Podcast Episodes
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What a Bakery Can Tell Us About the Economy Right Now
We talk a lot about macroeconomic trends on the podcast. What's happening with inflation? Is the labor market too hot? Will there be a recession next…
3 years, 3 months ago
Where Things Stand Now With Inflation and the Fed
Last week was a big one. On Tuesday, we got a CPI report that came in substantially cooler than expected. Then on Wednesday, the Fed hiked 50 basis p…
3 years, 3 months ago
Younger and Menand Explain How We Got the Modern Banking System
The US financial system today is pretty much taken as a given. We have the Federal Reserve, which sets interest rates and provides various liquidity …
3 years, 3 months ago
This Is What We Know About How Tether Works
2022 has seen numerous crypto disasters, most notably FTX. Also the price of most coins has tumbled massively. One coin that's done fine is the stabl…
3 years, 3 months ago
What Extreme Weather Events Are Doing to Global Insurance Markets
Heatwaves, droughts, hurricanes, floods... in a year of commodity shortages and supply chain disruptions, a host of extreme weather events have added…
3 years, 4 months ago
Brad DeLong on the FTX Collapse and the South Sea Bubble
We're in the aftermath of an extraordinary bubble in cryptocurrencies and the collapse of FTX is a defining chapter of the industry's turmoil. But wh…
3 years, 4 months ago
The Covid Protests in China and Why They Happened Now
China has seen a surge in protests in cities all around the country, targeted at the country's Covid Zero policies. But nearly three years into this …
3 years, 4 months ago
This Is What Happens to Silicon Valley in a Downturn
The US economy may not be in a recession, but Silicon Valley, which had a mega-boom throughout the 2010s, is in a downturn. Tech stocks have tanked a…
3 years, 4 months ago
Jim Chanos on Crypto, Tech and the Golden Age of Fraud
Earlier this year we talked to the legendary short seller Jim Chanos, during which he warned of more pain ahead for speculative areas of tech. That c…
3 years, 4 months ago
Truckers Are Working Countless Hours That They're Not Getting Paid For
For years we've been hearing about a persistent shortage of truck drivers. But what if we're thinking about it wrong? What if the issue is that the s…
3 years, 4 months ago