Econtalk

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Synopsis

EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Host Russ Roberts, of the Library of Economics and Liberty and the Hoover Institution, draws you in with lively guests and creative repartee. Topics include health care, business cycles, economic growth, free trade, education, finance, politics, sports, book reviews, and the curiosities of everyday decision-making. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions.

Episodes

  • Erik Hoel on Consciousness, Free Will, and the Limits of Science

    24/07/2023 Duration: 01h07min

    Neuroscientist and author Erik Hoel talks about his book, The World Behind the World, with EconTalk's Russ Roberts. Is it possible to reconcile the seemingly subjective inner world of human experience with the seemingly objective outer world of observation, measurement, and science? Despite the promise of neuroscience, Hoel argues that this reconciliation is surprisingly difficult. Join Hoel and Roberts for a wide-ranging exploration of what it means to be human and the limits of science in helping us understand who we are.

  • Lydia Dugdale on the Lost Art of Dying

    17/07/2023 Duration: 01h18min

    Physician and author Lydia Dugdale wants to teach us a better way to die. She argues that this will help us find a better way to live. Listen as she discusses her book, The Lost Art of Dying, with EconTalk's Russ Roberts.

  • Marc Andreessen on Why AI Will Save the World

    10/07/2023 Duration: 01h20min

    Marc Andreessen thinks AI will make everything better--if only we get out of the way. He argues that in every aspect of human activity, our ability to understand, synthesize, and generate knowledge results in better outcomes. Listen as the entrepreneur and venture capitalist speaks with EconTalk's Russ Roberts about AI's potential to improve the world and why those who fear that AI will destroy humanity are wildly over-reacting.

  • James Rebanks on the Shepherd's Life

    03/07/2023 Duration: 01h14min

    James Rebanks's family has raised sheep in the same small English village for at least four centuries. There are records of people with his same last name going back a few hundred more. Even his sheep are rooted in place: their DNA is from Viking times. It's enough to make anyone feel insignificant--and according to Rebanks, that's a wonderful thing. Listen as the author of The Shepherd's Life speaks with EconTalk's Russ Roberts about the deep pleasures and humbling privilege of being a sheep farmer.

  • Jacob Howland on the Hidden Human Costs of AI

    26/06/2023 Duration: 01h21min

    In the early 1900s, the philosopher Henry Adams expressed concern about the rapid rate of social change ushered in by new technologies, from the railways to the telegraph and ultimately airplanes. If we transpose Adams's concerns onto the power of artificial intelligence--a power whose rate of acceleration would have exceeded his wildest dreams--you might feel a bit uneasy. Listen as philosopher Jacob Howland of UATX speaks with EconTalk's Russ Roberts about why too much leisure is at best a mixed blessing, and how technology can lead to intellectual atrophy. They also speak about the role of AI in education and its implications for that most human of traits: curiosity. Finally, they discuss Howland's biggest concern when it comes to outsourcing our tasks, and our thinking, to machines: that we'll ultimately end up surrendering our own liberty.

  • Michael Munger on Obedience to the Unenforceable

    19/06/2023 Duration: 01h10min

    Civilization and the pleasantness of everyday life depend on unwritten rules. Early in the 20th century, an English mathematician and government official, Lord Moulton, described complying with these rules as "obedience to the unenforceable"--the area of personal choice that falls between illegal acts and complete freedom. Listen as economist Michael Munger talks with EconTalk's Russ Roberts about the power and challenge of the unenforceable.

  • Rebecca Struthers on Watches, Watchmaking, and the Hands of Time

    12/06/2023 Duration: 01h10min

    Called "a poem in clockwork," the self-winding Breguet watch made for Marie Antionette was meant to be the most beautiful example of mechanical art in the world. Yet when she was imprisoned in the Tour du Temple, she wanted only a simple watch that would mark the passing of the hours until her meeting with the guillotine. Listen as Rebecca Struthers, the watchmaker, antiquarian horologist, and author of the Hands of Time talks with EconTalk's Russ Roberts about how our need to keep time has shaped watchmaking history, and how, in turn, the development of watches has shaped human culture and society. Other topics include the precise and painstaking craft of bespoke watchmaking and the challenge of restoring watches from another time.

  • Les Snead on Risk, Decisions, and Football

    05/06/2023 Duration: 01h17min

    After nearly 12 years as general manager for the L.A. Rams, Les Snead has learned the power of humility when it comes to making big decisions--who to draft, who to hire as head coach, and how to create a shared vision for his team. Listen as he and EconTalk's Russ Roberts discuss what it's like to manage a professional football team along with the intense pressures that come with the territory. An episode for every fan who has played Monday-morning quarterback, and all of us who wonder how those who play for high stakes survive and thrive.

  • Luca Dellanna on Risk, Ruin, and Ergodicity

    29/05/2023 Duration: 01h07min

    Author and consultant Luca Dellanna talks with EconTalk host Russ Roberts about the importance of avoiding ruin when facing risk. Along the way Dellanna makes understandable the arcane concept of ergodicity and shows the importance of avoiding ruin in every day life.

  • Casey Mulligan on Vaccines, the Pandemic, and the FDA

    22/05/2023 Duration: 01h08min

    When there's no vaccine on the market, people will look for other ways to be safe, including school closures and the handwashing of groceries. Listen as economist Casey Mulligan of the University Chicago talks with EconTalk's Russ Roberts about the costs of delaying a vaccine, the hidden costs of FDA regulation, and what we learned and failed to learn about the Covid pandemic.

