Podcasts about nobel memorial prize

A Note from James:If I could tell my children to read one post of mine, it would be this post.Influence is how they will navigate a world of uncertainty.Robert Cialdini is the most influential person in the world. And by that I mean, he wrote the book Influence, which sold 3 million copies and defines the six critical aspects of all influence.Now he has a new book, Pre-Suasion, going 10x deeper into the concepts of persuasion. I got him on my podcast so I could ask the 1,000 questions I have.Small story from the book:If you name a restaurant “Studio 97” instead of “Studio 17,” people are more likely to tip higher.If you ask a girl for her phone number outside a flower store, triggering feelings of romance, she is more likely to give it to you than if you ask her outside a motorcycle store.And 500 other stories.The environment is just as important as what you say.Before the podcast began, I gave him a book as a gift: The Anxiety of Influence, a history of poetry.What would poetry have to do with influence and marketing?In all art, since the beginning of time, artists have built on the work of the artists of the generation before them.Beethoven depended on a Mozart to be a Beethoven. Picasso depended on a Cézanne. Without Michelson, there would be no Einstein.But poets, for some reason, would deny being influenced.“I never even read Ezra Pound,” shouted one poet at a critic.Poets want to be seen as original.Nobody is 100% original.This is the anxiety of influence.Almost all of our decisions, and even our creativity, are outsourced to the people around us who influence us: peers, teachers, religion, parents, bosses, etc.Our personality is our own particular mishmash of influences.How we deal with that anxiety, how we recognize the influences, learn from them, and build from them, is the birth of all of our creativity.Let me summarize the seven aspects of influence:Reciprocity: If you give someone a Christmas card, they will want to return the favor.Likability: Make yourself trustworthy. For instance, outline the negatives of dealing with you.Consistency: Ask someone for a favor. Now they will say to themselves, “I am the type of person who does James a favor.”Social Proof: If you are trying to get someone to do X, show them that “a lot of your peers do X.” For instance, if you are at a bar and you are a guy trying to meet women, bring your women friends and not your guy friends with you.Authority: “Four out of five dentists say…”Scarcity: “Only 100 iPhones left at this store!”Unity: You and I are the same because of location, values, religion, etc.I've used each of the above in business.They work.They will make you money.The entire purpose of language is to influence.We are not strong animals. We are weak.The language of influence saved us.Probably a word like “Run!” was the first word spoken.A word of influence.And it worked.I'm still running from the things I fear.So speak to influence.Don't speak to call a flower yellow.Speak to breathe spirit into an idea, to be enthusiastic, to convey emotion, to influence.This is the only way to have an impact with your unique creativity.I gave Robert the book as a gift — reciprocity — assuming we would have a great podcast.And we did.But then I thought later, I can't even remember how Robert got on my podcast.I highly recommend his book in the podcast and even in this post.As he got into his car after the podcast in order to go to his next interview, I started thinking:“Hmmm, who influenced who?”Episode Description:Robert Cialdini wrote the book on persuasion — literally. His classic Influence became one of the defining books on why people say yes, how decisions get shaped, and why the smallest cue in the room can change the outcome of a conversation.In this episode from the archive, James talks with Cialdini about Pre-Suasion, the idea that persuasion starts before the actual pitch. It begins with what people notice, what they feel, what is in the environment, and what frame has already been set before the first real ask is made.They talk about flower shops, restaurant names, voting booths, Warren Buffett's shareholder letters, Anwar Sadat's negotiation instincts, and the rabbi who helped save thousands of lives with one sentence. But the episode is not just about marketing. It is about how people make decisions under uncertainty — and how to use influence ethically, whether you are asking for a job, building a business, negotiating a deal, writing a sales letter, or trying to become more trusted.What You'll Learn:Why persuasion often begins before the message — and how small cues in the environment can make people more receptive.How Cialdini's original six principles of influence work: reciprocity, consistency, social proof, scarcity, authority, and liking.Why Cialdini added a seventh principle, unity — the feeling that “we are the same” — and why it can be even stronger than liking.When to use social proof versus authority, and how to decide which kind of evidence matters most in a given situation.Why admitting weakness first can build trust, and how Warren Buffett uses honesty as a persuasion tool instead of a liability.Timestamped Chapters:[00:00] Introduction and episode preview[01:25] Interview begins — James introduces Robert Cialdini and Pre-Suasion[03:12] The flower shop study: why context changes the answer before the question is asked[05:48] Valentine Street and the hidden power of unrelated cues[06:42] Wine stores, voting booths, and fluffy cloud mattresses[08:10] Are humans irrational, or are shortcuts necessary?[10:17] How the pictures on your wall can change what you write[11:36] The six — now seven — principles of influence[12:00] Reciprocity: the Hare Krishna flower example and the power of personalized gifts[16:40] Consistency: Anwar Sadat, Henry Kissinger, and giving people a reputation to live up to[19:30] Cialdini's undercover research with sales organizations[23:30] Social proof: medical no-shows, restaurant menus, and what happens when a message backfires[26:43] Social proof as feasibility: “people like me can do this”[29:07] Authority: when expert endorsement beats crowd validation[33:55] Why companies lose with better products when they fail to frame the decision properly[35:10] Building authority from zero by using honesty and scarcity[37:05] The Avis “We're number two” campaign and the trust value of admitting weakness[38:24] Warren Buffett's shareholder letters and the persuasive power of leading with mistakes[41:30] Unity: Cialdini's seventh principle of influence[44:24] The rabbi, the Japanese tribunal, and the sentence that saved a community[48:30] Applying unity in job interviews, dating, and negotiations[51:10] Loss aversion and how uncertainty changes persuasion[55:00] Why long sales letters can outperform short ones[55:30] Cialdini's practical framework: find what is true, direct attention to it, then make the case[59:00] Fake scarcity and why false urgency destroys trust[65:00] Closing thoughts on ethical influence and genuine specificityAdditional Resources:Robert Cialdini — Influence: The Psychology of Persuasion — Cialdini's classic book on the core principles of persuasion and compliance. Robert Cialdini — Pre-Suasion: A Revolutionary Way to Influence and Persuade — the follow-up book discussed throughout the episode, focused on what happens before the persuasive message itself. Berkshire Hathaway Shareholder Letters — referenced in the episode as a real-world example of trust-building through candor and weakness-first communication. Daniel Kahneman and Prospect Theory — Cialdini references the role of loss aversion and uncertainty in persuasion; Kahneman received the 2002 Nobel Memorial Prize in Economic Sciences for integrating psychological research into economic decision-making. Chiune Sugihara — the Japanese diplomat connected to the story Cialdini uses to explain unity and shared identity. The Avis “We're Number Two” Campaign — discussed as an example of turning a weakness into credibility by being honest before making the positive case.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Elon Musk is on the verge of becoming a trillionaire. Right now Musk's wealth is currently around $825 billion US — more than double what it was a year earlier. Only 22 countries currently boast economies larger than Musk's net worth, but he's catching up. In the third episode of our series The Billionaire Age we investigate how Musk and his fellow billionaires are trying to take over the world. And if they succeed, what will this mean for the rest of us?Listen to more episodes in this series:Listen to Part One: How did we get here?Listen to Part Two: Disney heiress on the dangers of extreme wealthGuests in this episode:Ingrid Robeyns is a philosopher and economist. She is the chair in Ethics of Intuitions at Utrecht University, and the author of Limitarianism: The Case Against Extreme Wealth.Lucas Chancel is an economist and the co-director of The World Inequality Lab. He's also a professor at the Paris School of Economics.Gabriel Zucman is an economist and the co-director of The World Inequality Lab. He's also a professor at the Paris School of Economics and the University of California, Berkeley.Nitin Bharti is an economist and lecturer at the University of Western Australia. He is also the South and South-East Asia coordinator at the World Inequality Lab.Lars Osberg is an economics professor at Dalhousie University, in Halifax, Nova Scotia. His latest book is The Scandalous Rise of Inequality in Canada.Abigail Disney is an American film producer, philanthropist and social activist. She is a member of Patriotic Millionaires which advocates for higher taxes on the wealthy.Paul Krugman is an economist and the winner of the 2008 Nobel Memorial Prize in Economic Sciences.Tim Wu is a legal scholar and professor at Columbia Law School. He is also a contributing opinion writer at the New York Times. His latest book is The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity.Nick Hanauer is an entrepreneur and venture capitalist. He co-authored the book, Corporate Bullsh*t: Exposing The Lies and Half-Truths that Protect Profit, Power and Wealth in America, with Joan Walsh and Donald Cohen. He also hosts the podcast Pitchfork Economics.Guido Alfani is a professor of economic history at Bocconi University in Milan, Italy. His latest book is As Gods Among Men: A History of the Rich in the West.

