Since Daron Acemoglu just won the 2024 Nobel Memorial Prize in Economic Sciences alongside MIT Sloan professor Simon Johnson and University of Chicago professor James Robinson, we’re revisiting this powerful episode featuring Acemoglu’s insights from 2023. In his groundbreaking book Power and Progress, Acemoglu exposes how the elite have weaponized technolo ... Show More
Yesterday
Chains of Command: How Franchising Turned Control Without Responsibility Into a Business Model (with Brian Callaci)
When you walk into a McDonald’s, it looks like one company. But legally, the person making your fries probably doesn’t work for McDonald’s at all. Brian Callaci, Chief Economist at the Open Markets Institute and author of Chains of Command, joins Nick and Goldy to explain how fra ... Show More
42m 44s
Aug 18
The Joy of Money (with Carrie Joy Grimes)
Most personal finance advice starts with the same basic premise: you’re doing money wrong. But Carrie Joy Grimes, founder of WorkMoney and author of The Joy of Money, says that misses half the story. Yes, people need real tools to budget, save, pay down debt, and plan for the fut ... Show More
41m 23s
Oct 2024
First reactions | Daron Acemoglu, prize in economic sciences 2024 | Telephone interview
“There’s nothing natural about 30-, 40-, 50- fold differences in income per capita in a globalised, connected world.” Daron Acemoglu, economic sciences laureate 2024, speaks about the root causes of persistent poverty among the poorest nations and how to build the types of inclus ... Show More
9m 51s
Nov 2025
The 2025 Nobel Prize in Economics: Explained
Discover what drives lasting prosperity. This year, the Nobel Prize in Economics was awarded to Mokyr, Aghion, and Howitt for demonstrating how technological innovation drove the surge in wealth during the Industrial Revolution. From steam engines to AI, learn why a lack of under ... Show More
18m 50s
Mar 2025
The Nobel Prize in Economics Exposed
This week's episode of Economic Update features updates on the economic risks and costs Europe faces from deporting or blocking immigrants as compared to Spain's prosperity through a pro-immigrant policy, the work of Michael Burawoy, a Marxist sociology professor at UC Berkeley, ... Show More
31m 22s
<p>Economist Daron Acemoglu likes to tackle big questions. He tells Steve how colonialism still affects us today, who benefits from new technology, and why democracy wasn’t always a sure thing.</p><p> </p><ul><li><strong>SOURCE:</strong><ul><li><a href="https://economics.mit.edu/ ... Show More