockstar

Play Episode Listen Later Jan 1, 2016 96:56


This is the second part of the 'Best of 2015' of the Economic Rockstar podcast. This episode provides you with a glimpse of what type of guests and conversations I've had on the show this past year.   Previous episodes that feature in this Best of 2015 are:  022 Josh Angrist on Taking the Con Out of Econometrics. 060 Manu Saadia on Trekonomics – The Economics of Star Trek: Scarcity, Productivity and Public Goods 017 Marina Adshade on Understanding Economics the Sexy and 'Hard' Way. 049 Jon Haywood with Jez Groom on How a Cleverly Designed Nudge Can Change People’s Behavior – Including How We Pee. 019 Mark Thornton on the Decriminalization of Marijuana and the Skyscraper Curse. 027 Craig Medico on How Economics Saved My Career, How I’m Embracing Technology in the Classroom and Why I’m off to Wrestling School. 020 George Magnus on The Age of Ageing, China and the EU. 028 Alice Louise Kassens on Nudging Students to Study Economics and Why Mainstream Media Should Publish Research on Mental Health. 030 Kim Holder on Rockonomix and Teaching Economics Through the Lens of Sport, Music and Movies. 045 Jon Manning on the Art of Pricing and How Economic Theory Has Got Pricing All Wrong. Check out the shownotes at www.economicrockstar.com/sixtysix

Economic Rockstar
065: Best of 2015 Part 1

Economic Rockstar

Play Episode Listen Later Dec 30, 2015 108:47


In this episode, I've created a 'mix-tape' of the best episodes of the year. This is Part 1 of a 2 part compilation of episodes that you and I considered to be the highlights of the year. Although I did my utmost to choose a 'best of' compilation that captured the essence of this podcast, it was extremely difficult to leave out some of my amazing guests. I loved all my guests and every single one of them gave up their time to speak to me about their career, their research and personal lives. They exposed themselves to you, my amazing listeners, and answered questions that they had not seen before. It was almost impossible to choose who to leave in and who to leave out. Both end of year ‘Best of 2015’ episodes gives us a snapshot of some topics that were discussed - like a time capsule for the Economic Rockstar podcast of 2015. If you’ve been with me all year, then this episode will act as a refresher and take you back to some of the debates that abound the fields of economics. If you’re new to the show or relatively new, then perhaps these episodes will offer you a window to glimpse into the show and type of guests and topics that we cover. Hopefully, they will encourage you to explore and listen to previous episodes of the podcast. For a full listing, you can visit economicrockstar.com/podcasts. Enjoy!  

best of 2015 economic rockstar
Economic Rockstar
060: Manu Saadia on Trekonomics - The Economics of Star Trek: Scarcity, Productivity and Public Goods

Economic Rockstar

Play Episode Listen Later Nov 25, 2015 58:05


Manu Saadia fell into science fiction and Star Trek fandom at the age of eight, back in Paris, France, where he was born and raised. Manu  studied history of science and economic history in Paris and Chicago. After many happy years in the Ivory Tower, he yielded to his childhood passion for the future. Manu embarked on his continuing mission to explore strange new worlds by boldly going where many have gone before: Los Angeles, CA, where he advise and (occasionally) builds tech companies. Manu received the 2005 Wayne C. Booth Graduate Student Prize for Excellence in Teaching at the University of Chicago. His book, Trekonomics, is currently available for pre-order at www.inkshares.com and will be released in 2016. In this episode you will learn: why Manu Saadia wrote Trekonomics. about the Star Trek Economics panel at Comic Con. why economists love Star Trek. about inkshares and how it can help authors publish their book. how traditional media rather than social media boosted pre-order sales of Trekonomics - an ironic outcome. when Manu’s interested in economics and Star Trek collided. about the work of Isaac Asimov and how his stories are a discourse on economics. how the stories of robots and the future by Asimov influenced and shaped the storyline in Star Trek. about the replicators in Star Trek and how they solve the problem of economic scarcity. about the Ferengi’s and how they represent capitalism and trade. why The Federation or the humans in Star Trek do not use money but have a foreign account to trade with the Ferengi’s. and much much more. Check out the shownotes page and links mentioned in this episode at www.economicrockstar.com/manu-saadia  Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.

Economic Rockstar
059: Shawn Humphrey on La Ceiba Microfinance, Tribal Teaching and Creating a Culture of Commitment in the Classroom

Economic Rockstar

Play Episode Listen Later Nov 18, 2015 57:09


Shawn Humphrey is currently an Associate Professor of Economics at the University of Mary Washington. Shawn is the founder of the Two Dollar Challenge, La Ceiba Microfinance, the Month of Microfinance, and the Poverty Action Conference.   Shawn describes himself as a Tribal Teacher, a Diligent Do-Gooder and a Global Grassroots Mobilizer. In this episode you will learn: about the social entrepreneurial journey that Shawn found himself pursuing. about Shawn’s Tribal Teaching pedagogy and if this is the future of education. why Shawn wanted to help the poor in Honduras and to encourage people to experience poverty. about Shawn’s family experiencing poverty in the 1970s and how their standing in the community led him to believe that there was a better way to treat and help people out of poverty. about how La Ceiba are helping the poor in Honduras. about the importance of building relationships with individuals that seek assistance from La Ceiba. the problems with micro-finance due to group lending and peer-pressure. about the Two Dollar Challenge and you can get involved. why supporting local leaders is the key to ending poverty. about Shawn’s 7 year journey to finding a common ground in humanity. why Shawn’s initial desire to feel significant while helping the poor is now a constant battle. about Tribal Teaching and the pedagogy Shawn has  designed and embraced to make a better learning environment and process. and much more. Never miss an episode. Subscribe to the Economic Rockstar podcast on iTunes or join the Economic Rockstar community and I'll send you up-dates on new podcast episodes.

