Episodes

  • In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slunum, along with guest Rob Raffety, debate the new $100,000 fee. Then we have our news quiz featuring apples and our old friend EJ Antoni, PhD. Then we our economic illiterates of the week and a poorly named segment.

    Chapters

    02:49 Discussion on H1B Visa Fee Proposal

    07:01 Economic Implications of H1B Visa Holders

    22:11 ChatGPT Conversations: Interesting or Boring?

    26:12 Weekly News Quiz: Government Shutdown Insights

    44:09 Poorly Named Economic Concepts

    47:29 Econ Illiterates of the Week

    52:48 Econ in the Wild: Real-Life Applications

    Subscribe in podcast form

    https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ

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    ⁠https://www.youtube.com/@EconNerds⁠

  • Prof. Richard Sylla tells how Alexander Hamilton, a poor immigrant from the West Indies, dreamed up and then revolutionized America’s financial system, paving the way for 250 years of growth.

    Then Prof. Sylla tells us what the architect of the U.S. National debt would think about today’s national debt.

    00:00 Hamilton's Early Life and Move to America

    00:51 The Differences Between the West Indies and American Colonies

    04:56 Hamilton's Education and Early Writings

    08:25 Hamilton's Military Career and Role in the Revolution

    11:31 Hamilton's Financial Insights and Strategies

    20:32 Hamilton's Role in the Constitution's Ratification

    23:30 Key Components of a Modern Financial System

    27:05 The Room Where It Happened: Political Bargaining

    34:53Establishing the Bank of the United States

    39:20 Hamilton's Perspective on Modern Fiscal Policy

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

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  • How can you know if there is a recession coming? Are there some secret economic indicators?News Quiz! Coffee Prices and Chinese EVsThe economists are fighting over firewoodNot Investment Advice: Betting on the NY Mayor raceEcon in the Wild: Library books and Trump joins the trivia team

    01:09 Recession Fears and Economic Indicators

    04:57 Alternative Indices for Predicting Recessions

    09:03 Current Economic Data and Concerns

    14:10 News Quiz

    25:05 The Economists are fighting!

    35:02 Not Investment Advice: NY Mayor Bet

    39:49 Econ Illiterate of the Week

    44:23 Econ in the Wild

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • Do you have license for that haircut? What’s more popular socialism or capitalism? and does NPR know what a Depression is? All that on today’s Econ Nerds live.

    Noah Trudeau joins the Nerds to discuss occupational licensing. What is it? Why should you despise it? Which states are the worst offenders? Then we have anews quiz segment. Matt unveils a new segment where he fails to promote the podcast on Twitter. All that plus Econ Illiterate of the Week and Econ in the Wild.

    00:00 Introduction to Occupational Licensing

    09:32 The Impact of Licensing on Accessibility

    11:12 State Patterns in Occupational Licensing

    13:42 Reforming Occupational Licensing

    15:57 News Quiz: Jobs numbers and Capitalism

    30:39 New Segment: Marketing

    34:55 Econ Illiterate of the Week: Planet Money Tiktok

    39:50 Econ in the Wild

    41:38 Sunk Cost Fallacy in Reading

    44:34 Finding the Right Books to Read

    47:52 Econ in the Wild: Beach Flag Systems

    50:16 Asymmetric Information in Dentistry

    Subscribe in podcast form

    https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim discuss various economic topics, starting with the implications of Kawhi Leonard's signing with the LA Clippers. They explore the economics behind sports contracts, price ceilings, and market dynamics. The conversation shifts to a weekly news quiz covering economic regulations, including the de minimis loophole and its impact on trade. They also analyze misconceptions in the housing market, before concluding with a light-hearted discussion about a potential wedding-themed club and navigating child education.

