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Richard Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. He is the co-author, with Cass Sunstein, of Nudge: Improving Decisions about Health, Wealth, and Happiness, and is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences. In this week's conversation, Yascha Mounk and Richard Thaler explore to what extent humans behave rationally, how nudge theory works, and whether we should outsource questions about life to ChatGPT. If you have not yet signed up for our podcast, please do so now by following this link on your phone. Email: leonora.barclay@persuasion.community Podcast production by Mickey Freeland and Leonora Barclay. Connect with us! Spotify | Apple | Google X: @Yascha_Mounk & @JoinPersuasion YouTube: Yascha Mounk, Persuasion LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices
The Nobel Prize is a highly regarded international award given annually for significant achievements in six fields: Physics, Chemistry, Physiology or Medicine, Literature, Peace, and Economic Sciences.
From math, Sanskrit, and epistemology, to freedom, justice, and democracy—Gita Wirjawan in conversation with Nobel Laureate Amartya Sen.English subtitles available.#Endgame #GitaWirjawan #AmartyaSen-----------------Nobelist Amartya Sen reads "What It Takes: Southeast Asia". You should too!BUY NOW:https://sgpp.me/what-it-takes-ytor get it at Periplus: https://sgpp.me/what-it-takes-periplus-----------------About the Guest:Professor Amartya Sen is a Thomas W. Lamont University Professor and Professor of Economics and Philosophy at Harvard University. He won the Nobel Memorial Prize in Economic Sciences in 1998, “for his contributions to welfare economics.”About the Host:Gita Wirjawan is an Indonesian entrepreneur and educator. He is the founding partner of Ikhlas Capital and the chairman of Ancora Group. Currently, he is teaching at Stanford as a visiting scholar with Stanford's Precourt Institute for Energy.-----------------Other Endgame episodes that you might like:https://youtu.be/_A6x_21ojD0?si=a7YIa...https://youtu.be/VHJwO13EqWE?si=ZURD6...https://youtu.be/Pg4w-rwTCXE?si=JyEc2...------------------
作为全世界可能是最知名的科学奖项,诺贝尔奖的江湖地位毋庸置疑。但它的知名度为何会远远超出其他专业大奖?深究一下,就会发现这其实不是一个科学问题,而是一个品牌问题。诺贝尔奖建立在炸药巨富阿尔弗雷德·诺贝尔的遗产之上,最初颁发时它的卖点主要还是丰厚的奖金额度。但随着时间的推移,它的奖项设置、评选思路、遗产的管理方式,以及历代得主带来的光环效应,都让诺贝尔奖逐渐变得厚重,也让它的影响力像投资一样,有了复利效应。虽然对于国家和科研机构而言,诺贝尔奖是最佳的实力指标之一,但对于普通人来说,每年的诺贝尔奖更像是一种谈资。当然,这种谈资本身也能进一步扰动周边市场,比如出版行业和博彩业。本期节目,我们就尝试从品牌的视角,重新审视诺贝尔奖。| 主播 |肖文杰、约小亚| 时间轴 |00:55 诺贝尔奖,一个另类品牌02:59 诺贝尔奖的缘起和早期优势08:53 诺贝尔奖的长期优势和影响力积累17:02 一百多年还没发完的诺贝尔奖奖金28:28 得了诺奖,作家的书就能卖得更好吗?33:17 到底是谁在定诺贝尔文学奖的“赔率”?| 延伸资料 |The Nobel Prize and the Making of a Heritage BrandThe Atlantic-Why Does Anyone Care About the Nobel Prize?The Beginnings of the Nobel InstitutionThe Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred NobelVol.134 诺贝尔奖与“性别之战”The Nobel FoundationThe Nobel Prize – Stockholm Design Lab跟着诺奖基金会学投资丨晚点小数据Reuters-Nobel cuts prize money after years of overspendingMatched control groups for modeling events in citation data: An illustration of nobel prize effects in citation networks界面新闻-拿到诺贝尔文学奖,书能多卖几本?Bloomberg-How to Bet Money on the Nobel Prize in LiteratureWall Street Journal-A Mystery Trader Scored With Prescient Bets on the Nobel Peace Prize《商业就是这样》鼓起勇气开设听友群啦。欢迎添加节目同名微信,加入听友群,一起讨论有意思的商业现象。微信号:thatisbiz为了营造更好的讨论环境,我们准备了两个小问题,请在添加微信后回答:1,你最喜欢《商业就是这样》的哪期节目?为什么?2,你希望听到《商业就是这样》聊哪个话题?期待与你交流!| 后期制作 |刘大哭| 声音设计 |刘三菜| 收听方式 |你可以通过小宇宙、苹果播客、Spotify、喜马拉雅、网易云音乐、QQ 音乐、荔枝、豆瓣等平台收听节目。| 认识我们 |微信公众号:第一财经 YiMagazine联系我们:thatisbiz@yicai.com
Paul Krugman is proud of his accomplishments including being chosen as the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory. When it comes to trade, Krugman is no fan of President Trump's tariffs. And President Trump is no fan of Paul Krugman. Trump has called Krugman a "deranged bum," a description Krugman considers a great honor. After 25 years as a columnist for the New York Times, Krugman decided to leave the paper and go out on his own. He now writes a newsletter on Substack where he has about 400,000 subscribers. We talk about why he thinks the U.S. economy is in worse shape than it looks and why he continues to have faith in the American people. "Now What?" is produced with help from Steve Zimmer, Lucy Little and Jackie Schwartz. Audio production is by Nick Ciavatta.