Economic Rockstar
058: Morten Jerven on Poor Numbers and Why Economists Get It Wrong With Africa

Economic Rockstar

Play Episode Listen Later Nov 11, 2015 54:02


Morton Jerven is Professor of Economic History and Development at the School for International Studies at Simon Fraser University in Vancouver, Canada. In 2014, Morton was appointed Associate Professor in Global Change and International Relations at Noragrica at the Norwegian University of Life Sciences. Morton has published widely on African economic development, and particularly on patterns of economic growth and on economic development statistics. Upon the release of his book, Poor Numbers: How We Are Misled by African Development Statistics and What to Do about It, Morton caused uproar across Africa and had been expelled from two conferences. His latest book Africa: Why Economists Get It Wrong is now available on Amazon. Morton is an economic historian, with an MSc and PhD from the London School of Economics.   In this episode, you will learn: why Morten was expelled from two conferences in Africa about the knowledge problem that exists in economic statistical data. whether economic data from African countries is intentionally misleading or if it’s a methodology and availability problem. what is GDP and why is it used. the problems with measuring GDP. why the production approach is really the only valid method to measuring GDP. whether we should allow Google and other companies that store big data to provide economic data. whether cooperation or conflict between big data and official statistics will emerge. how observing the brightness of countries from space is now being used to measure economic growth. what the IMF does to missing data, such as GDP. and much more. Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode. To access the shownotes and links mentioned in this episode, visit www.economicrockstar.com/morten-jerven

Economic Rockstar
057: Alvin Roth on Match-Making, Repugnant Markets and Market Design

Economic Rockstar

Play Episode Listen Later Nov 4, 2015 42:07


Alvin E. Roth is the Craig and Susan McCaw Professor of Economics at Stanford University. He is also the Gund Professor of Economics and Business Administration Emeritus at Harvard University. Professor Roth has made significant contributions to the fields of game theory, experimental economics and market design and is known for his emphasis on applying economic theory to solutions for "real-world" problems. In 2012, Alvin won the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley "for the theory of stable allocations and the practice of market design” Alvin has a B.S form Columbia University,  and earned his MS and Ph.D. from Stanford University. Alvin’s latest book Who Gets What and Why: The New Economics of Matchmaking and Market Design is now available on Amazon. In this episode you will learn: what economics is and if we need money to allow a market to operate efficiently. about the price discovery process in economics. what is match-making markets and how similar the labor market is to the dating market. what is market design and why it is important. how entrepreneurs and start-ups, like Airbnb and Uber, use market failure to solve a problem. what is a repugnant market. the difference between a thick and a thin market. what makes a market thick. about the black market for kidneys. how kidney exchange works. and much more. Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode. Check out the shownotes and links mentioned in this episode at www.economicrockstar.com/alvin-roth

Economic Rockstar
055: David Skarbek on the Economics of Prison Gangs and The Social Order of the Underworld

Economic Rockstar

Play Episode Listen Later Oct 21, 2015 44:16


Dr David Skarbek is a Senior Lecturer in Political Economy and Undergraduate Exam Board Chair in the Department of Political Economy at Kings College, London. David’s research interest is to understand how people define and enforce property rights in the absence of strong, effective governments. His work has examined incarceration, gangs, and crime in the United States. David received a BS in Economics from San Jose State University and a MA and PhD in Economics from George Mason University. He previously taught in the political science department at Duke University. David’s teaching include 'Research Methods for Politics’, 'Economics of Crime’ and 'Political Economy of Organized Crime’ David's new book is The Social Order of the Underworld: How Prison Gangs Govern the American Penal System (Oxford University Press). It examines how inmates create self-governance institutions to promote economic and social interactions behind bars. In this episode you will learn: what makes states stable. how prisoners trade in a black market economy. why gang-based governance in prisons looks very different today than 100 years ago. why big prison systems have serious prison gang problems compared to small prison systems. how women prisons are better controlled as they are governed in a decentralised way. about the control that prisoners in adult correctional facilities have control over minors in juvenile correctional facilities. whether private prisons result in a larger prison population. diminishing returns to prison years. and much more. Subscribe to the Economic Rockstar podcast on iTunes and get access to all previous episodes.  Visit www.economicrockstar.com/david-skarbek for the show notes to this episode, as well as the links to books and papers mentioned.

Economic Rockstar
054: Christine Exley on the Economics of Volunteering, Market Failure in the Homeless Dog Market and Wagaroo

Economic Rockstar

Play Episode Listen Later Oct 14, 2015 48:57


Christine Exley is Professor of Business Administration at Harvard Business School. Christine is also Co-founder and Chief of Research at Wagaroo - an organisation dedicated in re-housing homeless dogs to responsible and loving families. Wagaroo was founded to bring a simple principle to life: When it comes to getting a pet, it's time to make it easier for people to do the right thing! No puppy mills. No backyard breeders. Just owners, rescues, responsible breeders, and shelters working together to find great homes for dogs who need them. Find out more at wagaroo.com. In this episode you will learn: the use of assumptions in economic models for testing. how to encourage volunteering and whether monetary incentives work. how a trip to Honduras changed Christine’s academic path from mathematics to economics. how a story about an individuals’ plight can be a powerful message to have people react in a charitable manner, while the plight of millions with no media coverage of a personal story of suffering could become less powerful. about Wagaroo and why Christine set it up to help save dogs from puppy mills. what are thick and thin markets. how to spot an irresponsible dog breeder. about the family2family programme run by Wagaroo. how localised knowledge is key to separate the responsible dog breeder from the irresponsible breeder. why more must be done to regulate and protect animals. how Christine saved a pups life from a dog shelter when she was 17 and became her family pet. why people put in less effort once they hit a target. about the motivating benefits of rewarding volunteers with gift cards rather than a cash equivalent. how virtual rewards, like stickers and badges, can incentivize people to meet targets. how people’s perceptions of a Pit Bull are an Econ 101 thing! and much much more. Check out the shownotes page to this episode at www.economicrockstar.com/christine-exley Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.

