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251 episodes
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Economics Explored Gene Tunny
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- Business
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4.2 • 21 Ratings
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Hard-headed economic analysis applied to important economic, social, and environmental issues.
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Australia's Lost Policy Exceptionalism w/ Nicholas Gruen - EP248
Gene Tunny welcomes Dr Nicholas Gruen from Lateral Economics to explore the decline of Australia's policy exceptionalism. They delve into the era of microeconomic reforms, the role of neoliberalism, and the challenges current policymakers face. Nicholas provides a historical perspective and discusses potential ways forward. He shares insights from his time advising the Hawke and Keating governments, discussing the successes and failures of Australia’s economic reforms from the 1980s and 1990s.
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Government vs. Private Sector: Who Generates Wealth? - EP247
In this episode, Gene Tunny explores the relationship between government spending and wealth creation. He talks about President Obama’s memorable expression, “You didn’t build that”, and how economists think about the role of government and wealth creation. Gene discusses the roles of both the government and private sector in generating wealth and their impact on productivity, GDP and living standards.
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Dollar Dominance: Can the US Keep Its Edge? w/ Stephen Kirchner - EP246
This episode features a conversation between Gene Tunny and Stephen Kirchner about the US dollar's dominance in global finance. They examine the reasons behind the dollar's relatively strong position, the effects of US fiscal policy and public debt, and the debate over its future role. Kirchner explains how the US's status as a net oil exporter influences currency dynamics and global trade.
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Popularizing Keynes: How Alvin Hansen and Evsey Domar Shaped Post-War Macroeconomics - EP245
In this episode, show host Gene Tunny explores the influential theories of economists Alvin Hansen, the “American Keynes", and Evsey Domar. The episode was inspired by a first edition copy of Hansen and Perloff’s 1944 book “State and Local Finance in the National Economy” that Gene was gifted. It includes a handwritten inscription from Hansen to Domar, his student at Harvard. Key topics include the Keynesian IS-LM model, the secular stagnation hypothesis, and the Harrod-Domar growth model. The episode provides a rich historical context and examines the relevance of these theories to today's economic challenges.
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Economic Freedom & Efficiency: Lessons from Australia’s Competition Reforms - EP244
Darren Brady Nelson joins Gene Tunny to discuss the evolution of competition policy in Australia over the past few decades. Darren draws on his experience as an economist in the NSW Treasury and the Queensland Competition Authority. Gene and Darren reflect on the successes of the original National Competition Policy reforms and assess the more limited scope of the subsequent competition policy review. Darren analyzes CPI data to understand rising living costs and argues for reducing government interventions. The conversation also covers unintended policy consequences (e.g. fraud in disability services provision), the US Founding Fathers’ vision for limited government, and debates around the appropriate roles and sizes of government in Australia and the US.
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The Revival of Industrial Policy: Should Governments Pick Winners? - EP243
This episode explores the resurgence of industrial policy in the US and Australia. We critically analyze whether government interventions can truly shape industries or if they are doomed to repeat past mistakes, such as those experienced during the 1970s and with the Concorde project. The episode includes clips featuring Saxon Davidson from the Institute of Public Affairs and Eamonn Butler from the Adam Smith Institute.
Customer Reviews
Economics of the real world
The topics Gene addresses are typically those I wish journalists could explore. The podcast addresses present and real societal topics and not just abstract economic concepts. A discussion with guests that not only outlines a topic, but also explains the drivers. Gene ensures guests explain what they mean when they use economics jargon or acronyms. As someone who hasn’t studied economics it allows me to keep up.
The economics in our everyday lives!
Gene is a brilliant, published writer and expert in his field of economics. These podcasts are a fantastic extension of his amazing abilities to explain the economics of things in our everyday lives. If you want to learn about how the world really works, then Gene and his guests will explain it to you in a simple, easy to understand way. You get so much value just from listening. Go Gene!
Guests as wallpaper
Why have guests if they barely have a chance to contribute? The latest episode was yet another excruciating example of Gene reading to us while we waited for the two guests to have their day. It never really arrived.