Cover image of Political Economy with Jim Pethokoukis
(70)
News
Business News
Politics

Political Economy with Jim Pethokoukis

Updated 10 days ago

News
Business News
Politics
Read more

Tune in each week as the American Enterprise Institute’s Jim Pethokoukis interviews economists, business leaders, academics and others on the most important and interesting issues of the day. You can find all episodes at AEI, Ricochet, and wherever podcasts are downloaded, and look for follow-up transcripts and blog posts at aei.org/publication/blog.

Read more

Tune in each week as the American Enterprise Institute’s Jim Pethokoukis interviews economists, business leaders, academics and others on the most important and interesting issues of the day. You can find all episodes at AEI, Ricochet, and wherever podcasts are downloaded, and look for follow-up transcripts and blog posts at aei.org/publication/blog.

iTunes Ratings

70 Ratings
Average Ratings
57
5
2
4
2

In depth conversations

By JMNC - Jan 16 2020
Read more
I enjoy the focus on a topic and interesting interviews. Well done!

Ancient Robots

By rabidmoderate - Sep 21 2019
Read more
Totally fascinating. Thank you

iTunes Ratings

70 Ratings
Average Ratings
57
5
2
4
2

In depth conversations

By JMNC - Jan 16 2020
Read more
I enjoy the focus on a topic and interesting interviews. Well done!

Ancient Robots

By rabidmoderate - Sep 21 2019
Read more
Totally fascinating. Thank you
Cover image of Political Economy with Jim Pethokoukis

Political Economy with Jim Pethokoukis

Latest release on Apr 08, 2020

Read more

Tune in each week as the American Enterprise Institute’s Jim Pethokoukis interviews economists, business leaders, academics and others on the most important and interesting issues of the day. You can find all episodes at AEI, Ricochet, and wherever podcasts are downloaded, and look for follow-up transcripts and blog posts at aei.org/publication/blog.

Rank #1: Alan Viard on America’s tax system after the TCJA

Podcast cover
Read more

How have the Trump tax cuts affected America’s economy, or do we even know yet? Have they stimulated investment as promised? More broadly, what solutions are at our disposal to fix the deficits these cuts have generated? What are we to make of proposals to repeal the Cadillac tax or index the capital gains tax to inflation?  And which tax policies will the left and the right pursue next? On this episode, twice-returning guest Alan Viard of AEI joins me to explore these questions.

Alan Viard is a resident scholar here at AEI, where he researches federal tax and budget policy. He earned his PhD in economics from Harvard University, has worked as a senior economist at the Federal Reserve Bank of Dallas, and was a senior economist at the White House’s Council of Economic Advisers.

Additionally, you can check out the full transcript of our conversation here, or read a shortened version here.

The post Alan Viard on America’s tax system after the TCJA appeared first on American Enterprise Institute - AEI.

Aug 15 2019

36mins

Play

Rank #2: Ep. 112: What happens when ideas become harder and harder to find — Political Economy Podcast with James Pethokoukis

Podcast cover
Read more

Just to maintain our current overall rate of economic growth, the economy has to double its research efforts every 13 years. At least according to Stanford economics professor Nicholas Bloom and his co-authors in their recent paper, “Are Ideas Getting Harder to Find?” He joined me to discuss the policy implications of his research, and what it means for US growth going forward. We also discuss his work on economic uncertainty, how to measure it and how much it really affects the economy, and why Paul Krugman has attacked his thesis so much.

Nick Bloom is a professor of economics at Stanford University, a Senior Fellow of SIEPR, and co-director of the Productivity, Innovation, and Entrepreneurship program at the National Bureau of Economic Research.

You can download the episode by clicking the link above, and don’t forget to subscribe to my podcast on iTunes or Stitcher. Tell your friends, leave a review.

You can also check out the transcript of this podcast here.

The post Ep. 112: What happens when ideas become harder and harder to find — Political Economy Podcast with James Pethokoukis appeared first on American Enterprise Institute - AEI.

Sep 07 2018

31mins

Play

Rank #3: Dalibor Rohac on globalism, nationalism, and conservatism

Podcast cover
Read more

In an era of nationalism in American politics, can globalists still make an effective case? What do international institutions like the UN and EU even do for America in the first place? And why is it worth preserving them — besides the fact that we set many of them up in the first place? AEI’s Dalibor Rohac joins the podcast to answer these questions and more.

Dalibor is a Resident Scholar at AEI, where he studies European political and economic trends. He is concurrently a visiting junior fellow at the Max Beloff Centre for the Study of Liberty at the University of Buckingham in the UK and a fellow at the Institute of Economic Affairs in London. Most recently, he is the author of In Defense of Globalism.

You can also check out the transcript of this podcast here.

Learn more: America’s economic future will be driven by openness and innovation, not drawbridge-up protectionism. Just as always. | 5 questions with Bryan Caplan on open borders | Why I'm a globalist

The post Dalibor Rohac on globalism, nationalism, and conservatism appeared first on American Enterprise Institute - AEI.

Dec 04 2019

29mins

Play

Rank #4: Michael Strain: The American Dream is not dead

Podcast cover
Read more

According to the conventional wisdom, America’s economy has not delivered for most Americans over the past few decades. Pessimistic observers on both sides of the aisle claim that — as a result of globalization, automation, immigration, or elitist policymakers — wages have stagnated, economic mobility has evaporated, and the middle class has hollowed out. And so a new wave of populism has led to politicians ranging from Marco Rubio to Elizabeth Warren to Donald Trump to claim that the American Dream is no longer available to regular Americans.

But, according to Michael Strain, this is not true. While America faces many challenges, our economy still delivers for regular workers, and populists should not try to tear down what isn’t broken. He outlines this argument in his upcoming book, The American Dream Is Not Dead: (But Populism Could Kill It), which will be out at the end of the month.

