Russ Roberts

June 2014

A Monthly Archive (14 entries)
 

Podcast episode Hansen on Risk, Ambiguity, and Measurement

EconTalk Episode with Lars Peter Hansen
Hosted by Russ Roberts

Lars Peter Hansen of the University of Chicago and Nobel Laureate in economics, talks to EconTalk host Russ Roberts about the power and limits of economic models and quantitative methods. Hanson defends the value of models while recognizing their limitations. The two also discuss quantifying systemic financial risk, how our understanding of financial markets has changed, the nature of risk, and areas of economics that Hanson believes are ripe for further research.

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Again, I want to thank everyone who responded to the Easterly Essay questions I asked. The last question was:

Roberts challenges Easterly to respond to those who claim that Finland in education or China in economic growth are models that policymakers should emulate. What is the strongest version of this claim that Roberts provides? How would you respond?

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CATEGORIES: Extras , Growth

   

In the Easterly Essay questions I asked:

What role can (and should) data play in development? How does Easterly answer this question? How would Jeffrey Sachs answer this question? Morten Jerven discusses the quality of data collected by African nations in this 2013 episode. Given some of these challenges, how should Easterly and Sachs revise their approaches?

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CATEGORIES: Data and Evidence , Extras , Growth

   

How Important are the Rights of the Poor?

EconTalk Extra
by Russ Roberts

In the Easterly Essay questions, I asked:

Easterly maintains that one of the biggest problems in the development world is that the rights of the poor are not respected. What does he mean by this? What are the implications for development policy?

Read on for two very different answers to this question.

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CATEGORIES: Growth

   

The Best Easterly Essays

EconTalk Extra
by Russ Roberts

I want to thank the people (39 in all) who submitted essays in response to the questions I posed about the Easterly episode. I thought the best essays were submitted by Luke Edwards, Conor Lennon, Alex Ruch, and Michael Tew. Their essays will be posted here over the next few days. Please comment on their essays and watch this space for another opportunity to write for EconTalk.

CATEGORIES: Extras

   

This week, Roberts spoke with Gregory Zuckerman about his new book, The Frackers, and the renaissance of energy production in the United States.

Use the prompts behind the fold to encourage conversation, either online or off. As always, we love to hear from you!

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CATEGORIES: Books , Environment , Extras

   

Podcast episode Gregory Zuckerman on the Frackers and the Energy Revolution

EconTalk Episode with Gregory Zuckerman
Hosted by Russ Roberts

Gregory Zuckerman of the Wall Street Journal and author of The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters, talks to EconTalk host Russ Roberts about his new book, the rise of hydraulic fracturing (fracking), how this technology developed, and the vibrant personalities that pioneered the energy revolution. Topics discussed along the way include the history and future of fracking, environmental concerns about the process, and how the story of fracking is the classic tale of the successes and failures of determined risk-takers. The role of market forces in driving that success and failure runs through the entire conversation.

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A Chance to Write for EconTalk!

EconTalk Extra
by Amy Willis

In this week's episode, Roberts talks "The Tyranny of Experts" with guest William Easterly.

For this week's Extra, we thought we'd change things up a bit...

Choose one of the four questions (below the fold) and compose an answer of 600 words or less. Send it to mail@econtalk.org by midnight Sunday June 22. Put "Easterly Essay" in the subject line. Selected entries chosen by Roberts will be posted the following week on EconTalk.org, and the authors will receive a complimentary Liberty Fund book.

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Becker Postmortem

EconTalk Extra
by Russ Roberts

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CATEGORIES: Extras

   

Podcast episode William Easterly on the Tyranny of Experts

EconTalk Episode with William Easterly
Hosted by Russ Roberts

William Easterly of New York University and author of The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor talks to EconTalk host Russ Roberts about the ideas in his book. Easterly argues that poverty endures in many poor countries because of a lack of economic and political freedom for its poorest members. He argues that the aid process and the role experts play in that process reinforces the oppression of the poor. Other topics discussed include data-oriented solutions, autocracy vs. democracy, and Easterly's perspective on development from Bill Gates and recent EconTalk guest Jeffery Sachs.

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In this week's episode, Roberts and Edward Lazear share their recollections of recently deceased Nobel laureate Gary Becker. We'd like to hear what you think of Becker's work, and encourage you to join the conversation.

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CATEGORIES: Extras , Nobel Prize Winners

   

Podcast episode Edward Lazear on Becker

EconTalk Episode with Edward Lazear
Hosted by Russ Roberts

Edward Lazear of Stanford University talks with EconTalk host Russ Roberts about Gary Becker's innovative contributions to economics. The conversation opens with personal reminiscences by Lazear and Roberts. They then discuss Becker's application of economic principles to social phenomena such as discrimination, crime, education and the family along with Becker's overall approach to economic theory and measurement.

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This week's EconTalk was a live episode.

Share these prompts with your friends, family, students, co-workers, and let us know how the conversation goes! We love to hear from you.

Continue Reading
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CONTINUE READING...


   

Podcast episode McAfee, McArdle, and Ohanian on the Future of Work

EconTalk Episode with Videos, Debates, Multiple Guests
Hosted by Russ Roberts

Andrew McAfee, Megan McArdle, and Lee Ohanian talk with EconTalk host Russ Roberts on the future of work. Recorded before a live audience at the 33rd Santa Barbara Economic Summit, the conversation begins with each participant making a brief set of remarks on the topic. Topics discussed include the traits that might be rewards in a world of smart machines, reforming the educational system to prepare people for the changing economy, reforming immigration, and policies that might help the labor market work more effectively.

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