Decode Econ

Abdullah Al Bahrani

About Decode Econ: The Podcast The economy touches everything — from the price of your morning coffee to the decisions shaping our future. Decode Econ breaks it all down. Hosted by Dr. Abdullah Al Bahrani (“Dr. A”), economist, educator, and storyteller, this podcast makes economics personal, practical, and easy to understand. Each episode explores the trends behind the headlines — inflation, jobs, technology, policy, and the everyday decisions that drive them. Through stories, data, and conversations with thinkers, entrepreneurs, and community leaders, you stay informed.

  1. Aug 3

    ClaudeFishing- Will this be the death of the newsletter?

    Last week, Substack released a new feature to detect AI-written text. They partnered with Pangram to let readers scan a post and see how much of it is AI-generated. I both love and hate this update, and I want to share my views with you.As I read it, they’re attempting to solve for two problems: the rise of AI slop, and reader trust. Both are real concerns. However, there is a big difference between AI slop and AI-enhanced posts, and Substack AI score does not make a distinction between those two.With that said, Substack is upfront that Pangram isn’t perfect, just that “independent research suggests it detects AI-generated text with a high degree of accuracy.” Fine.But they also admit the actual limitation:“Pangram can only detect whether AI was used to make the text, not whether great human care went into creating it, nor whether AI tools were used as a source.”Anyone who’s spent time in higher education already knows this. Detection tools flag patterns, not quality, and not authorship in any meaningful sense. Moreover, there are good and bad uses of AI, and that nuance is lost in the Substack AI score. The problem I have with this is that the score measures how much AI touched the writing and editing, not how much AI shaped the thinking, whether it was used for research, or whether a human sat with the final draft and meant every word. The Substack measure doesn’t capture when AI is used for the followingIdeationResearch and sourcesImages and visualsIt strictly captures the use of AI in text. Read more at DecodeEcon.com about what the research says will happen.

  2. Jul 26

    Learning Economics at a Startup

    Decode Econ is a startup. Our goal is to help you see the economy clearly — and your place in it. It is a media firm with a mission to improve economic understanding. It is fun building it and seeing its impact, but the biggest joy is in working with the team that makes this work possible. I love working with young professionals and current students. They bring energy and creativity, and in return I mentor them on public engagement and translating research into impact. It is a win-win situation. This week, we sat down with Frannie and Claire to talk about experiential learning through on-the-job work at Decode Econ.They talked about how working at Decode Econ has taught them so much about economics and business, but also about teamwork, creativity, and understanding your audience. Most importantly, they discussed how they grew their adaptability muscle.The classroom only gets you halfway.Claire told me she joined Decode Econ because of my macro class. She learned to love the content, but she appreciated my class more for the energy I brought to a silent classroom on day one, which made her feel comfortable speaking up.Frannie said something similar about her marketing classes: the value wasn’t the frameworks, it was “being able to be applicable and actually figure it out for myself” before getting thrown into a real job.This tells me that the actual value of what we do is to help our students transfer knowledge and skills into action.Confidence isn’t taught. It’s built in reps.Claire shares with us that her turning point in college was showing up to observe the Haile research lab, staying silent for a while, then finally speaking up. Each exposure helped her open up new doors to new opportunities. Opportunity rewards students who are already in the room.My favorite moment: Frannie was on campus for an unrelated meeting when Dr. Raska (Chair of Marketing, Sports Business, and Construction Management) passed by and, on a whim, invited her, on the spot, to tour a market research firm partnering with our college. There was no calendar invite and no time for her to prepare. She said yes anyway. Being present helped her open a new door and expand her network. Adaptability is the actual labor market skill, and startups teach it for free.Both students described Decode Econ’s early days as constant pivoting. The daily changes in direction that, at first, felt like personal failure. Frannie said she used to wonder, “Did I do something wrong?” every time we changed course. It wasn’t her. It was a small team figuring out its audience in real time, which is exactly what most of their future employers will also be doing.This is the argument I’d make directly to other business and econ educators: if you want to teach adaptability, you cannot lecture it into existence. You have to put students inside genuine ambiguity — a live project, a startup, a research team— and let them feel the discomfort of the pivot. That discomfort is the curriculum; do not shy away from it.Pick the manager and team over the salaryThat was a big takeaway from this conversation.If you are interested in supporting the students or have projects you want to work on together, please reach out. Students are funded through consulting projects, public speaking engagement, sponsorship, and gifts.Timestamps00:00 — Economic literacy has to meet Gen Z where they already are02:18 — Frannie’s background: marketing coursework meets real-world application07:05 — Claire’s origin story: how one macro class built her classroom confidence09:31 — Building confidence through low-stakes reps at the research lab14:17 — Purpose and impact: why Gen Z engagement is the point, not a side effect19:09 — FOMO as a signal of investment21:25 — Career advice: pick the manager and team over the salary23:54 — Naming and working through perfectionism and imposter syndrome31:05 — What community inside a startup actually provides

