Podcasts about economics department

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Best podcasts about economics department

Latest podcast episodes about economics department

Causes Or Cures
What Happens to Our Health When We Remove Toxins from Plastics? With Prof Maureen Cropper

Causes Or Cures

Play Episode Listen Later Jun 1, 2025 53:37


Send us a textIn this episode of Causes or Cures, Dr. Eeks chats with Professor Maureen Cropper, Chair of the Economics Department at the University of Maryland and a leading environmental economist, about her recent research on the health and economic impacts of toxic chemicals in plastics.We explore how an economist came to study chemical exposures and what her research reveals about the true cost of common compounds found in everyday plastic products. The conversation focuses on three major groups of toxic chemicals (BPA, DEHP, and PBDEs) and the serious health risks linked to them. Professor Cropper explains where these chemicals are commonly found, who is most at risk, and how she estimated both the public health burden and the economic costs tied to ongoing exposure.You'll also hear about what she believes needs to change: the policy actions, regulatory strategies, and paradigm shifts necessary to move toward safer, healthier materials. If you're concerned about chemicals in consumer products, interested in environmental health policy, or curious how economists quantify health risks, this episode is a great listen! Professor Maureen Cropper is a Distinguished University Professor of Economics at the University of Maryland and Chair of the Economics Department. She is also a Senior Fellow at Resources for the Future and a former Lead Economist at the World Bank. Dr. Cropper is a member of the National Academy of Sciences and a Research Associate at the National Bureau of Economic Research. Her research focuses on valuing environmental amenities, estimating consumer preferences for health and longevity improvements, and analyzing the trade-offs inherent in environmental regulations. Her recent work examines the public health and economic impacts of toxic chemicals found in plastics. You can contact Dr. Eeks at bloomingwellness.com.Follow Eeks on Instagram here.Or Facebook here.Or X.On Youtube.Or TikTok.SUBSCRIBE to her monthly newsletter here.Support the show

Economic Update with Richard D. Wolff
The Corporatization of Universities and Trump's Attacks

Economic Update with Richard D. Wolff

Play Episode Listen Later May 20, 2025 31:56


This week on Economic Update, Professor Wolff begins by presenting updates on the death of libertarianism and the rise of US economic nationalism, and US universities become big businesses, governed by money concerns. In the episode's second half, Professor Wolff interviews Professor Geert Dhondt, the Chair of the Economics Department and Economics Professor at John Jay College of the City University of New York, on how colleges and universities are reacting to Trump's attack on higher education.   The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate   Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week.1:01 We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

Chicago's Afternoon News with Steve Bertrand
What do the increased tariffs on China mean?

Chicago's Afternoon News with Steve Bertrand

Play Episode Listen Later Apr 10, 2025


Mark Witte, Professor of Instruction and Director of Undergraduate Studies in the Economics Department at Northwestern University, joins Lisa Dent to discuss President Trump pausing tariffs from foreign countries except China. Witte discusses the uncertainty of President Trump with the tariffs on China and trading relationships at large.

CSUSB Advising Podcast
Ep. 102 - Faculty and AI: A Professor's Thoughts on AI Tools

CSUSB Advising Podcast

Play Episode Listen Later Apr 6, 2025 25:02


In Ep. 102 of the CSUSB Advising Podcast, host Matt Markin sits down with Dr. Daniel MacDonald, Professor and Chair of the Economics Department at CSUSB, to explore the hot topic of AI in education.

Develop This: Economic and Community Development
DT #544 The Tariff Debate: Understanding Its Impact - Ryan Monarch Assistant Professor, Economics Department Syracuse University

Develop This: Economic and Community Development

Play Episode Listen Later Mar 3, 2025 43:37


In this episode of the Develop This Podcast, Dennis Fraise interviews Ryan Monarch Assistant Professor, Economics Department Syracuse University, an expert in international trade and economics, to discuss the complexities of tariffs and their implications on the economy. The conversation covers the definition of tariffs, their historical context, their role in modern trade, and the economic and consumer impacts. Ryan explains how tariffs can affect supply chains, consumer choices, and the overall market dynamics while also addressing the political motivations behind tariff implementation. The discussion highlights the challenges and uncertainties businesses face in a fluctuating tariff environment and the long-term effects of such policies on the economy. Takeaways A tariff is an increase in the price of imported goods. Tariffs have been a source of government revenue since the founding of the US. President McKinley was known for his pro-tariff stance. Tariffs are used to protect domestic industries from foreign competition. The scale of tariffs under President Trump is unprecedented in modern history. Higher tariffs can lead to increased prices for consumers. Tariffs can disrupt established supply chains and consumer choices. The burden of tariffs often falls on US importers, not foreign producers. Economists generally believe that tariffs create more losers than winners. The long-term effects of tariffs on the economy can take years to understand fully. Learn. Explore. Activate in Place. (LEAP) | Cleveland, Ohio | June 9–13, 2025 LEAP into innovative economic strategies on an in-person learning trip!  NGIN will select teams, each consisting of 2-4 economic and community leaders from cities with populations between 50,000 and 500,000, to explore Community Wealth Building and Inclusive Capital in Cleveland, OH. In addition, participants will have the opportunity to create their own action plan to bring back to their city.  Selected participants will have all travel expenses covered for this immersive learning experience. NGIN will also handle all trip logistics.  Ryan Monarch researches buyer-supplier relationships in international trade and how the recent tariff war affected U.S. exports and supply chains. He served as a Principal Economist for the International Finance division of the Board of Governors of the Federal Reserve from 2014-2021. His work has been published in the Review of Economics and Statistics, the Journal of International Economics and other publications. His research has been cited by The Wall Street Journal, The New York Times, Bloomberg, The Economist and Reuters, among others. He received a Ph.D. in economics from the University of Michigan in 2014.

The Human Action Podcast
Unpacking the Document that Spells Out Trump's Tariff Strategy

The Human Action Podcast

Play Episode Listen Later Feb 14, 2025


Josh Hendrickson is the chair of the Economics Department at the University of Mississippi. He recently brought to Twitter's attention a 41-page document released in November by Stephen Miran, the Harvard PhD whom Trump has nominated as the new chair of the Council of Economic Advisors. The document spells out a strategy of using tariffs and deregulation to Make America Great Again.The 41-Page Tariff Document: Mises.org/HAP487aJosh's X Thread Detailing the Document: Mises.org/HAP487bJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

Mises Media
Unpacking the Document that Spells Out Trump's Tariff Strategy

Mises Media

Play Episode Listen Later Feb 14, 2025


Josh Hendrickson is the chair of the Economics Department at the University of Mississippi. He recently brought to Twitter's attention a 41-page document released in November by Stephen Miran, the Harvard PhD whom Trump has nominated as the new chair of the Council of Economic Advisors. The document spells out a strategy of using tariffs and deregulation to Make America Great Again.The 41-Page Tariff Document: Mises.org/HAP487aJosh's X Thread Detailing the Document: Mises.org/HAP487bJoin the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: Mises.org/Phoenix25

IIEA Talks
OECD Economic Survey of Ireland 2025 Launch

IIEA Talks

Play Episode Listen Later Feb 13, 2025 82:02


The OECD launched the Economic Survey of Ireland 2025 on Wednesday,12 February 2025. The biennial Survey provides detailed analysis of economic developments and key structural challenges, as well as making specific policy recommendations in these areas. This year's Economic Survey contains an in-depth thematic chapter entitled 'Making housing more affordable and resilient for all', in addition to exploring recent economic developments, competitiveness, and the green transition. About the Speakers: Paschal Donohoe is the Minister for Finance. He was appointed to this role on 23 January 2025. Before this, he served as Minister for Public Expenditure, NDP Delivery and Reform. Minister Donohoe was elected President of the Eurogroup of finance ministers in July 2020 for a two-and-a-half-year term. He was re-elected in December 2022, beginning his second mandate in January 2023. Álvaro S. Pereira is the OECD Chief Economist and G20 Finance Deputy. He oversees the Economics Department and ensures they are at the forefront of the international political economy agenda. He identifies ways in which the OECD can promote policies to improve member and partner countries long-term economic performance. Previously, he was the Director in the OECD Policy Studies Branch and OECD Country Studies Branch. Prior to the OECD, Mr Pereira was Minister for Economy and Employment in Portugal (2011- 2013) and was also a Professor at Simon Fraser University, Canada, a Lecturer at the University of British Columbia, Canada and at the University of York, UK. Müge Adalet McGowan is a Senior Economist and Head of the Japan/Ireland desk in the Economics Department at the OECD. Since joining the OECD in 2011, she has worked at several desks (Spain, Belgium, Denmark, Sweden) and the Productivity team, where she conducted policy research on productivity, insolvency regimes, and skill mismatches. Before joining the OECD, she worked as a Lecturer in Turkey and New Zealand, and as an economist at the New Zealand Treasury. She holds a PhD in Economics from University of California, Berkeley. Dr Martina Lawless is a Research Professor at the Economic and Social Research Institute (ESRI). Before joining the ESRI, she received her doctorate from Trinity College Dublin and worked as a research economist at the Central Bank of Ireland. Her research has focused primarily on firm-level dynamics and decision making, covering a range of topics, such as access to finance for small and medium firms, effects of taxation, and participation in exporting. More recently, she has investigated the potential effects of Brexit and COVID-19 on firms in Ireland. Her work has been published in a number of leading international academic and policy journals. From 2017 to 2020, she was a member of the Irish Fiscal Advisory Council and she spent 2023-2024 on secondment to the Strategic Economic Development section of the Department of Finance. John McCarthy is the Chief Economist in the Department of Finance, with responsibility for the provision of economic and budgetary analysis and forecasts. He is currently the vice-chair of the OECD's Economic Policy Committee and an advisor to the National Competitiveness and Productivity Council; he was previously the chair of the European Union's output gap working group and a member of the National Statistics Board. He holds a B.A. in Economics and Mathematics from Trinity College Dublin and an M.Econ.Sc from UCD. He previously worked as a senior economist in the Central Bank of Ireland. This event was co-organised with the Department of Finance and the OECD.

