Go Hollywood this week as Russ chats with Adam Davidson of Planet Money, who recently served as technical advisor on the upcoming film The Big Short.
We hope you're looking forward to the film, too. In the meantime, help us continue to expand our learning and conversation at EconTalk, using the prompts below.
1. What are your top three takeaways from this week's episode?
2. In discussing the attempts at authenticity in the film, Davidson stresses that the filmmakers were insistent that this remain "a real story and an important story" that people ought to understand. He also notes that 99% of the people who watch will go in with very little understanding. How do you think the director would justify his focus on making sure that all of the details as well as the bigger picture is accurate for the movie given how few people in the audience will know it's accurate? Yet in other movies, like The Imitation Game, the movie is only loosely accurate. How do you reconcile these two approaches?
3. Davidson and Roberts talked about Ronald Coase's theory of the firm and how it might apply to the film industry. How does the "firm" making a film in Hollywood compare to the sort of firms Coase had in mind? (Hint: You might want to watch this interview with Coase. He discusses the theory of the firm from approximately 6:55 to 15:00.)
4. Have you ever worked as a member of a team that came together for one project and then disbanded. Share your experience with us and let us know how this episode made you think about that experience.