EconTalk Archives, 2007
By EconTalk: Russ Roberts, Library of Economics and Liberty
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Description
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. Topics include health care, free trade, economic growth, education, finance, politics, sports, book reviews, parenting, and the curiosities of everyday decision-making. Russ Roberts, of the Library of Economics and Liberty (econlib.org) and George Mason U., draws you in with lively guests and creative repartee. 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.
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1 |
CleanDuggan on Strategic Intuition | William Duggan talks about his latest book, Strategic Intuition. Duggan critiques traditional methods of strategy and planning and suggests that the opportunism and adaptability are more productive detailed plans. He also discusses the nature of intuiti | 12/24/2007 | Free | View in iTunes |
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2 |
CleanKarol Boudreaux on Property Rights and Incentives in Africa | Karol Boudreaux talks with host Russ Roberts about her field work and research in Rwanda and South Africa. In Rwanda, she studied how a change in incentives and property rights for coffee farmers has allowed the coffee bean growers to improve quality an | 12/17/2007 | Free | View in iTunes |
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3 |
CleanBoettke on Austrian Economics | Pete Boettke talks with host Russ Roberts about the origins and tenets of Austrian economics. This is a wonderful introduction to how the so-called Austrian economists look at the world and how they continue to influence economics today. | 12/10/2007 | Free | View in iTunes |
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4 |
CleanMunger on Fair Trade and Free Trade | Mike Munger, frequent guest and longtime Econlib contributor, speaks with host Russ Roberts about fair trade coffee and free trade agreements. Does the premium for fair trade coffee end up in the hands of the grower? What economic forces might stop that | 12/3/2007 | Free | View in iTunes |
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5 |
CleanBotkin on Nature, the Environment and Global Warming | Daniel Botkin, ecologist and author, talks with EconTalk host Russ Roberts about how we think about our role as humans in the natural world, the dynamic nature of environmental reality and the implications for how we react to global warming. | 11/26/2007 | Free | View in iTunes |
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6 |
CleanSunstein on Worst-case Scenarios | Cass Sunstein talks about the ideas in his latest book, Worst-Case Scenarios. How should individuals and societies cope with low-probability events with potentially catastrophic consequences? In this conversation with host Russ Roberts, Sunstein discuss | 11/19/2007 | Free | View in iTunes |
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7 |
CleanHenry Aaron on Health Care Costs | In this bonus mid-week podcast, Henry Aaron talks with host Russ Roberts about health care costs. Researchers in a New England Journal of Medicine article have estimated that the US could save $209 billion if the US went to a single-payer system like C | 11/15/2007 | Free | View in iTunes |
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8 |
CleanWaldfogel on Markets, Choice, and the Tyranny of the Market | Joel Waldfogel talks about the idea in his new book, The Tyranny of Markets. He argues that when fixed costs are large, markets don't necessarily give people what they want and that, analogous to the political process, you can be hurt as the number of p | 11/12/2007 | Free | View in iTunes |
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9 |
CleanArnold Kling on the Economics of Health Care and the Crisis of Abundance | Arnold Kling talks with host Russ Roberts about the economics of health care and his book, A Crisis of Abundance: Rethinking How We Pay for Health Care. Kling discusses whether we get what we pay for when we spend money on health care, why health care i | 11/5/2007 | Free | View in iTunes |
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10 |
CleanYandle on the Tragedy of the Commons and the Implications for Environmental Regulation | Bruce Yandle looks at the tragedy of the commons and the various ways that people have avoided the overuse of resources that are held in common. Examples discussed include fisheries, roads, rivers and the air. Yandle talks with host Russ Roberts about t | 10/29/2007 | Free | View in iTunes |
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11 |
CleanAyres on Super Crunchers and the Power of Data | Ian Ayres talks about the ideas in his new book, Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart. Ayres argues for the power of data and analysis over more traditional decision-making methods using judgment and intuition. He talks wi | 10/22/2007 | Free | View in iTunes |
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12 |
CleanRobert Frank on Economics Education and the Economic Naturalist | Author Robert Frank talks about economic education and his recent book, The Economic Naturalist. Frank argues that the traditional way of teaching economics via graphs and equations often fails to make any impression on students. In this conversation wi | 10/15/2007 | Free | View in iTunes |
