Influences, Interpretations, and Inspiration

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The speaker reflects on the influence of their hardworking grandmother on their own work ethic and discusses the differences in interpreting signals based on their personal beliefs, using a McDonald's situation as an example. They also mention a research paper they wrote on this topic and how they apply their economic knowledge to their community.

Can economics and better measurement help us understand racial disparities and suggest how to reduce or eliminate them? Economist Roland Fryer of Harvard University believes deeply in the power of data to help us understand how the world works and how we might change it. Listen as he tells EconTalk's Russ Roberts of his devotion to this mission, what he learned from his grandmother, and what colleges can do if they really want to increase minority enrollment.