Smart Girl Dumb Questions Wait… What’s The Deal With This Economy? with Paul Krugman
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May 16, 2025 
In this engaging conversation, Nobel Laureate Paul Krugman, a renowned economist and former New York Times columnist, tackles pressing economic questions. He dives into the implications of tariffs on U.S.-China trade, explores the potential of Bitcoin as a currency, and evaluates whether millennials are the most affected generation by current economic trends. Alongside, he examines the misinterpretation of stock market indicators and discusses evolving gender roles in the workplace and dating, all while adding a touch of humor to complex economic theories.
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Limitations of Unemployment Rate
- The U3 unemployment rate is a consistent but imperfect indicator of job availability.
- It doesn't capture discouraged workers or underemployment, so it only signals if things are getting better or worse.
Labor Force Participation Insights
- Labor force participation rate reflects societal changes and doesn't directly measure job availability.
- Declining participation among prime-age white men signals structural economic issues.
Stock Market Isn't Economy
- The stock market is a poor indicator of overall economic health.
- It values future profits discounted to present and excludes wages, reflecting wealth of a small, affluent minority.