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Chris
Aug 10, 2021
Great topics but interviewer is often rude dounding in his demeanor and often goes on tangents not 100% related to ongoing conversation. I get the feeling he believes he is smarter than everyone he interviews
Jul 12, 2021
really gone down hill these last few years. Russ has gotten much less critically analytical to narratives he agrees with.
Sep 11, 2020
KOT
Dec 2, 2019
Best poscast ever.
Oct 29, 2019
Episode | Date |
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Les Snead on Risk, Decisions, and Football
01:17:37
After nearly 12 years as general manager for the L.A. Rams, Les Snead has learned the power of humility when it comes to making big decisions--who to draft, who to hire as head coach, and how to create a shared vision for his team. Listen as he and EconTalk's Russ Roberts discuss what it's like to manage a professional football team along with the intense pressures that come with the territory. An episode for every fan who has played Monday-morning quarterback, and all of us who wonder how those who play for high stakes survive and thrive. |
Jun 05, 2023 |
Luca Dellanna on Risk, Ruin, and Ergodicity
01:07:31
Author and consultant Luca Dellanna talks with EconTalk host Russ Roberts about the importance of avoiding ruin when facing risk. Along the way Dellanna makes understandable the arcane concept of ergodicity and shows the importance of avoiding ruin in every day life. |
May 29, 2023 |
Casey Mulligan on Vaccines, the Pandemic, and the FDA
01:08:17
When there's no vaccine on the market, people will look for other ways to be safe, including school closures and the handwashing of groceries. Listen as economist Casey Mulligan of the University Chicago talks with EconTalk's Russ Roberts about the costs of delaying a vaccine, the hidden costs of FDA regulation, and what we learned and failed to learn about the Covid pandemic. |
May 22, 2023 |
Tyler Cowen on the Risks and Impact of Artificial Intelligence
01:00:51
Economist Tyler Cowen of George Mason University talks with EconTalk's Russ Roberts about the benefits and dangers of artificial intelligence. Cowen argues that the worriers--those who think that artificial intelligence will destroy mankind--need to make a more convincing case for their concerns. He also believes that the worriers are too willing to reduce freedom and empower the state in the name of reducing a risk that is far from certain. Along the way, Cowen and Roberts discuss how AI might change various parts of the economy and the job market. |
May 15, 2023 |
Eliezer Yudkowsky on the Dangers of AI
01:17:35
Eliezer Yudkowsky insists that once artificial intelligence becomes smarter than people, everyone on earth will die. Listen as Yudkowsky speaks with EconTalk's Russ Roberts on why we should be very, very afraid, and why we're not prepared or able to manage the terrifiying risks of artificial intelligence. |
May 08, 2023 |
Patrick House and Itzhak Fried on the Brain's Mysteries
01:07:41
While operating on a 16-year-old girl who suffered from severe seizures, neurosurgeon Itzhak Fried stumbled on the region of the brain that makes us laugh. To neuroscientist Patrick House, Fried's ability to produce laughter surgically raises deep and disconcerting questions about how the brain works. Join Fried, House, and EconTalk's Russ Roberts for a live broadcast from Jerusalem's Shalem College that is a sequel of sorts to House's earlier appearance on EconTalk. House and Fried discuss the mystery of consciousness and try to square the biological bases for emotions with the circle of our humanity. |
May 01, 2023 |
Michael Munger on the Perfect vs. the Good
01:14:38
Is the perfect really the enemy of the good? Or is it the other way around? In 2008, Duke University economist Michael Munger ran for governor and proposed increasing school choice through vouchers for the state's poorest counties. But some lovers of liberty argued that it's better to fight for eliminating public schools instead of trying to improve them. Munger realized his fellow free-marketers come in two flavors: directionalists--who take our political realities as given and try to move outcomes closer to the ideal--and destinationists--who want no compromises with what they see as the perfect outcome. Listen as Munger talks to EconTalk's Russ Roberts about two different strategies for achieving political goals. Along the way, they discuss rent control, the minimum wage, and why free-market policies are so rare. |
Apr 24, 2023 |
Dana Gioia on Poetry, Death and Mortality
00:58:31
When he was a child, poet Dana Gioia's mother would come home from a long day of work and recite poems while she cleaned. It was a way, he realized later, for her to express the feelings she didn't want to describe directly, and to vent her sorrows without burdening her son. This, he believes, is what makes poetry so compelling: It's the secret language of emotions, a bit of magic that gets us through the day. Listen as Gioia speaks with EconTalk's Russ Roberts about poems, mortality, and loved ones who died too young. Gioia also explains the fundamental role of allusions in poems, and how--if they’re really good--they have the power to summon the dead. |
Apr 17, 2023 |
Daniel Gordis on Israel and Impossible Takes Longer
01:27:01
As Israel turns 75, has it fulfilled the promise of its founders? Daniel Gordis of Shalem College talks about his book, Impossible Takes Longer, with EconTalk's Russ Roberts looking at the successes and failures of Israel. Topics discussed include the history of Zionism, the plight of the Palestinians, the Jewishness of the Jewish state, and the current debate in Israel over judicial reform. |
Apr 10, 2023 |
Erik Hoel on the Threat to Humanity from AI
01:24:57
They operate according to rules we can never fully understand. They can be unreliable, uncontrollable, and misaligned with human values. They're fast becoming as intelligent as humans--and they're exclusively in the hands of profit-seeking tech companies. "They," of course, are the latest versions of AI, which herald, according to neuroscientist and writer Erik Hoel, a species-level threat to humanity. Listen as he tells EconTalk's Russ Roberts why we need to treat AI as an existential threat. |
Apr 03, 2023 |
Kevin Kelly on Advice, AI, and Technology
01:26:36
Photographer, author, and visionary Kevin Kelly talks about his book Excellent Advice for Living with EconTalk's Russ Roberts. His advice includes how to have a deep conversation, why it's better to control time than money--and whether, in the end, we should give advice in the first place. Other topics of discussion include the right object of our aspirations, the reason for optimism when it comes to technology, and why Kelly is not worried about AI. |
Mar 27, 2023 |
Megan McArdle on the Oedipus Trap
01:14:38
When physician Walter Freeman died in 1972, he still believed that lobotomies were the best treatment for mental illness. A pioneer in the method, he was a deeply confident and charismatic man who eagerly spread the technique in America, long after the rise of alternative treatments that were less destructive. Listen as journalist Megan McArdle and EconTalk's Russ Roberts discuss what McArdle calls the "Oedipus Trap": mistakes that no one can live with, even if they were innocently made, and how admitting such mistakes to ourselves is nearly impossible. They also discuss the complexity of the credo, "follow the science." |
Mar 20, 2023 |
Zach Weinersmith on Beowulf and Bea Wolf
01:03:12
Tolkien read it as a tale about mortality. The poet David Whyte said it was a metaphor for the psychological demons deep in our minds. And that, insists the cartoonist and writer Zach Weinersmith, is precisely Beowulf's appeal: Its richness opens the door to endless interpretation. Listen as the author of Bea Wolf, a graphic novel for children based on the Old English poem, speaks with EconTalk's Russ Roberts about poetry in general, Beowulf in particular, whether we should require students to memorize poems, and the value of stories for children even without a moral lesson. |
Mar 13, 2023 |
Omer Moav on the Emergence of the State
01:02:08
Since at least Adam Smith, the common wisdom has been that the transition from hunter-gathering to farming allowed the creation of the State. Farming, so went the theory, led to agricultural surplus, and that surplus is the prerequisite for taxation and a State. But economist Omer Moav of the University of Warwick and Reichman University argues that it wasn't farming but the farming of a particular kind of crop (but not others) that led to hierarchy and the State. Moav explains to EconTalk host Russ Roberts storability is the key dimension that allows for taxation and a State. The conversation includes a discussion of why it's important to understand the past and the challenges of confirming or refuting theories about history. |
Mar 06, 2023 |
Paul Bloom on Psych, Psychology, and the Human Mind
01:13:41
Do psychologists know anything? Psychologist Paul Bloom says yes--but not the things that you might think. Bloom discusses his book Psych with EconTalk's Russ Roberts and what the field of psychology can teach us about human intelligence, consciousness, and unhelpful instincts. They also discuss just how far psychology is from a true understanding of the human mind, and why, according to Bloom, that might not be such a bad thing. |
Feb 27, 2023 |
Marco Ramos on Misunderstanding Mental Illness
01:28:46
When psychiatrist Marco Ramos of Yale University prescribes antidepressants to patients in distress and they ask him how they work, Ramos admits: We don't really know. And too often, they don't work at all. Despite decades of brain research and billions of dollars spent, psychiatry has made little progress in understanding mental illness. Listen as Ramos explains to EconTalk's Russ Roberts how the myth of the biological basis for mental illness began, why it stubbornly persists, and why honesty about what we know and don't know is the best policy. |
Feb 20, 2023 |
Adam Mastroianni on Peer Review and the Academic Kitchen
01:06:38
Psychologist Adam Mastroianni says peer review has failed. Papers with major errors make it through the process. The ones without errors often fail to replicate. One approach to improve the process is better incentives. But Mastroianni argues that peer review isn't fixable. It's a failed experiment. Listen as he makes the case to EconTalk host Russ Roberts for a new approach to science and academic research. |
Feb 13, 2023 |
Sam Harris on Meditation, Mindfulness, and Morality
01:51:07
According to neuroscientist and philosopher Sam Harris, rationality is the key to safeguarding everything we cherish, and its only true enemy is dogmatic inflexibility. Harris speaks with EconTalk host Russ Roberts about the views that have made Harris famous, teasing out the often mind-blowing subtleties of his religious and cultural critiques. They discuss what Harris has learned as a podcaster and author, and how ecstasy launched his spiritual journey. Finally, they move on to the power of meditation, exploring the way it can lead to self-transcendence and real connection with others. |
Feb 06, 2023 |
Vinay Prasad on Pharmaceuticals, the FDA, and the Death of Duty
01:09:12
Oncologist and epidemiologist Vinay Prasad argues that too many very expensive drugs get approved by the FDA that have very limited impact on the lives of patients. Prasad explains the incentives that distort the current system. The general problem, he explains to EconTalk host Russ Roberts, is the death of duty--too many players in the health care landscape and elsewhere stay quiet or do the wrong thing in order to serve themselves. |
Jan 30, 2023 |
Dwayne Betts on Beauty, Prison, and Redaction
01:22:58
Dwayne Betts was a 16-year-old in solitary confinement when a fellow inmate slid a book of poetry under his cell door. What happened next is an astounding story of transformation: from desperation to the discovery of beauty, even behind bars. Listen as the lawyer, prison reform advocate, and award-winning poet explains to EconTalk host Russ Roberts why he's on a mission to bring books--and beauty--into prisons. They also discuss Betts's latest book, Redaction, a collaboration with the artist Titus Kaphar. |
Jan 23, 2023 |
Tiffany Jenkins on Plunder, Museums, and Marbles
01:12:44
Should the British Museum return the Elgin Marbles, taken from the Parthenon in Athens about 200 years ago? What should be the purpose of museums, education or social justice? Listen as Tiffany Jenkins, author of Keeping Their Marbles, discusses these questions and more with EconTalk host Russ Roberts. |
Jan 16, 2023 |
Ian Leslie on Being Human in the Age of AI
00:57:16
When OpenAI launched its conversational chatbot this past November, author Ian Leslie was struck by the humanness of the computer's dialogue. Then he realized that he had it exactly backward: In an age that favors the formulaic and generic to the ambiguous, complex, and unexpected, it's no wonder that computers can sound eerily lifelike. Leslie tells EconTalk host Russ Roberts that we should worry less about the lifelike nature of AI and worry more that human beings are being more robotic and predictable. Leslie bolsters his argument with evidence from music and movies. The conversation includes a discussion of the role of education in wearing down the mind's rougher, but more interesting and more authentic, edges as well as how we might strive to be more human in the age of AI. |
Jan 09, 2023 |
Hannah Ritchie on Eating Local
01:00:41
Having completed several degrees in environmental science, Hannah Ritchie nearly left the field out of helplessness and frustration, worried she would never make a real difference. Today, she's a passionate advocate for changing climate messaging, replacing what she believes are paralyzing--and often false--claims with empowering arguments that people can embrace. Listen as the head of research at Our World in Data talks with EconTalk host Russ Roberts about food emissions, low-carbon technologies, and what the data shows about what matters (and what matters much less) when it comes to climate change. |
Jan 02, 2023 |
Judge Glock on Zoning and Local Government
01:00:35
Economic historian Judge Glock talks to EconTalk host Russ Roberts about zoning and the housing market. Glock argues the impact on zoning on housing affordability is small and that we should learn to love property taxes as long as they're administered properly. The conversation includes a discussion of the environmental impact of urban sprawl--Glock argues sprawl has certain environmental benefits. |
Dec 26, 2022 |
Arnold Kling on Twitter, FTX, and ChatGPT
01:00:27
Economist and author Arnold Kling talks with EconTalk host Russ Roberts about the recent drama in the tech world--Elon Musk's acquisition of Twitter, the collapse of FTX, and the appearance of ChatGPT. Underlying topics discussed include the potential for price discrimination to make social media profitable, whether you could tell Jeff Bezos from Sam Bankman-Fried early on, and the role of human beings in the world of artificial intelligence. |
Dec 19, 2022 |
Monica Guzman on Curiosity and Conversation in Contentious Times
01:10:25
In our highly polarized times, everyone seems obsessed with the truth: what is it, who has it, and which side's got it all wrong. What we don't seem to care about, says journalist Monica Guzman, is the truth behind perspectives other than our own. Listen as Guzman and host Russ Roberts discuss Guzman's book I Never Thought of It That Way, a call to get interested in the people behind the positions, and the experiences, hopes, and fears that lead to their beliefs. Guzman and Roberts also discuss the role of great questions in sparking meaningful conversations, and how we can not only get along with, but even learn from, those with whom we ardently disagree. |
Dec 12, 2022 |
Patrick House on Consciousness
01:28:09
How does the mind work? What makes us sad? What makes us laugh? Despite advances in neuroscience, the answers to these questions remain elusive. Neuroscientist Patrick House talks about these mysteries and about his book Nineteen Ways of Looking at Consciousness with EconTalk host Russ Roberts. House's insights illuminate not just what we know and don't know about our minds--he also helps us understand what it means to be human. |
Dec 05, 2022 |
Annie Duke on the Power of Quitting
01:22:19
Annie Duke is angry that quitting gets such a bad rap. Instead of our relentless focus on grit and "going for it," the former professional poker player, decision strategist, and author of Quit wants us to recognize the costs associated with sticking to a losing outcome. Listen as she explains to EconTalk host Russ Roberts how society's conflation of grit with character has made quitting unnecessarily hard, and why our desire for certainty harms our decision-making ability. Additional topics include the flawed mental accounting that makes us confuse wins for losses, what we can learn from ants, and the tragic story of how the refusal to quit cost 16 lives one terrible night at the top of Mt. Everest. |
Nov 28, 2022 |
Johnathan Bi on Mimesis and René Girard
01:11:46
When the 20-year-old overachiever Johnathan Bi's first startup crashed and burned, he headed to a Zen retreat in the Catskills to "debug himself." He discovered René Girard and his mimetic theory--the idea that imitation is a key and often unconscious driver of human behavior. Listen as entrepreneur and philosopher Bi shares with EconTalk host Russ Roberts what he learned from Girard and Girard's insights into how we meet our primal need for money, fame, and power. The conversation includes the contrasts between economics and Girard's perspective. |
Nov 21, 2022 |
Agnes Callard on Meaning, the Human Quest, and the Aims of Education
01:21:12
Suppose all of humanity was infected by a virus that left us all infertile--no one will come along after us. How would you react to such a world? Agnes Callard of the University of Chicago says she would be filled with despair. But why does this seem worse than our own inevitable deaths? Callard speaks with EconTalk host Russ Roberts about the meaning of life, and what exactly about the end of humanity is so demoralizing. The conversation concludes with a discussion of whether humanity is making progress. |
Nov 14, 2022 |
Jessica Todd Harper on Beauty, Family, and Photography
01:22:16
When everyone is carrying a camera in their pocket, what raises the act of taking pictures to the level of fine art photography? Jessica Todd Harper, the award-winning portrait photographer, says that it's equal parts mindset and technique--and lots of setting the stage to seize that perfect light. Listen as Harper speaks with EconTalk host Russ Roberts about her desire to capture the complexity of life in a single image, why family relationships and home life are her chosen subjects, and the integral role beauty plays in her images, despite its diminished status in art today. |
Nov 07, 2022 |
Michael Munger on Industrial Policy
01:09:36
Economist and political scientist Michael Munger of Duke University talks about industrial policy with EconTalk host Russ Roberts. Munger argues that in a democracy, the default outcome for industrial policy is crony capitalism--attempts to improve on that outcome either by appointing experts or eliminating cronyism are going to fail for political reasons. The conversation concludes with a discussion of the reliability of Munger's claim and what options are left for dissatisfied reformers. |
Oct 31, 2022 |
Ryan Holiday on Discipline Is Destiny
01:11:00
Author Ryan Holiday talks about his book, Discipline Is Destiny, with EconTalk host Russ Roberts. Holiday discusses the mentor who taught him discipline, the self-control of Queen Elizabeth, the world-champion boxer who counseled the man who defeated him in the ring, and the forgotten Roman emperor who helped make Marcus Aurelius the man he would become. |
Oct 24, 2022 |
Devon Zuegel on Inflation, Argentina, and Crypto
01:03:48
Devon Zuegel talks with EconTalk host Russ Roberts about the crazy world of money and finance in Argentina. When inflation is often high and unpredictable, people look for unusual ways to hold their savings. And when banks are unreliable because of public policy, people look for unusual ways to keep their savings safe and to make financial transactions. Welcome to Argentina, where Zuegel finds surprising applications of cryptocurrency for solving problems. |
Oct 17, 2022 |
Roland Fryer on Educational Reform
01:13:14
The good news about educational reform, says Harvard economist Roland Fryer, is that we know what it takes to turn a school around. The bad news is that it's hard work--and implementing it won't win you any popularity contests. Listen as the MacArthur Genius Award Winner and John Bates Clark medalist speaks with EconTalk host Russ Roberts about how pizza parties revealed the potential of incentives to improve students' test scores, and why he's far more concerned about closing the racial achievement gap than keeping the love of learning pure. He also discusses the five best practices of successful schools, and why it's his failures far more than his successes that keep him in this fight. |
Oct 10, 2022 |
Sonat Birnecker Hart on Whiskey
01:29:03
Scholar and distiller Sonat Birnecker Hart of the Koval Distillery talks with EconTalk host Russ Roberts about her career move from academia to whiskey-making. She explains that the heart is the key to great flavor--when making whiskey, and when making the right choices in life. |
Oct 03, 2022 |
Erik Hoel on Effective Altruism, Utilitarianism, and the Repugnant Conclusion
01:17:01
Neuroscientist Erik Hoel talks about why he is not an "effective altruist" with EconTalk host, Russ Roberts. Hoel argues that the utilitarianism that underlies effective altruism--a movement co-founded by Will MacAskill and Peter Singer--is a poison that inevitably leads to repugnant conclusions and thereby weakens the case for the strongest claims made by effective altruists. |
Sep 26, 2022 |
Kieran Setiya on Midlife
01:39:49
John Stuart Mill's midlife crisis came at 20 when he realized that if he got what he desired he still wouldn't be happy. Art and poetry (and maybe love) saved the day for him. In this week's episode, philosopher Kieran Setiya of MIT talks about his book Midlife with EconTalk host Russ Roberts. Setiya argues we can learn from Mill to help deal with the ennui to which so many midlifers succumb--along with regrets for roads not taken and wistfulness for what could have been. Setiya argues that a well-lived life needs fewer projects and more pursuits that don't have goals or endpoints. He explains why past mistakes can turn out to be good things and how lost chances can help us appreciate the richness of life. |
Sep 19, 2022 |
David McRaney on How Minds Change
01:28:17
To the Founding Fathers it was free libraries. To the 19th century rationalist philosophers it was a system of public schools. Today it's access to the internet. Since its beginnings, Americans have believed that if facts and information were available to all, a democratic utopia would prevail. But missing from these well-intentioned efforts, says author and journalist David McRaney, is the awareness that people's opinions are unrelated to their knowledge and intelligence. In fact, he explains, the better educated we become, the better we are at rationalizing what we already believe. Listen as the author of How Minds Change speaks with EconTalk host Russ Roberts about why it's so hard to change someone's mind, the best way to make it happen (if you absolutely must), and why teens are hard-wired not to take good advice from older people even if they are actually wiser. |
Sep 12, 2022 |
Will MacAskill on Longtermism and What We Owe the Future
01:16:22
Philosopher William MacAskill of the University of Oxford and a founder of the effective altruism movement talks about his book What We Owe the Future with EconTalk host Russ Roberts. MacAskill advocates "longtermism," giving great attention to the billions of people who will live on into the future long after we are gone. Topics discussed include the importance of moral entrepreneurs, why it's moral to have children, and the importance of trying to steer the future for better outcomes. |
Sep 05, 2022 |
Amor Towles on A Gentleman in Moscow and the Writer's Craft
01:19:46
Author Amor Towles talks about his book, A Gentleman in Moscow, with EconTalk host Russ Roberts. Along the way they discuss the craft of writing, the wellsprings of persistence, and Towles's reading habits. |
Aug 29, 2022 |
Raj Chetty on Economic Mobility
01:19:14
Economist Raj Chetty of Harvard University talks about his work on economic mobility with EconTalk host Russ Roberts. The focus is on Chetty's recent co-authored study in Nature where he finds that poor people in America who are only connected to other poor people do dramatically worse financially than poor people who are connected to a wider array of economic classes. The discussion includes the policy implications of this result as well as a discussion of Chetty's earlier work on the American Dream and the challenge of Americans born in recent decades to do better financially than their parents. |
Aug 22, 2022 |
Tyler Cowen on Talent
01:01:40
