Economic Rockstar

Economic Rockstar

By Frank Conway - Economics and Finance Lecturer - interviews Dan Ariely, DeirBusinessEducationInvesting
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Economic Rockstar episodes

  • 052: Alex Tabarrok on Globalisation, Bounty Hunters and Leveraging Online Education

    Alex Tabarrok is Associate Professor of Economics at George Mason University and co-founder (with Tyler Cowen) of Marginal Revolution University, an online platform for learning economics.

    Alex is a TED speaker with over 640,000 views of his TED talk, How Ideas Trump Crises.

    In this episode, you will learn:
    • how to ensure that criminals turn up of trial and to reduce the possibility of them becoming a fugitive.
      • why bounty hunters and bail bondsmen are best for the taxpayer.
        • why bounty hunters invited Alex Tabarrok to join them in a bounty hunt.
          • why a mother’s signature on a bail bond is the most effective way of making sure a criminal repays its  due.
            • how the terror alert level results in an increase in police presence and results in a decrease in local crime.
              • whether the best teachers have a positive impact on the future earnings of their students.
                • if a country can have a welfare state and open borders.
                  • why immigrants to the United States are the most entrepreneurial.
                    • what Marginal Revolution University is about and who it’s for.
                      • how to leverage the best teachers and leverage their experience.
                        • how artificial intelligence and computer adaptive learning programmes will be the next wave of teaching and learning.
                          • and much more.
                            • Check out the shownotes and all of the books and resources mentioned in this episode at www.economicrockstar.com/alextabarrok
                              • Subscribe to the Economic Rockstar podcast on iTunes and never miss an episode.
                              •  

                                 

                                59 min
                              • 051: Eyal Winter on How Excessive Giving Ensures the Survival of the Human Race and on the Beautiful Mind of John Nash

                                Eyal Winter is the Silverzweig Professor of Economics at the Hebrew University and Economics Professor at Leicester University.

                                He is a member and a former director of the Center for the Study of Rationality, an elected council member of the International Game Theory Society and an elected fellow of the Economic Theory Society.

                                Eyal was awarded the Humboldt Prize for excellence in research by the German government in 2010. He has presented his work in more than 120 research institutes in 26 countries around the world including Harvard, Stanford, Princeton, Berkeley, Cambridge, and Oxford.

                                Eyal's book Feeling Smart: Why our Emotions are More Rational Than We Think was published in January 2015.

                                Eyal graduated from the Hebrew University of Jerusalem in Mathematics, Statistics and Economics before going on to study his doctorate in Game Theory.

                                In this episode you will learn:

                                • if there is a link between game theory and behavioral economics.
                                  • how the perceptions of human behaviour vary greatly across all disciplines.
                                    • if there is a need to have divisions in universities regarding the disciplines being taught.
                                      • how we can use emotion in a strategic way to make us better off.
                                        • why human evolution has not removed emotion if it’s considered a hindrance in economics.
                                          • the importance of training your rationality and emotions to work together.
                                            • why you should look at something from an outsiders perspective when dealing with an emotional situation.
                                              • how anger can be an emotion that can make you financially better off.
                                                • why love, empathy and sympathy can make you better-off in the way how other people treat us.
                                                  • what Eyal Winter means when he says that there is logic in emotion and emotion in logic.
                                                    • why it was fascinating yet frustrating for Eyal Winter when he met John Nash.
                                                      • and much much more.
                                                        • Check out the shownotes page at www.economicrockstar.com/eyalwinter
                                                        •  

                                                          • Subscribe on iTunes and never miss an episode.
                                                          • 55 min
                                                          • 050: Dan Ariely on Irrational Behavior and the Importance of Our Environment When Making Decisions

                                                            Dan Ariely is Professor of Psychology & Behavioral Economics at Duke University in North Carolina. Dan’s interests span a wide range of behaviors, and his sometimes unusual experiments are consistently interesting, amusing and informative, demonstrating profound ideas that fly in the face of common wisdom.

                                                            Dan is the author of the New York Times bestsellers Predictably Irrational, The Upside of Irrationality, and The Honest Truth About Dishonesty and his latest book Irrationally Yours is now available.

                                                            Dan received a B.A in Psychology from Tel Aviv University, an M.A and PhD in Cognitive Psychology from University of North Carolina and another PhD in Business Administration from Duke University.