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13 |
CleanMcCraw on Schumpeter, Innovation, and Creative Destruction | Thomas McCraw talks about the ideas of Joseph Schumpeter from his book, Prophet of Innovation: Joseph Schumpeter and Creative Destruction. McCraw and host Russ Roberts discuss innovation, business strategy, the role of mathematics in economics, and Schu | 10/8/2007 | Free | View in iTunes |
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14 |
CleanBoudreaux on Market Failure, Government Failure and the Economics of Antitrust Regulation | Don Boudreaux talks with host Russ Roberts about when market failure can be improved by government intervention. They discuss the evolution of economic thinking about externalities and public goods and the government's role in promoting competition via | 10/1/2007 | Free | View in iTunes |
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15 |
CleanGrab Bag: Munger and Roberts on Recycling, Peak Oil and Steroids | Mike Munger and host Russ Roberts clean up some loose ends from their previous conversation on recycling, talk about the idea of buying local to reduce one's carbon footprint, and then talk about peak oil. They close the conversation with the Rick Ankie | 9/24/2007 | Free | View in iTunes |
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16 |
CleanEpstein on Property Rights, Zoning and Kelo | Richard Epstein makes the case that many current zoning restrictions are essentially "takings" and property owners should receive compensation for the lost value of their land. He also discusses the Kelo case and the political economy of the regulation | 9/17/2007 | Free | View in iTunes |
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17 |
CleanCowen on Your Inner Economist | Tyler Cowen talks about his new book, Discover Your Inner Economist. Cowen, blogger at MarginalRevolution, talks with host Russ Roberts about the economics of parenting, reading, dentistry, art museums and education. Highlights include Tyler's favorite | 9/10/2007 | Free | View in iTunes |
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18 |
CleanGeorge Shultz on Economics, Human Rights and the Fall of the Soviet Union | George Shultz, the Thomas W. and Susan B. Ford Distinguished Fellow at Stanford's Hoover Institution and Secretary of State under Ronald Reagan, talks with host Russ Roberts about the role of economics in his career, the tension between morality and pra | 9/3/2007 | Free | View in iTunes |
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19 |
CleanRomer on Growth | Paul Romer talks with host Russ Roberts about growth, China, innovation, and the role of human capital. Also discussed are ideas in creating growth, the idea that ideas allow for increasing returns, and intellectual property and how it should be treated | 8/27/2007 | Free | View in iTunes |
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20 |
CleanGordon on Ants, Humans, the Division of Labor and Emergent Order | Deborah M. Gordon is an authority on ants and order that emerges without control or centralized authority. The conversation begins with what might be called the economics of ant colonies, how they manage to be organized without an organizer, the divisio | 8/20/2007 | Free | View in iTunes |
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21 |
CleanWeingast on Violence, Power and a Theory of Nearly Everything | Barry Weingast talks about the ideas in his forthcoming book with Doug North and John Wallis, A Conceptual Framework for Interpreting Recorded Human History. Weingast and host Russ Roberts discuss how violence shapes political institutions, the role of | 8/13/2007 | Free | View in iTunes |
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22 |
CleanHanushek on Educational Quality and Economic Growth | Eric Hanushek talks about his research on the impact of educational quality on economic growth. Past efforts to increase the economic growth rate of poor countries have focused on years of schooling, neglecting the quality and true education involved. H | 8/6/2007 | Free | View in iTunes |
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23 |
CleanHenderson on Disagreeable Economists | David Henderson talks about when and why economists disagree. Is economics biased or science? The public's view is often that economic knowledge is inherently ambiguous and that economists never agree. Henderson claims that this view is wrong--that ther | 7/30/2007 | Free | View in iTunes |
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24 |
CleanBueno de Mesquita on Reagan, Yeltsin, and the Strategy of Political Campaigning | Bruce Bueno de Mesquita talks about the political economy of political campaigns and his forthcoming book, The Strategy of Campaigning. He talks with host Russ Roberts about the different strategies politicians pursue, the persistence of negative campai | 7/23/2007 | Free | View in iTunes |
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25 |