  • Tyler Cowen on the Risks and Impact of Artificial Intelligence

    15/05/2023 Duration: 01h51s

    Economist Tyler Cowen of George Mason University talks with EconTalk's Russ Roberts about the benefits and dangers of artificial intelligence. Cowen argues that the worriers--those who think that artificial intelligence will destroy mankind--need to make a more convincing case for their concerns. He also believes that the worriers are too willing to reduce freedom and empower the state in the name of reducing a risk that is far from certain. Along the way, Cowen and Roberts discuss how AI might change various parts of the economy and the job market.

  • Eliezer Yudkowsky on the Dangers of AI

    08/05/2023 Duration: 01h17min

    Eliezer Yudkowsky insists that once artificial intelligence becomes smarter than people, everyone on earth will die. Listen as Yudkowsky speaks with EconTalk's Russ Roberts on why we should be very, very afraid, and why we're not prepared or able to manage the terrifiying risks of artificial intelligence.

  • Patrick House and Itzhak Fried on the Brain's Mysteries

    01/05/2023 Duration: 01h07min

    While operating on a 16-year-old girl who suffered from severe seizures, neurosurgeon Itzhak Fried stumbled on the region of the brain that makes us laugh. To neuroscientist Patrick House, Fried's ability to produce laughter surgically raises deep and disconcerting questions about how the brain works. Join Fried, House, and EconTalk's Russ Roberts for a live broadcast from Jerusalem's Shalem College that is a sequel of sorts to House's earlier appearance on EconTalk. House and Fried discuss the mystery of consciousness and try to square the biological bases for emotions with the circle of our humanity.

  • Michael Munger on the Perfect vs. the Good

    24/04/2023 Duration: 01h14min

    Is the perfect really the enemy of the good? Or is it the other way around? In 2008, Duke University economist Michael Munger ran for governor and proposed increasing school choice through vouchers for the state's poorest counties. But some lovers of liberty argued that it's better to fight for eliminating public schools instead of trying to improve them. Munger realized his fellow free-marketers come in two flavors: directionalists--who take our political realities as given and try to move outcomes closer to the ideal--and destinationists--who want no compromises with what they see as the perfect outcome. Listen as Munger talks to EconTalk's Russ Roberts about two different strategies for achieving political goals. Along the way, they discuss rent control, the minimum wage, and why free-market policies are so rare.

  • Dana Gioia on Poetry, Death and Mortality

    17/04/2023 Duration: 58min

    When he was a child, poet Dana Gioia's mother would come home from a long day of work and recite poems while she cleaned. It was a way, he realized later, for her to express the feelings she didn't want to describe directly, and to vent her sorrows without burdening her son. This, he believes, is what makes poetry so compelling: It's the secret language of emotions, a bit of magic that gets us through the day. Listen as Gioia speaks with EconTalk's Russ Roberts about poems, mortality, and loved ones who died too young. Gioia also explains the fundamental role of allusions in poems, and how--if they’re really good--they have the power to summon the dead.

  • Daniel Gordis on Israel and Impossible Takes Longer

    10/04/2023 Duration: 01h27min

    As Israel turns 75, has it fulfilled the promise of its founders? Daniel Gordis of Shalem College talks about his book, Impossible Takes Longer, with EconTalk's Russ Roberts looking at the successes and failures of Israel. Topics discussed include the history of Zionism, the plight of the Palestinians, the Jewishness of the Jewish state, and the current debate in Israel over judicial reform.

  • Erik Hoel on the Threat to Humanity from AI

    03/04/2023 Duration: 01h24min

    They operate according to rules we can never fully understand. They can be unreliable, uncontrollable, and misaligned with human values. They're fast becoming as intelligent as humans--and they're exclusively in the hands of profit-seeking tech companies. "They," of course, are the latest versions of AI, which herald, according to neuroscientist and writer Erik Hoel, a species-level threat to humanity. Listen as he tells EconTalk's Russ Roberts why we need to treat AI as an existential threat.

  • Kevin Kelly on Advice, AI, and Technology

    27/03/2023 Duration: 01h26min

    Photographer, author, and visionary Kevin Kelly talks about his book Excellent Advice for Living with EconTalk's Russ Roberts. His advice includes how to have a deep conversation, why it's better to control time than money--and whether, in the end, we should give advice in the first place. Other topics of discussion include the right object of our aspirations, the reason for optimism when it comes to technology, and why Kelly is not worried about AI.

  • Megan McArdle on the Oedipus Trap

    20/03/2023 Duration: 01h14min

    When physician Walter Freeman died in 1972, he still believed that lobotomies were the best treatment for mental illness. A pioneer in the method, he was a deeply confident and charismatic man who eagerly spread the technique in America, long after the rise of alternative treatments that were less destructive. Listen as journalist Megan McArdle and EconTalk's Russ Roberts discuss what McArdle calls the "Oedipus Trap": mistakes that no one can live with, even if they were innocently made, and how admitting such mistakes to ourselves is nearly impossible.

  • Zach Weinersmith on Beowulf and Bea Wolf

    13/03/2023 Duration: 01h03min

    Tolkien read it as a tale about mortality. The poet David Whyte said it was a metaphor for the psychological demons deep in our minds. And that, insists the cartoonist and writer Zach Weinersmith, is precisely Beowulf's appeal: Its richness opens the door to endless interpretation. Listen as the author of Bea Wolf, a graphic novel for children based on the Old English poem, speaks with EconTalk's Russ Roberts about poetry in general, Beowulf in particular, whether we should require students to memorize poems, and the value of stories for children even without a moral lesson.

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