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Economics Explored

252 episodes - English - Latest episode: 8 days ago - ★★★★★ - 2 ratings

Hard-headed economic analysis applied to important economic, social, and environmental issues.

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Episodes

US recession, climate change & monetary policy w/ Darren Brady Nelson - EP151

August 05, 2022 14:30 - 49 minutes - 45.5 MB

US Treasury Secretary Janet Yellen claims the US economy is not in a recession,  despite two consecutive quarters of declining GDP. Economics Explored EP151 guest Darren Brady Nelson disagrees with the Treasury Secretary and argues she is taking a political position. Whether she’s being political or not, Janet Yellen has certainly taken a big risk, as Darren and Gene discuss. Darren and Gene also talk about the review of the Aussie central bank, the Reserve Bank of Australia, particularly ho...

Global economic outlook + Aussie inflation & house prices - EP150

July 29, 2022 14:00 - 58 minutes - 53.5 MB

The message from the IMF's July 2022 World Economic Outlook was that the outlook is “Gloomy and More Uncertain”. This week also saw the United States slide into a technical recession. Certainly there are big risks to the global outlook. It’s possible that central banks could tip many economies into recession as they hike interest rates to tame inflation. This episode considers the global economic outlook, plummeting Australian property prices, as well as the economic challenges facing Austra...

Reserve Bank of Australia being reviewed after big mistakes w/ Peter Tulip - EP149

July 22, 2022 18:55 - 57 minutes - 52.4 MB

The Reserve Bank of Australia has allegedly made some bad calls in recent years and now the Australian Treasurer has commissioned a major review. This episode’s guest, Dr Peter Tulip of the Centre for Independent Studies, has long pushed for a review of the RBA. Peter, a former RBA and US Fed economist, thinks the RBA can learn from other central banks such as the Fed and Sweden’s Riksbank, and it can avoid future bad policy decisions which cost hundreds of thousands of jobs.  About this ep...

Aussie Conference of Economists wrap-up w/ Leonora Risse & Cameron Murray - EP148

July 15, 2022 14:00 - 56 minutes - 51.8 MB

While in Hobart, Tasmania for the 2022 Australian Conference of Economists, show host Gene Tunny caught up with Dr Leonora Risse and Dr Cameron Murray to reflect on the big economic issues covered at the conference. The Conference was framed in the context of adjusting to the so-called new normal. It dealt with issues such as government wellbeing budgets, the housing affordability crisis, the pandemic, and nowcasting, among others. Hear from Gene, Leonora, and Cameron regarding conference hi...

Charter Cities: A Public-Private Partnership (PPP) model w/ Kurtis Lockhart - EP147

July 08, 2022 14:00 - 58 minutes - 53.6 MB

Kurtis Lockhart, Executive Director of the Charter Cities Institute, tells us about the benefits of charter cities - cities with their own rules or charter, independent of national or subnational governments. Kurtis argues the best way to implement charter cities is via public-private partnerships (PPPs). Learn about the fascinating work the Charter Cities Institute is involved in around the world with a view to stimulating economic development and lifting millions out of poverty.   About t...

China, Taiwan & the Indo-Pacific w/ Dr Greta Nabbs-Keller - EP146

July 01, 2022 14:00 - 1 hour - 58.8 MB

The next big global economic shock could come from a Chinese invasion of Taiwan, a shock which would probably have more extensive economic impacts than the Russian invasion of Ukraine. Joining show host Gene Tunny to discuss China and Taiwan and the Indo-Pacific more broadly is Dr Greta Nabbs-Keller, Senior Specialist in Defence Research at The University of Queensland and the interim Program Director of the Australian Program Office for Advanced Hypersonics.  About this episode’s guest - D...

ESG: useful concept or greenwashing? w/ Rachel Baird & Stephen Howell, Effective Governance - EP145

June 24, 2022 15:37 - 1 hour - 56.5 MB

ESG, short for environmental, social, and governance, is proving difficult for companies to implement in practice, and some have been accused of greenwashing. What exactly is ESG and has it come to the end of its useful life, as the Financial Times has suggested may be the case? Joining show host Gene Tunny to discuss ESG are some highly experienced corporate governance experts: Dr Rachel Baird and Stephen Howell, part of HopgoodGanim Lawyers. Both Stephen and Rachel advise boards on ESG mat...