Michael Strain is the director of economic policy studies and the Arthur F. Burns Chair in Political Economy here at AEI. Previously, he worked for the US Census Bureau and the Federal Reserve Bank of New York. He is a columnist for Bloomberg Opinion, and his essays and op-eds have been published by The New York Times, The Washington Post, The Atlantic, National Review, and The Weekly Standard.

You can also check out the transcript of this podcast here.

Learn more: Thomas Philippon: How America gave up on free markets | Alain Bertaud: How markets shape cities | Kimberly Clausing: The progressive case for globalization

The post Michael Strain: The American Dream is not dead appeared first on American Enterprise Institute - AEI.

Feb 05 2020

41mins

Play

Rank #5: Daniel Shoag: Reduce inequality and boost growth by building more housing

Podcast cover
Read more

Why have housing costs skyrocketed in the past few decades? To what extent do these costs keep people from moving to prospering cities in search of opportunity? And how can we combat this issue through both local and state policy? Daniel Shoag explores these questions in his recent policy analysis for the Hamilton Project, “Removing Barriers to Accessing High-Productivity Places.”

Daniel is an associate professor of public policy at Harvard Kennedy School, a visiting professor at Case Western Reserve University, and an affiliate of the Taubman Center for State and Local Government. He was selected as one of Forbes magazine’s 30 under 30 in 2012. Daniel has worked as a visiting scholar at the Federal Reserve Bank of Boston, a visiting professor at Tel Aviv University, and was selected as a rising new scholar by the Stanford University Center on Poverty and Inequality.

You can also check out the transcript of this podcast here.

Learn more: Tech hubs and the labor market: A long-read Q&A with Enrico Moretti | The power of economic freedom, in pictures and words | California has a housing crisis, and Californians seem confused about how to solve it

The post Daniel Shoag: Reduce inequality and boost growth by building more housing appeared first on American Enterprise Institute - AEI.

Dec 11 2019

36mins

Play

Rank #6: Margaret O’Mara on Silicon Valley’s past, present, and future

Podcast cover
Read more

Our technological progress in the modern world seems so reliant on developments in Silicon Valley. It begs the question: How did all of that economic power even develop? What was so special about this place — just another agricultural valley in California — after World War II? And do the motivations of those early entrepreneurs still align with the interests of Silicon Valley’s current tech giants? To explore these developments in Silicon Valley, I’ve invited Margaret O’Mara, the author of The Code: Silicon Valley and the Remaking of America, onto the podcast.

Margaret O’Mara is a historian at the University of Washington. She writes and teaches about modern America, the history of the technology industry, American politics, and the connections between the two. She is an expert on the history of Silicon Valley as well as the presidency in the US. She is also a contributing opinion writer at The New York Times.

Additionally, you can check out the full transcript of our conversation here, or read a shortened version here.

Learn more: 'A Culture of Growth:' A long read Q&A with economic historian Joel Mokyr | 5 questions for Avi Loeb on interstellar probes, extraterrestrial life, and federal funding for future moonshots

The post Margaret O’Mara on Silicon Valley’s past, present, and future appeared first on American Enterprise Institute - AEI.

Sep 25 2019

38mins

Play

Rank #7: Avi Loeb on the search for life beyond Earth

Podcast cover
Read more

In October 2017, astronomers in Hawaii detected something that astronomers had never detected before: an interstellar object passing through our Solar System. Something from out there — really out there — was zipping through our planetary neighborhood at nearly 200,000 miles per hour. Scientists at the University of Hawaii dubbed it “Oumuamua” — Hawaiian for scout. But what was his unexpected and oddly-shaped guest? It was briefly classified as an asteroid until new measurements found it accelerating slightly, a sign that it was behaving more like a comet. But maybe ‘Oumuamua was something else entirely. In a co-authored paper last year, Avi Loeb, a theoretical physicist and the chair of Harvard University’s astronomy department, theorized that ‘Oumuamua is “of artificial origin,” perhaps “a lightsail floating in interstellar space as a debris from advanced technological equipment. … Alternatively, a more exotic scenario is that ‘Oumuamua may be a fully operational probe sent intentionally to Earth vicinity by an alien civilization.”

In addition to his aforementioned mentioned academic duties, Professor Loeb is the founding director of Harvard’s Black Hole Initiative and chairs the advisory committee of the Breakthrough Foundation’s Starshot Initiative. In 2012, Time Magazine selected Professor Loeb as one of the 25 most influential people in space. He is here today to discuss his recent work on federal leadership in science and technology innovation, how to think about the future of space exploration, and of course ‘Oumuamua.

You can also check out the transcript of this podcast here.

You can download this episode by clicking the link above, and don’t forget to subscribe to my podcast on iTunes or Stitcher. Tell your friends, leave a review.

The post Avi Loeb on the search for life beyond Earth appeared first on American Enterprise Institute - AEI.

Jul 18 2019

36mins

Play

Rank #8: Enrico Moretti on tech hubs and economic opportunity

Podcast cover
Read more

Why do innovative businesses tend to “cluster” together in tech hubs like Silicon Valley? Why do these companies stay in these expensive cities when they could go to another city with significantly cheaper costs? Can these tech hubs be better governed? And how might other cities catch up? To explore these questions, I am delighted to speak with Enrico Moretti.

Enrico Moretti is the Michael Peevey and Donald Vial Professor of Economics at Berkeley. He is also an associate with NBER and a Fellow for the Centre of Economic Policy Research and the Institute for the Study of Labor. And he is the editor-in-chief of the Journal of Economic Perspectives. His 2012 book, The New Geography of Jobs, brought to light much of the data showing that high-tech industries tend to cluster together in small areas, and he has repeatedly returned to this subject in his academic work since then, including in his new paper, “The Effect of High-Tech Clusters on the Productivity of Top Inventors.”

