
Neil Mahoney
Stanford economist and researcher on the 'annoyance economy'; interviewed in this episode about the economic costs of time and friction from spam, hidden fees, and customer-service hassles.
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Feb 18, 2026 • 25min
Immigration and job growth are linked, Fed says
Lindsay Ellis, WSJ workplace reporter, discusses reverse recruiters, job search trends, and AI in hiring. Neil Mahoney, Stanford economist, explores the costly “annoyance economy” of spam, fees, and friction. Elizabeth Troval, energy reporter, breaks down why California gas stays pricey. Nova Safo, labor reporter, explains the San Francisco Fed finding that immigration flows and job growth move together.

Feb 18, 2026 • 25min
Immigration and job growth are linked, Fed says
Neil Mahoney, a Stanford economist studying the cost of hassles, Elizabeth Troval, an energy reporter explaining regional fuel drivers, and Nova Safo, a correspondent on immigration and labor, discuss immigration slowdowns linked to local job growth. They also cover which industries are affected, California’s high gas prices, and the economic toll of paperwork and spam.