Jayfm Podcast
LET'S TALK 21/01/2025

Jayfm Podcast

Play Episode Listen Later Jan 24, 2025 56:12


Let's Talk: Still on the tanker explosion that took the lives of Nigerians and left 55 injured, government officials across the country have continued to send in their condolences to the family of the deceased.The incident which occurred on Saturday had the presence of security officials, we will be talking to the Corp PRO, NIGER STATE, DSC Rabiu Multi.Meanwhile, we will also look at the Nigerian economy and the chances of having a stable economy in the present year.It would be recalled that the President assured the citizens of a decrease in inflation from the present 35% to 15%.With the present Nigerian economy, can the president's target be achieved?Join Richard Badung and Yemi Kosoko on let's talk, as we have a deeper look with a lecturer of Economics, seasoned analyst, Dr Wushiba Bako (HOD, Economics Department).

Jayfm Podcast
LET'S TALK 08/01/2025

Jayfm Podcast

Play Episode Listen Later Jan 9, 2025 54:33


It's of no doubt that the present led Tinubu's administration has made different policies, with most of the policies causing economic hardship, while some others have helped to fix some of the moribund agencies or profit based agencies such as revitalisation of the refineries, steel rolling plant etc.With some of the policies strongly getting opposition from the Northern region of the country, and gaining acceptance in other regions, policy such as the Tax Reform Bill which the President recently confirmed that "it has come to stay" in a media chat.It's no doubt that Nigerians have witnessed hardship with economic policies that have been approached using the stick method.What is the possibility of having a balanced economy in 2025 with various economic policies.Join Let's Talk as Richard Badung will be having a major discussion on Nigeria economy.Guest: Associate Professor Panshak Yohanna(Former H. O. D, Economics Department, Plateau State University, Bokkos) 

A Correction Podcast
Best of: Hans-Joachim Voth on Bank Failures and the Rise of the Nazis

A Correction Podcast

Play Episode Listen Later Jan 2, 2025


We talk with Hans-Joachim Voth about the link between financial crisis and Hitler's rise to power. Hans-Joachim Voth (D.Phil, Oxford, 1996), holds the UBS Chair of Macroeconomics and Financial Markets at the Economics Department, Zurich University. He is an economic historian with interests in financial history, long-term persistence and growth, as well as political risk and macroeconomic instability. Hans-Joachim Voth is a Research Fellow in the International Macroeconomics Program at CEPR (London), a member of the Royal Historical Society, a joint Managing Editor of the Economic Journal, an Editor of Explorations in Economic History, and an Associate Editor at the Quarterly Journal of Economics. His research has appeared in the American Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Review of Economic Studies, Review of Economics and Statistics, Economic Journal, Journal of Economic Growth, European Economic Review, Explorations in Economic History, Journal of Economic History, as well as in three academic books (including, in 2014, Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of Philip II, Princeton University Press).​ A Correction Podcast Episodes RSS Subscribe to our newsletter todayA note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify political economy for teachers.  The podcast is now within the top 2% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week.  The podcast is reaching thousands of listeners each month.  The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy. Best, Lev

Talks from the Hoover Institution
Emerging Technology And The Economy | Hoover Institution

Talks from the Hoover Institution

Play Episode Listen Later Dec 7, 2024 65:05


Friday, December 6, 2024  Hoover Institution | Stanford University The Hoover Institution held a conversation with President and CEO of the Federal Reserve Bank of San Francisco, Mary C. Daly and Hoover Institution Senior Fellow, John H. Cochrane on Emerging Technology and the Economy on Friday, December 6th at 10:00 a.m. in the Shultz Auditorium, George P. Shultz Building.​ About the Speakers Mary C. Daly is President and CEO of the Federal Reserve Bank of San Francisco, where she contributes to shaping U.S. monetary policy as part of the Federal Open Market Committee (FOMC). A labor and public policy economist, Daly is devoted to research and to ensuring that it is translated into practices that improve the lives of everyone. In addition to her work with the Federal Reserve, Daly has served as a visiting professor at Cornell University and UC Davis, and has been an advisor to the Congressional Budget Office, the Library of Congress, and the Social Security Administration. Daly is known for her ability to communicate and is a frequent speaker in the U.S. and internationally. She also hosts an award-winning podcast, Zip Code Economies. Daly holds a bachelor's degree from the University of Missouri-Kansas City, a master's degree from the University of Illinois Urbana-Champaign, a Ph.D. in economics from Syracuse University, and completed a post-doctoral fellowship at Northwestern University. John H. Cochrane is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute. Before joining Hoover, Cochrane was a Professor of Finance at the University of Chicago's Booth School of Business, and earlier at its Economics Department. He was a junior staff economist on the Council of Economic Advisers (1982–83). His most recent book is The Fiscal Theory of the Price Level. Cochrane frequently contributes editorial opinion essays to the Wall Street Journal. He maintains the Grumpy Economist blog. Cochrane earned a bachelor's degree in physics at MIT and his PhD in economics at the University of California at Berkeley. 

Manufacturing an American Century
Jump-Starting America's Scientific Edge: Insights from MIT's Dr. Jonathan Gruber

Manufacturing an American Century

Play Episode Listen Later Nov 22, 2024 28:46


In this episode of Manufacturing an American Century, I sit down with Jonathan Gruber, MIT economist, and co-author of Jumpstarting America. Jonathan and I talk about the shifting landscape of government-funded science and the challenges of reigniting regional economic growth through strategic investments.We discuss how the U.S. government's role in funding research has fundamentally changed since the 1960s, why it matters for economic growth, and how tech hubs around the country can be the key to revitalizing local economies. Jonathan explains how the clustering of talent in a few superstar cities has held back broader prosperity—and outlines a bold vision for a future where regional investments drive national innovation.We also explore the need for a long-term portfolio approach to science funding, rather than short-term thinking, and what structures are necessary to make this ambitious vision a reality. Tune in to hear why this matters now more than ever, especially as we look towards building a more inclusive, sustainable, and resilient economy.AMCC's podcast is made possible in part by the expertise of Mike McAllen, founder of Podcasting4Associations. Are you part of an association also looking to produce a podcast? Let us get you in touch with Mike.Thank you to the Economic Development Administration for their partnership in producing this podcast. This podcast was prepared in part using Federal funds under award 3070145 from the Economic Development Administration, U.S. Department of Commerce. The statements, findings, conclusions, and recommendations are those of the author(s) and do not necessarily reflect the views of the Economic Development Administration or the U.S. Department of Commerce.Participants:Dr. Jonathan Gruber, Ford Professor of Economics and the Chairman of the Economics Department, Massachusetts Institute of TechnologyMatt Bogoshian: Executive Director, American Manufacturing Communities Collaborative and host of the podcast. Key Ideas:Government Science Investment Decline: Since the 1960s, U.S. government investment in science has significantly declined, dropping from 2% of GDP to around 0.5% today. This reduction has had a major impact on the nation's capacity for innovation and growth.Public Investment Drives Private Investment: Contrary to popular belief, public investment in science can stimulate private investment, not crowd it out. Jonathan highlights the importance of government leadership in creating environments where private innovation can flourish.Long-Term Structures for Sustainable Growth: Building sustainable economic growth requires long-term structures and patience. Jonathan emphasizes that developing new tech hubs is a decades-long process that demands persistent support and investment.Links to Learn More:Find out more about Dr. Jonathan Gruber.Find his book, co-authored by Simon Johnson, titled Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream.Follow AMCC on Linkedin.Find Matt on Linkedin.Visit our website.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

FORward Radio program archives
Economic Impact | Episode 42 | Delegitimating Laissez Faire by Jon Wisman

FORward Radio program archives

Play Episode Listen Later Nov 10, 2024 29:00


A discussion with Dr. Jon Wisman of the Economics Department at American University on his paper "The Urgent Need to Delegitimate Laissez-Faire Ideology" ( https://ideas.repec.org/p/amu/wpaper/2024-02.html ). See also his book, The Origins and Dynamics of Inequality: Sex, Politics, and Ideology.