Advertising & surveillance capitalism w/ John August - EP144

June 17, 2022 20:04 - 1 hour - 64 MB

What does economics have to say about the huge amount of advertising directed at us everyday, much of it specifically targeted in this age of surveillance capitalism? Is it informative, manipulative, or something else? Should governments do anything about it and regulate advertisers and surveillance capitalists such as Google, Facebook, and other big tech companies? EP144 of Economics Explored features a frank and fearless conversation on advertising touching on surveillance capitalism with ...

Stagflation: be alert, not alarmed - EP143

June 10, 2022 21:32 - 57 minutes - 52.5 MB

The World Bank has downgraded its global economic growth forecast and has warned of the rising risk of stagflation. What is stagflation and how likely is it? And a related question: what is a wage-price spiral and how likely is it? Show host Gene Tunny and his colleague Arturo Espinoza discuss how the current global situation is similar and dissimilar to the 1970s, with a consideration of recent perspectives from the World Bank and BIS.   Links relevant to the conversation Is a US recessio...

Is a US recession imminent? w/ Michael Knox, Chief Economist, Morgans Financial - EP142

June 03, 2022 14:00 - 51 minutes - 47.6 MB

Michael Knox, Chief Economist of Morgans Financial, explains how he predicted high US inflation based on the magnitude of the federal deficit compared with the GDP/output gap. He  gives his view on whether a US recession is likely anytime soon, based on his analysis of some key indicators. Michael and show host Gene Tunny also discuss the economic outlook for Australia, whether global stagflation is a possibility, and the risk of a Chinese invasion of Taiwan.  About this episode’s guest - M...

How I became an economist + advice for aspiring economists w/ show host Gene Tunny - EP141

May 27, 2022 14:00 - 56 minutes - 51.4 MB

Economics Explored host Gene Tunny discusses his career path as an economist and offers advice for aspiring economists in an interview with Francisco Garcia, host of the University of Queensland Economics Society (UQES) podcast Worldonomics.   Links relevant to the conversation https://www.uqes.com.au/ https://podcasts.apple.com/au/podcast/worldonomics/id1513275367 Thanks to the show’s audio engineer Josh Crotts for his assistance in producing the episode.  Please consider signing up to...

Economic development through savings and credit groups w/ World Neighbors CEO Kate Schecter - EP140

May 20, 2022 14:00 - 53 minutes - 98.7 MB

Kate Schecter leads World Neighbors, an international NGO helping poor communities in developing economies lift their living standards through local savings and credit groups among other measures. Hear Kate describe how these local savings and credit groups differ from Grameen-style microfinance. Also hear Kate describe how on-the-ground, practical measures can give people a hand up, not a hand out.  About this episode’s guest - Kate Schecter, Ph.D. Kate Schecter, Ph.D., joined World Neigh...

The Go Woke, Go Broke hypothesis w/ Darren Brady Nelson - EP139

May 13, 2022 14:00 - 59 minutes - 108 MB

Companies are being pushed by their employees and by influencers to take positions on social issues - to go woke, so to speak. Sometimes, as occurred for Gillette and Nike, for example, such a strategy can backfire. Is it true that, if you go woke, you go broke? A conversation between Economics Explored host Gene Tunny and returning guest Darren Brady Nelson, Chief Economist of LibertyWorks, an Australian libertarian think tank.  About this episode’s guest - Darren Brady Nelson Darren Brad...

The Pirate Party’s economic policy platform w/ John August - EP138

May 06, 2022 14:18 - 1 hour - 116 MB

What does the economic policy platform of a Pirate Party look like? What does it say about intellectual property protection (i.e. copyright and patents), the Right to Repair, UBI, taxation, and business support? And what type of pirates are Pirate Parties inspired by exactly: Captain Jack Sparrow or Kim Dotcom? Pirate Party Australia Treasurer John August answers these questions in a conversation with Economics Explored host Gene Tunny.   About this episode’s guest - John August John Augus...