A kidney transplant does not work like buying a gallon of milk. Neither does hiring or getting into a medical residency. In these markets, both sides care deeply about who they end up with, and a good outcome depends on more than money. Alvin Roth has spent his career studying what makes those systems succeed or fail. His work designing kidney exchange programs showed that even when people desperately want to help each other, the market can still break down unless the rules create the right kind of match. In this episode, Dart and Al discuss matching markets, moral economics, and the hidden rules that shape opportunity, fairness, and work itself.Alvin Roth is an economist and professor at Stanford University best known for his work on market design and matching theory. He received the 2012 Nobel Prize in Economic Sciences for his work on stable matching and the design of markets used in medical residencies, school choice, and kidney exchange.In this episode, Dart and Al discuss:- Why some markets depend on matching- Why fit matters more than money- What makes a market stable- Why real markets are messy- The difference between theory and engineering- What “repugnant transactions” are- Why societies ban some exchanges- How social norms shape markets- Why work is also a matching problem- And other topics…Alvin Roth is the Craig and Susan McCaw Professor of Economics at Stanford University and recipient of the 2012 Nobel Memorial Prize in Economic Sciences, awarded with Lloyd Shapley for the theory of stable allocations and the practice of market design. His work has helped design matching systems for medical residencies, public school admissions, and kidney exchange programs. He is the author of Who Gets What — and Why and Moral Economics: Why Good and Bad Markets Exist.Resources Mentioned:Al's Book, Moral Economics: Why Good and Bad Markets Exist: https://www.amazon.com/Moral-Economics-Good-Markets-Exist/dp/1324076445Al's Book, Who Gets What — and Why: https://www.amazon.com/Who-Gets-What-Why-Matchmaking/dp/0544705299Connect with Al:Stanford profile: https://profiles.stanford.edu/alvin-rothMarket Design Blog: https://marketdesigner.blogspot.com/Work with Dart:Dart is the CEO and co-founder of the work design firm 11fold. Build work that makes employees feel alive, connected to their work, and focused on what's most important to the business. Book a call at 11fold.com.

It's almost two months since the United States and Israel went to war with Iran. And in spite of a ceasefire the vital Strait of Hormuz through which 20 per cent of the world's oil and liquefied natural gas passes on tankers, is still effectively closed. The oil price remains high, affecting economies around the world. The most recent assessment from the International Monetary Fund warned that the war could throw the world economy “off course” and a prolongued conflict risked causing a global recession. David Aaronovitch asks what this means for us now and whether an end to the conflict could re-set the world's economies or have conditions changed for good?Guests: Joseph Stiglitz, American economist and recipient of the Nobel Memorial Prize in Economic Sciences and Professor at Columbia University Duncan Weldon, author and economist Diana Choyleva, economist and founder of Enodo Economics. Presenter: David Aaronovitch Producers: Caroline Bayley, Sally Abrahams, Kirsteen Knight Production Co-ordinator: Maria Ogundele Sound engineer: Neil Churchill Editor: Richard Vadon

There are 19 centibillionaires and a growing list of 3,000 billionaires worldwide. So it might not surprise you that the richest one per cent possesses nearly half of the world's wealth. History has never seen such an extreme concentration of wealth. Some economists argue the battle of the 21st century is between oligarchy and democracy. How did we get here? IDEAS begins a four-part documentary series The Billionaire Age.Guests in this episode:Ingrid Robeyns is a philosopher and economist. She is the chair in Ethics of Instutions at Utrecht University and the author of Limitarianism: The Case Against Extreme Wealth.Lucas Chancel is the co-director of The World Inequality Lab and a professor at the Paris School of Economics.Gabriel Zucman is also the co-director of The World Inequality Lab. He is a professor at the Paris School of Economics and the University of California, Berkeley.Nitin Bharti is an economist and lecturer at The University of Western Australia. He is the South and South Asia coordinator at the World Inequality Lab.Lars Osberg is an economics professor at Dalhousie University, in Halifax, Nova Scotia. His latest book is The Scandalous Rise of Inequality in Canada.Abigail Disney is an American film producer, philanthropist and social activist. She is a member of Patriotic Millionaires which advocates for higher taxes on the wealthy.Paul Krugman is an American economist and the winner of the 2008 Nobel Memorial Prize in Economic Sciences.Tim Wu is a Canadian/American legal scholar and a professor at Columbia Law School. He is also a contributing opinion writer at the New York Times. His latest book is The Age of Extraction: How Tech Platforms Conquered the Economy and Threaten Our Future Prosperity.Nick Hanauer is an American entrepreneur and venture capitalist. He co-authored his latest book with Joan Walsh and Donald Cohen, Corporate Bullsh*t: Exposing The Lies and Half-Truths that Protect Profit, Power and Wealth in America. And he hosts the podcast: Pitchfork Economics.Guido Alfani is a professor of economic history at Bocconi University, Milan, Italy. His latest book is As Gods Among Men: A History of the Rich in the West.

