Russ Roberts

September 2013

A Monthly Archive (6 entries)
 

Tyler Cowen on Inequality, the Future, and Average is Over

EconTalk Episode with Tyler Cowen
Hosted by Russ Roberts

Tyler Cowen of George Mason University and blogger at Marginal Revolution talks with EconTalk host Russ Roberts about his latest book, Average is Over. Cowen takes a provocative look at how the growing power of artificial intelligence embodied in machines and technologies might change labor markets and the standard of living. He tries to predict which people and which skills will be complementary to smart machines and which people and which skills will struggle.

Size:27.5 MB
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David Epstein on the Sports Gene

EconTalk Episode with David Epstein
Hosted by Russ Roberts

David Epstein, writer for ProPublica and author of The Sports Gene, talks with EconTalk host Russ Roberts about the book. Epstein discusses a number of the ideas in the book including what we have learned about the nature vs. nurture debate, the role of practice in achieving mastery, why a small part of Kenya produces so many champion marathoners, why major league all-stars can't hit a fast-pitch softball, the strange nature of body types in the NBA and why Michael Phelps's body gives him an advantage.

Size:32.1 MB
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David Laidler on Money

EconTalk Episode with David Laidler
Hosted by Russ Roberts

David Laidler of the University of Western Ontario talks about money and monetary policy with EconTalk host Russ Roberts. Laidler sketches the monetarist approach to the Great Depression and the Great Recession. He defends the Federal Reserve's performance in the recent crisis against the critics. He argues that the Fed's monetary policies have not been unconventional nor impotent as some critics have suggested. The conversation closes with a discussion of the state of macroeconomics and monetary economics.

Size:29.7 MB
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Taleb on Skin in the Game

EconTalk Episode with Nassim Taleb
Hosted by Russ Roberts

Nassim Taleb of NYU-Poly talks with EconTalk host Russ Roberts about his recent paper (with Constantine Sandis) on the morality and effectiveness of "skin in the game." When decision makers have skin in the game--when they share in the costs and benefits of their decisions that might affect others--they are more likely to make prudent decisions than in cases where decision-makers can impose costs on others. Taleb sees skin in the game as not just a useful policy concept but a moral imperative. The conversation closes with some observations on the power of expected value for evaluating predictions along with Taleb's thoughts on economists who rarely have skin in the game when they make forecasts or take policy positions.

Size:28.8 MB
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Capitalism, Government, and the Good Society

EconTalk Episode with Videos, Multiple Guests
Hosted by Russ Roberts

On April 10, 2013, Liberty Fund and Butler University sponsored a symposium, "Capitalism, Government, and the Good Society." The evening began with solo presentations by the three participants--Michael Munger of Duke University, Robert Skidelsky of the University of Warwick, and Richard Epstein of New York University. (Travel complications forced the fourth invited participant, James Galbraith of the University of Texas, to cancel.) Each speaker gave his own interpretation of the appropriate role for government in the economy and in our lives. This was followed by a lively conversation on the topic moderated by Russ Roberts of Stanford University, host of the weekly podcast, EconTalk.

We are also pleased to include the video of the symposium, available on youtube at EconStories.

Audio only:

Size:54.4 MB
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Munger on Milk

EconTalk Episode with Mike Munger
Hosted by Russ Roberts

Mike Munger of Duke University talks with EconTalk host Russ Roberts about why milk is in the back of the grocery store. Michael Pollan and others argue that milk is in the back so that customers, who often buy milk, will be forced to walk through the entire story and be encouraged by the trek to buy other items. Munger and Roberts argue that competition encourages stores to serve customers and that alternative explanations explain where milk is found in the store. The conversation also discusses restaurant pricing, government "nudging" and related issues of grocery economics.

Size: 28.0 MB
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