Second City Works presents "Getting to Yes, And" on WGN Plus
Kelly welcomes Richard Thaler, the 2017 recipient of the Nobel Memorial Prize in Economic Sciences, to the podcast along with his co-author, Professor Alex Imas, to talk about their updated version of Thaler’s seminal book “The Winner’s Curse.” “Rationality is an assumption in economics, not a demonstrated fact.” “People are not thinking enough about what […]
This week, as the dust settles on another quarter of global economic uncertainty, we're trying to find pockets of optimism. We actually found one right here at home. Domenique kicks us off with a surprising announcement. She's launched a new dip company with her partner in New South Wales! We take that local entrepreneurship and immediately zoom out to the world of finance, where gold prices are up a remarkable 50% this year. The whole conversation becomes a search for the connections between small-scale ventures and the massive forces that drive the world economy.In our first major segment, What's in the News, we dive into three of the week's biggest movers including the Reserve Bank of Australia's recent decision to hold rates, the latest Nobel Prize in Economic Sciences, and the World Intellectual Property Organization's innovation rankings. This leads to a discussion about the true engines of progress. We look at everything from the history of scientific thought to the painful but necessary concept of creative destruction. Our conclusion? Sustained, meaningful growth doesn't come from policy alone. It relies on how well societies connect foundational knowledge, invention, and an institutional openness to radically new ideas.We transition into a hard look at global stability. In The Hand, we break down the surprising resilience of Russia's war economy, the shadowy and often misunderstood hidden oil trade, and what a slowing GDP across major nations actually means for global risk. Then, we wrap up with The Invisible, which tackles Elon Musk's insistence that population collapse is the greatest long-term threat to civilization. This prompts us to consider the future of growth itself, and whether an aging, shrinking global populace can still power the world forward.Episode Highlights: [02:12] Our conversation shifts to investment regrets and the surge in gold prices, up over 50% this year.[03:21] We debate whether gold remains a safe haven or if it's now overvalued in a volatile global economy.[05:01] We preview key topics from What's in the News including the RBA's rate decision, the Nobel Prize in Economics, and global innovation rankings.[05:44] Discussion begins on the Reserve Bank of Australia holding rates steady at 3.6% amid sticky inflation.[07:54] Paul explains how tariff policies and inflation dynamics are complicating economic forecasts.[10:13] He predicts stable interest rates for the remainder of the year, with only a slim chance of increases.[11:08] The focus shifts to the Nobel Prize in Economic Sciences and its origins with Sweden's central bank.[13:29] They reveal this year's winners: Joel Mokyr, Philippe Aghion, and Peter Howitt.[15:10] Discussion of Mokyr's research on linking scientific knowledge and technological progress to growth.[16:22] Aghion and Howitt's model of creative destruction and endogenous growth is explored in depth.[18:39] Domenique and Paul compare the two approaches and their policy implications for innovation ecosystems.[20:05] We transition to the Global Innovation Index released by the World Intellectual Property Organization (WIPO).[21:14] Germany drops out of the top 10, replaced by China, sparking debate on innovation metrics.[25:31] They reveal the top-ranking countries: Switzerland, Sweden, the US, South Korea, Singapore, and others.[27:16] Australia ranks 22nd, reflecting its reliance on low-tech industries despite strong economic size.[28:28] Domenique calls for more “creative destruction” to boost Australia's innovation standing.[28:43] In The Hand, the discussion turns to Russia's war economy and its resilience under sanctions.[31:36] Despite falling export revenues, oil production remains high with shadow trade and barter deals.[36:00] Russia's GDP slows from 6.2% to 1.1% as the war drags on, though unemployment stays low.[38:25] Paul argues that both Russia and Ukraine face economic exhaustion in a prolonged war of attrition.[40:22] In The Invisible, we explore Elon Musk's claim that population collapse is civilization's greatest threat.[41:23] We discuss declining birth rates, aging populations, and the economic ripple effects of demographic change.[42:00] Reflections on long-term sustainability, growth, and humanity's capacity to adapt.Resources & Links Related to this EpisodeThe Invisible Hand PodcastThe Reserve Bank of Australia (RBA)Nobel Prize in Economic SciencesWIPO Global Innovation Index
Många drömmer om rikedom utan att inse att de i princip faktiskt redan skrapat hem högsta vinsten i penninglotteriet. För i historiskt och globalt perspektiv är vi svenskar ofantligt rika. Men i vilken typ av samhällen skapas rikedom och hur påverkar i sin tur rikedom samhället? På det svarar Jesper Roine som är professor i nationalekonomi vid Handelshögskolan i Stockholm samt verksam på Östekonomiska institutet där. Dessutom funderar Emma och Clara över hur snuskigt rika de är och att techjättar, tvärtemot vad man kanske tänkt, hämmar den ekonomiska utvecklingen.Klipp och musik:If I Were A Rich Man Instrumental (2016 Revival)Cornelis Vreeswijk – Om jag hade pengarThe White Lotus Season 3, Opening Theme SongThe White LotusRikaTillsammans, Hur rik är svensken 2024?Nobel Prize, Announcement of the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred NobelSnoop Dogg - Gin And JuiceVår A-kurs i rikedom hittar du på instagram, @akursen_poddmail: akursenpodd@gmail.com Hosted on Acast. See acast.com/privacy for more information.