CleanTicket Prices and Scalping | EconTalk host Russ Roberts talks about scalping and visits AT&T Park hours before Major League Baseball's All-Star Game to talk with a scalper, a merchandiser, a fan, and the police about prices, tickets, baseball and the law. | 7/16/2007 | Free | View in iTunes |
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26 |
CleanLeamer on Outsourcing and Globalization | Is outsourcing good for America? How does foreign competition affect wages in the United States? Ed Leamer, professor of economics at UCLA, talks about the effects of outsourcing on wages, jobs, and the U.S. standard of living. Drawing on a review of Th | 7/9/2007 | Free | View in iTunes |
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27 |
CleanMunger on Recycling | Mike Munger talks about the economics and politics of recycling. Munger argues that recycling can save resources, but it can also require more resources than production from scratch. Some curbside recycling, for example, makes sense, while other forms ( | 7/2/2007 | Free | View in iTunes |
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28 |
CleanCaplan on the Myth of the Rational Voter | Bryan Caplan talks about his book, The Myth of the Rational Voter. Caplan argues that democracies work well in giving voters what they want, but what voters want isn't particularly wise, especially when it comes to economic policy. He outlines a series | 6/25/2007 | Free | View in iTunes |
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29 |
CleanWeinberger on Everything is Miscellaneous and the Wonderful World of Digital Information | Author David Weinberger talks with EconTalk host Russ Roberts about the ideas in his latest book, Everything is Miscellaneous. Topics include the differences between how we organize and think about physical and digital information, the power of the inte | 6/18/2007 | Free | View in iTunes |
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30 |
CleanDan Pink on How Half Your Brain Can Save Your Job | Author Dan Pink talks about the ideas in his book, A Whole New Mind. He argues that the skills of the right side of the brain--skills such as creativity, empathy, contextual thinking and big picture thinking--are going to become increasingly important a | 6/11/2007 | Free | View in iTunes |
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31 |
CleanShlaes on the Great Depression | Amity Shlaes talks about her new book, The Forgotten Man: A New History of the Great Depression. She and host Russ Roberts discuss Herbert Hoover, Franklin Delano Roosevelt, the economics of the New Deal and the class warfare of the 1930s. | 6/4/2007 | Free | View in iTunes |
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32 |
CleanHanson on Health | Robin Hanson argues that health care is different, but not in the usual ways people claim. He describes paradoxical empirical findings and tries to explain these paradoxes in a unified way. He argues that the human brain evolved in ways that make it har | 5/28/2007 | Free | View in iTunes |
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33 |
CleanVernon Smith on Markets and Experimental Economics | Vernon Smith, Professor of Economics at George Mason University and the 2002 Nobel Laureate in Economics, talks about experimental economics, markets, risk, behavioral economics and the evolution of his career. | 5/21/2007 | Free | View in iTunes |
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34 |
CleanSunstein on Infotopia, Information and Decision-Making | Cass Sunstein talks about the ideas in his latest book, Infotopia. What are the best ways to get the information needed to make wise decisions when that information is spread out? He argues that prediction markets can help both politicians and business | 5/14/2007 | Free | View in iTunes |
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35 |
CleanAllison on Strategy, Profits, and Self-Interest | John Allison, CEO of BB and T Bank, lays out his business philosophy arguing for the virtues of profits, self-interest and production. His definition of justice, one of the core values of his firm, is that those who produce more, get more. He argues tha | 5/7/2007 | Free | View in iTunes |
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36 |
CleanTaleb on Black Swans | Nassim Taleb talks about the challenges of coping with uncertainty, predicting events, and understanding history. This wide-ranging conversation looks at investment, health, history and other areas where data play a key role. | 4/30/2007 | Free | View in iTunes |
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37 |
CleanRabushka on the Flat Tax | Alvin Rabushka lays out the case for the flat tax, a reform of the current system that would replace the 66,000 page U.S. tax code with a single rate and no deductions other than personal exemptions. Rabushka discusses the economic changes that would co | 4/23/2007 | Free | View in iTunes |
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38 |
CleanBoudreaux on the Economics of "Buy Local" | Don Boudreaux of George Mason U. talks with host Russ Roberts about the economics of buying local. Is it better to buy local than from a seller based out of town? Is it better to buy American than to buy foreign products? Does where the money goes matte | 4/16/2007 | Free | View in iTunes |
