Perverse Incentives Podcast
In this episode, we learn about perverse incentives. Incentives are the rewards you get for engaging in certain behaviours. They aren't always material rewards, and they can be created unintentionally. They can also have unexpected and negative...
Paradox of Thrift Podcast
When times are tough, individuals and families often try to save a little extra in case they need it down the road. Politicians often talk about this kind of "belt tightening" for governments as well. But economists who follow the theories of John...
Many economists think of the world as a great big marketplace. But sometimes, there are costs in the marketplace that aren't being paid by anyone. For example, when a factory makes widgets, and in the process also creates air pollution for people...
Offshore Labour Podcast
In this episode, we ask an economist, an activist, and a former sweatshop worker a question: as consumers, can we help improve the lives of sweatshop workers by boycotting sweatshop goods? You'll hear their answers in Episode Six.
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