The Marginal Revolution Podcast
Mercatus Center at George Mason University
Marginal Revolution has been one of the most influential economics blogs in the world for over two decades thanks to its sharp economic analysis and thought-provoking ideas. Now, co-creators Alex Tabarrok and Tyler Cowen are bringing their nerdy winsomeness to your earbuds. Each episode features Alex and Tyler drawing on their decades of academic expertise to tackle whatever economic idea is currently tickling their noggins.
Episodes
Mentioned books
Oct 22, 2024 • 46min
Oil Shocks, Price Controls, and War
The discussion dives into the seismic oil price shocks of the 1970s that transformed global markets and U.S. energy policy. Experts analyze the rise of alternative energy and the lasting impact of price controls, as well as the role of OPEC and the Yom Kippur War. There's a fascinating look at how these events shaped Milton Friedman's economic theories amid rampant inflation. The conversation highlights the cultural shifts during the oil crises, showing the societal effects of long gas lines and resource misallocation.
22 snips
Oct 8, 2024 • 39min
The Economics Nobel: Predictions, Missed Opportunities, and Questionable Winners
This discussion dives into predictions for the upcoming Nobel Prize in economics. Potential winners like Michael Woodford and Susan Athey are highlighted, alongside overlooked contenders. The talk shifts to the essential role of data creators and even considers non-traditional nominees from the cryptocurrency world. Reflecting on missed opportunities and questionable past winners adds depth to the conversation. With AI's rise, the future of economic modeling and recognition in the field takes center stage.
Sep 20, 2024 • 35min
1970s Inflation: The Economic Fever That Changed America
Explore the ins and outs of 1970s inflation, a period marked by economic chaos and political shifts. Delve into the debates around Keynesian policies and the collapse of the gold standard. Discover how the Federal Reserve's independence shaped inflation control while facing energy shocks and global competition. Examining the cultural backdrop adds depth to the economic discussion, drawing intriguing parallels to today's inflationary landscape. Expect lively critiques and thought-provoking insights into how past policies inform current financial challenges.
