Think Like An Economist

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All Episodes

Introducing: Think Like An Economist

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

. 1min 58sec

S E1: Why Should You Think Like an Economist?

Want to make ‘no regrets decisions’? This podcast will teach you how! Betsey Stevenson andJustin Wolfers are on a mission to equip everyone with key tools from economics that cantruly transform your life: from career dilemmas and financial conundrums to sorting outcomplicated pro ... Show more

. 15min 26sec

S E2: Core Principle 1 - The Cost-Benefit Principle - The Pros & Cons

Making a pros-and-cons list when you’re stuck isn’t a bad piece of advice, it’s actually a staple of Thinking Like An Economist. Betsey Stevenson and Justin Wolfers walk us through thinking about the costs and benefits of every decision, and also warn of red flags that can lead u ... Show more

. 17min 59sec

S E3: Core Principle 2 - The Opportunity Cost Principle - Or What?

What would you do instead of taking that dream job? What would you eat for dinner instead of that burger? And how would you spend your lunch hour if not at the gym? Betsey Stevenson and Justin Wolfers get us to think about the next best alternative to anything, and how that can t ... Show more

. 17min 50sec

S E4: Core Principle 3 - The Marginal Principle - Just One More?

How many hours should you work? How many people should you hire? How many children should you have? Betsey Stevenson and Justin Wolfers teach us how to make decisions about ‘how many’ of pretty much anything and in any circumstance.Co-host: Nastaran Tavakoli-Far. Editor: Alastair ... Show more

. 15min 25sec