UBI advocate Michael Haines on its benefits and costs - EP137

April 29, 2022 21:34 - 1 hour - 152 MB

Universal Basic Income (UBI) advocate Michael Haines chats with show host Gene Tunny about the benefits and costs of a UBI, with an extensive discussion of how it’s paid for in Michael’s proposal. The conversation considers money creation and so-called Modern Monetary Theory (MMT).  About this episode’s guest - Michael Haines Michael Haines is the CEO of VANZI, the Virtual Australia and New Zealand Initiative. Michael has 40+ years of experience in a wide variety of senior management and c...

Wider economic benefits of infrastructure projects - EP136

April 22, 2022 14:00 - 49 minutes - 45.7 MB

Wider economic benefits are increasingly being estimated in economic assessments of infrastructure projects. Show host Gene Tunny and his colleague Arturo Espinoza Bocangel chat about how some infrastructure projects, particularly transport projects, can stimulate new economic development, increasing the density of businesses and workers in an area. This can boost innovation and productivity through knowledge transfer and greater specialisation, among other mechanisms. The expected wider eco...

Nominal GDP targeting w/ Stephen Kirchner - EP135

April 15, 2022 14:00 - 1 hour - 74.5 MB

Market monetarists such as Stephen Kirchner argue nominal GDP targeting would be better than inflation targeting and could help central banks such as the RBA and the US Federal Reserve get back on track. Stephen is Director of the International Economy Program at the United States Studies Centre at the University of Sydney.  About this episode’s guest - Dr Stephen Kirchner Dr Stephen Kirchner is Director of the International Economy Program at the United States Studies Centre at the Univer...

The high cost of housing and what to do about it w/ Peter Tulip, CIS Chief Economist - EP134

April 08, 2022 14:00 - 59 minutes - 54.5 MB

Property prices have been surging across major cities in advanced economies. In Australia, a parliamentary inquiry has recently investigated housing affordability, and it handed down a report with some compelling policy recommendations in March 2022. Our guest this episode provided an influential submission to that inquiry. His name is Peter Tulip, and he’s the Chief Economist at the Centre for Independent Studies (CIS), a leading Australian think tank. Peter explains how town planning and z...

Investing for success w/ Paul Mladjenovic, author of Stock Investing for Dummies - EP133

April 01, 2022 21:22 - 57 minutes - 52.8 MB

Paul Mladjenovic, CFP is the author or co-author of several Dummies guides on investing, including Stock Investing for Dummies and Investing in Gold and Silver for Dummies. Paul shares his views on what makes for successful investing with show host Gene Tunny. They discuss what types of companies to look for, an often unappreciated benefit of investing in gold and silver, and what Paul thinks about real estate and crypto assets.  This episode contains general information only and does not c...

The virtues of the free market w/ David Bahnsen - EP132

March 25, 2022 14:00 - 41 minutes - 38 MB

Renowned US financial advisor, author, and podcaster David Bahnsen argues the best way to defend human flourishing against dangerous economic thinking is to relearn time-tested economic truths. David talks about his new book “There’s no Free Lunch: 250 Economic Truths” with show host Gene Tunny. David and Gene also talk about David’s previous books on the crisis of responsibility afflicting our societies, Elizabeth Warren’s economic policies, and investing in a post-crisis world.  About thi...

Concorde’s economic lessons: a closer look - EP131

March 18, 2022 20:09 - 55 minutes - 50.4 MB

The British-French supersonic airplane Concorde soared through the skies at Mach 2 in the years 1976 to 2003. Its history illuminates several important economic and business lessons. Is a supersonic airplane simply uneconomic or will commercial passengers fly supersonic again? Show host Gene Tunny and his fellow economist Arturo Espinoza Bocangel discuss.   Links relevant to the conversation EP129 which mentioned the Concorde: https://economicsexplored.com/2022/03/07/top-10-insights-from-...

Thriving w/ Wayne Visser, Cambridge & Antwerp sustainable business expert - EP130

March 11, 2022 19:49 - 1 hour - 61.8 MB

We explore a new book “Thriving: The Breakthrough Movement to Regenerate Nature, Society, and the Economy”, by Dr Wayne Visser of the Cambridge Institute for Sustainability Leadership and Antwerp Management School. Wayne explains why the future will be better than you think. About this episode’s guest - Wayne Visser Wayne Visser is a globally recognised Cambridge “pracademic.” An idea-monger, storyteller, and meme weaver, he is the author of 40 books. His work as a champion for thriving, s...

