WTF is an Applied Microeconomist?

This week, we dive into Joachim's career as an applied microeconomist. What does an applied microeconomist do, how is it relevant to product innovation, how do you enter the field, and much more!

FOLLOW-UPS – 01:43
Margaret Heffernan: A Bigger Prize
Ed Catmull on The Hungry Beast and the Ugly Baby

WTF IS AN APPLIED MICROECONOMIST? – 08:44
David Hume: “Reason Is and Ought Only to Be the Slave of the Passions”
Ariel Rubinstein: Dilemmas of an Economic Theorist
Karl Marx: Theses on Feuerbach
Mechanism Design

THE ASSUMPTION OF RATIONAL BEHAVIOR – 16:56
Game Theory: A Very Short Introduction
How “Jobs to Be Done” Can Help You Make, Better

MICRO- VS. MACRO-ECONOMICS – 23:58

APPLIED MICROECONOMICS & PRODUCT INNOVATION – 28:59
Tinker Hatfield, The Georges Pompidou Center & The Air Max 1

TEACHING VS. WORKING IN INDUSTRY – 37:16
The Perils of Crossing Over From Niche to Mainstream

JOACHIM'S PATH TO APPLIED MICROECONOMICS – 42:58
Rage Against the Machine, Che Guevara T-Shirt
Estimation of a Dynamic Auction Game
Ursula K. Le Guin: The Dispossessed

WHAT PEOPLE GET WRONG ABOUT ECONOMICS – 47:22
Surprised by the Hot Hand Fallacy?
Uncertainty in the Hot Hand Fallacy
Blaming Analytics for the 49ers Super Bowl Loss
Kevin Slavin: How Algorithms Will Shape Our World

HOW TO BECOME AN APPLIED MICROECONOMIST – 54:48

ADVICE TO YOUR 16-YEAR-OLD SELF – 57:35

WEEKLY RECS – 01:00:45
Tanaka Tatsuya: Miniature & Mitate Artist
Tom Coates: How Threads will integrate with the Fediverse
The fediverse, explained

CLOSING & PREVIEW – 01:08:48

(Image credit: Guillem Casasus for The Financial Times)

****

Rant, rave or otherwise via email at LearnMakeLearn@gmail.com or on Threads @LearnMakeLearnShow.

CREDITS
Theme: Vendla / Today Is a Good Day / courtesy of www.epidemicsound.com
Drum hit: PREL / Musical Element 85 / courtesy of www.epidemicsound.com