Archive for the ‘macroeconomics’ Tag
Link: https://freakonomics.com/podcast/in-the-1890s-the-best-selling-car-was-electric/
Today, fewer than 1% of cars in the United States are electric. According to technology historian Tom Standage, the spike in gas prices may push the transition faster than people think. When switching from gas to electric cars, there is more to consider than just the labor market and the demand for gasoline. Standage believes everything will change.
Original Air Date: March 30, 2022
Length: 46 Minutes 20 Seconds
Link: https://www.aeaweb.org/research/ellora-derenoncourt-great-migration
In this AEA Research Highlights podcast, Derenoncourt discusses her findings on how some policies that encourage families to move to opportunity ignore the fundamentals that allow neighborhoods to thrive. In her paper, Derenoncourt uses evidence from the Great Migration to show why earning potential has decreased for African Americans living in those same neighborhoods that once promised a better life.
Original Air Date: March 2, 2022
Length: 19 Minutes 32 Seconds
Paper Citation: Derenoncourt, Ellora. 2022. “Can You Move to Opportunity? Evidence from the Great Migration.” American Economic Review, 112 (2): 369-408.
Link: https://podcasts.apple.com/us/podcast/news-not-noise/id1585743634?i=1000550850554
New York Times bestselling author Alec Ross talks about his new book, The Raging 2020s, and explains how that restore the balance of power between the government, businesses, and citizens a new social contract is needed for modern America.
Discussion Prompt: After listening to the podcast, do you agree that America needs a new social contract for the economy to thrive? While answering this question, use your economic thinking and reflect on ideas like wealth inequality, taxes, and unions.
Original Air Date: February 12, 2022
Length: 32 minutes 28 seconds
Link: http://www.npr.org/2017/10/11/556973877/fed-s-departing-vice-chair-on-stocks-the-federal-debt-and-transparency
Summary: In this podcast, economics meets finance. We learn how Stanley Fischer, the departing vice chair of the Fed, connects interest rates to the stock market, how he views the level of transparency of the Fed, and we learn his input on how the country’s economy has been functioning as a whole.
Original Air Date: October 11, 2017
Length: 5 minutes 28 seconds
Link: http://freakonomics.com/2014/10/02/fixing-the-world-bang-for-the-buck-edition-a-new-freakonomics-radio-podcast/
Summary: Return on Investment (ROI) analyzes at the most efficient way to spend money. An example given is the difference between curing malaria and HIV/AIDS. To cure malaria, it would cost about $1,000 per person, while it would cost ten times that to cure HIV/AIDS, and it is decided that they would rather save 10 people from malaria before they save one from HIV/AIDS. The United Nations, with their Millennium Development Goals coming to a close, will be looking to set new goals in 2015, to be completed by 2030. One of the issued they will focus on is how they are setting goals, and how to be more efficient with the help of the Return on Investment analysis.
Original Air Date: October 2, 2014
Length: 43 minutes 34 seconds
Prompt / Discussion: You are a member of the United Nations, and are put in charge of coming up with new development goals for 2015. You have $100 billion to invest in various development aid. Discuss how you would prioritize between an important, expensive goal (such as getting all kids into school, which was one of the Millennium Development Goals), and something that might not be seen as highly important, but cost effective.
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