Shows
All In with Chris Hayes‘You’re wrong!’: George Conway, Melissa Murray debate Supreme Court injunction rulingGuests: Melissa Murray, George Conway, Sen. Chris Van Hollen, AG Dana Nessel, AG Andrea Joy Campbell, Betsey Stevenson, Justin Wolfers After a stark warning from the Supreme Court's liberal justices, how the Supreme Court’s actions threaten American democracy. Plus, two state Attorneys General on what happens next in the fight against Trumpism. And as American confidence in Trump's economic plan continues to tumble, he responds by kicking off another trade dispute with Canada?
To listen to this show and other MSNBC podcasts without ads, sign up for MSNBC Premium on Apple Podca...2025-06-2841 min
AmanpourTariff TurmoilMarkets continue to tumble across the world after President Trump said he won’t back down from his aggressive trade policies. Unlike previous economic crises, the pain is entirely self-inflicted. Betsey Stevenson is a former economic adviser to President Obama and a Professor of Economics at the University of Michigan. Justin Wolfers is also a Professor of Economics at the University of Michigan and they both join the show. Also on today's show: Utah State Senator Nate Blouin; Turkish journalist Ece Temelkuran; NYT reporter Steven Kurutz Learn more about your ad c...2025-04-0758 min
Bloomberg OpinionRemote Work and Senate PracticesWe examine remote work and its impact on women, families, and office spaces, and also discuss the state of the Senate. Columnists Betsey Stevenson, Jonathan Bernstein, Beth Kowitt, and Justin Fox join. Amy Morris hosts.See omnystudio.com/listener for privacy information.2023-11-2234 min
Forward ThinkingForward Thinking on bringing the joy to economics with Betsey Stevenson and Justin WolfersCohost Michael Chui talks with Betsey Stevenson and Justin Wolfers, both professors of public policy and economics at the University of Michigan. They cover topics including the following: Subjective well-being How the labor market has evolved since the pandemic A decline in inequality The potential impact of AI Why write a new economics text book? See www.mckinsey.com/privacy-policy for privacy information2023-06-2848 min
The Lily Kate ShowThe PARADOX OF AMERICAN WOMEN’S UNHAPPINESS“By many objective measures the lives of women in the United States have improved over the past 35 years, yet we show that measures of subjective well‐being indicate that women’s happiness has declined both absolutely and relative to men.” This is the opening line of a Yale study conducted by Betsey Stevenson and Justin Wolfers. In this episode, we make the final and missing connection between why feminism has eroded women and the declining happiness rates of American women. We leave it with the unpopular suggestion, that MAYBE! Just Maybe, Feminism has FAILED women.
ORIGINAL STUDY LINK: https://law.yale.edu/sites/default/files...2022-07-2925 min
Think Like An EconomistEconomics For All Your Decisions In Life - From Romance to RetirementThink Like An Economist has taken you on a journey through the economic principles, showing you the tools of economics, and how they can be applied at home and at work. In this season finale, Betsey Stevenson and Justin Wolfers reveal the big life choices they've made using those tools of economics, and how you can apply economics to help make decisions throughout your life.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media Production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-12-1421 minThink Like An EconomistUseful Economics in Everyday LifeWe're all actors in the economy, with different habits, dilemmas and choices. And economics is about everyday decisions in our daily lives as much as it is about government policy. As economics professors, Betsey Stevenson and Justin Wolfers have honed the ways to show how economics involves everyone. They discuss their method of teaching economics, and the way they show that economic tools can help us all make good decisions.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19...2021-12-0718 minThink Like An EconomistA Conversation with Emily Oster: The Economics of Pregnancy, Parenting and the PandemicEmily Oster is one of the most interesting economists in the world, and she uses the tools of economics in everything she does. Betsey Stevenson and Justin Wolfers explore Emily's thoughts about how economic ideas can provide useful insight for parents and families. This audio course is about how to think like an economist, and Emily models exactly how to do this.Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-11-3027 minThink Like An EconomistA Conversation with Larry Summers: The Influence of Economic Ideas and the Dangers of Secular StagnationLarry Summers has been at the forefront of economic thinking for decades - a World Bank chief economist, Professor at Harvard and U.S. Treasury Secretary. He's also warned that the global economy is in the midst of secular stagnation. In this episode, he tells Betsey Stevenson and Justin Wolfers why the economy is stagnant, in spite of low interest rates. The three economists also discuss why their field is so influential, and Larry reveals how policy makers get things done.Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com...2021-11-0931 minThink Like An EconomistA Conversation with Greg Mankiw: Financial Crisis, Recessions and Communicating EconomicsProfessor Greg Mankiw is one of the most influential economists today: a New Keynesian, advisor to Presidents, and a good friend of Betsey Stevenson and Justin Wolfers. In this episode, the three of them discuss what we can learn from financial crises, why globalisation has lost its shine, and how best to communicate economic ideas.Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-11-0228 minThink Like An EconomistBehavioral Economics - We're only human!We all can make mistakes when faced with choices. Biases and old habits can get in the way of good economic decision making. Betsey Stevenson and Justin Wolfers discuss the way our psychology affects our decisions, and they show how to make better judgements and assess the risks.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-09-2111 minThink Like An EconomistMaking Decisions in an Uncertain WorldUncertainty and risk are all around us. So how can we make good decisions when we don't know what will happen? Betsey Stevenson and Justin Wolfers show you how to understand risk, and your reaction to it, as well as giving you the tools to help reduce risk.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-09-1420 minThink Like An EconomistGame Theory - Thinking StrategicallyIn business, as in life, we often have to make decisions based on what others choose. But how do we make the right strategic decisions? Betsey Stevenson and Justin Wolfers unpick the problems of strategic cooperation and coordination, and show you the four steps for making good strategic decisions. You now have two choices - to listen to this episode, or not!Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-09-0722 minThink Like An EconomistBusiness Strategy - How to boost profitabilityGreat entrepreneurs identify opportunities for long-term profits before other people can. Betsey Stevenson and Justin Wolfers will help you learn how to spot your business opportunities and show you the five forces that determine profitability.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-08-3123 minThink Like An EconomistEntry, Exit and Long-Run Profitability - How to get ahead in the MarketIf there are profits to be made, entrepreneurs will be there to start their business. But how can they stay ahead of the competition and deter new rivals from entering the market? Betsey Stevenson and Justin Wolfers guide you through the choices managers make to remain profitable, and explain why businesses try to crush healthy competition.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-08-2421 minThink Like An EconomistWhy wages vary - Why some of us get paid more than othersWhy do some people earn so much more than others? How does society value certain jobs over other jobs - and how can we make sure we get a higher wage? Betsey Stevenson and Justin Wolfers help navigate the vagaries of the job market, and have some advice how to get the best wage deal.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-08-1722 minThink Like An EconomistThink Like An Economist gets back to businessEconomists Betsey Stevenson and Justin Wolfers are back to help you think like an economist. This season is our mini-MBA, and we'll unpack even more economic tools, with a focus on showing you how to make wise business decisions.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-08-1002 min
Behavioral Grooves Podcast[GROOVING SESSION] Does Money Really Make You Happy? The Research with Johannes HaushoferKurt and Tim discuss the links between poverty and mental health, how higher income is linked to better well-being, and the idea of a Universal Basic Income. This is a free-flowing discussion delving into the insights from their most recent interview with Johannes Haushofer (episode #244), Assistant Professor of Economics at Stockholm University. While you are welcome to listen to this episode as a stand-alone, we recommend you download our interview with Johannes first before joining us here.
Topics You Will Learn About:
Higher income being related to better well-being.