You can also check out the transcript of this podcast here.

Learn more: Carl Benedikt Frey on the technology trap | Stian Westlake on the rise of the intangible economy | Silicon Valley: An unrepeatable miracle? A long-read Q&A with Margaret O'Mara

The post Enrico Moretti on tech hubs and economic opportunity appeared first on American Enterprise Institute - AEI.

Nov 13 2019

36mins

Play

Rank #9: Alex Trembath on the Green New Deal, climate change, and the case for nuclear energy

Podcast cover
Read more

What does Rep. Alexandria Ocasio-Cortez’s Green New Deal get wrong about lowering carbon emissions? What is ecomodernism? And how can nuclear power play a roll in our high energy future? On this episode, the Breakthrough Institute’s Alex Trembath discusses how we can achieve a high-growth, high-energy future with a smaller carbon footprint.

Alex Trembath is the Deputy Director of the Breakthrough Institute, where he helps coordinate Breakthrough’s research on technological solutions to environmental and human development challenges.

You can download the episode by clicking the link above, and don’t forget to subscribe to my podcast on iTunes or Stitcher. Tell your friends, leave a review.

You can also check out the transcript of this podcast here.

The post Alex Trembath on the Green New Deal, climate change, and the case for nuclear energy appeared first on American Enterprise Institute - AEI.

Jun 06 2019

34mins

Play

Rank #10: Thomas Philippon: How America gave up on free markets

Podcast cover
Read more

How concentrated is corporate power in America today? How big of a problem is this? According to Thomas Philippon, the answers are “more concentrated than in Europe, and more concentrated than any other time in recent American history,” and, more simply, “yes, it’s a big problem.” On today’s podcast, Thomas and I delve into this argument, outlined in his recently released book, The Great Reversal: How America Gave Up on Free Markets. We explore how industry concentration has affected various American markets — from air travel to health care. We also explore the difference between good and bad concentration, and discuss which label better applies to big technology companies.

Thomas is a professor of finance at New York University’s Leonard N. Stern School of Business. He is also an associate editor of the American Economic Journal and a research associate at the National Bureau of Economic Research.

You can also check out the transcript of this podcast here.

Learn more: Alain Bertaud: How markets shape cities | Kimberly Clausing: The progressive case for globalization | Peter Klenow: Reflections on a decade of slow economic growth

The post Thomas Philippon: How America gave up on free markets appeared first on American Enterprise Institute - AEI.

Jan 29 2020

24mins

Play

Rank #11: Hal Varian: In defense of Big Tech

Podcast cover
Read more

The debate in Washington about the American technology sector has shifted in recent years, going from “Big Tech is leading us to the future” to “What has tech done for us lately?” So has the technology sector failed to deliver for the past few decades? And what should policymakers and scientists be doing to maximize technological advancement? Hal Varian joins me on today’s episode of Political Economy to explain why he is much more optimistic about the few decades’ worth of innovation.

Hal is the chief economist at Google. He is also an emeritus professor at the University of California, Berkeley, where he was the founding dean of its School of Information. He’s also the author of two economics textbooks, and the co-author of the bestselling business strategy book, Information Rules: A Strategic Guide to the Network Economy.

You can also check out the transcript of this podcast here.

Learn more: Paul Vigna: How blockchain could change the world | Michael Strain: The American Dream is not dead | Erik Brynjolfsson: Can AI help us overcome the productivity paradox?

The post Hal Varian: In defense of Big Tech appeared first on American Enterprise Institute - AEI.

Feb 26 2020

32mins

Play

Rank #12: Will Rinehart: Big Tech, broadband access, and artificial intelligence

Podcast cover
Read more

Why do so many
politicians and ideologues suddenly dislike Google, Facebook, and Amazon? Are
they too monopolistic, and are they using our data ethically? Also, how can we
make broadband more accessible for rural America? And what policies should we
put in place in order to fully benefit from the rise of artificial
intelligence. Will Rinehart joins me to explore all of these questions in today’s
wide-ranging podcast.

Will is the director of Technology and Innovation Policy at the American Action Forum, where he specializes in telecommunication, Internet, and data policy. He is also a Frédéric Bastiat Fellow at the Mercatus Center, and was previously a research fellow at Tech Freedom.

You can also check out the transcript of this podcast here.

Learn more: What are the costs of technological progress delayed or denied? | Tech hubs and the labor market: A long-read Q&A with Enrico Moretti | How more housing will boost economic growth: A long-read Q&A with Daniel Shoag

The post Will Rinehart: Big Tech, broadband access, and artificial intelligence appeared first on American Enterprise Institute - AEI.

Dec 18 2019

41mins

Play

Rank #13: Benedict Evans on where the tech industry is taking us next

Podcast cover
Read more

Should we be so pessimistic about the role of technology in our lives? Has 5G been overhyped? And when will autonomous cars be a reality for consumers? On this episode, Andreessen Horowitz’s Benedict Evans discusses why we respond the way we do to technological change and where the tech industry is taking us next.

Benedict Evans is a partner at the Silicon Valley venture capital firm Andreessen Horowitz (‘a16z’) and also runs a popular email newsletter.

You can download the episode by clicking the link above, and don’t forget to subscribe to my podcast on iTunes or Stitcher. Tell your friends, leave a review.

You can also check out the transcript of this podcast here.

The post Benedict Evans on where the tech industry is taking us next appeared first on American Enterprise Institute - AEI.

Apr 04 2019

49mins

Play

Rank #14: Scott Lincicome on the trade war

Podcast cover
Read more

What have been the
economic costs of the trade conflict between America and China? Who has borne
these costs? How will the struggle end? And how acceptable was the status quo
before President Trump initiated this trade war? To unpack these questions, I’m
delighted to be joined by Scott Lincicome.

