Platypus Economics with Justin Wolfers

I love your show but aggregate supply and aggregate demand show you said that College will show to employers that they can stick with something and will be more productive. I disagree, I am a Service Coordinator for people with Developmental Disabilities and the employees coming out of College are a mix bag, some are great but many are lazy and have no organizational skills and the people without a College degree are dedicated and organized and do a better job. I think that we should stop encouraging all people to go to College and make it sound like you are less for not going when maybe you could work your way up ( Trader Joe’s, Costco) or train to be a construction worker, plumber or electrician or go in the tech field, who make a good salary. There are a lot of people that have College debt but end up in a job that doesn’t require a College degree. I think that by requiring a College degree you are limiting a lot of good people who could do the job even better.

Inflation is the expansion of the money supply via the Federal Reserve creating money (printing) into existence. This devalues our currency as well as its purchasing power. Higher prices are a result of this inflation.

This is a well done podcast, which is easily understood by those of us who liked Econ when we were in college 50 years ago and needed to be reminded of some of the principles. I've seen both of them on TV and that's why I sought out the podcast. I don't understand some of the comments that seem to be completely irrelevant to the content. I have already found myself thinking about several of the concepts and using them to help a friend decide whether moving from a neighborhood she disliked to a neighborhood she did like, but at a greater cost than her current house was worth it. She decided to move. I'm still finishing the series, but I intend to dig deeper in the other material that is available from these two. If they have been my professors at Mount Holyoke, I might have continued to study economics.

Betsy sounds like a 12 year old boy and the guy sounds like someone from the beatles