The effects of poverty on cognitive function, creativity, stress, h...2021-08-0125 minThink Like An EconomistAggregate Demand & Aggregate SupplyIt's time to explore macroeconomics from a new yet familiar perspective, using economy-wide supply and demand curves to forecast the economy's total output and average price level. Betsey Stevenson and Justin Wolfers show you how this perspective can help you diagnose the economy's ills, and prescribe the appropriate policy medicine.SummaryCo-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-05-1123 minThink Like An EconomistBudget Deficits and Government DebtGovernment deficits and debt are at record levels in many countries, provoking widespread anxiety. Betsey Stevenson and Justin Wolfers explain why governments run deficits and rack up debt, whether they're likely to be sustainable, and if you really need to worry.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-05-0420 min
PodsongsJustin Wolfers on the economics of love and happinessJustin Wolfers is an Australian economist and public policy scholar. He is professor of economics and public policy at the Gerald R. Ford School of Public Policy at the University of Michigan, and a Senior Fellow at the Peterson Institute for International Economics. Wolfers holds a Ph.D. in Economics (1997–2001) and an Master of Economics (2000), both from Harvard University, and a Bachelor of Economics from the University of Sydney (1991–1994). He had a Fulbright Scholarship.Wolfers attended James Ruse Agricultural High School (1985–1990). He is noted for his research on happiness and its relation to income. Wolfers moved to the University of Mic...2021-04-3054 minThink Like An EconomistFiscal Policy - Government Spending and TaxesThere's no bigger player in the economy than the government, which can adjust billions of dollars worth of taxes and spending. Betsey Stevenson and Justin Wolfers explain how policymakers can adjust these levers to keep the economy on track.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-04-2716 minThink Like An EconomistMonetary Policy - The Financial Levers That Tame Business CyclesCentral Banks around the world, such as the Federal Reserve, work to keep the economy running smoothly. They set interest rates and adjust financial conditions to keep inflation and unemployment stable and low. Betsey Stevenson and Justin Wolfers take you to the heart of the Fed's decision making process, and explain how those decisions affect your life and the broader economy. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-04-2024 min
Bag Om NyhederneOtto Brøns-Petersen: Befinder Danmark sig i en vækstkrise? Og hvad gør vi?I dette podcastafsnit får vært Martin Ågerup besøg af Otto Brøns-Petersen, der er uddannet cand.polit. og arbejder som analysechef hos CEPOS.Afsnittet tager udgangspunkt i økonomisk vækst og belyser den vækstkrise som Danmark og flere andre vestlige lande (måske) befinder sig i. Derudover taler Martin Ågerup og Otto Brøns-Petersen bl.a. om vækstudviklingen de seneste 100 år og gennemgår flere vækstrelaterede spørgsmål: Hvordan øges produktiviteten i Danmark? Kan væksten være for høj? Hvilken betydning har omfordeling og vækst for indkomstfremgangen for de fattigste? Og h...2021-04-141h 25Think Like An EconomistThe Fed Model - Predicting what will happen to the EconomyWhen a shock such as the Covid pandemic sends waves through the global economy, how do economists find ways to respond? Betsey Stevenson and Justin Wolfers guide you through the Fed Model - the mainstay of policy makers and financiers around the world. They examine the key relationships in the macroeconomy and the shocks that destabilise them.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-04-1323 min
Light Work by Dear PatriarchyThe Pursuit of JoyIf this episode is resonating with you, send us a message - we’d love to hear from you 🤍Welcome to Episode 3 of Series 2, where we explore joy. We examine some of the reasons why women struggle to retain and engender joy in their lives and discuss how we personally feel joy is lost during the day as a working woman. We talk about the ways in which people and pressures can strip joy from daily life and what can be done to lighten your load and help to make space for the pursuit of joy as an in...2021-04-1249 minThink Like An EconomistInflation and the Phillips CurveWhy do we end up paying higher prices than we used to? And what are the main causes of this economy-wide inflation? Betsey Stevenson and Justin Wolfers talk us through how expectations influence inflation, and how greater demand, and problems with supply can push up prices.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-03-3025 minThink Like An EconomistConnecting Interest Rates & OutputWhat is the most important price in the economy? Betsey Stevenson and Justin Wolfers say that it's the interest rate, and they dig into where it comes from, and how it drives all spending in the economy. These big ideas yield a framework called the IS-MP model which policymakers use to help devise fiscal and monetary policies to kick-start the economy.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-03-2323 minThink Like An EconomistThe Boom and Bust of Business CyclesEven economists find navigating the ups and downs of expansions and recessions tricky. With the COVID-19 recession still affecting millions around the world, Betsey Stevenson and Justin Wolfers help you make sense of the business cycles that affect all of our lives. And they have some handy tools to help you understand where the economy is headed.