Economics, Applied

Prescription for Disaster: Drug Deaths in America | Steven J. Davis, William Evans, Ethan Lieber | Hoover Institution

Steve speaks with William Evans and Ethan Lieber about the heartbreaking rise of deaths due to drug misuse in the United States. A major shift in prescription practices for pain management after 1995 drove higher levels of opiate use and misuse and contributed to an explosion of illicit opiates in the 21st century. It’s a disturbing story of professional misjudgments, deceptive marketing, policy mistakes, and unintended consequences. Reforms in prescription practices, while overdue, will mitigate but not solve current-day problems of drug abuse and misuse. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied [https://www.hoover.org/podcasts/economics-applied?utm_source=podbean&utm_medium=description&utm_campaign=ea_audio_description].

Chokepoints and Supply-Chain Vulnerabilities | Steven J. Davis, Soumaya Keynes, Chad Bown | Hoover Institution

Cross-border supply chains bring great efficiencies but also present vulnerabilities that adversaries can exploit. How should we think about these vulnerabilities and their implications for economic and national security? How can we identify, assess, and respond to these vulnerabilities? Steve asks two noted trade policy experts, Chad Bown and Soumaya Keynes. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied [https://www.hoover.org/podcasts/economics-applied?utm_source=podbean&utm_medium=description&utm_campaign=ea_audio_description].

Should States Enforce Noncompete Agreements? | Steven J. Davis, Evan Starr | Hoover Institution

Steven Davis speaks to Evan Starr, a leading expert on the economics of noncompete clauses. They discuss the prevalence of noncompete clauses in employment agreements; the pros and cons for employers, workers, and society; where to draw the line in disallowing noncompete clauses; the role of antitrust in policing noncompete clauses; their effects on the pace of innovation; and whether the United States should adopt a national policy on noncompete clauses. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied [https://www.hoover.org/podcasts/economics-applied?utm_source=podbean&utm_medium=description&utm_campaign=ea_audio_description].

Online Buddies for Jobseekers | Steven J. Davis, Michèle Belot, Philipp Kircher | Hoover Institution

When job loss leads to a long spell of unemployment, it causes a big blow to self-esteem, a lasting drop in living standards, and serious hardship for the job loser’s family. Is there a low-cost way to help job losers navigate the search process and find rewarding new work? Yes, say two economists at Cornell University, based on their insightful new study. Steve discusses the study and underlying thinking with the authors. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied [https://www.hoover.org/podcasts/economics-applied?utm_source=podbean&utm_medium=description&utm_campaign=ea_audio_description].

The Economic Price of War | Steven J. Davis, Jonathan Federle, Moritz Schularick | Hoover Institution

How does war affect national output, productivity, and consumer prices in belligerent countries and economies worldwide? Two economists, Jonathan Federle and Moritz Schularick, investigate how war and its intensity relate to national output, productivity, consumer prices, and international trade. They exploit 150 years of data for 60 countries. Steven Davis chats with them about what they learned. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied [https://www.hoover.org/podcasts/economics-applied?utm_source=podbean&utm_medium=description&utm_campaign=ea_audio_description].