Keen On Democracy
Episode 2241: Daniel Susskind exposes the messy truth about the benefits of economic growth

Keen On Democracy

Play Episode Listen Later Nov 2, 2024 40:18


Yesterday, we featured a conversation with the British pro-market Conservative, Jon Moynihan, who is unambiguously in favor of economic growth. But Daniel Susskind, author of Growth: A History and a Reckoning, is less of an ideological warrior on behalf of unrestrained economic growth. In Growth, which is deservedly included on the Financial Times' short list of best business books for 2024, Susskind seeks to navigate between the exuberantly Hayekian Moynihan and “degrowthers” like previous KEEN ON guests Tim Jackson and Jason Hickel. The truth about growth, for Susskind, as I'm guessing for most of us, is tricky, especially in the context of its longer term environmental costs. Thus the importance of Susskind's nuanced and sensitive treatment of both the benefits and drawbacks of economic growth.Dr Daniel Susskind explores the impact of technology, and particularly AI, on work and society. He is a Research Professor in Economics at King's College London, a Senior Research Associate at the Institute for Ethics in AI at Oxford University, and an Associate Member of the Economics Department at Oxford University. He is the co-author of the best-selling book, The Future of the Professions (2015) and the author of A World Without Work (2020), described by The New York Times as "required reading for any potential presidential candidate thinking about the economy of the future”. His TED Talk, on the future of work, has been viewed more than 1.6 million times. And his new book, Growth: A Reckoning, published in April 2024, is currently shortlisted for the Financial Times Business Book of the Year 2024. Previously he worked in various roles in the British Government – in the Prime Minister's Strategy Unit, in the Policy Unit in 10 Downing Street, and in the Cabinet Office. He was a Kennedy Scholar at Harvard University. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Macro Hive Conversations With Bilal Hafeez
Ep. 239: Thomas Drechsel on Measuring Political Pressure on Fed, Predicting Fed, and Better Nowcasts

Macro Hive Conversations With Bilal Hafeez

Play Episode Listen Later Oct 25, 2024 49:49


Thomas Drechsel is Assistant Professor at the Economics Department of the University of Maryland. His research focuses on monetary policy, the role of commodities for emerging market economies, as well as real-time monitoring of economic activity. His work has been published in the Review of Economic Studies, the American Economic Journal and the Journal of Finance. He holds a PhD from the London School of Economics. In this podcast we discuss how to measure political pressure on Fed, the Nixon and LBJ cases, impact on inflation and growth, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

Growing Harvest Ag Network
Morning Ag News, October 23, 2024: Grain markets have been struggling

Growing Harvest Ag Network

Play Episode Listen Later Oct 23, 2024 2:56


Oklahoma State University's Agricultural Economics Department recently hosted the Rural Economic Outlook Conference. John Michael Riley, an associate professor in the Economics Department, talked about recent days in the grain markets.See omnystudio.com/listener for privacy information.

Economic Update with Richard D. Wolff
Puerto Rican Crises and Left Political Unity

Economic Update with Richard D. Wolff

Play Episode Listen Later Oct 22, 2024 29:44


On this week's episode of Economic Update, Professor Richard Wolff discusses the new law signed by California Governor Gavin Newsom banning "legacy and donor" favoritism in private college admissions to foster a "merit system." We also bring your attention to Javier Milei and his regime in Argentina as they impose austerity measures on the country: the masses will suffer to pay off debts that enriched the elite few in classic ways.  Finally, we Interviewed economics Professor Ian Seda-Irizarry of the City University of New York about the conditions provoking the rise of the political left and left unity in Puerto Rico. Ian Seda-Irizarry is an Associate Professor and Graduate Program Director at the Economics Department of John Jay College, City University of New York. His work focuses on the current socio-economic crisis of Puerto Rico and its relation to the island's first fiscal crisis in the mid-1970s.   The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate   Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

The Capitalism and Freedom in the Twenty-First Century Podcast
Edward Glaeser on Zoning, Land Use Regulation, and Urban Economics

The Capitalism and Freedom in the Twenty-First Century Podcast

Play Episode Listen Later Sep 26, 2024 57:30 Transcription Available


Jon Hartley and Edward Glaeser discuss the latter's seminal work on urban economics, zoning, land use regulation, and economic growth. They also discuss industrial policy, the important role of human capital and education in economic growth, as well as why crime has rebounded in recent years. Recorded on August 26, 2024. ABOUT THE SPEAKERS: Edward L. Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard University, where he has taught economic theory and urban economics since 1992. He also leads the Urban Economics Working Group at the National Bureau of Economics Research, co-leads the Cities Programme of the International Growth Centre, and co-edits the Journal of Urban Economics. He has written hundreds of papers on cities, infrastructure and other topics, and has written, co-written and co-edited many books including Triumph of the City, Survival of the City (with David Cutler) and Fighting Poverty in the U.S. and Europe: A World of Difference (with Alberto Alesina). Ed has served as director of the Taubman Center for State and Local Government and the Rappaport Institute for Greater Boston, editor of the Quarterly Journal of Economics, and chair of Harvard's Economics Department. He is a fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, the American Academy of Political and Social Science, and the Econometric Society. He received the Albert O. Hirschman prize from the Social Science Research Council. He earned his A.B. from Princeton University in 1988 and his Ph.D. in Economics from the University of Chicago in 1992.    Jon Hartley is a Research Associate 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 a Research 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/ RELATED RESOURCES: Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier by Edward Glaeser  Survival of the City: The Future of Urban Life In An Age of Isolation by Edward Glaeser and David Cutler 

Principles Live Lectures
The Post-Constitutional Temptation | Dr. James Stoner

Principles Live Lectures

Play Episode Listen Later Sep 21, 2024 67:31


On September 20, Christendom's Tocqueville Forum for Liberal Democracy hosted a lecture by Dr. James Stoner from Louisiana State University on "The Post-Constitutional Temptation."Learn more about Christendom's Political Science and Economics Department at: https://www.christendom.edu/academics/majors-minors/political-science-economics/

Economic Update with Richard D. Wolff
Capitalism, Today's World Economy and Gaza with Clara Mattei

Economic Update with Richard D. Wolff

Play Episode Listen Later Aug 13, 2024 31:18


On this week's program, we question the effectiveness as well as the economics of US sanctions (Economic Warfare), also the American Federation of Teachers (AFT) endorses the United Auto Workers (UAW) plan of setting all union contracts to expire on May 1, 2028, essentially laying the groundwork for a "General Strike". We also highlight the latest rhetoric from the US Chamber of Commerce's declaration of a "labor shortage" which only masks their desire for government help in procuring more workers without having to offer higher pay and better working conditions to overcome the "phony" labor shortage.  Finally, we Interview Professor Clara Mattei from Rio as Brazil hosts G20 meetings and discuss the protest events calling for an end to the suffering of the people of Gaza. Clara E. Mattei is an Associate Professor in the Economics Department of The New School for Social Research.   The d@w Team Economic Update with Richard D. Wolff is a DemocracyatWork.info Inc. production. We make it a point to provide the show free of ads and rely on viewer support to continue doing so. You can support our work by joining our Patreon community: https://www.patreon.com/democracyatwork Or you can go to our website: https://www.democracyatwork.info/donate   Every donation counts and helps us provide a larger audience with the information they need to better understand the events around the world they can't get anywhere else. We want to thank our devoted community of supporters who help make this show and others we produce possible each week. We kindly ask you to also support the work we do by encouraging others to subscribe to our YouTube channel and website: www.democracyatwork.info

The Moral Imagination
Episode 59: Catherine Pakaluk, Ph.D - A Life Marathon: On having a large family in a consumerist culture amidst declining marriage and birth rates

