Australia’s Lost Policy Exceptionalism w/ Nicholas Gruen – EP248
Economics Explored
by Alec Krishna
5d ago
Gene Tunny welcomes Dr Nicholas Gruen from Lateral Economics to explore the decline of Australia’s policy exceptionalism. They delve into the era of microeconomic reforms, the role of neoliberalism, and the challenges current policymakers face. Nicholas provides a historical perspective and discusses potential ways forward. He shares insights from his time advising the Hawke and Keating governments, discussing the successes and failures of Australia’s economic reforms from the 1980s and 1990s. If you have any questions, comments, or suggestions, please email us at contact@economicsexplore ..read more
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Government vs. Private Sector: Who Generates Wealth? – EP247
Economics Explored
by Alec Krishna
1w ago
In this episode, Gene Tunny explores the relationship between government spending and wealth creation. He talks about President Obama’s memorable expression, “You didn’t build that”, and how economists think about the role of government and wealth creation. Gene discusses the roles of both the government and private sector in generating wealth and their impact on productivity, GDP and living standards.  If you have any questions, comments, or suggestions, please email us at contact@economicsexplored.com  or send a voice message via https://www.speakpipe.com/economicsexplore ..read more
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Dollar Dominance: Can the US Keep Its Edge? w/ Stephen Kirchner – EP246
Economics Explored
by Alec Krishna
2w ago
This episode features a conversation between Gene Tunny and Stephen Kirchner about the dominance of the US dollar in global finance. They examine the reasons behind the dollar’s strong position, the effects of US fiscal policy and public debt, and the debate over the future role of the US dollar. Kirchner provides insights into how the US’s status as a net oil exporter influences currency dynamics and global trade. If you have any questions, comments, or suggestions, please email us at contact@economicsexplored.com  or send a voice message via https://www.speakpipe.com/economicsexplored ..read more
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Popularizing Keynes: How Alvin Hansen and Evsey Domar Shaped Post-War Macroeconomics – EP245
Economics Explored
by Alec Krishna
3w ago
In this episode, show host Gene Tunny explores the influential theories of economists Alvin Hansen, the “American Keynes”, and Evsey Domar. The episode was inspired by a first edition copy of Hansen and Perloff’s 1944 book “State and Local Finance in the National Economy” that Gene was gifted. It includes a handwritten inscription from Hansen to Domar, his student at Harvard. Key topics include the Keynesian IS-LM model, the secular stagnation hypothesis, and the Harrod-Domar growth model. The episode provides a rich historical context and examines the relevance of these theories to today’s ec ..read more
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Economic Freedom and Efficiency: Lessons from Australia’s Competition Reforms – EP244
Economics Explored
by Alec Krishna
1M ago
Gene Tunny is joined by Darren Brady Nelson to discuss the evolution of competition policy in Australia over the past few decades. Darren draws on his experience as an economist in the NSW Treasury and the Queensland Competition Authority. Gene and Darren reflect on the successes of the original National Competition Policy reforms and assess the more limited scope of the subsequent competition policy review. Darren analyzes CPI data to understand rising living costs and argues for reducing government interventions. The conversation also covers unintended policy consequences (e.g. fraud in disa ..read more
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Helping Seattle Aquarium & Others Go to Net Zero and Beyond w/ Daniel Lawse, Verdis Group – EP242
Economics Explored
by Alec Krishna
1M ago
Daniel Lawse, Chief Century Thinker at Verdis Group, helps many organizations, such as Seattle Aquarium, become more sustainable and contribute positively to the environment. Daniel joins Gene Tunny to discuss how organisations can make meaningful climate and environmental actions. They cover so-called regenerative practices, the journey from sustainability to net-zero emissions, and the crucial role of long-term strategic planning. They also discuss the degrowth movement and how Warren Buffett’s annual Berkshire Hathaway meeting boosts local businesses in Omaha, where Verdis Group is based.&n ..read more
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Unveiling Shrinkflation: How Companies Sneak in Price Hikes – EP241
Economics Explored
by Alec Krishna
1M ago
Consumers have noticed bags of chips, chocolates, and many other products have shrunk, but prices have not come down. This episode of Economics Explored features a detailed discussion on shrinkflation with Gene Tunny and Arturo Espinoza Bocangel. They analyze various examples of shrinkflation and its impact on the cost of living. The episode also considers the potential for regulatory and other measures to address this practice. For instance, a US Senator wants to outlaw shrinkflation, and a French supermarket chain puts a sticker on shelves identifying shrunken products. Gene and Arturo also ..read more
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Incubating Startups at the Intersection of Insurance and Technology – Insurtech Gateway w/ Stephen Brittain – EP240
Economics Explored
by Alec Krishna
1M ago
Stephen Brittain, co-founder of Insurtech Gateway, explains how insurance technology, ‘insurtech,’ provides solutions to real-world problems. From aiding farmers in India to deal with the ‘hot cow’ problem to rethinking commercial flood insurance in the US, startups incubated by Insurtech Gateway are crucial players in helping people and businesses better handle risks. Please contact us with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored.  You can listen to th ..read more
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How Good was Adam Smith? 4 Tax Maxims from 250 Years Ago that are Still Fresh – EP239
Economics Explored
by Alec Krishna
2M ago
This episode delves into Adam Smith’s four maxims of taxation and examines their relevance in today’s economic environment. Host Gene Tunny explores the balance between efficiency and equity, discussing historical perspectives and contemporary debates, such as the proposed billionaire tax. Please contact us with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored.  You can listen to the episode via the embedded player below or via podcasting apps including Goo ..read more
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Reagan, Supply-side Economics, and Trump w/ Ed Oswald – EP238
Economics Explored
by Alec Krishna
2M ago
This episode explores the profound influence of Reaganomics and its enduring legacy in American economic policy with tax expert and former US Treasury attorney Ed Oswald. He is the author of a new book, “From Ronald to Donald: How the Myth of Reagan Became the Cult of Trump”. Oswald discusses the transition from Reagan’s tax reforms to Trump’s tax policies, highlighting the continuity in supply-side economics and its implications for fiscal policy and the national debt. Please contact us with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or s ..read more
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