Joel Mokyr, Philippe Aghion and Peter Howitt have been awarded this year's Nobel Memorial Prize in Economic Sciences.The three are sharing 11 million Swedish kronor, over a million dollars, after being recognised for their work in the area of “innovation-driven economic growth”. But why does this area matter and what did the three economists actually do? We turn the tables on our presenter Tim Harford, to explain all.If you've seen a number in the news you think we should take a look at, let us know: moreorless@bbc.co.ukPresenter: Lizzy McNeill Reporter: Tim Harford Series producer: Tom Colls Sound mix: Donald MacDonald Editor: Richard VadonImage credit: Johan Jarnestad / The Royal Swedish Academy of Sciences
【欢迎订阅】 每天早上5:30,准时更新。 【阅读原文】 标题:The Prize in Economic Sciences 2025正文:The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 to Joel Mokyr, Philippe Aghion and Peter Howitt“for having explained innovation-driven economic growth”with one half toJoel MokyrNorthwestern University, Evanston, IL, USA“for having identified the prerequisites for sustained growth through technological progress”and the other half jointly toPhilippe AghionCollège de France and INSEAD, Paris, France, The London School of Economics and Political Science, UKPeter HowittBrown University, Providence, RI, USA“for the theory of sustained growth through creative destruction”They show how new technology can drive sustained growthOver the last two centuries, for the first time in history, the world has seen sustained economic growth. This has lifted vast numbers of people out of poverty and laid the foundation of our prosperity. This year's laureates in economic sciences, Joel Mokyr, Philippe Aghion and Peter Howitt, explain how innovation provides the impe tus for further progress.About the prizeIn 1968, Sveriges Riksbank (Sweden's central bank)established the Sveriges Riksbank Prize in Economic Sciencesin Memory of Alfred Nobel. The prize is based on a donationreceived by the Nobel Foundation in 1968 from SverigesRiksbank on the occasion of the bank's 3ooth anniversary.The prize amount is the same as for the Nobel Prizes and ispaid by the Riksbank. The frst prize in economic sciences wasawarded to Ragnar Frisch and Jan Tinbergen in 1969.Figure 4. Over the past 200 years, annual growth has been around 1.5 per cent in Sweden and the United Kingdom. Technological innovations and scientificprogress have built upon each other in an endless cycle.知识点:lift v. /lɪft/to raise something to a higher position or level; to improve or increase 提高;改善;抬起• The new policy aims to lift millions of people out of poverty. 新政策旨在使数百万人脱离贫困。• Her achievements helped lift the reputation of the entire institution. 她的成就提升了整个机构的声誉。获取外刊的完整原文以及精讲笔记,请关注微信公众号「早安英文」,回复“外刊”即可。更多有意思的英语干货等着你! 【节目介绍】 《早安英文-每日外刊精读》,带你精读最新外刊,了解国际最热事件:分析语法结构,拆解长难句,最接地气的翻译,还有重点词汇讲解。 所有选题均来自于《经济学人》《纽约时报》《华尔街日报》《华盛顿邮报》《大西洋月刊》《科学杂志》《国家地理》等国际一线外刊。 【适合谁听】 1、关注时事热点新闻,想要学习最新最潮流英文表达的英文学习者 2、任何想通过地道英文提高听、说、读、写能力的英文学习者 3、想快速掌握表达,有出国学习和旅游计划的英语爱好者 4、参加各类英语考试的应试者(如大学英语四六级、托福雅思、考研等) 【你将获得】 1、超过1000篇外刊精读课程,拓展丰富语言表达和文化背景 2、逐词、逐句精确讲解,系统掌握英语词汇、听力、阅读和语法 3、每期内附学习笔记,包含全文注释、长难句解析、疑难语法点等,帮助扫除阅读障碍。
For most of human history, economic growth was, well, pretty bleak. But around the Enlightenment, things started clicking. This year's Nobel Memorial Prize in Economic Sciences went to a trio of researchers whose work focuses on how technological progress led to this sustained economic growth. Today we hear from one of them, Joel Mokyr, about his work on European economic history. Related episodes: Why are some nations richer? (2024 Economics Nobel) A conversation with Nobel laureate Claudia Goldin (2023 Economics Nobel) When Luddites attack (Update) (Featuring Joel Mokyr) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Joel Mokyr, Philippe Aghion, and Peter Howitt received the Nobel Prize in Economic Sciences for research on technology-driven economic growth and innovation. The Royal Swedish Academy of Sciences highlighted the importance of innovation for long-term economic expansion and warned that future gains are not guaranteed. Philippe Aghion addressed the risks of protectionism and emphasized the need for strong competition policies to prevent tech monopolies from stifling new entrants. The committee recognized creative destruction as essential for sustained progress and called for policies that support innovation and open competition.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.
Plus: OpenAI and Broadcom strike a multibillion-dollar chip-development deal. And three economists are awarded the Nobel Prize for Economic Sciences. Zoe Kuhlkin hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices
“I had a whole list of people that I thought were going to win,” says Joel Mokyr, “And I wasn't on it.” Waking early, he opened up his computer to find out who had been awarded the 2025 prize in economic sciences, and found emails saying 'Congratulations.' Then, as Mokyr tells the Nobel Prize's Adam Smith in this brief call, he saw missed calls from Sweden on his phone and, “The suspicion started to ripen!” © Nobel Prize Outreach. First reactions terms of use: https://www.nobelprize.org/ceremonies/streams-terms-of-use Hosted on Acast. See acast.com/privacy for more information.
“Peter, Peter, make yourself available, your phone, they're trying to reach you!” Listen to Philippe Aghion telling Peter Howitt that the Royal Swedish Academy of Sciences has been attempting to call him, captured as part of this call made shortly after the public announcement of their joint 2025 economic sciences prize. In this conversation with the Nobel Prize's Adam Smith he also reveals his joy and surprise at the news, discusses the implications of their ‘creative destruction' model of sustained economic growth, and suggests paths to ensuring that the fruits of growth can be more widely shared. © Nobel Prize Outreach. First reactions terms of use: https://www.nobelprize.org/ceremonies/streams-terms-of-use Hosted on Acast. See acast.com/privacy for more information.
“I'm not one of these people who keeps the phone on, and the champagne in the fridge.” Peter Howitt certainly didn't seem to be expecting the news of his 2025 prize in economic sciences. In this call recorded just after the announcement, he talks to the Nobel Prize's Adam Smith about his longstanding friendship with fellow-laureate Philippe Aghion and how they started their collaboration in the conducive environment of MIT. “My future,” he concludes, “is going to involve more economics, and less golf, than I had anticipated!” © Nobel Prize Outreach. First reactions terms of use: https://www.nobelprize.org/ceremonies/streams-terms-of-use Hosted on Acast. See acast.com/privacy for more information.
Joel Mokyr, Philippe Aghion, and Peter Howitt received the Nobel Prize in Economic Sciences for research on technology-driven economic growth, with their work highlighting the importance of innovation and creative destruction in sustaining long-term economic expansion. The Royal Swedish Academy of Sciences recognized their analysis of how technological progress has powered economies over two centuries and noted the need for continued openness and competition. Aghion warned about the risks of protectionism and tech monopolies, emphasizing the significance of competition policies and green innovation, while the committee stressed the necessity of maintaining mechanisms that support innovation to prevent economic stagnation.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.
Tehillah Niselow speaks to Dr. Kenneth Creamer, Academic Economist at Wits UniversitySee omnystudio.com/listener for privacy information.