How do you hone your craft on an everyday basis? It could be writing, meeting with experts, even listening to podcasts, just so long, argues economist and blogger Tyler Cowen, as it makes you better at what you already do. Perhaps more than anything else, he believes, it's practice that divides middle managers from founders, and mere good hires from the creative obsessives who end up transforming the world. Join Cowen and EconTalk host Russ Roberts for a conversation about Talent, Cowen's new book on how (and how not) to identify the talented. Hear Cowen explain why, for high-level positions, unstructured interviews are important, why stamina is usually preferable to grit, and why credentials are largely a relic of the past. |
Aug 15, 2022 |
Russ Roberts and Mike Munger on Wild Problems
01:17:20
Waze and Google Maps tell us the best way to get to where we're going. But no app or algorithm can tell us whether we should head there in the first place. To economist Russ Roberts, the reason is simple: Humans are dynamic and aspirational beings. When it comes to making life's big decisions, from what to study to whom to marry or whether to have a child, it's not always us doing the deciding, he argues, but rather the people we want to be. Join the host of EconTalk, the president of Shalem College, and the author of the new book Wild Problems: A Guide to the Decisions that Define Us, as he speaks with friend and EconTalk favorite Michael Munger about why the traditional economic models for decision making can lead us astray--and why life should be less about solving problems than embracing possibilities. |
Aug 08, 2022 |
Gerd Gigerenzer on How to Stay Smart in a Smart World
01:08:32
IBM's super-computer Watson was a runaway success on Jeopardy! But it wasn't nearly as good at diagnosing cancer. This came as no surprise to Max Planck Institute psychologist Gerd Gigerenzer, who argues that when it comes to life-and-death decisions, we'll always need real, not artificial, brains. Listen as the author of How to Stay Smart in a Smart World tells EconTalk host Russ Roberts why computers aren't nearly as smart as we think. But, Gigerenzer says, human beings need to get smarter in order to avoid being manipulated by people who use AI for their own ends. |
Aug 01, 2022 |
John List on Scale, Uber, and the Voltage Effect
01:00:52
Economist John List of the University of Chicago talks about his book, The Voltage Effect, with EconTalk host Russ Roberts. He discusses what determines scalability and argues that the only good ideas that count are those that scale. Along the way, he draws on his experiences as chief economist of Uber and Lyft to peer inside the black box of ride sharing. |
Jul 25, 2022 |
Vinay Prasad on the Pandemic
01:27:17
When it comes to the COVID-19 vaccination, is the risk of myocarditis greater than the benefit to a healthy male teen? Is natural immunity really better than vaccination--and were we right to mask the kids? Dr. Vinay Prasad of the University of California San Francisco talks with EconTalk host Russ Roberts about what we learned and didn't learn from COVID so far and how we should handle a pandemic going forward. |
Jul 18, 2022 |
Nassim Nicholas Taleb on the Nations, States, and Scale
01:05:16
A language, a flag, a national anthem and shared history—like a heart that has to pump harder to support a heavier body, the bigger a nation gets, the harder to curate an identity. Nassim Nicholas Taleb talks about scale and governance with EconTalk host Russ Roberts. Taleb sings the virtues of smaller relative to larger and decentralized as much as possible relative to centralized. Along the way, he provides a framework for Russia's war against Ukraine and explains why the United States has thrived despite its size and scope. |
Jul 11, 2022 |
Ran Abramitzky and Leah Boustan on Immigration Then and Now
01:13:54
Immigration to the United States, say Ran Abramitzky and Leah Boustan, is more novel than short story: It takes decades for new immigrants to catch up economically. But their kids on average thrive economically and have higher rates of upward mobility than American-born kids. Abramitzky and Boustan talk about their book Streets of Gold with EconTalk host Russ Roberts. Using an extraordinary data set of millions of Americans, Boustan and Abramitzky find that today's immigrants and their children are surprisingly similar to yesterday's. |
Jul 04, 2022 |
A.J. Jacobs on Solving Life's Puzzles
01:08:39
How much of life can be solved by algorithms, and how much just can't be solved? Listen as A.J. Jacobs, author of The Puzzler, talks with EconTalk host Russ Roberts about the lessons he learned from solving every kind of puzzle imaginable, including the biggest stumper of all: what it really means to be a human being. |
Jun 27, 2022 |
Roosevelt Montás on Rescuing Socrates
01:20:23
How do books change our lives? Educator and author Roosevelt Montás of Columbia University talks about his book Rescuing Socrates with EconTalk host Russ Roberts. Drawing on his own educational and life journey, Montás shows how great books don't just teach us stuff--they get inside us and make us who we are. |
Jun 20, 2022 |
Sridhar Ramaswamy on Google, Search, and Neeva
01:01:04
Former Google ads boss Sridhar Ramaswamy says that we live in a world that seems to give out free content when we use a search engine. But that world comes with a hidden cost--search results that distort what we find and serve advertisers rather than searchers. Ramaswamy talks with EconTalk host Russ Roberts about how Google works and why he started a new search engine, Neeva, with a different business model. |
Jun 13, 2022 |
Matti Friedman on Leonard Cohen and the Yom Kippur War
01:09:02
In October 1973, an unhappy Leonard Cohen was listening to the radio on his Greek island home when he heard that Israel was at war. He headed to Tel Aviv, exchanging a personal and creative crisis for a national one. Absent a plan and even a guitar, Cohen wound up serenading Israeli soldiers at the front. Journalist Matti Friedman talks about his book Who by Fire with EconTalk host Russ Roberts and explains how a songwriter and a nation were transformed in the crucible of war. |
Jun 06, 2022 |
Ian Leslie on Curiosity
01:07:05
Why are some people incurious? Is curiosity a teachable thing? And why, if all knowledge can be googled, is curiosity now the domain of a small elite? Listen as Ian Leslie, author of Curious, talks with EconTalk host Russ Roberts why curiosity is a critical virtue, why it's now in dangerous decline, and why, when it comes to what sustains long-term fascination, mysteries beat puzzles every time. |
May 30, 2022 |
Diane Coyle on Cogs, Monsters, and Better Economics
01:02:49
Mainstream economics, says author Diane Coyle, keeps treating people like cogs: self-interested, rational agents. But in the digital economy, we're less sophisticated consumer and more monster under the influece of social media. Listen as the economist and former UK Treasury advisor tells EconTalk host Russ Roberts how, for economics to remain relevant, it needs both more diverse methodologies and more engagement with the broader issues of the day. |
May 23, 2022 |
Marc Andreessen on Software, Immortality, and Bitcoin
01:13:48
What's the single best thing happening in technology right now? According to entrepreneur and venture capitalist Marc Andreessen, it's the ability to live in rural Wisconsin but still earn a Silicon Valley salary. Andreessen also explains to EconTalk host Russ Roberts why software is still eating the world, why he's an optimist, and why he's still bullish on Bitcoin and the blockchain. |
May 16, 2022 |
Chris Blattman on Why We Fight
01:08:35
It's tempting to explain Russia's invasion of Ukraine with Putin's megalomania. Economist Chris Blattman of the University of Chicago talks about his book Why We Fight with EconTalk host Russ Roberts. Blattman explains why only a fraction of rivalries ever erupt into violence, the five main reasons adversaries can't arrive at compromise, and the problem with trying to get into Putin's head (and why it's not all about Putin. Really). |
May 09, 2022 |
Dwayne Betts on Ellison, Levi, and Human Suffering
01:23:39
In his memoir of his time in Auschwitz, Primo Levi describes Jewish prisoners bathing in freezing water without soap--not because they thought it would make them cleaner, but because it helped them hold on to their dignity. For poet and author Dwayne Betts, Levi's description of his fellow inmates' suffering, much like the novelist Ralph Ellison's portrayal of early twentieth-century black life in America, is much more than bearing witness to the darkest impulses of mankind. Rather, Betts tells EconTalk host Russ Roberts, both authors' writing turns experiences of inhumanity into lessons on what it means to be a human being. |
May 02, 2022 |
Michael Munger on Antitrust
01:22:25
Are tech giants such as Google, Amazon, or Facebook dangerous? Do they have too much power? Dive into the murky waters of antitrust as Michael Munger of Duke University talks with EconTalk host Russ Roberts about monopoly, antitrust policy, and competition in the 21st century. |
Apr 25, 2022 |
Tyler Cowen on Reading
01:08:46
Intellectual omnivore Tyler Cowen of George Mason University and EconTalk host Russ Roberts talk about their reading habits, their favorite books, and the pile of books on their nightstands right now. |
Apr 18, 2022 |
Russ Roberts on Education
01:01:03
What do crossing rivers and investing in stocks have in common? Real education is seeing the connection between things that seem very different. EconTalk's host Russ Roberts talks about education with Alex Aragona of the podcast, The Curious Task. Roberts argues that the ability to apply insights from one area to another with which we're unfamiliar is one of the ways that real education differs from the mere accumulation of knowledge. And when we combine insights from two areas into something completely new, we can not only navigate rivers and stock markets, but also scale the heights of the human experience. |
Apr 11, 2022 |
Richard Gunderman on Greed, Adam Smith, and Leo Tolstoy
01:05:14
Physician and careful reader Richard Gunderman of Indiana University talks with EconTalk host Russ Roberts about how Adam Smith and Leo Tolstoy looked at greed. Drawing on Tolstoy's short story, "Master and Man," and adding some Thomas Hobbes along the way, Gunderman argues that a life well-lived requires us to rise above our lower desires. Join Gunderman and Roberts for a sleigh ride into a snowy blizzard, where you won't find your way by following rules, but rather by recognizing what needs to be seen. |
Apr 04, 2022 |
Pano Kanelos on Education and UATX
01:14:50
What is real education? What can colleges provide their students? Pano Kanelos, president of the new college-to-be in Austin, UATX, talks with EconTalk host Russ Roberts about the nature of education, what the Great Books can teach us, and how we should rethink college education in today's world. |
Mar 28, 2022 |
Robert Pindyck on Averting and Adapting to Climate Change
01:10:36
Economist Robert Pindyck of MIT talks about his book, Climate Future, with EconTalk host Russ Roberts. Pindyck lays out what we know and do not know about climate change. He argues that because of the nature of greenhouse gases, adaptation must be part of the policy response to climate change. |
Mar 21, 2022 |
Maxine Clark on Building the Build-a-Bear Workshop
01:03:50
Stuff it, fluff it, stitch it, dress it: Build-a-Bear Founder and former CEO Maxine Clark built a retail-entertainment empire by letting people make their own furry friends. Two hundred million of them. What's the secret to her success? Listen as she tells EconTalk's Russ Roberts how she developed a customer-focused culture, why she sought to join (and not beat) her competition, and about some of the (seriously) strange things people have stuffed into their bears. |
Mar 14, 2022 |
Angela Duckworth on Character
01:05:36
Many people think schools are no place for teaching character. Psychologist Angela Duckworth of the University of Pennsylvania and founder of Character Lab, disagrees. She talks with EconTalk's Russ Roberts about the implicit curriculum for character, the critical role early education plays in shaping our adult values, and why the Marshmallow Test doesn't determine our destiny. |
Mar 07, 2022 |
Tamar Haspel on First-Hand Food
01:04:57
What did author and Washington Post columnist Tamar Haspel learn from her quest to eat at least one thing she'd grown, caught, or killed every day? For starters, that just-caught fish always tastes better (unless you've caught a false albacore). That all it takes to build a coop is the will and the right power tools, and that when it comes to homegrown produce, you've got none until you've got way too much. But most of all, she tells EconTalk's Russ Roberts in talking about her book To Boldly Grow, she learned that figuring stuff out to solve problems is more delicious than the most decadent of desserts. |
Feb 28, 2022 |
Luca Dellanna on Compulsion, Self-deception, and the Brain
01:17:52
Why do people eat too much even when they don't want to? Why are there so many bad managers? And why might anti-vaxxers be useful? Luca Dellanna, author of The Control Heuristic, thinks the answers to all of these questions are in our heads, or rather in our basal ganglia. Dellanna talks to EconTalk's Russ Roberts about why both brains and employees need immediate feedback, why we're wired to believe our best guesses, and why addiction is just our brain's way of making sure we survive. |
Feb 21, 2022 |
Michael Eisenberg on the Start-Up Nation, Storytelling, and the Power of Technology
01:11:31
Michael Eisenberg, venture capitalist and the author of The Tree of Life and Prosperity talks with EconTalk host Russ Roberts about the secret of the Start-Up Nation, the role of principles in investing, and why he's optimistic about technology's contribution to humanity. |
Feb 14, 2022 |
John Taylor on Inflation, the Fed, and the Taylor Rule
01:05:14
What's so bad about rising inflation? Why should we aim for a rate of 2 percent? Why is it a problem if interest rates are too low--and what do we mean by inflation, anyway? Stanford University's John Taylor talks with EconTalk host Russ Roberts about these questions, the Taylor Rule, why inflation is rising, and what the Fed should do about it. At the end of the conversation, Taylor discusses whether stimulus stimulates and the dangers of the national debt. |
Feb 07, 2022 |
Moshe Koppel on Norms, Tradition, and Resilient Societies
01:09:22
Traditions and norms can seem at best out-of-touch and at worst offensive to many a modern mind. But Israeli computer scientist and Talmud scholar Moshe Koppel argues that traditions and norms--if they evolve slowly--create trust, develop our capacity for deferred gratification, and even, in the case of how we prepare cassava, protect us from poisoning. Listen as the author of Judaism Straight Up: Why Real Religion Endures talks with EconTalk Russ Roberts about tradition, religion, tribalism, resilience, and emergent order. |
Jan 31, 2022 |
Penny Lane on Loving and Loathing Kenny G
01:25:16
Love it or hate it, but you've definitely heard it: the so-called "smooth jazz" of saxophonist Kenny G. Filmmaker Penny Lane talks about her documentary, Listening to Kenny G with EconTalk host Russ Roberts. They discuss the pursuit of perfection, the power of vulnerability in art, and why Kenny G is loved by the people and reviled by the critics. |
Jan 24, 2022 |
Tyler Cowen and Russ Roberts on Nation, Immigration, and Israel
01:16:34
Can Israeli society survive the loss of universal military service? Will the deregulation of Israel's kosher supervision spell the end of its Jewish character? And, speaking of Israel, what is it that makes its television dramas so good? Tyler Cowen discusses these and other subjects with EconTalk host Russ Roberts, new immigrant to Israel and unabashed fan of the Prisoners of War miniseries and Homer's Odyssey. |
Jan 17, 2022 |
Gregory Zuckerman on the Crazy Race to Create the COVID Vaccine
01:22:55
In the race for a COVID vaccine, how did a couple of companies who had never produced a successful vaccine make it to the finish line so quickly? Gregory Zuckerman talks about his book, A Shot to Save the World, with EconTalk's Russ Roberts about the daring, deranged, and damaged visionaries behind one of science and medicine's great success stories. |
Jan 10, 2022 |
Lorne Buchman on Creativity, Leadership, and Art
01:09:14
When we see Michaelangelo's David or the design of the Apple Store, we assume a genius with a predetermined vision was the key to the outcome. Yet as Lorne Buchman, author of Make to Know, tells EconTalk's Russ Roberts, great art is more about embracing the process of exploration and the results that emerge in the process of creating. Buchman makes the case for embracing uncertainty in both leadership and life. |
Jan 03, 2022 |
Megan McArdle on Belonging, Home, and National Identity
01:20:37
After being stranded with a bunch of Brits for eight hours at a German airport in 2016, journalist Megan McArdle felt that Brexit was going to happen. The giveaway? Not the concerns over economics or politics. Rather, it was about something far more elemental: in whom they could place their trust. Join the journalist and Washington Post columnist for a discussion with EconTalk host Russ Roberts of the late British philosopher Roger Scruton's poetic exploration of home and nation, Where We Are: The State of Britain Now, and a discussion of why, when it comes to loyalties, it's our mates that matter. |
Dec 27, 2021 |
Michael Munger on Constitutions
01:06:29
More than we need rules, argues Michael Munger, we need rules about the rules. So does the United States need a new Constitution? Listen as the Duke University economist and political scientist talks to host Russ Roberts about public choice, consenting to coercion, and whether constitutions matter. |
Dec 20, 2021 |
Frank Rose on Internet Narratives
01:08:35
Once it was The Shadow radio show; now it's the podcast Serial. Is every old storytelling medium new again? Frank Rose, author of The Sea We Swim In, concedes that some things remain sacred--from the power of a great hook to the hope that great stories never end. But he also thinks the Internet has led to new kinds of stories, ones that are not just entertaining, but immersive, and whose worlds are more richly imaginative than ever--even as they leave increasingly little to our imagination. |
Dec 13, 2021 |
Michael Faye and Paul Niehaus on GiveDirectly
01:14:06
Economic theory teaches that people make choices that provide them with the greatest benefit. So why not extend this idea to the realm of charity? Economists and social entrepreneurs Michael Faye and Paul Niehaus of GiveDirectly argue that giving people cash with no strings attached is the most cost-effective means of helping the poorest people in the world and their communities. |
Dec 06, 2021 |
Nina Kraus on Hearing, Noise, and Of Sound Mind
01:12:27
We undervalue our sense of hearing and we under-appreciate the impact sweet sounds and disturbing noises have on our well-being. Neuroscientist Nina Kraus of Northwestern University talks about her book, Of Sound Mind. Kraus argues that our listening affects our minds and brains in ways we ignore at our peril. |
Nov 29, 2021 |
Eric Jacobus on the Art and Science of Violence
01:27:19
Stuntman and action designer Eric Jacobus joins EconTalk host Russ Roberts for a no-holds-barred discussion of the biological basis for violence and how to avoid the worst of it, the value of violence as spectator sport, and the vast superiority of duels to feuds--Alexander Hamilton notwithstanding. |
Nov 22, 2021 |
Emily Oster on the Family Firm
01:02:12
Author and economist Emily Oster of Brown University talks about her book, The Family Firm, with EconTalk host Russ Roberts. Oster argues that running your family life the way you'd run your own business makes for a better family in today's crazy world. And where possible, the myriad of decisions you make should be based on hard data, at least when it's available. |
Nov 15, 2021 |
Sandra Faber on the Future of the Earth
01:28:56
Of all the scenarios that keep astrophysicist Sandra Faber up at night, it's not the Earth's increasing volcanism, the loss of photosynthesis, or even the impact of a massive asteroid. Rather, it's the collapse she's certain will result from the unbridled growth of the world's economies. Join Faber and EconTalk host Russ Roberts as they explore what the most inexorable law of physics has to do with economics and whether the world's growing economies pose a problem or provide the solution for the finiteness of planet Earth. |
Nov 08, 2021 |
Jennifer Frey on Education, Philosophy, and the University
01:05:53
Philosopher Jennifer Frey of the University of South Carolina talks about the state of the university in American education. Frey urges a stronger focus on virtue and human flourishing and a reduced focus on career preparation. Roberts, despite his sympathy with the examined life, challenges the virtue of philosophical enquiry. At the end of the conversation, both guest and host defend philosophy. |
Nov 01, 2021 |
Paul Bloom on Happiness, Suffering, and the Sweet Spot
01:09:03
Author and psychologist Paul Bloom of the University of Toronto talks about his book, The Sweet Spot, with EconTalk host Russ Roberts. Bloom argues that suffering is underrated--suffering is part of happiness and meaning. This is a wide-ranging discussion of popular culture, religion, and what we hope to get out of life. |
Oct 25, 2021 |
Rowan Jacobsen on Truffle Hound
01:07:43
Journalist and author Rowan Jacobsen talks about his book Truffle Hound with EconTalk host Russ Roberts. This conversation has nothing to do with chocolate. It's about the strange world of underground fungi, found in the forest by specially trained dogs and used by chefs and home cooks around the world. You will learn about truffle oil, cooking with truffles, truffle hounds, and the economics of all of the above. |
Oct 18, 2021 |
Sam Quinones on Meth, Fentanyl, and the Least of Us
01:22:12
Author and journalist Sam Quinones talks about his book, The Least of Us, with EconTalk host Russ Roberts. Quinones focuses on the devastation caused by methamphetamine and fentanyl, the latest evolution of innovation in the supply of mind-altering drugs in the United States. The latest versions of meth, he argues, are more emotionally damaging than before and have played a central role in the expansion of the homeless in tent encampments in American cities. The conversation includes an exploration of the rising number of overdose deaths in the United States and what role community and other institutions might play in reducing the death toll. |
Oct 11, 2021 |
Arnold Kling on Reforming Government and Expertise
01:03:59
Economist and author Arnold Kling talks about improving government regulation with EconTalk host Russ Roberts. Kling suggests ways to improve the administrative state--the agencies and regulatory bodies that often write the regulations that they enforce. The conversation concludes with Kling's idea for holding public intellectuals accountable for their pronouncements. |
Oct 04, 2021 |
Noreena Hertz on the Lonely Century
01:05:06
Author and economist Noreena Hertz of University College London talks about her book, The Lonely Century, with EconTalk host Russ Roberts. Hertz blames social media and the individualist, pro-capitalism worldviews of leaders like Margaret Thatcher and Ronald Reagan for the rise in loneliness in the developed world. Russ suggests some alternative causes. The result is a lively conversation about understanding and explaining social trends. |
Sep 27, 2021 |
David Henderson on the Essential UCLA School of Economics
01:07:21
Economist and author David Henderson talks about his book (co-authored with Steve Globerman) The Essential UCLA School of Economics with EconTalk host Russ Roberts. Much of the conversation focuses on the work of Armen Alchian and Harold Demsetz, who both saw economics as a powerful tool for understanding human behavior and how the world works. |
Sep 20, 2021 |
Glen Weyl on Antitrust, Capitalism, and Radical Reform
01:05:55
Author and Microsoft executive Glen Weyl talks about radical reforms of capitalism with EconTalk host Russ Roberts. Weyl is worried about the concentration of corporate power, especially in the tech sector. But rather than use the traditional tools of antitrust, he has a more radical strategy for reorganizing corporate governance entirely. |
Sep 13, 2021 |
Johann Hari on Lost Connections
01:35:22
Author and journalist Johann Hari talks about his book, Lost Connections: Why You Are Depressed and How to Find Hope, with EconTalk host Russ Roberts. Hari, who has suffered with depression as a teenager and an adult, offers a sweeping critique of the medical establishment's understanding of depression and the frequent reliance on pharmaceutical treatments. Hari argues that it is our lost connections with each other, with our work, and with ourselves that explains the rise in depression in recent times. |
Sep 06, 2021 |
Bret Devereaux on Ancient Greece and Rome
01:16:51
Historian Bret Devereaux of the University of North Carolina talks with EconTalk host Russ Roberts about our understanding of the ancient Greeks and Romans. Devereaux highlights the gap between the reality of Greece and Rome and how they're portrayed in popular culture. The conversation focuses on the diversity of ancient Rome and the military prowess of Sparta. |
Aug 30, 2021 |
Michael Heller and James Salzman on Mine!