                                                            In this episode you will learn:

                                                            • about Dan Ariely’s traumatic experience resulting in severe burns.
                                                              • how Dan found his love for psychology and behavioral economics.
                                                                • why Dan will not be teaching his Irrational Behavior course on Coursera.
                                                                  • the problems with MOOCs like Coursera and why it is making the wrong choice regarding its open platform system.
                                                                    • why Dan was turned down for his first book - a cookbook and what advice he was given by a publisher.
                                                                      • why we as humans make very costly mistakes and what we can do about it.
                                                                        • how people eat more than they realise and how experiments in economics have shown this.
                                                                          • why we are bad at doing things that makes us happy.
                                                                            • the most common mistake companies make when making decisions or processing information.
                                                                              • if anger is a good or bad emotion.
                                                                                • the most surprising finding from Dan Ariely’s research.
                                                                                  • the most surprising question put to Dan in his Ask Ariely column.
                                                                                    • how your environment matters when making decisions.
                                                                                      • and much more.
                                                                                        • Check out the shownotes and the links to resources and books mentioned in this podcast at www.economicrockstar.com/danariely
                                                                                          • Subscribe on iTunes and never miss an episode.
                                                                                          • 59 min
                                                                                          • 049: Jez Groom and Jon Haywood on How a Cleverly Designed Nudge Can Change People's Behavior - Including How We Pee

                                                                                            Jez Groom is a behavioral economist and co-founder of the behavioral practice #ogilvychange in the United Kingdom.

                                                                                            Alongside Rory Sutherland, Jez has created the Nudge Awards and Nudgestock, bringing the best in behavioral economics to the mainstream.

                                                                                            Jon Haywood is the founder of Ambassadogs and has been working in the Advertising industry for almost 20 years.

                                                                                            Jon has specialised in taking a more consumer (human) perspective of the marketing challenge, working with the likes of Rory Sutherland of #ogilvychange on understanding how behavioural economics can add a significant competitive advantage to the creative ideation process.

                                                                                            In this episode you will learn:

                                                                                            • how Ogilvy Change are bringing Behavioural Economics into the mainstream.
                                                                                              • about Nudgestock which brings academics and practitioners together to discuss the theoretical and practical intersection of behavioural economics.
                                                                                                • how a ‘Fat Stickman’ pointing to an escalator and a ‘Thin Stickman’ pointing to the stairs can nudge a person to take the stairs.
                                                                                                  • about the bathroom tip-jar trick that could net you more tips than ever!
                                                                                                    • how Ogilvy Change gave The Times newspaper a ROI of 250 in incremental sales on a 1 investment.
                                                                                                      • that offering customers too many choices can affect your bottom-line.
                                                                                                        • how we can nudge people to take the stairs rather than the elevator by creating 'The Piano Stairs'.
                                                                                                          • how we can encourage people to bin their litter by simply creating ‘The World’s Deepest Bin’.
                                                                                                            • how we can reduce the amount of urine that ends up on the floor by putting a sticker of a fly in the urinal.
                                                                                                              • why businesses and governments are now embracing behavioral economics.
                                                                                                                • and much more.
                                                                                                                  • Visit www.economicrockstar.com/jezandjon to get access to the shownotes and all the resources, links and videos mentioned in this episode.
                                                                                                                    • Subscribe on iTunes to get access to all previous episode and don't forget to subscribe so that you'll never miss an episode.
                                                                                                                      • Jez Groom: www.ogilvychange.com
                                                                                                                        • Jon Haywood: www.ambassadogs.nl
                                                                                                                        • 52 min
                                                                                                                        • 048: Steve Hanke on Currency Boards, Moral Hazard and the Benefits of Privatization

                                                                                                                          Steve Hanke is a Professor of Applied Economics, specializing in currency boards. He is Co-Director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore.

                                                                                                                          Steve is a Senior Fellow and Director of the Troubled Currencies Project at the Cato Institute in Washington, D.C. and a member of the Charter Council of the Society of Economic Measurement and the Financial Advisory Council of the United Arab Emirates.

                                                                                                                          Previously, Professor Hanke was a Senior Economist on President Reagan’s Council of Economic Advisers and was also an Advisor to the Presidents of Bulgaria, Venezuela, and Indonesia.

                                                                                                                          In 1998, Steve was named one of the twenty-five most influential people in the world by World Trade Magazine.

