The New Bazaar

By Bazaar Audio

Society & Culture Business

What's The New Bazaar about?

The economy has a funny way of affecting everything we do and what we value. Through long-form interviews with economists, policymakers and other guests, The New Bazaar explores how the economy is constantly altering the way we live -- and how our choices in life are reflected back into the economy. Hosted by Cardiff Garcia and produced by Aimee Keane, The New Bazaar is a production of Bazaar Audio.  Hosted on Acast. See acast.com/privacy for more information.

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LAST EPISODE

A glimpse inside Biden’s CEA

11.11.2023

Martha Gimbel and Gopi Shah Goda were formerly economists within the White House Council of Economic Advisors, or CEA. They look back on their time inside an important economic policymaking institution, telling Cardiff about: Their favorite projectsToughest assignmentsThe relationship between ...

The New Bazaar episodes:

11.11.2023 A glimpse inside Biden’s CEA Martha Gimbel and Gopi Shah Goda were formerly economists within the White House Council of Economic Advisors, or CEA. They look back on their time inside an important economic policymaking institution, telling Cardiff about: Their favorite projectsToughest assignmentsThe relationship between ...
09.11.2023 Angus Deaton on life in America Angus Deaton—Scottish immigrant, Nobelist, and one of Cardiff's favorite economists—has written a new, forthcoming book titled Economics in America: An Immigrant Economist Explore the Land of Inequality. It’s great, if also hard to categorize. Partly it’s a memoir, about his ...
08.29.2023 Malcolm Gladwell's Next Chapter Last summer, Cardiff interviewed Malcolm Gladwell for another podcast that he hosts called The Next Chapter, by American Express Business Class. On that show, Cardiff interviews bestselling book authors (like Gladwell) to find out what they’ve been up to since ...
08.10.2023 How Vince McMahon built an entertainment empire We're sharing another episode of a podcast we think you might like. It's called The Closer and it's hosted by executive producer of The New Bazaar, Aimee Keane. In each episode, Aimee speaks to dealmakers and insiders about landmark financial ...
07.18.2023 William Bernstein on stocks, bonds, and the economy These are confusing times for the economy and for financial markets—and for the relationship between the economy and financial markets. At the moment the economy is doing well. The labor market is still creating hundreds of thousands of jobs each ...
05.18.2023 The economics of innovation Within economics, there's a semi-famous quote from the economist Paul Krugman: “Productivity isn't everything, but in the long run, it's almost everything.” Krugman’s point is that ultimately, how much productivity climbs each year—roughly speaking, how much more efficient an economy’s ...
03.15.2023 Inside Facebook's biggest acquisition We're sharing a special episode of a podcast we think you might like. It's called The Closer and it's hosted by executive producer of The New Bazaar, Aimee Keane. In each episode, Aimee speaks to dealmakers and insiders about landmark ...
02.03.2023 How to save democratic capitalism The combination of a markets-based capitalist economy and a liberal democracy with almost-universal suffrage is very young, having existed for barely more than a century. But what we’ve learned in that short time is that there has never been a ...
12.26.2022 Macro Musings with David Beckworth This is a special episode from the podcast Macro Musings, hosted by economist David Beckworth. David interviews Cardiff along with Heather Long of the Washington Post and Ryan Avent of The Economist about their reflections on the last three years. ...
12.20.2022 Artificial intelligence and the economy of the future Joining Cardiff for this episode is Avi Goldfarb, Rotman Chair In Artificial Intelligence and Healthcare At The Rotman School Of Management, University Of Toronto, and the co-author (with his fellow economists Ajay Agrawal and Joshua Gans) of an excellent new ...
10.07.2022 160 years of the racial wealth gap This is a special, between-the-seasons episode of the New Bazaar. Right now, the white-to-black wealth ratio in the United States is roughly 6 to 1. Which means that when you add up all the wealth that someone can own—their cash, ...
08.05.2022 What do we think? This is the 50th (!) episode of The New Bazaar, and the Season 1 Finale. Cardiff and Aimee are planning to launch Season 2 later in the fall, and even before then will be airing a few surprise bonus episodes ...
07.28.2022 The moral consequences of economic growth, revisited Benjamin Friedman is an economist and the author of The Moral Consequences of Economic Growth (2005) and Religion and the Rise of Capitalism (2021). He joins Cardiff to revisit the ideas in Moral Consequences, one of Cardiff’s favorite economics books, ...
07.26.2022 Upending Wall Street Dakin Campbell is the chief finance correspondent at Insider and, full disclosure, Cardiff's close friend. He joins Cardiff on the show to discuss his new book, “Going Public: How Silicon Valley Rebels Loosened Wall Street’s Grip on the IPO and ...
07.15.2022 Inflation: a guide for the perplexed Here are three things to know about inflation. First, according to a survey of public opinion by Pew Research taken in May, the public views inflation is the single biggest problem facing the country. And—this is a direct quote from ...
07.07.2022 Your questions, answered! Cardiff and Aimee answer your questions about markets, the economy, the first season of the podcast and our company, Bazaar Audio. Go to bazaaraudio.com to find the full list of recommended links from the episode. Hosted on Acast. See acast.com/privacy ...
06.30.2022 The hopeful, undetermined future of remote work This episode is all about remote wok. (Or as it is also sometimes known, telework, or telecommuting, or just working from home.) The trend towards remote work has accelerated a lot during the Covid pandemic, as is clear in the ...
06.23.2022 The life and work of Leonard Wantchekon As a young man in his native Benin, Leonard Wantchekon was arrested for leading a student uprising against the repressive government, tortured in prison, and 18 months later escaped from prison into Nigeria. Nearly four decades later, he is now ...
06.16.2022 How monetary policy works (and doesn't) Skanda Amarnath is the executive director of Employ America, an organization that advocates for strong labor markets. He recently published a research note titled "What Are You Expecting? How The Fed Slows Down Inflation Through The Labor Market", in which ...
06.08.2022 An economy for everyone Martin Sandbu is European Economics Commentator at the Financial Times, where he also writes Free Lunch, a weekly newsletter about global economic policy. And he’s the author of The Economics of Belonging: A Radical Plan to Win Back the Left ...
06.02.2022 Shattering immigration myths Economic historian Leah Boustan joins Cardiff to discuss her new book, "Streets of Gold: America's Untold Story of Immigrant Success", co-authored with Ran Abramitsky. This wonderful book complicates and in some cases contradicts many of the prevailing myths and impressions ...
05.26.2022 The economy in one (more) episode Matt Klein, co-author of "Trade Wars are Class Wars" and old friend of the show, returns for another special collaborative episode. Matt writes the excellent Overshoot newsletter, where he is posting additional commentary and charts to accompany this chat with ...
05.19.2022 Finance portrayed in arts and culture Mary Childs—author of The Bond King, cohost of the Planet Money podcast, and dear pal of Cardiff and Aimee—joins The New Bazaar to discuss how finance is portrayed in culture and the arts. Mary is both a finance journalist and ...