01:09:44
Law professors Michael Heller and James Salzman talk about their book, Mine! with EconTalk host Russ Roberts. Heller and Salzman argue that ownership is trickier and more complicated than it looks. While we tend to think of something as either mine or not mine, there's often ambiguity and a continuum about who owns what. Salzman and Heller explore a wide and surprising range of property rights from everyday life. The conversation includes a discussion of the insights of Ronald Coase on the assignment of property rights when rights conflict. |
Aug 23, 2021 |
Nicholas Wapshott on Samuelson and Friedman
01:08:56
Journalist and author Nicholas Wapshott talks about his book Samuelson Friedman with EconTalk host Russ Roberts. Milton Friedman and Paul Samuelson were two of the most influential economists of the last century. They competed for professional acclaim and had very different policy visions. The conversation includes their differences over the work of Keynes, their rivalry in their columns at Newsweek, and a discussion of their intellectual and policy legacies. |
Aug 16, 2021 |
Michael Munger on Free Markets
01:10:16
Author and economist Michael Munger of Duke University talks with EconTalk host Russ Roberts about the virtues--and the flaws--of free markets. Munger says the best argument for a free market approach is not that it's perfect but that it's better than anything else we've been able to come up with over the centuries. Better at bringing people out of poverty, better at promoting wealth creation, and better at pushing up the standard of living for most of the people, most of the time. Topics include what exactly is a free market, why specialization is so important, the case for case-by-case intervention, and the challenge of picking the prettiest pig. |
Aug 09, 2021 |
Jonathan Rauch on the Constitution of Knowledge
01:02:36
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Aug 02, 2021 |
James Heckman on Inequality and Economic Mobility
01:23:40
Economist and Nobel Laureate James Heckman of the University of Chicago talks about inequality and economic mobility with EconTalk host Russ Roberts. Drawing on research on inequality in Denmark with Rasmus Landerso, Heckman argues that despite the efforts of the Danish welfare state to provide equal access to education, there is little difference in economic mobility between the United States and Denmark. The conversation includes a general discussion of economic mobility in the United States along with a critique of Chetty and others' work on the power of neighborhood to determine one's economic destiny. |
Jul 26, 2021 |
Michael Easter on the Comfort Crisis
01:13:08
Journalist and author Michael Easter talks about his book The Comfort Crisis with EconTalk host Russ Roberts. Easter thinks modern life is too easy, too comfortable. To be healthy, he says, we need to move out of our comfort zones and every once in a while try to do something, especially something physically demanding, that we didn't think was possible. Easter discusses rising levels of anxiety and depression in the West and why taking on challenges can be part of the solution. |
Jul 19, 2021 |
Don Boudreaux on the Pandemic
01:10:53
Economist Don Boudreaux of George Mason University talks about the pandemic with EconTalk host Russ Roberts. Boudreaux argues that a perfect storm of factors created a huge overreaction, including unnecessary lockdowns that accomplished little at a very high cost in physical and emotional health. Instead, Boudreaux argues, we should have focused attention on the population most at risk of dying from COVID--the elderly and especially the elderly with co-morbidities. The conversation includes a discussion of externalities and the insights of Ronald Coase applied to the policies during the pandemic. |
Jul 12, 2021 |
Claudia Hauer on War, Education, and Strategic Humanism
01:11:56
Claudia Hauer of St. John's College and the Air Force Academy talks about her book Strategic Humanism with EconTalk host Russ Roberts. Topics discussed include war, rage, terrorism, and what a modern warrior might learn from Homer. |
Jul 05, 2021 |
Sebastian Junger on Freedom
01:01:53
Journalist and author Sebastian Junger talks about his book, Freedom, with EconTalk host Russ Roberts. The book and conversation are based on a 400-mile walk Junger took with buddies along railroad rights-of-way, evading police, railroad security, and other wanderers. Junger discusses the ever-present tension between the human desire to be free and the desire to be interconnected and part of something. Along the way, Junger talks about the joy of walking, the limits of human endurance, war, and why the more powerful, better-equipped military isn't always the winner. |
Jun 28, 2021 |
Anja Shortland on Lost Art
01:12:13
Economist and author Anja Shortland of King's College London talks about her new book, Lost Art, with EconTalk host Russ Roberts. When a famous painting disappears into the underworld of stolen art, how does it make its way back into the legitimate world of auction houses and museums? Drawing on the archives of a private database of stolen objects--the Art Loss Register--Shortland discusses the economics of the art world when objects up for sale may be the result of theft. |
Jun 21, 2021 |
Donald Shoup on the Economics of Parking
01:08:33
Author and economist Donald Shoup of UCLA talks about destructive parking policies with EconTalk host Russ Roberts. Shoup argues that most parking policies inflict unseen damage on the economy. He urges cities to charge for curbside parking and use the proceeds to improve the neighborhood beyond the curb. Shoup also explains the surprising harm done by requiring new buildings to provide a minimum level of off-street parking. |
Jun 14, 2021 |
Ian Leslie on Conflicted
01:14:01
Author Ian Leslie talks about his book Conflicted with EconTalk host Russ Roberts. Leslie argues that, far from being a negative thing, conflict is often the essential ingredient that helps us get to the right answer or best solution. Because some of our best thinking comes in collaboration with others, learning how to disagree civilly when our views conflict is the key to productive conversation in business and in marriage. The conversation includes a surprising defense of confirmation bias. |
Jun 07, 2021 |
Bruce Meyer on Poverty
01:11:44
Economist Bruce Meyer of the University of Chicago talks about poverty with EconTalk host Russ Roberts. In recent years, a number of scholars have claimed that millions of Americans live in extreme poverty, akin to the standard of living in the poorest countries around the world. Meyer argues that these studies are based on flawed surveys or particular assumptions that may not be justified. The conversation also addresses broader challenges around measuring mobility and the American Dream. |
May 31, 2021 |
Jason Riley on Race in America
01:05:39
Journalist and author Jason Riley talks about race with EconTalk host Russ Roberts. Riley argues that the challenges facing Black America go beyond racial discrimination and the threat of police violence. He argues that both the history of Black Americans and the current situation has been distorted by activists who benefit from that distorted picture. |
May 24, 2021 |
Julia Galef on the Scout Mindset
01:07:10
Podcaster and author Julia Galef talks about her book The Scout Mindset with EconTalk host Russ Roberts. Galef urges us to be more rational--to be open-minded about what we might discover about the world--rather than simply defend what we already believe, which she calls the soldier mindset. The conversation is a wide-ranging discussion of our biases and the challenges of viewing the world objectively. |
May 17, 2021 |
Agnes Callard on Anger
01:25:26
Philosopher Agnes Callard of the University of Chicago talks with EconTalk host Russ Roberts about anger. Is anger something we should vilify and strive to eradicate in ourselves? Or should we accept it as a necessary and appropriate human emotion? Callard takes a fresh look at anger and has much to say about jealousy, desire, and forgiveness as well. |
May 10, 2021 |
Katy Milkman on How to Change
01:08:19
Behavioral scientist Katy Milkman of the Wharton School at the University of Pennsylvania talks about her book How to Change with EconTalk host Russ Roberts. What can we learn from research in psychology and behavioral economics about breaking the habits we want to change? Is that research reliable? And should Russ Roberts accept being overweight or keep working at finding the thinner man trying to get out? |
May 03, 2021 |
Roya Hakakian on A Beginner's Guide to America
01:09:43
Author and poet Roya Hakakian talks about her latest book, A Beginner's Guide to America: For the Immigrant and the Curious with EconTalk host Russ Roberts. Hakakian was born in Iran and came to the United States as a 19 year-old, not speaking any English, and carrying only the things she could stuff in her backpack. She tells Russ about the love affair she's had with her adopted country as well as where there is room for improvement. |
Apr 26, 2021 |
Mark Rank on Poverty and Poorly Understood
01:08:47
Sociologist and author Mark Rank talks about his book, Poorly Understood, with EconTalk host Russ Roberts. Rank looks at a wide variety of aspects of poverty. He argues that many widely-held views on poverty are inaccurate, and in particular he argues that most Americans will be poor at some point in their lives. This is a wide-ranging and lively conversation on the nature of poverty and the challenge of ending or reducing it. |
Apr 19, 2021 |
Emiliana Simon-Thomas on Happiness
01:32:01
Psychologist Emiliana Simon-Thomas of the University of California, Berkeley talks with EconTalk host Russ Roberts about the science of happiness--what research can teach us about happiness. |
Apr 12, 2021 |
Tyler Cowen on the Pandemic, Revisited
01:14:48
Blogger, author, podcaster, economist Tyler Cowen of George Mason University discusses the lessons learned from the pandemic with EconTalk host Russ Roberts. Appearing roughly one year after his first conversation on the pandemic, Cowen revisits the predictions he made then and what he has learned for the next time. |
Apr 05, 2021 |
Max Kenner on Crime, Education, and the Bard Prison Initiative
01:07:27
Max Kenner, founder and executive director of the Bard Prison Initiative--which offers college degrees to prisoners--talks with EconTalk host Russ Roberts about the program, which replicates the coursework of students at Bard College. The Bard Prison Initiative was profiled in a four-part PBS documentary, College Behind Bars. Kenner talks about the origins of the program, what students experience, and the injustice he sees in both the criminal justice system and the educational system in the United States. |
Mar 29, 2021 |
Megan McArdle on Catastrophes and the Pandemic
01:18:44
Whether it's a pandemic or a Texas-sized ice storm that leaves millions of people without power, we'd like to avoid a repetition. Megan McArdle of the Washington Post talks with EconTalk host Russ Roberts about the challenge of learning the right lessons from the current crisis in order to prevent the next one. McArdle argues that we frequently learn the wrong lessons from the past in trying to prevent the harm from the catastrophes that might be waiting in our future. |
Mar 22, 2021 |
Sherry Turkle on Family, Artificial Intelligence, and the Empathy Diaries
01:27:51
Psychologist and author Sherry Turkle of MIT talks about her book, The Empathy Diaries, with EconTalk host Russ Roberts. The Empathy Diaries is a memoir about Turkle's secretive family and how that secrecy turned Turkle into an acute observer, skilled at revealing the story behind the story. She also chronicles the early days of artificial intelligence and the evolution of the computer. Topics in this conversation include the challenges of family, the role of technology in our lives, the limits of artificial intelligence, and the importance of Bambi. |
Mar 15, 2021 |
Leon Kass on Human Flourishing, Living Well, and Aristotle
01:16:01
Leon Kass, long-time teacher of classic works at the University of Chicago and now Dean of Faculty at Shalem College in Jerusalem, talks about human flourishing with EconTalk host Russ Roberts. Drawing on an essay from his book, Leading a Worthy Life, Kass gives a broad overview of Aristotle's ideas on how to live.
This episode also discusses the listeners' votes for their Top 10 EconTalk podcast episodes for 2020. |
Mar 08, 2021 |
Michael Munger on Desires, Morality, and Self-Interest
01:14:15
Economist and author Michael Munger of Duke University talks about human wants and desires with EconTalk host Russ Roberts. Human beings have desires about our desires. Can we change what we want? And how should economists and normal human beings think about doing the right thing, what we often call morality? Is acting morally self-interested behavior or is it possible to act selflessly? |
Mar 01, 2021 |
John Cochrane on the Pandemic
01:08:28
Would the impact of the pandemic have been different if government and policymakers had been more open to more market-based responses and less committed to a top-down approach? Economist John Cochrane of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the pandemic and the policy response. Cochrane believes outcomes would have been much better if governments, in the United States and elsewhere, had embraced approaches that relied more on market forces. |
Feb 22, 2021 |
Dana Gioia on Learning, Poetry, and Studying with Miss Bishop
01:35:44
Poet and author Dana Gioia talks about his book Studying with Miss Bishop with EconTalk host Russ Roberts. They talk about the craft of being a poet, the business world, mentorship, loss, why poetry no longer seems to matter, and how it might begin to matter again. |
Feb 15, 2021 |
Lamorna Ash on Dark, Salt, Clear
01:14:21
Lamorna Ash talks about her book Dark, Salt, Clear with EconTalk host Russ Roberts. Ash leaves London and moves to the small fishing village of Newlyn, near where her mother grew up on the Cornish coast. In Newlyn, everything revolves around fishing. Ash gets herself a bunk on a trawler and quickly learns how to gut fish with sharp knives on a rocking boat in the middle of the night. And so much more. |
Feb 08, 2021 |
Michael McCullough on the Kindness of Strangers
01:21:07
Author and psychologist Michael McCullough of the University of California, San Diego talks about his book The Kindness of Strangers with EconTalk host Russ Roberts. McCullough traces the history of human empathy and tries to explain why we care about the welfare of people we don't even know. |
Feb 01, 2021 |
Scott Newstok on How to Think Like Shakespeare
01:09:12
Author Scott Newstok of Rhodes College talks about his book, How to Think Like Shakespeare, with EconTalk host Russ Roberts. Newstok draws on Shakespeare and other great writers and thinkers to explore the nature of education and the life well-lived. See also the Transcript/Highlights and Delve Deeper/Additional readings materials --all available at econtalk.org. |
Jan 25, 2021 |
Gary Shiffman on the Economics of Violence
00:59:04
Economist and author Gary Shiffman of Georgetown University talks about his book, The Economics of Violence, with EconTalk host Russ Roberts. Shiffman argues that we should view terrorism, insurgency, and crime as being less about ideology and more about personal expression and entrepreneurship. He argues that approaching these problems as economists gives us better tools for fighting them. |
Jan 18, 2021 |
Don Boudreaux on Buchanan
01:16:17
Economist and author Don Boudreaux of George Mason University discusses the life and work of the economist James Buchanan with EconTalk host Russ Roberts. Buchanan received the Nobel Prize in 1986 for his work creating and developing public choice--the field which applies the tools of economics to politicians and political behavior. After discussing the importance of public choice, Boudreaux and Roberts focus on two contrarian articles of Buchanan's where he argues for the importance of markets and life as processes rather than problems to be solved analytically. |
Jan 11, 2021 |
Matthew Crawford on Why We Drive
01:15:19
Author Matthew Crawford talks about his book Why We Drive with EconTalk host Russ Roberts. The conversation is about driving but also much more: how human beings interact with technology and what we gain and give up when we embrace technology driven by corporate profit-seeking. |
Jan 04, 2021 |
Michael Blastland on the Hidden Half
01:14:45
Author Michael Blastland talks about his book The Hidden Half with EconTalk host Russ Roberts. Blastland argues that the deeper you delve into science, medicine, astrophysics--pick a topic--the more you realize there is a lot we don't understand. Things we can't explain. Blastland believes we would all do well to admit that and stop pretending that everything is knowable and every problem solvable. |
Dec 28, 2020 |
Jay Bhattacharya on the Pandemic
01:20:58
Economist and physician Jay Bhattacharya of Stanford University talks about the pandemic with EconTalk host Russ Roberts. Bhattacharya, along with Sunetra Gupta of the University of Oxford and Martin Kulldorff of Harvard University, authored The Great Barrington Declaration, which advocates a very different approach to fighting the pandemic than current policy and practice. Bhattacharya and his colleagues argue the best way to reduce overall harm is to focus protection efforts on those most at risk, while allowing low-risk populations to return to a more normal way of life. Bhattacharya argues that we have greatly neglected the costs of lockdown and self-quarantine. |
Dec 21, 2020 |
Katherine Levine Einstein on Neighborhood Defenders
01:02:45
Why is affordable housing in such short supply? Author and political scientist Katherine Levine Einstein of Boston University talks about her book Neighborhood Defenders with EconTalk host Russ Roberts. Einstein focuses on the ability of local residents to use the zoning and permit process to prevent development of housing or to reduce the amount of housing that can be built. |
Dec 14, 2020 |
Branko Milanovic on the Big Questions of Economics
01:22:39
Author and economist Branko Milanovic of CUNY talks about the big questions in economics with EconTalk host Russ Roberts. Milanovic argues that the Nobel Prize Committee is missing an opportunity to encourage more ambitious work by awarding the prize to economists tackling questions like the rise of China's economy and other challenging but crucial areas of scholarship. In the conversation, he lays out what those questions might be and discusses what we know and don't know in these areas. |
Dec 07, 2020 |
Emily Oster on the Pandemic
01:04:26
Economist and author Emily Oster of Brown University talks with EconTalk host Russ Roberts about the challenge of reopening schools in a pandemic. Oster has been collecting data from K-12 schools around the country. Her preliminary analysis finds little evidence that schools are super-spreaders of COVID. She argues that closing schools comes at a high cost for the students with little benefit in reducing the spread of the disease. The conversation ends with a discussion of parenting. |
Nov 30, 2020 |
Daniel Haybron on Happiness
01:24:01
Philosopher and author Daniel Haybron of St. Louis University talks about his book, Happiness, with EconTalk host Russ Roberts. Happiness turns out to be a little more complicated than it sounds. Haybron discusses the good life and different philosophical perspectives on how to achieve happiness. |
Nov 23, 2020 |
Virginia Postrel on Textiles and the Fabric of Civilization
01:06:40
Author and journalist Virginia Postrel talks about her book The Fabric of Civilization and How Textiles Made the World with EconTalk host Russ Roberts. Postrel tells the fascinating story behind the clothes we wear and everything that goes into producing them throughout history. The history of textiles, Postrel argues, is a good way of understanding the history of the world. |
Nov 16, 2020 |
Steven Levitt on Freakonomics and the State of Economics
01:33:36
Author and economist Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago and host of the podcast "People I (Mostly) Admire." He is best known as the co-author, with Stephen Dubner, of Freakonomics. The book, published in 2005, became a phenomenon, selling more than 5 million copies in 40 languages. Levitt talks with EconTalk host Russ Roberts about the book's surprising success, the controversy it generated, and how it shaped his career. Levitt says, for him, "economics is about going into the world and finding puzzles and thinking about how understanding incentives or markets might help us get a better grasp of what's really going on." |
Nov 09, 2020 |
Rob Wiblin and Russ Roberts on Charity, Science, and Utilitarianism
01:47:17
Rob Wiblin, host of the 80,000 Hours podcast, interviews EconTalk host Russ Roberts about charity, the reliability of data to inform decision-making, and utilitarianism. |
Nov 02, 2020 |
Fredrik deBoer on the Cult of Smart
01:17:09
Author and journalist Fredrik deBoer discusses his book The Cult of Smart with EconTalk host Russ Roberts. DeBoer argues that there is little that can be done to change the distribution of success in K-12 education. He argues that educational reforms like charter schools and No Child Left Behind are doomed to failure. At the end of the conversation, deBoer, a self-described Marxist, makes the case for a radical re-imagining of the U.S. economy. |
Oct 26, 2020 |
Dwayne Betts on Reading, Prison, and the Million Book Project
01:32:44
Author, lawyer, and poet Dwayne Betts talks about his time in prison and the power of reading with EconTalk host Russ Roberts. Betts is the founder of the Million Book Project, which aims to put a small library of great books in 1,000 U.S. prisons. Betts discusses his plans for the project and how reading helped him transform himself. |
Oct 19, 2020 |
Anne Applebaum on the Twilight of Democracy
01:00:12
Journalist and author Anne Applebaum talks about her book, Twilight of Democracy, with EconTalk host Russ Roberts. Applebaum discusses the rise of populist and nationalist movements in Eastern Europe as well as in the West, and the appeal of these movements even when they begin to erode or destroy democracy. |
Oct 12, 2020 |
Zena Hitz on Lost in Thought
01:29:49
Philosopher and author Zena Hitz of St. John's College talks about her book, Lost in Thought, with EconTalk host Russ Roberts. Hitz defends learning for its own sake--learning that has nothing to do with passing an exam or preparing for a career. For Hitz, learning is a refuge and an essential part of what makes us human. |
Oct 05, 2020 |
Agnes Callard on Aspiration
01:23:30
Where do our deepest personal values come from? Can we choose those values? Philosopher and author Agnes Callard of the University of Chicago talks about her book, Aspiration, with EconTalk host Russ Roberts. Callard explores the challenge of aspiration--who we are versus who we would like to become. How does aspiration work? How can we transform ourselves when we cannot know how it will feel to be transformed? Callard discusses these questions and more in this provocative episode. |
Sep 28, 2020 |
Lisa Cook on Racism, Patents, and Black Entrepreneurship
01:08:52
How much has racism held back the U.S. economy? What would the country look like today if Black entrepreneurs and inventors had been welcomed and encouraged over the past century and a half? Economist Lisa Cook of Michigan State University talks with EconTalk host Russ Roberts about her research into the impact of racism, lynching, and segregation on Black inventors and entrepreneurs. |
