Russ Roberts

Growth Podcast Episodes and Extras

Category Archive with 57 podcast episodes and extras
 

Nobel laureate and emeritus professor at MIT Robert Solow sat down with EconTalk host Russ Roberts this week to discuss growth theory and the challenges of macroeconomics.

Now let's hear from you. Use the prompts below for comments here at EconTalk, or use them to start your own conversations offline. We love to hear from you.


econ machine2.jpg

CONTINUE READING...


   

Podcast episode Robert Solow on Growth and the State of Economics

EconTalk Episode with Robert Solow
Hosted by Russ Roberts

Robert Solow, Professor Emeritus at Massachusetts Institute of Technology and Nobel Laureate, talks with EconTalk host Russ Roberts about his hugely influential theory of growth and inspiration to create a model that better reflected the stable long-term growth of an economy. Solow contends that capital accumulation cannot explain a significant portion of the economic growth we see. He makes a critical distinction between innovation and technology, and then discusses his views on Milton Friedman and John M. Keynes.

Size:28.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Chris Blattman on Cash, Poverty, and Development

EconTalk Episode with Chris Blattman
Hosted by Russ Roberts

Chris Blattman of Columbia University talks to EconTalk host Russ Roberts about a radical approach to fighting poverty in desperately poor countries: giving cash to aid recipients and allowing them to spend it as they please. Blattman shares his research and cautious optimism about giving cash and discusses how infusions of cash affect growth, educational outcomes, and political behavior (including violence). The conversation concludes with a discussion of the limits of aid and the some of the moral issues facing aid activists and researchers.

Size: 32.6 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

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?

CONTINUE READING...

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?

CONTINUE READING...

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.

CONTINUE READING...

CATEGORIES: Growth

   

This week, Roberts talks about the challenges confronting U.S. cities today with Charles Marohn of Strong Towns. We'd like to hear what you think about the prospect of making cities stronger.

Questions below the fold:

CONTINUE READING...

CATEGORIES: Books , Growth

   

Podcast episode Diane Coyle on GDP

EconTalk Episode with Diane Coyle
Hosted by Russ Roberts

Diane Coyle, author of GDP: A Brief but Affectionate History, talks with EconTalk host Russ Roberts about the history of GDP, its uses, and its abuses. Topics discussed include the origins of GDP in the developed countries, the challenges of measuring the service sector, the challenges of dealing with innovation and product diversity, whether GDP should be supplemented with other measures of human well-being, and the challenges of dealing with internet-based goods that produce a great deal of satisfaction but make a much smaller impact on measured economic activity.

Size:27.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Brynjolfsson on the Second Machine Age

EconTalk Episode with Erik Brynjolfsson
Hosted by Russ Roberts

Erik Brynjolfsson of MIT and co-author of The Second Machine Age talks with EconTalk host Russ Roberts about the ideas in the book, co-authored with Andrew McAfee. He argues we are entering a new age of economic activity dominated by smart machines and computers. Neither dystopian or utopian, Brynjolfsson sees this new age as one of possibility and challenge. He is optimistic that with the right choices and policy responses, the future will have much to celebrate.

Size:27.4 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Joel Mokyr on Growth, Innovation, and Stagnation

EconTalk Episode with Joel Mokyr
Hosted by Russ Roberts

Joel Mokyr of Northwestern University talks with EconTalk host Russ Roberts about the future of the American economy. Mokyr rejects the claims that the we are entering an area of stagnation or permanently lower economic growth. He argues that measured growth understates the impact on human welfare. Many of the most important discoveries are new products that are often poorly measured and not reflected in measures such as gross domestic product or income. The conversation closes with a discussion of the downsides of technology and why Mokyr remains optimistic about the future.

Size:30.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Edmund Phelps on Mass Flourishing

EconTalk Episode with Edmund Phelps
Hosted by Russ Roberts

Edmund Phelps of Columbia University, Nobel Laureate in economics, and author of Mass Flourishing talks with EconTalk host Russ Roberts about the ideas in the book. Phelps argues that human flourishing requires challenges, struggles, and success and goes beyond material prosperity. He argues that in recent decades, policy has discouraged innovation and mass flourishing resulting in a slow-down in growth rates. Phelps emphasizes the non-material benefits of economic growth and the importance of small innovations over big inventions as key to that growth.

