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EconTalk

Updated 3 days ago

Rank #2 in Courses category

Education
Courses
Science
Social Sciences
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EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Host Russ Roberts, of the Library of Economics and Liberty and the Hoover Institution, draws you in with lively guests and creative repartee. Topics include health care, business cycles, economic growth, free trade, education, finance, politics, sports, book reviews, and the curiosities of everyday decision-making. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions.

Read more

EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Host Russ Roberts, of the Library of Economics and Liberty and the Hoover Institution, draws you in with lively guests and creative repartee. Topics include health care, business cycles, economic growth, free trade, education, finance, politics, sports, book reviews, and the curiosities of everyday decision-making. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions.

iTunes Ratings

2841 Ratings
Average Ratings
2171
565
48
31
26

Today’s episode

By Pegilicious - Nov 18 2019
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What an interesting interview on the alternate type of medical practice. Fascinating.

Great podcast

By Sfaler - Oct 30 2019
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My favorite podcast. Consistently excellent.

iTunes Ratings

2841 Ratings
Average Ratings
2171
565
48
31
26

Today’s episode

By Pegilicious - Nov 18 2019
Read more
What an interesting interview on the alternate type of medical practice. Fascinating.

Great podcast

By Sfaler - Oct 30 2019
Read more
My favorite podcast. Consistently excellent.

Listen to:

Cover image of EconTalk

EconTalk

Updated 3 days ago

Read more

EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Host Russ Roberts, of the Library of Economics and Liberty and the Hoover Institution, draws you in with lively guests and creative repartee. Topics include health care, business cycles, economic growth, free trade, education, finance, politics, sports, book reviews, and the curiosities of everyday decision-making. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions.

Jonah Goldberg on The Suicide of the West

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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

1hr 27mins

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Tim Harford on the Virtues of Disorder and Messy

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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

1hr 12mins

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Jordan Peterson on 12 Rules for Life

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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

1hr 18mins

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David Mindell on Our Robots, Ourselves

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Are we on the verge of driverless cars and other forms of autonomous robots and artificial intelligence? David Mindell of MIT and the author of Our Robots, Ourselves talks with EconTalk host Russ Roberts about the robotic revolution. Mindell argues that much of the optimism for autonomous robots ignores decades of experience with semi-autonomous robots in deep-sea operation, space, air, and the military. In all of these areas, the role of human supervision remains at a high level with little full autonomy. Mindell traces some of the history of the human interaction with robots and artificial intelligence and speculates on what the future might hold.

Nov 30 2015

59mins

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James Bessen on Learning by Doing

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Are workers being left behind when the economy grows? Is technology making the human workforce obsolete? James Bessen, author of Learning by Doing, talks with EconTalk host Russ Roberts about the role of learning on the job in the past and in the present. Bessen argues that during times of technological innovation, it often takes years before workers see higher wages from productivity increases. Bessen stresses the importance of the standardization of education on the job as workers adapt to new technology.

May 23 2016

1hr 4mins

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Nassim Nicholas Taleb on Work, Slavery, the Minority Rule, and Skin in the Game

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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

1hr 24mins

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David Zetland on Water

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David Zetland of Leiden University College in the Netherlands and author of Living with Water Scarcity talks with EconTalk host Russ Roberts about the challenges of water management. Issues covered include the sustainability of water supplies, the affordability of water for the poor, the incentives water companies face, and the management of water systems in the poorest countries. Also discussed are the diamond and water paradox, campaigns to reduce water usage, and the role of prices in managing a water system.

Mar 02 2015

1hr

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Mitch Weiss on the Business of Broadway

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Ever wonder what goes on behind the scenes at a Broadway show? This week's EconTalk lifts the curtain on the magical world of Broadway: Mitch Weiss, co-author of The Business of Broadway, talks with EconTalk host Russ Roberts about his book and what it's like to manage the production of a blockbuster musical in New York City. Topics discussed include the eight-performance-per-week grind, the how and why of creating a Broadway set, the challenges of wardrobes (domestic and international) and the pluses and minuses of unions which are a central part of the Broadway workplace.