Sep 21, 2020 |
Robert Chitester on Milton Friedman and Free to Choose
01:05:13
Once upon a time, a man had an idea for a documentary on free-market ideas. Then that man was introduced to Milton Friedman. The result of their collaboration was a wildly successful book and PBS series, Free to Choose, capturing Friedman's view of the world, how markets work, and the role of individual liberty in free-market economies. The man behind that documentary, Robert Chitester, talks with EconTalk host Russ Roberts about how that documentary came about and Chitester's long-time friendship and work with Milton and Rose Friedman. |
Sep 14, 2020 |
Margaret Heffernan on Uncharted
01:04:19
How do we prepare for a future that is unpredictable? That's the question at the heart of Margaret Heffernan's new book, Uncharted: How to Navigate the Future. Heffernan is a professor at the University of Bath, but she is also a serial entrepreneur, a former CEO, and the author of five books on leadership, innovation, and the challenge of unleashing talent and creativity in large organizations. In this wide-ranging conversation with EconTalk host Russ Roberts, Heffernan discusses the central thesis of her book: The future may be unpredictable, but that doesn't mean you can't prepare for it. And smart organizations and people can learn how to do it. |
Sep 07, 2020 |
Matt Ridley on How Innovation Works
01:11:08
What's the difference between invention and innovation? Could it be that innovation--the process of making a breakthrough invention available, affordable, and reliable--is actually the hard part? In this week's EconTalk episode, author Matt Ridley talks about his book How Innovation Works with EconTalk host Russ Roberts. Ridley argues that we give too much credit to inventors and not enough to innovators--those who refine and improve an invention to make it valuable to users. Along the way, he emphasizes the power of trial and error and the importance of permissionless innovation. |
Aug 31, 2020 |
Franklin Zimring on When Police Kill
01:03:39
Franklin Zimring's 2017 book, When Police Kill, starts with an alarming statistic: Roughly 1,000 Americans die each year at the hands of police. Zimring, criminologist and law professor at the University of California at Berkeley, talks about his book with EconTalk host Russ Roberts. Zimring argues that better policing practices can reduce the number of citizens killed by the police. He also discusses the barriers that stand in the way of more effective and safer policing. |
Aug 24, 2020 |
Michael Munger on the Future of Higher Education
01:07:55
In this c750th (!) episode, Duke University's Michael Munger talks with EconTalk host Russ Roberts about whether the pandemic might create an opportunity for colleges and universities to experiment and innovate. Munger is Professor of Political Science, Economics and Public Policy at Duke. He believes "top" schools can emerge from the current period of uncertainty to thrive in the long run. The path for "second-tier" institutions could be more difficult. They will still face the challenges that existed before the pandemic: competition from online classes and a shrinking pool of new applicants ready to pay high tuition bills. |
Aug 17, 2020 |
Ben Cohen on the Hot Hand
01:08:52
Journalist and author Ben Cohen talks about his book, The Hot Hand, with EconTalk host Russ Roberts. At times in sports and elsewhere in life, a person seems to be "on fire," playing at an unusually high level. Is this real or an illusion? Cohen takes the listener through the scientific literature on this question and spreads a very wide net to look at the phenomenon of being in the zone outside of sports. Topics include Shakespeare, investing, Stephen Curry, and asylum judges. |
Aug 10, 2020 |
John Kay and Mervyn King on Radical Uncertainty
01:14:10
John Kay and Mervyn King talk about their book, Radical Uncertainty, with EconTalk host Russ Roberts. This is a wide-ranging discussion based on the book looking at rationality, decision-making under uncertainty, and the economists' view of the world. |
Aug 03, 2020 |
Nassim Nicholas Taleb on the Pandemic
01:07:44
Nassim Nicholas Taleb talks about the pandemic with EconTalk host Russ Roberts. Topics discussed include how to handle the rest of this pandemic and the next one, the power of the mask, geronticide, and soul in the game. |
Jul 27, 2020 |
Glenn Loury on Race, Inequality, and America
00:57:32
Economist and author Glenn Loury of Brown University talks about race in America with EconTalk host Russ Roberts. |
Jul 20, 2020 |
Josh Williams on Online Gaming, Blockchain, and Forte
01:13:56
Josh Williams, co-founder and CEO of the blockchain gaming company Forte, talks with EconTalk host Russ Roberts about the state of online gaming and the potential of a blockchain-based gaming platform to create market economies with property rights within online games. |
Jul 13, 2020 |
Robert Lerman on Apprenticeships
01:03:12
Economist Robert Lerman of the Urban Institute talks about apprenticeships with EconTalk host Russ Roberts. Lerman argues that apprenticeships--a combination of work experience and classroom learning--have the potential to expand opportunities for young people who don't want to attend college. |
Jul 06, 2020 |
Vivian Lee on The Long Fix
01:04:35
Physician and author Vivian Lee talks about her book The Long Fix with EconTalk host Russ Roberts. Lee argues that we can transform health care in the United States, though it may take a while. She argues that the current fee-for-service system incentivizes doctors to provide services rather than keep patients healthy and that these are not the same thing. Topics explored include innovations in Medicare and in technology that might change treatment incentives as well as the weird world of health care pricing. |
Jun 29, 2020 |
Agnes Callard on Philosophy, Progress, and Wisdom
01:09:24
Philosopher and author Agnes Callard talks with EconTalk host Russ Roberts about the state of philosophy, the power of philosophy, and the search for wisdom and truth. This is a wide-ranging conversation related to the question of how we learn, how to behave ethically, and the role of religion and philosophy in encouraging good behavior. |
Jun 22, 2020 |
Diane Ravitch on Slaying Goliath
01:02:18
Author and historian Diane Ravitch of New York University talks about her book, Slaying Goliath, with EconTalk host Russ Roberts. Ravitch argues that the charter school movement is a failure and that it drains needed money from public schools. |
Jun 15, 2020 |
Rebecca Henderson on Reimagining Capitalism
01:06:20
Author and economist Rebecca Henderson of the Harvard Business School talks about her book Reimagining Capitalism in a World on Fire with EconTalk host Russ Roberts. Henderson argues that the focus on shareholder value threatens to destroy capitalism from within. Henderson argues that business leaders need to manage their companies differently in order to create a more humane and stable capitalism. |
Jun 08, 2020 |
Sarah Carr on Charter Schools, Educational Reform, and Hope Against Hope
01:00:56
Journalist and author Sarah Carr talks about her book Hope Against Hope with EconTalk host Russ Roberts. Carr looked at three schools in New Orleans in the aftermath of Hurricane Katrina and chronicled their successes, failures, and the challenges facing educational reform in the poorest parts of America. |
Jun 01, 2020 |
Martin Gurri on the Revolt of the Public
01:11:31
Author Martin Gurri, Visiting Fellow at George Mason University's Mercatus Center, talks about his book The Revolt of the Public with EconTalk host Russ Roberts. Gurri argues that a digital tsunami--the increase in information that the web provides--has destabilized authority and many institutions. He talks about the amorphous nature of recent populist protest movements around the world and where we might be headed politically and culturally. |
May 25, 2020 |
Robert Pondiscio on How the Other Half Learns
01:20:46
Author and teacher Robert Pondiscio of the Thomas B. Fordham Institute talks about his book How the Other Half Learns with EconTalk host Russ Roberts. Pondiscio shares his experience of being embedded in a Success Academy Charter School in New York City for a year--lessons about teaching, education policy, and student achievement. |
May 18, 2020 |
Paul Romer on the COVID-19 Pandemic
01:02:01
In this bonus episode of EconTalk, economist and Nobel Laureate Paul Romer discusses the coronavirus pandemic with EconTalk host Russ Roberts. Romer argues that the status quo of shutdown and fear of infection is unsustainable. Returning to normal requires an inexpensive, quick, and relatively painless test. Such tests are now available. The challenge is in relaxing certain regulations and then creating a supply chain of production and availability. Romer then explains how such a test could ease a return to something like normalcy for many sectors of the economy. The conversation concludes with a discussion of the dynamics of the labor market in the current situation. |
May 15, 2020 |
Branko Milanovic on Capitalism, Alone
01:38:07
Economist and author Branko Milanovic of the Graduate Center, CUNY, talks about his book, Capitalism, Alone, with EconTalk host Russ Roberts. They discuss inequality, the challenge of corruption in the Chinese system, and Milanovic's claim that in American capitalism, the texture of daily life is increasingly affected by the sharing economy and other opportunities. |
May 11, 2020 |
L.A. Paul on Vampires, Life Choices, and Transformation
01:14:31
Philosopher and author L.A. Paul talks about her book Transformative Experience with EconTalk host Russ Roberts. Paul explores the uncertainties that surround the transformative experiences that we choose and that happen to us without choosing. How should we think about the morality and personal impact of these kinds of experiences, especially when some decisions are very hard or impossible to reverse? Examples include becoming a vampire, having children, religion, and other life experiences and choices. |
May 04, 2020 |
Alan Lightman on Stardust, Meaning, Religion, and Science
01:21:14
Physicist and author Alan Lightman talks with EconTalk host Russ Roberts about the origins of the universe, meaning, transcendence, and the relationship between science and religion. |
Apr 27, 2020 |
Vinay Prasad on Cancer Drugs, Medical Ethics, and Malignant
01:18:03
Oncologist, author, and podcaster Vinay Prasad talks about his book Malignant with EconTalk host Russ Roberts. Prasad lays out the conflicts of interest and scientific challenges that make drugs that fight cancer so disappointing at times. The conversation looks at how policy changes might improve the incentives facing doctors, pharmaceutical companies, and patients. |
Apr 20, 2020 |
Ed Leamer on Manufacturing, Effort, and Inequality
01:14:05
Economist Ed Leamer of UCLA talks about manufacturing, effort, and inequality with EconTalk host Russ Roberts. The conversation draws on recent empirical work of Leamer's on how measured inequality is affected by the work effort of Americans at different levels of education. The conversation ends with a discussion of how education can be transformed when it is more personal and allows the student to explore and discover under the guidance of a teacher. |
Apr 13, 2020 |
Arnold Kling on the Three Languages of Politics, Revisited
01:03:14
Economist and author Arnold Kling talks about the revised edition of his book The Three Languages of Politics in front of a live audience at the Cato Institute, recorded in September of 2019. Kling talks about the changed political landscape in the United States and around the world and how his ideas have changed since the book was first published in 2013. |
Apr 06, 2020 |
Jenny Schuetz on Land Regulation and the Housing Market
01:15:12
Jenny Schuetz of the Brookings Institution talks with EconTalk host Russ Roberts about zoning, boarding houses, real estate development, and the housing market. |
Mar 30, 2020 |
Azra Raza on The First Cell
01:24:42
Author and oncologist Azra Raza talks about her book The First Cell with EconTalk host Russ Roberts. Raza argues that we have made little progress in fighting cancer over the last 50 years. The tools available to oncologists haven't changed much--the bulk of the progress that has been made has been through earlier and earlier detection rather than more effective or compassionate treatment options. Raza wants to see a different approach from the current strategy of marginal improvements on narrowly defined problems at the cellular level. Instead, she suggests an alternative approach that might better take account of the complexity of human beings and the way that cancer morphs and spreads differently across people and even within individuals. The conversation includes the challenges of dealing with dying patients, the importance of listening, and the bittersweet nature of our mortality. |
Mar 23, 2020 |
Tyler Cowen on the COVID-19 Pandemic
01:19:51
Economist and infovore Tyler Cowen of George Mason University talks with EconTalk host Russ Roberts about the political, social, and economic aspects of the COVID-19 pandemic. |
Mar 19, 2020 |
Isabella Tree on Wilding
01:17:44
Author and conservationist Isabella Tree talks about her book Wilding with EconTalk host Russ Roberts. Tree and her husband decided to turn their 3500 acre farm, the Knepp Castle Estate, into something wilder, a place for wild ponies, wild pigs, wild oxen, and an ever-wider variety of birds and bugs. The conversation covers the re-wilding phenomenon, the complexity of natural systems, and the nature of emergent order. |
Mar 16, 2020 |
Richard Davies on Extreme Economies
02:04:57
Economist and author Richard Davies talks about his book Extreme Economies with EconTalk host Russ Roberts. The conversation explores economic life in extreme situations. Examples discussed are the Angola State Penitentiary in Louisiana, two Syrian refugee camps in Jordan, the rain forest in the Darien Gap in Panama, and Kinshasa, the largest city in the Democratic Republic of Congo. This is an economic and journalistic tour de force as Davies shares insights from his encounters with people around the world struggling to trade and prosper in extreme environments. |
Mar 09, 2020 |
Yuval Levin on A Time to Build
01:08:57
Author and political scientist Yuval Levin of the American Enterprise Institute talks about his book A Time to Build with EconTalk host Russ Roberts. Levin argues that institutions in America are less trustworthy than they have been in the past. The cause, in Levin's view, is that the participants in these institutions no longer see the institution they are part of as something that molds them and has norms to which the participants conform. Instead, participants view the institution as a platform to gain attention and notoriety. This in turn means that institutions are increasingly unable to perform their primary function as they once did. The conversation concludes with some ideas for how individuals might change how they see their roles within institutions and life as a way of working together in common purpose. |
Mar 02, 2020 |
Richard Robb on Willful
01:31:33
Economist, author, and investor Richard Robb talks about his book Willful with EconTalk host Russ Roberts. Robb is interested in what motivates and explains the choices we make. He explores alternatives to the optimizing model of economics including what he calls "for-itself" behavior--behavior that isn't purposive. Topics discussed in this wide-ranging conversation include the nature of work, decision-making under uncertainty, the Joseph story in the Book of Genesis, Nietzsche, the Financial Crisis of 2008, altruism, and how green beans are sold. |
Feb 24, 2020 |
Peter Singer on The Life You Can Save
01:06:13
Philosopher and author Peter Singer of Princeton University talks about his book, The Life You Can Save with EconTalk host Russ Roberts. Singer argues that those of us in the developed world with a high standard of living can and should give/forgo some luxuries and donate instead to reduce poverty and suffering in poor countries. This is a wide-ranging conversation on the potential we have to make the world a better place and the practical challenges of having an impact. |
Feb 17, 2020 |
Marty Makary on the Price We Pay
01:20:01
Physician and author Marty Makary of Johns Hopkins University talks about his book The Price We Pay with EconTalk host Russ Roberts. Makary highlights some of the stranger aspects of our current health care system including the encouragement of unnecessary or even harmful procedures and the predatory behavior of some hospitals who sue patients and garnish their wages to recover fees that are secret until after the procedure is completed. Makary favors requiring hospitals to make their prices transparent. He also discusses a number of ways that employers and patients are trying to avoid the worst aspects of the current system. |
Feb 10, 2020 |
Robert Shiller on Narrative Economics
01:02:22
Economist, author, and Nobel Laureate Robert Shiller of Yale University discusses his book Narrative Economics with EconTalk host Russ Roberts. Shiller proposes a novel idea--that the narratives that people believe and use to understand the world affect their economic behavior and in turn affect the macroeconomy. Shiller argues that taking these psychological effects into account is a new frontier of economic research and he gives a number of examples of how we might think about these phenomena. |
Feb 03, 2020 |
Daniel Klein on Honest Income
01:23:37
Economist and author Daniel Klein of George Mason University talks about the ethics of working and the potential for our working lives to make the world a better place. This is a wide-ranging conversation that includes discussion of Adam Smith, what jobs we should work on, what charities we should donate to, how we can make ourselves more virtuous, the movies Se7en and Sabrina, and ultimately what Adam Smith calls "the becoming use of our own." |
Jan 27, 2020 |
Janine Barchas on the Lost Books of Jane Austen
01:10:50
Author and professor Janine Barchas of the University of Texas talks about her book, The Lost Books of Jane Austen, with EconTalk host Russ Roberts. The conversation explores Austen's enduring reputation, how the cheap reprints of her work allowed that reputation to thrive, the links between Shakespeare and Austen, how Austen has thrived despite the old-fashioned nature of her content, Colin Firth's shirt, and the virtue of studying literature. |
Jan 20, 2020 |
Adam Minter on Secondhand
01:08:41
Journalist and author Adam Minter talks about his book Secondhand with EconTalk host Russ Roberts. Minter explores the strange and fascinating world of secondhand stuff--the downsizing that the elderly do when they move to smaller quarters, the unseen side of Goodwill Industries, and the global market for rags. |
Jan 13, 2020 |
Melanie Mitchell on Artificial Intelligence
01:18:46
Computer Scientist and author Melanie Mitchell of Portland State University and the Santa Fe Institute talks about her book Artificial Intelligence with EconTalk host Russ Roberts. Mitchell explains where we are today in the world of artificial intelligence (AI) and where we might be going. Despite the hype and excitement surrounding AI, Mitchell argues that much of what is called "learning" and "intelligence" when done by machines is not analogous to human capabilities. The capabilities of machines are highly limited to explicit, narrow tasks with little transfer to similar but different challenges. Along the way, Mitchell explains some of the techniques used in AI and how progress has been made in many areas. |
Jan 06, 2020 |
Kimberly Clausing on Open and the Progressive Case for Free Trade
01:08:42
Economist and author Kimberly Clausing of Reed College talks about her book Open with EconTalk host Russ Roberts. Clausing, a self-described progressive, argues that the United States should continue to embrace free trade but she argues for other interventions to soften the impact of trade on workers and communities. |
Dec 30, 2019 |
Joe Posnanski on the Life and Afterlife of Harry Houdini
01:25:19
Journalist and author Joe Posnanski talks about his book, The Life and Afterlife of Harry Houdini, with EconTalk host Russ Roberts. Posnanski explores the enduring fame of Houdini who remains an iconic cultural figure almost a century after his death. Topics discussed include the nature of celebrity, the nature of ambition, parenting, magic, and the use of public relations to create and sustain reputation and celebrity. |
Dec 23, 2019 |
Binyamin Appelbaum on the Economists' Hour
01:09:35
Journalist and author Binyamin Appelbaum of the New York Times talks about his book, The Economists' Hour, with EconTalk host Russ Roberts. Appelbaum blames the triumph of free-market ideology for the rise in inequality and the decline in growth rates over the last half-century. The result is a lively, civil conversation about the economic events over that time period and the role of economists in changing economic policy. |
Dec 16, 2019 |
Terry Moe on Educational Reform, Katrina, and Hidden Power
01:10:42
Political Scientist and author Terry Moe of Stanford University talks about his book, The Politics of Institutional Reform with EconTalk host Russ Roberts. Moe explores the politics and effectiveness of educational reform in the New Orleans public school system in the aftermath of Hurricane Katrina. Moe finds that policy-makers turned to charter schools for pragmatic reasons and students enjoyed dramatic improvements in educational outcomes as a result. Moe uses this experience to draw lessons about political reforms generally and the power of vested interests to preserve the status quo in the absence of catastrophic events like Katrina. |
Dec 09, 2019 |
Gerd Gigerenzer on Gut Feelings
01:08:18
Psychologist and author Gerd Gigerenzer of the Max Planck Institute for Human Development talks about his book Gut Feelings with EconTalk host Russ Roberts. Gigerenzer argues for the power of simple heuristics--rules of thumb--over more complex models when making real-world decisions. He argues that many results in behavioral economics that appear irrational can be understood as sensible ways of coping with complexity. |
Dec 02, 2019 |
Susan Mayer on What Money Can't Buy
01:14:17
Sociologist Susan Mayer of the University of Chicago talks about her book What Money Can't Buy with EconTalk host Russ Roberts. Mayer reports on her research which found that giving poor parents money had little measured effect on improving the lives of their children. She emphasizes the importance of accurately understanding the challenges facing children in poverty if the goal is to actually help them. She concludes that there is no simple way to help the most vulnerable children and that strategies to help them must recognize this reality. The conversation ends with a discussion of the potential role of education and parenting practices to help children in poor families. |
Nov 25, 2019 |
Keith Smith on Free Market Health Care
01:23:42
Entrepreneur and Anesthesiologist Keith Smith of the Surgery Center of Oklahoma talks with host Russ Roberts about what it's like to run a surgery center that posts prices on the internet and that does not take insurance. Along the way, he discusses the distortions in the market for health care and how a real market for health care might function if government took a smaller role. |
Nov 18, 2019 |
Rory Sutherland on Alchemy
01:24:05