  3. Jul 20

    Dr. Jose Saavedra on the Importance of Trust in Influencer Marketing

    Today’s episode is a special one. It’s a cross-collaboration with Beyond the Degree, the podcast from Haile Graduate Programs — so if you like hearing how executives and researchers actually make decisions, that show belongs in your feed too. My guest is Dr. Jose Saavedra Torres, my next-door neighbor at Haile College of Business and one of my closest collaborators on campus. Jose studies why we trust the people who sell to us online, and every time you buy something because someone on your phone told you to, you’re making an economic decision without realizing it. That’s what we unpacked on the show. Here’s the distinction Jose kept coming back to, and it’s the one most people get wrong. Credibility is about knowledge — can I trust this person’s expertise? Authenticity is about honesty — is this person being true to their own values? Those two things sound similar. They’re not. Marketers have been optimizing for credibility for years. Jose’s research says authenticity is the bigger lever. The reason authenticity moves people is something called a parasocial relationship — a one-sided bond where you feel like you know someone who has no idea you exist. Jose put it well: Cristiano Ronaldo has 900 million followers who feel like his buddies. He doesn’t know a single one of them. This changes the actual mechanics of a purchase. Normally you search, compare, then decide. When an influencer you trust recommends something, you skip straight to the decision — your brain already did the research for you, because it thinks that person is your friend. I’ve done this myself. I’ve bought books off a single video, no research, because I trusted the person recommending it. Sometimes it’s great. Sometimes it’s a total miss for my taste. That’s the trade-off of buying on trust instead of evidence. Jose’s advice for anyone building an audience, or any brand hiring one: authenticity lives or dies on consistency. Pick almost any big influencer — Mr. Beast is his go-to example. If Mr. Beast showed up tomorrow promoting anti-aging skincare, you’d feel the mismatch immediately. There’s no story connecting who he is to what he’s selling, and that gap is exactly what triggers skepticism. This isn’t just a hunch Jose has from watching his daughters trust an influencer he was skeptical of — though that’s literally how the research started. It’s now a peer-reviewed finding. Jose and his co-authors surveyed 504 consumers and found that influencer authenticity significantly predicts both brand engagement and parasocial relationships, and that the fit between an influencer and the product they’re pushing measurably strengthens that effect. Banerjee, N., Rawal, M., Saavedra Torres, J. L., & Bagherzadeh, R. (2025). Beyond the Facade: Exploring the Authenticity of Social Media Influencers and Its Influence on Consumer Brand Engagement and Advocacy. Journal of Promotion Management. https://doi.org/10.1080/10496491.2025.2571948 I think we’ve been asking the wrong question about influencer marketing. Everyone wants to know if an influencer is credible. The better question is whether they’re authentic — because credibility gets you a sale, authenticity gets you a customer for life. Brands chasing follower counts are optimizing for reach. Jose’s research says the money is in fit and honesty, not fame. Credibility vs. authenticity: credibility is expertise, authenticity is honesty — they’re not the same thing, and authenticity is the stronger driver of trust. Parasocial relationships change the decision process: consumers skip the research phase entirely when they trust the person recommending the product. Consistency protects authenticity: the moment an influencer’s endorsement doesn’t match who they are, skepticism kicks in. The data backs it up: read the full study — Beyond the Facade: Exploring the Authenticity of Social Media Influencers, Journal of Promotion Management (2025).

  4. Jun 29

    Why Saving Money in Your 20s Might Be a Mistake

    Here's what the data doesn't say: saving for retirement at 22 has an opportunity cost. Every $7,500 someone parks in a Roth IRA is $7,500 that isn't going toward tuition, a certification, or the thing that increases their income over the next twenty years. I've watched students skip a semester of school to save money. That is not what I would call financial literacy. We have pushed this generation to be savers at the expense of income potential. After 2008, we spent fifteen years telling people that the average American doesn't understand personal finance. We weren't wrong. But the lesson that we taught didn’t focus on understanding your options; it was to save every dollar, distrust Social Security, and never touch a Roth IRA. Gen Z is doing just that."Gen Z isn't saving optimally for the future. They're responding to fears that they won't have one."We also discussed Oman’s budget and strategy, and Alan Greenspan’s legacy. We ended the podcast with an audience question. Thank you for sharing those. If you have more, leave them in the comments. Subscribe to www.DecodeEcon.com• 00:00 — Is Gen Z saving too much, too early? The opportunity cost nobody talks about • 11:41 — The Roth IRA deep dive: tax advantages, income limits, and why personal finance is personal • 13:30 — The Oman case study: logistics diversification, Dutch disease, and the easy dollar problem • 23:35 — Alan Greenspan: moral hazard, irrational exuberance, and the AI parallel • 32:30 — Audience question