Top 10 insights from economics - EP129

March 04, 2022 19:16 - 38 minutes - 35 MB

Show host Gene Tunny reviews his top ten insights from economics with Tim Hughes. These include insights regarding specialization and trade, opportunity cost, and the price mechanism, among others. Applications to traffic congestion and climate change, among other issues, are explored.  An e-book of Gene's top 10 insights is available to  subscribers of the economicsexplored.com website.   Links relevant to the conversation On comparative advantage: https://www.economicsonline.co.uk/glob...

Risk, Cost-benefit analysis, and the Enlightenment w/ Prof. Deb Brown - EP128

February 25, 2022 14:00 - 52 minutes - 47.7 MB

Philosophy Professor Deb Brown helps us explore some big questions around risk, cost-benefit analysis, and public policy, particularly relating to the pandemic. Deb also explains what was so important about the Enlightenment.  About this episode’s guest - Prof. Deb Brown Deborah Brown is Professor, School of Historical and Philosophical Inquiry at the University of Queensland, Australia. During her time in the Faculty of Humanities and Social Sciences, Deb has coordinated a wide range of p...

US Inflation, Woke Capitalism & China w/ Darren Brady Nelson + weird Aussie tax rules - EP127

February 18, 2022 14:58 - 1 hour - 78.8 MB

With US inflation at a 40-year high, who wins and who loses? Are greedy corporations to blame as some pundits are suggesting? A wide-ranging conversation with Darren Brady Nelson, Chief Economist of LibertyWorks, an Australian libertarian think tank, which also considers so-called Woke Capitalism and what’s going on with China. In the second part of the show, the Grattan Institute’s Economic Policy Program Director Brendan Coates explains the franking credits controversy, related to some pec...

UBI: Universal Basic Income w/ Ben Phillips, ANU - EP126

February 11, 2022 14:00 - 53 minutes - 41.3 MB

The economics of a Universal Basic Income (UBI) is explored with Ben Phillips, Associate Professor at the Australian National University, and a leading expert on microsimulation modelling. Also, show host Gene Tunny reflects on experimental evidence regarding UBI. About this episode’s guest - Ben Phillips Associate Professor Ben Phillips is a Principal Research Fellow at the Centre for Social Research and Methods. He has nearly 20 years of experience as an economic and social researcher in...

Price controls to fight inflation a bad idea + infrastructure lessons from POTUS 21 Chester Arthur w/ Larry Reed - EP125

February 04, 2022 14:45 - 44 minutes - 41.2 MB

Price controls are being suggested by some commentators as a way to fight inflation. But, as Lawrence W. Reed, President Emeritus of the Foundation for Economic Education explains, price controls would be a really bad idea. Larry also chats with show host Gene Tunny about whether Jesus was a socialist, why banks and the state should be kept separate, and why President Biden would benefit from lessons on infrastructure from the 21st President Chester A. Arthur.  About this episode’s guest - ...

Women in Economics w/ Dr Leonora Risse of RMIT, Melbourne - EP124

January 28, 2022 15:04 - 1 hour - 65 MB

RMIT’s Dr Leonora Risse, formerly of Harvard’s Women and Public Policy Program, argues greater gender diversity in economics would improve the quality of economic analysis and policy advice. Arguably, it would shine more light on and promote solutions to gender inequality (e.g. the gender pay gap). Is Leonora right, or is this “self-serving identity politics” as some fellow economists have alleged about a focus on gender issues? Economics Explored host Gene Tunny explores this question in a ...

Truth (or the lack of it) in politics and how to think critically with help from Descartes - EP123

January 21, 2022 14:00 - 1 hour - 55.1 MB

Why politicians need to stop lying and cut the endless BS. A conversation with Philosophy Professor Deb Brown, Director of the Critical Thinking Project at the University of Queensland. Deb also chats with show host Gene Tunny and guest co-host Tim Hughes about what it means to think critically, drawing on her expertise in philosophy, including her study of Descartes.       About this episode’s guest - Professor Deb Brown Deborah Brown is Professor, School of Historical and Philosophical I...