Economic Rockstar
053: Helena Norberg-Hodge on Localisation, Trade Treaties and the Economics of Happiness

Economic Rockstar

Play Episode Listen Later Oct 7, 2015 48:53


Helena Norberg-Hodge is the founder and director of Local Futures. A pioneer of the ‘new economy’ movement, she has been promoting an economics of personal, social and ecological well-being for more than thirty years. Helena is the producer and co-director of the award-winning documentary The Economics of Happiness, and is the author of Ancient Futures: Learning from Ladakh, described as “an inspirational classic”. Helena has given public lectures in seven languages, and has appeared in broadcast, print, and online media worldwide. She was honored with the Right Livelihood Award (or ‘Alternative Nobel Prize’) for her groundbreaking work in Ladakh, and received the 2012 Goi Peace Prize for contributing to “the revitalization of cultural and biological diversity, and the strengthening of local communities and economies worldwide. In this episode you will learn: how and why Helena decided to advocate for and promote localisation. about Ladakh and how it was removed from the rest of the world. how the global market was very destructive to the local market in Ladakh. how globalisation destroyed the livelihood of farms and local businesses and created unemployment. how the happiness and high self-esteem among the people of Ladakh was destroyed after a decade of economic development. about Ladakh, where the Dalai Lama is the spiritual head. about the phenomenal work Helena is doing to highlight the changing lives and economy of Ladakh and other regions. about the true meaning of the real economy and how cheap money and speculation is destroying it why the earth is so precious and must be protected before we witness irreversible and horrific damage. and much, much more. Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.

Economic Rockstar
052: Alex Tabarrok on Globalisation, Bounty Hunters and Leveraging Online Education

Economic Rockstar

Play Episode Listen Later Sep 30, 2015 58:43


Alex Tabarrok is Associate Professor of Economics at George Mason University and co-founder (with Tyler Cowen) of Marginal Revolution University, an online platform for learning economics. Alex is a TED speaker with over 640,000 views of his TED talk, How Ideas Trump Crises. In this episode, you will learn: how to ensure that criminals turn up of trial and to reduce the possibility of them becoming a fugitive. why bounty hunters and bail bondsmen are best for the taxpayer. why bounty hunters invited Alex Tabarrok to join them in a bounty hunt. why a mother’s signature on a bail bond is the most effective way of making sure a criminal repays its  due. how the terror alert level results in an increase in police presence and results in a decrease in local crime. whether the best teachers have a positive impact on the future earnings of their students. if a country can have a welfare state and open borders. why immigrants to the United States are the most entrepreneurial. what Marginal Revolution University is about and who it’s for. how to leverage the best teachers and leverage their experience. how artificial intelligence and computer adaptive learning programmes will be the next wave of teaching and learning. and much more. Check out the shownotes and all of the books and resources mentioned in this episode at www.economicrockstar.com/alextabarrok Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.    

Economic Rockstar
048: Steve Hanke on Currency Boards, Moral Hazard and the Benefits of Privatization

Economic Rockstar

Play Episode Listen Later Sep 2, 2015 45:25


Steve Hanke is a Professor of Applied Economics, specializing in currency boards. He is Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore. Steve is a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute in Washington, D.C. and a member of the Charter Council of the Society of Economic Measurement and the Financial Advisory Council of the United Arab Emirates. Previously, Professor Hanke was a Senior Economist on President Reagan’s Council of Economic Advisers and was also an Advisor to the Presidents of Bulgaria, Venezuela, and Indonesia. In 1998, Steve was named one of the twenty-five most influential people in the world by World Trade Magazine. In this episode, you will learn: what is a currency board and the reason why a country should resort to one. about Bulgaria’s currency crisis in 1997, how hyper-inflation hit 142 percent per month and what Steve Hanke did to solve the problem. why Bulgaria has one of the lowest fiscal deficits of any country.   why Montenegro dumped the Yugolsav Dinar for the Deutschmark during Slobodan Milosevic’s presidency of Yugoslavia. how Montenegro will join the euro currency without having to do a currency changeover. if it makes sense to leave a currency board to join a monetary union and giving up fiscal autonomy. why it’s best for Bulgaria to stay outside the eurozone due to the issue of moral hazard. why Greece ran up a fiscal deficit of 12.7% of GDP when the Maastricht Treaty stated a strict adherence to a maximum level of 3%. how a currency board removes the moral hazard of a unified currency area by financing spending with current taxes or the private bond market. if Greece should abandon the euro and set up a currency board and pegging their currency with the euro. about Ronald Reagan’s privatisation programme in the US in the early 1980s.   what Hayek was like as a person and what he thought of Ronald Reagan, The Intellectual. and much more. Subscribe to the Economic Rockstar podcast on iTunes and get access to all previous episodes. Prefessor Hanke recommended the book The Essential Hayek by Donald Boudreaux which is currently a Free Kindle download.  