05.12.2022 What Neoliberalism Means Now Cardiff speaks with Jeremiah Johnson, the co-founder and political director of The Neoliberal Project, to discuss the historical evolution of what it means to be Neoliberal, and why advocates and critics of Neoliberalism so often talk past each other. Jeremiah ...
05.05.2022 When innovation arrives too early This week, we're sharing an episode from our friends over at Cautionary Tales. On the show, Tim Harford tells tragic stories from the past, pointing out the valuable lessons in the greatest mistakes, disasters and fiascos. This episode tells the ...
04.28.2022 When the economics is personal Jose Fernandez, chair of the economics department at the University of Louisville, has an unusually eclectic body of work. He speaks with Cardiff about his findings on topics like autism, suicide, and health. They also discuss how he has navigated ...
04.21.2022 How to fix the housing market Jenny Schuetz is a scholar of the housing market, and a senior fellow at the Brookings Institution. She has a new book out called Fixer-Upper: How to Repair America's Broken Housing System. In her research and in her book, Jenny ...
04.14.2022 The power of glamour Glamour is a misunderstood concept. A lot of people associate it with glossy pictures of movie stars and celebrities in ritzy settings, or with other concepts like charisma or dazzle. Glamour is something a little different. It’s mysterious and concealing. ...
04.07.2022 Hollywood, China: an epic of globalization Erich Schwartzel joins Cardiff to discuss his new book, "Red Carpet: Hollywood, China, and the Global Battle for Cultural Supremacy". For the past couple of decades, the emergence of a huge middle class in China has become an incredibly attractive, ...
03.31.2022 The strange past and unsettled future of money Jacob Goldstein, author of "Money: The True Story of a Made-up Thing" and host of the new podcast "What's Your Problem?", joins Cardiff to discuss the surprising origins of money, and why now is a great time to start a ...
03.17.2022 The intangible economy Today’s episode is about something you might have noticed just by looking around you. Especially if you’re old enough. The economy has been shifting away from the material and towards the intangible -- things like data, design, personality, research, ways ...
03.10.2022 Understanding crypto At first it was just Bitcoin. Now when someone refers to crypto, they might be talking about ethereum, NFTs, ICOs, smart contracts, DAOs, and a whole bunch of other technologies too numerous to mention. Stacy-Marie Ishmael, managing editor for crypto ...
03.03.2022 Energy markets in turmoil John Kemp is senior market analyst at Reuters, where he specializes in oil and energy systems. Having covered these systems for the past quarter-century, John now publishes a newsletter, which happens to be Cardiff's favorite way to keep up with ...
02.24.2022 A Wall Street casino heist Max Frumes and Sujeet Indap are the authors of the book The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street. And the story they tell in the book is ...
02.17.2022 The housing dilemma Logan Mohtashami is the lead analyst at Housingwire, where he writes about the housing market and the US economy. And before that, he spent a few decades as a senior lending officer at a real estate company. Well before the ...
02.10.2022 The borders between us Tara Watson is an economist and the co-author, with Kalee Thompson, of a new book, “The Border Within: The Economics of Immigration in an Age of Fear”. The "border within" refers to how immigration laws are applied to undocumented residents ...
02.03.2022 Tech we want but don't deserve Shira Ovide writes the excellent On Tech newsletter at the New York Times. On this episode of The New Bazaar, Shira tells Cardiff about the technology she wants to see in 2022, and whether the potential for technology to better ...
01.27.2022 Markets, growth, and the arts More than two decades ago, economist Tyler Cowen published "In Praise of Commercial Culture" -- his first in a series of books about the relationship between the economy and culture. The book's thesis was simple, but at the time controversial ...
01.20.2022 The monopoly on MONOPOLY This week, we're sharing a special episode of a podcast we think you might like. It's called Cautionary Tales, and it's made by Tim Harford and the team at Pushkin Industries. You may remember Tim from our recent episode on ...
01.13.2022 Trust me, I’m an economist Ben Ho’s latest book is called Why Trust Matters: An Economist’s Guide to the Ties that Bind. His chat with Cardiff is about exactly that: How the concept of trust applies to all kinds of different economic interactions that we ...
12.30.2021 Listener Q&A episode To wrap up 2021, The New Bazaar answers questions sent in by listeners. The episode also features, for the first time in front of the mic, executive producer Aimee Keane! Aimee and Cardiff take questions about pricing strategies, how they ...
12.24.2021 BONUS: Three econ stories Having guided Cardiff through the craft of economic storytelling in the prior episode, Tim Harford returns to explain the lessons of three economic stories from his own podcast, Cautionary Tales. Links: -- "The Truth about Hansel and Gretel" -- "Buried ...
12.23.2021 The craft of economic storytelling Tim Harford is the author of numerous terrific economics books and the host of two great podcasts: “Cautionary Tales”, about what we should learn from big mistakes; and “More or Less”, about statistics. He also writes columns and essays for ...
12.16.2021 How we choose Vicki Bogan is an economist who specializes in financial economics, household finance, and behavioral finance – in other words, a specialist in how people make investment decisions. Whether to invest in the stock market or the bond market; how much; ...
12.09.2021 A hopeful vision of work The labor market is in a weird place -- millions of fewer workers are employed than before the pandemic, yet millions of more jobs are available and wages are climbing fast. But there has been a lot of experimentation. Workers ...
12.02.2021 MMA and the business of America If you look at some of the big and mostly troubling economic trends in the overall US economy from the last three or four decades, the business of the sport of Mixed Martial Arts captures a stunning number of them: ...
11.24.2021 Cogs and monsters and economists, oh my! Economists don’t just try to understand the economy. They also influence it. Because as they share their analysis and understanding of it, people and institutions and companies and politicians start to act differently -- precisely in response to that understanding ...
11.18.2021 The econ fight inside the Right At least rhetorically, the politically conservative approach to economics was once associated with lower taxes, deregulation of the economy, cutting government spending, free trade and cutting the budget deficit (In reality, what conservatives have actually done when they have been ...
11.11.2021 The economy in one episode For this special collaborative episode of The New Bazaar, Cardiff has teamed up with his friend and former colleague Matt Klein, who writes The Overshoot newsletter. Matt and Cardiff spend the episode carefully -- and without jargon -- walking listeners ...
11.04.2021 Mortality and the economy Anne Case and Angus Deaton are the authors of the book Deaths of Despair -- which is also a phrase that refers to the combination of deaths resulting from three causes: suicide, drug overdose, and alcohol. An epidemic of these ...