Scott Lincicome is an international trade attorney with experience in trade litigation before the Department of Commerce, the US International Trade Commission, the US Court of International Trade, the European Commission and the World Trade Organization’s Dispute Settlement Body. He has also advised private sector clients on multilateral trade deals and policies. Scott is a Visiting Lecturer at Duke University as well as an adjunct scholar at the Cato Institute where he researches trade policy.

Additionally, you can check out the full transcript of our conversation here, or read a shortened version here.

Learn more: Is free speech compatible with free trade in China? | Tariffs are terrible economic policy, and it’s very hard to make them not terrible | Red flags in Xi's China

The post Scott Lincicome on the trade war appeared first on American Enterprise Institute - AEI.

Oct 16 2019

37mins

Play

Rank #15: Peter Klenow: Reflections on a decade of slow economic growth

Podcast cover
Read more

How will economists look back on the economy of the 2010s — as the longest economic expansion in US history, or as a period in which the US was stuck below three percent growth for ten years? And looking to the future, how might population growth, trade, Big Tech, and new innovations all affect America’s capacity for economic growth? On today’s podcast, I discuss these questions and much more with Professor Peter Klenow.

Peter Klenow is the Ralph Landau Professor in Economic Policy at Stanford University, as well as the Gordon Moore Senior Fellow at the Stanford Institute for Economic Policy Research. In the past, Klenow served as a senior economist at the Federal Reserve Bank of Minneapolis. His work focuses on the macroeconomics of growth, productivity, and prices.

You can also check out the transcript of this podcast here.

Learn more: Lori Ann LaRocco: Trade wars have consequences | Will Rinehart: Big Tech, broadband access, and artificial intelligence | Stephen Davies on the origins and future of the wealth explosion

The post Peter Klenow: Reflections on a decade of slow economic growth appeared first on American Enterprise Institute - AEI.

Jan 08 2020

34mins

Play

Rank #16: Tyler Cowen on big business

Podcast cover
Read more

Why do we love to hate big business? Are American corporations monopolistic? Are CEOs overpaid? And is Big Tech really a threat to our democracy? On this episode, economics professor Tyler Cowen discusses his new book “Big Business: A Love Letter to an American Anti-Hero.”

Tyler Cowen is the Holbert L. Harris Chair of Economics at George Mason University and the faculty director of GMU’s Mercatus Center. He is also the coauthor of the wildly popular economics blog Marginal Revolution.

You can download the episode by clicking the link above, and don’t forget to subscribe to my podcast on iTunes or Stitcher. Tell your friends, leave a review.

You can also check out the transcript of this podcast here.

The post Tyler Cowen on big business appeared first on American Enterprise Institute - AEI.

May 10 2019

28mins

Play

Rank #17: Bryan Caplan on open borders

Podcast cover
Read more

What would an actual open borders regime look like? How would it affect those already living in the United States? And why is the case for open borders stronger than the case for restrictionism, or at least the prioritization of high-skill immigrants? Bryan Caplan explores these questions in his most recent book: a work of graphic non-fiction co-produced with illustrator Zach Weinersmith, Open Borders: The Science and Ethics of Immigration.

Bryan Caplan is a professor of economics at George Mason University and a regular blogger at EconLog. He’s also the author of three previous books: The Case Against Education, Selfish Reasons to Have More Kids, and The Myth of the Rational Voter.

You can also check out the transcript of this podcast here.

Learn more: Enrico Moretti on tech hubs and economic opportunity | Scott Lincicome on the trade war | Ep. 118: Reihan Salam on US immigration policy — Political Economy with James Pethokoukis

The post Bryan Caplan on open borders appeared first on American Enterprise Institute - AEI.

Nov 20 2019

45mins

Play

Rank #18: Paul Vigna: How blockchain could change the world

Podcast cover
Read more

Does blockchain technology have applications beyond cryptocurrency? After all, the blockchain is an immutable record of transactions and contracts, maintained by a completely decentralized network. This means that, if the promise of blockchain comes to fruition, humanity may one day have access to a permanent record for all transactions and contracts, without needing to rely on banks or Big Tech companies. So what are the possible applications and implications of blockchain technology? Paul Vigna joins me to discuss.

Paul is a markets reporter for The Wall Street Journal, where he covers equities and the economy. He is also a columnist and anchor for MoneyBeat, and he is the co-author — with Michael Casey — of both The Age of Cryptocurrency and, most recently, The Truth Machine: The Blockchain and the Future of Everything.

You can also check out the transcript of this podcast here.

Learn more: Michael Strain: The American Dream is not dead | Thomas Philippon: How America gave up on free markets | Alain Bertaud: How markets shape cities

The post Paul Vigna: How blockchain could change the world appeared first on American Enterprise Institute - AEI.

Feb 12 2020

23mins

Play

Rank #19: Michael Strain on inequality in America

Podcast cover
Read more

Do too few people own too much of America’s wealth? Should we even think about wealth or income inequality as a problem? And if so, what policies would be most effective at combating these issues? Returning to the podcast to explore these questions, and more, is Michael Strain.

Michael R. Strain is the John G. Searle Scholar and director of economic policy studies here at AEI. Previously, he worked in the Center for Economic Studies at the US Census Bureau and in the macroeconomics research group at the Federal Reserve Bank of New York. He is a columnist for Bloomberg Opinion, and his essays and op-eds have been published by The New York Times, The Washington Post, The Atlantic, National Review, and The Weekly Standard.

Additionally, you can check out the full transcript of our conversation here, or read a shortened version here.

Learn more: Binyamin Appelbaum on the economists' hour | Do Democrats think all their desired new taxes would have no impact on economic growth? | Punishing 'extreme business success': Who does that help?

The post Michael Strain on inequality in America appeared first on American Enterprise Institute - AEI.