Author and Advertising Executive Rory Sutherland of Ogilvy talks about his book Alchemy with EconTalk host Russ Roberts. Sutherland makes the case for the magic (yes, magic!) of advertising and branding in helping markets work well. This is a wide-ranging conversation on consumer choice, public policy, travel, real estate, and corporate decision-making using insights from behavioral economics and decades of experience in the world of advertising. |
Nov 11, 2019 |
Venkatesh Rao on Waldenponding
01:19:02
Writer and management consultant Venkatesh Rao talks about Waldenponding with EconTalk host Russ Roberts. Rao coined the term Waldenponding to describe various levels of retreating from technology akin to how Thoreau extolled the virtues of retreating from social contact and leading a quieter life at Walden Pond. Rao argues that the value of Waldenponding is overrated and that extreme Waldenponding is even somewhat immoral. Rao sees online intellectual life as a form of supercomputer, an intellectual ecosystem that produces new knowledge and intellectual discourse. He encourages all of us to contribute to that intellectual ecosystem even when it can mean losing credit for some of our ideas and potentially some of our uniqueness. |
Nov 04, 2019 |
Michele Gelfand on Rule Makers, Rule Breakers
01:09:58
Psychologist Michele Gelfand talks about her book, Rule Makers, Rule Breakers, with EconTalk host Russ Roberts. Gelfand distinguishes between loose cultures and tight cultures--the degree to which culture and regulation restrict behavior or leave it alone. Gelfand explores the causes of why some cultures are tighter than others and the challenges societies face when culture is too tight or too loose. She also applies these ideas of cultural tightness and looseness to corporate mergers and family life. |
Oct 28, 2019 |
Susan Houseman on Manufacturing
01:16:05
Economist Susan Houseman of the Upjohn Institute for Employment Research talks about the manufacturing sector with EconTalk host Russ Roberts. Houseman argues that the data surrounding both manufacturing output and employment have been misunderstood and misinterpreted. In particular, she argues that conclusions about the growth of manufacturing are driven overwhelmingly by computer production while the rest of manufacturing has been stagnant. She also argues that productivity has a small role in reducing manufacturing employment. Trade has been the main cause of employment reductions. These claims go against the standard narratives most economists have been telling for the last 20 years. |
Oct 21, 2019 |
Andrew McAfee on More from Less
01:34:17
Andrew McAfee of MIT's Sloan School of Management talks about his book, More from Less, with EconTalk host Russ Roberts. McAfee argues that technology is helping developed nations use fewer resources in producing higher levels of economic output. The improvement is not just a reduction in energy per dollar of GDP but less energy in total as economic growth progresses. This "dematerialization" portends a future that was unimaginable to the economists and pundits of the past. McAfee discusses the potential for dealing with climate change in a dematerialized world, the non-material aspects of economic progress, and the political repercussions of the current distribution of economic progress. |
Oct 14, 2019 |
Ryan Holiday on Stillness Is the Key
01:23:12
Ryan Holiday talks about his latest book, Stillness Is the Key, with EconTalk host Russ Roberts. Holiday explores how stillness--the cultivation of serenity and focus--can affect how we live and how we perceive life. Topics discussed include the performance artist Marina Abramovic, Winnie the Pooh, the Cuban Missile Crisis, and Michael Jordan's Hall of Fame induction speech. Holiday also explains how he keeps track of information and how his system makes it easier for him to write his books. |
Oct 07, 2019 |
Sabine Hossenfelder on Physics, Reality, and Lost in Math
01:06:28
Physicist Sabine Hossenfelder talks about her book Lost in Math with EconTalk host Russ Roberts. Hossenfelder argues that the latest theories in physics have failed to find empirical confirmation. Particles that were predicted to be discovered by the mathematics have failed to show up. Whether or not there is a multiverse has no observable consequences. Hossenfelder argues that physicists have become overly enamored with the elegance and aesthetics of their theories and that using beauty to evaluate a model is unscientific. The conversation includes a discussion of similar challenges in economics. |
Sep 30, 2019 |
Dani Rodrik on Neoliberalism
01:08:40
Dani Rodrik of Harvard University talks about neoliberalism with EconTalk host Russ Roberts. Rodrik argues that a dogmatic embrace of markets has increased inequality and limited who benefits from economic growth. He argues for a more interventionist approach to the economy with the goal of better-paying jobs and more widely shared prosperity. |
Sep 23, 2019 |
George Will on the Conservative Sensibility
01:18:22
George Will talks about his new book, The Conservative Sensibility, with EconTalk host Russ Roberts. Will argues for a conservative vision that embraces the dynamic nature of life. Topics discussed include the current political landscape, the American founding, James Madison's vision of government vs. Woodrow Wilson's, Friedrich Hayek, and of course, a little baseball. |
Sep 16, 2019 |
Daron Acemoglu on Shared Prosperity and Good Jobs
01:06:33
Economist and author Daron Acemoglu of MIT discusses with EconTalk host Russ Roberts the challenge of shared prosperity and the policies that could bring about a more inclusive economy. Acemoglu argues for the importance of good jobs over redistribution and makes the case for the policies that could lead to jobs and opportunities across skill levels. |
Sep 09, 2019 |
David Deppner on Leadership, Confidence, and Humility
01:16:09
Can a great leader or manager be humble in public? Or is exuding confidence, even when it may not be merited, a key part of leadership? In this episode of EconTalk, host Russ Roberts talks with David Deppner, CEO of Psyberware, about an email David sent Russ wondering how Russ might reconcile his passion for humility and honesty with the demands put upon leaders to inspire followers with confidence in their vision. |
Sep 02, 2019 |
Andrew Roberts on Churchill and the Craft of Biography
01:10:02
Historian Andrew Roberts talks about the life of Winston Churchill and the art of biography with EconTalk host Russ Roberts. How did Churchill deal with the mistakes he inevitably made in a long career? Was he prescient or just the right man in the right place at the right time? Was he an alcoholic? Did he suffer from depression? Drawing on his recent biography of Churchill, Andrew Roberts answers these and other questions in this wide-ranging conversation that includes a discussion of the mechanics of writing a 1000 page book on a man who has had over 1000 biographies written about him already. |
Aug 26, 2019 |
Tyler Cowen on Big Business
01:06:24
Author and economist Tyler Cowen of George Mason University talks about his book, Big Business, with EconTalk host Russ Roberts. Cowen argues that big corporations in America are underrated and under-appreciated. He even defends the financial sector while adding some caveats along the way. This is a lively and contrarian look at a timely issue. |
Aug 19, 2019 |
Arthur Diamond on Openness to Creative Destruction
01:15:44
Arthur Diamond of the University of Nebraska at Omaha talks about his book, Openness to Creative Destruction, with EconTalk host Russ Roberts. Diamond sings the sometimes forgotten virtues of innovation and entrepreneurship and argues that they should be taught more prominently as a central part of economics. |
Aug 12, 2019 |
Andy Matuschak on Books and Learning
01:06:26
Software Engineer Andy Matuschak talks about his essay "Why Books Don't Work" with EconTalk host Russ Roberts. Matuschak argues that most books rely on transmissionism, the idea that an author can share an idea in print and the reader will absorb it. And yet after reading a non-fiction book, most readers will struggle to remember any of the ideas in the book. Matuschak argues for a different approach to transmitting ideas via the web including different ways that authors or teachers can test for understanding that will increase the chances of retention and mastery of complex ideas. |
Aug 05, 2019 |
Shoshana Zuboff on Surveillance Capitalism
01:33:14
Shoshana Zuboff of Harvard University talks about her book Surveillance Capitalism with EconTalk host Russ Roberts. Zuboff argues that the monetization of search engines and social networks by Google, Facebook, and other large tech firms threatens privacy and democracy. |
Jul 29, 2019 |
Chris Arnade on Dignity
01:21:42
Photographer, author, and former Wall St. trader Chris Arnade talks about his book, Dignity, with EconTalk host Russ Roberts. Arnade quit his Wall Street trading job and criss-crossed America photographing and getting to know the addicted and homeless who struggle to find work and struggle to survive. The conversation centers on what Arnade learned about Americans and about himself. |
Jul 22, 2019 |
Michael Brendan Dougherty on My Father Left Me Ireland
01:33:06
Author and journalist Michael Brendan Dougherty talks about his book My Father Left Me Ireland with EconTalk host Russ Roberts. Dougherty talks about the role of cultural and national roots in our lives and the challenges of cultural freedom in America. What makes us feel part of something? Do you feel American or just someone who happens to live within its borders? When are people willing to die for their country or a cause? These are some of the questions Dougherty grapples with in his book and in this conversation. |
Jul 15, 2019 |
Arthur Brooks on Love Your Enemies
01:10:01
Economist and author Arthur Brooks talks about his book Love Your Enemies with EconTalk host Russ Roberts. Brooks argues that contempt is destroying our political conversations and it's not good for us at the personal level either. Brooks makes the case for humility and tolerance. Along the way he discusses parenting, his past as professional musician, and the challenges of leading a think tank. |
Jul 08, 2019 |
Adam Cifu on the Case for Being a Medical Conservative
01:13:46
Physician and author Adam Cifu of the University of Chicago talks about being a medical conservative with EconTalk host Russ Roberts. Cifu encourages doctors to appreciate the complexity of medical care and the reality that many medical techniques advocated by experts are not always beneficial or cost-effective. The conversation explores the challenges of finding reliable evidence to support medical interventions and the inherent uncertainty surrounding outcomes. |
Jul 01, 2019 |
Eric Topol on Deep Medicine
01:08:25
Cardiologist and author Eric Topol talks about his book Deep Medicine with EconTalk host Russ Roberts. Topol argues that doctors spend too little face-to-face time with patients, and the use of artificial intelligence and machine learning is a chance to emphasize the human side of medicine and to expand the power of human connection in healing. Topol surveys the current landscape of the application of technology to health care showing where its promise has been overstated and where it is having the most impact. The conversation includes a discussion of the placebo effect and the importance of the human touch in medicine. |
Jun 24, 2019 |
Anja Shortland on Kidnap
01:17:53
Anja Shortland of King's College London talks about her book Kidnap with EconTalk host Russ Roberts. Kidnapping is relatively common in parts of the world where government authority is weak. Shortland explores this strange, frightening, but surprisingly orderly world. She shows how the interaction between kidnappers, victims, and insurance companies creates a somewhat predictable set of prices for ransom and creates a relatively high chance of the safe return of those who are kidnapped. |
Jun 17, 2019 |
Bjorn Lomborg on the Costs and Benefits of Attacking Climate Change
01:10:52
Bjorn Lomborg, President of the Copenhagen Consensus Center, talks about the costs and benefits of attacking climate change with EconTalk host Russ Roberts. Lomborg argues that we should always be aware of tradeoffs and effectiveness when assessing policies to reduce global warming. He advocates for realistic solutions that consider the potential to improve human life in other ways. He is skeptical of the potential to move away from fossil fuels and argues that geo-engineering and adaptation may be the most effective ways to cope with climate change. |
Jun 10, 2019 |
Alain Bertaud on Cities, Planning, and Order Without Design
01:18:20
Urbanist and author Alain Bertaud of NYU talks about his book Order Without Design with EconTalk host Russ Roberts. Bertaud explores the role of zoning and planning alongside the emergent factors that affect the growth of cities. He emphasizes the importance of cities as places for people to work and looks at how preferences and choices shape cities. Bertaud also reflects upon the differing perspectives of urban planners and economists. |
Jun 03, 2019 |
David Epstein on Mastery, Specialization, and Range
01:41:54
Journalist and author David Epstein talks about his book Range with EconTalk host Russ Roberts. Epstein explores the costs of specialization and the value of breadth in helping to create mastery in our careers and in life. What are the best backgrounds for solving problems? Can mastery be achieved without specialization at a young age? What experiences and knowledge best prepare people to cope with unexpected situations? This is a wide-ranging conversation that includes discussion of chess, the Challenger tragedy, sports, farming in obscure Soviet provinces after the revolution, the Flynn effect and why firefighters sometimes fail to outrun forest fires. |
May 27, 2019 |
Mary Hirschfeld on Economics, Culture, and Aquinas and the Market
01:16:52
Author, economist, and theologian Mary Hirschfeld of Villanova University talks about her book, Aquinas and the Market, with EconTalk host Russ Roberts. Hirschfeld looks at the nature of our economic activity as buyers and sellers and whether our pursuit of economic growth and material well-being comes at a cost. She encourages a skeptical stance about the ability of more stuff to produce true happiness and/or satisfaction. The conversation includes a critique of economic theory and the aspect of human satisfaction outside the domain of economists. |
May 20, 2019 |
Robert Burton on Being Certain
01:20:17
Neurologist and author Robert Burton talks about his book, On Being Certain, with EconTalk host Russ Roberts. Burton explores our need for certainty and the challenge of being skeptical about what our brain tells us must be true. Where does what Burton calls "the feeling of knowing" come from? Why can memory lead us astray? Burton claims that our reaction to events emerges from competition among different parts of the brain operating below our level of awareness. The conversation includes a discussion of the experience of transcendence and the different ways humans come to that experience. |
May 13, 2019 |
Mauricio Miller on Poverty, Social Work, and the Alternative
01:18:06
Poverty activist, social entrepreneur and author, Mauricio Miller, talks about his book The Alternative with EconTalk host Russ Roberts. Miller, a MacArthur genius grant recipient, argues that we have made poverty tolerable when we should be trying to make it more escapable. This is possible, he argues, if we invest in the poor and encourage them to leverage their skills and social networks. Miller emphasizes the importance of self-determination and self-respect as keys to helping the poor improve their own lives. |
May 06, 2019 |
Emily Oster on Cribsheet
01:06:03
Economist and author Emily Oster of Brown University talks about her book Cribsheet with EconTalk host Russ Roberts. Oster explores what the data and evidence can tell us about parenting in areas such as breastfeeding, sleep habits, discipline, vaccination, and food allergies. Oster often finds that commonly held views on some of these topics are not well supported by the evidence while on others, the evidence appears decisive. Oster thoughtfully explores the challenges of using empirical work and balances our sometimes ignorance with common sense. |
Apr 29, 2019 |
Paul Romer on Growth, Cities, and the State of Economics
01:26:42
Nobel Laureate Paul Romer of New York University talks with EconTalk host Russ Roberts about the nature of growth, the role of cities in the economy, and the state of economics. Romer also reflects on his time at the World Bank and why he left his position there as Chief Economist. |
Apr 22, 2019 |
Jill Lepore on Nationalism, Populism, and the State of America
01:06:32
Historian and author Jill Lepore talks about nationalism, populism, and the state of America with EconTalk host Russ Roberts. Lepore argues that we need a new Americanism, a common story we share and tell ourselves. Along the way, topics in the conversation include populism, the rise of globalization, and the challenge of knowing what is true and what is false in the internet era. |
Apr 15, 2019 |
Robin Feldman on Drugs, Money, and Secret Handshakes
01:05:15
Law professor and author Robin Feldman of UC Hastings College of the Law talks about her book Drugs, Money, and Secret Handshakes with EconTalk host Russ Roberts. Feldman argues that the legal and regulatory environment for drug companies encourages those companies to seek drugs that extend their monopoly through the patent system often with insufficient benefit for consumers. The prices for those drugs are then protected from new competition. She also argues that the pharmacy benefit management system allows drug companies to exploit consumers. The conversation concludes with a discussion of what can be done to improve the situation. |
Apr 08, 2019 |
Jacob Stegenga on Medical Nihilism
01:18:32
Philosopher and author Jacob Stegenga of the University of Cambridge talks about his book Medical Nihilism with EconTalk host Russ Roberts. Stegenga argues that many medical treatments either fail to achieve their intended goals or achieve those goals with many negative side effects. Stegenga argues that the approval process for pharmaceuticals, for example, exaggerates benefits and underestimates costs. He criticizes the FDA approval process for approving too many drugs that are not sufficiently helpful relative to their side effects. Stegenga argues for a more realistic understanding of what medical practice can and cannot achieve. |
Apr 01, 2019 |
Daniel Hamermesh on Spending Time
01:02:48
Economist and author Daniel Hamermesh of Barnard College and the Institute for the Study of Labor talks about his latest book, Spending Time, with EconTalk host Russ Roberts. Hamermesh explores how we treat time relative to money, how much we work and how that has changed over time, and the ways economists look at time, work, and leisure. |
Mar 25, 2019 |
Amy Tuteur on Birth, Natural Parenting, and Push Back
01:02:33
Obstetrician gynecologist Amy Tuteur and author of Push Back, talks about the book with EconTalk host Russ Roberts. Tuteur argues that natural parenting--the encouragement to women to give birth without epidurals or caesarians and to breastfeed--is bad for women's health and has little or no benefit for their children. |
Mar 18, 2019 |
Amy Webb on Artificial Intelligence, Humanity, and the Big Nine
01:24:45
Futurist and author Amy Webb talks about her book, The Big Nine, with EconTalk host Russ Roberts. Webb observes that artificial intelligence is currently evolving in a handful of companies in the United States and China. She worries that innovation in the United States may lead to social changes that we may not ultimately like; in China, innovation may end up serving the geopolitical goals of the Chinese government with some uncomfortable foreign policy implications. Webb's book is a reminder that artificial intelligence does not evolve in a vacuum--research and progress takes place in an institutional context. This is a wide-ranging conversation about the implications and possible futures of a world where artificial intelligence is increasingly part of our lives. |
Mar 11, 2019 |
Jacob Vigdor on the Seattle Minimum Wage
01:13:54
Jacob Vigdor of the University of Washington talks with EconTalk host Russ Roberts about the impact of Seattle's minimum wage increases in recent years. Vigdor along with others from the Evans School of Public Policy and Governance have tried to measure the change in employment, hours worked, and wages for low-skilled workers in Seattle. He summarizes those results here arguing that while some workers earned higher wages, some or all of the gains were offset by reductions in hours worked and a reduction in the rate of job creation especially for low-skilled workers. |
Mar 04, 2019 |
Michael Munger on Crony Capitalism
01:10:11
Michael Munger of Duke University talks with EconTalk host Russ Roberts about whether real capitalism is unstable and leads inevitably to crony capitalism. They also discuss ways to prevent the descent into cronyism and speculate on their own blind spots. |
Feb 25, 2019 |
Catherine Semcer on Poaching, Preserves, and African Wildlife
01:07:30
Catherine Semcer of the Property and Environment Research Center (PERC) talks with EconTalk host Russ Roberts about the role of incentives in preserving wildlife in Africa. The conversation discusses how allowing limited hunting of big game such as elephants and using revenue from hunting licenses to reward local communities for habitat stewardship has improved both habitat and wildlife populations while reducing poaching. Semcer draws on her experience as former Chief Operating Officer of Humanitarian Operations Protecting Elephants and also discusses recent efforts to re-locate lions in Mozambique. |
Feb 18, 2019 |
Jessica Riskin on Life, Machinery, and the Restless Clock
01:04:51
Historian Jessica Riskin of Stanford University talks about her book The Restless Clock with EconTalk host Russ Roberts. What is the difference between human beings and machines? How has science thought about this distinction? When do we have agency and when are we constrained? Riskin discusses these issues and the implications for how we think about ourselves and the growth of artificial intelligence. |
Feb 11, 2019 |
Gary Greenberg on the Placebo Effect
01:01:35
Author and psychotherapist Gary Greenberg talks with EconTalk host Russ Roberts about the placebo effect. Is it real? How does the placebo effect influence drug testing? If it's real, what is the underlying mechanism of why it works and how might it be harnessed to improve health care? The conversation concludes with a discussion of how knowledge of the placebo effect has influenced Greenberg's psychotherapy practice. |
Feb 04, 2019 |
Patrick Collison on Innovation and Scientific Progress
01:15:48
Patrick Collison, co-founder and CEO of Stripe, talks with EconTalk host Russ Roberts about the pace of innovation. Collison argues that despite enormous increases in the numbers of scientists and researchers, the pace of progress in scientific and technological understanding does not seem to be increasing accordingly. The conversation looks at the challenge of measuring innovation and whether the pace of innovation should be a matter of concern and if so, what might be done about it. |
Jan 28, 2019 |
Jennifer Doleac on Crime
01:22:58