Older episodes

The New Bazaar

What's The New Bazaar about?

Download our free app to listen on your phone

The New Bazaar episodes:

A glimpse inside Biden’s CEA

Angus Deaton on life in America

Malcolm Gladwell's Next Chapter

How Vince McMahon built an entertainment empire

William Bernstein on stocks, bonds, and the economy

The economics of innovation

Inside Facebook's biggest acquisition

How to save democratic capitalism

Macro Musings with David Beckworth

Artificial intelligence and the economy of the future

160 years of the racial wealth gap

What do we think?

The moral consequences of economic growth, revisited

Upending Wall Street

Inflation: a guide for the perplexed

Your questions, answered!

The hopeful, undetermined future of remote work

The life and work of Leonard Wantchekon

How monetary policy works (and doesn't)

An economy for everyone

Shattering immigration myths

The economy in one (more) episode

Finance portrayed in arts and culture

What Neoliberalism Means Now

When innovation arrives too early

When the economics is personal

How to fix the housing market

The power of glamour

Hollywood, China: an epic of globalization

The strange past and unsettled future of money

The intangible economy

Understanding crypto

Energy markets in turmoil

A Wall Street casino heist

The housing dilemma

The borders between us

Tech we want but don't deserve

Markets, growth, and the arts

The monopoly on MONOPOLY

Trust me, I’m an economist

Listener Q&A episode

BONUS: Three econ stories

The craft of economic storytelling

How we choose

A hopeful vision of work

MMA and the business of America

Cogs and monsters and economists, oh my!

The econ fight inside the Right

The economy in one episode

Mortality and the economy