• The New Keynesians and the Nobel Prize
    Oct 16 2026
    Nobel Prize in Economic Sciences was awarded to two Americans, Michael Woodford and Robert Hall, for developing "new macroeconomic models that have significantly improved our ability to implement effective stabilization policy."Adam and Cameron discuss. Plus: The difference between neo-Keynesianism and new Keynesianism. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    47 mins
  • Diesel
    Oct 9 2026
    Diesel prices are hitting record highs, with the average price per gallon in the United States at $6.43. Adam and Cameron discuss the history of the fuel and the impact the spike is having around the world. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    43 mins
  • Gridlock in the U.S. Housing Market
    Oct 2 2026
    The housing market in the United States is in gridlock these days, largely because of high interest rates. The average 30-year fixed mortgage rate is now above 7 percent, making it difficult for would-be first-time buyers to get into the market. Adam and Cameron discuss the broader implications for the U.S. economy. Also on the show: Brazil’s presidential election Learn more about your ad choices. Visit megaphone.fm/adchoices
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    51 mins
  • Francis Fukuyama
    Sep 25 2026
    Adam and Cameron discuss the newly released memoir of Francis Fukuyama, the American political scientist whose influential paper in 1989—which was later expanded into a book—posited that liberal democracy had won the world’s ideological battle. The thesis was heralded as prescient when the Berlin wall fell a short time later but has been subjected to much criticism over the years. In the memoir, In the Realm of the Last Man, Fukuyama sets out to account for events that have transpired since 1989. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    46 mins
  • AI Regulation
    Sep 18 2026
    The head of Anthropic last week called on the U.S. government to regulate AI companies to avoid catastrophic outcomes. But, as Adam and Cameron point out, the conversation itself raises broader questions about the structure of the AI marketplace, the efficacy of existing liability laws, and the very nature of capitalism. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    36 mins
  • Germany’s AFD
    Sep 11 2026
    The far-right Alternative for Germany’s recent landslide victory in a small state in eastern Germany is part of a broader political story unfolding across Europe. It is also—and perhaps primarily—an economic story. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr and 1 min
  • Back to School
    Sep 4 2026
    Nearly 1.5 billion children will attend primary or secondary school around the world this year—about 1 in 6 people on the planet. Adam and Cameron discuss the economics around sending children to school. Also on the show: The economics of Lichtenstein. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    52 mins
  • What's Up With the U.S. Bond Market?
    Aug 28 2026
    The yield on 30-year U.S. Treasury bonds has been spiking lately, at one point reaching its highest level in some two decades. That means that the government is paying more to borrow—as government debt officially passed the $40 trillion mark this week. Adam and Cameron discuss. Also on the show: Adam returns from the Venice Biennale. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    59 mins