Stigler Center
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Markets get captured. We study how. Research Center @ChicagoBooth Publication: @ProMarket_org Podcast: https://t.co/tOOHdde6ud
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If AI lets every nurse do work that used to require a doctor, does the nurse get a raise? Nobel Prize-winning economist Daron Acemoglu answers with a distinction he thinks most of the AI debate gets wrong. Full episode of Capitalisn't with Zingales & Bethany McLean below 👇
Stigler Center30,562 Aufrufe • vor 18 Tagen
Across nearly 60 U.S. studies, a 10% minimum wage hike typically results in only a ~1% drop in employment according to Arin Dube. On the latest Capitalisn’t podcast, Dube argues that while traditional economics assumes higher minimum wages destroy jobs, the data shows roughly 90 cents of every dollar increase in earnings reaches workers without triggering widespread job losses. Listen to the full breakdown on the newest episode of Capitalisn't below 👇
Stigler Center49,046 Aufrufe • vor 5 Monaten
For decades, neoclassic economists generally agreed on one thing: maximize the size of the economy and let the politicians worry about how to divide it up. But as Zingales argues in this week's Capitalisn't podcast, we’ve been waiting 40 years for the second part to happen...and it hasn't. Full episode at this link:
Stigler Center13,552 Aufrufe • vor 9 Monaten
When behavior economist Richard H Thaler won the Nobel Prize, he was asked how he’d spend the money. He said: “As irrationally as possible.” Our Capitalisn’t podcast & Chicago Booth Review talks with him about why humans, and even economists, don’t always act as rationally as we would hope. Full episode here:
Stigler Center11,632 Aufrufe • vor 10 Monaten
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