Economist Jennifer Doleac of Texas A&M University talks with EconTalk host Russ Roberts about her research on crime, police, and the unexpected consequences of the criminal justice system. Topics discussed include legislation banning asking job applicants if they've been in prison, body cameras for police, the use of DNA databases, the use of Naloxone to prevent death from opioid overdose, and the challenges of being an economist who thinks about crime using the economist's toolkit. |
Jan 21, 2019 |
Stephen Kotkin on Solzhenitsyn
01:00:03
Historian and author Stephen Kotkin of Princeton University and Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the historical significance of the life and work of Aleksandr Solzhenitsyn on the occasion of the 100th anniversary of Solzhenitsyn's birth. |
Jan 14, 2019 |
Ed Dolan on Employer-Sponsored Health Insurance
01:04:26
Economist Ed Dolan of the Niskanen Center talks about employer-based health insurance with EconTalk host Russ Roberts. Dolan discusses how unusual it is relative to other countries that so many Americans get their health insurance through their employer and the implications of that phenomenon for the structure of the health insurance market. Dolan explores the drawbacks of this structure and makes the case for what he calls Universal Catastrophic Coverage. |
Jan 07, 2019 |
Sebastian Junger on Tribe
01:16:24
Journalist and author Sebastian Junger talks about his book Tribe with EconTalk host Russ Roberts. Junger explores the human need to be needed and the challenges facing many individuals in modern society who struggle to connect with others. His studies of communal connection include soldiers in a small combat unit and American Indian society in the nineteenth century. |
Dec 31, 2018 |
Mariana Mazzucato on the Value of Everything
01:07:52
Economist and author Mariana Mazzucato talks about her book The Value of Everything with EconTalk host Russ Roberts. Mazzucato argues that economists have mismeasured value and have failed to appreciate the role of government as innovator. She argues for a more active role for government in the innovation process and for government to share in revenue proportional to its role in the creation of new technology. |
Dec 24, 2018 |
John Horgan on Mind-Body Problems
01:17:10
Science journalist and author John Horgan talks about his book, Mind-Body Problems, with EconTalk host Russ Roberts. Horgan interviewed an array of scientists, philosophers, and others who have worked on consciousness, free-will, and what it means to be human. Horgan argues that no single solution to the problems in these areas is likely to be established by science and that our perspective on these questions is inevitably colored by our personal experiences rather than by scientific evidence. Horgan concludes by making the case for personal and intellectual freedom and the need to embrace subjective interpretations of mind-body issues in ways that bring meaning to our lives. |
Dec 17, 2018 |
Peter Berkowitz on Locke, Liberty, and Liberalism
01:20:02
Peter Berkowitz of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the origins of liberalism and the importance of John Locke. Berkowitz defends the liberal project of individual rights and liberty and argues that critics of Locke mischaracterize his thought. The conversation closes with an evaluation of the Enlightenment. |
Dec 09, 2018 |
Maeve Cohen on Rethinking Economics
01:02:02
Maeve Cohen, Co-director of Rethinking Economics, talks with EconTalk host Russ Roberts about her organization and its efforts to change economics education. Cohen, who co-founded the Post-Crash Economics Society, argues for a more human-centered approach to economics that would be less confident in its policy prescriptions and more honest about the significance of its underlying assumptions. |
Dec 03, 2018 |
Anat Admati on the Financial Crisis of 2008
01:05:57
Anat Admati of Stanford's Graduate School of Business talks with EconTalk host Russ Roberts about the financial crisis of 2008, the lessons she has learned, and how it has changed her view of economics, finance, and her career. |
Nov 26, 2018 |
A.J. Jacobs on Thanks a Thousand
01:01:27
Journalist and author A. J. Jacobs talks about his book, Thanks a Thousand, with EconTalk host Russ Roberts. Jacobs thanked a thousand different people who contributed to his morning cup of coffee. In this conversation, Jacobs talks about the power of gratitude and different ways we can express gratitude in everyday life. He and Roberts also explore the unintended web of cooperation that underlies almost every product we encounter in a modern economy. |
Nov 19, 2018 |
Julia Belluz on Epidemiology, Nutrition, and Metabolism
01:05:21
Science writer Julia Belluz of Vox.com talks to EconTalk host Russ Roberts about the state of epidemiology, nutrition, and the relationship between obesity and metabolism. |
Nov 12, 2018 |
Alan Lightman on Science, Spirituality, and Searching for Stars on an Island in Maine
01:12:00
Author and Physicist Alan Lightman talks about his book Searching for Stars on an Island in Maine with EconTalk host Russ Roberts. This is a wide-ranging conversation on religion, science, transcendence, consciousness, impermanence, and whether matter is all that matters. |
Nov 05, 2018 |
Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0
01:10:18
Economist and author Michael Munger of Duke University talks about his book, Tomorrow 3.0, with EconTalk host Russ Roberts. Munger analyzes the rise of companies like Uber and AirBnB as an example of how technology lowers transactions costs. Users and providers can find each other more easily through their smartphones, increasing opportunity. Munger expects these costs to fall elsewhere and predicts an expansion of the sharing economy to a wide array of items in our daily lives. |
Oct 29, 2018 |
Ran Abramitzky on the Mystery of the Kibbutz
01:06:43
Economist and author Ran Abramitzky of Stanford University talks about his book, The Mystery of the Kibbutz, with EconTalk host Russ Roberts. Abramitzky traces the evolution of the kibbutz movement in Israel and how the kibbutz structure changed to cope with the modernization and development of the Israeli economy. The conversation includes a discussion of how the history of the kibbutz might help us to understand the appeal and challenges of the socialism and freedom. |
Oct 22, 2018 |
Kevin McKenna on Characters, Plot, and Themes of In the First Circle
01:16:19
Russian Literature Professor Kevin McKenna of the University of Vermont talks with EconTalk host Russ Roberts about the characters, plot, and themes of Aleksandr Solzhenitsyn's masterpiece, In the First Circle. This is the second episode of the EconTalk book club discussing the book. The first episode--a discussion of Solzhenitsyn's life and times--is available on EconTalk. |
Oct 18, 2018 |
John Gray on the Seven Kinds of Atheism
01:36:03
Philosopher and author John Gray talks about his latest book, Seven Types of Atheism, with EconTalk host Russ Roberts. Gray argues that progress is an illusion and that most atheisms inherit, unknowingly, a religious belief in progress that is not justified. While Gray concedes that technological know-how and scientific knowledge improve over time, he argues that morality and political systems are cyclical and that there is no reason to be optimistic about the future. |
Oct 15, 2018 |
Neil Monnery on Hong Kong and the Architect of Prosperity
01:13:30
Neil Monnery, author of Architect of Prosperity, talks with EconTalk host Russ Roberts about his book--a biography of John Cowperthwaite, the man often credited with the economic success of Hong Kong. Monnery describes the policies that Cowperthwaite championed and the role they played in the evolution of Hong Kong's economy. How much those policies mattered is the focus of the conversation. Other topics include the relationship between Hong Kong and China and the irony of the challenges Hong Kong faced from U.S. and British protectionism. |
Oct 08, 2018 |
Noah Smith on Worker Compensation, Co-determination, and Market Power
01:15:17
Bloomberg Opinion columnist and economist Noah Smith talks with EconTalk host Russ Roberts about corporate control, wages, and monopoly power. Smith discusses the costs and benefits of co-determination--the idea of putting workers on corporate boards. The conversation then moves to a lively discussion of wages and monopoly power and how the American worker has been doing in recent years. |
Oct 01, 2018 |
Rodney Brooks on Artificial Intelligence
01:05:37
Rodney Brooks, emeritus professor of robotics at MIT, talks with EconTalk host Russ Roberts about the future of robots and artificial intelligence. Brooks argues that we both under-appreciate and over-appreciate the impact of innovation. He applies this insight to the current state of driverless cars and other changes people are expecting to change our daily lives in radical ways. He also suggests that the challenges of developing truly intelligent robots and technologies will take much longer than people expect, giving human beings time to adapt to the effects. Plus a cameo from Isaac Newton. |
Sep 24, 2018 |
Paul Bloom on Cruelty
01:22:35
Yale University psychologist Paul Bloom talks with EconTalk host Russ Roberts about cruelty--what motivates cruelty, the cruelty of small acts that accumulate into something monstrous, and the question of whether the abuse of a robot is a form of cruelty. |
Sep 17, 2018 |
Kevin McKenna on Solzhenitsyn, the Soviet Union, and In the First Circle
01:18:37
Russian Literature Professor Kevin McKenna of the University of Vermont talks with EconTalk host Russ Roberts about the life and times of Aleksandr Solzhenitsyn. This is the opening episode of the EconTalk Book Club for Solzhenitsyn's masterpiece In the First Circle: The First Uncensored Edition. A subsequent episode to air in the next few weeks discusses the book itself. |
Sep 10, 2018 |
Yoram Hazony on the Virtue of Nationalism
01:22:34
Yoram Hazony discusses his book, The Virtue of Nationalism, with EconTalk host Russ Roberts. Hazony argues that nationalism, for all its flaws, is a better system than a global system of governance. He argues that while the competition between nationalist states can lead to violence, the opportunity for each nation to pursue its own policies creates the benefits that trial-and-error innovation create in the marketplace. He also points out the dangers of global government systems and argues that U.S. military dominance and various international institutions such as European Union and the International Criminal Court have been growing in power. |
Sep 03, 2018 |
Charlan Nemeth on In Defense of Troublemakers
01:23:24
Psychologist Charlan Nemeth of the University of California, Berkeley and author of In Defense of Troublemakers talks with EconTalk host Russ Roberts about the ideas in the book--the power of groupthink, the power of conviction, and the opportunity for an authentic, persistent dissenter to have an impact on a group's decision. The conversation concludes with a discussion of the challenges of doing careful research in modern times. |
Aug 27, 2018 |
Lilliana Mason on Uncivil Agreement
01:10:17
Political scientist Lilliana Mason of the University Maryland and author of Uncivil Agreement talks about the book with EconTalk host Russ Roberts. Mason argues that political partisanship has become stronger in America in recent years because it aligns with other forms of community and identity. People are associating primarily with people who share their political views in their other social activities outside of politics. As a result, they encounter fewer people from the other side. The intensity of partisanship can even overcome ideology as partisans change their policy positions in their eagerness to be on the winning side. The conversation closes with a discussion of what might be done to improve political discourse in America. |
Aug 20, 2018 |
David Meltzer on the Doctor-Patient Relationship
01:08:45
Physician David Meltzer of the University of Chicago talks about the power of the doctor-patient relationship with EconTalk host Russ Roberts. Meltzer, who also has a Ph.D. in economics, discusses a controlled experiment he has been running to measure the importance of maintaining the continuity of doctor-patient relationships. Meltzer argues that the increasing use of hospitalists--specialists who take over a patient from the patient's regular doctor once the patient is hospitalized--has raised costs and hurt patients. The initial results from his study show that patients who stay with their doctors have fewer subsequent hospitalizations and have better mental health. The conversation closes with a discussion of the challenges facing the current medical system to adopt cost-saving or life-improving technology or techniques. |
Aug 13, 2018 |
Frank Dikotter on Mao's Great Famine
01:12:47
Historian Frank Dikotter of the University of Hong Kong and author of Mao's Great Famine talks about the book with EconTalk host Russ Roberts. Dikotter chronicles the strategies Mao and Chinese leadership implemented to increase grain and steel production in the late 1950s leading to a collapse in agricultural output and the deaths of millions by starvation. |
Aug 06, 2018 |
Alberto Alesina on Immigration and Redistribution
01:06:14
Alberto Alesina of Harvard University talks with EconTalk host Russ Roberts about how people in the US and five European countries perceive the population and characteristics of legal immigrants. Reporting on research with Armando Miano and Stefanie Stantcheva, Alesina finds that individuals systematically overestimate the number of immigrants while underestimating their standard of living. His research also finds that support for welfare payments to the poor is related to the perception people have of the size of the immigrant population and their economic status. The conversation concludes with a discussion of why people's perceptions are so inaccurate and the implications of perception for public policy. |
Jul 30, 2018 |
Teppo Felin on Blindness, Rationality, and Perception
01:04:30
Teppo Felin of the University of Oxford talks with EconTalk host Russ Roberts about perception, cognition, and rationality. Felin argues that some of the standard experimental critiques of human rationality assume an omniscience that misleads us in thinking about social science and human capability. The conversation includes a discussion of the implications of different understandings of rationality for economics, entrepreneurship, and innovation. |
Jul 23, 2018 |
Russ Roberts on the Information Revolution, Politics, Yeats, and Yelling
01:01:30
EconTalk host Russ Roberts does a monologue on how political discourse seems to have deteriorated in recent years and the growth in outrage, tribalism, and intolerance for those with different views from one's own. Roberts suggests that part of the problem is the revolution of the market for information caused by the internet that allows people to customize what they see to fit their own political narratives and worldview. In short, the market for news works to make us feel good rather than to help us to discover the truth. The monologue closes with some suggestions for how we might improve the way we consume information and interact with those we disagree with. |
Jul 16, 2018 |
Patrick Deneen on Why Liberalism Failed
01:14:58
Political Scientist and author Patrick Deneen of the University of Notre Dame talks about his book Why Liberalism Failed with EconTalk host Russ Roberts. By liberalism, Deneen means the modern enterprise--the push for self-actualization free of the constraints of tradition, family, and religion that typifies modern culture. He argues that both the left and the right have empowered the state and reduced liberty. He argues for a smaller, more local, more artisanal economy and a return to the virtues of self-control and self-mastery. |
Jul 09, 2018 |
Arnold Kling on Morality, Culture, and Tribalism
01:06:52
Economist and author Arnold Kling talks about the economic impact of culture and morality with EconTalk host Russ Roberts. Drawing on a recent essay on the importance of social interactions, Kling explores the role of culture and norms and their broad impact on economic life. At the end of the conversation, Roberts discusses the implications of human sociality for the way economics is taught and the way economists think about public policy. |
Jul 02, 2018 |
Michael Pollan on Psychedelic Drugs and How to Change Your Mind
01:12:27
Journalist and author Michael Pollan talks about his book, How to Change Your Mind, with EconTalk host Russ Roberts. Pollan chronicles the history of the use of psychedelic drugs, particularly LSD and psilocybin, to treat addiction, depression and anxiety. He discusses his own experiences with the drugs as well. Much of the conversation focuses on what we might learn from psychedelic drugs about their apparent spiritual dimension, the nature of consciousness, and the nature of the mind. |
Jun 25, 2018 |
Richard Reinsch on the Enlightenment, Tradition, and Populism
01:06:41
Richard Reinsch, editor of Law and Liberty and the host of the podcast Liberty Law Talk, talks with EconTalk host Russ Roberts about the Enlightenment. Topics discussed include the search for meaning, the stability of liberalism, the rise of populism, and Solzhenitsyn's indictment of Western values from his Harvard Commencement Address of 1978. |
Jun 18, 2018 |
Moises Velasquez-Manoff on Cows, Carbon Farming, and Climate Change
01:14:20
Journalist and author Moises Velasquez-Manoff talks about the role of dirt in fighting climate change with EconTalk host Russ Roberts. Velasquez-Manoff explains how changes in farming can allow dirt and plants to absorb carbon and potentially reduce climate change. At the end of the conversation he discusses the state of the science on hygiene, parasites, and auto-immune disorders that he discussed in his previous appearance on EconTalk in 2014. |
Jun 11, 2018 |
Janet Golden on Babies Made Us Modern
01:03:03
Historian and author Janet Golden talks about her book, Babies Made Us Modern, with EconTalk host Russ Roberts. Golden chronicles the transformation of parenting in first half of the 20th century. It's a fascinating story of how our knowledge of infant health and behavior grew dramatically but remains imperfect. At the same time, government, business, and private organizations responded to that imperfect knowledge. |
Jun 04, 2018 |
Iain McGilchrist on the Divided Brain and the Master and His Emissary
01:26:08
Psychiatrist and author Iain McGilchrist talks about his book, The Master and His Emissary, with EconTalk host Russ Roberts. McGilchrist argues we have misunderstand the purpose and effect of the divided brain. The left side is focused, concrete, and confident while the right side is about integration of ourselves with the complexity of the world around us. McGilchrist uses this distinction to analyze the history of western civilization. This is a wide-ranging conversation that includes discussions of poetry, philosophy, and economics. |
May 28, 2018 |
Glen Weyl on Radical Markets
01:03:27
Economist Glen Weyl of Microsoft Research New England and Visiting Senior Research Scholar at Yale University talks with EconTalk host Russ Roberts about his book (co-authored with Eric Posner) Radical Markets. Weyl urges a radical transformation of land and housing markets using a new federal real estate tax based on self-assessment. Owners would be required to sell their houses at the self-assessed price. Weyl argues this would eliminate the market power home owners have in the re-sale market and the revenue tax would could be used to reduce inequality. In the last part of the conversation, Weyl proposes an overhaul of U.S. immigration policy by having residents sponsor immigrants for a fee. |
May 21, 2018 |
Peter Boettke on Public Administration, Liberty, and the Proper Role of Government
01:12:46
Peter Boettke of George Mason University talks with EconTalk host Russ Roberts about the proper role of the state in the economy. This is a wide-ranging conversation on political economy. Topics include Adam Smith's view of the state, the tension between the state as enabler of real vs. crony capitalism, the potential for the poor to flourish in a market economy, and the challenges of democracy. |
May 20, 2018 |
Joel Peterson on Leadership, Betrayal, and the 10 Laws of Trust
01:13:16
How did the CEO of a real estate development company become chairman of an airline? How can a competent manager learn to trust his subordinates? Joel Peterson, chairman of the Board at JetBlue Airways and author of The 10 Laws of Trust, talks with EconTalk host Russ Roberts about his career at Trammell Crow and JetBlue and how the concept of trust, outlined in his book, has helped his career. He closes the conversation with a discussion of how he overcame his personal weaknesses that would have handicapped his career--or as he puts it, how he "rewrote his operating system." |
May 07, 2018 |
Ryan Holiday on Conspiracy, Gawker, and the Hulk Hogan Trial
01:17:50
Author Ryan Holiday discusses his book, Conspiracy, with EconTalk host Russ Roberts. This is a crazy episode about a crazy book about a crazy set of events--the Hulk Hogan lawsuit against the website Gawker, a lawsuit that was secretly funded by Peter Thiel. Holiday explains how this happened and the lessons for all of us related to conspiracies, patience, strategy, and revenge. Along the way, Holiday discusses his techniques for reading and lessons for how to grab someone's attention when looking for a job or opportunity. |
Apr 30, 2018 |
Jonah Goldberg on The Suicide of the West
01:27:24
Jonah Goldberg of National Review talks about his latest book, Suicide of the West, with EconTalk host Russ Roberts. Goldberg argues that both capitalism and democracy are at risk in the current contentious political environment. He argues that we take for granted what he calls "the miracle"--the transformation of the standard of living in the democracies with market economies. Goldberg argues that unless we actively work to preserve our political and economic systems, the forces of populism, nationalism, and tribalism will work steadily to destroy them. |
Apr 23, 2018 |
Jerry Muller on the Tyranny of Metrics
01:04:45
Historian and author Jerry Muller of Catholic University talks about his latest book, The Tyranny of Metrics, with EconTalk host Russ Roberts. Muller argues that public policy and management are overly focused on measurable outcomes as a measure of success. This leads to organizations and agencies over-focusing on metrics rather than their broader mission. The conversation includes applications to education, crime, and health care. |
Apr 16, 2018 |
Vincent Rajkumar on the High Price of Cancer Drugs
01:12:38
Can a life-saving drug be too expensive? What explains the high price of cancer drugs? Dr. Vincent Rajkumar of the Mayo Clinic talks with EconTalk host Russ Roberts about the high price of cancer drugs--drugs that can cost an American with cancer $300,000 per year and require multiple years of treatment. Rajkumar explains how little a role market forces play in setting prices and what might be done to improve the situation. |
Apr 09, 2018 |
Michael Munger on Traffic
01:14:08
Does rush-hour traffic drive you crazy? Is a congestion tax on car travel a good idea? Michael Munger of Duke University talks with EconTalk host Russ Roberts about the economics of traffic and congestion taxes. It takes a while to get there (how appropriate!) but they eventually agree that a tax on congestion while reducing travel time is harmful to many drivers and may be best thought of as any tax placed on a particular good--a way to raise government revenue from the pockets of the consumers of that good. |
Apr 02, 2018 |
Edward Glaeser on Joblessness and the War on Work