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39 |
CleanBogle on Investing | John Bogle, founder of the Vanguard Group and creator of the index mutual fund, talks about the Great Depression, bond funds risk, how he created the Index 500 mutual fund, how the study of economics changed his life, and Sarbanes-Oxley | 4/9/2007 | Free | View in iTunes |
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40 |
CleanMike Munger on the Division of Labor | Mike Munger of Duke University and EconTalk host Russ Roberts talk about specialization, the role of technology in aiding specialization and how the division of labor creates wealth. | 4/2/2007 | Free | View in iTunes |
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41 |
CleanKevin Kelly on the Future of the Web and Everything Else | Author Kevin Kelly talks about technology and the web, time travel, the wisdom of the hive, the convergence of biology and mechanics, and his impact on The Matrix and Minority Report. | 3/26/2007 | Free | View in iTunes |
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42 |
CleanDavid Leonhardt on the Media | David Leonhardt, of the New York Times talks with Russ Roberts about media bias, competition between old and new media, global warming, and the role of information as an incentive to provide better health care. | 3/19/2007 | Free | View in iTunes |
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43 |
CleanCowen on Liberty, Art, Food and Everything Else in Between | Tyler Cowen, MarginalRevolution.com blogger, talks about liberty, global warming, courts vs. regulation, developing countries, cuisine, and art. | 3/12/2007 | Free | View in iTunes |
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44 |
CleanEasterbrook on the American Standard of Living | Author Gregg Easterbrook talks about the ideas in his latest book, The Progress Paradox. Is the average person getting ahead or are the rich taking all the gains? Easterbrook argues that life is better for the average American in almost every dimension. | 3/5/2007 | Free | View in iTunes |
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45 |
CleanViviana Zelizer on Money and Intimacy | Viviana Zelizer talks about the ideas in her new book, The Purchase of Intimacy. Does money ruin intimacy? Does intimacy ruin our commercial transactions? Zelizer and host Russ Roberts converse on the sometimes contentious border between economics and s | 2/26/2007 | Free | View in iTunes |
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46 |
CleanRichard Epstein on Property Rights and Drug Patents | Richard Epstein talks about property rights, drug patents, the FDA, and the ideas in his latest book, Overdose: How Excessive Government Regulation Stifles Pharmaceutical Innovation, Yale U. Press. | 2/19/2007 | Free | View in iTunes |
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47 |
CleanBruce Bueno de Mesquita on Democracies and Dictatorships | Bruce Bueno de Mesquita talks about the incentives facing dictators and democratic leaders. Both have to face competition from rivals. Both try to please their constituents and cronies to stay in power. He applies his insights to foreign aid, the Middl | 2/12/2007 | Free | View in iTunes |
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48 |
CleanLucas on Growth and Poverty | Bob Lucas, Nobel Laureate and professor of economics at the U. of Chicago, talks about wealth, poverty, and the subtle and not-so-subtle keys to growth. He also talks about the work of Jane Jacobs, immigration, and Milton Friedman. | 2/5/2007 | Free | View in iTunes |
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49 |
CleanMichael Lewis on the Hidden Economics of Baseball and Football | Michael Lewis talks about the economics of sports--the financial and decision-making side of baseball and football--using the insights from his bestselling books on baseball and football: Moneyball and The Blind Side. | 1/29/2007 | Free | View in iTunes |
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50 |
CleanGreg Mankiw on Gasoline Taxes, Keynes and Macroeconomics | Greg Mankiw talks about the state of modern macroeconomics and Keynes vs. the Chicago School. He defends his proposal to raise gasoline taxes and discusses the politics of tax policy. | 1/22/2007 | Free | View in iTunes |
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51 |
CleanBruce Yandle on Bootleggers and Baptists | Bruce Yandle explains why politics makes such strange bedfellows and the often peculiar alliance of self-interested special interests with more altruistic motives. He uses his insights to explain some of the seemingly perverse but politically understand | 1/15/2007 | Free | View in iTunes |
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52 |
CleanMunger on Price Gouging | Mike Munger recounts the harrowing (and fascinating) experience of being in the path of a hurricane and the economic forces that were set in motion as a result. One of the most important is the import of urgent supplies when thousands of people are with | 1/8/2007 | Free | View in iTunes |
| 52 Items |
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