The Moral Imagination

Play Episode Listen Later Jul 25, 2024 145:36


In this episode of the Moral Imagination Podcast I speak with Catherine Pakaluk about her book Hannah's Children: The Women Quietly Defying the Birth DearthOver the last 200 years, we have seen a decline in birth rates in the United States and abroad, especially in Western countries. Most European countries are no longer at replacement rates and face serious population decline. Reuters reported that Japan's population will decline by a staggering 30% in the next fifty years. In the United States, in the year 1800, the typical woman would have about 7 or 8 children. By 1900 that number was cut in half to 4. By 2000 the number cut in half again to about 2 children, which is just about replacement rate. The Wall Street Journal recently reported on the the record-low birthrate in the US, and how increasing numbers of people plan to have no children. In the midst of declining marriages, childlessness, and low birthrates, Pakaluk studied the increasing minority of women in the Western world who have chosen to have five or more children — the top 5% of childbearing.Her book is a mix of ethnography, sociology, and economics, and includes a critique of the dominant model of social and economic research. One thing that stands out with many of the women she interviews is how at some point a shift took place in their attitude — from seeing children as a choice, like a consumer good among other choices, to a different attitude of receptivity and openness to having another child, and then another. She talks about the many forces that promote small families — the cost of children, overpopulation propaganda, education, feminism, environmentalism, consumerism and more. But Pakaluk emphasizes that encouraging women to have more children cannot be addressed simply by implementing pro-family policies like some countries have tried to do. Good policy is not insignificant — for example in most US states parents who want to send their children to religious schools have to pay twice for school through tax and tuition. But she argues that the real problems go much deeper. They are religious, spiritual, and metaphysical: a vision of life that sees being as good, children as a blessing, and family as essential for a good life. Pakaluk compares having a large family to running a marathon—except longer, harder, and more fulfilling. Government family policy would be like giving everyone a pair of good running shoes for the marathon. That could help, but it won't get most people to run. There must be a deeper motivation, and this almost always comes from religious belief and the virtues of faith, hope, the goodness of being, and the value of generosity and sacrifice that come from it. Themes and Topics we discuss include: * Demographics and Population Decline * Family policies * Feminism * Education * Career vs Family and Children * Conflicting Desires* Difficulties and Advantages of a Large Family * The Role of Religious Schools* Community * Plausibility Structures* Consumerism * Individualism* Social Pressure * Religious Freedom * Fortitude, Patience * Boys and Girls Sports * Novak Djokovic and Kobe Bryant * Voting Patterns * Climate* Creation and the Goodness of Being * and more Biography Catherine Ruth Pakaluk (Ph.D, 2010) joined the faculty at the Busch School in the summer of 2016, and is the founder of the Social Research academic area, where she is an Associate Professor of Social Research and Economic Thought. Formerly, she was Assistant Professor and Chair of the Economics Department at Ave Maria University. Her primary areas of research include economics of education and religion, family studies and demography, Catholic social thought and political economy. Dr. Pakaluk is the 2015 recipient of the Acton Institute's Novak Award, a prize given for “significant contributions to the study of the relationship between religion and economic liberty.”Pakaluk did her doctoral work at Harvard University under Caroline Hoxby, David Cutler, and 2016 Nobel-laureate Oliver Hart. Her dissertation, “Essays in Applied Microeconomics”, examined the relationship between religious ‘fit' and educational outcomes, the role of parental effort in observed peer effects and school quality, and theoretical aspects of the contraceptive revolution as regards twentieth century demographic trends.   Beyond her formal training in economics, Dr. Pakaluk studied Catholic social thought under the mentorship of F. Russell Hittinger, and various aspects of Thomistic thought with Steven A. Long. She is a widely-admired writer and sought-after speaker on matters of culture, gender, social science, the vocation of women, and the work of Edith Stein. She lives in Maryland with her husband Michael Pakaluk and eight children.Resources Hannah's ChildrenFlight from Woman Neil Postman: Technopoly Joseph Ratzinger: Homilies on Genesis On the Jewish - Christian Idea of the Goodness of Being Get full access to The Moral Imagination - Michael Matheson Miller at www.themoralimagination.com/subscribe

The Capitalism and Freedom in the Twenty-First Century Podcast
Economic Growth, Macro-Models, and a Move to the Hoover Institution

The Capitalism and Freedom in the Twenty-First Century Podcast

Play Episode Listen Later Jul 18, 2024 59:46 Transcription Available


Jon Hartley and John Cochrane introduce the Capitalism and Freedom in the 21st Century podcast to the Hoover audience. They speak on a number of topics including the usefulness of existing macroeconomic models, the use of economic models at central banks, the state of macroeconomics, the fiscal theory of the price level, and how technology, institutions, and policy play a role in fostering economic growth. ABOUT THE SPEAKERS: John H. Cochrane is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution. He is also a research associate of the National Bureau of Economic Research and an adjunct scholar of the CATO Institute.  Before joining Hoover, Cochrane was  a Professor of Finance at the University of Chicago's Booth School of Business, and earlier at its Economics Department. Cochrane earned a bachelor's degree in physics at MIT and his PhD in economics at the University of California at Berkeley. He was a junior staff economist on the Council of Economic Advisers (1982–83). Cochrane's recent publications include the book The Fiscal Theory of the Price Level (Princeton University Press, 2023). He also refularly writes  articles on inflation, dynamics in stock and bond markets, the volatility of exchange rates, the term structure of interest rates, the returns to venture capital, liquidity premiums in stock prices, the relation between stock prices and business cycles, and option pricing when investors can't perfectly hedge. His monetary economics publications include articles on the relationship between deficits and inflation, the effects of monetary policy, and the fiscal theory of the price level. He has also written articles on macroeconomics, health insurance, time-series econometrics, financial regulation, and other topics. He was a coauthor of The Squam Lake Report. His Asset Pricing PhD class is available online via Coursera.  Cochrane frequently contributes editorial opinion essays to the Wall Street Journal, Bloomberg.com, and other publications. He maintains the Grumpy Economist blog and is a regular host of Hoover's flagship broadcast, GoodFellows. Jon Hartley is a Research Associate 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 a Research 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. RELATED RESOURCES: The Fiscal Theory of the Price Level Reforming the Euro: Lessons From Four Crises 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.

The Real Estate Lowdown
Navigating Mortgage Complexities: Delinquencies, Forecasts, and Financial Strategies with Marina Walsh

The Real Estate Lowdown

Play Episode Listen Later Jul 10, 2024 26:06


Join us for a compelling episode with the Marina Walsh, Vice President of Industry Analysis in MBA's Research and Economics Department, specializing in industry performance benchmarking for residential lenders and servicers.Marina shares her unique ability to make the world of finance captivating as we discuss the latest trends in mortgage delinquencies, highlighting both slight increases and historical lows, and future projections and innovative solutions for mortgage rates and the challenges they pose for homeowners, particularly in terms of taxes and insurance.Marina sheds light on the growth of non-QM and DSCR loan markets, the influence of short-term rentals on the housing market, and the surge in travel demand, all while weaving in her own professional insights. To cap it off, we discuss the broader economic shifts affecting business models and market dynamics, highlighting the need for strategic adaptation. Connect further with Marina on LinkedIn https://www.linkedin.com/in/marina-walsh-cmb-2570a69/.To securely invest with a partner that cares about your investment priorities and provides low risk with maximized returns, please consider joining our successful investing family and let us create a legacy of financial and community impact together. Please email bill@firstliencapital.com or go to https://www.firstliencapital.com.Stay connected with Bill Bymel and First Lien Capital:Linktree: https://linktr.ee/billbymelTo learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/

Ideas of India
Anne Krueger Reflects on 50 Years of Rent-Seeking, Trade, and Economic Development

Ideas of India

Play Episode Listen Later Jun 20, 2024 74:11


Today my guest is Anne O Krueger. She is a Senior Fellow at the School of Advanced International Studies, Johns Hopkins University, and the Herald L. and Caroline Ritch Emeritus Professor of Sciences and Humanities in the Economics Department at Stanford University. She served World Bank's Chief Economist from 1982 to 1986, and the first deputy managing director at the IMF from 2001 to 2006. We talked about her famous 1974 paper “The Political Economy of a Rent Seeking Society” on its 50th anniversary, her experience understanding the license permit raj system in India, the 1991 trade liberalization, the Washington consensus, decline of the WTO, the new protectionism in the US, reforming Argentina and much more. Recorded May 17th, 2024. Read a full transcript enhanced with helpful links. Connect with Ideas of India Follow us on X Follow Shruti on X Click here for the latest Ideas of India episodes sent straight to your inbox. Timestamps (00:00:00) - Intro (00:01:24) - Rent-Seeking in Turkey and India (00:10:49) - Professional Influences (00:15:35) - South Korean Miracle (00:18:53) - Korea vs. India (00:26:19) - Import Substitution and Rent (00:29:15) - Turning Around the World Bank (00:38:59) - The Krueger Consensus (00:42:18) - Africa (00:45:39) - India's 1991 Reforms (00:50:52) - World Trade Organization (00:53:53) - United States and Free Trade (01:02:14) - License Permit Raj in the US (01:04:36) - International Monetary Fund (01:06:47) - Hope for Milei and Argentina (01:11:30) - Looking Back on Success (01:13:31) - Outro

EconoFact Chats
The Economics of EV Adoption

EconoFact Chats

Play Episode Listen Later Jun 2, 2024 28:49


Electric vehicles are thought to represent a partial, but important solution to realizing net-zero emissions goals. Toward this end, the European Union, China, Japan, South Korea, and several U.S. states have declared their intention to ban gasoline and diesel cars. But how realistic is it to move to a fully electric vehicle fleet? And how desirable is this goal? David Rapson joins EconoFact Chats to discuss these questions. David is a Chancellor's Leadership Professor in the Economics Department at the University of California, Davis. He also serves as an economic policy advisor to the Federal Reserve Bank of Dallas.