01:06:05
Why are fewer men working over the last few decades? Is a universal basic income a good policy for coping with the loss of employment? Economist Edward Glaeser of Harvard University talks with EconTalk host Russ Roberts about what Glaeser calls the war on work--the policy changes that have reduced employment among prime-aged men. Glaeser does not see the universal basic income as a viable solution to the decrease in work especially if technology ends up reducing employment opportunities more dramatically in the future. The conversation also includes a discussion of the role of cities and the reduction in geographic mobility in the United States. |
Mar 26, 2018 |
Beth Redbird on Licensing
01:02:28
Economists often oppose the expansion of licensing in America in recent years because it makes it harder for people with low skills to get access to opportunity. Sociologist Beth Redbird of Northwestern University talks with EconTalk host Russ Roberts about a different perspective. Redbird finds that licensing expands opportunity for women and minorities and has little impact on wages. She argues that licensing helps historically disadvantaged groups discover ways into various careers they otherwise would have trouble accessing. The discussion closes with a discussion of Redbird's work on the economic situation of Native Americans. |
Mar 19, 2018 |
Arnold Kling on Economics for the 21st Century
01:04:50
Economist, blogger, and author Arnold Kling talks with EconTalk host Russ Roberts about the state of economics in the 21st century. Kling argues that economics would be more useful if it took account of intangibles like culture, incorporated the role of financial intermediation in the economy, and modeled some of the the subtleties of the labor market--how wages are set and the role of team production. |
Mar 12, 2018 |
Nassim Nicholas Taleb on Rationality, Risk, and Skin in the Game
01:14:26
Nassim Nicholas Taleb, author of Skin in the Game, talks with EconTalk host Russ Roberts about the ideas in the book. This is the third episode of EconTalk with Taleb related to the general topic of skin in the game and how it affects decision-making and policy in an uncertain world. This episode focuses on rationality, religion, and the challenge of thinking about probability and risk correctly in a dynamic world. |
Mar 05, 2018 |
Elizabeth Anderson on Worker Rights and Private Government
01:07:05
Philosopher Elizabeth Anderson of the University of Michigan and author of Private Government talks about her book with EconTalk host Russ Roberts. Anderson argues that employers have excessive power over employees that we would never accept from government authority. Topics discussed include the role of competition in potentially mitigating employer control, whether some worker rights should be inviolate, potential measures for empowering employees, and the costs and benefits over time of a relatively unregulated labor market. |
Feb 26, 2018 |
Jordan Peterson on 12 Rules for Life
01:18:22
Jordan Peterson, author of 12 Rules for Life, talks about the book with EconTalk host Russ Roberts. Topics covered include parenting, conversation, the role of literature in everyday life, and the relationship between sacrificial rites and trade. |
Feb 19, 2018 |
Bryan Caplan on the Case Against Education
01:11:27
Bryan Caplan of George Mason University and the author of The Case Against Education talks about the book with EconTalk host Russ Roberts. Caplan argues that very little learning takes place in formal education and that very little of the return to college comes from skills or knowledge that is acquired in the classroom. Schooling, he concludes, as it is currently conducted is mostly a waste of time and money. Caplan bring a great deal of evidence to support his dramatic claim and much of the conversation focuses on the challenge of measuring and observing what students actually learn. |
Feb 12, 2018 |
Helen Pluckrose and James Lindsay on the Enemies of Modernity
01:09:26
Helen Pluckrose and James Lindsay talk with EconTalk host Russ Roberts about their essay on the enemies of modernity. Pluckrose and Lindsay argue that modernity--by which they mean democracy, reason, and individual liberty--is under attack from pre-modern and post-modern ideological enemies. They discuss why modernity is under attack and encourage people on the political left and right to support modernity. |
Feb 05, 2018 |
Marian Goodell on Burning Man
01:12:34
Marian Goodell, CEO of the Burning Man Project, talks with EconTalk host Russ Roberts about Burning Man, the 8-day art and music festival in the Nevada Desert. Goodell explains how Burning Man has evolved over the years, the principles and rules that govern the experience today, and plans for expanding the Burning Man experience around the world. |
Jan 29, 2018 |
John Ioannidis on Statistical Significance, Economics, and Replication
01:05:11
John Ioannidis of Stanford University talks with EconTalk host Russ Roberts about his research on the reliability of published research findings. They discuss Ioannidis's recent study on bias in economics research, meta-analysis, the challenge of small sample analysis, and the reliability of statistical significance as a measure of success in empirical research. |
Jan 22, 2018 |
Bill James on Baseball, Facts, and the Rules of the Game
01:02:20
Baseball stats guru and author Bill James talks with EconTalk host Russ Roberts about the challenges of understanding complexity in baseball and elsewhere. James reflects on the lessons he has learned as a long-time student of data and the role it plays in understanding the underlying reality that exists between different variables in sports and outside of sports. The conversation closes with a discussion of our understanding of social processes and the connection to public policy and the ideologies we hold. |
Jan 14, 2018 |
Dick Carpenter on Bottleneckers
01:14:58
Dick Carpenter of the Institute for Justice and author of Bottleneckers talks with EconTalk host Russ Roberts about his book--a look at how occupational licensing and other regulations protect existing job holders from competition. |
Jan 08, 2018 |
Kelly Weinersmith and Zach Weinersmith on Soonish
01:10:27
Ecologist Kelly Weinersmith and cartoonist Zach Weinersmith--creator of Saturday Morning Breakfast Cereal--talk with EconTalk host Russ Roberts about their new book, Soonish--a look at cutting-edge and not-quite cutting edge technologies. The Weinersmiths speculate about everything from asteroid mining to robotic house construction to the nasal cycle and how the human body and medicine might be transformed in the future. They discuss the likelihood of some really crazy stuff coming along and changing our lives as well as the possible downsides of innovation. |
Jan 01, 2018 |
Matt Stoller on Modern Monopolies
01:10:11
Matt Stoller of the Open Market Institute talks with EconTalk host Russ Roberts about the growing influence of Google, Facebook, and Amazon on commercial and political life. Stoller argues that these large firms have too much power over our options as consumers and creators as well as having a large impact on our access to information. |
Dec 25, 2017 |
Brink Lindsey and Steven Teles on the Captured Economy
01:09:34
Brink Lindsey of the Niskanen Center and Steven Teles of the Niskanen Center and Johns Hopkins University talk with EconTalk host Russ Roberts about their book, The Captured Economy. Lindsey and Teles argue that inequality has been worsened by special interests who steer policy to benefit themselves. They also argue that the influence of the politically powerful has lowered the overall growth of the American economy. |
Dec 18, 2017 |
John Cogan on Entitlements and the High Cost of Good Intentions
01:06:07
John Cogan of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about Cogan's book, The High Cost of Good Intentions, a history of U.S. entitlement policy. Cogan traces the evolution of government pensions beginning with Revolutionary War vets to the birth and evolution of the Social Security program. Surprises along the way include President Franklin Roosevelt as fiscal conservative and the hard-to-believe but true fact that there is still one person receiving monthly checks from the Civil War veterans pension program. The conversation concludes with Cogan's concerns over the growing costs of financing social security payments to baby boomers. |
Dec 12, 2017 |
Rachel Laudan on Food Waste
01:01:49
Historian Rachel Laudan talks with EconTalk host Russ Roberts about food waste. Laudan argues that there are tradeoffs in preventing food waste--in reduced time for example, or a reduction in food security, and that these tradeoffs need to be measured carefully when considering policy or giving advice to individuals or organizations. She also discusses the role of food taboos and moralizing about food. Along the way, Laudan defends the virtue of individual choice and freedom in deciding what to eat. |
Dec 04, 2017 |
Simeon Djankov and Matt Warner on the Doing Business Report and Development Aid
01:15:26
Simeon Djankov, creator of the World Bank's Doing Business Report, and Matt Warner, Chief Operating Officer of Atlas Network talk with EconTalk host Russ Roberts about the role regulation plays in economic development and the challenges of measuring regulatory barriers to new business creation. |
Nov 27, 2017 |
Tim Harford on Fifty Inventions That Shaped the Modern Economy
01:08:50
Financial Times columnist and author Tim Harford talks with EconTalk host Russ Roberts about Harford's latest book, Fifty Inventions That Shaped the Modern Economy. Highlights include how elevators are an important form of mass transit, why washing machines didn't save quite as much time as you'd think, and the glorious illuminating aspects of light throughout history. |
Nov 20, 2017 |
Anthony Gill on Tipping
01:05:42
Why does tipping persist? Despite the efforts of some restaurants to stop tipping, it remains a healthy institution and has recently spread to Uber. Political scientist Anthony Gill of the University of Washington talks with EconTalk host Russ Roberts about why tipping persists and what it achieves despite there being no formal way of enforcing this norm. |
Nov 13, 2017 |
Dennis Rasmussen on Hume and Smith and The Infidel and the Professor
01:11:36
How did the friendship between David Hume and Adam Smith influence their ideas? Why do their ideas still matter today? Political Scientist Dennis Rasmussen of Tufts University and author of The Infidel and the Professor talks with EconTalk host Russ Roberts about his book--the intellectual and personal connections between two of the greatest thinkers of all time, David Hume and Adam Smith. |
Nov 06, 2017 |
Michael Munger on Permissionless Innovation
01:07:51
Michael Munger of Duke University talks with EconTalk host Russ Roberts about permissionless innovation. Munger argues that the ability to innovate without permission is the most important concept of political economy. Munger defends this claim and explores the metaphor of emergent order as a dance, a metaphor coming from the German poet Schiller. |
Oct 30, 2017 |
Jennifer Burns on Ayn Rand and the Goddess of the Market
01:04:38
Jennifer Burns of Stanford University and the Hoover Institution talks with EconTalk host Russ Roberts about her biography of Ayn Rand, Goddess of the Market. They discuss Rand's philosophy, her influence, her relationship with the conservative movement, and the intersection of her personal life with her philosophical principles. |
Oct 23, 2017 |
Megan McArdle on Internet Shaming and Online Mobs
01:14:31
Author and journalist Megan McArdle of Bloomberg View talks with EconTalk host Russ Roberts about how the internet has allowed a new kind of shaming via social media and how episodes of bad behavior live on because Google's memory is very, very good. McArdle discusses the implications this new reality has on how we behave at work and how people protect and maintain their reputations in a world where nothing is forgotten and seemingly little is forgiven. |
Oct 16, 2017 |
Tim O'Reilly on What's the Future
01:02:46
Author Tim O'Reilly, founder of O'Reilly Media and long-time observer and commenter on the internet and technology, talks with EconTalk host Russ Roberts about his new book, WTF? What's the Future and Why It's Up to Us. O'Reilly surveys the evolution of the internet, the key companies that have prospered from it, and how the products of those companies have changed our lives. He then turns to the future and explains why he is an optimist and what can be done to make that optimism accurate. |
Oct 09, 2017 |
Robert Wright on Meditation, Mindfulness, and Why Buddhism is True
01:06:58
Robert Wright, author of Why Buddhism Is True, talks with EconTalk host Russ Roberts about the psychotherapeutic insights of Buddhism and the benefits of meditation and mindfulness. Wright argues our evolutionary past has endowed us with a mind that can be ill-suited to the stress of the present. He argues that meditation and the non-religious aspects of Buddhism can reduce suffering and are consistent with recent psychological research. |
Oct 02, 2017 |
Philip Auerswald on the Rise of Populism
01:19:40
Author and professor Philip Auerswald of George Mason University talks with EconTalk host Russ Roberts about the rise of populism in the United States and throughout the world. Auerswald argues that the rise of cities and the productivity of urban life has created a divergence in experience and rewards between urban and rural areas around the world. Auerswald ties these changes to changes in voting patterns and speculates about the sources of the increasing productivity of metropolitan areas. |
Sep 25, 2017 |
Gabriel Zucman on Inequality, Growth, and Distributional National Accounts
01:12:35
Gabriel Zucman of the University of California, Berkeley talks with EconTalk host Russ Roberts about his research on inequality and the distribution of income in the United States over the last 35 years. Zucman finds that there has been no change in income for the bottom half of the income distribution over this time period with large gains going to the top 1%. The conversation explores the robustness of this result to various assumptions and possible explanations for the findings. |
Sep 18, 2017 |
Gillian Hadfield on Law and Rules For a Flat World
01:07:17
Law professor Gillian Hadfield of the University of Southern California and author of Rules for a Flat World talks with EconTalk host Russ Roberts about the ideas in her book for regulating the digital future. Hadfield suggests the competitive provision of regulation with government oversight as a way to improve the flexibility and effectiveness of regulation in the dynamic digital world we are living in. |
Sep 11, 2017 |
Rob Reich on Foundations and Philanthropy
01:03:33
Is private charity always a good thing? Do large foundations have too much power? Political Scientist Rob Reich of Stanford University talks with EconTalk host Russ Roberts about the power and effectiveness of foundations--large collections of wealth typically created and funded by a wealthy donor. Is such a plutocratic institution consistent with democracy? Reich discusses the history of foundations in the United States and the costs and benefits of foundation expenditures in the present. |
Sep 03, 2017 |
Benedict Evans on the Future of Cars
01:07:24
Benedict Evans of Andreessen Horowitz talks with EconTalk host Russ Roberts about two important trends for the future of personal travel--the increasing number of electric cars and a world of autonomous vehicles. Evans talks about how these two trends are likely to continue and the implications for the economy, urban design, and how we live. |
Aug 28, 2017 |
John McWhorter on the Evolution of Language and Words on the Move
01:04:42
How did bad come to mean good? Why is Shakespeare so hard to understand? Is there anything good about "like" and "you know?" Author and professor John McWhorter of Columbia University talks with EconTalk host Russ Roberts about the unplanned ways that English speakers create English, an example of emergent order. Topics discussed include how words get short (but not too short), the demand for vividness in language, and why Shakespeare is so hard to understand. |
Aug 21, 2017 |
Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game
01:24:39
Nassim Nicholas Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb's blind spots and regrets, and the politics of globalization. |
Aug 14, 2017 |
Tyler Cowen on Stubborn Attachments, Prosperity, and the Good Society
01:00:45
Tyler Cowen of George Mason University and the co-host of the blog Marginal Revolution talks with EconTalk host Russ Roberts about Stubborn Attachments, his book-length treatment of how to think about public policy. Cowen argues that economic growth--properly defined--is the moral key to maintaining civilization and promoting human well-being. Along the way, the conversation also deals with inequality, environmental issues, and education. |
Aug 07, 2017 |
Alex Guarnaschelli on Food
01:03:55
Alex Guarnaschelli, Food Channel star and chef at Butter in midtown Manhattan, talks with EconTalk host Russ Roberts about what it's like to run a restaurant, the challenges of a career in cooking, her favorite dishes, her least favorite dishes, and what she cooked to beat Bobby Flay. |
Jul 31, 2017 |
Sally Satel on Organ Donation
01:00:12
Sally Satel, psychiatrist and resident scholar at the American Enterprise Institute, talks with EconTalk host Russ Roberts about the challenges of increasing the supply of donated organs for transplantation and ways that public policy might increase the supply. Satel, who has received two kidney donations, suggests a federal tax credit as a way to increase the supply of organs while saving the federal government money. She also discusses the ethical issues surrounding various forms of compensation for organ donors. |
Jul 24, 2017 |
Tamar Haspel on Food Costs, Animal Welfare, and the Honey Bee
01:01:51
Tamar Haspel, who writes "Unearthed," a column on food and agriculture at the Washington Post, talks with EconTalk host Russ Roberts about a wide variety of issues related to the cost of food and how it's produced. Topics discussed include why technology helps make some foods inexpensive, how animals are treated, the health of the honey bee, and whether eggs from your backyard taste any better than eggs at the grocery. |
Jul 17, 2017 |
Martha Nussbaum on Alexander Hamilton
01:01:58
Martha Nussbaum, professor of philosophy at the University of Chicago talks with EconTalk host Russ Roberts about Alexander Hamilton. Nussbaum talks about the tension between acquiring power and living a life of virtue. The topics discussed include Hamilton's relationship with Aaron Burr, Burr's complicated historical legacy, and the role of the humanities in our lives. |
Jul 10, 2017 |
Chris Blattman on Chickens, Cash, and Development Economics
01:03:40
Chris Blattman of the University of Chicago talks with EconTalk host Russ Roberts about whether it's better to give poor Africans cash or chickens and the role of experiments in helping us figure out the answer. Along the way he discusses the importance of growth vs. smaller interventions and the state of development economics. |
Jul 03, 2017 |
Robin Feldman on Drug Patents, Generics, and Drug Wars
01:05:21
Robin Feldman of the University of California Hastings College of Law and author of Drug Wars talks about her book with EconTalk host Russ Roberts. Feldman explores the various ways that pharmaceutical companies try to reduce competition from generic drugs. The conversation includes a discussion of the Hatch-Waxman Act and the sometimes crazy world of patent protection. |
Jun 26, 2017 |
Thomas Ricks on Churchill and Orwell
01:05:47
Author and historian Thomas Ricks talks with EconTalk host Russ Roberts about his book, Churchill and Orwell. Ricks makes the case that the odd couple of Winston Churchill and George Orwell played and play an important role in preserving individual liberty. Ricks reviews the contributions of these two giants whose lives overlapped and whose legacy remains vibrant. |
Jun 19, 2017 |
Don Boudreaux, Michael Munger, and Russ Roberts on Emergent Order
01:13:39
Why is it that people in large cities like Paris or New York City people sleep peacefully, unworried about whether there will be enough bread or other necessities available for purchase the next morning? No one is in charge--no bread czar. No flour czar. And yet it seems to work remarkably well. Don Boudreaux of George Mason University and Michael Munger of Duke University join EconTalk host Russ Roberts to discuss emergent order and markets. The conversation includes a reading of Roberts's poem, "It's a Wonderful Loaf." |
Jun 12, 2017 |
Christy Ford Chapin on the Evolution of the American Health Care System
01:05:52
Historian Christy Ford Chapin of University of Maryland Baltimore County and Johns Hopkins and author of Ensuring America's Health talks with EconTalk host Russ Roberts about her book--a history of how America's health care system came to be dominated by insurance companies or government agencies paying doctors per procedure. Chapin explains how this system emerged from efforts by the American Medical Association to stop various reform efforts over the decades. Chapin argues that different models might have emerged that would lead to a more effective health care system. |
Jun 05, 2017 |
David Boaz, P.J. O'Rourke, and George Will on the State of Liberty
01:04:51
What is the state of liberty in America? Is liberty increasing or decreasing? Should we be optimistic or pessimistic about the future? This week EconTalk features David Boaz, P.J. O'Rourke, and George Will discussing these questions and more with EconTalk host Russ Roberts in front of a live audience at the Cato Institute. |
May 29, 2017 |
Lant Pritchett on Poverty, Growth, and Experiments
01:03:14
How should we think about growth and poverty? How important is the goal of reducing the proportion of the world's population living on less than a dollar a day? Does poverty persist because people lack skills or because they live in economic systems where skills are not rewarded? What is the role of experimental methods in understanding what reduces poverty? Author and economist Lant Pritchett of Harvard University talks with EconTalk host Russ Roberts about these questions and more in a wide-ranging discussion of how best to help the world's poorest people. |
May 22, 2017 |
Cass Sunstein on #Republic
01:07:14
Author and legal scholar Cass Sunstein of Harvard University talks with EconTalk host Russ Roberts about his latest book, #Republic. Sunstein argues that the internet has encouraged people to frequent informational echo chambers where their views are reinforced and rarely challenged. In addition, there is a loss of public space where people might have to encounter dissonant ideas or causes they might wish to champion. Sunstein considers this a threat to democracy and discusses a variety of ways the situation might improve. |
May 15, 2017 |
Tyler Cowen on The Complacent Class
01:06:01
Author and economist Tyler Cowen of George Mason University talks with EconTalk host Russ Roberts about his book, The Complacent Class. Cowen argues that the United States has become complacent and the result is a loss of dynamism in the economy and in American life, generally. Cowen provides a rich mix of data, speculation, and creativity in support of his claims. |
May 08, 2017 |
Jennifer Pahlka on Code for America
00:59:36