Size:30.6 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Hanushek on Education and Prosperity

EconTalk Episode with Eric Hanushek
Hosted by Russ Roberts

Eric Hanushek of Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about his new book, Endangering Prosperity (co-authored with Paul Peterson and Ludger Woessmann). Hanushek argues that America's educational system is mediocre relative to other school systems around the world and that the failure of the U.S. system to do a better job has a significant negative impact on the American standard of living. Hanushek points to improving teacher quality as one way to improve education.

Size: 32.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Weingast on the Violence Trap

EconTalk Episode with Barry Weingast
Hosted by Russ Roberts

Barry Weingast, the Ward C. Krebs Family Professor of Political Science at Stanford University and a Senior Fellow at Stanford's Hoover Institution talks with EconTalk host Russ Roberts about the role of violence and the threat of violence in maintaining destructive economic policies that reduce growth and development. Weingast argues that the threat of violence encourages leaders to create monopolies and other unproductive policies to pay off special interests that would otherwise threaten a coup or revolution. Weingast shows there is a surprising amount of violent regime change in modern times and discusses how this discourages growth-enhancing economic policies. The conversation closes with an analysis of similar ideas in Book III of Adam Smith's Wealth of Nations.

Size: 31.7 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Clemens on Aid, Migration, and Poverty

EconTalk Episode with Michael Clemens
Hosted by Russ Roberts

Michael Clemens of the Center for Global Development talks with EconTalk host Russ Roberts about the effects of aid and migration on world poverty. Clemens argues that the effects of aid are positive but small. But emigration has the potential to have a transformative effect on migrants from poor countries who emigrate to richer ones. The discussion concludes with the impact of migrants on the host country.

Size: 27.3 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Stevenson and Wolfers on Happiness, Growth, and the Reinhart-Rogoff Controversy

EconTalk Episode with Betsey Stevenson and Justin Wolfers
Hosted by Russ Roberts

Betsey Stevenson and Justin Wolfers, of the University of Michigan talk with EconTalk host Russ Roberts about their work on the relationship between income and happiness. They argue that there is a positive relationship over time and across countries between income and self-reported measures of happiness. The second part of the conversation looks at the recent controversy surrounding work by Reinhart and Rogoff on the relationship between debt and growth. Stevenson and Wolfers give their take on the controversy and the lessons for economists and policy-makers. This conversation was recorded shortly before Betsey Stevenson was nominated to the President's Council of Economic Advisers.

Size: 29.8 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Galbraith on Inequality

EconTalk Episode with James Galbraith
Hosted by Russ Roberts

James Galbraith of the University of Texas and author of Inequality and Instability talks with EconTalk host Russ Roberts about inequality. Galbraith argues that much of the mainstream analysis of inequality in the economics literature is flawed. Galbraith looks at a variety of different measures and ways of analyzing income data. In the podcast he focuses on how much of measured inequality is due to changes in specific counties or industries. Other topics discussed include the state of economics in the aftermath of the Great Recession and the importance of the government safety net and other social legislation.

Size: 28.7 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Glaeser on Cities

EconTalk Episode with Edward Glaeser
Hosted by Russ Roberts

Edward Glaeser of Harvard University and author of The Triumph of Cities talks with EconTalk host Russ Roberts about American cities. The conversation begins with a discussion of the history of Detroit over the last century and its current plight. What might be done to improve Detroit's situation? Why are other cities experiencing similar challenges to those facing Detroit? Why are some cities thriving and growing? What policies might help ailing cities and what policies have helped those cities that succeed? The conversation concludes with a discussion of why cities have such potential for growth.

Size: 29.3 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:

CATEGORIES: Books , Education , Edward Glaeser , Growth

   

Podcast episode Kelly on the Future, Productivity, and the Quality of Life

EconTalk Episode with Kevin Kelly
Hosted by Russ Roberts

Kevin Kelly talks with EconTalk host Russ Roberts about measuring productivity in the internet age and recent claims that the U.S. economy has entered a prolonged period of stagnation. Then the conversation turns to the potential of robots to change the quality of our daily lives.

Size: 26.9 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Jerven on Measuring African Poverty and Progress

EconTalk Episode with Morten Jerven
Hosted by Russ Roberts

Morten Jerven of Simon Fraser University, author of Poor Numbers, talks with EconTalk host Russ Roberts about the quality of data coming out of Africa on income, growth, and population. Jerven argues that the inconsistency of the numbers and methodology both across countries and within a country across time, makes many empirical studies of African progress meaningless. The conversation closes with a discussion of what might be done to improve data collection in poor countries.