Daniel Kahneman was an Israeli-American psychologist, awarded the 2002 Nobel Memorial Prize in Economic Sciences, and his work revolutionised our understanding of human decision-making. This is Kahneman's last public interview before his death on March 27, 2024.Keep up to date with Peter on SubstackKeep up to date with Kasia!Executive Producer: Rachel Barrettspecial thanks to Suzi Jamil! Hosted on Acast. See acast.com/privacy for more information.

To close out 2025, I'd like to revisit a critical aspect that's being ignored – the economy itself. Ken Webster is a leading thinker in the circular economy field, and one of his many roles is with Earth4All, where he has been exploring the benefits of a Universal Basic Dividend. Ken and Catherine discussed this, and more aspects of circularity at an economic level back in 2023, and it's highly relevant today, as the challenges we face loom larger. Catherine says: Ken Webster is one of my circular economy heroes, and is widely acknowledged as one of the foremost thinkers in the field. From 2010 – 2018, Ken was Head of Innovation for the Ellen MacArthur Foundation, shaping current concepts of a ‘circular economy'.. Ken also co-wrote the book that first opened my eyes to the circular economy back in 2011 – Sense and Sustainability, co-written with Craig Johnson. One of Ken's best-known books, The Circular Economy: A Wealth of Flows, relates the connections between systems thinking, economic and business opportunity and the transition to a circular economy. I'm very keen to read one of Ken's most recent books, co-written with Alex Duff. Ken and Alex use a storytelling approach based on the The Wonderful Wizard of Oz to offer a new and compelling narrative about the future direction of our economy, calling for macro-economic system redesign. It's called The Wonderful Circles of Oz: A Circular Economy Story – you'll find links in the shownotes. Ken's written several more thought-provoking works on the circular economy, including ABC+D: Creating a Regenerative Circular Economy for All – also co-written with Craig Johnson, and we mention some of these as we go along. This was a wide-ranging conversation about system-scale issues and concepts. I tried my best to keep up with Ken's thinking as we explored some of the big ideas he has been working on, including: A Universal Basic Dividend – not to be confused with UBI, or Universal Basic Income. We discuss why a Universal Basic Dividend would be a good thing, how it would be funded and where the money would flow to. We move onto The Commons – what that really means, and how it could be better accommodated in our modern economies, in a meaningful and sustainable way. Ken talks about the rentier economy, and rentiers. If you're not familiar with that term, it's someone who earns income from capital without working – for example by owning property or land that is rented out to tenants; by owning shares or bonds that pay dividends or interest, and so on. We discuss why the economy isn't working for the vast majority of people around the world, and what's getting in the way of an ‘economy for all'. We talk about some of the signals for change, with people are starting to see the potential of a future with community, connection and caring – caring for each other, and for our Mother Earth. The potential of a future that's not all about ‘Work, Buy, Consume, Die'. I've split our conversation into two parts – the 2nd part is available here: 119 Bonus Ken Webster: the circular ECONOMY! Part 2 International speaker, author and strategic advisor, Catherine Weetman helps people discover why circular, regenerative and fair solutions are better for people, planet – and prosperity. Catherine’s award-winning book: A Circular Economy Handbook: How to Build a More Resilient, Competitive and Sustainable Business includes lots of practical examples and tips on getting started.  Apple Podcasts Spotify Stay in touch for free insights and updates…  Read on for more on our guest and links to the people, organisations and other resources we mention. Links for our guest: LinkedIn linkedin.com/in/ken-webster-28825110 Email: ken@circulareconomy.co.uk Books, people and organisations we mentioned Some of Ken’s books: The Wonderful Circles of Oz: A Circular Economy Story, by Ken Webster and Alex Duff – a new and compelling narrative about the future direction of our economy, calling for macro-economic system design. https://www.routledge.com/The-Wonderful-Circles-of-Oz-A-Circular-Economy-Story/Webster-Duff/p/book/9781032109107 and https://bookshop.org/p/books/the-wonderful-circles-of-oz-a-circular-economy-story-ken-webster/18110152?ean=9781032109107 The Circular Economy: A Wealth of Flows by Ken Webster (2nd edition) https://bookshop.org/p/books/the-circular-economy-a-wealth-of-flows-2nd-edition-revised-preface-and-conclusion-plus-additional-chapter-ken-webster/6577289?ean=9780992778460 ABC&D by Craig Johnson and Ken Webster https://bookshop.org/p/books/abc-d-creating-a-regenerative-circular-economy-for-all-craig-johnson/17863262 People and organisations Earth4all – a vibrant collective of leading economic thinkers, scientists, and advocates, convened by The Club of Rome, the BI Norwegian Business School, the Potsdam Institute for Climate Impact Research and the Stockholm Resilience Centre. Building on the legacies of The Limits to Growth and the Planetary Boundaries frameworks, science is at the heart of our work. Leading scientists have developed state of the art systems dynamic models and run different scenarios for possible plausible futures. https://earth4all.life/ Michel Bauwens and the Peer to Peer Foundation – http://p2pfoundation.net David Bollier – news and perspectives on the commons – https://www.bollier.org/ Christian Felber’s book Change Everything: Creating an Economy for the Common Good https://christian-felber.at/en/books/ Guy Standing – https://www.guystanding.com/ and a short YouTube video on rentier capitalism – The Wealth Paradox https://www.youtube.com/watch?v=dJ5gAiY5-ZY Massimo de Angelis, author of The Beginning of History: Value Struggles and Global Capital, and editor of The Commoner web journal, at http://commoner.org.uk. Elinor Ostrom – awarded the Nobel Memorial Prize in Economic Sciences in 2009 for her “analysis of economic governance, especially the commons”, which she shared with Oliver E. Williamson. https://en.wikipedia.org/wiki/Elinor_Ostrom 119 Bonus Ken Webster: the circular ECONOMY! Part 2  in Part 2 we explore concepts for a critical element – the economy itself! Guest bio Ken Webster is a Visiting Professor at Cranfield University and a Fellow of CISL (Cambridge University Institute for Sustainability Leadership). From 2010 – end 2018 he was Head of Innovation for the Ellen MacArthur Foundation, a circular economy pioneer organization, where he helped shape current notions of a ‘circular economy'. More recently he has worked at Univ of Exeter Business School (2019-2021). Ken was awarded a DSc from Univ. of Brighton in 2023. His book The Circular Economy: A Wealth of Flows (2nd Edition 2017) relates the connections between systems thinking, economic and business opportunity and the transition to a circular economy. He makes regular contributions to conferences and seminars around the world. His current interests include; open vs closed circular economy approaches, construction and the built environment, extended producer ownership and materials data management. Ken is on the supervisory board of the Madaster Foundation in Amsterdam – a materials passport organisation. He contributed to the new Handbook of the Circular Economy (Eds. Alexander, Pascucci and Charnley (2023) and was a contributor and editor on Earth for All from the Club of Rome. He is a lead author on circular economy for UNEP’s GEO-7 report (in development). A recent book with an emphasis on exploring different scales, especially in food and agriculture is ABC&D Creating a Regenerative Circular Economy for All (with Craig Johnson) (2022) Please let us know what you think of the podcast – and we'd love it if you could leave us a review on iTunes, or wherever you find your podcasts.  Or send us an email… Click here to search for previous episodes