Dan Mitchell on the global tax cartel and California’s economic suicide - EP122

January 14, 2022 14:00 - 43 minutes - 39.8 MB

136 countries have agreed to implement a global minimum corporate tax rate of 15%. Renowned US public policy economist Dr Dan Mitchell explains why he thinks this “global tax cartel” is bad news. Dan also explains to Economics Explored host Gene Tunny how California is committing “economic suicide”, and why entrepreneurs are moving to Texas, Nevada, and Florida, among other lower tax states.  About this episode’s guest - Dr Dan Mitchell Dan Mitchell is Chairman of the Center for Freedom an...

What is the Economy? And Why It Matters to You | EP121

January 07, 2022 14:00 - 1 hour - 59.6 MB

What is the Economy? And Why It Matters to You is a new book from UK economics writers Beth Leslie and Joe Richards, who are interviewed in this episode of Economics Explored. Legendary music producer Brian Eno has endorsed the book, writing “This clear and comprehensible book is long overdue.” About this episode’s guests - Beth Leslie and Joe Richards Beth Leslie is a writer and editor. She became interested in economics when she realised it was a great way to better understand the world ...

120: Inflation, Covid, China & Crypto - looking back on 2021 and forward to 2022

December 31, 2021 14:00 - 55 minutes - 50.5 MB

2021 saw accelerating inflation in advanced economies, the pandemic continuing, cracks appearing in the Chinese economic model, and massive price growth in cryptocurrencies and NFTs. Economics Explored host Gene Tunny discusses the big issues of 2021 and looks forward to 2022 with frequent guest Tim Hughes.  The episode also features discussion on the COP26 climate change summit, the idea of “degrowth” advanced by some ecologists and environmentalists, and feedback on EP115 on the Opioid Cr...

What Tony Makin taught us about macroeconomics with ex-Ambassador to OECD, Alex Robson

December 23, 2021 14:00 - 35 minutes - 32.4 MB

The late Professor Tony Makin was a leading Australian economist who made major contributions to the economic policy debate in Australia on the balance of payments and the effectiveness of fiscal stimulus, of which Tony was highly sceptical. In Economics Explored EP119, Former Ambassador to the OECD for Australia Dr Alex Robson, now an Associate Partner at EY, reflects on Tony’s contributions to open economy macroeconomics and the policy debate.   About this episode’s guest - Dr Alex Robson...

EP118: The Skyscraper Curse and Austrian Economics with Mark Thornton, Mises Institute

December 17, 2021 14:00 - 48 minutes - 44 MB

There is an eerie correlation between the construction of a new world’s tallest building and economic crisis, the so-called Skyscraper Curse. Prof. Mark Thornton, Senior Fellow at the Mises Institute, explains why this is so, drawing on his expertise in Austrian economics.    About this episode’s guest - Mark Thornton Mark Thornton is the Peterson-Luddy Chair in Austrian Economics and a Senior Fellow at the Mises Institute. He serves as the Book Review Editor of the Quarterly Journal of Au...

COP26 Glasgow Climate Change Summit: Success or Failure?

December 10, 2021 14:00 - 1 hour - 62.5 MB

The COP26 climate change summit in Glasgow in 2021 disappointed many advocates for strong action on climate change. Economics Explored host Gene Tunny discusses whether COP26 should be perceived as a failure or, at best, a mild success with fellow Brisbane-based economist Scott Hook, who has attended several global climate change summits in the past.  About this episode’s guest - Scott Hook Scott Hook has over 25 years of experience in policy, economic, environmental and financial analysis...

The Great Resignation

December 03, 2021 14:00 - 43 minutes - 39.9 MB

What’s going on with the Great Resignation, the record numbers of people leaving jobs in the US and the UK? Will we see it in other countries such as Australia? What can employers do to hold on to staff? Economics Explored host Gene Tunny speaks with his serviced office neighbours Anthony Bersz and Louise Gibson from Remedy Resourcing, a Brisbane-headquartered recruitment firm. A video of this episode has been recorded and can be found, when available from approximately 6 December 2021, via...