Economic Rockstar
047: Victor Ricciardi on The Psychology of Financial Planning and Investing

Economic Rockstar

Play Episode Listen Later Aug 26, 2015 51:55


Victor Ricciardi is Finance Professor at Goucher College, Baltimore, Maryland where he teaches courses in personal financial planning, corporate finance, investments, behavioral finance, and the psychology of money. Victor is the Coordinator of Behavioral & Experimental Research for the Social Science Research Network also known as SSRN. Victor is the current Editor for seven SSRN eJournals including Behavioral & Experimental Finance, History of Finance, and Behavioral & Experimental Economics. He received his PhD from Golden Gate University and his MBA from St. John's University. Victor’s current book Investor Behavior: The Psychology of Financial Planning and Investing with co-editor Kent Baker is now available and has 30 chapters on emerging research in behavioral finance. In this episode, you will learn: the difference between Behavioral Economics and Behavioral Finance. the rational approach to investing and whether it exists. what bounded rationality really means. if companies help you make decisions for their own personal benefit. how framing can be a powerful tool to help customers make decisions. the importance of financial literacy at different stages of your life. the similarities between behavioral economics and marketing.   the future of Behavioral Economics and Behavioral Finance. and much much more. Check out the shownotes page to this episode at www.economicrockstar.com/victorricciardi Subscribe on iTunes and never miss an episode. Be in with a chance to win a $50 Amazon gift card by taking the Economic Rockstar survey. 

Economic Rockstar
046: Shanta Devarajan on The World Bank, Quiet Corruption, Government Failure and Comparative Advantage

Economic Rockstar

Play Episode Listen Later Aug 19, 2015 51:56


Shanta Devarajan is the Chief Economist of the World Bank’s Middle East and North Africa Region.  Since joining the World Bank in 1991, he has been a Principal Economist and Research Manager for Public Economics in the Development Research Group, and the Chief Economist of the Human Development Network, South Asia, and Africa Region. Shanta was the director of the World Development Report 2004, ‘Making Services Work for Poor People’. Before 1991, he was on the faculty of Harvard University’s John F. Kennedy School of Government. Shanta is the author and co-author of over 100 publications, with his research covering public economics, trade policy, natural resources and the environment, and general equilibrium modeling of developing countries. Born in Sri Lanka, Shanta received his B.A. in Mathematics from Princeton University and his Ph.D. in Economics from University of California, Berkeley. In this episode, you will learn: why Shanta decided to take a sabbatical from lecturing and never went back. about Shanta’s passion to end world poverty. how experiencing living on a $1 a day with a poor family made Shanta realize that the failure lies with government. how empowering people in poverty-stricken countries with information could be the catalyst to end poverty. the huge government failures and market distortions threatening the economy in India. why teachers and doctors in India are absent from work 25% and 40% of the time respectively and how this is affecting progress. how the powerful medical union in India are making healthcare inaccessible to the poor. about how crony capitalism is preventing SMEs from growing in the MENA region. why Tunisia has failed to develop into an export-oriented economy due the legacy of the Ben Ali family and their connections to firms operating in heavily protected markets. that the failure for governments to continue with social contracts due to high deficits triggered the Arab Spring. about Colonel Gaddafi’s regime and how he managed to keep peace between tribes.   how water subsidies and water-intensive crops are depleting water resources in Yemen. and much much more. Never miss an episode by subscribing on iTunes and get access to all previous Economic Rockstar podcast episodes. Join my community of educators - teachers and lecturers - who want to learn how to build a website, launch a podcast and create educational videos. Take the Economic Rockstar podcast survey and be in with a chance to win a $50 Amazon gift card.

Economic Rockstar
045: Jon Manning on the Art of Pricing and How Economic Theory Has Got Pricing All Wrong

Economic Rockstar

Play Episode Listen Later Aug 12, 2015 52:37


Jon Manning is the Founder and Principal Consultant of Sans Prix and has over two decades of Pricing experience in a wide variety of industries. Since establishing Sans Prix, Jon (and his associates) have generated millions of dollars in incremental revenue for clients in places such as the UK, USA, India, and Australia. Increasingly in demand as both a speaker and educator, Jon has spoken at many conferences, workshops, webinars and educational institutions across the Asia-Pacific, the Middle East and the United Kingdom. In 2011, Jon and Greg Eyres established Pricing Prophets, the world’s first and only online pricing advisory service where clients can ask a panel of global pricing experts and thought-leaders what price to charge for a product or service and why. Jon holds a Bachelor of Business (Applied Economics) from Deakin University (Australia), a Graduate Diploma of Business (Management) from Monash University (Australia) and a Master of Arts (European Studies), from The University of West London. He is a member of the Australian Institute of Management and the Professional Pricing Society. In this episode, you will learn: why Jon believes pricing is more of an a art than a science. why pricing is based on human behavior that no scientific model can predict. why there’s no such thing as Adam Smith’s Invisible Hand. that 70% to 80% of companies use cost-based methods to set prices and few use a value-based method. why customers don’t care about companies who use cost-based pricing and prefer companies that use value-based pricing methods. why the best pricing strategy for a company is a value-based method. the trials and tribulations of the pricing strategy adopted by Netflix and how it affected its share price. how a $40 fine for returning a DVD late led to the founding of Netflix. if the best strategy for companies to announce price increases to its customers is to do so a few years in advance. how behavioral economics is opening up a minefield of exploration in pricing. how Apple used anchoring techniques to sell their iWatch by offering a $10,000 iWatch. It makes the mainstream iWatch appear to be value for money. how a $100 omelette was used by a restaurant to act as a decoy so it can influence your decision to pay for high-end or expensive goods. and much more. Subscribe on iTunes and never miss an episode. Join our community of Teachers who want to go online with their own website, podcast and video content.  Take the Economic Rockstar Survey to be in with a chance of winning a $50 Amazon gift card. Thanks for listening. You are an Economic Rockstar!    