Richard Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. He is the co-author, with Cass Sunstein, of Nudge: Improving Decisions about Health, Wealth, and Happiness, and is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences. In this week's conversation, Yascha Mounk and Richard Thaler explore to what extent humans behave rationally, how nudge theory works, and whether we should outsource questions about life to ChatGPT. If you have not yet signed up for our podcast, please do so now by following this link on your phone. Email: leonora.barclay@persuasion.community Podcast production by Mickey Freeland and Leonora Barclay. Connect with us! Spotify | Apple | Google X: @Yascha_Mounk & @JoinPersuasion YouTube: Yascha Mounk, Persuasion LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices

From math, Sanskrit, and epistemology, to freedom, justice, and democracy—Gita Wirjawan in conversation with Nobel Laureate Amartya Sen.English subtitles available.#Endgame #GitaWirjawan #AmartyaSen-----------------Nobelist Amartya Sen reads "What It Takes: Southeast Asia". You should too!BUY NOW:https://sgpp.me/what-it-takes-ytor get it at Periplus: https://sgpp.me/what-it-takes-periplus-----------------About the Guest:Professor Amartya Sen is a Thomas W. Lamont University Professor and Professor of Economics and Philosophy at Harvard University. He won the Nobel Memorial Prize in Economic Sciences in 1998, “for his contributions to welfare economics.”About the Host:Gita Wirjawan is an Indonesian entrepreneur and educator. He is the founding partner of Ikhlas Capital and the chairman of Ancora Group. Currently, he is teaching at Stanford as a visiting scholar with Stanford's Precourt Institute for Energy.-----------------Other Endgame episodes that you might like:https://youtu.be/_A6x_21ojD0?si=a7YIa...https://youtu.be/VHJwO13EqWE?si=ZURD6...https://youtu.be/Pg4w-rwTCXE?si=JyEc2...------------------

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not only to the National Academy of Sciences and the American Academy of Arts and Letters but the Royal Society and the British Academy; a public servant, who served as Chair of President Clinton's Council of Economic Advisors and Chief Economist and Senior Vice President of the World Bank, headed international commissions for the UN and France, and was awarded the French Legion of Honor and Australia's Sydney Peace Prize; a public intellectual whose numerous books on vital topics have been best sellers.What brought him to economics were his concerns about the inequality and discrimination he saw growing up. Wanting to understand what drives it and what can be done about it has been his lifelong passion. This book gathers together and extends to new frontiers this lifelong work, drawing upon the challenges and insights of each of these phases of his career.In a still very widely cited paper written fifty years ago, Stiglitz set forth the fundamental framework for analyzing intergenerational transfer of wealth and advantage, which plays a central role in persistent inequality. That and subsequent work, developed most fully here for the first time, described today's inequality as a result of centrifugal forces increasing inequality and centripetal forces reducing it. In recent decades, the centrifugal forces have strengthened, the centripetal forces weakened. His general theory provides a framework for understanding the marked growth in inequality in recent decades, and for devising policies to reduce it.A central message is that ever-increasing inequality is not inevitable. Inequality is, in a fundamental sense, a choice. Stiglitz explains that inequality does not largely arise from differences in savings rates between capitalists and others, though that may play a role (as Piketty, Marx, and Kaldor suggest); but rather, it originates importantly from the rules of the game, which have weakened the bargaining power of workers as they have increased the market power of corporations. He also explains how monetary authorities have contributed to increasing wealth inequality, and how, unless something is done about it, likely changes in technology such as AI and robotization will make matters worse. He describes policies that can simultaneously reduce inequality and improve economic performance. Joseph E. Stiglitz is an American economist and a professor at Columbia University.  Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter.

Paul Krugman is proud of his accomplishments including being chosen as the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory. When it comes to trade, Krugman is no fan of President Trump's tariffs. And President Trump is no fan of Paul Krugman. Trump has called Krugman a "deranged bum," a description Krugman considers a great honor. After 25 years as a columnist for the New York Times, Krugman decided to leave the paper and go out on his own. He now writes a newsletter on Substack where he has about 400,000 subscribers. We talk about why he thinks the U.S. economy is in worse shape than it looks and why he continues to have faith in the American people. "Now What?" is produced with help from Steve Zimmer, Lucy Little and Jackie Schwartz. Audio production is by Nick Ciavatta.

Kelly welcomes Richard Thaler, the 2017 recipient of the Nobel Memorial Prize in Economic Sciences, to the podcast along with his co-author, Professor Alex Imas, to talk about their updated version of Thaler’s seminal book “The Winner’s Curse.” “Rationality is an assumption in economics, not a demonstrated fact.”  “People are not thinking enough about what […]

Joel Mokyr, Philippe Aghion and Peter Howitt have been awarded this year's Nobel Memorial Prize in Economic Sciences.The three are sharing 11 million Swedish kronor, over a million dollars, after being recognised for their work in the area of “innovation-driven economic growth”. But why does this area matter and what did the three economists actually do? We turn the tables on our presenter Tim Harford, to explain all.If you've seen a number in the news you think we should take a look at, let us know: moreorless@bbc.co.ukPresenter: Lizzy McNeill Reporter: Tim Harford Series producer: Tom Colls Sound mix: Donald MacDonald Editor: Richard VadonImage credit: Johan Jarnestad / The Royal Swedish Academy of Sciences