EconoFact Chats
The Economics of EV Adoption

EconoFact Chats

Play Episode Listen Later Jun 2, 2024 28:49


Electric vehicles are thought to represent a partial, but important solution to realizing net-zero emissions goals. Toward this end, the European Union, China, Japan, South Korea, and several U.S. states have declared their intention to ban gasoline and diesel cars. But how realistic is it to move to a fully electric vehicle fleet? And how desirable is this goal? David Rapson joins EconoFact Chats to discuss these questions. David is a Chancellor's Leadership Professor in the Economics Department at the University of California, Davis. He also serves as an economic policy advisor to the Federal Reserve Bank of Dallas.

America's Work Force Union Podcast
Stephen Silvia, American University Professor, The UAW's Southern Gamble

America's Work Force Union Podcast

Play Episode Listen Later May 23, 2024 39:27


Stephen Silvia, a professor in the Politics, Governance and Economics Department at American University, joined the America's Work Force Union Podcast to discuss how automakers in the South have worked to prevent the United Auto Workers' unionization efforts, as well as his recent book, The UAW's Southern Gamble.

Grand Tamasha
How India's Economy Can Break the Mold

Grand Tamasha

Play Episode Listen Later May 15, 2024 51:02


Breaking the Mould: India's Untraveled Path to Prosperity is a big new book by the economists Raghuram Rajan and Rohit Lamba. The book is both a critique of India's development model as well as a manifesto for reform.Most notably, it challenges the conventional wisdom that India's primary goal should be to transform the country into a blue-collar manufacturing powerhouse. Rajan and Lamba argue that India cannot duplicate China's development model, but it has the opportunity to leapfrog by focusing higher up the value chain.To discuss the book's ideas and its policy implications, Milan is joined on the show this week by Rohit Lamba. Rohit is an economist at New York University-Abu Dhabi and will soon be joining the Economics Department at Cornell University. He's twice worked in the chief economic advisor's office in the Indian Ministry of Finance.The two discuss what the critics get right about the Indian economy, why India cannot blindly follow the Chinese model, and how India can pivot “from brawn to brain.” Plus, Rohit and Milan discuss the manufacturing versus services debate, India's inward economic turn, and what India must do to upgrade its human capital.Episode notes:1. W. Arthur Lewis, “Economic Development with Unlimited Supplies of Labour,” The Manchester School 22 (1954): 139-191.2. Rohit Lamba and Arvind Subramanian, “Dynamism with Incommensurate Development: The Distinctive Indian Model,” Journal of Economic Perspectives 34, no. 1 (2020): 3-30.3. Devesh Kapur, “Why Does the Indian State Both Fail and Succeed?" Journal of Economic Perspectives 34, no. 1 (2020): 31-54.4. Devesh Kapur, “Exit,” Seminar 677 (2015).

Ruth Institute Podcast
Podcast Episode 235: Who are the 5% of Women Having More Children? Catherine Pakaluk on the Dr. J Show

Ruth Institute Podcast

Play Episode Listen Later May 10, 2024 35:39


Listen to the full episode with a free account on Locals: https://theruthinstitute.locals.com/post/5618983/podcast-catherine-pakaluk-explains-why-5-of-women-decide-to-have-more-children   In an age where many women have decided that having children is not worth it, there are women all around the country who have decided to have more children. Catherine Pakaluk, an economist and director of Social Research at the Catholic University, recently asked the question why do these women decide to have more children? She traveled across the country and spoke with 55 women, all of whom had 5 or more children, to find out why they decided to have more children. Her new book, "Hannah's Children: the Women Quietly Defying the Birth Dearth," contains her research and stories of the women she interviewed. And you can enter to win one of five autographed copies of the book, for free! Just send an email to Bookgiveaway@ruthinstitute.org before May 16th at 12 PM Central to be entered to win.    Buy the book, Hannah's Children, here: https://www.amazon.com/Hannahs-Children-Quietly-Defying-Dearth/dp/1684514576   You can follow her on X here: https://twitter.com/CRPakaluk   Watch this video on the birth dearth next: https://www.youtube.com/watch?v=GHO4GBetaBw   Catherine Ruth Pakaluk (Ph.D, 2010) joined the faculty at the Busch School in the summer of 2016, and is the founder of the Social Research academic area, where she is an Associate Professor of Social Research and Economic Thought. Formerly, she was Assistant Professor and Chair of the Economics Department at Ave Maria University. Her primary areas of research include economics of education and religion, family studies and demography, Catholic social thought and political economy. Dr. Pakaluk is the 2015 recipient of the Acton Institute's Novak Award, a prize given for “significant contributions to the study of the relationship between religion and economic liberty.”   Pakaluk did her doctoral work at Harvard University under Caroline Hoxby, David Cutler, and 2016 Nobel-laureate Oliver Hart. Her dissertation, “Essays in Applied Microeconomics”, examined the relationship between religious ‘fit' and educational outcomes, the role of parental effort in observed peer effects and school quality, and theoretical aspects of the contraceptive revolution as regards twentieth century demographic trends.      Beyond her formal training in economics, Dr. Pakaluk studied Catholic social thought under the mentorship of F. Russell Hittinger, and various aspects of Thomistic thought with Steven A. Long. She is a widely-admired writer and sought-after speaker on matters of culture, gender, social science, the vocation of women, and the work of Edith Stein. She lives in Maryland with her husband Michael Pakaluk and eight children.   Have a question or a comment? Leave it in the comments, and we'll get back to you!   Subscribe to our YouTube playlist:  @RuthInstitute  Follow us on Social Media: https://www.instagram.com/theruthinstitute https://twitter.com/RuthInstitute https://www.facebook.com/TheRuthInstitute/ https://theruthinstitute.locals.com/newsfeed   Press: NC Register: https://www.ncregister.com/author/jennifer-roback-morse Catholic Answers: https://www.catholic.com/profile/jennifer-roback-morse The Stream: https://stream.org/author/jennifer-roback-morse/ Crisis Magazine: https://crisismagazine.com/author/jennifer-roeback-morse   Father Sullins' Reports on Clergy Sexual Abuse: https://ruthinstitute.org/resource-centers/father-sullins-research/   Buy Dr. Morse's Books: The Sexual State: https://tanbooks.com/products/books/the-sexual-state-how-elite-ideologies-are-destroying-lives-and-why-the-church-was-right-all-along/ Love and Economics: https://ruthinstitute.org/product/love-and-economics-it-takes-a-family-to-raise-a-village/ Smart Sex: https://www.amazon.com/-/he/Jennifer-Roback-Morse-PhD/dp/0981605923   Listen to our podcast: Apple Podcasts - https://podcasts.apple.com/us/podcast/the-ruth-institute-podcast/id309797947 Spotify - https://open.spotify.com/show/1t7mWLRHjrCqNjsbH7zXv1   Subscribe to our newsletter to get this amazing report: Refute the Top 5 Gay Myths https://ruthinstitute.org/refute-the-top-five-myths/   Get the full interview by joining us for exclusive, uncensored content on Locals: https://theruthinstitute.locals.com/support

Open to Debate
Should Elite Universities Reinstate the SAT?

