Recognizing Contributions in Monetary Economics and Labor Market Dynamics

Alex and Tyler share their predictions for the upcoming Nobel Prize in economics, considering potential winners like Michael Woodford for monetary theory, Susan Athey for her bringing machine learning , and Ariel Pakes for industrial organization. They reflect on overlooked economists such as Robert Barro, Richard Posner, Gordon Tullock, Armen Alchian, and Anthony Downs, while also highlighting the importance of dataset creators, including John Haltiwanger, Steven Davis, and the creators of the Penn World Table. They also explore non-traditional picks like Vitalik Buterin for his contributions to crypto, while calling out some questionable past winners.

If you love speculating about who deserves a Nobel—or can’t resist reminding everyone the economics prize technically isn't one—this is your episode.

Read a full transcript enhanced with helpful links, or watch on YouTube.

Recorded Sep 19th, 2024

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