Size: 31.8 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Robert Skidelsky on Money, the Good Life, and How Much is Enough

EconTalk Episode with Robert Skidelsky
Hosted by Russ Roberts

Robert Skidelsky, noted biographer of John Maynard Keynes and author (with his son Edward) of the recently published How Much is Enough, talks with EconTalk host Russ Roberts about materialism, growth, insatiability, and the good life. Skidelsky argues that we work too hard and too long. He argues that the good life has more leisure than we currently consume and that public policy should be structured to discourage work in wealthy countries where work can still be uninspiring. Skidelsky criticizes the discipline of economics and economists for contributing to an obsession with growth to the detriment of what he says are more meaningful and life-enhancing policy goals.

Size: 25.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Ober on the Ancient Greek Economy

EconTalk Episode with Josiah Ober
Hosted by Russ Roberts

Josiah Ober of Stanford University talks with EconTalk host Russ Roberts about the economy of ancient Greece, particularly Athens. Ober notes that the standard view of ancient Greece is that it was very poor. Drawing on various kinds of evidence, Ober argues that Greece was actually quite successful, and that the average citizen of ancient Athens lived quite well by ancient standards. He suggests two possible explanations for Greece's economic success--an openness of the political process that reduced transaction costs and encouraged human capital investment or innovation and cross-fertilization across Greek states. The conversation also explores the nature of evidence for understanding antiquity and the prospect for future discoveries pertaining to ancient Greece.

Size: 30.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Moretti on Jobs, Cities, and Innovation

EconTalk Episode with Enrico Moretti
Hosted by Russ Roberts

Enrico Moretti of the University of California, Berkeley and the author of the New Geography of Jobs talks to EconTalk host Russ Roberts about the ideas in his book. Moretti traces how the economic success of cities and the workers who live there depends on the education of those workers. Moretti argues that there are spillover effects from educated workers--increased in jobs and wages in the city. He uses changes in the fortunes of Seattle and Albuquerque over the last three decades as an example of how small changes can affect the path of economic development and suggests a strong role for serendipity in determining which cities become hubs for high-tech innovation. The conversation concludes with Moretti making the case for increasing investments in education and research and development.

Size: 33.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Burkhauser on the Middle Class

EconTalk Episode with Richard Burkhauser
Hosted by Russ Roberts

Richard Burkhauser of Cornell University talks with EconTalk host Russ Roberts about the state of the middle class. Drawing on recently published papers, Burkhauser shows that changes in the standard of living of the middle class and other parts of the income distribution are extremely sensitive to various assumptions about how income is defined as well as whether you look at tax units or households. He shows that under one set of assumptions, there has been no change in median income, but under a different and equally reasonable set of assumptions, median income has grown 36%. Burkhauser explains how different assumptions can lead to such different results and argues that the assumptions that lead to the larger growth figure are more appropriate for capturing what has happened over the last 40 years than those that suggest stagnation.

Size: 27.7 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Kaplan on the Inequality and the Top 1%

EconTalk Episode with Steven Kaplan
Hosted by Russ Roberts

Steven Kaplan of the University of Chicago talks with EconTalk host Russ Roberts about the richest Americans and income inequality. Drawing on work with Joshua Rauh, Kaplan talks about the composition of the richest 1% and 1/10 of 1%--what proportions come from the financial sector, CEOs from non-financial corporations, athletes, lawyers and so on. Then he discusses how the incomes of these different groups have changed over time. Kaplan argues that these groups have increased their incomes by similar proportions, suggesting that a failure of corporate governance is not the explanation of rising CEO pay. The discussion closes with a discussion of the financial crisis and the compensation in the financial sector.

Size: 30.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Avent on Cities, Urban Regulations, and Growth

EconTalk Episode with Ryan Avent
Hosted by Russ Roberts

Ryan Avent of the Economist and author of The Gated City talks with EconTalk host Russ Roberts about The Gated City and how cities have restricted access to land and housing. Avent argues that restricted access has raised housing prices artificially on both the east and west coast of the United States, reducing urban populations and restricting access to labor markets. He argues that this in turn has artificially depressed growth in the United States by keeping workers from their most productive opportunities. The conversation closes with a discussion of possible policy changes that might make cities more accessible to development and growth.