For most of human history, economic growth was, well, pretty bleak. But around the Enlightenment, things started clicking. This year's Nobel Memorial Prize in Economic Sciences went to a trio of researchers whose work focuses on how technological progress led to this sustained economic growth. Today we hear from one of them, Joel Mokyr, about his work on European economic history. Related episodes: Why are some nations richer? (2024 Economics Nobel) A conversation with Nobel laureate Claudia Goldin (2023 Economics Nobel) When Luddites attack (Update) (Featuring Joel Mokyr) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Richard H. Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. He is the New York Times bestselling co-author of Nudge: Improving Decisions About Health, Wealth, and Happiness and the author of Misbehaving: The Making of Behavioral Economics. His new book is The Winner's Curse: Behavioral Economics Anomalies, Then and Now. My co-host for this conversation is Nick Kokonas. Nick is an entrepreneur, investor, and author best known as the co-founder of The Alinea Group (sold in 2024) and the reservation platform Tock, which is now owned by American Express.This episode is brought to you by:Seed's DS-01® Daily Synbiotic broad spectrum 24-strain probiotic + prebiotic: https://Seed.com/Tim (Use code 25TIM for 25% off your first month's supply)ExpressVPN high-speed, secure, and anonymous VPN service: https://www.expressvpn.com/tim (get 4 months free on their annual plans)AG1 all-in-one nutritional supplement: https://DrinkAG1.com/Tim (1-year supply of Vitamin D plus 5 free AG1 travel packs with your first subscription purchase.)*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

My guests today are Richard Thaler and Alex Imas. Richard Thaler is a theorist in behavioral economics and a professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Alex Imas is a professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business. He studies behavioral economics with a focus on cognition and mental representation in dynamic decision-making. The topic is their book The Winner's Curse: Behavioral Economics Anomalies, Then and Now. In this episode of Trend Following Radio we discuss: Behavioral economics anomalies and their persistence Trend following, momentum, and mean reversion Nick Leeson and the Barings Bank collapse Development and evolution of their book Applications of behavioral economics in real-world decisions Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!  

My guests today are Richard Thaler and Alex Imas. Richard Thaler is a theorist in behavioral economics and a professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Alex Imas is a professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business. He studies behavioral economics with a focus on cognition and mental representation in dynamic decision-making. The topic is their book The Winner's Curse: Behavioral Economics Anomalies, Then and Now. In this episode of Trend Following Radio we discuss: Behavioral economics anomalies and their persistence Trend following, momentum, and mean reversion Nick Leeson and the Barings Bank collapse Development and evolution of their book Applications of behavioral economics in real-world decisions Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!  

Professor Aumann discusses childhood in Germany, influences after moving to America, why he went to Israel, his son who was killed in the Lebanon War, what winning a Noble Prize feels like, how Game Theory can solve the hostage crisis and religious ideas, and much more.Professor Robert Aumann is a mathematician who's won the Harvey Prize in Science and Technology, the Israel Prize for economics, the Nobel Memorial Prize in Economic Sciences, and many others. He has written a lot of papers and has contributed significantly to many academic and religious conversations.-----To sponsor an episode: JewsShmoozeMarketing@gmail.comListen on the phone!! UK: 44-333-366-0589 IL: 972-79-579-5005 USA: 712-432-2903Check out the Jews Shmooze T-shirts and mug: https://rb.gy/qp543

Yascha Mounk and Paul Krugman also explore whether the Euro was a mistake. Paul Krugman is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He was a columnist for The New York Times from 2000 to 2024. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. In this week's conversation, Yascha Mounk and Paul Krugman discuss the value of economic models, the Euro crisis, and how to make a fruitful intellectual contribution in economics. Podcast production by Jack Shields and Leonora Barclay. Connect with us! ⁠Spotify⁠ | ⁠Apple⁠ | ⁠Google⁠ X: ⁠@Yascha_Mounk⁠ & ⁠@JoinPersuasion⁠ YouTube: ⁠Yascha Mounk⁠, ⁠Persuasion⁠ LinkedIn: ⁠Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices

We make a countless number of decisions every day – but unfortunately, we often choose unwisely. Behavioral economist Richard Thaler has dedicated his life's work to understanding why that is. In 2017, Thaler received the Nobel Memorial Prize in Economic Sciences for his contributions to the field of behavioral economics. His book, “Nudge,” co-authored by Cass R. Sunstein, shows that it's not possible for choices to be presented to us in a neutral way. The book demonstrates how to best nudge us in the right directions, without restricting our freedom of choice. Richard Thaler is a professor of behavioral science and economics at the University of Chicago Booth School of Business. He's a member of the National Academy of Science and the American Academy of Arts and Sciences. He's been published in many prominent journals, and he's also the author of “Misbehaving: The Making of Behavioral Economics.” Originally published in December 2021. Watch this episode at youtube.com/TalksAtGoogle.  

rWotD Episode 2876: Wassily Leontief Welcome to Random Wiki of the Day, your journey through Wikipedia’s vast and varied content, one random article at a time.The random article for Wednesday, 19 March 2025 is Wassily Leontief.Wassily Wassilyevich Leontief (Russian: Васи́лий Васи́льевич Лео́нтьев; August 5, 1905 – February 5, 1999), was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors.Leontief won the Nobel Memorial Prize in Economic Sciences in 1973, and four of his doctoral students have also been awarded the prize (Paul Samuelson 1970, Robert Solow 1987, Vernon L. Smith 2002, Thomas Schelling 2005).This recording reflects the Wikipedia text as of 00:06 UTC on Wednesday, 19 March 2025.For the full current version of the article, see Wassily Leontief on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm generative Joanna.

Uachtarán na hÉireann, President Michael D. Higgins delivered the 2024 Kofi Annan Eminent Speakers' Lecture in a live online event from the State Reception Room in Áras an Uachtaráin. President Higgins was invited to deliver this year's lecture by the President of the African Development Bank, Dr Akinwumi Adesina. The lecture series was launched in 2006 and in 2018 was renamed in honour of the former Secretary-General of the United Nations, Kofi Annan. The lecture has been previously delivered by seven Nobel laureates, including winners of the Nobel Peace Prize, the Nobel Prize in Literature and the Nobel Memorial Prize in Economic Sciences, as well as by a number of Heads of State, Heads of Government, academics and heads of global institutions.

Professor James Robinson a University Professor with appointments in both UChicago's Harris School of Public Policy as well as the Political Science Department in the Division of Social Sciences is the university's latest faculty member to win the Nobel Memorial Prize in Economic Sciences. On the inaugural episode of “An Extra Slice of The Pie,” Robinson joins Ben Krause, BFI Executive Director and new, semi-regular guest host, to discuss his research and the path to a Nobel. Tune in to learn more about Robinson's early challenges as a young researcher, his major breakthroughs, and his ideas for future work.

