Upset Patterns

Upset Patterns

By Upset PatternsEducation
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Upset Patterns episodes

  • Stylized Facts and Inequality Discourse

    Generalized trends in real world observations can be boiled down to what are sometimes called "stylized facts," empirical regularities in search of theoretical and causal explanations. Simple statements like "democracies rarely go to war with each other" or "the share of income going to the top 1% has increased" enter into public discourse and eventually shape public policy. The process by which stylized facts go from raw observations to academic discourse to the public eye can be messy but incredibly influential on policy. Discourse regarding income inequality in the United States has specifically been shaped by the stylized facts that came out of available data during different periods. Dan Hirschman of Brown University discusses this process and its effects on public policy.

    32 min
  • Nepalese Migration and Family Outcomes

    Political discourse on migration tends to focus on how the wages of natives in the receiving country respond to long-term migrants. In the case of Nepal, the story is a little different: a significant number of Nepalese men migrate temporarily to Gulf countries, sending remittances home but leaving women to run the households on their own. How does extra income affect the role of women in Nepalese communities? What does it mean for educational opportunities of the children? Nell Compernolle of the University of Michigan discusses the effects of this under-appreciated migration story and what insights it gives the world overall.

    30 min
  • The Ethics of Locavorism

    Consumers who "buy local" often cite the environmental benefits of reducing food miles, the economic effects of keeping money in the area, and the fostering of community ties through in-person commerce. Do the perceived benefits of buying local match up to the realities? When it comes to ethical food consumption, how important is it to buy local relative to other efforts? Carson Young of the University of Pennsylvania joins us for a fascinating discussion on locavorism.

    42 min
  • The Euro's Growing Pains
    Bringing areas together under a common currency can increase labor mobility and decrease transaction costs. However, currency unions also bring with them a loss of monetary autonomy and difficulty regarding political, cultural, and legal integration. As the Euro Zone struggles to get back onto a steady path of economic growth more than six years after the onset of the financial crisis, it begs the question - does the Euro Zone work as a currency union?
    **This is part of an upcoming series from the NYU Eurocrisis Discussion Group Podcast Series**
    31 min
  • The Euro’s Growing Pains
    Bringing areas together under a common currency can increase labor mobility and decrease transaction costs. However, currency unions also bring with them a loss of monetary autonomy and difficulty regarding political, cultural, and legal integration. As the Euro Zone struggles to get back onto a steady path of economic growth more than six years after the onset of the financial crisis, it begs the question - does the Euro Zone work as a currency union?
    **This is part of an upcoming series from the NYU Eurocrisis Discussion Group Podcast Series**
    31 min
  • Pedagogy and Homer Economicus
    We know economics is all around us, but spotting everyday examples and understanding the intricacies aren't always immediately obvious. Could economics be more effectively taught if the "invisible hand" has four fingers? Is there such thing as a free Duff? We talk with Joshua Hall of West Virginia University about his new book "Homer Economicus: The Simpsons and Economics" and using popular media like The Simpsons to help teach students about economics.
    28 min
  • Games of Drones
    Discover the economics of everyday life through topics like prostitution, Harry Potter, parking, and locavorism. Hosted by Will Compernolle at Radio Free Jerome Studios in New York, New York.
    28 min
  • Harry Potter and the Laws of Muggle Economics
    Despite the amazing abilities of the witches and wizards in Harry Potter, the characters are still bound by many of the fundamental economic principles we observe in the muggle world. But would Harry be better off facing Voldemort on his own rather than hanging around characters like Ron and Hermione? Is the ownership of house elves rational? If we reject trade, are we bound to go down a road to becoming Lucius Malfoy? We talk with Marta Podemska-Mikluch of Beloit College about the economic themes found in the Harry Potter series and see how many of the problems Harry faces can be observed through an economist's lens.
    23 min
  • Droughts, Olympics, and Wilt Chamberlain
    Can water shortages like those in California be left in the hands of the market? Is it beneficial to host the Olympics? Where does the name Upset Patterns come from? We reach inside our mailbag and answer listener-submitted questions in this special episode covering three mini-topics.
    21 min
  • Bitcoin
    Our concept of money is so engrained in our day-to-day life that it's hard to imagine money in any other form. Unlike fiat paper currency, Bitcoin is a virtual currency that instead of being printed by a central bank like the Federal Reserve exists only on an electronic ledger of transactions. Its proponents point to its ease of exchange and independence from the manipulation of governments. Opponents find it unstable and unlikely to realistically compete with existing currencies. We talk to William Luther, Assistant Professor of economics at Kenyon College, to figure out how Bitcoin works, what its strengths and weaknesses are, and what its future looks like.
    37 min

About Upset Patterns

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Exploring the economics of everyday life