The Opioid Crisis and the War on Drugs with Dr Jeffrey Singer

November 26, 2021 14:00 - 50 minutes - 46.1 MB

100,000 Americans have died of drug overdoses in a 12 month period, mostly with opioids. A conversation on the US Opioid crisis and the failed War on Drugs, and why a Harm Reduction approach is preferable, with Dr Jeffrey Singer MD from the Cato Institute.  About this episode’s guest - Dr Jeffrey Singer MD Jeffrey A. Singer is a senior fellow at the Cato Institute and works in the Department of Health Policy Studies. He is principal and founder of Valley Surgical Clinics Ltd., the largest ...

Tax rules benefiting tech titans and hedge fund managers in the US

November 19, 2021 14:00 - 32 minutes - 30.1 MB

Controversial US tax rules (e.g. carried interest, step up in basis) mean that billionaire tech titans and hedge fund managers pay arguably relatively low amounts of tax, as Steve Rosenthal, Senior Fellow at the Urban Institute, explains to show host Gene Tunny in Economics Explored episode 114. Steve also talks about former President Trump's tax affairs. About this episode’s guest - Steven M. Rosenthal Steve Rosenthal, a senior fellow in the Urban-Brookings Tax Policy Center at the Urban ...

Lithium and the new energy revolution with Lukasz Bednarski

November 12, 2021 14:00 - 55 minutes - 50.8 MB

Lukasz Bednarski talks about his new book “Lithium: The Global Race for Battery Dominance and the New Energy Revolution” with show host Gene Tunny in Economics Explored episode 113. The blurb for Lukasz’s book reads: “A global energy revolution is unfolding before our eyes: ever-growing numbers of electric vehicles on our roads, laptops that last all day on a single charge and solar panels on our roofs, all reliant on lithium-ion batteries. This revolution is happening at breath-taking spee...

Taxing the rich - Billionaire and inheritance taxes

November 05, 2021 14:00 - 41 minutes - 37.5 MB

Tax expert Prof. Miranda Stewart speaks with show host Gene Tunny about taxes on wealth, including inheritance taxes and the proposed billionaire tax in the United States. What is driving calls to “Tax the Rich” from politicians such as Alexandria Ocasio-Cortez and various commentators? Would it be sensible to do so?  About this episode’s guest - Professor Miranda Stewart Miranda Stewart is Professor of Law at the University of Melbourne Law School where she is Director of the Tax Group an...

Aussie Senator Matt Canavan - COP26 Dissenting Voices Part 2

October 27, 2021 03:40 - 49 minutes - 45.5 MB

Senator Matt Canavan, Australia’s most prominent critic of the Net Zero by 2050 policy to address climate change, speaks with show host Gene Tunny about the 2021 UN climate change summit, COP26 (i.e. the 26th Conference of the Parities).  About this episode’s guest - Senator Matt Canavan Matt Canavan is a Liberal National Party Senator for the state of Queensland, Australia. Matt was first elected at the 2013 Australian federal election for the term beginning 1 July 2014. He was the Minist...

COP26 Dissenting Voices Part 1 - Dr Alan Moran

October 22, 2021 14:00 - 34 minutes - 31.3 MB

Dr Alan Moran, prominent Australian critic of climate change and renewable energy policies, speaks with show host Gene Tunny about the 2021 UN climate change summit, COP26 (i.e. the 26th Conference of the Parities).  About this episode’s guest - Dr Alan Moran Dr Alan Moran is Director of Regulation Economics, a consultancy firm. He is a noted economist who, in his own words, “has analysed and written extensively from a free market perspective.”  Dr Moran was the Director of the Deregulatio...

Philosophy and Truth

October 15, 2021 14:00 - 1 hour - 55.5 MB

In Economics Explored EP109, Dr John Atkins, philosopher and Honorary Research Fellow at the University of Queensland, provides great insights into the nature of truth, an important topic to discuss in this time of big debates over the pandemic and climate change, among other issues. Dr Atkins highlights the importance of trust, probabilistic thinking (i.e. thinking not necessarily about truth but our level of certainty in a fact), and the Socratic method. Show host Gene Tunny shares his own...