Richard H. Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. He is the New York Times bestselling co-author of Nudge: Improving Decisions About Health, Wealth, and Happiness and the author of Misbehaving: The Making of Behavioral Economics. His new book is The Winner's Curse: Behavioral Economics Anomalies, Then and Now. My co-host for this conversation is Nick Kokonas. Nick is an entrepreneur, investor, and author best known as the co-founder of The Alinea Group (sold in 2024) and the reservation platform Tock, which is now owned by American Express.This episode is brought to you by:Seed's DS-01® Daily Synbiotic broad spectrum 24-strain probiotic + prebiotic: https://Seed.com/Tim (Use code 25TIM for 25% off your first month's supply)ExpressVPN high-speed, secure, and anonymous VPN service: https://www.expressvpn.com/tim (get 4 months free on their annual plans)AG1 all-in-one nutritional supplement: https://DrinkAG1.com/Tim (1-year supply of Vitamin D plus 5 free AG1 travel packs with your first subscription purchase.)*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
My guests today are Richard Thaler and Alex Imas. Richard Thaler is a theorist in behavioral economics and a professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Alex Imas is a professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business. He studies behavioral economics with a focus on cognition and mental representation in dynamic decision-making. The topic is their book The Winner's Curse: Behavioral Economics Anomalies, Then and Now. In this episode of Trend Following Radio we discuss: Behavioral economics anomalies and their persistence Trend following, momentum, and mean reversion Nick Leeson and the Barings Bank collapse Development and evolution of their book Applications of behavioral economics in real-world decisions Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
My guests today are Richard Thaler and Alex Imas. Richard Thaler is a theorist in behavioral economics and a professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Alex Imas is a professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business. He studies behavioral economics with a focus on cognition and mental representation in dynamic decision-making. The topic is their book The Winner's Curse: Behavioral Economics Anomalies, Then and Now. In this episode of Trend Following Radio we discuss: Behavioral economics anomalies and their persistence Trend following, momentum, and mean reversion Nick Leeson and the Barings Bank collapse Development and evolution of their book Applications of behavioral economics in real-world decisions Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Is AI-powered personalized pricing the next frontier—or the next fiasco—for customer loyalty and corporate reputation? That's the burning question I dive into with my guest, Dr. Peter Fader, on this episode of the Delighted Customers podcast. With Delta Air Lines rolling out AI-driven pricing and the world watching closely, the conversation takes a provocative turn: Should the C-suite pursue every possible drop of revenue if it risks alienating the very customers whose business it depends on? Dr. Fader walks us through the razor's edge between innovative revenue optimization and the real dangers of going “too granular” with pricing, shining a light on the long-term risks few companies are thinking about today. Why should you tune in? Dr. Peter Fader is not just an academic—he's a trailblazer whose work bridges the gap between data science, behavioral psychology, and pragmatic business leadership. His pioneering research on customer lifetime value and predictive analytics has redefined how top firms measure, value, and grow their customer bases for sustainable profitability—not just quick wins. If you work in pricing, revenue management, customer experience, or strategy, you need to hear his take on dynamic pricing, the emotional minefields of AI, and how to make decisions that customers—and shareholders—can live with tomorrow, not just today. Here are three key questions Dr. Fader answers in this episode: What's the real difference between smart dynamic pricing and dangerous personalized pricing—and why should every business care? How can companies avoid the temptation of “slicing the bologna too thin” with AI, and what are the hidden long-term costs of over-optimizing for short-term profit? Where are the true opportunities and ethical boundaries in customer-based valuation, and what lessons can firms learn from industries like airlines and pro sports? Listen now and subscribe so you never miss an episode—find us on Apple Podcasts and Spotify, or on any of your favorite podcast platforms. Apple Podcasts Spotify Meet Dr. Peter Fader Dr. Peter Fader is a Professor of Marketing at the Wharton School at the University of Pennsylvania, renowned for his transformative contributions to customer analytics, customer lifetime value, and predictive modeling in business. His influential books include “Customer Centricity: Focus on the Right Customers for Strategic Advantage,” “The Customer Centricity Playbook,” and “Customer-Base Audit.” Beyond academia, Peter made waves as co-founder of Zodiac, a predictive analytics firm acquired by Nike in 2018, and continues pushing the boundaries at Theta, a company focused on customer-based corporate valuation for private equity and enterprise clients. Peter's work stands out for blending rigorous quantitative modeling with real-world application, helping executives across industries balance the drive for immediate revenue with strategies that nurture lasting customer relationships and true organizational value. His recognitions include teaching and research awards, and he is frequently sought after for his insights by global brands, sports franchises, and media. Connect with Peter on LinkedIn: Dr. Peter Fader Show Notes/References Delta Airlines' AI-driven strategic pricing news: Delta, Fetcherr, and AI Pricing Example Customer-Based Valuation (Theta): Theta Prospect Theory – Daniel Kahneman & Amos Tversky: Nobel Prize in Economic Sciences 2002 – Daniel Kahneman Dr. Fader's books: Customer Centricity: Focus on the Right Customers for Strategic Advantage Customer-Base Audit The Customer Centricity Playbook Reference to Amazon's 2000 personalized pricing backlash: Wired: Amazon Customers Upset About Price Tests Have a question or feedback? Reach out—I love hearing from listeners!
Joseph Stiglitz is a world-renowned economist and thinker who was awarded the Nobel Prize in Economic Sciences in 2001. I met him in Tbilisi, the capital of Georgia, in June 2025 during the inspiring Zeg Festival in which we both participated. In this podcast episode, we spoke about his latest book, "The Road to Freedom", published last year, and about how flawed ideas of freedom can ultimately undermine freedom itself. I also asked him what the world can do to stop Russia's brutal invasion of Ukraine. *** Host: Volodymyr Yermolenko, a Ukrainian philosopher, the chief editor of UkraineWorld, and the president of PEN Ukraine. UkraineWorld is an English-language media outlet focusing on Ukraine and its connections with the wider world. This media outlet is run by Internews Ukraine. This episode is also made in partnership with "Politeia", a Ukrainian NGO focusing on preparing a new generation of change-makers in Ukraine. *** You can support UkraineWorld on Patreon (https://www.patreon.com/c/ukraineworld). Your support is vital, as we rely heavily on crowdfunding. You can also contribute to our volunteer missions to frontline areas in Ukraine, where we provide aid to both soldiers and civilians. Donations are welcome via PayPal at: ukraine.resisting@gmail.com. *** Contents: 0:00:00 - Intro 0:02:24 - How does "The Road to Freedom" compare to Hayek's "The Road to Serfdom" and Snyder's "The Road to Unfreedom"? 0:02:45 - What are Stiglitz's main criticisms of neoliberalism? 0:08:09 - What's the core flaw in the concept of "limitless freedom"? 0:17:33 - How is Russia undermining democracy? 0:19:00 - What steps can Europe take with frozen Russian assets for Ukraine? 0:20:46 - Why won't seizing Russian assets cause a capital crisis or violate rule of law? 0:27:22 - How can good regulation foster beneficial innovation, not just exploitation?