                                                                                                                          In this episode, you will learn:
                                                                                                                          • what is a currency board and the reason why a country should resort to one.
                                                                                                                            • about Bulgaria’s currency crisis in 1997, how hyper-inflation hit 142 percent per month and what Steve Hanke did to solve the problem.
                                                                                                                              • why Bulgaria has one of the lowest fiscal deficits of any country.
                                                                                                                              •  

                                                                                                                                • why Montenegro dumped the Yugolsav Dinar for the Deutschmark during Slobodan Milosevic’s presidency of Yugoslavia.
                                                                                                                                  • how Montenegro will join the euro currency without having to do a currency changeover.
                                                                                                                                    • if it makes sense to leave a currency board to join a monetary union and giving up fiscal autonomy.
                                                                                                                                      • why it’s best for Bulgaria to stay outside the eurozone due to the issue of moral hazard.
                                                                                                                                        • why Greece ran up a fiscal deficit of 12.7% of GDP when the Maastricht Treaty stated a strict adherence to a maximum level of 3%.
                                                                                                                                          • how a currency board removes the moral hazard of a unified currency area by financing spending with current taxes or the private bond market.
                                                                                                                                            • if Greece should abandon the euro and set up a currency board and pegging their currency with the euro.
                                                                                                                                              • about Ronald Reagan’s privatisation programme in the US in the early 1980s.
                                                                                                                                              •  

                                                                                                                                                • what Hayek was like as a person and what he thought of Ronald Reagan, The Intellectual.
                                                                                                                                                  • and much more.
                                                                                                                                                    • Subscribe to the Economic Rockstar podcast on iTunes and get access to all previous episodes.
                                                                                                                                                      • Prefessor Hanke recommended the book The Essential Hayek by Donald Boudreaux which is currently a Free Kindle download.
                                                                                                                                                      •  

                                                                                                                                                        46 min
                                                                                                                                                      • 047: Victor Ricciardi on The Psychology of Financial Planning and Investing

                                                                                                                                                        Victor Ricciardi is Finance Professor at Goucher College, Baltimore, Maryland where he teaches courses in personal financial planning, corporate finance, investments, behavioral finance, and the psychology of money.

                                                                                                                                                        Victor is the Coordinator of Behavioral & Experimental Research for the Social Science Research Network also known as SSRN.

                                                                                                                                                        Victor is the current Editor for seven SSRN eJournals including Behavioral & Experimental Finance, History of Finance, and Behavioral & Experimental Economics.

                                                                                                                                                        He received his PhD from Golden Gate University and his MBA from St. John's University.

                                                                                                                                                        Victor’s current book Investor Behavior: The Psychology of Financial Planning and Investing with co-editor Kent Baker is now available and has 30 chapters on emerging research in behavioral finance.

                                                                                                                                                        In this episode, you will learn:
                                                                                                                                                        • the difference between Behavioral Economics and Behavioral Finance.
                                                                                                                                                          • the rational approach to investing and whether it exists.
                                                                                                                                                            • what bounded rationality really means.
                                                                                                                                                              • if companies help you make decisions for their own personal benefit.
                                                                                                                                                                • how framing can be a powerful tool to help customers make decisions.
                                                                                                                                                                  • the importance of financial literacy at different stages of your life.
                                                                                                                                                                    • the similarities between behavioral economics and marketing.
                                                                                                                                                                    •  

                                                                                                                                                                      • the future of Behavioral Economics and Behavioral Finance.
                                                                                                                                                                        • and much much more.
                                                                                                                                                                          • Check out the shownotes page to this episode at www.economicrockstar.com/victorricciardi
                                                                                                                                                                            • Subscribe on iTunes and never miss an episode.
                                                                                                                                                                              • Be in with a chance to win a $50 Amazon gift card by taking the Economic Rockstar survey. 
                                                                                                                                                                              • 52 min
                                                                                                                                                                              • 046: Shanta Devarajan on The World Bank, Quiet Corruption, Government Failure and Comparative Advantage

                                                                                                                                                                                Shanta Devarajan is the Chief Economist of the World Bank’s Middle East and North Africa Region.  Since joining the World Bank in 1991, he has been a Principal Economist and Research Manager for Public Economics in the Development Research Group, and the Chief Economist of the Human Development Network, South Asia, and Africa Region.

                                                                                                                                                                                Shanta was the director of the World Development Report 2004, ‘Making Services Work for Poor People’. Before 1991, he was on the faculty of Harvard University’s John F. Kennedy School of Government.

                                                                                                                                                                                Shanta is the author and co-author of over 100 publications, with his research covering public economics, trade policy, natural resources and the environment, and general equilibrium modeling of developing countries.

