If Econs Could Hoop

The New Bazaar | 31 January 2024 | 0h 53m | Listen Later | Podcasts | Spotify
Interview with Tyler Cowen about his generative book GOAT: Who is the Greatest Economist of all Time and Why Does it Matter? Discusses Cowen’s ranking of the great economists, laments what economics used to be, and playfully explores the common traits that define greatness in both basketball and economics by discussing basketball analogs for the great economists and the reverse for basketball’s own GOATs.

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Hoop Dreams of Electric Sheep

The New Bazaar | 3 January 2024 | 1h 00m | Listen Later | Podcasts | Spotify
Interview with Seth Stephens-Davidowitz about his book Who Makes the NBA?: Data-Driven Answers to Basketball’s Biggest Questions. Discusses using AI tools for coding, artwork, copy editing and appendix writing to write the book in just 30 days; the lessons he learned about using AI, and what such accelerated productivity might mean for the future of the labor market; the findings in the book – an investigation into the backgrounds of the basketball players who make it to the NBA and succeed when they get there. Covers how much of success is genetic; what accounts for the NBA’s market failures – the traits of players that get paid too much or too little relative to their contributions; why some foreign countries have astonishing success sending players to the NBA; and whether the choice of college matters for future success. The answers to these questions are surprisingly revealing about the experiences of non-basketball players, and about the relationships between luck, skill, parenting, undiscovered talent, the economy, and other familiar variables.

See also the interview about his book Don’t Trust Your Gut.

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Angus Deaton on Life in America

The New Bazaar | 11 September 2023 | 1h 12m | Listen Later | Podcasts | Spotify
Interview with Angus Deaton about his book Economics in America: An Immigrant Economist Explores the Land of Inequality. Describes his origins in Scotland, his studies at Cambridge, and his decades as an economist. Reflects on a lifetime of practicing economics, and the good and bad of the economics profession. Shares observations about the American economy, his ambivalence towards the US, his adopted country—the many great things, including the lives that he and his family have led – and some of the devastatingly grim things about US life for so many others.

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William Bernstein on Stocks, Bonds, and the Economy

The New Bazaar | 18 July 2023 | 0h 57m | Listen Later | Podcasts | Spotify
Interview with William Bernstein about the second edition of his book The Four Pillars of Investing. Reflects on markets since the first edition two decades ago, what has changed, and what has stayed the same in terms of investing well.

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The Economics of Innovation

The New Bazaar | 18 May 2023 | 1h 11m | Listen Later | Podcasts | Spotify
Interview with Heidi Williams and Caleb Watney about the economics of innovation. Considers the evidence that the Great Stagnation may have ended (increased startups, mRNA vaccines, GPT-4, etc). Discusses policy settings and institutional designs to encourage new technologies and innovations and discusses new ideas for how scientific institutions should approach the process of scientific discovery.

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What Do We Think?

The New Bazaar | 5 August 2022 | 1h 06m | Listen Later | Podcasts | Spotify
Interview with Stefanie Stantcheva about using large and carefully designed online surveys to better understand public opinion. Shares insights on what people think about open trade between countries; inequality, and where people rank by income within their country or economic sector; racial economic disparities; and climate change. Describes how people are divided on some of these issues, for example by partisanship or by class; how they form their views; what they get right and wrong, and why; and how occasionally some people even change their minds when presented with new information.

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Martin Wolf on The Crisis of Democratic Capitalism

The New Bazaar | 3 February 2023 | 0h 59m | Listen Later | Podcasts | Spotify
Interview with Martin Wolf about his book The Crisis of Democratic Capitalism. Argues that the combination of markets-based capitalism and liberal democracy is fragile and under threat from within. Sets out what should be done to confront this crisis of democratic capitalism, what a “New New Deal” can look like, the threat (and opportunity) of China as a global superpower, and how his personal history influenced his values and thinking.

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Artificial Intelligence and the Economy of the Future

The New Bazaar | 20 December 2022 | 1h 08m | Listen Later | Podcasts | Spotify
Interview with Avi Goldfarb about his book Power and Prediction: The Disruptive Economics of Artificial Intelligence, co-authored with Ajay Agrawal and Joshua Gans. Discusses why AI is best understood as a “prediction technology”; examples of AI already in use; which parts of the economy could be transformed by AI, and how; historical analogies to previous eras of widespread technological disruption; how AI will change the way people and companies make decisions; why this change will shift institutions away from blunt rules and towards individual discretion; who will gain and who will lose in the labour market from the adoption of AI; and what the use of AI might teach us about what it means to be human.

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