Economic Rockstar

Professor Glenn Hubbard is an American economist and academic. He is currently the Dean of the Columbia University Graduate School of Business, where he is also Russell L. Carson Professor of Finance and Economics.

On September 13, 2018 he announced that he would not seek another term in his position as Dean after having served out his current term which ends on June 30, 2019. 

Glenn previously served as Deputy Assistant Secretary at the U.S. Department of the Treasury from 1991 to 1993, and as Chairman of the Council of Economic Advisers from 2001 to 2003.

Professor Hubbard is a Visiting Scholar at the conservative American Enterprise Institute, where he studies tax policy and health care.

Check out the show notes page at www.economicrockstar.com/glennhubbard

This is an excerpt from a previous conversation that I had with Professor Stephen Wright but was unreleased at the time.

We felt it appropriate that it should be released at a time if I ever spoke to Professor Wendy Carlin. This day is coming and now this part of my conversation with Stephen can be released.

Check out the links over at www.economicrockstar.com/coreecon.

Visit www.core-eco.org to access this amazing website.

This is a reflection on some episodes from 2018. The themes I have chosen looks at growing up in the Great Depression and what to expect in the future with AR and AI, as well as Institutions, Individualism, Cooperation and Reciprocity.

Featured episodes are: 123 Vernon Smith on his early childhood years during the Great Depression and how they survived by moving to live on a farm before losing it all, his mother as a socialist and who she voted for in the Presidential elections in 1919 when women were first given the right to vote in the US.

162 Jennifer Burns on Ayn Rand's views on Capitalism, Communism and Christianity and why the individual is better that the collective, the virtues of selfishness, hippies in the 1960s, Objectivism, Existentialism and Nietzche.

147 Ngaio Hotte on Elinor Ostrom’s work on collective action and cooperation to reach mutually beneficial outcomes and how this can relate to natural resource problems as well as Ostrom’s observation of reciprocity in Game Theory.

135 David Zetland on group cooperation to protecting public goods such as the water supply and the environment and how cooperation rewards and benefits groups.

168 Harry Markowitz on growing up with the family grocery store during the Great Depression in an upper middle-class area, using the museums and libraries of Chicago as a teen, Darwin’s ‘Origin of Species’ as an influence and how reading the great philosophers and his self-study of the physical sciences helped with his placement at the University of Chicago.

125 Eugene Fama on his early academic year to the development of the Efficient Market Hypothesis as well as the Benoit Madlebrot's discovery of Louis Bachelier's paper 167 James Kenneth Galbraith on the influences of his father John Kenneth Galbraith on his own academic work in economics and the significance or lack of significance of economics in academia today.

136 Abby Hall on the growth of big government since 9/11 and the militarisation of the domestic police force in the US from the creation of the first US SWAT team during the US occupation of the Philippines in 1898.

149 Soumaya Keynes on why trade should not be blamed for the loss of jobs, the Economic Consequences of Our Grandchildren by Soumaya’s great grand uncle John Maynard Keynes, trade blocs in the 1930s compared to todays global trading systems to remove barriers and maintain peace.

156 Peter Boettke on how F. A. Hayek developed his interest in economics through the Viennese culture and the intellectual hubs which were based on law, philosophy and politics and the mentors he encountered as well as Hayek’s observations of the nature of macro volatility, the growth of government, technology and inhumanity during his life.

163 Kevin Kelly on technology of the future such as AI and AR to help to quantify and track our movements and expressions to help with our decision-making.

Best of 2018 Part 1

Excerpts from the following episodes feature in this 'Best of 2018 Part1'.

170 Jim Rogers on opportunities in Kazakhstan, Uzbekistan, Venezuela and North Korea

139 Loretta Napoleoni North Korea growth prospects and how they can position themselves in the world economy

155 Lotta Moberg Refugee Cities and SEZs

167 James Kenneth Galbraith on the prospects for the Greek economy

150 Chris Blattman the economic and psychological effects of violence and war esp among children and in communities

169 Jennifer Murtazashvili democrarcy and governance in Afghanistan and the leadership role of women in communities in Uzbekistan

145 Marie Mora Under-represented minority women in economics and the plight of Puerto Ricans in the US

161 Tyler Cowen on art, culture, liberty and prospects of economic growth and welfare in the US, China and India

160 Arjo Klamer  Culture (Japan) and Writing as a means to create personal value

153 Sarah and Steve Writing

Jennifer Murtazashvili is professor and director of the International Development Program at the Graduate School of Public and International Affairs at the University of Pittsburgh.

Her research explores questions of governance, public administration, and local institutions with a geographical focus on Central and South Asia and the former Soviet Union.

Jennifer’s first book, Informal Order and the State in Afghanistan, was published by Cambridge University Press in 2016.

Check out the links, books and resources mentioned in this episode over at www.economicrockstar.com/jennifer

Support the show for as little as $1 per month over at www.patreon.com/economicrockstar

Dr. Harry Markowitz is the principal of Markowitz Company, and an adjunct professor at the Rady School of Management, UCSD.

Harry has applied computer and mathematical techniques to various practical decision making areas.

In recognition of his work, Harry received the 1989 Von Neumann Award from the Operations Research Society of America for his work on portfolio theory, sparse matrix techniques and the SIMSCRIPT simulation programming language.

In 1990 he shared The Nobel Prize in Economics for his work on portfolio theory.

Check out www.economicrockstar.com/harrymarkowitz for links, books and resources mentioned in this episode.

Support the show for as little as $1 per month over at www.patreon.com/economicrockstar

In this episode with Naomi Brockwell, we discuss bitcoin, blockchain and initial coin offerings (ICOs).

This is our second conversation - 4 years on from our first back in 2014.

Check out the links at www.economicrockstar.com/naomi

Support the podcast at www.patreon.com/economicrockstar

Enjoy!

Stephen Wright is Professor of Economics at Birkbeck College, University of London, UK.

Previously Professor Wright worked at the Bank of England and Cambridge University.

He is co-author of 'Valuing Wall Street: Protecting Wealth in Turbulent Times' - an informative book published in 2000 warning of the high valuation placed on stocks at that time.

In this episode we discuss his work on valuing the stock market using a variant of Tobin's q - a valuation method put forward by the late James Tobin (Nobel Prize in Economics, 1981).

Check out the show notes for all links, books and resources over at www.economicrockstar.com/stephenwright

Support the podcast on Patreon for as little as $1 per month: www.patreon.com/economicrockstar

Nicholas Gruen is CEO of Lateral Economics and is a widely published policy economist, entrepreneur and commentator.

In this episode Professor Gruen discusses the need for reform in economics at both academic and policy level.

He also explains the importance of information and how information is poorly managed at the central planning stage but can be used effectively under the right direction if this information or data can be shareable both from the private and the public sector.

Check out the episode at www.economicrockstar.com/nicholasgruen

Support the show from as little as $1 per month over at www.patreon.com/economicrockstar

Kevin Kelly is cofounder of Wired Magazine and former editor of The Whole Earth Review.

He is considered a futurist and has written a number of books identifying technological trends and innovations, including his most recent book The Inevitable: Understanding the 12 Technological Forces That Will Shape Our Future.

Check out the episode at www.economicrockstar.com/kevinkelly or watch it over on the Economic Rockstar YouTube channel.

Support the podcast at www.patreon.com/economicrockstar for as little as $1 a month