Size: 30.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Bruce Meyer on the Middle Class, Poverty, and Inequality

EconTalk Episode with Bruce Meyer
Hosted by Russ Roberts

Bruce Meyer of the University of Chicago talks with EconTalk host Russ Roberts about the middle class, poverty, and inequality. Many economists and pundits argue that the middle class has made little or no economic progress over the last 30 years, that poverty rates are stagnant or rising, and that inequality has increased dramatically. Meyer, drawing on his research over the last ten years, argues that these conclusions are either false or misleading. He argues that standard measures of economic progress and inequality are based on faulty inflation data or a misplaced focus on pre-tax income instead of post-tax income or consumption.

Size: 27.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Easterly on Benevolent Autocrats and Growth

EconTalk Episode with William Easterly
Hosted by Russ Roberts

William Easterly of New York University talks with EconTalk host Russ Roberts about the oft-heard claim that poor countries led by autocrats grow faster than poor countries that are democratic. Drawing on a recent paper, "Benevolent Autocrats," Easterly argues that while some autocracies do indeed grow very quickly, a much greater number do not. Yet, the idea that the messiness of democracy is inferior to a dictatorship remains seductive. Easterly gives a number of arguments for the perennial appeal of autocracy as a growth strategy. The conversation closes with a discussion of the limitations of our knowledge about growth and where that leaves policymakers.

Size: 30.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Townsend on Development, Poverty, and Financial Institutions

EconTalk Episode with Robert Townsend
Hosted by Russ Roberts

Robert Townsend of MIT and the Consortium on Financial Systems and Poverty talks with EconTalk host Russ Roberts about development and the role of financial institutions in growth. Drawing on his research, particularly his surveys of households in Thailand, Townsend argues that both informal networks and arrangements and formal financial institutions play important roles in dealing with risk. Along the way, he discusses the role of microfinance in poor countries and the potential for better financial arrangements to lead to higher growth and the accumulation of wealth.

Size: 32.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Cowen on the Great Stagnation

EconTalk Episode with Tyler Cowen
Hosted by Russ Roberts

Tyler Cowen of George Mason University and author of the e-book The Great Stagnation talks with EconTalk host Russ Roberts about the ideas in the book. Cowen argues that in the last four decades, the growth in prosperity for the average family has slowed dramatically in the United States relative to earlier decades and time periods. Cowen argues that this is the result of a natural slowing in innovation and that we expect too much growth relative to what is possible. Cowen expects improvements in the rate of growth in the future when new areas of research yield high returns. The conversation includes a discussion of the implications of Cowen's thesis for politics and public policy.

Size: 27.8 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Hanson on the Technological Singularity

EconTalk Episode with Robin Hanson
Hosted by Russ Roberts

Robin Hanson of GMU talks with EconTalk host Russ Roberts about the idea of a technological singularity--a sudden, large increase in the rate of growth due to technological change. Hanson argues that it is plausible that a change in technology could lead to world output doubling every two weeks rather than every 15 years, as it does currently. Hanson suggests a likely route to such a change is to port the human brain into a computer-based emulation. Such a breakthrough in artificial intelligence would lead to an extraordinary increase in productivity creating enormous wealth and radically changing the returns to capital and labor. The conversation looks at the feasibility of the process and the intuition behind the conclusions. Hanson argues for the virtues of such a world.

Size: 44.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Kelly on Technology and What Technology Wants

EconTalk Episode with Kevin Kelly
Hosted by Russ Roberts

Kevin Kelly, author of What Technology Wants, talks with EconTalk host Russ Roberts about technology and the ideas in the book. Kelly argues that technology is best understood as an emergent system subject to the natural forces underpinning all emergent systems. He argues that any technology creates benefits and costs but that the benefits typically outweigh the costs (perhaps by a small amount) leading to human progress. This is a wide-ranging conversation that includes discussion of the Unabomber, the Amish, the survival of human knowledge, and the seeming inevitability of the advancement of knowledge. The conversation closes with a discussion of the potential for technology to make an enormous leap in self-organization.

Size: 35.8 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Ridley on Trade, Growth, and the Rational Optimist

EconTalk Episode with Matt Ridley
Hosted by Russ Roberts

Matt Ridley, author of The Rational Optimist, talks with EconTalk host Russ Roberts about why he is optimistic about the future and how trade and specialization explain the evolution of human development over the millennia. Ridley argues that life is getting better for most of the people on earth and that the underlying cause is trade and specialization. He discusses the differences between Smith's and Ricardo's insights into trade and growth and why despite what seems to be strong evidence, people are frequently pessimistic about the future. Ridley also addresses environmental issues.

