Mainstream economics, says author Diane Coyle, keeps treating people like cogs: self-interested, rational agents. But in the digital economy, we're less sophisticated consumer and more monster under the influece of social media. Listen as the economist and former UK Treasury advisor tells EconTalk host Russ Roberts how, for economics to remain relevant, it n ... Show More
Dec 2021
S E52: Useful Economics in Everyday Life
We'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 econom ... Show More
18m 33s
Nov 2021
S E49: A Conversation with Greg Mankiw: Financial Crisis, Recessions and Communicating Economics
Professor 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 ... Show More
28m 50s
Aug 2022
The roles of economists in data science, with Dr. Amar Natt
<p>We've all heard the term "economist," sure. But exactly what does and economist <i>do?</i> And as economics is a very data-driven field, where does their work intersect with data science, machine learning, and AI?</p><p>To answer that question, Senior Content Advisor <a href=" ... Show More
43m 20s
Aug 2023
Mariana Mazzucato and Stella Creasy on the Global Economy, PART 2
This is the second part of a two-part interview. Recorded in 2018, economist and author Mariana Mazzucato discusses her book, The Value of Everything, with UK Labour MP Stella Creasy. It's a wide-ranging discussion looking at how real wealth is created in our economy and how we c ... Show More
37m 42s