44 episodes

This is a podcast for Understanding Economics. I, and a guest with a background in economics sift through the issues being discussed and present them as Economists would, without all the hype and hyperbole.

Okay, Let Me Tell You Why You're Wrong: A Podcast for Understanding Economics Dave Yost

    • Education
    • 4.6 • 19 Ratings

This is a podcast for Understanding Economics. I, and a guest with a background in economics sift through the issues being discussed and present them as Economists would, without all the hype and hyperbole.

    Episode 44 - Price Gouging

    Episode 44 - Price Gouging

    WE. ARE. BACK.

    After a very long hiatus I am back and making podcasts again. Don't worry folks nothing bad happened. It was more like being an adult got in the way for a while.

    Anyway, I chose to use this come-back episode to talk about something related to current events and answer the question of "why do economists keep insisting that there's no such thing as price gouging?"

    If you want to contact me and tell me why I'm wrong, feel free to do so by joining our Facebook group at:

    https://www.facebook.com/groups/340933856307543/

    or you can email me at:

    okayletmetellyouwhyyourewrong@gmail.com

    • 39 min
    Episode 43 - Comparative Advantage

    Episode 43 - Comparative Advantage

    This week we're talking about Comparative Advantage and asking the question "why should we engage in trade." I cover both the concept as well as its originator, David Ricardo, who you will discover is in fact "The Most Interesting Man in the World."

    If you want to tell me why I'm wrong, come on out and join our Facebook group at:

    https://www.facebook.com/groups/340933856307543/

    or you can always send me an email at:

    okayletmetellyouwhyyourewrong@gmail.com

    • 51 min
    Episode 42 - The Wealth of Nations 1.11.2 - Rent of Land part 2

    Episode 42 - The Wealth of Nations 1.11.2 - Rent of Land part 2

    This week we're back with part two of chapter eleven of book 1 of Adam Smith's The Wealth of Nations, and this one is massive. We're covering what is known as the Digression on Silver, and wondering if you can call something a digression when it's almost 100 pages long.

    If you want to tell me why I'm wrong, come on out and join the Facebook group at:

    https://www.facebook.com/groups/340933856307543/

    or you can email me at: okayletmetellyouwhyyourewrong@gmail.com

    • 1 hr 24 min
    Episode 41 - Creative Destruction

    Episode 41 - Creative Destruction

    We're cranking it to 11 and talking about that most metal of all economists, Joseph Schumpeter and his idea of Creative Destruction. I cover the intellectual underpinnings of it, the idea itself, and several examples of it throughout history.

    If you want to tell me why I'm wrong, come join the Facebook group and leave a comment or post a question at:

    https://www.facebook.com/groups/340933856307543/

    or you can send me an email at:

    okayletmetellyouwhyyourewrong@gmail.com

    • 40 min
    Episode 40 - The Wealth of Nations 1.11.1 - Rent of Land part 1

    Episode 40 - The Wealth of Nations 1.11.1 - Rent of Land part 1

    This week we're covering part 1 of Adam Smith's The Wealth of Nation Book 1 Chapter 11: Of the Rent of Land, where we discover exactly why the rent is too damn high, and it has more to do with wheat prices than you might think.

    If you want to tell me why I'm wrong, come join our Facebook group at:

    https://www.facebook.com/groups/340933856307543/

    or email me directly at: okayletmetellyouwhyyourewrong@gmail.com

    • 45 min
    Episode 39 - The Economics of Star Trek

    Episode 39 - The Economics of Star Trek

    I sit down with Gus Shepard to talk about the possible future of the economy in terms of how realistic the scenarios laid out in the various iterations of Star Trek might be. We cover an economy without currency and whether or not we will hit a point of efficiency that will mean that no one has to work anymore.

    If you want to tell Gus and I why we're wrong, you can join the Facebook group and leave a comment at:

    https://www.facebook.com/groups/340933856307543/

    or send me an email at: okayletmetellyouwhyyourewrong@gmail.com

    • 1 hr 45 min

Customer Reviews

4.6 out of 5
19 Ratings

19 Ratings

davidmccully ,

Applicable Economics

Great show that covers a wide range of not only relevant, but applicable economic theory for how the world works. I have an economics degree, and I appreciate Dave’s insight. I revisit old episodes pretty often for reference to different subjects. I have particularly enjoyed the episodes that accompany The Wealth of Nation’s. I’ve been reading along with those as a helpful means of stepping back and refocusing the dense information in each chapter of the book. Thank you Dave!

jerylpaul ,

Great while it lasted

Dave’s show is both educational in a truly academic sense and approachable. It’s a great introduction to theoretical economics. Unfortunately it seems to have been discontinued, but I look forward to seeing more of what Yost can produce for content.

bestreview720 ,

Great show!

Very good content. I hope it grows.

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