Stigler Center
@StiglerCenter • 6,844 subscribers
Talking free markets and #cronycapitalism. Based @ChicagoBooth. Follow our publication @ProMarket_org. Podcast: https://t.co/tOOHddvHlL RT/Follow≠endorsement
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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 views • 3 months ago
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 views • 7 months ago
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 views • 8 months ago
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