                                                                                                                                                                                Born in Sri Lanka, Shanta received his B.A. in Mathematics from Princeton University and his Ph.D. in Economics from University of California, Berkeley.

                                                                                                                                                                                In this episode, you will learn:
                                                                                                                                                                                • why Shanta decided to take a sabbatical from lecturing and never went back.
                                                                                                                                                                                  • about Shanta’s passion to end world poverty.
                                                                                                                                                                                    • how experiencing living on a $1 a day with a poor family made Shanta realize that the failure lies with government.
                                                                                                                                                                                      • how empowering people in poverty-stricken countries with information could be the catalyst to end poverty.
                                                                                                                                                                                        • the huge government failures and market distortions threatening the economy in India.
                                                                                                                                                                                          • why teachers and doctors in India are absent from work 25% and 40% of the time respectively and how this is affecting progress.
                                                                                                                                                                                            • how the powerful medical union in India are making healthcare inaccessible to the poor.
                                                                                                                                                                                              • about how crony capitalism is preventing SMEs from growing in the MENA region.
                                                                                                                                                                                                • why Tunisia has failed to develop into an export-oriented economy due the legacy of the Ben Ali family and their connections to firms operating in heavily protected markets.
                                                                                                                                                                                                  • that the failure for governments to continue with social contracts due to high deficits triggered the Arab Spring.
                                                                                                                                                                                                    • about Colonel Gaddafi’s regime and how he managed to keep peace between tribes.
                                                                                                                                                                                                    •  

                                                                                                                                                                                                      • how water subsidies and water-intensive crops are depleting water resources in Yemen.
                                                                                                                                                                                                        • and much much more.
                                                                                                                                                                                                          • Never miss an episode by subscribing on iTunes and get access to all previous Economic Rockstar podcast episodes.
                                                                                                                                                                                                            • Join my community of educators - teachers and lecturers - who want to learn how to build a website, launch a podcast and create educational videos.
                                                                                                                                                                                                              • Take the Economic Rockstar podcast survey and be in with a chance to win a $50 Amazon gift card.
                                                                                                                                                                                                              • 52 min
                                                                                                                                                                                                              • 045: Jon Manning on the Art of Pricing and How Economic Theory Has Got Pricing All Wrong

                                                                                                                                                                                                                Jon Manning is the Founder and Principal Consultant of Sans Prix and has over two decades of Pricing experience in a wide variety of industries.

                                                                                                                                                                                                                Since establishing Sans Prix, Jon (and his associates) have generated millions of dollars in incremental revenue for clients in places such as the UK, USA, India, and Australia.

                                                                                                                                                                                                                Increasingly in demand as both a speaker and educator, Jon has spoken at many conferences, workshops, webinars and educational institutions across the Asia-Pacific, the Middle East and the United Kingdom.

                                                                                                                                                                                                                In 2011, Jon and Greg Eyres established Pricing Prophets, the world’s first and only online pricing advisory service where clients can ask a panel of global pricing experts and thought-leaders what price to charge for a product or service and why.

                                                                                                                                                                                                                Jon holds a Bachelor of Business (Applied Economics) from Deakin University (Australia), a Graduate Diploma of Business (Management) from Monash University (Australia) and a Master of Arts (European Studies), from The University of West London. He is a member of the Australian Institute of Management and the Professional Pricing Society.

                                                                                                                                                                                                                In this episode, you will learn:
                                                                                                                                                                                                                • why Jon believes pricing is more of an a art than a science.
                                                                                                                                                                                                                  • why pricing is based on human behavior that no scientific model can predict.
                                                                                                                                                                                                                    • why there’s no such thing as Adam Smith’s Invisible Hand.
                                                                                                                                                                                                                      • that 70% to 80% of companies use cost-based methods to set prices and few use a value-based method.
                                                                                                                                                                                                                        • why customers don’t care about companies who use cost-based pricing and prefer companies that use value-based pricing methods.
                                                                                                                                                                                                                          • why the best pricing strategy for a company is a value-based method.
                                                                                                                                                                                                                            • the trials and tribulations of the pricing strategy adopted by Netflix and how it affected its share price.
                                                                                                                                                                                                                              • how a $40 fine for returning a DVD late led to the founding of Netflix.
                                                                                                                                                                                                                                • if the best strategy for companies to announce price increases to its customers is to do so a few years in advance.
                                                                                                                                                                                                                                  • how behavioral economics is opening up a minefield of exploration in pricing.
                                                                                                                                                                                                                                    • how Apple used anchoring techniques to sell their iWatch by offering a $10,000 iWatch. It makes the mainstream iWatch appear to be value for money.
                                                                                                                                                                                                                                      • how a $100 omelette was used by a restaurant to act as a decoy so it can influence your decision to pay for high-end or expensive goods.
                                                                                                                                                                                                                                        • and much more.
                                                                                                                                                                                                                                          • Subscribe on iTunes and never miss an episode.
                                                                                                                                                                                                                                            • Join our community of Teachers who want to go online with their own website, podcast and video content. 
                                                                                                                                                                                                                                              • Take the Economic Rockstar Survey to be in with a chance of winning a $50 Amazon gift card.
                                                                                                                                                                                                                                                • Thanks for listening. You are an Economic Rockstar!
                                                                                                                                                                                                                                                •  