Oct 02 2019

31mins

Play

Rank #20: Erik Brynjolfsson: Can AI help us overcome the productivity paradox?

Podcast cover
Read more

Will artificial intelligence be as important an innovation as technologists have predicted? Will machine learning improve productivity? Will it exacerbate inequality? And how can policymakers best promote innovation in this field while preparing the labor force for its widespread adoption? On today’s Political Economy, Erik Brynjolfsson and I discuss these questions, and many more.

Erik is a professor at the MIT Sloan School of Management, Director of the MIT Initiative on the Digital Economy, Director of the MIT Center for Digital Business, and a research associate at the National Bureau of Economic Research. He’s also the author of several books, including Machine Platform Crowd: Harnessing our Digital Future (2017) and The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies (2014), both of which he co-authored with Andrew McAfee.

You can also check out the transcript of this podcast here.

Learn more: Paul Vigna: How blockchain could change the world | Michael Strain: The American Dream is not dead | Thomas Philippon: How America gave up on free markets

The post Erik Brynjolfsson: Can AI help us overcome the productivity paradox? appeared first on American Enterprise Institute - AEI.

Feb 19 2020

22mins

Play

Matt Frost: An alternative to climate despair

Podcast cover
Read more

Decades of apocalyptic rhetoric surrounding the issue of climate
change has failed to garner support for the austerity-based solutions on the
table. Accordingly, Matt Frost and I discuss how a climate policy agenda centered
around promoting energy abundance is a better approach to mitigating climate
change than doubling down on fatalistic messages and policy proposals that
would make us poorer.

Matt is an environmental policy technologist, the deputy director of the Marine Biological Association, and the author of the recently published The New Atlantis article, “After Climate Despair”.

Learn more: Dietrich Vollrath: Is America’s economy fully grown? | Garett Jones: The case for ‘10 percent less democracy’ | Stan Veuger: Handle the coronavirus recession by preventing a business collapse

The post Matt Frost: An alternative to climate despair appeared first on American Enterprise Institute - AEI.

Apr 08 2020

24mins

Play

Dietrich Vollrath: Is America’s economy fully grown?

Podcast cover
Read more

Generally, economic growth and prosperity go hand in hand, which is why the disappointing GDP growth of the past decade and a half has been troubling to many observers. But what if this slowdown is simply the product of a maturing economy with an aging population? Dietrich Vollrath joins me today on the podcast to make that case and to discuss the implications of that argument.

Dietrich is a professor of economics, and the chair of the Department of Economics, at the University of Houston, where his research focuses on economic growth. He is the author of the recently released Fully Grown: Why a Stagnant Economy Is a Sign of Success.

Learn more: Garett Jones: The case for ‘10 percent less democracy’ | Stan Veuger: Handle the coronavirus recession by preventing a business collapse | Ben Thompson: Big Tech monopoly, data privacy, and the rise of China

The post Dietrich Vollrath: Is America’s economy fully grown? appeared first on American Enterprise Institute - AEI.

Apr 01 2020

21mins

Play

Garett Jones: The case for ‘10 percent less democracy’

Podcast cover
Read more

Do politicians behave worse when they’re up for re-election? How effective and accountable can non-elected policymakers be? And has the government’s response to COVID-19 bolstered or weakened the case for democracy? I explore these questions, and many more, with Garett Jones.

Garett is an associate professor of economics and the BB&T Professor for the Study of Capitalism at the Mercatus Center at George Mason University. He is the author of two books: Hive Mind: How Your Nation’s IQ Matters So Much More Than Your Own and 10% Less Democracy: Why You Should Trust Elites a Little More and the Masses a Little Less.

You can also check out the transcript of this podcast here.

Learn more: Stan Veuger: Handle the coronavirus recession by preventing a business collapse | Ben Thompson: Big Tech monopoly, data privacy, and the rise of China | Kyle Pomerleau: What's next for taxes? Coronavirus stimulus, the Trump tax cuts, and beyond

The post Garett Jones: The case for ‘10 percent less democracy’ appeared first on American Enterprise Institute - AEI.

Mar 25 2020

25mins

Play

Stan Veuger: Handle the coronavirus recession by preventing a business collapse

Podcast cover
Read more

How will the coronavirus downturn be different from normal recessions? And what can we do to mitigate the harm through public policy? Today I discussed these questions with economist Stan Veuger.

Stan Veuger is a resident scholar at the American Enterprise Institute, where he specializes in political economy and public finance. He is also the editor of AEI Economic Perspectives, as well as a fellow at the IE School of Global and Public Affairs in Madrid and at Tilburg University in the Netherlands.

You can also check out the transcript of this podcast here.

Learn more: Ben Thompson: Big Tech monopoly, data privacy, and the rise of China | Kyle Pomerleau: What's next for taxes? Coronavirus stimulus, the Trump tax cuts, and beyond | Branko Milanovic: The future of capitalism

The post Stan Veuger: Handle the coronavirus recession by preventing a business collapse appeared first on American Enterprise Institute - AEI.

Mar 18 2020

29mins

Play

Ben Thompson: Big Tech monopoly, data privacy, and the rise of China

Podcast cover
Read more

How entrenched are America’s biggest tech companies — will they remain dominant 10 or 20 years into the future? In the meantime, how should these companies handle concerns surrounding data privacy or controversies regarding content moderation? And how likely is China to surpass America on the tech frontier? In today’s episode, Ben Thompson and I explore each of these questions at length.

Ben is the author and founder of Stratechery, a subscription-based newsletter focused on business and strategy for the technology industry. He also co-hosts the Exponent podcast about tech and society, along with James Allworth.

You can also check out the transcript of this podcast here.

Learn more: Kyle Pomerleau: What's next for taxes? Coronavirus stimulus, the Trump tax cuts, and beyond | Branko Milanovic: The future of capitalism | Hal Varian: In defense of Big Tech

The post Ben Thompson: Big Tech monopoly, data privacy, and the rise of China appeared first on American Enterprise Institute - AEI.

