Histories are often relegated to the sidelines of economic study. But what do we lose in our theories when we only focus on the math and models?
In his new book, “Ages of American Capitalism”, University of Chicago historian Jonathan Levy looks at the turning points in the history of capitalism and what those moments can teach us about today.
Nov 20
Are Big Tech’s Regulators “Cowards”? ft. Tim Wu
<p>Did you know Amazon makes $37 billion <i>a year—</i>more than double the revenue of all the newspapers in the world combined—from its sponsored results alone? Yes, the same, spammy, sponsored results at the top of a search that bilk shoppers with fake or low-quality items and ... Show More
1h 2m
Nov 6
Why Economists Should Care About Inequality, with Branko Milanovic
<p>Recently, Bethany and Luigi joined economist and wealth inequality expert Branko Milanovic in front of a live audience at the Aspen Ideas Festival to explore how capitalism, democracy, and income inequality interact. Together, the three discussed the pervasiveness of income in ... Show More
46m 41s
Oct 30
Nobel Economist Reveals Why Economic Models Keep Failing Us, ft. Richard Thaler
<p>Standard economic theory informs how we think about business strategy and the economy and presumes that people are selfish, have well-defined preferences, and consistently make welfare-maximizing choices. In other words, we are rational. But what if that is not the case?</p><p ... Show More
45m 59s
Mar 2023
Maarten Prak and Jan Luiten van Zanden, "Pioneers of Capitalism: The Netherlands 1000–1800" (Princeton UP, 2022)
During the Middle Ages, the Netherlands played a significant role in the emergence of capitalism, which led to the impressive Dutch Golden Age and paved the way for long-term economic growth across Europe.
Pioneers of Capitalism: The Netherlands 1000-1800 (Princeton University P ... Show More
55m 8s