                                                                                                                                                                                                                                                   

                                                                                                                                                                                                                                                  53 min
                                                                                                                                                                                                                                                • 044: Nancy Folbre on Feminist Economics and the Care Economy

                                                                                                                                                                                                                                                  Nancy Folbre is a recently retired Professor of Economics at the University of Massachusetts, Amherst andcurrently directs a research program of gender and care work at the Political Economy Research Institute.

                                                                                                                                                                                                                                                  Professor Folbre's research focuses on the interface between feminist theory and political economy, with a particular focus on the work of caring for others.

                                                                                                                                                                                                                                                  Nancy was elected president of the International Association for Feminist Economics (IAFFE) in 2002, has been an associate editor of the Journal Feminist Economics since 1995, and is also an editorial assistant of the Journal of Women, Politics & Policy.

                                                                                                                                                                                                                                                  Nancy is recipient of a MacArthur Fellowship, and she has consulted for the United Nations Human Development Office, the World Bank and other organizations.

                                                                                                                                                                                                                                                  Professor Folbre has also written extensively on the social organization of time, namely the time allotted to care for children and the elderly and how family policies and social institutions limit the choices people can make between paid and unpaid work.

                                                                                                                                                                                                                                                  She is a contributor to the New York Times Economix blog.

                                                                                                                                                                                                                                                  Nancy's book 'Saving State U' (New Press, 2010) makes a case for strengthening public support for higher education in the United States.

                                                                                                                                                                                                                                                  Other recent books include 'Greed, Lust, and Gender: A History of Economic Ideas' (Oxford University Press, 2009) and 'Valuing Children: Rethinking the Economics of the Family' (Harvard University Press, 2008).

                                                                                                                                                                                                                                                   

                                                                                                                                                                                                                                                  Nancy received a B.A. in philosophy from the University of Texas at Austin in 1971, an M.A. in Latin American studies from UT Austin in 1973, and a Ph.D. in economics from the University of Massachusetts, Amherst in 1979.

                                                                                                                                                                                                                                                  In this episode, you will learn:
                                                                                                                                                                                                                                                  • why Nancy Folbre decided to study economics.
                                                                                                                                                                                                                                                    • how the household is very much like the market economy.
                                                                                                                                                                                                                                                      • about feminist household economics.
                                                                                                                                                                                                                                                        • what the underlying principles and foundation to feminist economics.
                                                                                                                                                                                                                                                          • why we should see unpaid work as part of the economy.
                                                                                                                                                                                                                                                            • how the state and the market has reinforced the patriarchal system.
                                                                                                                                                                                                                                                              • why the capitalist system, ironically, has downside effects on women today despite the benefits it provides.
                                                                                                                                                                                                                                                                • why we should adopt the Scandinavian model of paternal responsibility.
                                                                                                                                                                                                                                                                  • about the unmeasured ‘Care Economy’ where people perform unpaid work.
                                                                                                                                                                                                                                                                    • about the opportunity cost to care work.
                                                                                                                                                                                                                                                                      • why Replacement Cost is a better proxy from a National Accounting perspective for measuring the size of the Care Economy.
                                                                                                                                                                                                                                                                        • why people are intrinsically motivated to care and that money is not an issue.
                                                                                                                                                                                                                                                                          • why Nancy Folbre strongly believes that we should think carefully about how we reward care work.
                                                                                                                                                                                                                                                                            • about the ‘Care Penalty’ and why we shouldn’t take advantage of the care workers motivation to work in the care industry.
                                                                                                                                                                                                                                                                              • and much more.
                                                                                                                                                                                                                                                                                • Join the Economic Rockstar community where you will learn how to bring your content online with your own website, podcast and YouTube channel.
                                                                                                                                                                                                                                                                                  • Subscribe to the Economic Rockstar podcast on iTunes and get access to all previous episodes.
                                                                                                                                                                                                                                                                                    • Check out the show notes to episode 044 at economicrockstar.com/nancyfolbre
                                                                                                                                                                                                                                                                                    • 42 min
                                                                                                                                                                                                                                                                                    • 043: Herbert Gintis on Game Theory and the Multidisciplinary Approach to Understanding Human Behavior

                                                                                                                                                                                                                                                                                      Herbert Gintis is Emeritus Professor of Economics at University of Massachusetts and visiting Professor at Central European University.