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-03-1619 minThink Like An EconomistExchange Rates & International Finance - The flow of currencies around the worldHow can a change in the currency markets change the price of a loaf of bread? And is a strong currency useful? Betsey Stevenson and Justin Wolfers explain how imports and exports are affected by foreign exchange markets.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-03-0925 minThink Like An EconomistThe Financial Sector - Bonds, Stocks and Shares - should you or shouldn't you?Are you thinking about investing in the Financial Markets? Should you put some of your retirement savings into bonds, or stocks and shares? Betsey Stevenson and Justin Wolfers explain how you can invest and have some simple words of advice for you. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media Production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-03-0225 minThink Like An EconomistInvestment - Upfront costs for future gainsWhen businesses invest, they're weighing upfront costs against future gains. Betsey Stevenson and Justin Wolfers show you how executives make smart investment decisions, and how you can use the same ideas to figure out whether to invest in your education, your health, or your financial future.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-02-2319 minThink Like An EconomistConsumption and Saving - Spend Now or Save to Spend LaterWe all make decisions about when to spend our money and when to save for our future selves. Betsey Stevenson and Justin Wolfers show you the tools to make the right spending and saving choices at different times of your life, and what it all means for the macroeconomy.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-02-1618 minThink Like An EconomistAssignment: Spending and SavingThe Think Like An Economist team are taking a break this week, but we'll be back next week to look at consumption and savings. See you then, Betsey, Justin and Nas.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-02-0900 minThink Like An EconomistInflation - When money loses its valueWe might watch the inflation rate to see how the cost of living is changing, and how our money changes value over time. But what happens when we can't trust money any more? Betsey Stevenson and Justin Wolfers explain inflation - what it is, the harm it can do, and how you can protect yourself against it.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-02-0220 minThink Like An EconomistUnemployment - Does joblessness have to mean hopelessness?Being unemployed can be very stressful, so what can economists do to help people back to work? Betsey Stevenson and Justin Wolfers discuss what it means to be jobless, and what to do if you're unlucky enough to lose your job.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-01-2617 minThink Like An EconomistEconomic Growth - Improving our LivesWhen an economy grows, we live better lives. Betsey Stevenson and Justin Wolfers show you how economic growth is fuelled by the mix of skilled workers, the right investments and new ideas. As one idea leads to another, innovation helps boost the economy and can make the world a better place. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-01-1919 minThink Like An EconomistGross Domestic Product - Adding Up Everything We DoWe're diving into Macroeconomics with a look at Gross Domestic Product and how it counts everything in the economy - from output, to spending and the income earned. And Betsey Stevenson and Justin Wolfers also show you how even the great yardstick that is GDP ignores some vital elements of society.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-01-1221 minThink Like An EconomistThinking Big, Remembering Small - From Micro to MacroNow we've learned the tools of microeconomics, it's time to step up to macro. Betsey Stevenson and Justin Wolfers are here to show you how millions of individual microeconomic decisions affect the macroeconomic world - and how macroeconomics gives decision makers the tools to make our lives better.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media Production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2021-01-0505 minThink Like An EconomistPrivate Information - I Know Something You Don’t KnowWhat happens when you know something that others don't? Or they know something you don't? These information asymmetries can great create a fog of mistrust, and doing business can get tricky. Betsey Stevenson and Justin Wolfers help clear the economic fog, and find ways to restore that trust.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media ProductionSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-12-2219 minThink Like An EconomistPrice Discrimination - Why some people pay lessDiscounts for the elderly or students may seem generous - but they win more customers. When businesses ask how they can make as much money as possible from each customer, they need a sophisticated pricing strategy. Betsey Stevenson and Justin Wolfers take a look at who gets a discount and why.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media ProductionSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-12-1517 minThink Like An EconomistMarket Power - Why businesses charge moreWhat's the competition? When businesses have less competition, they have more market power and can raise their prices. Betsey Stevenson and Justin Wolfers explore competition in the market place and the way it shapes prices - and profit.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-12-0819 minThink Like An EconomistInequality - Understanding the Gap between Rich and PoorHow hard is it to move out of poverty and up the economic ladder? Justin Wolfers and Betsey Stevenson explore how economic inequality is shaped by people's backgrounds and opportunities. And they look at the tools available for making a more equal society.