Slovakia Today, English Language Current Affairs Programme from Slovak Radio
June 24 marked International Women in Diplomacy Day. To mark the occasion, a public discussion was held at the European Parliament Liaison Office in Bratislava. In this follow-up, we bring you some highlights from that event and speak with both the host and guests about the importance of women's representation in diplomacy and high-ranking positions. Joining the conversation are former Slovak ambassador, State Secretary at the Ministry of Foreign and European Affairs, and twice Permanent Representative of Slovakia to the OECD in Paris – Ingrid Brocková; former ambassador, head of protocol, and director of the press department at the Office of President Michal Kováč in the 1990s – Anna Tureničová; researcher at the Faculty of Social and Economic Sciences at Comenius University – Zuzana Maďarová; and the event's organizers. They share personal stories from diplomatic missions, reflect on how the field has changed, and speak candidly about challenges and progress toward gender equality in society. The new episode of the Slovak Sound Check introducse the conjugation of the verb mať – to have.
Professor Aumann discusses childhood in Germany, influences after moving to America, why he went to Israel, his son who was killed in the Lebanon War, what winning a Noble Prize feels like, how Game Theory can solve the hostage crisis and religious ideas, and much more.Professor Robert Aumann is a mathematician who's won the Harvey Prize in Science and Technology, the Israel Prize for economics, the Nobel Memorial Prize in Economic Sciences, and many others. He has written a lot of papers and has contributed significantly to many academic and religious conversations.-----To sponsor an episode: JewsShmoozeMarketing@gmail.comListen on the phone!! UK: 44-333-366-0589 IL: 972-79-579-5005 USA: 712-432-2903Check out the Jews Shmooze T-shirts and mug: https://rb.gy/qp543
Yascha Mounk and Paul Krugman also explore whether the Euro was a mistake. Paul Krugman is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He was a columnist for The New York Times from 2000 to 2024. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. In this week's conversation, Yascha Mounk and Paul Krugman discuss the value of economic models, the Euro crisis, and how to make a fruitful intellectual contribution in economics. Podcast production by Jack Shields and Leonora Barclay. Connect with us! Spotify | Apple | Google X: @Yascha_Mounk & @JoinPersuasion YouTube: Yascha Mounk, Persuasion LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices
Laureano Escudero received his PhD Degree in Economic Sciences from Universidad Comercial de Deusto, Bilbao, Spain, 1974, and a degree in Computer Sciences from Universidad Politécnica de Madrid, Spain, 1972. ORCID: 0000-0002-1196-7124. He has taught Mathematical Statistics and Decision Theory at the Computer Science School, Universidad Politécnica de Madrid, 1974-1977, and Mathematical Optimization at the Mathematical Sciences School, Universidad Complutense de Madrid, 1992-2000. He has been full professor of Operations Research at the Universidad Miguel Hernandez de Elche (Alicante, Spain), 2000-2007 and Universidad Rey Juan Carlos (URJC), Móstoles (Madrid), Spain, 2007-2013. Currently, he is a Research Fellow ad honorem on Statistics & Operations Research and a retired Full Professor in URJC. He has been a Scholar Visitor at Carnegie Mellon University (CMU), Pittsburgh (PA, USA), 2014, and at Northeastern University (NEU), Shenyang (China), 2018. He has worked at IBM Research, Scientific and Development Centers in Madrid (Spain), Palo Alto (California), Sindelfingen (Germany) and T.J. Watson Research Center (Yorktown Heights, NY), 1972-1991. He has work in the IBERDROLA group (one of the biggest electric power generation and distribution company in Europe), 1994-99. In 1987 he was appointed member of the New York Academy of Sciences. In the period 2003-4 he was the President of EURO (Association of European Operational Research Societies). He is the author of 5 books and a co-author of another one. He has published over 160 peer- reviewed scientific papers in leading journals. In 1986 he has been awarded the "Cruz al Mérito Aeronáutico con Distintivo Blanco, Primera Clase" by the Spanish Ministry of Defense for his work on Mathematical Optimization for the Spanish MoD. He is a holder of a 2020 medal by the Spanish SEIO and a 2024 medal by ALIO (Asociación Iberoamricanana de Investigación-Operativa). In 2024, SEIO jointly with Fundación BBVA awarded a prize to the "mejor contribución metodológica en el campo de la Investigación-Operativa" to the European Journal of Operational Research EJOR 2023 paper "On solving large-scale multistage stochastic optimization problems with a new specialized interior-point approach", jointly co-authored with J. Castro and J.F. Monge.
We make a countless number of decisions every day – but unfortunately, we often choose unwisely. Behavioral economist Richard Thaler has dedicated his life's work to understanding why that is. In 2017, Thaler received the Nobel Memorial Prize in Economic Sciences for his contributions to the field of behavioral economics. His book, “Nudge,” co-authored by Cass R. Sunstein, shows that it's not possible for choices to be presented to us in a neutral way. The book demonstrates how to best nudge us in the right directions, without restricting our freedom of choice. Richard Thaler is a professor of behavioral science and economics at the University of Chicago Booth School of Business. He's a member of the National Academy of Science and the American Academy of Arts and Sciences. He's been published in many prominent journals, and he's also the author of “Misbehaving: The Making of Behavioral Economics.” Originally published in December 2021. Watch this episode at youtube.com/TalksAtGoogle.
