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PODCAST

The Pie: An Economics Podcast

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.

science social sciences

All Episodes

21:21

Conflict-Free or Conflict Displaced? Mine...

The Pie: An Economics Podcast ·

2024/01/23

Many mines in the eastern Democratic Republic of the Congo are controlled by armed groups that frequently engage in conflict with nearby civilians. In this episode of The Pie, Hans Christensen, Professor of Accounting at Chicago Booth, and Samuel Chang, PhD student in Accounting, discuss what happens when mines become certified as conflict-free. Hint: It’s not what you might expect.

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39:56

Tearing Down Healthcare to Rebuild it for Everyone: A...

The Pie: An Economics Podcast ·

2024/01/09

Most observers are convinced that America’s healthcare system needs reform. This episode of The Pie features a discussion among MIT health economist Amy Finkelstein, former commissioner of the US Food and Drug Administration and current Duke professor Mark McClellan, and professor at the Harris School Joshua Gottlieb on what these reforms should entail. Michael Greenstone, director of UChicago's Climate and Energy Institute, moderated the conversation.

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24:28

12 Months of Economics: Vultures, ChatGPT, Student...

The Pie: An Economics Podcast ·

2023/12/26

What happens to humans when vultures go extinct? Why did the student loan pause increase debt? Plus, do government benefits change how parents invest in their kids? To wrap up 2023, Tess Vigeland reviews some of the economic research we've featured on the show throughout the year. Plus, a word from the UChicago team behind The Pie.

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23:19

The Economics of Reproductive Choice

The Pie: An Economics Podcast ·

2023/12/12

Women who have unplanned births experience earnings losses of up to 25%, while planned births reduce earnings by roughly 15%. Yana Gallen, Assistant Professor at the Harris School of Public Policy, joins The Pie to discuss her research on how pregnancy timing impacts women's careers.

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22:52

Are you Trapped on Social Media?

The Pie: An Economics Podcast ·

2023/11/28

Would you rather keep things as is, or, remove yourself and all your friends from social media? You aren’t alone if you chose the latter. Recent research from UChicago economist Leo Bursztyn ushers new survey evidence to show how fear of missing out keeps some users online. Learn more on The Pie.

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29:50

The New Normal: Working from Home in 2023

The Pie: An Economics Podcast ·

2023/11/14

Roughly a quarter of all paid workdays are now done from home, up from 7% in 2019. How did this shift unfold across different areas, industries, and worker demographics? Steven Davis, Professor Emeritus at Chicago Booth and work-from-home expert, joins The Pie to share his research.

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26:17

The Price of Crime: What Time Behind Bars Does to...

The Pie: An Economics Podcast ·

2023/10/31

The United States imprisons its population at a rate that is on par with North Korea. In this episode, Evan Rose of the Kenneth C. Griffin Department of Economics discusses what happens when this massive subset of individuals rejoins the labor force. Hint: It’s not what you might expect.

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21:38

Restorative Justice: What Happened When Chicago...

The Pie: An Economics Podcast ·

2023/10/17

The rate of school suspensions has more than doubled for Black and Latino children since 1974, inspiring a small but growing movement aimed at finding new disciplinary solutions that deter undesirable behavior without imparting harm. Harris Policy's Anjali Adukia joins The Pie to discuss her partnership with Chicago Public Schools, and what happened when teachers replaced exclusionary disciplinary practices, such as suspensions, with restorative practices that emphasize community building and

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29:40

A New Tactic for Police Reform: Using Behavioral...

The Pie: An Economics Podcast ·

2023/10/03

Police use of force has prompted a national debate around misconduct and how to solve what many believe to be a systemic issue. Harris Policy’s Oeindrila Dube and Chicago Booth’s Anuj Shah partnered with the Chicago Police Department for an experiment that found a different kind of behavioral training could effectively reduce adverse outcomes.

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22:46

How Much Would it Cost to Save the Rainforest?

The Pie: An Economics Podcast ·

2023/09/19

As a massive carbon sink, the Brazilian Amazon plays a crucial role in stabilizing the global climate. It’s also valuable farmland. How do economists measure this tradeoff? Lars Peter Hansen, Nobel Laureate and UChicago economist, joins The Pie to discuss his recent research on how policymakers might make the most of this precious and dwindling resource.