Size: 27.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Sumner on Growth and Economic Policy

EconTalk Episode with Scott Sumner
Hosted by Russ Roberts

Scott Sumner of Bentley University and the blog, The Money Illusion, talks with EconTalk host Russ Roberts about the last 30 years of economic policy and macroeconomic success and failure. Sumner argues that there was a neoliberalism revolution beginning in the 1980s around the world, an era of deregulation, privatization and falling marginal tax rates. Sumner argues that the states that liberalized the most had the most successful economic results. Roberts argues that it is difficult to assess the independent effect of various policy changes and points to many areas--in the United States at least--where government involvement increased in important parts of the economy, and Sumner responds. Sumner also talks about the importance of culture in economic performance.

Size: 32.2 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Roberts on Smith, Ricardo, and Trade

EconTalk Episode with Russ Roberts
Hosted by Russ Roberts

Russ Roberts, host of EconTalk, does a monologue this week on the economics of trade and specialization. Economists have focused on David Ricardo's idea of comparative advantage as the source of specialization and wealth creation from trade. Drawing on Adam Smith and the work of James Buchanan, Yong Yoon, and Paul Romer, Roberts argues that we've neglected the role of the size of the market in creating incentives for specialization and wealth creation via trade. Simply put, the more people we trade with, the greater the opportunity to specialize and innovate, even when people are identical. The Ricardian insight masks the power of market size in driving innovation and the transformation of our standard of living over the last few centuries in the developed world.

Size: 28.6 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Spence on Growth

EconTalk Episode with Michael Spence
Hosted by Russ Roberts

Nobel Laureate Michael Spence of Stanford University's Hoover Institution and the Commission on Growth and Development talks with EconTalk host Russ Roberts about the determinants of economic growth. Spence discusses the findings of the Commission's recent report and how it compares to earlier attempts to uncover the sources of growth and the lack of growth such as the Washington Consensus. Spence makes the case for government provision of infrastructure including education and the problems of corruption and governance. The conversation closes with a look at Spence's career and the lessons of that experience.

Size: 30.8 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Kling on Prosperity, Poverty, and Economics 2.0

EconTalk Episode with Arnold Kling
Hosted by Russ Roberts

Arnold Kling of EconLog and the author (with Nick Schulz) of From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and the Lasting Triumph over Scarcity talks about the book with EconTalk host Russ Roberts. Kling discusses how modern economists think about growth in both developed and undeveloped countries and contrasts those ideas with earlier views in economics. The focus of the modern understanding is on ideas and the ability of ideas to improve technology, leading to prosperity. Unlike physical capital, ideas can be enjoyed by many people at once, explaining why past models that ignored ideas and focused on physical capital failed to account for the observed magnitude of economic development. Kling also discusses the success of China and India.

Size: 26.8 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Peter Henry on Growth, Development, and Policy

EconTalk Episode with Peter Henry
Hosted by Russ Roberts

Peter Blair Henry of Stanford University talks with EconTalk host Russ Roberts about economic development. Henry compares and contrasts the policy and growth experience of Barbados and Jamaica. Both became independent of England in the 1960s, so both inherited similar institutions. But each pursued different policies with very different results. Henry discusses the implications of this near-natural experiment for growth generally and the importance of macroeconomic policy for achieving prosperity. The conversation closes with a discussion of Henry's research on stock market reactions as a measure of policy's effectiveness.

Size: 29.6 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Roberts on Wealth, Growth, and Economics as a Science

EconTalk Episode with Russ Roberts
Hosted by Russ Roberts

EconTalk host Russ Roberts talks with reporter Robert Pollie about the basics of wealth and growth. What happens when the stock market goes down or the price of housing? When wealth goes down, where does the wealth go? How do these changes affect our wealth? What is the relationship between wealth and inflation? Roberts explains the economic fundamentals of these changes. At the end of the conversation, Roberts discusses the implications of the current economic crisis for assessing the state of economics as a discipline.