COP26 climate change summit with Tony Wood, Grattan Institute

October 08, 2021 14:00 - 38 minutes - 34.9 MB

Energy and climate change policy expert Tony Wood from the Grattan Institute explains what COP26 (the 2021 climate change conference in Glasgow) is all about and why it’s important. Tony discusses what Net Zero emissions means exactly, the prospects for nuclear energy, and implications for fossil fuel (e.g. coal) dependent economies, among other relevant issues. About this episode’s guest - Tony Wood AM Tony Wood is Program Director for Energy and Climate Change at the Grattan Institute, a...

Gender differences in negotiation and policy for improvement

October 01, 2021 14:00 - 36 minutes - 33.5 MB

There are gender differences in negotiation and these impact job market outcomes, as Dr Maria Recalde from the University of Melbourne explains. Dr Recalde speaks with show host Gene Tunny about her NBER working paper Gender Differences in Negotiation and Policy for Improvement, co-authored with Prof. Lise Vesterlund. About this episode’s guest - Dr Maria Recalde Dr Maria P. Recalde is a Lecturer (Assistant Professor) in the Department of Economics at the University of Melbourne, Australia...

COVID lockdowns and vaccine mandates with Dr Gilbert Berdine

September 24, 2021 14:00 - 48 minutes - 44 MB

At a time when the COVID pandemic continues, and cities such as Sydney and Melbourne remain locked down, Gilbert Berdine MD from Texas Tech University Health Sciences Center shares his views on lockdowns and vaccine mandates with show host Gene Tunny. Toward the end of the episode, the conversation turns towards Dr Berdine's thoughts on vaping regulations.  About this episode’s guest - Gilbert G. Berdine MD Associate Professor of Internal Medicine, Texas Tech University Health Sciences Cen...

Why bad social norms such as FGM can persist

September 17, 2021 19:58 - 51 minutes - 47.2 MB

EP105 considers the persistence of bad social norms such as female genital mutilation (FGM). Show host Gene Tunny speaks with University of Queensland Lecturer (i.e. Assistant Professor) Dr David Smerdon about his experimental research on social norms, including fieldwork in Africa relating to FGM.   About this episode’s guest - Dr David Smerdon Dr David Smerdon is a Lecturer in the University of Queensland School of Economics. He primarily works in behavioral and development economics. Hi...

Victimless Crimes with Marc J. Victor

September 10, 2021 14:00 - 41 minutes - 38 MB

On Economics Explored we’ve previously discussed the large economic and social costs that arise from criminalising drugs such as cannabis. In episode 104, show host Gene Tunny discusses the broader concept of victimless crimes with a highly-experienced lawyer, Marc J. Victor, President and Managing Partner of Attorneys for Freedom. About this episode’s guest - Marc J. Victor Marc J. Victor is President and Managing Partner of Attorneys for Freedom (https://attorneysforfreedom.com/). He is ...

Why Ayn Rand's concept of self-esteem is unreasonable with Dr Michael Edelstein

September 03, 2021 14:00 - 44 minutes - 40.7 MB

In Economics Explored Episode 103, Dr Michael Edelstein explains why Ayn Rand’s concept of self-esteem is unreasonable and unhelpful. Program host Gene Tunny asks Michael to explain his Three Minute Therapy approach, which is solidly based in Rational Emotive Behaviour Therapy (REBT).    Michael R. Edelstein, Ph.D., has an in-person and telephone therapy practice in San Francisco. He is the author of Three Minute Therapy, a self-help book for overcoming common emotional and behavioral probl...

Arrow's Impossibility Theorem

August 27, 2021 14:00 - 47 minutes - 43.2 MB

In Episode 102, Arrow's Impossibility Theorem is discussed by University of Queensland Senior Lecturer in Economics Dr Priscilla Man and Economics Explored host Gene Tunny. Links relevant to the conversation Conversation article Gene mentions in intro: https://theconversation.com/kenneth-arrows-legacy-and-why-elections-can-be-flawed-73675 The paradox of democracy: Arrow impossibility explained: https://youtu.be/dzS-RkzRRVM Please send any questions, comments, or suggestions to contact@ec...

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