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  • Home Alone, Taylor Swift, misnamed Econ Concepts and more with Jadrian Wooten
    2025/07/18

    In this episode of Econ Nerds Live, host Matt Hill and co-host Ariel Slonim welcome Jadrian Wooten from Monday Morning Economist (https://www.mondayeconomist.com/).

    They start with a news quiz. Then talk about their favorite Monday Morning Economist posts:

    • How much would the pizza from Home Alone be today?
    • Why do we buy fancier eggs when egg prices rise?
    • Does Taylor Swift actually add to the economy?


    Then the conversation also gets very nerdy with a discussion on confusing terminology used in Economics.


    00:00 Introduction to Monday Morning Economist

    02:27 News Quiz

    18:39 Pop Culture Economics and Home Alone

    20:09 Challenges in Adjusting Prices Over Time

    24:10 Comparing Historical Prices: Time vs. CPI

    28:10 The Alchian-Allen Effect Explained (why are you buying more expensive eggs?)

    31:54 The Impact of Taylor Swift on Local Economies

    38:13 Teaching Economics: Challenges and Insights

    41:03 The Challenge of Economic Terminology

    55:03 Consumer Surplus/ DWL: Transformers, home buying, Delta


    Referenced in the podcast:

    https://www.mondayeconomist.com/

    Planet money on sugar prices: https://www.npr.org/sections/money/2013/04/26/179295426/episode-454-the-lollipop-war


    Subscribe to our youtube channel: https://www.youtube.com/@EconNerds

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    1 時間 3 分
  • Fertility Crisis: Myths and Solutions with Susannah Petitt
    2025/07/11

    In this episode, Matt Hill and Ariel Slonim discuss the fertility crisis with guest Susannah Petitt. They explore the decline in birth rates, the impact of education and marriage trends, and the economic implications of a shrinking population. The conversation delves into the importance of innovation, the role of social media, and potential policy solutions to encourage family growth.


    Susannah shares insights on the misconceptions surrounding fertility and the need for supportive community structures. The episode concludes with reflections on the cultural narratives surrounding parenthood and the opportunity costs associated with raising children.


    Chapters


    04:16 The Shift from Overpopulation to Depopulation Concerns

    19:11 Housing and Its Impact on Family Planning

    25:08 The Influence of Technology and Social Change on Fertility

    34:41 Balancing Childbearing and Career

    45:29 Current Reads and Interesting Finds

    57:16 Current Events: Tariffs and Trade Agreements


    Check out Susannah’s substack Upward Bound: https://theupwardbound.substack.com/

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    1 時間 5 分
  • Pole Vaulting, NY Mayor, AI Video, Buy Nothing
    2025/06/19

    In this episode of the Econ Nerds podcast, hosts Matt Hill and Ariel Slonim explore various economic themes ranging from pole vaulting incentives to the impact of tariffs on job creation. They discuss the implications of NYC's free bus proposal, the economic contributions of K-Pop sensation BTS, and the evolving landscape of creative jobs in the age of AI.

    Then a life advice involving Bitcoin and personal finance decisions.

    The episode concludes with reflections on community initiatives like the Buy Nothing group and the hidden costs associated with them.

    Chapters


    00:00 Introduction and News Quiz Kickoff

    16:52 AI and Art: The Future of Creativity

    32:25 Life Advice

    35:47 Consumer Surplus vs. Deadweight Loss: Buy Nothing



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    49 分
  • Debt, Blueberries, Tattoo Removal and Homesteading
    2025/06/13

    In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim delve into the pressing issue of national debt, exploring its implications and the government's options for managing it. Then a news quiz segment, where they test each other's knowledge on current events and economic trends. Then they unveil their new segment: "Not Investment Advice", where they give investment advice. The episode wraps up with discussions male friendships, homesteading and Lego Masters


    00:00 - Government Spending and Economic Consequences

    10:15 - Transitioning to Current Economic News and Quizzes

    Investing Insights: Predictions and Market Trends

    23:24 - NOT Investment Advice: Tattoo Removal

    30:12 - Consumer Surplus and Deadweight Loss: Male Friendships, Homesteading and Lego Masters


    Articles mentioned


    All articles for the news quiz can be found at our substack: https://econnerds.substack.com/


    Supersonics are back

    https://marginalrevolution.com/marginalrevolution/2025/06/supersonics-takeoff.html


    Male Friendships

    https://www.aaronrenn.com/p/male-friendship


    Homesteading:

    https://www.washingtonpost.com/home/2025/06/05/i-tried-homesteading/

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    44 分
  • Tariff Pause?, Trader Joes' Prices and Magic Wands
    2025/06/06

    In this episode of Econ Nerds, hosts Matt Hill and Ariel Slonim discuss the recent legal challenges surrounding tariffs, the economic implications of presidential power over tariffs, and the collective action problems faced by Congress. They explore how uncertainty in tariff policies affects businesses and consumers, and delve into the broader economic concepts at play. The conversation also includes a fun news quiz that highlights various economic principles. Then they try to figure out the pricing strategies of Trader Joe's. Finally, Ariel and Matt debate the best place to get wands.

    Chapters

    00:00 Introduction and Personal Anecdotes

    03:00 Tariff Pause and Legal Challenges

    09:02 Congressional Power and Collective Action Problems

    12:10 Impact of Tariffs on Business and Consumers

    18:10 News Quiz and Economic Insights

    34:26 Understanding Trader Joe's Pricing Strategy

    45:39 Consumer Surplus and Deadweight Loss

    50:23 Experiential Marketing: The Magic of Harry Potter World

    Sign up to our newsletter: https://econnerds.substack.com/


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    50 分
  • Pennies, Ozempic, Are Ideas harder to find? and Slop
    2025/05/30

    In this inaugural episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim discuss various economic topics, including the recent decision to stop minting pennies, the impact of AI on jobs, the price fluctuations of Ozempic. They also explore the challenges of innovation and idea generation, the pricing of non-alcoholic beverages, and the economic lessons learned from personal experiences, such as dealing with crows in the backyard.

    00:00 - Introduction to Econ Nerds Podcast

    01:13 - The Death of the Penny

    07:56 - AI and Job Market Changes

    09:59 - Video of the Week: Ozempic Pricing Loophole

    14:51 - Post of the Week: Scott Sumner on Populism

    19:46 - Paper of the Week: Are Ideas Getting Harder to Find, Nicholas Decker summarizes the paper here

    22:44 - The Price is right? Price of Mocktails and Non-Alcoholic Beverages

    29:48 - Consumer Surplus and Deadweight Loss of the week

    33:55 - Archaeology Meets Economics - How to find ancient cities with trade theory

    39:20 - The Impact of War on Economies

    43:41 - Econ in the Wild: Personal Anecdotes

    Other posts mentioned:

    • Infinite Scroll on slop: https://www.infinitescroll.us/p/stop-calling-everything-slop?utm_source=post-email-title&publication_id=1543281&post_id=164064724

    • Pessimist’s Archive on Apple: https://newsletter.pessimistsarchive.org/p/thinking-different-is-never-popular?utm_source=post-email-title&publication_id=247795&post_id=162898051
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    49 分