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and Eugene Fama discuss Gene's career at the University of Chicago Booth School of Business since the 1960s and helping to start Dimensional Fund Advisers (DFA) in the 1980s, fat tails, the rise of modern portfolio theory, efficient markets versus behavioral finance, factor-based investing, the role of intermediaries, and whether asset prices are elastic versus inelastic with respect to demand. Recorded on March 14, 2025. ABOUT THE SPEAKERS: Eugene F. Fama, 2013 Nobel laureate in economic sciences, is widely recognized as the "father of modern finance." His 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. Fama is a prolific author, having written two books and published more than 100 articles in academic journals. He is among the most cited researchers in economics. In addition to the Nobel Prize in Economic Sciences, Fama was the first elected fellow of the American Finance Association in 2001. He is also a fellow of the Econometric Society and the American Academy of Arts and Sciences. He was the first recipient of three major prizes in finance: the Deutsche Bank Prize in Financial Economics (2005), the Morgan Stanley American Finance Association Award for Excellence in Finance (2007), and the Onassis Prize in Finance (2009). Other awards include the 1982 Chaire Francqui (Belgian National Science Prize), the 2006 Nicholas Molodovsky Award from the CFA Institute recognizing his work in portfolio theory and asset pricing, and the 2007 Fred Arditti Innovation Award given by the Chicago Mercantile Exchange Center for Innovation. He was awarded doctor of law degrees by the University of Rochester and DePaul University, a doctor honoris causa by the Catholic University of Leuven, Belgium, and a doctor of science honoris causa by Tufts University. Fama earned a bachelor's degree from Tufts University in 1960, followed by an MBA and PhD from the University of Chicago Graduate School of Business (now the Booth School) in 1964. He joined the GSB faculty in 1963. Fama is a father of four and a grandfather of ten. He is an avid golfer, an opera buff, and a former windsurfer and tennis player. He is a member of Malden Catholic High School's athletic hall of fame. Jon Hartley is currently a Policy Fellow at the Hoover Institution, an economics PhD Candidate at Stanford University, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), a Senior Fellow at the Macdonald-Laurier Institute, and an Affiliated Scholar at the Mercatus Center. Jon also is the host of the Capitalism and Freedom in the 21st Century Podcast, an official podcast of the Hoover Institution, a member of the Canadian Group of Economists, and the chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as a Fixed Income Portfolio Construction and Risk Management Associate and as a Quantitative Investment Strategies Client Portfolio Management Senior Analyst and in various policy/governmental roles at the World Bank, IMF, Committee on Capital Markets Regulation, U.S. Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/
rWotD Episode 2876: Wassily Leontief Welcome to Random Wiki of the Day, your journey through Wikipedia’s vast and varied content, one random article at a time.The random article for Wednesday, 19 March 2025 is Wassily Leontief.Wassily Wassilyevich Leontief (Russian: Васи́лий Васи́льевич Лео́нтьев; August 5, 1905 – February 5, 1999), was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors.Leontief won the Nobel Memorial Prize in Economic Sciences in 1973, and four of his doctoral students have also been awarded the prize (Paul Samuelson 1970, Robert Solow 1987, Vernon L. Smith 2002, Thomas Schelling 2005).This recording reflects the Wikipedia text as of 00:06 UTC on Wednesday, 19 March 2025.For the full current version of the article, see Wassily Leontief on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm generative Joanna.
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and Raghuram Rajan discuss Raghu's research, his policy career including his time as the Governor of the Reserve Bank of India and the Chief Economic Adviser to the Government of India under Prime Minister Manmohan Singh, India adopting inflation targeting during his tenure, Rajan predicting the 2008 financial crisis, and economic growth in India, the legacy of his book Saving Capitalism from the Capitalists among many other topics. Recorded on February 19, 2025. ABOUT THE SPEAKERS: Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at Chicago Booth. He was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016. Between 2003 and 2006, Dr. Rajan was the Chief Economist and Director of Research at the International Monetary Fund. Dr. Rajan's research interests are in banking, corporate finance, and economic development. The books he has written include Breaking the Mold: Reimagining India's Economic Future with Rohit Lamba, The Third Pillar: How the State and Markets hold the Community Behind 2019 which was a finalist for the Financial Times Business Book of the Year prize and Fault Lines: How Hidden Fractures Still Threaten the World Economy, for which he was awarded the Financial Times prize for Business Book of the Year in 2010. Dr. Rajan is a member of the Group of Thirty. He was the President of the American Finance Association in 2011 and is a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40. The other awards he has received include the Infosys Prize for the Economic Sciences in 2012, the Deutsche Bank Prize for Financial Economics in 2013, Euromoney Central Banker Governor of the Year 2014, and Banker Magazine (FT Group) Central Bank Governor of the Year 2016. Dr. Rajan is the Chairman of the Per Jacobsson Foundation, the senior economic advisor to BDT Capital, and a managing director at Andersen Tax. Jon Hartley is a policy fellow, the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/
Countries with better institutions are more prosperous. A truism perhaps, but then why are they so hard to build and sustain? That is the question that Simon Johnson has sought to explain since the fall of communism and the basis for the research that won him the 2024 Nobel Prize in Economic Sciences. Johnson, a former IMF chief economist, now a professor at MIT in the Sloan School of Management, shares the award with James Robinson and Daron Acemoglu, who's also coauthor of his latest book Power and Progress, which challenges the assumption that technology equals progress. In this podcast, Johnson says when controlled by a select few, tech innovation can be self-serving and risk undermining the institutions that make it possible. Transcript: https://bit.ly/4b2V1aV
The Capitalism and Freedom in the Twenty-First Century Podcast
Jon Hartley and Myron Scholes discuss Myron's career, including being at the University of Chicago at the dawn of financial economics as a field, how Myron met Fischer Black, and the development of the Black-Scholes option pricing model, investing, innovation, and financial regulation. ABOUT THE SPEAKERS: Myron Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black-Scholes options pricing model. Scholes was awarded the Nobel Prize in 1997 for his new method of determining the value of derivatives. Scholes is currently the chairman of the board of economic advisers of Stamos Partners. Previously, he served as the chairman of Platinum Grove Asset Management and on the Dimensional Fund Advisors board of directors, American Century Mutual Fund board of directors, and the Cutwater advisory board. He was a principal and limited partner at Long-Term Capital Management, L.P., and a managing director at Salomon Brothers. Other positions Scholes held include the Edward Eagle Brown Professor of Finance at the University of Chicago, senior research fellow at the Hoover Institution, director of the Center for Research in Security Prices, and professor of Finance at MIT's Sloan School of Management. Scholes earned his PhD at the University of Chicago. Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada. Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/
Professor James Robinson a University Professor with appointments in both UChicago's Harris School of Public Policy as well as the Political Science Department in the Division of Social Sciences is the university's latest faculty member to win the Nobel Memorial Prize in Economic Sciences. On the inaugural episode of “An Extra Slice of The Pie,” Robinson joins Ben Krause, BFI Executive Director and new, semi-regular guest host, to discuss his research and the path to a Nobel. Tune in to learn more about Robinson's early challenges as a young researcher, his major breakthroughs, and his ideas for future work.
