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Platypus Economics with Justin Wolfers: Daily Summaries Delivered
by Betsey Stevenson & Justin Wolfers
From world events to everyday decisions, economics explains it all. Platypus Economics makes it clear, useful, and actually fun.
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- 1 weeks ago19 min
The Dilemma Behind Debunking Trump | The Professor Is In
President Trump brags that he's brought $21 trillion in new investment into America. Justin Wolfers already debunked that number (the White House's own list only reaches $11.3 trillion), so in this office-hours episode he answers your questions about what that claim would even mean if it were true.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago50 min
What Is The State of Your Economy?
Why do strong economic numbers feel so bad? Justin Wolfers says there are three economies, not one.Unemployment is 4.2%, the stock market is near a record, and GDP is growing — so why does your grocery bill, your rent, and your fill-up tell a different story? In this live call-in on NPR's The Middle with Jeremy Hobson, economist Justin Wolfers gives the economy three grades at once: an A if you own stock and a company, a B if you look at the lived reality of regular folks, and a C for how people actually feel — consumer sentiment at the lowest level ever recorded. The puzzle isn't a mystery, he argues: the share of Americans who think economic management is poor beats the share who think it's good by 66 points, an all-time high.From Justin's conversation with Jeremy Hobson on NPR's The Middle, alongside CNBC's Steve Leisman.Chapters:Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago20 min
Trump Says $21 Trillion Is Coming. Is It? | Diving In
President Trump says he’s brought $21 trillion of new investment into America since taking office. Sometimes it’s $18 trillion, sometimes $22 trillion. The exact figure isn’t the problem. All of them are wrong, by a lot.In this episode, Justin Wolfers gives you the questions you need to ask to test any huge number.🎃 Enter our first-ever econ-themed Halloween costume contest by November 1 for a chance to win a limited-edition Gus the Platypus pillow: https://platypuseconomics.com/halloweenSubscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago25 min
Why Americans Don't Believe the Good Economic News | The Professor Is In
Unemployment is low, inflation has cooled, and by most hard numbers the economy is doing okay — yet Americans sound miserable. Consumer sentiment this summer sat at 52, roughly where it was in May 1980, when unemployment was nearly twice as high and inflation was running around 14%. Justin Wolfers thinks he's cracked the puzzle: the 30-point gap between how you feel and how the economy is actually performing lines up almost exactly with how little Americans trust the people running economic policy right now.In this office-hours episode, producer Augusta Chapman tries to poke holes in that story, and Justin defends it. Does the gloom cause the distrust, or the other way around? Does sentiment even matter if you keep spending anyway?Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 2 weeks ago26 min
Don’t Be Fooled by Trump’s Diesel Gimmicks | The Professor Is In
Tax-free red dye diesel won't make a single extra drop — so who really pays for it?President Trump signed an executive order letting truckers fill up with red dye diesel — the cheaper, untaxed fuel normally reserved for tractors and bulldozers — and the White House says it'll save truckers about $60 a tank. In this "Professor Is In" episode, Justin Wolfers and producer Augusta Chapman take your questions and show why the tax-free diesel policy creates no new fuel at all. There's only so much diesel in the world, so every gallon truckers gain, farmers lose.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 2 weeks ago42 min
What Halloween Candy Reveals About Inflation | Off the Clock
Why is inflation rising faster than your wages? It's a cost-push energy shock, not the good kind.Justin Wolfers and Bloomberg's Stacey Vanek Smith dig into the latest inflation report on Off the Clock, and the news isn't fun: prices are climbing 3.7% while wages crawl along at 3%, which means the average American — maybe you — is quietly falling behind. Justin walks through the difference between demand-pull inflation (the economy runs hot, prices rise, but your paycheck rises too) and cost-push inflation (energy and tariffs push costs up, prices rise, and nobody hands you a raise). Guess which one we're living through.Along the way, Justin grades new Fed chair Kevin Warsh (forecasters gave him a shaky report card), explains why computers are suddenly getting pricier again, and announces the first-ever Platypus Economics Halloween costume contest. Subscribe:on YouTube 👉 https://youtube.com/platypuseconomics on Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 3 weeks ago29 min
Why Official Inflation Can Seem Too Low | The Professor Is In
Prices rose 3.7% over the past year, core inflation is stuck around 2.6%, and your paycheck is buying less than it used to — yet it feels like everything costs way more than that. Economist Justin Wolfers sits down with producer Augusta Chapman for office-hours-style answers to your questions: why your gut says prices doubled.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 3 weeks ago15 min
The Latest Inflation Report, Explained | Diving In
The latest inflation report just dropped, and Justin Wolfers digs into why it's worse than Wall Street expected. Headline inflation came in at an eye-popping 3.7% — well above the Fed's 2% target — and core inflation is stuck above 2.6%. The really worrying part is the latest month: prices rose 0.6% in a single month, and whatever momentum was pulling inflation back toward normal seems to have vanished.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
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About Platypus Economics with Justin Wolfers
From world events to everyday decisions, economics explains it all. Platypus Economics makes it clear, useful, and actually fun.
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