Economic Rockstar
043: Herbert Gintis on Game Theory and the Multidisciplinary Approach to Understanding Human Behavior

Economic Rockstar

Play Episode Listen Later Jul 29, 2015 50:43


Herbert Gintis is Emeritus Professor of Economics at University of Massachusetts and visiting Professor at Central European University. He is known for his theoretical contributions to sociobiology, especially altruism, cooperation, epistemic game theory and gene-culture co-evolution. Herbert has a B.A and M.A in Mathematics but switched his PhD program at Harvard from mathematics to economics. Professor Gintis was part of a group of economists who developed their ideas on a new economics which encompassed issues of alienation of labor, racism, sexism, and imperialism. Herbert has worked extensively with economist Samuel Bowles, writing their landmark book, Schooling in Capitalist America. One of Herbert’s latest books The Bounds of Reason emphasises the unification of economic theory with sociobiology and other behavioral sciences which, in the words of Nobel Prize-winning economist, Vernon L. Smith, “is firmly in the revolutionary tradition of David Hume (Convention) and Adam Smith (Sympathy)”. In the episode you will learn: about the importance of trans-disciplinary research and collaboration. why economics is not the only social science that explains human behavior. how biology, economics and sociology explain the behaviour of humans in different ways and which discipline is correct? about the Ultimatum Game and how it shows the cooperative and non-cooperative behaviour of humans. about the morality of humans and how we reciprocate kindness with kindness and unkindness with unkindness. why reciprocity makes humans so successful as a species. why some species have a symbiotic relationship with other species, which is not the same as reciprocity. how we can fit all the human feelings together to form a multi-disciplinary approach to understanding human behavior. why we always need a system to punish free-riders and non-cooperators. how the future structure of the University can be seen at Arizona State University today. why we need a new generation of thinkers and research centres who are trans-disciplinary. what projects Professor Herbert Gintis is working on right now. why morality controls politics and your vote will not make a difference. how Herbert gets things done in terms of writing books and journal articles. about Herbert’s disagreement with Nassim Nicholas Taleb. why Herbert believes that macroeconomics is wrong and is in agreement with Taleb on that issue. and much much more. Links mentioned in this episode: economicrockstar.com/herbertgintis economicrockstar.com/bluehost audiobooks.com/rockstar Subscribe now on iTunes and get access to the complete list of Economic Rockstar episodes.

Economic Rockstar
042: Parviz Parvizi on Clammr, Coffee, Coase and the Economy of Iran

Economic Rockstar

Play Episode Listen Later Jul 22, 2015 52:47


Parviz Parvizi is co-founder of Clammr, a mobile app and platform making audio more social and viral. Users are calling Clammr, which features snack-sized audio clips of 18 seconds or less, the “Instagram of Audio” and “Audio Twitter”.  Previously, Parviz worked at McKinsey & Company, Goldman Sachs, the Federal Communications Commission, and O’Melveny & Myers.  He has advised top 5 global media companies and mobile carriers on strategy and growth. He was a founder of McKinsey’s iConsumer research initiative on digital consumer behavior, authoring 3 of the Firm’s 10 most-downloaded media sector knowledge documents. Parviz was a Olin Law & Economics Fellow at Yale Law School. At Cornell he majored in economics and served as President of the Cornell Economics Society while an undergraduate.   Parviz holds a JD from Yale Law School and AB from Cornell. Find Out: about Clammr, the amazingly new app that shares an18-secondaudio clip just like an audio tweet. about Parviz Parvizi’s journey from Iran to the US. how Parviz Parvizi got his name. about the motivation behind the creation of Clammr and how Parviz and his co-founder solved a problem. how Clammr was built up from the beginning at zero cost. what Clammr found out about podcasting. the difficulties of growing and monetising a podcast and how Clammr is helping podcasters to solve these challenges. about the social aspect of Clammr and how you can share audio snippets to your friends, colleagues and audience. if Clammr will adopt a monetization model similar to YouTube. how Clammr’s ‘Hear More’ button can potentially lead to a paid transaction for users. about the opportunities that exist for users of Clammr in the education sector. how teachers can use Clammr in assessments and how students can collaborate to give their audio response in a mashup-like answer.  how Clammr could be the new route for a musician to become known, just like the way Justin Bieber made it using YouTube. and much more. Subscribe on iTunes and get access to all episodes of Economic Rockstar. To find all the links mentioned in this episode with Parviz, visit www.economicrockstar.com/parvizparvizi

Economic Rockstar
040: Rebecca Harding on Trade Finance and How Delta Economics Can Help Identify Growth Opportunities World-wide

Economic Rockstar

Play Episode Listen Later Jul 8, 2015 44:49


Dr Rebecca Harding, CEO of Delta Economics, is an independent economist with an extensive background in modelling economic growth, trade, productivity, innovation and enterprise. Rebecca is the author of nine books and has written over 250 articles on economic issues. She has held senior positions in leading academic, think-tank and corporate organisations, including roles at the London Business School, Deloitte and the Work Foundation.  Rebecca has advised the European Union and regional governments and agencies in the UK and Germany on innovation and enterprise policy. Rebecca is a Board Member of the Society of Business Economists and a Board Member and Trustee of the German British Forum. In 2013, she was elected as a national representative of the European Movement UK. Rebecca holds a BA in Economics and German and an MSc and PhD in the economics of Science and Innovation from the University of Sussex and writes on her blog rebeccanomics.com. Find Out: about Dr Harding’s company DeltaEconomics. about the data used by DeltaEconomics and why it has developed its database of statistics. what is Trade Finance and how it has experienced phenomenal growth in recent years. how companies bridge the finance gap between the time they export goods to the time they receive payment. what the challenges are with long-term growth in trade. if there are inherent risks associated with the trade finance market as more sophisticated derivative and credit markets emerge. about the inherent risks that may appear in the derivatives markets for trade finance. if a market collapse could be the outcome of a non-compliant and unregulated trade finance securities market. if could an implosion in trade finance is possible with large defaults in payments due mainly to the development of a derivatives and securities market. if sovereign risk will become prominent if trade finance risk increases. if enough data exists for trade finance to allow it to mature into a fully functioning wholesale and derivatives market. and much, much more. Visit the shownotes page for all the links mentioned in this episode:  www.economicrockstar.com/rebeccaharding Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode. Thanks for listening!