Sep 14 2015

1hr 12mins

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Alberto Alesina on Fiscal Policy and Austerity

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Alberto Alesina of Harvard University talks with EconTalk host Russ Roberts about his research on fiscal policy and austerity. Alesina's research shows that spending cuts to reduce budget deficits are less harmful than tax increases. Alesina discusses the intuition behind this empirical finding and discusses other issues such as Greece's financial situation.

Apr 25 2016

1hr 3mins

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Sebastian Junger on Tribe

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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

1hr 16mins

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Robert Frank on Dinner Table Economics

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How can you learn to think like an economist? One way is to think about what might be called dinner table economics--puzzles or patterns that arise in everyday life that would be good to understand. Robert Frank of Cornell University and author of The Economic Naturalist talks with EconTalk host Russ Roberts about a number of these puzzles including why grooms typically rent tuxedos but the bride usually buys her gown, why bicycles can be more expensive to rent than cars, the effects of the price of corn on the price of pork, and why scammers who invoke Nigeria keep using the same old story.

Jan 04 2016

58mins

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Bjorn Lomborg on the Costs and Benefits of Attacking Climate Change

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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

1hr 10mins

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Mark Warshawsky on Compensation, Health Care Costs, and Inequality

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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

1hr 7mins

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Eric Wakin on Archiving, Preservation, and History

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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

1hr 3mins

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Chuck Klosterman on But What If We're Wrong

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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

1hr 2mins

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David Epstein on Mastery, Specialization, and Range

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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

1hr 41mins

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Marina Krakovsky on the Middleman Economy

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Why would anyone want to hire a middleman, like a wedding planner, especially if you have time to take care of the planning yourself? Marina Krakovsky, author of The Middleman Economy talks with EconTalk host Russ Roberts about middlemen in the modern economy. Despite predictions that the internet would destroy the need for middlemen, Krakovsky argues they're more valuable than ever though their roles have changed. Krakovsky looks at the different roles middlemen play today and how their value added can justify their existence.

Mar 21 2016

1hr 3mins

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Cass Sunstein on #Republic

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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

1hr 7mins

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Benedict Evans on the Future of Cars

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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

1hr 7mins

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Frank Dikotter on Mao's Great Famine

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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

1hr 12mins

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Gerd Gigerenzer on Gut Feelings

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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

1hr 8mins

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Susan Mayer on What Money Can't Buy

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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

1hr 14mins

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Keith Smith on Free Market Health Care

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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

1hr 23mins

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Rory Sutherland on Alchemy

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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

1hr 24mins

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Venkatesh Rao on Waldenponding

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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

1hr 19mins

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Michele Gelfand on Rule Makers, Rule Breakers

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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

1hr 9mins

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Susan Houseman on Manufacturing

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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

1hr 16mins

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Andrew McAfee on More from Less

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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

1hr 34mins

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Ryan Holiday on Stillness Is the Key

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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

1hr 23mins

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Sabine Hossenfelder on Physics, Reality, and Lost in Math

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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

1hr 6mins

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Dani Rodrik on Neoliberalism

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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

1hr 8mins

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George Will on the Conservative Sensibility

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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

1hr 18mins

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Daron Acemoglu on Shared Prosperity and Good Jobs

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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

1hr 6mins

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David Deppner on Leadership, Confidence, and Humility

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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

1hr 16mins

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Andrew Roberts on Churchill and the Craft of Biography

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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

1hr 10mins

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Tyler Cowen on Big Business

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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

1hr 6mins

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Arthur Diamond on Openness to Creative Destruction

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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

1hr 15mins

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Andy Matuschak on Books and Learning

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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

1hr 6mins

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Shoshana Zuboff on Surveillance Capitalism

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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

1hr 33mins

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Chris Arnade on Dignity

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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

1hr 21mins

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