Occupational Licenses, Capitalism/Social popularity and more with Noah Trudeau

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

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