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Evidence from Nazi Germany and 1940's America (and pretty much everywhere else) shows that discrimination is incredibly costly — to the victims, of course, but also the perpetrators. One modern solution is to invoke a diversity mandate. But new research shows that's not necessarily the answer. RESOURCES:"Discrimination, Managers, and Firm Performance: Evidence from 'Aryanizations' in Nazi Germany," by Kilian Huber, Volker Lindenthal, and Fabian Waldinger (Journal of Political Economy, 2021)."Diversity and Performance in Entrepreneurial Teams," by Sophie Calder-Wang, Paul A. Gompers, and Kevin Huang (SSRN, 2021)."Systemic Discrimination Among Large U.S. Employers," by Patrick M. Kline, Evan K. Rose, and Christopher R. Walters (NBER Working Papers, 2021).City of Champions: A History of Triumph and Defeat in Detroit, by Silke-Maria Weineck and Stefan Szymanski (2020)."The Allocation of Talent and U.S. Economic Growth," by Chang-Tai Hsieh, Erik Hurst, Charles I. Jones, and Peter J. Klenow (Econometrica, 2019).Genius & Anxiety: How Jews Changed the World, 1847-1947, by Norman Lebrecht (2019)."And the Children Shall Lead: Gender Diversity and Performance in Venture Capital," by Paul A. Gompers and Sophie Q. Wang (NBER Working Papers, 2017)."The Political Economy of Hatred," by Edward Glaeser (The Quarterly Journal of Economics, 2005)."Statistical Theories of Discrimination in Labor Markets," by Dennis J. Aigner and Glen G. Cain (Industrial and Labor Relations Review, 1977).The Economics of Discrimination, by Gary S. Becker (1957).EXTRAS:"A New Nobel Laureate Explains the Gender Pay Gap (Replay)," by Freakonomics Radio (2023)."Edward Glaeser Explains Why Some Cities Thrive While Others Fade Away," by People I (Mostly) Admire (2021)."What Are the Secrets of the German Economy — and Should We Steal Them?" by Freakonomics Radio (2017).
Co decyduje o tym, jak się nam żyje? Czym jest dobrobyt i jak go mierzymy? Czy jakość powietrza i ochrony zdrowia mają znaczenie? Co dobrobyt ma wspólnego z produktywnością? Dlaczego Niemcy są bardziej produktywne od Polski? Czy rządy prawa robią różnicę? Czy podwyżka płacy minimalnej może coś zmienić? Dlaczego bankructw firm powinno być jak najwięcej? Oraz jakie jest najbardziej produktywne miejsce na świecie? O to wszystko pytamy ekonomistę Marka Ignaszaka. Zapraszają: Piotr Żoch & Jakub Bodziony (Kultura Liberalna).
Jak ocenić, czy politycy chcą nam zrobić dobrze czy źle? Skąd oni mają wiedzieć, czego pragną wyborcy? Czy preferencje Polaków bardzo różnią się od innych narodów? Jak przekładają się na gospodarkę? Czy najlepsza reforma wprowadzona np. w Szwecji może przynieść zupełnie odwrotne efekty w Polsce? Jak sprawdzić, co u nas zadziała lepiej, a co gorzej? O to wszystko pytamy ekonomistę Marcina Deca. Zapraszają: Joanna Tyrowicz & Marcin Bojanowski.
This program looks at education and how the brain of adolescents primes them for learning. Caroline Hoxby, professor of economics at Stanford University and one of the world's leading scholars in the field of education economics, says investing in education in early adolescents can have profound impacts on the continuation of learning through teenage years and beyond. She says that more education leads to social cohesion, advancing economic opportunity, reducing inequality and decreasing geographic and political polarization. This discussion includes commentary by Jan-Werner Müller, Erik Hurst, and Silvia Bunge. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Education] [Show ID: 37733]
This program looks at education and how the brain of adolescents primes them for learning. Caroline Hoxby, professor of economics at Stanford University and one of the world's leading scholars in the field of education economics, says investing in education in early adolescents can have profound impacts on the continuation of learning through teenage years and beyond. She says that more education leads to social cohesion, advancing economic opportunity, reducing inequality and decreasing geographic and political polarization. This discussion includes commentary by Jan-Werner Müller, Erik Hurst, and Silvia Bunge. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Education] [Show ID: 37733]
This program looks at education and how the brain of adolescents primes them for learning. Caroline Hoxby, professor of economics at Stanford University and one of the world's leading scholars in the field of education economics, says investing in education in early adolescents can have profound impacts on the continuation of learning through teenage years and beyond. She says that more education leads to social cohesion, advancing economic opportunity, reducing inequality and decreasing geographic and political polarization. This discussion includes commentary by Jan-Werner Müller, Erik Hurst, and Silvia Bunge. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Education] [Show ID: 37733]
This program looks at education and how the brain of adolescents primes them for learning. Caroline Hoxby, professor of economics at Stanford University and one of the world's leading scholars in the field of education economics, says investing in education in early adolescents can have profound impacts on the continuation of learning through teenage years and beyond. She says that more education leads to social cohesion, advancing economic opportunity, reducing inequality and decreasing geographic and political polarization. This discussion includes commentary by Jan-Werner Müller, Erik Hurst, and Silvia Bunge. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Education] [Show ID: 37733]
This program looks at education and how the brain of adolescents primes them for learning. Caroline Hoxby, professor of economics at Stanford University and one of the world's leading scholars in the field of education economics, says investing in education in early adolescents can have profound impacts on the continuation of learning through teenage years and beyond. She says that more education leads to social cohesion, advancing economic opportunity, reducing inequality and decreasing geographic and political polarization. This discussion includes commentary by Jan-Werner Müller, Erik Hurst, and Silvia Bunge. Series: "UC Berkeley Graduate Lectures" [Public Affairs] [Education] [Show ID: 37733]
Preventing people from entering careers where they could maximize their potential places massive costs on society, and economists can measure the real impact. Chang-Tai Hsieh and Erik Hurst have discovered that declining barriers to careers for women and Black men over the last 50 years accounts for 25-40% of all productivity growth in the US. They join to discuss the implications of their critical findings.
