The Measure Of A Tragedy

The Indicator from Planet Money | 27 August 2018 | 0h 09m | Listen Later  | iTunes
The Venezuelan economy has collapsed after years of economic mismanagement and a deepening political crisis. Harvard-based Venezuelan economist, Ricardo Hausmann, has developed an indicator that captures the scale of the economic catastrophe.

Michelle Baddeley on Social Herding

Social Science Bites | 2 February 2017 | 0h 15m | Listen Later  | iTunes
Interview with economist Michelle Baddeley discussing social herding, which often follows from an information imbalance, real or perceived, in which a person follows the wisdom of crowds. Touches on finance, neuroeconomics, groupthink, reputation and safety in numbers.

The Math Wizard Who Became a Customer Loyalty Scheme Guru

FT Alphachat | 14 December 2018 | 0h 49m | Listen Later  | iTunes
Interview with economist Gary Loveman, who went from Harvard economist to Harrah’s gambling chain CEO to health insurer CEO. Insights on using data science for better decision making, understanding what customers value to drive loyalty, and aligning incentives in health care.

Should America Be Run by … Trader Joe’s?

Freakonomics Radio | 29 November 2018 | 0h 47m | Listen Later  | iTunes
Examines the role of choice architecture, efficiency, frugality, collaboration, and culture in Trader Joe’s success. Debunks standard marketing fluff: brands, advertising, social media, coupons and loyalty schemes.

Caste in Modern India

The Seen and the Unseen | 22 January 2018 | 1h 10m | Listen Later  | iTunes
Interview with Shruti Rajagopalan, who applies an economist’s perspective to understanding the persistence of caste in India. Frames caste as a problem of economic freedom, perpetuated by a cultural focus on villages, ameliorated by faster urbanisation.

Why Minsky Matters

Analysis | 24 March 2014 | 0h 28m | Listen Later  | iTunes
Backgrounds the ideas of economist Hyman Minsky, who argued that in the good times the seeds of the next crisis are sown as the financial sector engages in riskier and riskier lending in pursuit of profit. Considers what his ideas suggest about the response to the 2008 crisis and current policies. Asks whether mainstream economics has done enough to respond to its failure to predict the crisis and the challenge posed by Minsky’s ideas.

Ireland: Austerity Poster Child

FT Alphachat | 15 June 2017 | 0h 58m | Listen Later  | iTunes
Fascinating insights on Ireland’s recession. Explains that the openness of Ireland’s economy, with relatively large imports and exports as a share of the economy, was more determinative of the shape of the recession than decisions around the extent of austerity. Lessons for New Zealand given the parallels including overseas borrowing pushing up property prices.

Understanding the North Korean Economy

FT Alphachat | 16 February 2018 | 1h 01m | Listen Later  | iTunes
Marcus Noland, economist and executive vice president of the Peterson Institute for International Economics, explains the North Korean economy, which is not entirely the communist museum piece we commonly think. Describes the bottom-up emergence of market processes in response to the failure of state institutions.