Interview: Richard Sylla on Alexander Hamilton

H1B Visas, Apples and Hot Yoga

In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slunum, along with guest Rob Raffety, debate the new $100,000 fee. Then we have our news quiz featuring apples and our old friend EJ Antoni, PhD. Then we our economic illiterates of the week and a poorly named segment. Chapters 02:49 Discussion on H1B Visa Fee Proposal 07:01 Economic Implications of H1B Visa Holders 22:11 ChatGPT Conversations: Interesting or Boring? 26:12 Weekly News Quiz: Government Shutdown Insights 44:09 Poorly Named Economic Concepts 47:29 Econ Illiterates of the Week 52:48 Econ in the Wild: Real-Life Applications Subscribe in podcast form https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ Be sure to check out the Econ Nerds on youtube here:  ⁠https://www.youtube.com/@EconNerds⁠

Interview: Richard Sylla on Alexander Hamilton

Prof. Richard Sylla tells how Alexander Hamilton, a poor immigrant from the West Indies, dreamed up and then revolutionized America’s financial system, paving the way for 250 years of growth. Then Prof. Sylla tells us what the architect of the U.S. National debt would think about today’s national debt. 00:00 Hamilton's Early Life and Move to America 00:51 The Differences Between the West Indies and American Colonies 04:56 Hamilton's Education and Early Writings 08:25 Hamilton's Military Career and Role in the Revolution 11:31 Hamilton's Financial Insights and Strategies 20:32 Hamilton's Role in the Constitution's Ratification 23:30 Key Components of a Modern Financial System 27:05 The Room Where It Happened: Political Bargaining 34:53Establishing the Bank of the United States 39:20 Hamilton's Perspective on Modern Fiscal Policy Be sure to check out the Econ Nerds on youtube here:  ⁠https://www.youtube.com/@EconNerds⁠

Recession Fears, Firewood and Betting on the NY Mayor

* How can you know if there is a recession coming? Are there some secret economic indicators? * News Quiz! Coffee Prices and Chinese EVs * The economists are fighting over firewood * Not Investment Advice: Betting on the NY Mayor race * Econ in the Wild: Library books and Trump joins the trivia team 01:09 Recession Fears and Economic Indicators 04:57 Alternative Indices for Predicting Recessions 09:03 Current Economic Data and Concerns 14:10 News Quiz 25:05 The Economists are fighting! 35:02 Not Investment Advice: NY Mayor Bet 39:49 Econ Illiterate of the Week 44:23 Econ in the Wild Be sure to check out the Econ Nerds on youtube here:  ⁠https://www.youtube.com/@EconNerds⁠

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 Subscribe in podcast form https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ Be sure to check out the Econ Nerds on youtube here:  ⁠https://www.youtube.com/@EconNerds⁠

Kawhi Salary, De Minimis, DeForestation

In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim discuss various economic topics, starting with the implications of Kawhi Leonard's signing with the LA Clippers. They explore the economics behind sports contracts, price ceilings, and market dynamics. The conversation shifts to a weekly news quiz covering economic regulations, including the de minimis loophole and its impact on trade. They also analyze misconceptions in the housing market, before concluding with a light-hearted discussion about a potential wedding-themed club and navigating child education. 01:08 Kawhi Leonard's NBA Signing and Economic Implications 13:22 Weekly News Quiz and Current Events Discussion 28:02 Ask the Experts: Understanding the De Minimis Exception 34:46 Econ Illiterate of the Week 40:16 Paper of the Week: Analyzing College Wage Premiums 41:55 Econ in the Wild: Weddings and weighted vests Subscribe in podcast form https://open.spotify.com/show/6W1pgHpoGGhejB5CkrlHzZ?si=uhokpBurRMShTSBuR2pMjQ Be sure to check out the Econ Nerds on youtube here:  ⁠https://www.youtube.com/@EconNerds⁠