Jim Tankersley is a tax and economics reporter for the New York Times and has written a new book on the middle class titled, *The Riches of This Land: The Untold, True Story of the American Middle Class.* Jim joins Macro Musings to talk about this book, and the state of the middle class in the US. David and Jim also discuss the history and golden era of the middle class as well as the steps policymakers can take to ensure we return to a path of robust economic growth. Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings Jim’s Twitter: @jimtankersley Jim’s New York Times archive: https://www.nytimes.com/by/jim-tankersley Related Links: *The Riches of This Land: The Untold, True Story of the American Middle Class* by Jim Tankersley https://www.publicaffairsbooks.com/titles/jim-tankersley/the-riches-of-this-land/9781541767836/ *The Allocation of Talent and U.S. Economic Growth* by Chang-Tai Hsieh, Erik Hurst, Charles Jones, and Peter Klenow https://www.nber.org/papers/w18693 *Populism in Place: The Economic Geography of the Globalization Backlash* by J. Lawrence Broz, Jeffry Freiden, and Stephen Weymouth https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3501263 *Testing the ‘China Shock’: Was Normalizing Trade with China a Mistake?* by Scott Lincicome https://www.cato.org/publications/policy-analysis/testing-china-shock-was-normalizing-trade-china-mistake *The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade* by David Autor, David Dorn, and Gordon Hanson https://economics.mit.edu/files/12751 *The Complacent Class: The Self-Defeating Quest for the American Dream* by Tyler Cowen https://us.macmillan.com/books/9781250108708 David’s Twitter: @DavidBeckworth David’s blog: http://macromarketmusings.blogspot.com/
The Stigler Center hosts a conversation with New York Times editorial board member Binyamin Appelbaum and Booth professor Erik Hurst on Appelbaum’s new book, The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society, and the role of economists in the world. The conversation will be moderated by author and Vanity Fair journalist Bethany McLean. This program was recorded by Chicago Access Network Television (CAN TV).
The current recession is not only unprecedented in its nature and scope, but also in its effects on industries, workers, and households. Veronica Guerrieri and Erik Hurst describe the unequal effects of this historic downturn, including how the cascading economic effects of the health crisis more severely impact low-wage workers. See omnystudio.com/listener for privacy information.
"Inequality has been rising in the United States for decades upon decades," economist Erik Hurst says. We're seeing these disparities in this recession as well. Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Find us on Twitter @1A.
Since March, 22% of American workers lost their jobs. How can we begin to think about such an unprecedented deterioration in the labor market? Erik Hurst has studied who exactly has stopped collecting a paycheck and gives context to the staggering numbers. Then, Joseph Vavra shares his research on one of the most critical hurdles for parents to get back to work – childcare. See omnystudio.com/listener for privacy information.
Erik Hurst of the University of Chicago talks with EconTalk host Russ Roberts about the state of the labor market in the United States. Hurst notes dramatic changes in employment rates for men and speculates about the causes. Two factors discussed in detail are declines in the manufacturing sector and the rise of high-end video games as a form of leisure.
In this episode, Murphy talks with Erik Hurst, V. Duane Rath Professor of Economics and the John E. Jeuck Faculty Fellow at Chicago Booth, to explore Hurst's perspective on the possible common ground between macro- and micro- economic perspectives and to evaluate labor market trends from the early 2000s leading up to today on the employee side of the manufacturing and housing industries.
If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. Erik Hurst, the V. Duane Rath Professor of Economics at the University of Chicago Booth School of Business, presents work examining how a booming construction sector offset an accelerating decline in manufacturing sector employment, with clear shifts in labor outcomes and educational attainment.
University of Chicago Booth School of Business Podcast Series
This broadcast features the 2009 Business Forecast with Chicago Booth faculty members Marvin Zonis and Erik Hurst along with Michael Mussa, senior fellow at The Peterson Institute for International Economics. Held in 8 cities around the world, speakers at this annual event offer their insights on factors affecting the global economy and their outlook for the coming year.
University of Chicago Booth School of Business Podcast Series
This broadcast features the 2009 Business Forecast with Chicago Booth faculty members Marvin Zonis and Erik Hurst along with Michael Mussa, senior fellow at The Peterson Institute for International Economics. Held in 8 cities around the world, speakers at this annual event offer their insights on factors affecting the global economy and their outlook for the coming year.