Since Daron Acemoglu just won the 2024 Nobel Memorial Prize in Economic Sciences alongside MIT Sloan professor Simon Johnson and University of Chicago professor James Robinson, we're revisiting  this powerful episode featuring Acemoglu's insights from 2023. In his groundbreaking book Power and Progress, Acemoglu exposes how the elite have weaponized technology to tighten their grip on wealth and influence, and explains how we can ensure that technological progress works for everyone, not just the wealthy few. This episode originally aired on August 22, 2023. Daron Acemoglu is the Institute Professor of Economics at MIT, the university's highest faculty honor, and a 2024 Nobel laureate. For the last twenty-five years, he has been researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. He is an author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail. Twitter: @NarrowCorridor Further reading:  Trio of professors win Nobel economics prize for work on post-colonial wealth Democracy is in a ‘tough stretch.' New Nobel winners explain how to strengthen it Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity The Narrow Corridor: States, Societies, and the Fate of Liberty Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon, @NickHanauer, @civicaction Instagram: @pitchforkeconomics Threads: pitchforkeconomics YouTube: @pitchforkeconomics Substack: The Pitch

The question of why some countries are rich and some poor has been described as the most important question in economics. Perhaps that is why the Royal Swedish Academy of Sciences awarded the Nobel Memorial Prize in Economics to Daron Acemoglu, Simon Johnson and James Robinson for their work on the importance of institutions in the economic fortunes of nation states. Tim Harford explains the economic theory that underpins their award.Presenter: Charlotte McDonald Reporter: Tim Harford Producer: Bethan Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Giles Aspen Editor: Richard Vadon

Israeli military forces killed Hamas leader Yahya Sinwar on Thursday, the architect of the Oct. 7 terror attacks on Israel last year. Council on Foreign Relations president emeritus Richard Haass considers whether Sinwar's death will be a turning point in the war in Gaza.  Next, MIT's Simon Johnson was awarded the 2024 Nobel Memorial Prize in Economic Sciences this week. Though he's newly decorated, he emphasizes the importance of intellectual discourse in democracy. In election news, billionaires Mark Cuban and Elon Musk are hitting the (separate) campaign trails to support their respective picks for president, and Donald Trump's gains on the election betting platform Polymarket may be inflated by a few big betters. Plus, CVS share prices plummeted as the company replaced its CEO. Richard Haass - 21:14Simon Johnson - 35:18 In this episode:Richard Haass, @RichardHaassSimon Johnson, @baselinesceneBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

As China prepares a raft of stimulus measures to reboot the country's domestic economy, Adam and Cameron discuss whether or not the measures will be effective. Also on the show: Adam and Cameron continue their tradition of discussing the annual Nobel Memorial Prize in Economic Sciences. The 2024 prize went to Daron Acemoglu, Simon Johnson, and James A. Robinson, whose work helped highlight differences in prosperity between nations. To learn more about their work, check out this paper by the three winners on the causes of long-run growth: https://www.nber.org/papers/w10481 Learn more about your ad choices. Visit megaphone.fm/adchoices

On today’s program, we’re joined by Simon Johnson at MIT, who yesterday was one of several U.S. economists to win the Nobel Memorial Prize in Economic Sciences. He studied which systems and institutions contribute to prosperity and which contribute to poverty and inequality. We’ll hear Johnson’s conversation with “Marketplace Morning Report” host David Brancaccio. Also, Alphabet/Google is turning to nuclear reactors to fuel artificial intelligence systems.

On today’s program, we’re joined by Simon Johnson at MIT, who yesterday was one of several U.S. economists to win the Nobel Memorial Prize in Economic Sciences. He studied which systems and institutions contribute to prosperity and which contribute to poverty and inequality. We’ll hear Johnson’s conversation with “Marketplace Morning Report” host David Brancaccio. Also, Alphabet/Google is turning to nuclear reactors to fuel artificial intelligence systems.

Join Kasia & Peter as they explore the profound impact of Daniel Kahneman, the Israeli-American psychologist, and author who revolutionised our understanding of human decision-making. Awarded the 2002 Nobel Memorial Prize in Economic Sciences, Kahneman's groundbreaking work, alongside Amos Tversky, unveiled the cognitive biases and heuristics that shape our judgments. Kasia & Peter delve into his influential theories, including prospect theory, ask Daniel how he finds objective meaning, and discuss the importance of collaboration.This is Kahneman's last public interview before his death on March 27, 2024.Keep up to date with Peter!Website: www.petersinger.infoSubstack: https://boldreasoningwithpetersinger.substack.com/YouTube: www.youtube.com/@peter_singerKeep up to date with Kasia!https://www.facebook.com/katarzyna.delazariradek Special Thanks to Suzi Jamil!Executive Producer: Rachel Barrett Hosted on Acast. See acast.com/privacy for more information.

This episode of the Performance Initiative Podcast with Drs. Grant Cooper and & Zinovy Meyler combines insights from Nobel Laureate Vernon Smith and the principles of Adam Smith to explore a range of economic themes, including the implications of Universal Basic Income (UBI), the impact of government policies on inflation, banking, and the housing market, and the evolution of labor and automation. Vernon discusses the historical and future trajectories of economic policies, the importance of free markets, innovation, and the potential of cryptocurrencies. Additionally, he reflects on the benefits of UBI in comparison to retirement incomes, the value of practical skills over formal education, and the role of government in major infrastructures like highways. Grant, Zinovy and Vernon also delve into the human aspect of economics, emphasizing the significance of empathy, social cooperation, and the moral sentiments that guide societal interactions and economic transactions, as highlighted through the theories of Adam Smith. The podcast concludes by addressing the factors that contribute to longevity and productivity, emphasizing a life deeply engaged with personal interests and societal contributions.(00:00) Introduction(02:24) Vernon Smith's Insights on Economics, Social Safety Nets, and Personal History(11:48) Exploring the Dynamics of Minimum Wage and Early Work Experiences(14:56) The Evolution of the B29 and Lessons in Innovation(17:21) The Role of Social Safety Nets and Private Initiatives(20:40) Government Spending, Inflation, and the Economy's Future(46:18) The Housing Market, Bubbles, and Economic Cycles(50:20) Biotech Investments and the Potential of Bitcoin(01:09:54) Exploring Inflation and Government Spending(01:11:56) The Impact of COVID-19 on Supply and Demand(01:13:09) Government's Role in Regulation and Free Markets(01:14:55) The Debate on Food Safety and Government Intervention(01:27:51) Automation, Jobs, and the Future of Work(01:30:16) Universal Basic Income: Necessity or Inevitability?(01:34:17) Investment Strategies and Economic Predictions(01:38:40) Reflecting on Historical Figures and Economic Theories(01:44:18) The Evolution of Economic Thought and Practice(01:44:25) Adam Smith's Enduring Influence on Economics(02:16:36) The Future of Economics and Societal DevelopmentVernon L. Smith is a renowned American economist and professor, celebrated for his pioneering contributions to experimental economics, a field he helped establish. Born in 1927, Smith's innovative work involves using controlled experiments to study how people make economic decisions, which challenged traditional economic theories that relied heavily on mathematical models and assumptions of rational behavior. His groundbreaking research has provided profound insights into market mechanisms, auction designs, and the behavior of economic agents, earning him the Nobel Memorial Prize in Economic Sciences in 2002 alongside Daniel Kahneman. Smith's career spans several decades, during which he has held academic positions at various prestigious institutions, published extensively, and remained a vocal advocate for understanding the practical implications of economic policies and theories on everyday life.#VernonSmith #BehavioralEconomics #FinancialCrisis #EconomicInsights #FiscalPolicy #SupplyChain #Podcast #FinancialLiteracy #Investing #NobelPrize #EconomicHistory #PublicPolicy #PerformanceInitiative #EconomicTheorySocials:YouTube: https://www.youtube.com/channel/UCKPNCI1-HBSZmiHNAlAjiIwWebsite: https://www.performanceinitiativepodcast.com/Instagram: https://www.instagram.com/performanceinitiativeTikTok: https://www.tiktok.com/@performanceinitiative