Jennifer Pahlka, founder of Code for America, talks with EconTalk host Russ Roberts about the organization she started. Code for America works with private sector tech people to bring technology to the provision of government services. Pahlka discusses some of the success Code for America has had with improving government and the challenges of citizenship and technology in the 21st century. |
May 01, 2017 |
Elizabeth Pape on Manufacturing and Selling Women's Clothing and Elizabeth Suzann
01:15:53
Elizabeth Pape, founder of the women's clothing company Elizabeth Suzann, talks with EconTalk host Russ Roberts about starting and running her company--a manufacturer and seller of high-end women's clothing in Nashville, Tennessee. The conversation chronicles the ups and downs of her entrepreneurial story, the recent evolution of the women's clothing market, and the challenge of competition from lower quality, lower-priced products. |
Apr 24, 2017 |
Rana Foroohar on the Financial Sector and Makers and Takers
01:03:45
Journalist and author Rana Foroohar of the Financial Times talks with EconTalk host Russ Roberts about her book, Makers and Takers. Foroohar argues that finance has become an increasingly powerful part of the U.S. economy and has handicapped the growth and effectiveness of manufacturing and the rest of the economy. |
Apr 17, 2017 |
Erica Sandberg on Homelessness and Downtown Streets Team
00:57:40
Podcaster and writer Erica Sandberg talks with EconTalk host Russ Roberts about homelessness in San Francisco. Sandberg talks about what the city can do about homelessness and her experience with Downtown Streets Team, which gives homeless people in the Bay Area the chance to work in exchange for gift cards that let them buy food and other basics. |
Apr 10, 2017 |
Vanessa Williamson on Taxes and Read My Lips
01:08:38
Are Americans overtaxed? How does the average American feel about the tax system and tax reform? Vanessa Williamson of the Brookings Institution talks with EconTalk host Russ Roberts about her book, Read My Lips. Williamson shares the results of her survey of American attitudes toward taxation and government spending. People misperceive much about who pays what and the structure of the tax system, particularly the payroll tax. But some of what appears to be errors--about foreign aid and government waste for example, come from the average person's definition of these terms being different from the narrow meaning. |
Apr 03, 2017 |
Jason Barr on Building the Skyline and the Economics of Skyscrapers
01:17:36
Why does the Manhattan skyline look like it does with incredible skyscrapers south of City Hall then almost no tall buildings until midtown? Jason Barr of Rutgers University-Newark and author of Building the Skyline talks with EconTalk host Russ Roberts about the evolution of Manhattan as a place to live and work, and the mix of individual choices and government policy that created the skyline of Manhattan. |
Mar 27, 2017 |
Andrew Gelman on Social Science, Small Samples, and the Garden of the Forking Paths
01:07:41
Statistician, blogger, and author Andrew Gelman of Columbia University talks with EconTalk host Russ Roberts about the challenges facing psychologists and economists when using small samples. On the surface, finding statistically significant results in a small sample would seem to be extremely impressive and would make one even more confident that a larger sample would find even stronger evidence. Yet, larger samples often fail to lead to replication. Gelman discusses how this phenomenon is rooted in the incentives built into human nature and the publication process. The conversation closes with a general discussion of the nature of empirical work in the social sciences. |
Mar 20, 2017 |
Robert Whaples on the Economics of Pope Francis
00:58:18
Is capitalism part of the poverty problem facing the world or part of the solution? Are human beings doing a good job preserving the earth for future generations? To improve the world, should we improve capitalism or ourselves? Robert Whaples of Wake Forest University talks with EconTalk host Russ Roberts about "Laudato Si'," Pope Francis's encyclical on capitalism, poverty, and environmental issues. |
Mar 13, 2017 |
Nicholas Crafts, Luis Garicano, and Luigi Zingales on the Economic Future of Europe
01:02:42
What is the future of the European economy? What are the challenges facing Europe? What are the implications of Brexit for the United Kingdom and the rest of the Europe? Nicholas Crafts of the University of Warwick, Luis Garicano of the London School of Economics, and Luigi Zingales of the University of Chicago's Booth School of Business talk with EconTalk host Russ Roberts about these questions and more in front of a live audience at Stanford University's Hoover Institution. |
Mar 06, 2017 |
Paul Bloom on Empathy
01:08:24
Psychologist Paul Bloom of Yale University talks about his book Against Empathy with EconTalk host Russ Roberts. Bloom argues that empathy--the ability to feel the emotions of others--is a bad guide to charitable giving and public policy. Bloom argues that reason combined with compassion is a better and more effective guide to making the world a better place. |
Feb 27, 2017 |
Tom Wainwright on Narconomics
01:11:21
When fighting the war on drugs, governments typically devote enormous resources trying to reduce the supply. But is this effective? Journalist and author Tom Wainwright of the Economist and author of Narconomics talks with EconTalk host Russ Roberts about the ways that the drug cartels respond to government attempts to reduce the availability of drugs. Like any business trying to maintain profitability, cartels look for ways to cut costs and maintain or grow revenue. Wainwright uses extensive on-the-ground interviews and reporting to understand the behavior of the cartels and argues that reducing demand would be a much more effective strategy for reducing drug use. |
Feb 20, 2017 |
Jim Epstein on Bitcoin, the Blockchain, and Freedom in Latin America
00:59:51
Writer, reporter, and film producer Jim Epstein talks with EconTalk host Russ Roberts about mining Bitcoins in Venezuela as a way to import food. Venezuela is a tragicomic example of how policy can lead to strange and presumably unexpected outcomes. Epstein also discusses how Bitcoin is being used elsewhere in Latin America and the potential for the blockchain technology to lower the costs of owning and transferring property. |
Feb 13, 2017 |
Gary Taubes on the Case Against Sugar
01:16:57
Sugar appears to have no nutritional value. But is it more than just empty calories? Is it actually bad for us? Author and journalist Gary Taubes talks with EconTalk host Russ Roberts about his latest book, The Case Against Sugar. Taubes argues that there is substantial circumstantial evidence suggesting that sugar is the underlying cause of a host of modern health problems including diabetes, heart disease, and obesity. Taubes concedes the evidence is not iron-clad or definitive and reflects along the way on the intellectual and personal challenges of holding a strong view in the face of significant skepticism. |
Feb 06, 2017 |
George Borjas on Immigration and We Wanted Workers
01:05:19
George Borjas of Harvard University and author of We Wanted Workers talks with EconTalk host Russ Roberts about immigration and the challenges of measuring the impact of increased immigration on American workers and consumers. The discussion also looks at the cultural impact of immigration and what immigration in the past can tell us about immigration today. |
Jan 30, 2017 |
Sam Quinones on Heroin, the Opioid Epidemic, and Dreamland
01:09:56
How did heroin spread beyond big cities in America? What's the connection between heroin and America's opioid problem? Sam Quinones, author of Dreamland, talks with EconTalk host Russ Roberts about the explosion in heroin use and how one small Mexican town changed how heroin was produced and sold in America. That in turn became entangled with the growth in the use of pain-killers as recreational drugs. Drawing on the investigative reporting that culminated in his book, Quinones lays out the recent history and economics of the growth in heroin and pain-killer usage and the lost lives along the way. |
Jan 23, 2017 |
Michael Munger on the Basic Income Guarantee
01:04:16
Michael Munger of Duke University talks with EconTalk host Russ Roberts about the virtues and negatives of a basic guaranteed income--giving every American adult an annual amount of money to guarantee a subsistence level of well-being. How would such a plan work? How would it interact with current anti-poverty programs? How would it affect recipients and taxpayers? Munger attacks these issues and more in a lively conversation with Roberts. |
Jan 16, 2017 |
Robert Hall on Recession, Stagnation, and Monetary Policy
01:08:23
Economist Robert Hall of Stanford University talks with EconTalk host Russ Roberts about the current state of the U.S. economy and what we know and don't know about the recovery from the Great Recession. Much of the conversation focuses on the choices facing the Federal Reserve and the policy instruments the Fed has available. The conversation includes a discussion of Hall's experience as chair of the National Bureau of Economic Research Committee on Business Cycle Dating. |
Jan 09, 2017 |
Mark Warshawsky on Compensation, Health Care Costs, and Inequality
01:07:02
Economist and author Mark Warshawsky of George Mason Univerity's Mercatus Center talks with EconTalk host Russ Roberts about his work on the role health care benefits play in measuring inequality. Using data from the Bureau of Labor Statistics, Warshawsky shows that because health care benefits are a larger share of compensation for lower-paid than higher-paid workers, measures of inequality and even measures of economic progress can be misleading or distorted. The conversation covers a wide range of topics related to how the labor market treats workers and the role of benefits in setting overall compensation. |
Jan 02, 2017 |
Chris Blattman on Sweatshops
01:17:40
If you were a poor person in a poor country, would you prefer steady work in a factory or to be your own boss, buying and selling in the local market? Economist Chris Blattman of the University of Chicago talks with EconTalk host Russ Roberts about experimental evidence on how poor people choose in the labor market and the consequences for their income, health, and satisfaction. |
Dec 26, 2016 |
Terry Anderson on Native American Economics
01:07:11
Terry Anderson of PERC talks with EconTalk host Russ Roberts about economic life for Native Americans. Anderson discusses economic life before the arrival of Europeans and how current policy affects Native Americans living on reservations today. |
Dec 19, 2016 |
Bruce Bueno de Mesquita on the Spoils of War
01:15:10
There is a fascinating and depressing positive correlation between the reputation of an American president and the number of people dying in wars while that president is in office. Political scientist Bruce Bueno de Mesquita of NYU and co-author of The Spoils of War talks with EconTalk host Russ Roberts about how presidents go to war. Bueno de Mesquita argues that the decision of how and when to go to war is made in self-interested ways rather than in consideration of what is best for the nation. The discussion includes a revisionist perspective on the presidencies of George Washington, Abraham Lincoln, and others as Bueno de Mesquita tries to make the case that the reputations of these men are over-inflated. |
Dec 12, 2016 |
Thomas Leonard on Race, Eugenics, and Illiberal Reformers
01:08:15
Were the first professional economists racists? Thomas Leonard of Princeton University and author of Illiberal Reformers talks with EconTalk host Russ Roberts about his book--a portrait of the progressive movement and its early advocates at the end of the 19th century and the beginning of the 20th. The economists of that time were eager to champion the power of the state and its ability to regulate capitalism successfully. Leonard exposes the racist origins of these ideas and the role eugenics played in the early days of professional economics. Woodrow Wilson takes a beating as well. |
Dec 05, 2016 |
Doug Lemov on Reading
01:02:47
Doug Lemov of Uncommon School and co-author of Reading Reconsidered talks with EconTalk host Russ Roberts about reading. Lemov makes the case for the educational importance of critical reading of challenging books and texts. Along the way, he gives listeners some ideas of how to read themselves and gives parents some ideas for how to educate their children. |
Nov 28, 2016 |
Erik Hurst on Work, Play, and the Dynamics of U.S. Labor Markets
01:11:04
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. |
Nov 21, 2016 |
Tim Harford on the Virtues of Disorder and Messy
01:12:31
Tim Harford, journalist and author, talks with EconTalk host Russ Roberts about his latest book, Messy. Harford argues that we have a weakness for order and neat solutions causing us to miss opportunities to find happiness or success with messier, more disorderly processes and solutions. Hartford looks at a wide range of examples from business and personal life making the case that tidiness is overrated and that messy should get more love. |
Nov 14, 2016 |
David Gelernter on Consciousness, Computers, and the Tides of Mind
01:08:30
David Gelernter, professor of computer science at Yale University and author of The Tides of Mind, talks with EconTalk host Russ Roberts about consciousness and how our minds evolve through the course of the day and as we grow up. Other topics discussed include creativity, artificial intelligence, and the singularity. |
Nov 07, 2016 |
Judith Donath on Signaling, Design, and the Social Machine
01:08:18
Judith Donath, author of The Social Machine, talks with EconTalk host Russ Roberts about the ideas in her book--an examination of signaling, online identity, and online community. Donath argues that design elements in technology play a key role in our interactions with one another. The conversation closes with a discussion of data collection by corporations and the government. |
Oct 31, 2016 |
Casey Mulligan on Cuba
01:01:49
Casey Mulligan of the University of Chicago talks with EconTalk host Russ Roberts about life in Cuba. Mulligan, who recently returned from a trip to Cuba, discusses the economy, the standard of living and some of the peculiarities of communist control. |
Oct 24, 2016 |
Chris Arnade on the Mexican Crisis, TARP, and American Poverty
01:09:07
Chris Arnade, former Wall Street trader turned photographer and social chronicler, talks with EconTalk host Russ Roberts about what he learned from the front lines of the financial industry in the 1990s and 2000s when everything slowly and then very quickly began to fall apart. He also discusses his transition into observer and photographer of drug addicts, the poor, and the forgotten parts of America. |
Oct 17, 2016 |
Angus Deaton on Inequality, Trade, and the Robin Hood Principle
01:05:04
Nobel Laureate in Economics Angus Deaton of Princeton University talks with EconTalk host Russ Roberts about the economics of trade and aid. Deaton wonders if economists should re-think the widely-held view that redistribution from rich nations to poor nations makes the world a better place. The conversation focuses on the challenges facing poor Americans including the rising mortality rate for white Americans ages 45-54. |
Oct 10, 2016 |
Cathy O'Neil on Weapons of Math Destruction
01:11:08
Cathy O'Neil, data scientist and author of Weapons of Math Destruction talks with EconTalk host Russ Roberts about the ideas in her book. O'Neil argues that the commercial application of big data often harms individuals in unknown ways. She argues that the poor are particularly vulnerable to exploitation. Examples discussed include prison sentencing, college rankings, evaluations of teachers, and targeted advertising. O'Neil argues for more transparency and ethical standards when using data. |
Oct 03, 2016 |
John Cochrane on Economic Growth and Changing the Policy Debate
01:02:25
How are those in favor of bigger government and those who want smaller government like a couple stuck in a bad marriage? Economist John Cochrane of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about how to take a different approach to the standard policy arguments. Cochrane wants to get away from the stale big government/small government arguments which he likens to a couple who have gotten stuck in a rut making the same ineffective arguments over and over. Cochrane argues for a fresh approach to economic policy including applications to growth, taxes and financial regulation. |
Sep 26, 2016 |
Eric Wakin on Archiving, Preservation, and History
01:03:51
What does an x-ray of Hitler's skull have in common with a jar of Ronald Reagan's jelly beans? They are both part of the Hoover Institution archives. Eric Wakin, Director of the Library and Archives of the Hoover Institution at Stanford University talks with EconTalk host Russ Roberts about what it's like to be an archivist and the importance of archival materials for research, culture, and memory. |
Sep 19, 2016 |
Susan Athey on Machine Learning, Big Data, and Causation
01:01:33
Can machine learning improve the use of data and evidence for understanding economics and public policy? Susan Athey of Stanford University talks with EconTalk host Russ Roberts about how machine learning can be used in conjunction with traditional econometric techniques to measure the impact of say, the minimum wage or the effectiveness of a new drug. The last part of the conversation looks at the experimental techniques being used by firms like Google and Amazon. |
Sep 12, 2016 |
Terry Moe on the Constitution, the Presidency, and Relic
01:02:01
Are there many Americans today who wish the President of the United States had more power relative to the other branches of Congress? Terry Moe is one of them. In this week's EconTalk episode, Moe--a professor of political science at Stanford University and a senior fellow at the Hoover Institution--talks with EconTalk host Russ Roberts about his new book (co-authored with William Howell), Relic. Moe wants to give the President the power to propose legislation that Congress would have to approve or reject free of amendments. Moe argues this would improve legislation and reduce the cronyism and special interest influence on Congress. |
Sep 05, 2016 |
Leo Katz on Why the Law is So Perverse
01:14:13
Leo Katz, professor of law at the University of Pennsylvania, talks with EconTalk host Russ Roberts about his book, Why the Law Is So Perverse. Katz argues that certain seemingly inexplicable features of the law are the result of conflicts between multiple objectives that the law or the courts must trade off against each other. Katz also argues that structure of the law and how it is enforced are analogous to certain inevitable ambiguities of collective choice and voting theory. |
Aug 29, 2016 |
Michael Munger on Slavery and Racism
01:14:28
Michael Munger of Duke University talks with EconTalk host Russ Roberts about how attitudes in the American South toward slavery evolved over time and what we can learn from that evolution about the role culture plays in our lives. |
Aug 22, 2016 |
Chuck Klosterman on But What If We're Wrong
01:02:23
Chuck Klosterman, author of But What If We're Wrong, talks with EconTalk host Russ Roberts about the possibility that things we hold to be undeniably true may turn out to be totally false in the future. This wide-ranging conversation covers music and literary reputations, fundamentals of science, and issues of self-deception and illusion. |
Aug 15, 2016 |
Adam D'Angelo on Knowledge, Experimentation, and Quora
01:06:13
Adam D'Angelo, CEO of the question and answer website, Quora, talks with EconTalk host Russ Roberts about the history, evolution, and challenges of Quora. Along the way they discuss the aggregation of knowledge and the power of experiments for improving the day-to-day performance of the site. |
Aug 08, 2016 |
Matthew Futterman on Players and the Business of Sports
01:04:18
Fifty years ago, many of the best players in the National Football League took jobs in the off-season to augment the salaries they earned playing football. Matthew Futterman of the Wall Street Journal and author of Players talks with EconTalk host Russ Roberts about how much football and so many aspects of sports--from tennis to golf to apparel to broadcasting to Olympics--has become incredibly more lucrative. Futterman shares the insights from his book and how all that money has changed sports, the athletes who compete, and the fans who watch. |
Aug 01, 2016 |
Angela Duckworth on Grit
01:09:27
How important is grit relative to talent? Can grit be taught? Angela Duckworth of the University of Pennsylvania and author of Grit: The Power of Passion and Perseverance talks with with EconTalk host Russ Roberts about the nature of success in work, play and life. How much does grit matter? Is grit malleable or something we're born with? Duckworth discusses her research on these questions and how to think about what it means for a child and an adult to thrive. |
Jul 25, 2016 |
Ryan Holiday on Ego is the Enemy
01:05:42
How does our attitude toward ourselves affect our success or failure in the world of business or in friendship? Ryan Holiday, author of Ego Is the Enemy, talks with Econtalk host Russ Roberts about the role of ego in business, our personal lives, and world history. |
Jul 18, 2016 |
Jonathan Skinner on Health Care Costs, Technology, and Rising Mortality
01:03:07
Technology and innovation usually mean higher quality and lower prices. Is health care different? Jonathan Skinner of Dartmouth College talks with EconTalk host Russ Roberts about how technology and innovation affect the cost and efficacy of health care. The conversation concludes with a discussion of the rise in mortality among middle-age white males--a surprising reversal of trend--that has been linked to use of opioid painkillers. |
Jul 11, 2016 |
Yuval Levin on The Fractured Republic
01:01:29
Yuval Levin, author and editor of National Affairs, talks with EconTalk host Russ Roberts about the ideas in his latest book, The Fractured Republic. Levin argues that both major political parties suffer from a misplaced nostalgia--a yearning for a time when things were better even though the policies that created those good times are no longer as relevant to today. Levin argues for a strengthening of the intermediate institutions--institutions between the individual and the government such as religious communities and other non-profits as a way toward a better life for Americans. |
Jul 04, 2016 |
Richard Epstein on Cruises, First-Class Travel, and Inequality
01:03:41
How should we feel about cruise lines that offer special amenities for top-paying travelers, or first-class sections of airplanes? Do such consumption inequalities harm the social fabric or is there more to the story? Richard Epstein of New York University and the Hoover Institution talks with EconTalk host Russ Roberts about these issues arguing that these kinds of unequal treatment provide benefits beyond those who receive the top-of-the-line option. The conversation then moves on to a general discussion of inequality, taxation, and redistribution. |
Jun 27, 2016 |
Kevin Kelly on the Inevitable
01:02:26
Futurist, author, and visionary Kevin Kelly talks with EconTalk host Russ Roberts about his latest book, The Inevitable, Kelly's look at what the future might be like and the role of the human experience in a world increasingly filled with information, artificial intelligence, virtual reality, and the connecting of the planet's population. |
Jun 20, 2016 |