Where Does the Money for Stimulus Checks Come From?   Leave a comment

Link: https://www.marketplace.org/shows/make-me-smart-with-kai-and-molly/where-does-the-money-for-stimulus-checks-come-from/

$1.86 trillion in relief spending has been authorized by congress, which will be financed by the sale of government bonds and other debt instruments. The Federal Reserve Bank will purchase many of these bonds which will cause an inflow of money into the economy. This podcast also elaborates on the inflationary implications of the stimulus checks entering the economy.

There is also discussion of Google’s market power and vaccination progress.

Discussion Prompt: What is the intended goal of the stimulus checks and what unintended consequences can arise as a result?

Original Air Date: March 17, 2021

Length: 19 minutes and 34 seconds

Women in Economics: Carmen Reinhart   Leave a comment

Link: https://www.stlouisfed.org/timely-topics/women-in-economics/carmen-reinhart

Carmen Reinhart, a professor of the International Financial Systems at Harvard Kennedy School discusses her life and economic experiences with Maria Hasenstab, senior media relations specialist at the St. Louis Fed. They cover a variety of topics from Reinhart’s childhood move from Cuba to the U.S., the male-dominated field of economics and how that impacts women, and how she analyzes economics almost like a detective would. As we continue through International Women’s Month, she leaves a motto for any women in the economic field: perseverance and consistency.

Original Air Date: July 17, 2019

Length: 17 minutes and 31 seconds

The Power of Humor   Leave a comment

Link: https://www.npr.org/2021/02/08/965572857/the-power-of-humor

The Indicator discusses the value of humor in life. They invite Jennifer Aaker and Naomi Bagdonas, Stanford Business School faculty, to discuss their book new Humor, Seriously which highlights the importance of humor within the workplace. They consider all of the utility gained through the incorporation of humor into work such as increased productivity and satisfaction, as well as tips on how to add in humor to your workday.

Original Air Date: February 8, 2021

Length: 8 minutes 46 seconds

Economics, Sexism, Data   Leave a comment

Link: https://www.npr.org/2019/05/03/720139562/episode-910-economics-sexism-data

As International Women’s Month begins, this podcast by Planet Money helps highlight some of the issues involving sexism and economics. At the time Alice Wu was an economics undergraduate at UC Berkeley and had found an online job forum but was shocked to see the attitude and banter relating to women in the field of economics. She then used her econ skills to analyze the inherent bias found on the site and put out a report on her findings, leading to many woman in the economic field sharing their stories and exposing some of the sexism they have had to face.

Discussion Prompt: What are some ways that social issues, such as sexism can be address throughout a whole field like economics?

Original Air Date: May 3, 2019

Length: 24 minutes 20 seconds

Rethinking Black Wealth   Leave a comment

Link: https://www.npr.org/2020/10/05/920342513/rethinking-black-wealth

Dr. Andre Perry, a Brookings Institution fellow, highlights the disparities of wealth and structural racism in predominantly Black neighborhoods. He discusses his self-coined term “devalued assets” and how oppressive policy that has been enforced on Black communities has caused extensive damage throughout. An educational conversation to bring Black History Month to a close.

Original Air Date: October 7, 2020

Length: 20 minutes 59 seconds

Hey Google, Are You Too Big?   Leave a comment

Link:https://www.npr.org/2020/10/21/926168583/hey-google-are-you-too-big

The Department of Justice has filed an anti-trust lawsuit against Google due to their alleged monopoly power over the online search and internet search ad market. The DOJ must prove in this case that Google has created this monopoly in a way that is harmful to consumers. If Google loses the case, this would allow for more competition within the market, even if the effects of this case are not seen right away.

Original Air Date: October 21, 2020

Length: 18 minutes

Economist Nariman Behravesh on the Havoc Caused by COVID-19   Leave a comment

Link: https://www.weforum.org/agenda/2020/04/world-vs-virus-podcast/

Behravesh, chief economist at IHS states that the uncertainty and fear associated with Covid-19 has been responsible globally for decreased consumption. Although Covid-19 cases in many countries are decreasing, the economic impact is expected to continue for at least another year.

Original Air Date: October 1, 2020

Length: 13 minutes

Discussion Post: Pretend you are a policy maker. If at all, how would you help different industries that are in need of relief because of the pandemic such as the hotel/hospitality industry?

What do Leaked Financial Documents Reveal about Dirty Money in Banking?   Leave a comment

Link: https://www.brookings.edu/podcast-episode/what-do-leaked-financial-documents-reveal-about-dirty-money-in-banking/

Despite national and global efforts to discourage money laundering, there were recent reports from the Financial Crimes Enforcement Network suggest suspicious transactions and funding during the investigation of Russian interference in the 2016 election. This podcast further discusses some of the failures of banks to report suspicious activities in a timely manner. Matthew Collins from the Brookings Institute states that if our government really wants to hammer down on money laundering and other financial crimes, it is crucial to invest more funds into regulatory bodies such as FinCen.

Original Air Date: September 24, 2020

Length: 12 minutes 20 seconds

Behind the Scenes with Dr. Moryl of AudioEcon   Leave a comment

Learn what inspired AudioEcon.com, hear how Dr. Rebecca Moryl uses Social Media to teach economics, and get some inspiration for the semester ahead. Dr. Abdullah Al Bahrani interviewed Dr. Moryl to kick off the second season of ‘Coffee with Dr. A.’ Check out the engaging conversation between two passionate economic educators.

Posted January 13, 2021 by audioecon in Utility

Educated Workers and America’s Competitiveness   Leave a comment

Link: https://www.stlouisfed.org/timely-topics/educated-workers-and-americas-competitiveness

The United States used to lead the world in their percentage of college graduates. Today, the U.S is lagging behind countries like Japan and South Korea. Dr. Monge-Naranjo from the Federal Reserve Bank discusses how this isn’t necessarily a bad thing, and how the United States can benefit from the ideas and technologies being produced elsewhere.

Original Air Date: August 31 2020

Length: 3 minutes 13 seconds

Discussion Prompt: What other ways can this idea benefit the United States? What ways could this be harmful to the United States? Is there any significance or advantage to being “number 1” in terms of college educated workers?