Size: 23.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Brink Lindsey on the Age of Abundance

EconTalk Episode with Brink Lindsey
Hosted by Russ Roberts

Brink Lindsey, of the Cato Institute and author of The Age of Abundance: How Prosperity Transformed America's Politics and Culture, talks with EconTalk host Russ Roberts about the interaction between culture and politics and prosperity. Lindsey outlines the nature of prosperity in America in the 20th century, then focuses on the last half of the century when cultural change was perhaps as dramatic as economic change. The conversation concludes with a discussion of Lindsey's essay, "Paul Krugman's Nostalgianomics," a look at the longing for a return of the economic policy of the 1950's. Lindsey argues that the policies that led to a more egalitarian distribution of income in the 1950s had other much less attractive characteristics.

Size: 30.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Acemoglu on the Financial Crisis

EconTalk Episode with Daron Acemoglu
Hosted by Russ Roberts

Daron Acemoglu, of MIT, talks with EconTalk host Russ Roberts about the financial crisis and the lessons that need to be learned from the crisis. He argues that economists overestimated the stability of self-interest and ignored the institutional context of financial decision-making. He makes the case for new regulation and worries that political decisions will neglect the importance of growth.

Size: 34.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Srour on Education, African Schools, and Building Tomorrow

EconTalk Episode with George Srour
Hosted by Russ Roberts

George Srour, founder of Building Tomorrow, a non-profit that builds schools in Uganda, talks with EconTalk host Russ Roberts about his experience starting, funding, and running an organization that tries to change the world one school at a time. Srour discusses how he tries to make sure that his organization accomplishes more than bricks and mortar and the rewards and challenges of a start-up non-profit.

Size: 25.4 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Richard Epstein on Happiness, Inequality, and Envy

EconTalk Episode with Richard Epstein
Hosted by Russ Roberts

Richard Epstein of the University of Chicago talks with EconTalk host Russ Roberts about the relationship between happiness and wealth, the effects of inequality on happiness, and the economics of envy and altruism. He also applies the theory of evolution to explain some of the findings of the happiness literature.

Size: 26.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Bernstein on Inequality

EconTalk Episode with William Bernstein
Hosted by Russ Roberts

William Bernstein, author of A Splendid Exchange, talks with EconTalk host Russ Roberts about inequality. Bernstein is worried about it; Roberts is not. Bernstein argues that inequality is damaging to the health of low-status people and hurts the health of the economy. Roberts challenges Bernstein's empirical evidence. It's a lively conversation on the economics of status, productivity and the progressivity of taxes.

Size: 25.9 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Karol Boudreaux on Wildlife, Property, and Poverty in Africa

EconTalk Episode with Karol Boudreaux
Hosted by Russ Roberts

Karol Boudreaux, Senior Research Fellow at the Mercatus Center at George Mason University talks with EconTalk host Russ Roberts about wildlife management in Africa. Their conversation focuses on community-based wildlife management in Namibia, a policy to give communities the incentives to protect wildlife and avoid the tragedy of the commons.

Size: 26.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Barro on Disasters

EconTalk Episode with Robert Barro
Hosted by Russ Roberts

Robert Barro of Harvard University and Stanford University's Hoover Institution talks about disasters--significant national and international catastrophes such as the Great Depression, war, and the flu epidemic in the early part of the 20th century. What do we know about these disasters? What is the likelihood of a catastrophic financial crisis in the United States? How serious is the current economic situation in the United States? The conversation also includes discussions of economic stimulus, tax policy, and the recent worldwide rise in commodity prices.

Size: 29.6 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Don Boudreaux on Energy Prices

EconTalk Episode with Don Boudreaux
Hosted by Russ Roberts

Don Boudreaux of George Mason University talks with EconTalk host Russ Roberts about the recent surge in energy prices. They talk about why prices have risen, the implications for America's standard of living and the implications for public policy.

Size: 29.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Coyle on the Soulful Science

EconTalk Episode with Diane Coyle
Hosted by Russ Roberts

Diane Coyle talks with EconTalk host Russ Roberts about the ideas in her new book, The Soulful Science: What Economists Really Do and Why it Matters. The discussions starts with the issue of growth--measurement issues and what economists have learned and have yet to learn about why some nations grow faster than others and some don't grow at all. Subsequent topics include happiness research, the politics and economics of inequality, the role of math in economics, and policy areas where economics has made the greatest contribution.

Size: 29.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Easterly on Growth, Poverty, and Aid

EconTalk Episode with William Easterly
Hosted by Russ Roberts

William Easterly of NYU talks about why some nations escape poverty while others do not, why aid almost always fails to create growth, and what can realistically be done to help the poorest people in the world.