Open to Debate

Play Episode Listen Later May 3, 2024 53:15


Many colleges during the pandemic decided to make their applications test-optional, but new research has elite colleges rethinking that policy. Those in favor of reinstating say the SAT is the best way to bring talented students from all socioeconomic levels into the fold. Those against it say it favors the affluent and argue that admissions decisions should be based on a holistic, more inclusive review that considers a wide range of factors Now we debate: Should Elite Universities Reinstate the SAT? Arguing Yes: John Friedman, Professor and Chair of the Economics Department at Brown University   Arguing No: Ben Nelson, Founder of Minerva University  Emmy award-winning journalist John Donvan moderates  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Exchanges at Goldman Sachs
Weighing the GLP-1 Market

Exchanges at Goldman Sachs

Play Episode Listen Later Apr 23, 2024 24:27


The newest generation of GLP-1 drugs are being hailed by some as “miracle drugs” for the treatment of obesity. But GLP-1s are expensive, insurance coverage is limited, and not everyone with obesity can and or wants to take them. In this episode, which is based on Goldman Sachs Research's latest Top of Mind report, obesity medicine physician Dr. Fatima Cody Stanford and Jonathan Gruber, professor of economics and chairman of the Economics Department at MIT, discuss how large the addressable market for GLP-1s actually is and the implications for US fiscal health.   If you want more insights from Goldman Sachs, make sure to visit GS.com and sign up for Briefings, a weekly newsletter from Goldman Sachs about trends spanning markets, industries, and the global economy. 

Shaping Opinion
Encore: What They Won’t Tell You About Socialism

Shaping Opinion

Play Episode Listen Later Apr 22, 2024 32:35


Economist, professor and author Paul Rubin joins Tim to talk about the impact of socialism on the future, particularly among young people who tend to be the most supportive of it, but who stand to lose the most because of it. This is the focus of his new book called, “A Student's Guide to Socialism: How it will trash your lives.” This episode was first released January 4, 2021. https://traffic.libsyn.com/secure/shapingopinion/157_-_What_They_Wont_Tell_You_About_Socialism.mp3 If you want to see where socialism has been tried and failed, you don't have to look far. Venezuela is one current-day example. The country sits on one of the world's largest deposits of oil, yet people in that country have to wait in long lines for gas, the prices for gas are high and the quality of life is among the lowest in the world. Or, you could look toward history, from the Soviet Union, to Cuba, to countries from Eastern Europe to South America and Africa. The examples of socialist failure are many.  But if you look for examples of where socialism has been successful, you can look, but you won't find many if any. The effects of socialism aren't just a poor standard of living, but massive human misery, that history has shown, has led to the establishment of dictators and small rich oligarchies who rule the masses under the thumb of socialism. At the same time, the concepts of socialism have long had a certain appeal to young people and oppressed peoples. Socialism has a certain seductive quality for some. Paul Rubin has spent decades teaching young generations about basic economic principles, and has spent no small amount of time educating young people on the risks of socialism. Links A Student's Guide to Socialism: How it will trash your lives, by Paul Rubin (Amazon) Paul Rubin, The Independent Institute How are socialism and communism different?, History.com Capitalism v. Socialism, PragerU.com About this Episode's Guest Paul Rubin Paul H. Rubin is the Samuel Candler Dobbs Professor of Economics Emeritus in the Economics Department of Emory University and a former Professor of Law and Economics at the School of Law. He served as editor-in-chief of Managerial and Decision Economics. In addition, he is associated with the Mont Peleron Society, the Independent Institute, and the American Enterprise Institute, and a Fellow of the Public Choice Society and former President of the Southern Economics Association. Professor Rubin was Senior Economist at the Council of Economic Advisers under President Reagan, Chief Economist at the U.S. Consumer Product Safety Commission, Director of Advertising Economics at the Federal Trade Commission, and Vice-President of Glassman-Oliver Economic Consultants, Inc., a litigation consulting firm in Washington. He has taught economics at the University of Georgia, City University of New York, VPI, and law and economics at George Washington University Law School. Professor Rubin has written or edited several books, and has published over one hundred articles and chapters on economics, law, and regulation. Much of Professor Rubin's writing is in law and economics, with a focus on tort, crime and contract issues. His areas of research interest include law and economics, industrial organization, transaction cost economics, government and business, public choice, regulation and price theory, and evolution and economics. His work has been cited in the professional literature over 11,100 times. He has consulted widely on litigation related matters, and has addressed numerous business, professional, policy and academic audiences. He has testified three times before Congress, and has served as an advisor on tort issues to the Congressional Budget Office. Professor Rubin is the author of the well-known paper “Why Is the Common Law efficient?” Journal of Legal Studies, 1977, which has been reprinted eight times, in English, Spanish and French. B.A. 1963,

AppliedMMT Podcast
#25 - Conversation with David Andolfatto

AppliedMMT Podcast

Play Episode Listen Later Apr 16, 2024 89:02


David Andolfatto (@dandolfa) Professor & Economics Department Chair at the University of Miami, joins Adam, Douglas, and Ryan to discuss:David's journey from construction to academia and the Federal Reserve.His focus on monetary theory and views on the essence of money.How MMT compares and contrasts with traditional economic theories.David's take on money's role in resource allocation and price setting.Historical inflation trends and major economic shifts, like the 1970s oil crises.Analysis of how changing interest rates can affect the economy.The difference between short-term rate changes and long-term interest rate impacts.Andolfatto's views on government responses to high interest rates and their effects.Economic complexity and the need for careful policy evaluation.David Andolfatto received his Ph.D. in economics in 1994 from the University of Western Ontario, London, Canada. A native of Vancouver, British Columbia, he began his academic career in Canada as a professor of economics. In 2009, he was awarded the Bank of Canada Fellowship Award for his contributions in the theory of money, banking, and monetary policy. In that same year, David left Canada to become Vice President, and then Senior Vice President, in the research division of the Federal Reserve Bank of St. Louis, where he served as a senior policy advisor for James Bullard, CEO and president of the Bank. He left the Fed in 2022 to become Chair of the Economics Department at the University of Miami Patti and Allan Herbert Business School.AppliedMMT.comAppliedMMT on TwitterDouglas (@MMTmacrotrader) on TwitterDisclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions

The Gist
Can We Wait To Take The Economic Loss On Weight Loss

The Gist

Play Episode Listen Later Mar 29, 2024 45:50


The Miracle Weight-Loss Drugs would radically transform the lives of hundreds of millions of Americans. Hundreds of millions. So maybe the Government should foster this human flourishing. There's always a cost. Jonathan Gruber Chairman of the Economics Department at MIT discuss his New York Times opinion piece about how drugs like Ozempic can be afforded. Plus, the My Pillow fellow loses his lease, if not his moxie. Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show, visit: https://advertisecast.com/TheGist Subscribe to The Gist Subscribe: https://subscribe.mikepesca.com/ Follow Mikes Substack at: Pesca Profundities | MikePesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices

BYU-Idaho Radio
Pas Society News Package

BYU-Idaho Radio

Play Episode Listen Later Mar 26, 2024 2:19


BYU-Idaho's Economics Department hosts a branch of the Professional Agriculture Student Organization which helps provide leadership and career preparation opportunities for BYU-Idaho students looking to enter that field.

Scientific Sense ®
Prof Annamaria Lusardi of Stanford University on the importance of financial literacy

Scientific Sense ®

Play Episode Listen Later Mar 22, 2024 60:08


Scientific Sense ® by Gill Eapen: Prof Annamaria Lusardi is Professor of Finance at Stanford University. She is also Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR), and the Director of the Financial Freedom Initiative, a collaboration between SIEPR, the Graduate School of Business (GSB), and the Economics Department at Stanford University. Please subscribe to this channel: https://www.youtube.com/c/ScientificSense?sub_confirmation=1 --- Send in a voice message: https://podcasters.spotify.com/pod/show/scientificsense/message Support this podcast: https://podcasters.spotify.com/pod/show/scientificsense/support

Stork'd
S6 Ep 9 - Memorializing Fertility Intentions in Contracts - Fertility Law With James Mahan, Surrogates Corner