Mar 18 2020

34mins

Play

Kyle Pomerleau: What’s next for taxes? Coronavirus stimulus, the Trump tax cuts, and beyond

Podcast cover
Read more

How would a “corona stimulus” impact the economy? What should we make of Joe Biden and Bernie Sanders’ respective tax plans? And what is the future of Republican tax policy? To discuss these, and many more questions, I’m delighted to be joined by Kyle Pomerleau.

Kyle is a resident fellow on federal tax policy here at AEI. Previously, he was the chief economist and vice president of economic analysis at the Tax Foundation. His writings have been published in numerous trade and policy journals, such as Tax Notes and the National Tax Journal.

You can also check out the transcript of this podcast here.

Learn more: Branko Milanovic: The future of capitalism | Hal Varian: In defense of Big Tech | Erik Brynjolfsson: Can AI help us overcome the productivity paradox?

The post Kyle Pomerleau: What’s next for taxes? Coronavirus stimulus, the Trump tax cuts, and beyond appeared first on American Enterprise Institute - AEI.

Mar 11 2020

35mins

Play

Branko Milanovic: The future of capitalism

Podcast cover
Read more

What is the future of capitalism: a democratic American-style model or something closer Chinese state capitalism? This week, Branko Milanovic and I explore that question at length. In the process, we also discuss the political significance of inequality and the compatibility of capitalism and democracy.

Branko is a visiting professor at the City University in New York’s graduate center, and he’s a senior scholar at the Stone Center on Socio-economic Inequality. He’s also the author of several books, including Worlds Apart, Global Inequality, and, most recently, last year’s Capitalism, Alone.

You can also check out the transcript of this podcast here.

Learn more: Michael Strain: The American Dream is not dead | Thomas Philippon: How America gave up on free markets | Peter Klenow: Reflections on a decade of slow economic growth

The post Branko Milanovic: The future of capitalism appeared first on American Enterprise Institute - AEI.

Mar 04 2020

29mins

Play

Hal Varian: In defense of Big Tech

Podcast cover
Read more

The debate in Washington about the American technology sector has shifted in recent years, going from “Big Tech is leading us to the future” to “What has tech done for us lately?” So has the technology sector failed to deliver for the past few decades? And what should policymakers and scientists be doing to maximize technological advancement? Hal Varian joins me on today’s episode of Political Economy to explain why he is much more optimistic about the few decades’ worth of innovation.

Hal is the chief economist at Google. He is also an emeritus professor at the University of California, Berkeley, where he was the founding dean of its School of Information. He’s also the author of two economics textbooks, and the co-author of the bestselling business strategy book, Information Rules: A Strategic Guide to the Network Economy.

You can also check out the transcript of this podcast here.

Learn more: Paul Vigna: How blockchain could change the world | Michael Strain: The American Dream is not dead | Erik Brynjolfsson: Can AI help us overcome the productivity paradox?

The post Hal Varian: In defense of Big Tech appeared first on American Enterprise Institute - AEI.

Feb 26 2020

32mins

Play

Erik Brynjolfsson: Can AI help us overcome the productivity paradox?

Podcast cover
Read more

Will artificial intelligence be as important an innovation as technologists have predicted? Will machine learning improve productivity? Will it exacerbate inequality? And how can policymakers best promote innovation in this field while preparing the labor force for its widespread adoption? On today’s Political Economy, Erik Brynjolfsson and I discuss these questions, and many more.

Erik is a professor at the MIT Sloan School of Management, Director of the MIT Initiative on the Digital Economy, Director of the MIT Center for Digital Business, and a research associate at the National Bureau of Economic Research. He’s also the author of several books, including Machine Platform Crowd: Harnessing our Digital Future (2017) and The Second Machine Age: Work, Progress and Prosperity in a Time of Brilliant Technologies (2014), both of which he co-authored with Andrew McAfee.

You can also check out the transcript of this podcast here.

Learn more: Paul Vigna: How blockchain could change the world | Michael Strain: The American Dream is not dead | Thomas Philippon: How America gave up on free markets

The post Erik Brynjolfsson: Can AI help us overcome the productivity paradox? appeared first on American Enterprise Institute - AEI.

Feb 19 2020

22mins

Play

Paul Vigna: How blockchain could change the world

Podcast cover
Read more

Does blockchain technology have applications beyond cryptocurrency? After all, the blockchain is an immutable record of transactions and contracts, maintained by a completely decentralized network. This means that, if the promise of blockchain comes to fruition, humanity may one day have access to a permanent record for all transactions and contracts, without needing to rely on banks or Big Tech companies. So what are the possible applications and implications of blockchain technology? Paul Vigna joins me to discuss.

Paul is a markets reporter for The Wall Street Journal, where he covers equities and the economy. He is also a columnist and anchor for MoneyBeat, and he is the co-author — with Michael Casey — of both The Age of Cryptocurrency and, most recently, The Truth Machine: The Blockchain and the Future of Everything.

You can also check out the transcript of this podcast here.

Learn more: Michael Strain: The American Dream is not dead | Thomas Philippon: How America gave up on free markets | Alain Bertaud: How markets shape cities

The post Paul Vigna: How blockchain could change the world appeared first on American Enterprise Institute - AEI.

Feb 12 2020

23mins

Play

Michael Strain: The American Dream is not dead

Podcast cover
Read more

According to the conventional wisdom, America’s economy has not delivered for most Americans over the past few decades. Pessimistic observers on both sides of the aisle claim that — as a result of globalization, automation, immigration, or elitist policymakers — wages have stagnated, economic mobility has evaporated, and the middle class has hollowed out. And so a new wave of populism has led to politicians ranging from Marco Rubio to Elizabeth Warren to Donald Trump to claim that the American Dream is no longer available to regular Americans.