In 2018, economist William Nordhaus won the Nobel Memorial Prize in Economic Sciences for his Dynamic Integrated Climate-Economy model, which was the first neoclassical growth model to incorporate the impacts of a warming planet on the global economy.  While celebrated for its economic innovations, the DICE model and its outputs have been criticized by climate scientists for not adequately considering the devastating impacts that a rapidly warming planet will have on the environment, human wellbeing, and the economy.  Conventional attempts of forecasting GDP impacts of a one degree increase in global temperatures using the DICE model typically produce estimates of little more than a 1% decrease in global GDP. Critics argue that by downplaying the future economic costs resulting from a warming planet, these types of economic models make it easier for policymakers to justify delaying actions now to reduce emissions and slow or even stop global warming. But in a new paper titled "The Macroeconomic Impact of Climate Change: Global vs Local Temperature", Dr. Adrien Bilal and Dr. Diego Kaenzig unveil a new model to predict the impact that global warming will have on the global economy. Their findings suggest previous studies were significantly off and, in fact, global GDP will be drastically reduced if the planet continues to warm on its current trajectory. Dr. Bilal and Dr. Kaenzig join The Climate Pod to discuss their new paper, how their approach differed from previous attempts at quantifying the economic impact of climate change, and what this means for policymakers. Dr. Adrien Bilal is an Assistant Economics Professor at Harvard University. Dr. Diego Kaenzig is an Assistant Economics Professor at Northwestern University. Read the paper here: https://www.nber.org/papers/w32450 As always, follow us @climatepod on Twitter and email us at theclimatepod@gmail.com. Our music is "Gotta Get Up" by The Passion Hifi, check out his music at thepassionhifi.com. Rate, review and subscribe to this podcast on iTunes, Spotify, Stitcher, and more! Subscribe to our YouTube channel! Join our Facebook group.

Vernon L. Smith is one of the leading economists of our time. He was born in Wichita, on January 1, 1927. In 2002, he shared the Nobel Memorial Prize with Daniel Kahneman. Professor Smith has taught at many universities. He is a classical liberal, in the mold of a Smith of yore: Adam. With Jay, […]

Vernon L. Smith is one of the leading economists of our time. He was born in Wichita, on January 1, 1927. In 2002, he shared the Nobel Memorial Prize with Daniel Kahneman. Professor Smith has taught at many universities. He is a classical liberal, in the mold of a Smith of yore: Adam. With Jay, he talks about his life, his findings, and freedom—glorious, precious freedom. Source

Vernon L. Smith is one of the leading economists of our time. He was born in Wichita, on January 1, 1927. In 2002, he shared the Nobel Memorial Prize with Daniel Kahneman. Professor Smith has taught at many universities. He is a classical liberal, in the mold of a Smith of yore: Adam. With Jay, he talks about his life, his findings, and freedom—glorious, precious freedom. 

Bloomberg Radio host Barry Ritholtz speaks to Angus Deaton, senior scholar at the Princeton School of Public and International Affairs. In 1976, he became a professor of econometrics at the University of Bristol and moved to Princeton as a professor of economics and international affairs in 1983. He became an emeritus professor in 2016. In 2015, he received the Nobel Memorial Prize in Economic Sciences. He is the author of almost 200 papers and six books, including The Great Escape: Health, Wealth, and the Origins of Inequality; Economics in America: An Immigrant Economist Explores the Land of Inequality; and, with Anne Case, of Deaths of Despair and the Future of Capitalism.See omnystudio.com/listener for privacy information.

Deon Gouws, chief investment officer at Credo and Ian Mann, regular book reviewer and MD at Gateways Business Consultants  pay tribute to renowned psychologist and Nobel prize winner, Daniel Kahne man, who died at the age of 90. Daniel Kahneman was an Israeli-American author, psychologist and economist notable for his work on hedonic psychology, psychology of judgement and decision-making. He is also known for his work in behavioural economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences Michael Fridjhon, international wine expert at Wine Wizard discusses the veil of silence sustaining unfair wine markups instead of market forces dictating with Bruce Whitfield. Fridjhon discussed how liquor is subsidising food, which is a practice that became even more normal during the lockdown.  Bruce Whitfield spoke to David Shapiro, veteran stockbroker and chief global equity strategist at Sasfin, on using bonds and strategies in order to boost your investment strategies.See omnystudio.com/listener for privacy information.

Sir Angus Deaton is a British-American economist, and one of the world's most eminent in his profession. He was the sole recipient of the 2015 Nobel Memorial Prize in Economic Sciences, principally for his analysis of consumer demand, poverty, and welfare. But he is also among the world's most famous (perhaps even notorious) economists for the work he has done to shine a light on inequality in America.He is perhaps best known for his influential 2020 bestseller, Deaths of Despair and the Future of Capitalism, co-authored with his wife Anne Case, who is likewise an eminent economist at Princeton University, where both are emeritus professors. They coined the term “deaths of despair” to highlight the rising mortality rates among white non-elderly Americans, a change largely due to a rise in drug and alcohol poisonings, suicide, and chronic liver diseases and cirrhosis.These rising mortality and morbidity rates, Case and Deaton further documented, accompanied increasing divergences between less-educated and well-educated Americans on other indicators of well-being including wages, labor force participation, marriage, social isolation, obesity, and pain – all of which, they concluded, pointed toward a rise in despair that was linked to broad social and economic trends.In this podcast discussion, Sir Angus Deaton discusses his new book, Economics in America: An Immigrant Economist Explores the Land of Inequality. He talks about his education in Britain, the work that led to his Nobel Prize, the impact of the Nobels on the economics profession, and the principal questions he has wrestled with as an economist in his adoptive country, the United States. He also discusses his theory that what has led the U.S. to become an outlier among developed countries in terms of its declining life expectancy (as well as other indications of a failure of social flourishing) rests principally with the decline in jobs for less-educated Americans. And, he posits, this decline has come about in response to globalization and technological change, exacerbated by what he calls “the grotesquely exorbitant cost of our healthcare system” as well as the country's fragmentary safety net.