Size: 28.3 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Collier on the Bottom Billion

EconTalk Episode with Paul Collier
Hosted by Russ Roberts

Paul Collier of Oxford University talks about the ideas in his recent book, The Bottom Billion, an analysis of why the poorest countries in the world fail to grow. He talks about conflict, natural resources, being landlocked, and bad governance, four factors he identifies as causes of the desperate poverty and stagnation in the countries where 1/6 of the world's poorest peoples live.

Size: 31.5 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Botkin on Nature, the Environment and Global Warming

EconTalk Episode with Daniel Botkin
Hosted by Russ Roberts

Daniel Botkin, ecologist and author, talks with EconTalk host Russ Roberts about how we think about our role as humans in the natural world, the dynamic nature of environmental reality and the implications for how we react to global warming.

Size: 30.4 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode McCraw on Schumpeter, Innovation, and Creative Destruction

EconTalk Episode with Thomas McCraw
Hosted by Russ Roberts

Thomas McCraw of Harvard University talks about the ideas of Joseph Schumpeter from his book, Prophet of Innovation: Joseph Schumpeter and Creative Destruction. McCraw and EconTalk host Russ Roberts discuss innovation, business strategy, the role of mathematics in economics, and Schumpeter's vision of competition embodied in his most important idea--creative destruction.

Size: 30.6 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Romer on Growth

EconTalk Episode with Paul Romer
Hosted by Russ Roberts

Paul RomerPaul Romer, Stanford University professor and Hoover Institution Senior Fellow talks with EconTalk host Russ Roberts about growth, China, innovation, and the role of human capital. Also discussed are ideas in creating growth, the idea that ideas allow for increasing returns, and intellectual property and how it should be treated. This 75 minute podcast is a wonderful introduction to thinking about what creates and sustains our standard of living in the modern world.

Size: 35.4 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Weingast on Violence, Power and a Theory of Nearly Everything

EconTalk Episode with Barry Weingast
Hosted by Russ Roberts

Barry Weingast, Senior Fellow at Stanford University's Hoover Institution and the Ward C. Krebs Family Professor in the Department of Political Science at Stanford University, talks about the ideas in his forthcoming book with Doug North and John Wallis, A Conceptual Framework for Interpreting Recorded Human History. Weingast talks with EconTalk host Russ Roberts about how violence shapes political institutions, the role of competition in politics and economics, and why most development advice from successful nations fails to lift poor nations out of poverty.

Size: 30.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Hanushek on Educational Quality and Economic Growth

EconTalk Episode with Eric Hanushek
Hosted by Russ Roberts

Hoover Institution Senior Fellow Eric Hanushek talks about his research on the impact of educational quality on economic growth. Past efforts to increase the economic growth rate of poor countries have focused on years of schooling, neglecting the quality and true education that needs to take place. Hanushek presents dramatic findings about the decisive nature of cognitive ability and knowledge in driving economic growth. Join us as Hanushek talks with EconTalk host Russ Roberts about his findings and the implications for public policy around the world and in the United States.

Size: 29.0 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Easterbrook on the American Standard of Living

EconTalk Episode with Gregg Easterbrook
Hosted by Russ Roberts

Author Gregg Easterbrook talks about the ideas in his latest book, The Progress Paradox: How Life Gets Better While People Feel Worse. How has life changed in America over the last century? Is the average person getting ahead or are the rich taking all the gains? Easterbrook argues that life is better for the average American in almost every dimension. The paradox is that despite those gains, we don't seem much happier.

Size: 12.7 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Lucas on Growth, Poverty and Business Cycles

EconTalk Episode with Bob Lucas
Hosted by Russ Roberts

Bob Lucas, Nobel Laureate and professor of economics at the University of Chicago talks about wealth and poverty, what affects living standards around the world and over time, the causes of business cycles and the role of the money in our economy. Along the way, he talks about Jane Jacobs, immigration, and Milton Friedman's influence on his career.

Size: 11.1 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:


   

Podcast episode Barro on Growth

EconTalk Episode with Robert Barro
Hosted by Russ Roberts

Russ Roberts interviews Robert Barro, Harvard University Professor and Hoover Institution Senior Fellow, on the economics of growth, what the developed world can do to help poor people around the world, and the role of US assets and the dollar in world finance.

Size: 10.9 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

MORE:

CATEGORIES: Growth , Robert Barro

   

Return to top