The cash only economy where economics works

This week Phil challenges Steve on how the futures market handles terminal risk, pointing out that oil prices slope downward over time simply because traders blindly assume the Strait of Hormuz will reopen. Steve agrees and tears into the financial sector, explaining that modern ...  Show more

This week Phil and Steve dismantle the structural shift of the global economy toward a permanent state of debt dependence. Following a critique of Steve’s recent debate on the Piers Morgan show and a revisit to last week’s discussion on th link between energy and productivity, th ...  Show more

Think Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the b ...  Show more

Economists Betsey Stevenson and Justin Wolfers are back to help you think like an economist. This season is our mini-MBA, and we'll unpack even more economic tools, with a focus on showing you how to make wise business decisions.See omnystudio.com/listener for privacy information ...  Show more

Econ Bro is a Nigerian economist who is teaching Nigerians economics in the Austrian school tradition. He joins us to discuss his Austrian perspective on Nigerian economics, inflation, and the relationship between inflation and ritual sacrifice!

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<span style="font-size: 12pt;">Even optimal economic policies create winners and losers, and that's where politics steps in. Trade liberalization is an example of a policy that can make a country better off as a whole, but what happens to workers who lose out ...