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EconoFact Chats

Latest episodes

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May 23, 2021 • 22min

The U.S.’s Decades-Long Retreat from Globalization

Adam Posen, president of the Peterson Institute for International Economics lays out evidence for the U.S.'s retreat from globalization, and its potential consequences.
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May 17, 2021 • 27min

Crime in the Time of COVID-19

COVID-driven lockdowns contributed to a sharp drop in the rates of many types of crime, although, the rates of some crimes such as homicides increased in 2020. What explains these divergent trends?
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May 10, 2021 • 22min

Places Left Behind: Post-Industrial Cities and the Potential for Their Revival

A discussion with Matt Kahn, director of Johns Hopkins' 21st Century Cities Initiative on what causes some cities to grow, while others shrink.
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May 4, 2021 • 48min

Biden’s First 100 Days and What’s Likely to Follow

EconoFact Chats draws on a panel of distinguished economic journalists to discuss what the Biden Administration has achieved in its first 100 days, and the challenges it faces over the coming year.
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Apr 26, 2021 • 19min

The U.S. Economy: Financial Stability, Longer-Term Risks and Reasons for Optimism

Eric Rosengren, President of the Federal Reserve Bank of Boston, discusses financial stability issues in the wake of the COVID crisis, and some ways to address them.
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Apr 19, 2021 • 26min

The COVID-19 Crisis: Looking Forward

Tom Frieden (former Director, CDC) highlights factors that make COVID-19 particularly deadly, the importance of good governance in slowing its spread, and the need for better primary care in underserved areas.
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Apr 12, 2021 • 23min

The Long Shadows Cast By Racism

The 1921 Tulsa Race Massacre destroyed an area known as “Black Wall Street,” but its effects were felt more widely than in just Oklahoma. In this episode of EconoFact Chats, Lisa D. Cook of Michigan State University joins Michael Klein to discuss her original research on how the Tulsa Massacre raised questions among African Americans about their equal protection under the law and, as a consequence, how this led to a nationwide falloff in patents awarded to Black inventors.  This represented a loss to these inventors, of course, but also to the economy as a whole. Lisa also discusses her other work on the historical effects of racism. Lisa serves as the Director of the American Economic Association’s summer program to prepare talented undergraduates from underrepresented minorities for doctoral programs in economics. She is member of the Executive Committee of the American Economic Association, and has served on the Council of Economic Advisors in the Obama Administration.
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Apr 5, 2021 • 23min

Should you Care About the Stock Market?

John Campbell of Harvard University and Michael Klein discuss the links between financial markets and the broader economy.
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Mar 21, 2021 • 24min

The Past, Present, and Future of Money

Michael Klein and Ken Rogoff discuss the ways in which large-denomination bills facilitate criminal activity, tax avoidance, and corruption.
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Mar 15, 2021 • 23min

The Politics of Economic Policies

Economists tend to consider public policies from the perspective of efficiency or equity, but do not always consider their political feasibility. However, legislation cannot take effect without the political support required to pass it, no matter how efficient or equitable it may be. In this episode of EconoFact Chats, host Michael Klein, and Jacob Hacker of Yale University discuss the politics behind the enactment, sustainability, and expandability of economic policies, highlighting how concerns of losing existing benefits can sustain a policy, and how existing policies can foster powerful lobbying groups that influence future legislation.

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