Yisrael (Robert) Aumann is an Israeli-American mathematician and Nobel laureate in Economic Sciences. Renowned for his groundbreaking contributions to game theory, Aumann's work has influenced fields ranging from economics to political science. His research on repeated games and conflict resolution offers deep insights into cooperation and strategic decision-making. A dedicated professor emeritus at the Hebrew University of Jerusalem, Aumann remains active in the academic community, sharing his wisdom on mathematics, philosophy, and human behavior. Chapters: • Childhood and early influences • Making Aliyah and losing his son Shlomo HY"D • Career Joureny • Winning the Nobel prize Don't miss out on exclusive bonus content, as well as special offers and initiatives. Join the Shtark Tank Quiet Whatsapp Group today. Has Shtark Tank made even a small impact on your life? Email me at yaakovwolff@gmail.com with feedback, questions, comments. Click Here to check out Sichot on the Parsha from Rav Moshe Stav
Since Daron Acemoglu just won the 2024 Nobel Memorial Prize in Economic Sciences alongside MIT Sloan professor Simon Johnson and University of Chicago professor James Robinson, we're revisiting this powerful episode featuring Acemoglu's insights from 2023. In his groundbreaking book Power and Progress, Acemoglu exposes how the elite have weaponized technology to tighten their grip on wealth and influence, and explains how we can ensure that technological progress works for everyone, not just the wealthy few. This episode originally aired on August 22, 2023. Daron Acemoglu is the Institute Professor of Economics at MIT, the university's highest faculty honor, and a 2024 Nobel laureate. For the last twenty-five years, he has been researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. He is an author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail. Twitter: @NarrowCorridor Further reading: Trio of professors win Nobel economics prize for work on post-colonial wealth Democracy is in a ‘tough stretch.' New Nobel winners explain how to strengthen it Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity The Narrow Corridor: States, Societies, and the Fate of Liberty Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon, @NickHanauer, @civicaction Instagram: @pitchforkeconomics Threads: pitchforkeconomics YouTube: @pitchforkeconomics Substack: The Pitch
Daron Acemoglu was just awarded the 2024 Nobel Prize in economics. Earlier this year, he and Steve talked about his groundbreaking research on what makes countries succeed or fail. SOURCES:Daron Acemoglu, professor of economics at the Massachusetts Institute of Technology. RESOURCES:The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024.Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity, by Daron Acemoglu and Simon Johnson (2023)."Economists Pin More Blame on Tech for Rising Inequality," by Steve Lohr (The New York Times, 2022)."America's Slow-Motion Wage Crisis: Four Decades of Slow and Unequal Growth," by John Schmitt, Elise Gould, and Josh Bivens (Economic Policy Institute, 2018)."A Machine That Made Stockings Helped Kick Off the Industrial Revolution," by Sarah Laskow (Atlas Obscura, 2017)."The Long-Term Jobs Killer Is Not China. It's Automation," by Claire Cain Miller (The New York Times, 2016).Why Nations Fail: The Origins of Power, Prosperity, and Poverty, by Daron Acemoglu and James A. Robinson (2012)."The Colonial Origins of Comparative Development: An Empirical Investigation," by Daron Acemoglu, Simon Johnson, and James A. Robinson (American Economic Review, 2001)."Learning about Others' Actions and the Investment Accelerator," by Daron Acemoglu (The Economic Journal, 1993)."A Friedman Doctrine — The Social Responsibility of Business Is to Increase Its Profits," by Milton Friedman (The New York Times, 1970). EXTRAS:"What's Impacting American Workers?" by People I (Mostly) Admire (2024)."'My God, This Is a Transformative Power,'" by People I (Mostly) Admire (2023)."New Technologies Always Scare Us. Is A.I. Any Different?" by Freakonomics Radio (2023)."How to Prevent Another Great Depression," by Freakonomics Radio (2020)."Is Income Inequality Inevitable?" by Freakonomics Radio (2017).
Israeli military forces killed Hamas leader Yahya Sinwar on Thursday, the architect of the Oct. 7 terror attacks on Israel last year. Council on Foreign Relations president emeritus Richard Haass considers whether Sinwar's death will be a turning point in the war in Gaza. Next, MIT's Simon Johnson was awarded the 2024 Nobel Memorial Prize in Economic Sciences this week. Though he's newly decorated, he emphasizes the importance of intellectual discourse in democracy. In election news, billionaires Mark Cuban and Elon Musk are hitting the (separate) campaign trails to support their respective picks for president, and Donald Trump's gains on the election betting platform Polymarket may be inflated by a few big betters. Plus, CVS share prices plummeted as the company replaced its CEO. Richard Haass - 21:14Simon Johnson - 35:18 In this episode:Richard Haass, @RichardHaassSimon Johnson, @baselinesceneBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
As China prepares a raft of stimulus measures to reboot the country's domestic economy, Adam and Cameron discuss whether or not the measures will be effective. Also on the show: Adam and Cameron continue their tradition of discussing the annual Nobel Memorial Prize in Economic Sciences. The 2024 prize went to Daron Acemoglu, Simon Johnson, and James A. Robinson, whose work helped highlight differences in prosperity between nations. To learn more about their work, check out this paper by the three winners on the causes of long-run growth: https://www.nber.org/papers/w10481 Learn more about your ad choices. Visit megaphone.fm/adchoices
On Big Brains, we get to speak to a lot of groundbreaking scholars and experts, but some conversations we walk away knowing we've just heard from someone who is really changing the world. We certainly felt that way years ago after talking to University of Chicago scholar James Robinson, and it turns out…the Nobel Prize committee agreed in 2024 when it awarded him a share of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.Robinson was honored for the exact work that we talked to him about nearly five years ago. The author of numerous best-selling books, including Why Nations Fail (2012) and The Narrow Corridor (2019), he won the Nobel this year because his work researching what makes nations succeed and…what makes them fail. There's no better time to refamiliarize ourselves with his important research and celebrate his Nobel win.
In today's episode for 17th October 2024, we tell you why Dr. Daron Acemoglu, Dr. Simon Johnson and Dr. James A. Robinson won the prestigious Sveriges Riksbank Prize in Economic Sciences ― commonly known as the Nobel Prize in Economics. Speak to Ditto's advisors now, by clicking the link here - https://ditto.sh/9zoz41
On today’s program, we’re joined by Simon Johnson at MIT, who yesterday was one of several U.S. economists to win the Nobel Memorial Prize in Economic Sciences. He studied which systems and institutions contribute to prosperity and which contribute to poverty and inequality. We’ll hear Johnson’s conversation with “Marketplace Morning Report” host David Brancaccio. Also, Alphabet/Google is turning to nuclear reactors to fuel artificial intelligence systems.