    Why Saving Money in Your 20s Might Be a Mistake
  5. Jun 21

    The Economics of FIFA

    Wednesday's digest flagged the Levi's logo story in two sentences. This week's episode is the full decode — and it's worth watching, not just reading about. Quick recap of where we left it: FIFA strips every sponsor logo off a host stadium, no exceptions. Levi's got blacked out like everyone else — except their silhouette happened to read like a comic-book bat symbol, someone turned it into a joke online, and Levi's leaned all the way in. Profile picture, and Reels. The post blew up. Their stock hit a two-year high the day after. What Wednesday's digest didn't have room for: why this actually worked, economically. On the episode, Claire — who runs our Instagram — walks through the marketing mechanics in real time, and I get into why this is brand differentiation doing exactly what it's supposed to do. The value was never in how much logo space Levi's bought. It was in how distinct the moment felt next to every other forgettable sponsor placement. That's what lets a brand extract producer surplus — pull more value out of the market — without spending another marketing dollar to do it. Jack puts it best on the episode: stop measuring ad spend, start measuring ad outcomes. We also discussed Levi's actual stock price the day after the post went viral, on camera — and the real story behind that number is messier than "marketing stunt moved the stock." That part doesn't read well in a newsletter recap. You kind of have to watch us work through it. Then we move from the World Cup to the World Cup's other economics story this week (hydration breaks are not about hydration), and close out with our take on Kevin Warsh's first Fed press conference. 00:30 – Welcome Back to Decode Econ (Claire's 2nd Episode) 02:54 – How Levi's Turned a Logo Ban Into a Viral Moment 05:20 – Did It Actually Move Levi's Stock? 07:40 – FIFA's Hydration Breaks: Player Safety or Ad Revenue? 10:05 – For-Profit vs. Nonprofit: Why FIFA Still Maximizes Profit 12:27 – Is the World Cup Becoming Four Quarters? 14:50 – Kevin Warsh's First Fed Press Conference 17:06 – Should the Fed Say Less? Prediction Markets & Transparency 19:25 – Claire on Learning Economics Before Forming Opinions 21:51 – Claire Summer & Team Reflections 22:25 – Takeaways: Be Like FIFA

  6. Jun 14

    We Recorded This One In Person — And Brought Someone New to the Table

    This week’s episode looked different. For the first time, Jack and I sat down at a table together instead of across the internet, and we brought a second student voice into the discussion. Meet Claire Claire Maddox is a first-year student; she starts her second year in August at the Haile College of Business, and she's my research assistant on a project we’re running this summer on housing affordability policy. This was her first episode, and the in-person setup was actually her idea. We weren’t sure if it would work. We think it did — but we want to hear from you. Tell us in the comments if you want more episodes like this one. And do us a favor: this was Claire’s first time on the mic. Drop her a comment and welcome her to the show. First episodes are nerve-wracking — a little encouragement goes a long way. Leave a comment The jobs report looked fine on the surface: 170,000 jobs added, unemployment holding at 4.3%. But almost half of those jobs came from hospitality and leisure, and there’s a real chance a lot of that hiring is World Cup-driven and temporary. The number that actually worries me is long-term unemployment: over 2 million people have now been out of work for 26+ weeks. That’s not a “create more jobs” problem anymore — that’s a skills-depreciation problem, and it calls for a completely different policy response. Then we layered in this week’s inflation data. CPI came in at 4.3%, PPI was close to 6.8%, and 80% of that increase was due to energy prices. Real wages went negative. So if your grocery and gas bills feel like they’re outrunning your paycheck, you’re not imagining it, the math backs you up.  And here’s the complication for the Fed: the market expects them to raise rates to fight inflation, but this isn’t a demand problem. Raising rates won’t touch energy and supply costs. It’ll just slow things down without solving the actual issue. We also got into the economics of the World Cup (hosting it is probably a wash — or a loss — once you account for crowding-out effects), and a conversation about picking a major that I think is one of the more useful things we’ve said on this show: it’s not about whether your degree has “ROI.” It’s about whether you understand the risk profile of the path you’re choosing and budgeting accordingly. Timestamps 0:40 – Welcome back + introducing Claire’s first episode 1:34 – Does hosting the World Cup actually pay off? 6:27 – The jobs report: 170K looks fine, until you look at long-term unemployment 11:48 – Real wages went negative — what that means for your wallet 12:34 – Claire’s take: how this economy hits students at the pump and the grocery store 13:08 – Rethinking the “is college worth it” question 22:22 – Retirement, the FIRE movement, and why doing nothing is harder than it sounds One More Thing Next week the Fed meets for the first time under Kevin Warsh. We’ll be watching that press conference closely — see you then. Thanks for sharing this post with your community. Informed consumers and employees improve market outcomes for all.

Ratings & Reviews

5
out of 5
7 Ratings

About

About Decode Econ: The Podcast The economy touches everything — from the price of your morning coffee to the decisions shaping our future. Decode Econ breaks it all down. Hosted by Dr. Abdullah Al Bahrani (“Dr. A”), economist, educator, and storyteller, this podcast makes economics personal, practical, and easy to understand. Each episode explores the trends behind the headlines — inflation, jobs, technology, policy, and the everyday decisions that drive them. Through stories, data, and conversations with thinkers, entrepreneurs, and community leaders, you stay informed.

You Might Also Like