But, according to Michael Strain, this is not true. While America faces many challenges, our economy still delivers for regular workers, and populists should not try to tear down what isn’t broken. He outlines this argument in his upcoming book, The American Dream Is Not Dead: (But Populism Could Kill It), which will be out at the end of the month.

Michael Strain is the director of economic policy studies and the Arthur F. Burns Chair in Political Economy here at AEI. Previously, he worked for the US Census Bureau and the Federal Reserve Bank of New York. He is a columnist for Bloomberg Opinion, and his essays and op-eds have been published by The New York Times, The Washington Post, The Atlantic, National Review, and The Weekly Standard.

You can also check out the transcript of this podcast here.

Learn more: Thomas Philippon: How America gave up on free markets | Alain Bertaud: How markets shape cities | Kimberly Clausing: The progressive case for globalization

The post Michael Strain: The American Dream is not dead appeared first on American Enterprise Institute - AEI.

Feb 05 2020

41mins

Play

Thomas Philippon: How America gave up on free markets

Podcast cover
Read more

How concentrated is corporate power in America today? How big of a problem is this? According to Thomas Philippon, the answers are “more concentrated than in Europe, and more concentrated than any other time in recent American history,” and, more simply, “yes, it’s a big problem.” On today’s podcast, Thomas and I delve into this argument, outlined in his recently released book, The Great Reversal: How America Gave Up on Free Markets. We explore how industry concentration has affected various American markets — from air travel to health care. We also explore the difference between good and bad concentration, and discuss which label better applies to big technology companies.

Thomas is a professor of finance at New York University’s Leonard N. Stern School of Business. He is also an associate editor of the American Economic Journal and a research associate at the National Bureau of Economic Research.

You can also check out the transcript of this podcast here.

Learn more: Alain Bertaud: How markets shape cities | Kimberly Clausing: The progressive case for globalization | Peter Klenow: Reflections on a decade of slow economic growth

The post Thomas Philippon: How America gave up on free markets appeared first on American Enterprise Institute - AEI.

Jan 29 2020

24mins

Play

Alain Bertaud: How markets shape cities

Podcast cover
Read more

America’s ten largest metro areas combine for 34 percent of total GDP, and some 80 percent of the nation’s 5,000 fastest-growing businesses are located in large urban areas. Simply put, cities are critical to driving growth and innovation. Yet cities also offer unique policy challenges. They require energetic local government, but too often such energies are channeled into restrictive regulations that raise living costs and stifle opportunity. So how can city planners effectively manage their cities? Today’s guest, Alain Bertaud, argues that a healthy respect for markets — for the tendency for human action to generate an “order without design” — is key to a well-managed city.

Alain is a senior research scholar at the Marron Institute at NYU. He is the former principal urban planner for the World Bank, and he has worked as a resident urban planner in cities throughout the world, including New York, Paris, Bangkok, and Port au Prince. Most recently, he is the author of Order Without Design: How Markets Shape Cities.

You can also check out the transcript of this podcast here.

Learn more: Kimberly Clausing: The progressive case for globalization | Peter Klenow: Reflections on a decade of slow economic growth | Lori Ann LaRocco: Trade wars have consequences

The post Alain Bertaud: How markets shape cities appeared first on American Enterprise Institute - AEI.

Jan 22 2020

23mins

Play

Kimberly Clausing: The progressive case for globalization

Podcast cover
Read more

As the Democratic presidential primary unfolds, it appears that many progressives are critical of globalization. Bernie Sanders and Elizabeth Warren accuse trade deals like NAFTA of allowing multinational corporations to sell out American workers and exploit residents of developing countries. But at the same time, support for trade and immigration among Democratic voters has dramatically increased during the Trump administration. So what can we expect for the future of the Democratic party? And how much should globalization’s advocates adjust their messaging and policy proposals to better care for domestic workers adversely affected by free trade? I discuss these questions and more with Kimberly Clausing.

Kimberly Clausing is the Thormund Miller and Walter Mintz Professor of Economics at Reed College, where she studies international trade, international and public finance, and the taxation of multinational firms. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, and the Tax Policy Center. She is also the author of Open: The Progressive Case for Free Trade, Immigration, and Global Capital.

You can also check out the transcript of this podcast here.

Learn more: Peter Klenow: Reflections on a decade of slow economic growth | Lori Ann LaRocco: Trade wars have consequences | Will Rinehart: Big Tech, broadband access, and artificial intelligence

The post Kimberly Clausing: The progressive case for globalization appeared first on American Enterprise Institute - AEI.

Jan 15 2020

33mins

Play

Peter Klenow: Reflections on a decade of slow economic growth

Podcast cover
Read more

How will economists look back on the economy of the 2010s — as the longest economic expansion in US history, or as a period in which the US was stuck below three percent growth for ten years? And looking to the future, how might population growth, trade, Big Tech, and new innovations all affect America’s capacity for economic growth? On today’s podcast, I discuss these questions and much more with Professor Peter Klenow.

Peter Klenow is the Ralph Landau Professor in Economic Policy at Stanford University, as well as the Gordon Moore Senior Fellow at the Stanford Institute for Economic Policy Research. In the past, Klenow served as a senior economist at the Federal Reserve Bank of Minneapolis. His work focuses on the macroeconomics of growth, productivity, and prices.

You can also check out the transcript of this podcast here.

Learn more: Lori Ann LaRocco: Trade wars have consequences | Will Rinehart: Big Tech, broadband access, and artificial intelligence | Stephen Davies on the origins and future of the wealth explosion

The post Peter Klenow: Reflections on a decade of slow economic growth appeared first on American Enterprise Institute - AEI.