Stork'd

Play Episode Listen Later Feb 27, 2024 58:14


Going through a fertility journey, you need a great fertility doctor and…. a lawyer? Both intended parents and those helping them conceive by donating sperm, eggs, embryos or serving as surrogates need lawyers to protect their rights and support the intention behind the relationship.  James Mahan, a seasoned attorney and founder of The Surrogates Corner, brings his expertise to discuss putting your family-building intentions into a contractIn today's episode Julia speaks with James to learn all the details of current fertility law practices including how and when to seek legal support, the are current political and ethical trends impacting fertility law and how the law and your emotions intersect. This episode unpacks crucial details about contracts, surrogate rights, donor selection (both egg and sperm), and the ever-evolving legal landscape of surrogacy across different states. While challenges may arise, the fulfillment of building a family outweighs the hurdles. If this topic resonates with you or someone you know, tune in for this informative episode!   IN THIS EPISODE: [2:56] James shares how he became familiar with surrogacy and his naval background [8:04] James discusses the differences between being egg, sperm and embryo donors [12:07] Anonymous donations are not guaranteed, and the trend is moving in that direction [16:32] Contracts have changed because the entire space has changed, and James discusses various clauses intended parents and surrogates want to be included in their contracts [23:09] James discusses the under-representation of specific communities looking for donors from that community and how different states have different laws regarding surrogacy [34:19] James discusses personhood rights, abortion rights and the rights of the surrogate  [39:08] Discussion of embryo donation, storage, gifting embryos and egg-freezing exchange [45:39] Financial caps for egg donors versus sperm donors and when should a lawyer be engaged [51:42] James “undefines” family   KEY TAKEAWAYS: In the past, women who had a child through surrogacy often moved to avoid the stigma of not being able to become pregnant. Surrogacy is now an accepted way of building a family today. Anonymous donations are not practical for the child for several reasons. Emotionally, they may want to know their parentage, and knowledge is power if there is a medical situation in the future.  Each state has its laws regarding surrogacy. Some states do not allow compensated surrogacy. Get informed about your state law before deciding to become a surrogate or an intended parent in your state.   RESOURCE LINKS: Stork'd - Facebook Stork'd - Instagram Stork'd - YouTube  Surrogates Corner - Website Surrogates Corner - Instagram Surrogates Corner - LinkedIn   BIOGRAPHY: James Mahan I went to graduate school at Cambridge University and found myself boxing for the Cambridge University team. I had the fortunate experience of winning my Cambridge-Oxford bout and earned my Varsity Blue (essentially a varsity letter in the sport). My experience boxing and practicing in the ring became a metaphor for this new blog and law firm, The Surrogate's Corner.    While still on Active Duty, I was able to return to my alma mater to teach in the Economics Department. During my time teaching at the Naval Academy and throughout my three years in law school, I worked for my parents' law firm, getting to learn the ropes of the surrogacy field and Third-Party Reproduction law (TPR), which is also referred to strangely as ART law (Assisted Reproductive Technology). That became the focus of my law career. After graduating from Stanford in 2018, I earned my license in California and started taking over the day-to-day operations of the firm's ART practice.   My experience working with Surrogates has always been meaningful and insightful. I began to hear stories from Surrogates who felt like they were on their own when it came to disagreements or uncertainties regarding the legal aspects of the surrogacy process, especially so after their initial surrogacy contracts were signed. Surrogacy agencies tried to help the matches succeed but often had to be the neutral referee between the Gestational Carrier and Intended Parent(s) when things got challenging. Many attorneys working with Surrogates are only hired to review their contracts. After that, if a Surrogate has questions or issues, they can find themselves independently without legal assistance unless they are willing to pay for it themselves.

Tea for Teaching
Admission to Highly Selective Colleges

Tea for Teaching

Play Episode Listen Later Feb 21, 2024 42:07 Transcription Available


Graduates from a small number of elite private colleges account for a disproportionate share of America's business and political leaders. In this episode, John Friedman joins us to discuss his recent study with Raj Chetty and David Deming that examines how admissions criteria at these institutions privilege students from high-income families. John is the Briger Family Distinguished Professor of Economics and International Public Affairs at Brown University, where he is the chair of the Economics Department. He is a Research Associate at the National Bureau of Economic Research and has served in the White House as Special Assistant to the President for Economic Policy at the National Economic Council. John is also a member of the U.S. Treasury Council on Racial Equity, a co-Editor of the American Economic Review, and a founding Co-Director of Opportunity Insights. A transcript of this episode and show notes may be found at http://teaforteaching.com.

Causes Or Cures
Are Taxes on Sugar-Sweetened Drinks Effective? With Dr. Scott Kaplan

Causes Or Cures

Play Episode Listen Later Feb 20, 2024 53:58


In this episode of Causes or Cures I chat with Dr. Scott Kaplan about his research on the effectiveness of putting a tax on sugar-sweetened beverages.  Sugar-sweetened beverages are significantly linked to heart disease, obesity and other chronic illnesses, and taxes are one (albeit controversial) approach we can take at the population level. Dr. Kaplan discusses price and purchasing changes afte a sugar-sweetened beverage tax was implemented  in five major US cities. He discusses economic outcomes, health outcomes, and addresses criticism of these types of taxes, including that they are too "Big Brotherish" and discriminate against the poor. Dr. Kaplan is an applied microeconomist whose research interests include consumer behavior and food and health poicy. He is an Assistant Professor in the Economics Department at the United States Naval Academy. You can contact Dr. Eeks at bloomingwellness.com.Follow Dr. Eeks on Instagram here.Or Facebook here.Or Twitter.Or Youtube.Subscribe to her newsletter here!Support the show

13
The National Debt

13

Play Episode Listen Later Feb 16, 2024 53:04


In this episode we are joined by professors from Colgate's Economics Department for a discussion of the National Debt. Nicole Simpson and Rich Higgins guide us through the complexities of the debt, from what it is and how we got to where we are to the implications on the future of the global economy. Simpson is the W. Bradford Wiley Professor of International Economics and Chair of the Department of Economics. Higgins is an Assistant Professor in Economics.

Anti-Hero's Journey
Dr. Jose Fernandez (PhD) Economics Professor, Husband, Father, DEI Advocate, BJJ Purple Belt

Anti-Hero's Journey

Play Episode Listen Later Dec 1, 2023 57:27


Dr. Fernandez's research focuses on a wide range of risky behavior and mental health topics with a special focus on suicide and substance abuse, including opioid-related healthcare utilization. Dr. Fernandez has over 20 articles appearing in well-respected journals such as the the International Economic Review, The Journal of Economic Education, Journal of Business Venturing, Journal of Economic Perspectives, Journal of Economic Behavior and Organization, and Health Service Research Journal. He has appeared in over 100 local, regional, and national media interviews including NPR's Planet Money and the Indicator. Dr. Fernandez is a faculty scholar at the Commonwealth Institute of Kentucky, a member of the Statutory Committee Consensus Forecasting Group for the State of Kentucky, the former President of the American Society of Hispanic Economists, Member of the Committee on Status of Minority Groups in the Economics Profession, and the chair of the Economics Department at the University of Louisville.

Preble Hall
The Economics of Seapower

Preble Hall

Play Episode Listen Later Nov 2, 2023 43:06


Dr. John Sherwood of the Naval History & Heritage Command interviews Dr. Ahmed Rahman of Lehigh University (and formerly with the Economics Department of the US Naval Academy) on the economics of seapower. This episode was conducted as part of the USNA History Department's biennial McMullen Naval History Symposium in which some of the presenters were asked to join us on Preble Hall to discuss their work.

The Real Estate Mastermind
Unlocking Investment Trends: A Macro Perspective with Gary Schlossberg

The Real Estate Mastermind "Live"

Play Episode Listen Later Oct 10, 2023 53:54


The Real Estate Mastermind Live is a live podcast turned radio show created for real estate investors who want to learn directly from top experts in various asset classes. The Real Estate Mastermind Live is hosted by Seth Gershberg and Jay Tenenbaum of Scottsdale Mortgage Investments, along with Edward Brown of Pacific Private Money.Today's guest is Gary Schlossberg, a global strategist for Wells Fargo Investment Institute (WFII), a subsidiary of Wells Fargo Bank, N.A., which is focused on delivering the highest quality investment expertise and advice to help investors manage risk and succeed financially. Wells Fargo Investment Institute serves Wealth & Investment Management (WIM). WIM is a division within Wells Fargo & Company. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company.Mr. Schlossberg is responsible for identifying global macroeconomic and political trends, their impacts on financial markets, and their potential opportunities and risks for investment portfolios. He conducts internal and external presentations, and he produces market updates, special reports, and white papers that articulate views to help investors meet their long-term financial goals.Prior to joining WFII, Mr. Schlossberg worked as a senior economist with Wells Fargo Asset Management, the bank's institutional investment manager, and in the bank's Economics Department. He began his career as a researcher with the U.S. Treasury Department and the Federal Reserve Board.In this episode, we will explore the following topics:What exactly are macro trends in investments, and why should investors pay attention to them?Can you highlight some of the current prominent macro trends shaping the investment landscape?How do global economic conditions influence these macro trends in investments?Are there specific industries or sectors that are particularly impacted by these trends?For individual investors, what strategies can they employ to align with these macro investment trends?What role does technology play in the evolving world of investment trends?Could you share some historical examples of how macro trends have affected the financial markets and investments?How can investors adapt their portfolios to capitalize on or safeguard against changing macro trends?Are there any potential risks associated with following macro trends too closely in one's investment strategy?Register to attend The Real Estate Mastermind Live by registering on our website using the link here: https://scottsdalemortgageinvestments.com/podcastLearn more about Scottsdale Mortgage Investments by visiting the website using the link here: https://scottsdalemortgageinvestments.com/Learn more about Pacific Private Money by visiting the website using the link here: https://www.pacificprivatemoney.com/Are you on LinkedIn? Connect with our co-hosts using the links below. Seth Gershberg - Connect on LinkedIn Jay Tenenbaum - Connect on LinkedIn Edward Brown - Connect on LinkedIn