New Class Rising with Hector J. Mises
084: Economic Rockstar Interview and a Project for You!

New Class Rising with Hector J. Mises

Play Episode Listen Later Jun 22, 2015 63:59


Everyday you get up to go to work and sit in the cubicle you're deciding to give up your freedom to be doing something else #NewClassRising [TweetThis] On this episode of the New Class Rising podcast I am sharing an interview that was recorded on the Economic Rockstar podcast with my good friend and Economic Professor, Frank Conway. I think this interview is great because it really captured the reason behind why I started this podcast and why it is imperative for someone like you, the middle class employee, to start a business now.  On this episode, I am also sharing my partnership with an awesome entrepreneur, and former guest of the show, to bring to you whay I believe will be the next big community of successful business owners!!! Hint: These entrepreneurs will be all about validating their ideas first!  This new community will be huge and will literally change lives! I am super pumped! They'll be a way for you to get involved starting now! But you'll have to listen to learn how. See you on the inside!     Show Notes You can find today's show notes at http://NewClassRising.com/084     Hit Me Up Twttr: @Hector_Avellan   Get on the the Rising Path! - for community only updates!     

project frank conway economic rockstar
Economic Rockstar
036: Jason Shogren on Music and Endogenous Risk and Rationality in the Environmental Goods Market

Economic Rockstar

Play Episode Listen Later Jun 10, 2015 63:17


Jason Shogren is the Stroock Professor of Natural Resource Conservation and Management and Chair of the Department of Economics and Finance at the University of Wyoming.  Professor Shogren’s background and research interests include the economics of environmental and natural resource policy, experimental methods; endangered species; invasive species; climate change; agricultural and forest management; energy; health; regulation; and paleoeconomics. Jason served as professor to Sweden’s King Carl Gustaf XVI in 2012 and is a 2007 Nobel Peace Prize winner (shared with Al Gore) as a member of the United Nations team working on climate change. He has also served as a senior economist on the Council of Economic Advisers in the White House under the Clinton Administration.   Jason loves fishing and music. He spends his time composing acoustic roots songs that he describes as catawampus American music, has five albums and will be touring this summer. Find Out: about the Cap and Trade Market for carbon emissions is a failure and would only work in a micro-management setting. why its best to implement a carbon tax. the difference between luxury emissions and survival emissions and why it maybe difficult for China and India to reduce their carbon. how Jason’s depiction of a low probability-high severity event influenced Janet Yellen to take action on climate change. if we are acting rationally or irrationally toward the environment. how we can exploit rationality ‘for the good’. how, over the last 30 years, we have become averse to just about everything. how we can take advantage of peoples’ status quo to increase their contribution of paying a carbon tax. how designing the right system can nudge people to do the right thing - just like soft paternalism. how Jason sought inspiration about rationality from other disciplines, such as English literature and music composition, rather than from economics. how Jason uses music as a form of escapism. about the concerts that Jason Shogren will be playing at each year. about Jason’s hitch-hiking experience in Ireland in 1985 from the Giants Causeway and down along the West Coast (now known as the Wild Atlantic Way). about Jason theoretical thought process regarding endogenous risk and  how he applies it to different environmental risks. and much, much more. To access the shownotes to this episode visit: www.economicrockstar.com/jasonshogren Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.

Economic Rockstar
032: Joe Gladstone on the 'Pay What You Want' Pricing Model and Using Big Data to Understand You Better

Economic Rockstar

Play Episode Listen Later May 13, 2015 45:59


Joe Gladstone is an academic researcher and consultant based at the University of Cambridge, where he applies insights from behavioural economics and psychological research to better understand consumer behaviour. Joe partners with some of the world’s largest corporations, such as Twitter, Bupa and Visa, as well as government departments, to tackle challenges that deal with behaviour change. Joe's views on consumer behaviour have been featured in the BBC, Forbes, The Huffington Post and other media outlets. Joe is founder of BE-events.org and BE-Recruit.com.  He received his Masters from Oxford University and his Phd from Cambridge University, and has been awarded a range of competitive grants and prizes. Find Out: about the link between the discipline of psychology and economics. why Joe decided to do postgraduate research in behavioral economics. how advances in technology, especially in social media, can help behavioral scientists understand human behaviour better. why you do not know how much you spend on coffee. how Joe has identified the relationship between psychology and money. how Joe has used the ‘My Personality’ app to predict your personality from what you like. how companies can use ‘Big Data’ to target messages directly to you. why people are willing to pay for services that they could otherwise get for free. if TIDAL will disrupt the online music industry by taking control of their own music. if Spotify risks losing out to TIDAL. how important is the price of zero? how the ‘Pay What You Want’ pricing model defies classical economic theory. why people pay even if they are given the option to take the product for free. how Radiohead made more in sales when offering their album on a ‘Pay What You Want’ basis. if the ‘Pay What You Want’ model is sustainable for a business in the long run? how Jon Bon Jovi has successfully implemented the ‘Pay What You Want’ model in his Soul Kitchen restaurant in New Jersey. how sitting with strangers to eat in Soul Kitchen can ‘nudge’ diners to pay more than what they were initially willing to pay. about Joe’s passion for financial literacy and financial empowerment. if you can become immune to nudging by having a deeper understanding of it. if knowledge prevents you from being nudged. about behavioral economics events that could be going on in your area with BE-event.org. how Joe maximises his time by outsourcing his work on oDesk. and much, much more. Check out the shownotes page to this episode at www.economicrockstar.com/joegladstone Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.