Jan 08 2020

34mins

Play

Lori Ann LaRocco: Trade wars have consequences

Podcast cover
Read more

With the recently announced Phase One trade deal between the United States and China, it’s worth looking back on the effects of the trade war over the past two years. How much have the trade patterns of the US and China changed since the tariffs were first implemented? Will these patterns revert to normal at the close of the trade war, or have US industries permanently lost their Chinese customers? To answer these questions, Lori Ann LaRocco joins me.

Lori Ann LaRocco is the senior editor of guests for CNBC business news. She is also the author of many books, including Thriving in the New Economy, Dynasties of the Sea, Opportunity Knocking, and, most recently, Trade War: Containers Don’t Lie, Navigating the Bluster.

You can also check out the transcript of this podcast here.

Learn more: The impact of the trade war: A long-read Q&A with Scott Lincicome | Will Rinehart: Big Tech, broadband access, and artificial intelligence | Bryan Caplan on open borders

The post Lori Ann LaRocco: Trade wars have consequences appeared first on American Enterprise Institute - AEI.

Jan 01 2020

20mins

Play

Will Rinehart: Big Tech, broadband access, and artificial intelligence

Podcast cover
Read more

Why do so many
politicians and ideologues suddenly dislike Google, Facebook, and Amazon? Are
they too monopolistic, and are they using our data ethically? Also, how can we
make broadband more accessible for rural America? And what policies should we
put in place in order to fully benefit from the rise of artificial
intelligence. Will Rinehart joins me to explore all of these questions in today’s
wide-ranging podcast.

Will is the director of Technology and Innovation Policy at the American Action Forum, where he specializes in telecommunication, Internet, and data policy. He is also a Frédéric Bastiat Fellow at the Mercatus Center, and was previously a research fellow at Tech Freedom.

You can also check out the transcript of this podcast here.

Learn more: What are the costs of technological progress delayed or denied? | Tech hubs and the labor market: A long-read Q&A with Enrico Moretti | How more housing will boost economic growth: A long-read Q&A with Daniel Shoag

The post Will Rinehart: Big Tech, broadband access, and artificial intelligence appeared first on American Enterprise Institute - AEI.

Dec 18 2019

41mins

Play

Daniel Shoag: Reduce inequality and boost growth by building more housing

Podcast cover
Read more

Why have housing costs skyrocketed in the past few decades? To what extent do these costs keep people from moving to prospering cities in search of opportunity? And how can we combat this issue through both local and state policy? Daniel Shoag explores these questions in his recent policy analysis for the Hamilton Project, “Removing Barriers to Accessing High-Productivity Places.”

Daniel is an associate professor of public policy at Harvard Kennedy School, a visiting professor at Case Western Reserve University, and an affiliate of the Taubman Center for State and Local Government. He was selected as one of Forbes magazine’s 30 under 30 in 2012. Daniel has worked as a visiting scholar at the Federal Reserve Bank of Boston, a visiting professor at Tel Aviv University, and was selected as a rising new scholar by the Stanford University Center on Poverty and Inequality.

You can also check out the transcript of this podcast here.

Learn more: Tech hubs and the labor market: A long-read Q&A with Enrico Moretti | The power of economic freedom, in pictures and words | California has a housing crisis, and Californians seem confused about how to solve it

The post Daniel Shoag: Reduce inequality and boost growth by building more housing appeared first on American Enterprise Institute - AEI.

Dec 11 2019

36mins

Play

Dalibor Rohac on globalism, nationalism, and conservatism

Podcast cover
Read more

In an era of nationalism in American politics, can globalists still make an effective case? What do international institutions like the UN and EU even do for America in the first place? And why is it worth preserving them — besides the fact that we set many of them up in the first place? AEI’s Dalibor Rohac joins the podcast to answer these questions and more.

Dalibor is a Resident Scholar at AEI, where he studies European political and economic trends. He is concurrently a visiting junior fellow at the Max Beloff Centre for the Study of Liberty at the University of Buckingham in the UK and a fellow at the Institute of Economic Affairs in London. Most recently, he is the author of In Defense of Globalism.

You can also check out the transcript of this podcast here.

Learn more: America’s economic future will be driven by openness and innovation, not drawbridge-up protectionism. Just as always. | 5 questions with Bryan Caplan on open borders | Why I'm a globalist

The post Dalibor Rohac on globalism, nationalism, and conservatism appeared first on American Enterprise Institute - AEI.

Dec 04 2019

29mins

Play

Stephen Davies on the origins and future of the wealth explosion

Podcast cover
Read more

What caused living
standards to dramatically rise in the nineteenth century, after thousands of
years of stagnant poverty? And is the world on track to continue this wealth
explosion, or are we abandoning course in the name of stability? On this
episode, Dr. Stephen Davies joins me to explore these questions.

Stephen Davies is the Head of Education at the Institute of Economic Affairs in London, and was previously a program officer at George Mason University’s Institute for Humane Studies. He has also been a lecturer and a scholar at Manchester Metropolitan University and at Ohio’s Bowling Green State University, where he taught both economic history and social philosophy. He is the author of 2003’s Empiricism and History, as well as the recently released The Wealth Explosion: The Nature and Origins of Modernity.

You can also check out the transcript of this podcast here.

Learn more: Deirdre McCloskey on why liberalism works | Carl Benedikt Frey on the technology trap | Andrew McAfee on capitalism, tech progress, and the environment

The post Stephen Davies on the origins and future of the wealth explosion appeared first on American Enterprise Institute - AEI.

Nov 27 2019

36mins

Play

iTunes Ratings

70 Ratings
Average Ratings
57
5
2
4
2

In depth conversations

By JMNC - Jan 16 2020
Read more
I enjoy the focus on a topic and interesting interviews. Well done!

Ancient Robots

By rabidmoderate - Sep 21 2019
Read more
Totally fascinating. Thank you