Bitcoin Park
Open House: Bitcoin & Academia

Bitcoin Park

Play Episode Listen Later Sep 19, 2023 43:37


This conversation was recorded at Bitcoin Park's August 2023 Open House, a monthly meetup event at Bitcoin Park in Nashville, TN featuring panel discussions on various Bitcoin-focused topics. August 2023's Open House topic: Bitcoin & Academia Recorded: August 16, 2023 with: Rod @bitkite, Partner - Bitcoin Park Korok Ray, Free Market Economist, Bitcoin Professor at Texas A&M, and Founder of the Southwest Innovation Research Lab Dr. Josh Hendrickson, Associate Professor of Economics and Chair of the Economics Department at the University of Mississippi Harry Sudock, Chief Strategy Officer at GRIID, Partner at Bitcoin Park Bitcoin Park is a community supported campus in Nashville, TN focused on grassroots bitcoin adoption and a home for bitcoiners to work, learn, collaborate, and build. Our aim is to produce and publish conversations from future events, so please like and subscribe on your favorite podcasting app to stay up to date. To learn more, please visit and join: ⁠⁠⁠⁠⁠⁠https://bitcoinpark.com⁠⁠ and/or join our Discord where we are most active: ⁠⁠⁠⁠https://bitcoinpark.com/discord⁠⁠  Bitcoin Park: ⁠⁠⁠⁠https://twitter.com/bitcoinpark_⁠⁠ Matt Odell: ⁠⁠⁠⁠https://twitter.com/ODELL⁠⁠ Rod @bitkite: ⁠⁠⁠⁠https://twitter.com/bitkite Bitcoin Park Telegram: ⁠⁠https://bitcoinpark.com/telegram⁠⁠ Bitcoin Park on nostr: ⁠⁠https://bitcoinpark.com/nostr

Capital Record
Episode 129: The Market Is Not a Good Self-Promoter

Capital Record

Play Episode Listen Later Jul 27, 2023 53:07


Markets may be the greatest mechanism in history for advancing human prosperity and flourishing, but that doesn't mean its design is conducive for self-promotion! So says the brilliant chair of the Economics Department at George Mason University, Dr. Donald Boudreaux. The Café Hayek economic genius joins the Capital Record this week to talk about Misesian pessimism, market complexity, and new-right market skepticism. David's comment: Maybe his favorite Capital Record discussion ever!

Why Is This Happening? with Chris Hayes
Why Americans Are Dying So Young with Anne Case and Angus Deaton

Why Is This Happening? with Chris Hayes

Play Episode Listen Later Jun 20, 2023 57:28


Life expectancy in the U.S. has been on the decline, according to the Centers for Disease Control and Prevention. While the COVID-19 pandemic killed more than 1 million people in America, 2014-2015 was actually an inflection point for mortality rates. What went wrong and what's behind the downward trend? Our guests this week point out that drug overdoses, suicides and alcoholism have fueled an increase in what they term ‘deaths of despair.' Anne Case is the Alexander Stewart 1886 Professor of Economics and Public Affairs, Emeritus at the Princeton University School of Public and International Affairs. Angus Deaton is a Nobel Prize Winner and Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Princeton School of Public and International Affairs and the Economics Department. Together, they published their groundbreaking findings in 2015 and later co-authored “Deaths of Despair and the Future of Capitalism” in March of 2020. Case and Deaton join WITHpod to discuss what their findings reveal about capitalism and the U.S. healthcare system, education-related disparities in mortality, what might be done to reverse the surge in deaths and more.

The Good Fight
Jason Furman on the Future of the World Economy

The Good Fight

Play Episode Listen Later May 27, 2023 65:51


Jason Furman is a professor of economics in the Economics Department at Harvard and at the Harvard Kennedy School. He also served as the chair of the Council of Economic Advisers under President Barack Obama.  In this week's conversation, Yascha Mounk and Jason Furman discuss the causes of today's persistent inflation in the US and whether it is likely to continue; how concerned we should be about the recent failures of mid-sized regional banks; and why America's share of world GDP has remained resilient over the past decades even though it sometimes feels dysfunctional relative to other developed economies like Germany and Japan. 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 John Taylor Williams, 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

What Bitcoin Did
What Do Economists Get Wrong About Bitcoin with Josh Hendrickson - WBD606

What Bitcoin Did

Play Episode Listen Later Jan 16, 2023 94:28


Dr. Josh Hendrickson is an associate professor of economics and chair of the Economics Department at the University of Mississippi. In this interview, we discuss how Bitcoin has influenced his economic teaching, the importance of Bitcoin in the current unprecedented global debt bubble, and why people continue to dismiss Bitcoin. - - - - “Bitcoin and the entire process that led up to it was motivated by the desire to make the world a better place and internet commerce more private. It was a true technological innovation. The market will decide what that innovation is worth.” We're used to hearing such statements from ardent Bitcoiners. But this statement was made by Dr Josh Hendrickson, an economics professor who chairs a University Economics Department at one of the US's top public universities. Bitcoin is still dismissed by a significant number of well-placed people within society. We hear from many people who are passionate about Bitcoin but feel unable to discuss this within their work networks for fear of ridicule that could harm their career paths. This is why having esteemed individuals from traditional academic backgrounds advocating for Bitcoin is so critical. A professorship is a hard-won title. It takes years of graft. The history of academia is littered with stories of people being ostracised for taking left-field positions. Therefore, academics, particularly professors and department chairs, are not ones for throwing weight behind ideas that are not inherently sound or principled. So, as with the growing list of people BPI has been attracting, these academics provide the solid rationalisation of Bitcoin's thesis. This is not to state that there is a consensus within these groups regarding Bitcoin's path over the coming years and decades. We live in tumultuous times. The world's economic and political landscape is at the mercy of an almost limitless number of changing variables. But, there is a growing consensus that Bitcoin is a unique innovation, a new form of money with the potential to protect those who need it most. All other debates to justify Bitcoin should fall by the wayside.

What Bitcoin Did
What Do Economists Get Wrong About Bitcoin with Josh Hendrickson

What Bitcoin Did

Play Episode Listen Later Jan 16, 2023 94:27


“There's this weird thing with economists: we always talk about ‘monopoly is bad, competition is good,' but then when it comes to money, we're like: ‘oh, no, just the Federal Reserve can do the money.'”— Josh HendricksonDr. Josh Hendrickson is an associate professor of economics and chair of the Economics Department at the University of Mississippi. In this interview, we discuss how Bitcoin has influenced his economic teaching, the importance of Bitcoin in the current unprecedented global debt bubble, and why people continue to dismiss Bitcoin. - - - - “Bitcoin and the entire process that led up to it was motivated by the desire to make the world a better place and internet commerce more private. It was a true technological innovation. The market will decide what that innovation is worth.” We're used to hearing such statements from ardent Bitcoiners. But this statement was made by Dr Josh Hendrickson, an economics professor who chairs a University Economics Department at one of the US's top public universities.Bitcoin is still dismissed by a significant number of well-placed people within society. We hear from many people who are passionate about Bitcoin but feel unable to discuss this within their work networks for fear of ridicule that could harm their career paths. This is why having esteemed individuals from traditional academic backgrounds advocating for Bitcoin is so critical.A professorship is a hard-won title. It takes years of graft. The history of academia is littered with stories of people being ostracised for taking left-field positions. Therefore, academics, particularly professors and department chairs, are not ones for throwing weight behind ideas that are not inherently sound or principled. So, as with the growing list of people BPI has been attracting, these academics provide the solid rationalisation of Bitcoin's thesis.This is not to state that there is a consensus within these groups regarding Bitcoin's path over the coming years and decades. We live in tumultuous times. The world's economic and political landscape is at the mercy of an almost limitless number of changing variables. But, there is a growing consensus that Bitcoin is a unique innovation, a new form of money with the potential to protect those who need it most. All other debates to justify Bitcoin should fall by the wayside.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereFidelity - Careers in cryptoLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by default-----WBD606 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.