Episodes
In the US, redistricting is done by the party in power. If you wanted to maximise the advantage to your side, how would you do it? And is that happening in practice? Allison Stashko talks to Tim Phillips about whether gerrymandering in the US is crossing the line. 
Published 12/08/23
In 1970 Milton Friedman told us that “The Social Responsibility of Business Is to Increase Its profits.” Faced with climate change, is that still the right objective for a company, and what could replace it? Dirk Schoenmaker, one of the authors of “Corporate Finance for Long-Term Value” talks to Alissa Kleinnijenhuis and Tim Phillips.
Published 12/05/23
Our financial system is supposed to be more resilient than before the global financial crisis, but that didn’t save Silicon Valley Bank, Signature Bank or First Republic. So what went wrong, and can we fix it? Steve Cecchetti and Kim Schoenholtz suggest to Tim Phillips how regulators can make banking safer.
Published 12/01/23
In the 1930s we didn’t know that drinking alcohol during pregnancy could affect the health of a baby. David Jacks of the National University of Singapore has used the repeal of Prohibition to investigate the impact on the long-term health of adults who were in utero when some mothers could drink alcohol, and some could not. 
Published 11/24/23
In today’s polarised atmosphere, violent attacks on politicians are not unusual, and women are more likely to be the victims. Are they victimised because they choose different policies, or just because of their gender? Gianmarco Daniele has investigated violence against women in Italian politics, and he talks to Tim Phillips about his disturbing findings.
Published 11/17/23
Climate change will have an impact on the natural environment, and the natural environment will affect the rate of climate change. Is biodiversity risk reflected in asset prices? Is it possible to use private capital to finance biodiversity conservation and restoration, and what can that achieve? Alissa Kleinnijenhuis and Tim Phillips talk to Johannes Stroebel and Caroline Flammer.
Published 11/14/23
By automating non-routine tasks, AI may have a profound effect on the jobs we do, and even whether those jobs exist. How much should we fear, and how much should we welcome this change? In the second of our podcasts from the Chicago Booth School Economic Experts Conference 2023, Tim Phillips speaks to John Van Reenen about how AI will affect our working lives.
Published 11/10/23
When the Soviet Union collapsed, the narrative was that we were at “the end of history”. Now we have changed our minds: globalization is in retreat, and we're entering a new Cold War. Is this new narrative true? At the Chicago Booth School Economic Experts Conference 2023, Tim Phillips speaks to Beata Javorcik and Sergei Guriev about shifting geopolitics and the global economy.
Published 11/03/23
New series: climate finance is an essential part of the fight against climate change. Join co-hosts Alissa Kleinnijenhuis and Tim Phillips for the important debates in climate finance, with the researchers and policymakers who are making a difference. In our introductory episode: What problems can climate finance solve, and how do we solve them? With guests Patrick Bolton, Viral Acharya, and Stefano Giglio.
Published 10/31/23
On social media and in interviews, voters and their representatives sometimes seem full of rage. Is the current rise in populism driven by this anger, or is that conclusion too simplistic? Klaus Desmet tells Tim Phillips about what research into America’s angriest places tells us.
Published 10/27/23
The Inflation Reduction Act of 2022 provided $350 billion in tax credits and other incentives for clean energy technologies in the US. So how did American policymakers respond when South Korean government officials declared it was a “betrayal”? Chad Bown of the Peterson Institute tells Tim Phillips the strange-but-true tale of how the problem was fixed, and what it tells us about protectionist trade policy in a global crisis.
Published 10/20/23
Scientists are affected by war, like anyone else. Their work is disrupted, they are placed in danger, they may become refugees or casualties. What has been the impact of the Russian invasion of Ukraine on its scientists? Ina Ganguli talks to Tim Phillips.
Published 10/13/23
Estimates of potential growth – the best an economy can do – drive development and poverty reduction. Lower potential is a problem that constrains policymakers and so affects all of us. New research analyses the long downward trend in potential growth, makes projections for the next decade, and suggest ways we can boost it. Sinem Kilic Celik talks to Tim Phillips.
Published 10/06/23
What part does group identity play in who we choose to vote for? In every democracy it seems as if our leaders are using identity politics to gain new voters or define a distinct political agenda, but what does that mean for economic policies and polarisation?  Guido Tabellini tells Tim Phillips about his research into the influence of identity on political alignment in the US.
Published 09/29/23
Opposition to asylum seekers has become a political and social media hot button issue in every high-income country. But does their presence also depress rental values for neighbouring properties? Marius Brülhart tells Tim Phillips about new research from Switzerland that uncovers the effect of immigration on rents.
Published 09/22/23
When suddenly it became quicker and cheaper to travel by train, did this help inventors to work together, and did it mean more and better innovation? Thor Berger and Erik Prawitz – who work 1 hour 50 minutes apart by train, investigated the impact of Sweden’s rail network.
Published 09/15/23
Online share trading makes it possible for all of us to diversify our investments, but social media might encourage us to pile into bad investments. Hans Hvide has researched the impact of the arrival of broadband on the investment habits of Norway’s population, and he has some good news for Tim Phillips.
Published 09/08/23
The way that social scientists define populism might lead them to simplistic conclusions that aren’t supported by the historical record. Kevin O’Rourke tells Tim Phillips about the weak links between populism and nativism, and how economists have sometimes been on the wrong side of important policy debates with the people they call populists.
Published 09/01/23
When India’s post-colonial constitution gave everyone the right to vote, who used that right? And what effects did this reform have on other aspects of democracy? Lakshmi Iyer tells Tim Phillips about the historical link between enfranchisement and democracy in India.
Published 08/25/23
Investors do more business than we would expect close to home. Can Germany’s car licence plates explain what drives local bias in investment? Thilo Huning and Fabian Wahl take Tim Phillips on an unlikely journey.
Published 08/18/23
We are living longer, and so studying the consequences of changes to our income and health after we stop working is becoming more important. Jeanne Commault tells Tim Phillips how income and health shocks affect seniors, and whether the impact of these changes is the same as for working-age people.
Published 08/11/23
From the PSE-CEPR Policy Forum at the Paris School of Economics. One route out of poverty is to change external conditions: provide assets, jobs, healthcare. But can we also treat depression, or low self-esteem, or low aspirations, and does that help poverty reduction? Dean Karlan of Northwestern University tells Tim Phillips what new research is telling us – and what we don’t yet know. 
Published 08/04/23
Recorded live at the PSE-CEPR Policy Forum at the Paris School of Economics. We all learn that high inflation creates price distortions. But it has been impossible to observe that effect directly -- until now. Klaus Adam of the University of Mannheim has used price data to identify those elusive distortions, and he tells Tim Phillips how he did it.
Published 08/02/23
Recorded live at the PSE-CEPR Policy Forum at the Paris School of Economics. Does economic inequality create political inequality? Julia Cagé tells Tim Phillips about the strategies that rich people can use to influence the political debate, how democracy is undermined when the wealthy have access to power – and how we can change the system to restore the confidence of voters.
Published 07/28/23
Recorded live at the PSE-CEPR Policy Forum at the Paris School of Economics. India is still one of the five worst countries in the world for the health and survival of women. The recent introduction of massive health insurance programmes should help close this deadly gender gap. But is that happening? Pascaline Dupas of Stanford talks to Tim Phillips.
Published 07/26/23