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-12-0117 minThink Like An EconomistA New Treasury Secretary - Who is Janet Yellen and what will she do?America’s President-elect has made his choice for the new Secretary of the Treasury. Janet Yellen is an economist and friend of the Think Like an Economist team, Betsey Stevenson and Justin Wolfers. Before the election, Janet Yellen shared her thoughts on the power of thinking like an economist. And in this special episode, Justin reflects on what decisions Janet Yellen will be making.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media Production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-11-2413 minThink Like An EconomistPresidential Econ 101 - A To Do ListThe U.S. presidential election may be over, but what does the new president need to do to get the economy back on track and prepare for future shocks? In this special episode, Justin Wolfers has some economic advice for the new president. And of course, Betsey Stevenson will be back for the next episode.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media Production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-11-1711 minThink Like An EconomistThe Labor Market - Live to Work, or Work to Live?What can you do to make sure you're working in the right job, and getting paid the right salary? Or, if you're the boss, how can you make sure you're making the right hiring decisions? Justin Wolfers and Betsey Stevenson show you how to make good decisions, as a worker or an employer.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-11-1016 minThink Like An EconomistExternalities - The Full Cost of the Choices we makeWhat happens when others benefit from your choices, like your decision whether or not to wear a mask? Or when your choices hurt others, like smoking? Economists Betsey Stevenson and Justin Wolfers delve into the world of externalities and explore how policy makers can help ensure effects on others are taken into account. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-11-0316 minThink Like An EconomistInternational Trade - Cars from CornWhen countries do something well, they can sell that in the global market place. But how do consumers and producers get the most out of international trade? Economists Betsey Stevenson and Justin Wolfers explain how people around the world can benefit from international trade. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-10-2716 minThink Like An EconomistGains From Trade - Why Ringo played the drumsAre you doing what you should be doing, and delegating tasks that others should do? Make sure you get the most out of your comparative advantage, as Betsey Stevenson and Justin Wolfers reveal how this economic tool helps run their household. They've written the economics textbook for the 21st century and want to share their love of economics with you.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-10-2015 minThink Like An EconomistEconomic Surplus - Getting the Most out of LifeYou know the joy of buying something that's worth more to you than what you paid? Or that jolt when you sell something for more than what it is worth to you? Leading economists Betsey Stevenson and Justin Wolfers reveal how to know whether our trades spark joy.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-10-1317 minThink Like An EconomistWhen Governments Intervene - Taxes, Price & Quantity RegulationsHow does government affect the market? And how can a jar of coins help you understand how taxes affect buyers and sellers. Leading economists Justin Wolfers and Betsey Stevenson have written the economics textbook for the 21st century, and share their insight on how the economy is influenced by government.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media productionSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-10-0617 minThink Like An EconomistElasticity - What will you do when prices change?When prices go up, buyers want less and sellers want more. But how much more? Economists Betsey Stevenson and Justin Wolfers discuss how responsive people are to price changes, and why.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-09-2917 minThink Like An EconomistEquilibrium - Balance in a Busy WorldWhere Supply meets Demand. Markets are everywhere, but what happens when buyers and sellers get down to business? Leading economists Betsey Stevenson and Justin Wolfers reveal how markets find their equilibriumCo-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-09-2217 minThink Like An EconomistSupply - Getting the Best Out of What You SellWe're all suppliers. But how do we decide how much to sell? Economists and the authors of the 21st century textbook on economics, Betsey Stevenson and Justin Wolfers, steer us through the influences and decisions we face in business or in the home.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-09-1517 minThink Like An EconomistThe Law of Demand - How You Choose to BuyDo you need to buy that? Should you buy one more? Economists Betsey Stevenson and Justin Wolfers explain how you as a buyer can stay in control - and how to make the Law of Demand work for you.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-09-0815 min
EconoFact ChatsMaking Economics Instruction RelevantEconomics has changed, with new areas of inquiry such as behavioral economics, the role of information, and network and contagion effects. Economics students have also changed, coming from more diverse backgrounds, representing a wider range of ages, and having broader career and life interests. The economy has changed as well, due to the 2008 financial crisis, the rise of the digital economy, the effects of COVID-19, and the growing importance of services.