    01:08 Kawhi Leonard's NBA Signing and Economic Implications

    13:22 Weekly News Quiz and Current Events Discussion

    28:02 Ask the Experts: Understanding the De Minimis Exception

    34:46 Econ Illiterate of the Week

    40:16 Paper of the Week: Analyzing College Wage Premiums

    41:55 Econ in the Wild: Weddings and weighted vests

    Subscribe in podcast form

    https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim have their usual news quiz. Then they discuss into the controversial firing of Lisa Cook from the Fed. Matt then summarizes Cook’s most famous paper and the data issues with it. The episode also features a segment on the 'Econ Illiterate of the Week,' focusing on Trump's dealings with Intel. Also discussed: Boeing and AI art.

    00:00 Introduction

    02:46 News Quiz

    08:31 Holographic Crime Prevention in South Korea

    11:06 Federal Reserve and Lisa Cook's Controversy

    16:17 Analysis of Lisa Cook's Research and Its Implications

    18:59 The Controversy Surrounding Lisa Cook's Research

    23:12 Econ Illiterate of the Week

    32:21 AI's Role in Creativity and Personal Connection

    34:53 Consumer Surplus and Deadweight Loss in our personal life

    Subscribe in podcast form

    https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim discuss various economic topics, including the recent turmoil at the Bureau of Labor Statistics (BLS) following the firing of its head. They explore the implications of this event on data accuracy and public trust in economic statistics. Additionally, they introduce a new segment called 'Economic Illiterate of the Week.

    Chapters

    00:00 News Quiz

    14:08 The BLS Firing and Its Implications

    31:37 Economic Illiteracy of the Week

    40:18 Consumer Surplus and DWLs of the week

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • Kelly Vedi from https://kellyvedi.substack.com/ comes on to explore the significance of apprenticeships as a viable training strategy in the U.S., contrasting them with traditional education models. She outlines the historical context, current state, and cultural differences surrounding apprenticeships, emphasizing their potential benefits for both employers and young people.

    We discuss barriers to expanding apprenticeship programs, the role of AI, and the social aspects of vocational training compared to college education.

    00:00 The Importance of Apprenticeships

    05:47 Cultural Differences in Apprenticeship Models

    10:30 Apprenticeships vs. Traditional Education

    17:48 Barriers to Expanding Apprenticeships in the US

    22:19 The Value of Practical Learning

    27:30 Career Exploration Through Apprenticeships

    31:01 The Impact of AI on Apprenticeships

    33:52 The Social Aspects of College vs. Apprenticeships

    38:22 The Need for Viable Alternatives to College

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • In this episode of Econ Nerds Live, we dive into the transformative world of driverless car technology with Andrew Miller, author of the substack: Changing Lanes and the forthcoming book "The End of Driving."

    We start with a transportation quiz before discussing the technological, regulatory and cultural barriers to a driverless car future.

    In the end, we get Andrew's takes on some prediction market driverless car bets.

    Check Andrew's substack here: https://www.changinglanesnewsletter.com/

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim first have a news quiz before discussing Fed Independence and Trump v. Powell.

    The conversation shifts to vacation experiences, highlighting the cost of living and consumer surplus, before wrapping up with a discussion on economic observations from their travels.

    02:46 News Quiz

    14:28 Federal Reserve Independence and History

    20:03 Volcker's Impact and Political Relationships

    22:49 Fed Speak vs. Trump Speak

    26:45 Vacation Talk: Experiences and Observations

    33:49 Consumer Insights from Travel

    38:26 The Price is Right? Camping Economics

    42:58 Consumer Surplus and Deadweight Loss in Daily Life

    Be sure to check out the Econ Nerds on youtube here:

    ⁠https://www.youtube.com/@EconNerds⁠

  • In this episode, we have economic historian Price Fishback on to bust Great Depression myths, including:

    What Hoover actually did

    Whether the New Deal was truly Keynesian

    Unemployment vs. underemployment

    Whether the New Deal was a cohesive policy

    The role of HOLC redlining maps

    Check out Fishback's JEL article here https://www.aeaweb.org/articles?id=10.1257/jel.20161054

    And his book chapter in this volume:

    https://www.amazon.com/Government-American-Economy-New-History/dp/0226251284

    Be sure to check out the Econ Nerds on youtube here:

    https://www.youtube.com/@EconNerds

  • 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

  • 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/

  • 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

  • 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/

  • 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

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  • 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