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27:29

Lessons from Pandemic Unemployment Benefits: When...

The Pie: An Economics Podcast ·

2023/09/05

The U.S. government swung into action when the ranks of the pandemic unemployed swelled almost beyond recognition. Three years on, economists are continuing to study the effects of the largest increase in unemployment benefits in U.S. history. The Harris School of Public Policy’s Peter Ganong and Chicago Booth’s Joseph Vavra join The Pie to discuss the impacts on spending and job-finding.

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20:49

The Hidden Economic Forces That Determine How Much...

The Pie: An Economics Podcast ·

2023/08/22

How much effect do government policies have on doctors’ wages? And when those wages are high, does it drive inequality in other jobs? And how does Taylor Swift factor in? Or Beyoncé? Joshua D. Gottlieb of the Harris School of Public Policy joins The Pie to discuss his research using detailed data to study earnings and how they’re influenced by forces like public policy and rising inequality.

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23:09

A Case for Public School Choice? Lessons from Los...

The Pie: An Economics Podcast ·

2023/08/08

When the Los Angeles Unified School District combined some neighborhood high schools into Zones of Choice, schools had to compete for students. The result? Achievement gaps narrowed, and more kids reported that they liked school. Chris Campos of Chicago Booth joins The Pie to discuss the results of a new study.

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23:35

Do You Even Crypto, Bro?

The Pie: An Economics Podcast ·

2023/07/25

The use of cryptocurrency is on the rise, but who exactly is on the bandwagon? Chicago Booth’s Michael Weber has examined the crypto market – who’s in it, why they believe in it, and what it might mean for the future. He joins The Pie to share the surprising (and also unsurprising) findings.

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19:52

Social Distancing in 2023: The Economic Costs of...

The Pie: An Economics Podcast ·

2023/07/11

Many, if not most, citizens of working age have gone back to their jobs in the three-plus years since the start of the pandemic – but not everybody has. Part of the reason is a lingering fear about workplace safety. Chicago Booth’s Steven Davis has new research showing the effect of these fears on the overall economy.

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24:31

Harvesting Green Investments: The Promise and Perils...

The Pie: An Economics Podcast ·

2023/06/27

In the stock market, we all want to do well, but for some investors it’s also important to do good. In this episode, Chicago Booth’s Lubos Pastor joins to discuss his research on sustainable investing and what two recent studies tell us about the returns on “green” vs “brown” assets.

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23:50

How Debt Relief Raised Debts: The Untold Story of the...

The Pie: An Economics Podcast ·

2023/06/06

Did borrowers and the American economy benefit from the federal government’s 2020 student debt moratorium? The picture is complicated according to new research from UChicago Economics’ Michael Dinerstein and Chicago Booth’s Constantine Yannelis. They join this week to share their surprising findings.

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18:56

Quid Pro Vote: The Politics and Economics of Vote-Buying

The Pie: An Economics Podcast ·

2023/05/30

Vote-buying, or influencing voters’ decisions through favors or gifts, is pervasive in areas such as Latin America, Africa, and Southeast Asia. UC Berkeley’s Frederico Finan, the TC Liu Distinguished Visitor at BFI, discusses his work studying how vote-buying unfolds on the ground in Paraguay. Finan describes how norms of reciprocity drive voters to opt for politicians who have treated them favorably in the past, and offers advice for how policymakers might disrupt this process to combat election

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25:36

Can ChatGPT Describe Company Performance Better than…...

The Pie: An Economics Podcast ·

2023/05/16

The number of ways we can use AI is exploding, and it’s expected to change how entire industries function. Chicago Booth professor Maximilian Muhn and PhD student Alex Kim studied whether ChatGPT can simplify information and improve outcomes for investors. They share how AI summarizes inputs like annual reports and conference calls in ways that better explain stock market movements.

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23:48

Misperceived Truths: Global Support for Women in the...

The Pie: An Economics Podcast ·

2023/05/03

Around the world, people underestimate support for basic women's rights. In new research, UChicago Economics' Leonardo Bursztyn documents these misperceptions and shows how they restrict women's progress. Aligning people's perceived and actual views, he says, can help promote women's full participation in the labor force.

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117 results

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