EconTalk

Russ Roberts
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Apr 14, 2014 • 1h 2min

Steven Teles on Kludgeocracy

Steven Teles of Johns Hopkins talks with EconTalk host Russ Roberts about kludgeocracy, a term Teles coined in a National Affairs article to describe what Teles sees as the complex and unproductive state of political governance in the United States, particularly at the federal level. Teles argues that various rules and procedures in the Senate and the House allow politicians to slow down legislation in return for favors. Teles argues that both liberals and conservatives have an incentive to favor more transparency and a more streamlined governing process that would get things done.
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Apr 7, 2014 • 1h 3min

Bryan Caplan on College, Signaling and Human Capital

Bryan Caplan, Professor of Economics at George Mason University, challenges the belief that college students are more valuable due to technological advancements. He discusses the puzzle of low graduation rates despite increasing returns to graduating. Caplan explores the misinterpretation of graduation rates and the role of choice of major in determining earnings. He questions the necessity of spending years in college to prove one's worth as a worker and discusses the influence of government subsidies on education. Caplan argues against increasing subsidies, as the return on education is not high for marginal students.
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Mar 31, 2014 • 1h 1min

John Cochrane on Education and MOOCs

John Cochrane of the University of Chicago talks to EconTalk host Russ Roberts about the experience of teaching a massive open online course (MOOC)--a class delivered over the internet available to anyone around the world. Cochrane contrasts the mechanics of preparing the class, his perception of the advantages and disadvantages of a MOOC relative to a standard in-person classroom, and the potential for MOOCs to disrupt traditional education.
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Mar 24, 2014 • 1h 5min

John Christy and Kerry Emanuel on Climate Change

John Christy of the University of Alabama in Huntsville and Kerry Emanuel of the Massachusetts Institute of Technology talk with EconTalk host Russ Roberts about climate change. Topics discussed include what we know and don't know about global warming, trends in extreme weather such as hurricanes, rising sea level, the likely change in temperature in the next hundred years. Both scientists also give their perspective on what policies might be put in place to reduce risk from climate change. This episode was recorded before a live audience at the College of Business Administration at the University of Alabama in Huntsville.
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Mar 17, 2014 • 1h 24min

Jeffrey Sachs on the Millennium Villages Project

Jeffrey Sachs of Columbia University and the Millennium Villages Project talks with EconTalk host about poverty in Africa and the efforts of the Millennium Villages Project to fight hunger, disease, and illiteracy. The project tries to achieve the Millennium Development Goals in a set of poor African villages using an integrated strategy fighting hunger, poverty, and disease. In this lively conversation, Sachs argues that this approach has achieved great success so far and responds to criticisms from development economists and Nina Munk in her recent EconTalk interview.
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Mar 10, 2014 • 1h 9min

Richard Epstein on Classical Liberalism, Libertarianism, and Lochner

Richard Epstein, of New York University and Stanford University's Hoover Institution, talks with EconTalk host Russ Roberts about the differences between classical liberalism and hard-line libertarianism. What is the proper role of the state? Topics discussed include the Constitution, prudent regulation, contract enforcement, intellectual property, and the Supreme Court case, Lochner vs. NY.
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Mar 3, 2014 • 1h 13min

Moises Velasquez-Manoff on Autoimmune Disease, Parasites, and Complexity

Moises Velasquez-Manoff, author of An Epidemic of Absence, talks with EconTalk host Russ Roberts about his book--a discussion of why allergies and autoimmune diseases have been on the rise in the developed world for the last half-century. Velasquez-Manoff explores a recent hypothesis in the epidemiological literature theorizing the increase is a response to the overly hygienic environment in rich countries and the absence of various microbes and parasites. Velasquez-Manoff also considers whether reintroducing parasites into our bodies can have therapeutic effects, a possibility currently under examination through FDA trials. The conversation continues a theme of EconTalk--the challenge of understanding causation in a complex world.
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Feb 24, 2014 • 1h 5min

Robert Frank on Coase

Robert Frank of Cornell University talks with EconTalk host Russ Roberts about the implications of Ronald Coase's views on externalities. Drawing on his book, The Darwin Economy, Frank explores the implications of Coase's perspective for assessing public policy challenges where one person's actions affect others. Examples discussed include pollution, cigarette smoking and related issues.
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6 snips
Feb 17, 2014 • 1h 17min

Charles Calomiris and Stephen Haber on Fragile by Design

Charles Calomiris of Columbia University and Stephen Haber of Stanford University, co-authors of Fragile by Design: The Political Origins of Banking Crises and Scarce Credit, talk with EconTalk host Russ Roberts about their book. The conversation focuses on how politics and economics interact to give some countries such as Canada a remarkably stable financial system while others such as the United States have a much less stable system. The two authors discuss the political forces that explain the persistence of seemingly bad financial regulation. The conversation includes a discussion of the financial crisis of 2008.
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Feb 10, 2014 • 1h 3min

Paul Sabin on Ehrlich, Simon and the Bet

Paul Sabin of Yale University and author of The Bet talks with EconTalk host Russ Roberts about his book. Sabin uses the bet between Paul Ehrlich and Julian Simon--a bet over whether natural resources are getting scarcer as population grows--as a lens for examining the evolution of the environmental movement and its status today. Sabin considers the successes and failures of the movement and the challenges of having nuanced public policy discussions on issues where both sides have passionate opinions.

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