Think Like An Economist
By Betsey Stevenson & Justin Wolfers
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 big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.
Episodes (6)
Think Like An Economist
A Gas Tax Holiday Is Performative Nonsense | The Professor Is In
A gas tax holiday isn't just ineffective—it's actively counterproductive, according to economist Justin Wolfers, who argues it rewards higher gas consumption while enriching oil companies. The policy, he says, creates a perverse incentive: lower prices lead pe
Think Like An Economist
Why The Stock Market Hated May’s Strong Jobs Report | Off the Clock
The stock market's sharp decline following May's unexpectedly strong jobs report—172,000 new jobs created, with April revised up to 179,000—seems counterintuitive, but the real story lies in what the data reveals about the economy's deeper fractures. While the
Think Like An Economist
The Future of Work Is Care—Can Men Adapt? | The Professor Is In
The future of work is care—but can men adapt to a labor market increasingly defined by emotional labor, empathy, and physical support? In this episode of *The Professor Is In*, economists Megan Connors and Justin Wolfers confront a paradox: despite men dominat
Think Like An Economist
Why I Still Trust The Jobs Report | Diving In
The host argues that despite widespread distrust in government data—especially after a president fired the Bureau of Labor Statistics commissioner and nominated a politically aligned outsider—the jobs report remains credible. He compares the labor market data
Think Like An Economist
Inflation Is Up—Temporary Bedfellow or Long-term Partner? | Off the Clock
The latest inflation report shows headline CPI at 4.2%, significantly above the Fed's 2% target, but core inflation at 2.9% offers a glimmer of hope. However, the real story isn't just the numbers—it's what they reveal about the economy's deeper vulnerabilitie
Think Like An Economist
The Job Numbers Will Probably Get Revised—That’s Not A Scandal | The Professor Is In
The latest jobs report shows strong employment growth, yet the unemployment rate remains flat—leading to confusion and skepticism. But as The Professor Is In explains, this isn't a contradiction, it's a sign of a growing labor force. The key insight? The econo
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