                                                                                                                                                                                                                                                                                      He is known for his theoretical contributions to sociobiology, especially altruism, cooperation, epistemic game theory and gene-culture co-evolution.

                                                                                                                                                                                                                                                                                      Herbert has a B.A and M.A in Mathematics but switched his PhD program at Harvard from mathematics to economics.

                                                                                                                                                                                                                                                                                      Professor Gintis was part of a group of economists who developed their ideas on a new economics which encompassed issues of alienation of labor, racism, sexism, and imperialism.

                                                                                                                                                                                                                                                                                      Herbert has worked extensively with economist Samuel Bowles, writing their landmark book, Schooling in Capitalist America.

                                                                                                                                                                                                                                                                                      One of Herbert’s latest books The Bounds of Reason emphasises the unification of economic theory with sociobiology and other behavioral sciences which, in the words of Nobel Prize-winning economist, Vernon L. Smith, “is firmly in the revolutionary tradition of David Hume (Convention) and Adam Smith (Sympathy)”.

                                                                                                                                                                                                                                                                                      In the episode you will learn:
                                                                                                                                                                                                                                                                                      • about the importance of trans-disciplinary research and collaboration.
                                                                                                                                                                                                                                                                                        • why economics is not the only social science that explains human behavior.
                                                                                                                                                                                                                                                                                          • how biology, economics and sociology explain the behaviour of humans in different ways and which discipline is correct?
                                                                                                                                                                                                                                                                                            • about the Ultimatum Game and how it shows the cooperative and non-cooperative behaviour of humans.
                                                                                                                                                                                                                                                                                              • about the morality of humans and how we reciprocate kindness with kindness and unkindness with unkindness.
                                                                                                                                                                                                                                                                                                • why reciprocity makes humans so successful as a species.
                                                                                                                                                                                                                                                                                                  • why some species have a symbiotic relationship with other species, which is not the same as reciprocity.
                                                                                                                                                                                                                                                                                                    • how we can fit all the human feelings together to form a multi-disciplinary approach to understanding human behavior.
                                                                                                                                                                                                                                                                                                      • why we always need a system to punish free-riders and non-cooperators.
                                                                                                                                                                                                                                                                                                        • how the future structure of the University can be seen at Arizona State University today.
                                                                                                                                                                                                                                                                                                          • why we need a new generation of thinkers and research centres who are trans-disciplinary.
                                                                                                                                                                                                                                                                                                            • what projects Professor Herbert Gintis is working on right now.
                                                                                                                                                                                                                                                                                                              • why morality controls politics and your vote will not make a difference.
                                                                                                                                                                                                                                                                                                                • how Herbert gets things done in terms of writing books and journal articles.
                                                                                                                                                                                                                                                                                                                  • about Herbert’s disagreement with Nassim Nicholas Taleb.
                                                                                                                                                                                                                                                                                                                    • why Herbert believes that macroeconomics is wrong and is in agreement with Taleb on that issue.
                                                                                                                                                                                                                                                                                                                      • and much much more.
                                                                                                                                                                                                                                                                                                                      • Links mentioned in this episode:
                                                                                                                                                                                                                                                                                                                        • economicrockstar.com/herbertgintis
                                                                                                                                                                                                                                                                                                                        • economicrockstar.com/bluehost
                                                                                                                                                                                                                                                                                                                        • audiobooks.com/rockstar
                                                                                                                                                                                                                                                                                                                        • Subscribe now on iTunes and get access to the complete list of Economic Rockstar episodes.
                                                                                                                                                                                                                                                                                                                          51 min

                                                                                                                                                                                                                                                                                                                        About Economic Rockstar

                                                                                                                                                                                                                                                                                                                        From the publisher's feed

                                                                                                                                                                                                                                                                                                                        Economic Rockstar is created for you, the economist, financial analyst, teacher or student. If you are looking to expand your knowledge or awareness, Frank Conway delivers the information you just…