Episodes

  • Introducing: Think Like An Economist
    Jul 16 2020

    Think Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.

    Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    2 mins
  • S E1: Why Should You Think Like an Economist?
    Aug 4 2020

    Want to make ‘no regrets decisions’? This podcast will teach you how! Betsey Stevenson and

    Justin Wolfers are on a mission to equip everyone with key tools from economics that can

    truly transform your life: from career dilemmas and financial conundrums to sorting out

    complicated problems in your personal life, economics will help you. Let’s get stuck in.

    Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    15 mins
  • S E2: Core Principle 1 - The Cost-Benefit Principle - The Pros & Cons
    Aug 18 2020

    Making a pros-and-cons list when you’re stuck isn’t a bad piece of advice, it’s actually a staple of Thinking Like An Economist. Betsey Stevenson and Justin Wolfers walk us through thinking about the costs and benefits of every decision, and also warn of red flags that can lead us astray. 

    Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    18 mins
  • S E3: Core Principle 2 - The Opportunity Cost Principle - Or What?
    Aug 18 2020

    What would you do instead of taking that dream job? What would you eat for dinner instead of that burger? And how would you spend your lunch hour if not at the gym? Betsey Stevenson and Justin Wolfers get us to think about the next best alternative to anything, and how that can transform the decisions we make. 

    Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    18 mins
  • S E4: Core Principle 3 - The Marginal Principle - Just One More?
    Aug 18 2020

    How many hours should you work? How many people should you hire? How many children should you have? Betsey Stevenson and Justin Wolfers teach us how to make decisions about ‘how many’ of pretty much anything and in any circumstance.

    Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.


    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    15 mins
  • S E5: Core Principle 4 - The Interdependence Principle - No Decision is an Island
    Aug 18 2020

    Buying an extra cup of coffee means less money for a cup of tea. It also means less coffee for the next person, it will change the prices of milk and sugar and effect the countries which make the coffee beans for your cup of joe. Betsey Stevenson and Justin Wolfers teach us about how our decisions are interlinked, and how this can help you to make better decisions. 

    Co-host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    12 mins
  • S E6: Is now the time to improve yourself?
    Aug 25 2020

    Betsey & Justin are getting ready for another year of teaching economics. And with all the recent challenges in the world, Betsey and Justin have some real-world advice for you - does investing in skills or education make sense right now?

    We'll be back on September 8th, looking at that old favourite - Demand.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    6 mins
  • S E7: Juggling Work and Childcare During a Pandemic
    Sep 2 2020

    Betsey and Justin help you figure out how to decide how much time to spend working versus looking after your family, when everyone needs more attention these days. Could the decisions you make now affect your career in the future?

    We’ll be back with a full episode on September 8th, when we’ll be looking at the decisions you make as a buyer - that foundation of the economy, Demand.

    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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    8 mins