In Permacrisis: A Plan to Fix a Fractured World, Mohamed El-Erian and Michael Spence, along with their coauthors, Gordon Brown and Reid Lidow, consider how we've arrived at this state of constant instability and insecurity—and suggest concrete ways to break the cycle.Mohamed El-Erian, president of Queens' College Cambridge University, was previously the chair of President Obama's Global Development Council, a Deputy Director at the International Monetary Fund, and CEO and co-CIO of PIMCO.Michael Spence, a senior fellow at the Hoover Institution and the Philip H. Knight Professor and dean, emeritus, at Stanford Graduate School of Business, was awarded the 2001 Nobel Memorial Prize in Economic Sciences.Together with Martin Reeves, the Chairman of the BCG Henderson Institute, El-Erian and Spence discuss new approaches to thinking about growth, economic management, and managing a global order, as well as how leaders could unlock the full potential of technologies that could drive growth, and ensure that the benefits of technological advancements, like AI, are widely distributed to avoid exacerbating national tensions.Key topics discussed: 01:59 | Defining permacrisis08:58 | The essence of how we need to think differently about growth and value10:32 | Unlocking the full potential of technologies that could drive growth14:09 | How to ensure that the benefits of technological advancements, like AI, are widely distributed to avoid exacerbating national tensions19:40 | Anticipating or managing similar crises (COVID-19) in the future25:15 | Reforming multilateral institutionsThis podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

Michael Spence, recipient of the Nobel Memorial Prize in Economic Sciences, sits down with Thoughtful Money host Adam Taggart to discuss the findings of his new book "Permacrisis: A Plan to Fix a Fractured World" which he co-authored with Mohamed El-Erian & Gordon Brown. Spence explains how at the heart of today's "permacrisis" are broken approaches to growth, economic management, and governance. While these approaches are broken, they are not beyond repair. An explanation of where we've gone wrong, and a provocative, inspiring plan to do nothing less than change the world, Permacrisis: A Plan to Fix a Fractured World, written with Reid Lidow, sets out how we can prevent crises and better manage the future for the benefit of the many and not the few. The longer a problem goes unresolved, the worse it will get; that's what happens in a permacrisis – and that's why we must act now.To learn more about what Adam Taggart has in store for this new Thoughtful Money channel, go to his Substack at adamtaggart.substack.com #inflation #interestrates #recession

The Nobel Memorial Prize in Economic Sciences was awarded on Monday to Claudia Goldin, a Harvard professor, for her work to advance the world's understanding of women in the work force. She made history by being the first woman to win the award solo rather than sharing in the prize. To honor her achievement, we discussed our own gender pay gap research that is in part informed by academics like Dr. Goldin, focusing on a new regulation in Japan that mandated companies disclose their pay gap data. And then, after we go through the numbers, we have a special part of this episode where colleagues come on to share their experiences of work before and during motherhood. Host: Mike Disabato, MSCI ESG ResearchGuest: Yukie Shibano, Laura Nishikawa, Gillian Mollod, Siyu Liu, and Linda-Eling Lee, MSCI ESG Research and MSCI Sustainability Institute 

If you're interested in learning about the winner of the 1979 Nobel Memorial Prize in Economic Sciences and creator of “The Lewis Model”, then my Sir W. Arthur Lewis Black History Facts profile is for you.   Show notes and sources are available at http://noirehistoir.com/blog/w-arthur-lewis.

Israel's Prime Minister Benjamin Netanyahu has warned of a "terrible" response to the killing of at least nine hundred people by Hamas. He compared the group to Isis and called on parliamentary opposition to form a broad collation government in order to react to the attacks. Also on the programme, this year's Nobel Memorial Prize in Economic Sciences has been awarded to the American economic historian Claudia Goldin for her pioneering research on how women have affected labour markets, and the key drivers behind the gender pay gap (Photo: Destruction in Gaza Strip as Israel retaliates after Hamas attacks - 09 Oct 2023. Credit: MOHAMMED SABER/EPA-EFE/REX/Shutterstock)

Thinking Fast and Slow Essential Reading Notes:Fasten Your Mind"Thinking Fast and Slow" is a book written by the Nobel Prize-winning economist Daniel Kahneman. The book discusses the two main systems that drive the way we think: System 1 and System 2. System 1 thinking is fast, intuitive, and automatic, while System 2 thinking is slow, effortful, and deliberate. Kahneman explores the ways in which these two systems interact and influence our decision-making processes, and how they can both lead us astray. The book also delves into the cognitive biases and heuristics that often cloud our judgment, and provides insights into how we can become more aware of these mental shortcuts in order to make better decisions. Is Thinking, Fast and Slow worth reading?"Thinking, Fast and Slow" is a non-fiction book written by Nobel Memorial Prize in Economic Sciences laureate Daniel Kahneman. The book explores the two systems that drive the way we think: System 1, which is fast, intuitive, and emotional; and System 2, which is slower, more deliberative, and more logical. The book discusses how these systems interact and influence our decision-making processes, and it provides insights into human behavior and cognitive biases. The book has been well-received by critics and readers alike, and it has been praised for its accessibility, insights, and practical applications. It has also been described as a "must-read" for anyone interested in psychology, economics, or decision-making. In summary, "Thinking, Fast and Slow" is a popular and influential book that offers valuable insights into human behavior and decision-making. If you are interested in these topics, then it may be worth reading.Why is Thinking, Fast and Slow a good book?Thinking, Fast and Slow is a good book for several reasons: Insightful: The book offers a comprehensive overview of the two systems of thinking that govern how we make decisions. Daniel Kahneman explains complex ideas about cognitive psychology in an accessible manner, using real-life examples to illustrate his points. Practical Applications: The book provides practical applications of its theories that can be used by readers to improve their decision-making abilities. Kahneman's insights can help readers avoid common cognitive biases and make better choices in their personal and professional lives. Research-Based: The book is based on decades of research in cognitive science and behavioral economics. Kahneman's work has been widely cited and has had a significant impact on the field of psychology. Engaging and Easy to Read: Despite being a non-fiction book about academic concepts, Thinking, Fast and Slow is engaging and easy to read. The book is structured in a way that keeps the reader interested and engaged throughout. Overall, Thinking, Fast and Slow is a valuable resource for anyone looking to understand how they make decisions and how they can make better ones. It is a must-read for those interested in cognitive psychology, behavioral economics, or simply improving their own decision-making abilities.