On today’s program, we’re joined by Simon Johnson at MIT, who yesterday was one of several U.S. economists to win the Nobel Memorial Prize in Economic Sciences. He studied which systems and institutions contribute to prosperity and which contribute to poverty and inequality. We’ll hear Johnson’s conversation with “Marketplace Morning Report” host David Brancaccio. Also, Alphabet/Google is turning to nuclear reactors to fuel artificial intelligence systems.
Professor James Robinson, The Reverend Dr. Richard L. Pearson Professor of Global Conflict Studies; Institute Director, The Pearson Institute for the Study and Resolution of Global Conflicts, joins John Williams to talk about winning the prestigious Nobel Prize for Economic Sciences. Professor Robinson tells John that he hadn’t really thought about winning the Nobel Prize, […]
James Robinson, a political scientist and economist, is the Pearson Professor of Global Conflict Studies at The University of Chicago. Robinson is the co-author, with Daron Acemoglu, of Why Nations Fail and The Narrow Corridor. Today, The Royal Swedish Academy of Sciences announced that it would award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to James Robinson, Daron Acemoglu, and Simon Johnson “for studies of how institutions are formed and affect prosperity.” In this week's conversation, originally released in 2019, Yascha Mounk and James Robinson discuss the importance of political institutions; the roots of freedom and prosperity; and how citizens can beat the historical odds to improve their countries. This transcript has been condensed and lightly edited for clarity. Please do listen and spread the word about The Good Fight. If you have not yet signed up for our podcast, please do so now by following this link on your phone. Email: podcast@persuasion.community Website: http://www.persuasion.community Podcast production by Jack Shields, and Brendan Ruberry Connect with us! Spotify | Apple | Google Twitter: @Yascha_Mounk & @joinpersuasion Youtube: Yascha Mounk LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
“Get up, you need to get up! You've won the Nobel Prize.” That's how James Robinson discovered he was a 2024 economic sciences laureate, as his wife, Maria Angélica Bautista, woke him up. In this brief call with the Nobel Prize's Adam Smith he talks about the root causes of poverty and how to build the types of political structures that enhance prosperity: “Inclusive institutions are not created by well-meaning elites. They're created by people who fight for their rights.” Hosted on Acast. See acast.com/privacy for more information.
“There's nothing natural about 30-, 40-, 50- fold differences in income per capita in a globalised, connected world.” Daron Acemoglu, economic sciences laureate 2024, speaks about the root causes of persistent poverty among the poorest nations and how to build the types of inclusive institution that can support prosperity. In this conversation with the Nobel Prize's Adam Smith, recorded shortly after the prize announcement, Acemoglu also highlights the importance of democracy and his fears regarding AI, and how its misuse could result in a two-tier society. Hosted on Acast. See acast.com/privacy for more information.
“True, genuine, inclusive democracy matters, very clearly.” Simon Johnson, economic sciences laureate 2024, learnt of the award from the congratulatory text messages piling-up on his phone. In this short conversation with the Nobel Prize's Adam Smith, recorded just moments after he had heard the news, he highlights the importance of participatory decision-making in making the most of human potential. Hosted on Acast. See acast.com/privacy for more information.
On June 5, Boris Kagarlitsky's appeal against a five-year prison sentence was rejected by the Russian Supreme Court's Military Chamber. Kagarlitsky must now serve his sentence in a penal colony in Torzhok some 155 miles northwest of Moscow. The decision was unjust, but not unexpected.Kagarlitsky spent nearly five months in pre-trial detention, charged with "justifying terrorism" for ironic remarks he made on his social media channel after the explosion on the Crimean Bridge in 2022. He was freed after a military court handed him a fine in December. But in February 2024, there was an unexpected appeal trial at a military court of appeals where the prosecutors overturned the December verdict that freed him, citing excessive leniency.During the June 5 appeal hearing, Kagarlitsky explained that the title of the offending YouTube video, “Explosive Congratulations for Mostik the Cat” — a reference to a real cat that lived on the Crimea bridge — was “an extremely unfortunate joke.” He argued that his jail term was disproportionate to the offense. Kagarlitsky's attorney plans to appeal the verdict with Russia's Constitutional Court on the grounds that his client received “excessive” punishment.The case against Boris Kagarlitsky is indicative: He received five years not for the content of the video, but for the words of its title. The judges' cruel decision reflects the determination of the Putin regime to crush domestic opposition to its war on Ukraine. This is a state bent on suppressing all forms of criticism, jokes included. In this context, the basic democratic and legal rights of anti-war activists like Boris Kagarlitsky and thousands of others count for very little.Boris Kagarlitsky is in prison for courageously speaking out against the war in Ukraine. He is the victim of a gross but entirely deliberate miscarriage of justice and has become a symbol of the struggle for the right to freedom of expression. He is a political prisoner and prisoner of conscience.Ilya Budraitskis, another Putin critic, was dismissed from his job at the Moscow School of Social and Economic Sciences and forced to flee Russia to avoid arrest for his active critique of the war in Ukraine and consistent opposition to Putin's regime. He joins us with his take on the fate of opposition in Russia and the case of Boris Kagarlitsky in general.Jacobin Radio with Suzi Weissman features conversations with leading thinkers and activists, with a focus on labor, the economy, and protest movements. Hosted on Acast. See acast.com/privacy for more information.
Bloomberg Radio host Barry Ritholtz speaks to Angus Deaton, senior scholar at the Princeton School of Public and International Affairs. In 1976, he became a professor of econometrics at the University of Bristol and moved to Princeton as a professor of economics and international affairs in 1983. He became an emeritus professor in 2016. In 2015, he received the Nobel Memorial Prize in Economic Sciences. He is the author of almost 200 papers and six books, including The Great Escape: Health, Wealth, and the Origins of Inequality; Economics in America: An Immigrant Economist Explores the Land of Inequality; and, with Anne Case, of Deaths of Despair and the Future of Capitalism.See omnystudio.com/listener for privacy information.