Economic Rockstar
031: Matt Rousu on Experimental Auctions and the Need for Peer-Reviewed Economic Impact Studies

Economic Rockstar

Play Episode Listen Later May 6, 2015 42:38


Dr. Matthew Rousu is a Professor and Warehime Chair in the Department of Economics at Susquehanna University. His main teaching interests include microeconomics, political economic thought, and game theory. Matt is an expert on experimental auction design and implementation. He uses his expertise on experimental auctions to study problems in agricultural economics, environmental economics, and public health.  He has published over 40 scholarly articles, as well as book chapters, non-technical articles and Opeds. Matt has been quoted widely on many issues by The Chicago Tribune, Forbes, The NY Daily News, The Philadelphia Inquirer, US News and World Report, The Washington Post, Wikipedia, and Yahoo.com. He has also been a guest for local radio stations mainly to discuss the local, state, and national economy. Matt runs his own blog known as paeconomist.blogspot and is founder of the Economic Impact Review. He is the author of Political Trivia. Matt earned a Bachelor's degree from the University of South Dakota and a Ph.D. in Economics from Iowa State University. Find Out:   Benefits of lecturing at a liberal arts college - switch up your research interests. about experimental auction designs. what is consumer demand for Genetically Modified Products. how demand for GMOs change due to differences in packaging. how print advertisement for e-cigarettes increases their demand. whether e-cigarettes are a ‘healthy’ alternative to traditional cigarettes. about the impact of plain package cigarettes on consumer demand. if the Irish government correct in enforcing plain packaged cigarettes. how much less buyers were willing to pay for plain packaged cigarettes. how a picture of smoking-related diseases on cigarette packaging decreases demand for cigarettes. why Matt set up The Economic Impact Review. why economic impact studies should go through a peer-review process. and much much more.   Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode. Check out the shownotes page to this episode at: http://www.economicrockstar.com/matthewrousu

Economic Rockstar
030: Kim Holder on Rockonomix and Teaching Economics Through the Lens of Sport, Music and Movies

Economic Rockstar

Play Episode Listen Later Apr 29, 2015 47:52


  Kim Holder is an economics educator from the University of Western Georgia and teaches principles of macro and micro. Kim is passionate about economics, music, media, pop-culture and sports and loves using technology and social media in the classroom to get her students excited about learning. Kim is founder of Rockonomix, an inter-university contest held in the USA that encourages students to compose economic-themed lyrics to a popular song. Find Out: how Kim Holder uses music to assess her students taking micro and macro classes. about Kim's passion for economics and how she uses sports to explain economic concepts. how you can become an ‘Economic Rockstar’ in the annual Rockonomix contest. how to motivate students to study economics. how selfies and memes can make students aware of economics around them. about Kim’s decision to study economics because of true love. about Kim's summer course ‘Economics Is Everywhere’ which introduces you to micro and macro, as well as personal finance. about the Centre for Economic Education at University of West Georgia and how it is for the wider community and not just for students. how K-12 teachers can avail of the workshops put on by the Centre for Economic Education at University of West Georgia. about Pop Econ and why more should be done to introduce it to students at a principles of micro and macro level. why students should be pushed to seek out economic themes in movies. how to use Twitter for the classroom and the best practices to communicate with students. what Kim’s top 3 movies are that contain economic themes. the importance of financial literacy for students who are faced with taking out college loans. how Kim Holder escaped poverty through education. and much much more. To access the shownotes and all the links mentioned in this episode visit www.economicrockstar.com/kimholder Never miss an episode by subscribing to the Economic Rockstar podcast for free on iTunes.  

Economic Rockstar
026: Thomas O'Grady on How Writing a PhD on Demographics Revealed an Opportunity in the San Francisco Housing Market

Economic Rockstar

Play Episode Listen Later Apr 1, 2015 53:04


Thomas O’Grady has a PhD in Mathematical and Statistical Economics from the University of California at Berkeley. His professional career has taken him from becoming the top analyst in Soviet intelligence for a U.S. agency and receiving the Meritorious Service Medal, also awarded to Wesley Clark, John McCain and General Schwarzkopf to positions with Fortune 100 companies to building three companies of his own. Thomas has been quoted by the print media over 30,000 times and appeared on TV and radio over 300 times. He currently hosts the popular podcast Life Unsettled.     Economic Themes:  In this interview, Thomas mentions and discusses: Demographics, population, baby boomers, excess demand, shortage, housing market, rent control, employment, causality, permanent income hypothesis, life-cycle hypothesis, savings, dissaving, income inequality, income distribution and incentives.   For more information about Economic Rockstar, please visit www.economicrockstar.com. There you will find links to other interviews and any resources mentioned in this and previous episodes. Thanks for listening. Never miss an episode - subscribe on iTunes!

Economic Rockstar
015: Niels Kaastrup-Larsen on Trend Following Strategies and Stock Market Turmoil Ahead

Economic Rockstar

Play Episode Listen Later Jan 14, 2015 51:41


Niels Kaastrup-Larsen is Managing Director of Dunn Capital (Europe). He  is a trend follower with more than 20 years experience in the hedge fund industry, working for some of the largest CTAs or Commodity Trading Advisors in the world, including Chesapeake Capital. Niels co-founded, built and managed three businesses within the alternative investment space, including Rho Asset Management. Niels trades futures markets in a systematic and highly-automated way. He is the founder and host of the popular podcast 'Top Traders Unplugged', where he uses his experience and contacts in the industry to deliver insightful, engaging and passionate interviews with the most successful hedge fund managers and traders.   Economic and Finance Themes: In this interview, Niels mentions and discusses: Trend following, futures markets, gold, anomalies, confirmation bias, efficient market hypothesis, fixed-income securities, treasuries, bonds, the Great Depression, stock market portfolio, diversification, equities, systematic trading, stop-losses, technical analysis. Find out: about trend following and how to spot a trend. what is a trend following strategy. two ways in which we can take on market risk - one good and the other not so good. how emotions can lead to losses. why trend followers use computers with built-in trend following rules to make trades. why we are more likely to buy a bar of soap that is reduced by 50% in a retail store than buy a stock that has fallen 50%. how you should diversify a portfolio. why Niels believes that global markets will be in turmoil within the next 5 years. why Niels believes the economic cycle will turn by October 2015. why events will unfold just like 1929. if the Swiss and Germans should take back their gold reserves from the United States. about whether there are job opportunities in the trading industry today. and much more.  You can find all the links and book recommendations by Niels at www.economicrockstar/niels Support the show by subscribing to the podcast or by becoming a patron of Economic Rockstar at www.patreon.com/economicrockstar. 

