25 episodes

The economy has a funny way of affecting everything we do and what we value. Through long-form interviews with economists, policymakers and other guests, The New Bazaar explores how the economy is constantly altering the way we live -- and how our choices in life are reflected back into the economy. Hosted by Cardiff Garcia and produced by Aimee Keane, The New Bazaar is a production of Bazaar Audio. 
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The New Bazaar Bazaar Audio

    • Society & Culture
    • 4.9 • 179 Ratings

The economy has a funny way of affecting everything we do and what we value. Through long-form interviews with economists, policymakers and other guests, The New Bazaar explores how the economy is constantly altering the way we live -- and how our choices in life are reflected back into the economy. Hosted by Cardiff Garcia and produced by Aimee Keane, The New Bazaar is a production of Bazaar Audio. 
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    The monopoly on MONOPOLY

    The monopoly on MONOPOLY

    This week, we're sharing a special episode of a podcast we think you might like. It's called Cautionary Tales, and it's made by Tim Harford and the team at Pushkin Industries. You may remember Tim from our recent episode on economic storytelling. 
    On his podcast, Tim draws on history and social science to vividly retell the stories of great crimes, accidents and disasters of the past - pointing out valuable lessons for us all from the dithering, death and destruction.
    In this episode, Tim tells the story of Lizzie J. Magie (voiced by Helena Bonham Carter!), who should be celebrated as the inventor of what would become Monopoly - but her role in creating the smash hit board game was cynically ignored, even though she had a patent.
    Discrimination has marred the careers of many inventors and shut others out from the innovation economy entirely. Could crediting forgotten figures such as Lizzie Magie help address continuing disparities in the patenting of new inventions?
    You can hear more episodes of Cautionary Tales at https://link.chtbl.com/newbazaarcautionary.

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    • 36 min
    Trust me, I’m an economist

    Trust me, I’m an economist

    Ben Ho’s latest book is called Why Trust Matters: An Economist’s Guide to the Ties that Bind. 
    His chat with Cardiff is about exactly that: How the concept of trust applies to all kinds of different economic interactions that we experience throughout our lives. And the research that helps us understand why trust so often breaks down, and potentially how to build it back up. 
    For example, how do you write a contract between two people or two companies that enhances trust rather than erodes it. When do prenuptial agreements enhance trust, and when don’t they? What about religion and its role in fostering the kind of trust that matters for the economy? 
    Why is gossip actually good for trust? When can we trust our economic policymakers? What affect does social media and tools to monitor online reputations have on our trust in each other? 
    All this and much more on today’s episode. 
    Links from the episode:
    Ben Ho's website (https://bit.ly/3thfViO)Cardiff and Aimee are on Twitter at @CardiffGarcia and @AimeePKeaneSend us an email! You can write to us at hello@bazaaraudio.com

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    • 1 hr 6 min
    Listener Q&A episode

    Listener Q&A episode

    To wrap up 2021, The New Bazaar answers questions sent in by listeners. The episode also features, for the first time in front of the mic, executive producer Aimee Keane!
    Aimee and Cardiff take questions about pricing strategies, how they choose topics and guests for the show, the tricky tension between wonky and accessible, the Canadian vs the US economy, why the US economic growth has been weak since the 1970s, and more.
    Thanks so much to everyone for listening to us this year! We are taking a short break, and we will be back with the next episode on Thursday, January 12th. Happy New Year!
    Links:

    "Some NYC Restaurants Tire of Forking Over Delivery-App Fees" (WSJ)
    "Pricing of Digital Products" (Deloitte)
    "A deluge of data is giving rise to a new economy" (The Economist)
    "Is It Fair to Tax Capital Gains at Lower Rates Than Earned Income?" (WSJ)
    "Life after quitting: What happened next to the workers who left their jobs" (WaPo)
    "Why it's not really a labor shortage" (Insider)

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    • 42 min
    BONUS: Three econ stories

    BONUS: Three econ stories

    Having guided Cardiff through the craft of economic storytelling in the prior episode, Tim Harford returns to explain the lessons of three economic stories from his own podcast, Cautionary Tales.
    Links:
    -- "The Truth about Hansel and Gretel"
    -- "Buried by the Wall Street Crash"
    -- "Florence Nightingale and her Geeks Declare War on Death"

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    • 23 min
    The craft of economic storytelling

    The craft of economic storytelling

    Tim Harford is the author of numerous terrific economics books and the host of two great podcasts: “Cautionary Tales”, about what we should learn from big mistakes; and “More or Less”, about statistics. He also writes columns and essays for the Financial Times. 
    And what sets Tim apart in all these different mediums is his exceptional storytelling. And when it comes to telling economic stories – stories that are meant to grab your attention, and keep you in suspense, and then ultimately land on a message or a lesson that really stays with you – I’m not sure there’s anyone better. 
    And Tim’s latest book, The Data Detective, is no different: there’s a lot of great stories in it. But what I really loved about it is that it’s very much also about the craft of storytelling itself. And that’s what today’s conversation with Tim is also about: What are the ingredients of a captivating story? Why is it that stories are so necessary for fighting back against misinformation? (Why aren’t the facts themselves enough?) And how do you wield the power of storytelling responsibly? 
    Links from the episode:

    Cautionary Tales, hosted by Tim Harford, from Pushkin Industries (https://bit.ly/3eopqDX)"The Problem with Facts", by Tim Harford (https://bit.ly/3Fpvjg2)The Data Detective, by Tim Harford (https://bit.ly/3EoekcG)Cardiff and Aimee are on Twitter at @CardiffGarcia and @AimeePKeaneSend us an email! You can write to us at hello@bazaaraudio.com

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    • 54 min
    How we choose

    How we choose

    Vicki Bogan is an economist who specializes in financial economics, household finance, and behavioral finance – in other words, a specialist in how people make investment decisions. Whether to invest in the stock market or the bond market; how much; and other kinds of investing too, like whether to pursue a graduate degree.
    And the things she has found that influence our investment decisions are often things we don’t really consider. Like the kinds of households we live in, our health, or even things like the gender of our children. And as you’ll hear in the chat with Cardiff, she is interested in figuring out what is really going on. Not how people should make choices, but how they actually do make choices – and why those choices matter.
    Links from the episode:

    Vicki Bogan’s web site Cardiff and Aimee are on Twitter at @CardiffGarcia and @AimeePKeaneSend us an email! You can write to us at hello@bazaaraudio.com

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    • 45 min

Customer Reviews

4.9 out of 5
179 Ratings

179 Ratings

edy346 ,

Masterful

Cardiff makes extremely dense topics accessible and fun/interesting. This podcast is a must-listen for anyone curious about how (we think) the world works today.

tfschueller ,

Incredible long form interviews with Cardiff Garcia

I used to listen to Cardiff Garcia as the host of “Alphachat” from the Financial Times, and I thought he was one of the best long form interview hosts I’ve heard. It was great to hear him co-hosting “The Indicator” from Planet Money as well, but I was lost looking for another show like “Alphachat”. With “The New Bazaar” my search if over. So if you like long form interviews with an engaging and thoughtful host “The New Bazaar” is a must. No pressure Cardiff, but I’m looking forward to hundreds, if not thousands of future episodes.

Xyon Curtain ,

Cardiff

I’m glad I finally found Cardiff’s podcast. He is a great interviewer and has interesting guests.

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