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The Pie: An Economics Podcast: Daily Summaries Delivered
by Becker Friedman Institute at UChicago
Economists are always talking about The Pie – how it grows and shrinks, how it’s sliced, and who gets the biggest shares. Join host Tess Vigeland as she talks with leading economists from the University of Chicago about their cutting-edge research and key events of the day. Hear how the economic pie is at the heart of issues like the aftermath of a global pandemic, jobs, energy policy, and more.
Latest Episodes
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- 6 days ago24 min
Do Age Verification Laws Work? Evidence from Adult Websites
Since 2023, 25 states have passed laws requiring adult websites to verify visitors' ages. Meanwhile, total time spent on these sites has fallen by only about 10%. In this episode, UChicago economist Matthew Brown discusses new research that uses browsing data to trace where that traffic went, with implications for with implications for how policymakers regulate the internet more broadly.
- 2 weeks ago1h 7m
The Everywhere Millionaire: Who's Really Rich in America
Roughly 3 million Americans own private businesses and have a net worth of at least $5 million. Together they hold more than $50 trillion, about 13 times the wealth of the entire Forbes 400. In this episode, Chicago Booth economist Eric Zwick discusses The Everywhere Millionaire, his new book with Owen Zidar, which draws on a decade of tax data to characterize this class of car dealers, dentists, and beer distributors in towns across the country.
- Sep 29, 202634 min
Why Your Raise Didn't Keep Up with Inflation
By 2024, inflation was falling and unemployment was low, yet consumer confidence had sunk to levels last seen during the Great Recession. In this episode, Erik Hurst of Chicago Booth and his co-author Christina Patterson draw on payroll records for roughly 16 million workers to show how wages fell behind prices during the recent inflationary period and haven't caught back up.
- Sep 15, 202643 min
But the Cool Kids are Still Online: Behind Australia's Failed Social Media Ban
Last December, Australia banned social media for anyone under 16. Four months later, only one in four 14- and 15-year-olds were complying, a share that has since fallen further. In this episode of The Pie, Leonardo Bursztyn, the Saieh Family Professor of Economics at the University of Chicago and co-director of BFI's Political Economics Initiative, discusses why the ban hasn't worked, and what a successful one might entail.
- Sep 1, 202649 min
Cut Off: How US Sanctions are Reshaping the Global Payment System
US sanctions on Russian banks have complex spillovers for the importers and exporters who transact in dollars. On this episode of The Pie, Brent Neiman, the Edward Eagle Brown Professor of Economics at the University of Chicago's Booth School of Business, returns to discuss recent research tracing how those sanctions ripple through the global payments network, and whether they are pushing heavily sanctioned economies away from the dollar and toward China's yuan.
- Aug 18, 202630 min
Scoop and Run: How Should Gunshot Victims Get to the Hospital?
When a police officer is shot, is it safer to wait for an ambulance or to be driven straight to the hospital in a squad car? In this episode of The Pie, Prachi Sanghavi, an associate professor in the Department of Public Health Sciences at the University of Chicago and co-director of the Health Policy Data Lab, discusses new research tracing how shooting victims across 18 U.S. cities reach the hospital, and what it reveals about a decades-old debate over pre-hospital care.
- Aug 4, 202652 min
Talking to Strangers: The Economics of Social Connection
New research shows that people are strikingly bad at predicting how good it feels to connect with a stranger. In this episode of The Pie, Nick Epley, a professor of behavioral science at the University of Chicago's Booth School of Business and author of A Little More Social, discusses what more than 120 experiments reveal about why we avoid reaching out to others, and what that avoidance may be costing us.
- Jul 21, 202627 min
Passing the Pop Quiz: How Nursing Homes Predict Inspections, and What It Costs Patients
In the United States, regulators inspect nursing homes to ensure compliance with quality, safety, and other standards. While these inspections are not technically announced, they are easy for nursing home staff to predict because they usually occur annually. In this episode of The Pie, Maggie Shi, an assistant professor at the University of Chicago's Harris School of Public Policy, discusses how this predictability affects nursing homes' effort levels, and, in turn, resident health.
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About The Pie: An Economics Podcast
Economists are always talking about The Pie – how it grows and shrinks, how it’s sliced, and who gets the biggest shares. Join host Tess Vigeland as she talks with leading economists from the University of Chicago about their cutting-edge research and key events of the day. Hear how the economic pie is at the heart of issues like the aftermath of a global pandemic, jobs, energy policy, and more.
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