Economic Rockstar
013: Frank Conway Reviews the Personal Habits and Advice of the Economic Rockstar Guests of 2014

Economic Rockstar

Play Episode Listen Later Jan 1, 2015 59:05


The personal habits and advice of the Economic Rockstar guests of 2014 are highlighted in this epic and exciting episode. I explore each episode and find, what I believe, are invaluable nuggets of information. These may not necessarily be related to economics and finance, but given that it's a New Year, I'd like to share with you their habits and advice. I'll be personally adopting most of these for 2015. I hope that at least one will resonate with you. Thanks for listening and enjoy.  The Personal Habits and Advice of the Economic Rockstar Guests of 2014 1) The Importance of Being Mentored 2) Help Others 3) Talk to People 4) Network and Build Your Community 5) Create a Vision and Take Risks 6) Take Responsibilty For Your Actions 7) Give Yourself Permission to Fail and Challenge Yourself 8) Work Hard and Be Disciplined 9) Don't Settle, Choose Adventure and Fulfill Your Potential 10) Be Careful Who You Listen To 11) Read - Education Is Important 12) Laughter Can Help You Learn 13) Pay Yourself First and Clear Your Debts To find out more, visit http://www.economicrockstar.com/review2014 

new year vision personal advice habits fail frank conway economic rockstar
Economic Rockstar
001: Jason Stapleton on Technical Trading Systems and Losing Everything on Penny Stocks

Economic Rockstar

Play Episode Listen Later Nov 13, 2014 29:07


Jason Stapleton is one of the founders of Trade Empowered and a managing partner of Harborsite Capital.  Jason hosts the podcast The Live Show. Jason’s heavy focus  on trader psychology, along with his in-depth knowledge of advanced technical analysis, gives him the unique opportunity to work with traders of all skills and levels, helping them to achieve a higher level of success and understanding in the foreign exchange market.   Economics and Finance Themes: In parts 1 and 2 of the Economic Rockstar interview with Jason Stapleton, Jason mentions and discusses: technical analysis, trading strategies, stock market psychology, behavioral economics, herding behavior, Gartley patterns, harmonic price patterns, Fibonacci numbers, fundamental analysis, probability, the Turtle Trader story, rational and irrational behavior.   Jason's Influencers: His business partner Todd Browne, options trader John Carter, systems trader Larry Hite and trader Mike Bellafiore.   Find out: In this first part of the Economic Rockstar interview with Jason Stapleton, Jason shares with us some thoughts on technical analysis: how Jason lost all his money when he first started out trading in penny stocks. the number one reason why people become traders. how to create a competitive edge in the financial markets. about systems trading and the Gartley pattern. how working on probabilities is better than certainties in trading. and much more.   To check out the show notes page visit:  http://www.economicrockstar.com/jasonstapleton1

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Economic Rockstar
000: About Economic Rockstar

Economic Rockstar

Play Episode Listen Later Nov 13, 2014 7:23


This introductory episode is about the Economic Rockstar podcast, why it was launched and who it is for. My name is Frank Conway and I will also tell you a little bit about me personally and where you can find me (http://www.economicrockstar.com).   In this episode, I share with you my journey into podcasting and why I chose an economics and finance educational podcast. I also share with you the influencers in my life recently who help make this a reality for me: John Lee Dumas of Entrepreneur on Fire, Pat Flynn of Smart Passive Income and AskPat, Jaime Tardy of Eventual Millionaire, Elaine Watt of Holiday Let Success and Mike and Izabela Russell of Music Radio Creative.   I also share the thinking behind my tagline 'Connecting Brilliant Minds in Economics and Finance' with inspiration coming from Mark Twain and Seth Godin.   This episode breaks down what other episodes are going to be like. We will have great guests - economists, financial analysts and inspirational business leaders - share their work, ideas and beliefs about what interests them in the world of economics and finance.    We get to know a little about each guest who shares with us the mentors, economists, stock market traders, investors, money managers and others that inspired them, as well as the economics and finance books that inspired them.     Economic Rockstar is created for you, the economist, financial analyst, teacher or student. If you are looking to expand your knowledge or awareness, Frank Conway delivers the information you just don't want to miss.    Economic Rockstar brings to you each week an economist, financial analyst or business leader who shares their experiences, research interests or ideas. Hear their views on different schools of economic thinking - Chicago, Austrian, Keynesian and Classical, behavioral economics, stock markets, and how economics and finance can be used in our lives.    Economic Rockstar interviews top-level lecturers and academics from highly renowned universities, best-selling authors and bloggers, inspirational CEOs and business leaders, as well as amazing and thought-provoking people who have recently discovered economics and  finance and are carving out a career in their new-found passion.    Guests in each episode gives us wonderful advice, takeaways and insights that will help you become part of the Economic Rockstar community that will be 'Connecting Brilliant Minds in Economics and Finance'.   Who Will Feature on the Economic Rockstar Podcast? Economists Teachers, Lecturers and Academics Financial Analysts Inspirational Business Leaders and CEOs Authors Bloggers