As we begin the new academic year, EconoFact Chats interviews Betsey Stevenson and Justin Wolfers (University of Michigan) on the way they have addressed these changes in their new...2020-09-0721 minThink Like An EconomistJuggling Work and Childcare During a PandemicBetsey and Justin help you figure out how to decide how much time to spend working versus looking after your family, when everyone needs more attention these days. Could the decisions you make now affect your career in the future?We’ll be back with a full episode on September 8th, when we’ll be looking at the decisions you make as a buyer - that foundation of the economy, Demand.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-09-0207 minThink Like An EconomistIs now the time to improve yourself?Betsey & Justin are getting ready for another year of teaching economics. And with all the recent challenges in the world, Betsey and Justin have some real-world advice for you - does investing in skills or education make sense right now?We'll be back on September 8th, looking at that old favourite - Demand. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-08-2506 minThink Like An EconomistCore Principle 1 - The Cost-Benefit Principle - The Pros & ConsMaking a pros-and-cons list when you’re stuck isn’t a bad piece of advice, it’s actually a staple of Thinking Like An Economist. Betsey Stevenson and Justin Wolfers walk us through thinking about the costs and benefits of every decision, and also warn of red flags that can lead us astray. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-08-1817 minThink Like An EconomistCore Principle 3 - The Marginal Principle - Just One More?How many hours should you work? How many people should you hire? How many children should you have? Betsey Stevenson and Justin Wolfers teach us how to make decisions about ‘how many’ of pretty much anything and in any circumstance.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-08-1815 minThink Like An EconomistCore Principle 4 - The Interdependence Principle - No Decision is an IslandBuying an extra cup of coffee means less money for a cup of tea. It also means less coffee for the next person, it will change the prices of milk and sugar and effect the countries which make the coffee beans for your cup of joe. Betsey Stevenson and Justin Wolfers teach us about how our decisions are interlinked, and how this can help you to make better decisions. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/p...2020-08-1811 minThink Like An EconomistCore Principle 2 - The Opportunity Cost Principle - Or What?What would you do instead of taking that dream job? What would you eat for dinner instead of that burger? And how would you spend your lunch hour if not at the gym? Betsey Stevenson and Justin Wolfers get us to think about the next best alternative to anything, and how that can transform the decisions we make. Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-08-1817 minThink Like An EconomistWhy Should You Think Like an Economist?Want to make ‘no regrets decisions’? This podcast will teach you how! Betsey Stevenson andJustin Wolfers are on a mission to equip everyone with key tools from economics that cantruly transform your life: from career dilemmas and financial conundrums to sorting outcomplicated problems in your personal life, economics will help you. Let’s get stuck in.Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.2020-08-0415 minThink Like An EconomistIntroducing: Think Like An EconomistThink Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, an...2020-07-1601 min
The EconomistsWhy you shouldn't need a degree to understand economicsIf economics was made more relatable, it would be easier to understand.Justin Wolfers says we should start by teaching it differently.He says that although the guiding principles have largely remained, they need to be pulled apart and used in everyday decision-making to be useful.And if you don't want to study at university, there are some great resources to guide you through say, a pandemic.Justin Wolfers is a professor of economics and public policy at the University of Michigan and a senior fellow at the Peterson Institute for...2020-05-2828 min
Past PresentEpisode 132: Incels, Mormonism and Race, and Millennials and Personal FinanceIn this episode, Niki, Natalia, and Neil debate the “incel” community, the role of race in Mormon history, and the thrift-shaming of millennials. Support Past Present on Patreon: https://www.patreon.com/pastpresentpodcast Here are some links and references mentioned during this week’s show: In the wake of a Toronto terrorist attack, “incels,” or involuntary celibates, are gaining attention. Niki referred to this New York Times article about Jordan Peterson. Natalia cited Jia Tolentino’s New Yorker article on the origins of incel rage, Ross Douthat’s New York Times op-ed raising the possibility of...2018-05-2953 min
Macro Musings with David Beckworth71 – Betsey Stevenson on Challenges in the U.S. Labor MarketBetsey Stevenson is an associate professor of public policy at the University of Michigan and previously served as the chief economist at the U.S. Labor Department. Today, she joins the show to discuss her experience working at the Labor Department at a time of high unemployment as well as her more recent research on challenges in the U.S. labor market. Specifically, she talks about the problem of decreased male labor force participation and why “manly men need to do more girly jobs.” David’s blog: http://macromarketmusings.blogspot.com/ Macro Musings podcast site: https://macromusings.com/ David’s Twitter...2017-08-211h 03
Lowy InstituteIn conversation: Justin Wolfers and Betsy StevensonOn 17 February, International Economy Program Director Leon Berkelmans hosted a conversation with one of the most high profile power couples in economics, Justin Wolfers and Betsey Stevenson. The discussion covered Betsey’s time as a member of Obama’s Council of Economic Advisers, the current state of the US economy, the gender problem economics has, economics in pop culture, and Justin's work with the New York Times.See omnystudio.com/listener for privacy information.2016-02-1955 min
EconTalk at GMUStevenson and Wolfers on Happiness, Growth, and the Reinhart-Rogoff ControversyBetsey Stevenson and Justin Wolfers, of the University of Michigan talk with EconTalk host Russ Roberts about their work on the relationship between income and happiness. They argue that there is a positive relationship over time and across countries between income and self-reported measures of happiness. The second part of the conversation looks at the recent controversy surrounding work by Reinhart and Rogoff on the relationship between debt and growth. Stevenson and Wolfers give their take on the controversy and the lessons for economists and policy-makers. This conversation was recorded shortly before Betsey Stevenson was nominated to the President's Council...2013-06-241h 04
EconTalk Archives, 2013Stevenson and Wolfers on Happiness, Growth, and the Reinhart-Rogoff ControversyBetsey Stevenson and Justin Wolfers, of the University of Michigan talk with EconTalk host Russ Roberts about their work on the relationship between income and happiness. They argue that there is a positive relationship over time and across countries between income and self-reported measures of happiness. The second part of the conversation looks at the recent controversy surrounding work by Reinhart and Rogoff on the relationship between debt and growth. Stevenson and Wolfers give their take on the controversy and the lessons for economists and policy-makers. This conversation was recorded shortly before Betsey Stevenson was nominated to the President's Council...2013-06-2400 min
EconTalkBetsey Stevenson and Justin Wolfers on Happiness, Growth, and the Reinhart-Rogoff ControversyBetsey Stevenson and Justin Wolfers, of the University of Michigan talk with EconTalk host Russ Roberts about their work on the relationship between income and happiness. They argue that there is a positive relationship over time and across countries between income and self-reported measures of happiness. The second part of the conversation looks at the recent controversy surrounding work by Reinhart and Rogoff on the relationship between debt and growth. Stevenson and Wolfers give their take on the controversy and the lessons for economists and policy-makers. This conversation was recorded shortly before Betsey Stevenson was nominated to the President's...2013-06-241h 04