Barry's Economics

Barry's Economics

Barry’s Economics is about explaining the economy without the jargon. Using humour, storytelling, and behavioural science, Barry explores wealth, power, inequality, and the hidden forces shaping everyday life.

  1. 4d ago

    The Dark Side of Meritocracy: Why 'Hustling' is a Trap - Barry's Economics

    Life's a Meritocracy, right?We like to think meritocracy rewards the people who are most talented, driven and capable.But what happens when the very things you're told will help you get ahead can actually work against you?In this second part of the meritocracy series, I look at the "hustle penalty" and the hidden costs of how you present yourself when you're trying to move up.Sometimes the harder you try to look like you belong, the more obvious it becomes that you don't.I’m Barry, a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.Luisa is currently developing a show about Mary Magdalene and how different the world would look if the Bible was translated by women? Her show is a self financed project that is being supported by individuals on Patreon: https://patreon.com/luisaomielanShe has a run of it in January the the Kings head in Islington.No sponsors on Barry's Economics, ever.... this channel is funded by viewers:▶ Patreon: https://www.patreon.com/barryseconomics▶ Buy Me a Coffee: https://www.buymeacoffee.com/barryseconomicshttps://paypal.me/barryseconomicsThis channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.How to Support Barry’s EconomicsHelp us stay independent and keep making videos like this.https://www.buymeacoffee.com/barryseconomicshttps://ko-fi.com/barryseconomicshttps://paypal.me/barryseconomicshttps://www.patreon.com/barryseconomicsMore about me: https://barryferns.co.uk/Mailing List Sign-up: https://tr.ee/0BKMVwYou can also follow me on Tiktok: tiktok.com/@barryseconomicsInstagram: instagram.com/barryseconomicTwitter: twitter.com/barryseconomicsSubstack: https://substack.com/@barryseconomicsBlueSky: https://bsky.app/profile/barryseconomics.bsky.socialReddit: https://www.reddit.com/user/barryferns/If you’re new to this, check out Gary's Economics first! His channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/Sources & Further ReadingRudman, L. A. (1998)Self-Promotion as a Risk Factor for Women: The Costs and Benefits of Counterstereotypical Impression Management.Journal of Personality and Social Psychology, 74(3), 629–645.https://doi.org/10.1037/0022-3514.74.3.629Bourdieu, P. (1979/1984)Distinction: A Social Critique of the Judgement of Taste.Harvard University Press.Rivera, L. A. (2015)Pedigree: How Elite Students Get Elite Jobs.Princeton University Press. Rivera's research examines how elite employers' definitions of "merit" can favour candidates from privileged backgrounds.Rivera, L. A. & Tilcsik, A. (2016)"Class Advantage, Commitment Penalty: The Gendered Effect of Social Class Signals in an Elite Labor Market."Giles, H. (1970)"Evaluative Reactions to Accents."Kang, S. K., DeCelles, K. A., Tilcsik, A. & Jun, S. (2016)"Whitened Résumés: Race and Self-Presentation in the Labor Market."Friedman, S. & Laurison, D. (2019)The Class Ceiling: Why It Pays to Be Privileged.Salganik, M. J., Dodds, P. S. & Watts, D. J. (2006)"Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market."Science, 311(5762), 854–856.Salganik, M. J. & Watts, D. J. (2008)"Leading the Herd Astray: An Experimental Study of Self-Fulfilling Prophecies in an Artificial Cultural Market."

  2. Aug 24

    Why The Rich Think The Poor Are Lazy - Barry's Economics

    Why do we work? The obvious answer is:Because we have to.But what if that's only part of the story? This week's video looks at the biggest lie you've been told about your own motivation, scarcity, UBI experiments and the rather uncomfortable possibility that if we looked at the studies and acted on them we come.... become more powerful than we could possibly imagine.It might give us the freedom to actually do something.I’m Barry Ferns, a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.No sponsors, ever.... this channel is funded by viewers:▶ Patreon: https://www.patreon.com/barryseconomics▶ Buy Me a Coffee: https://www.buymeacoffee.com/barryseconomicshttps://paypal.me/barryseconomicsThis channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.How to Support Barry’s EconomicsHelp us stay independent and keep making videos like this.https://www.buymeacoffee.com/barryseconomicshttps://ko-fi.com/barryseconomicshttps://paypal.me/barryseconomicshttps://www.patreon.com/barryseconomicsFollow & leave a review for future episodesMore about me: https://barryferns.co.uk/Mailing List Sign-up: https://tr.ee/0BKMVwYou can also follow me on Tiktok: tiktok.com/@barryseconomicsInstagram: instagram.com/barryseconomicTwitter: twitter.com/barryseconomicsSubstack: https://substack.com/@barryseconomicsBlueSky: https://bsky.app/profile/barryseconomics.bsky.socialReddit: https://www.reddit.com/user/barryferns/If you’re new to this, check out Gary's Economics first. His channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/Sources & further readingBruce K. Alexander et al.The "Rat Park" experiments, Simon Fraser University, c. 1978–1981Alexander, Coambs & Hadaway, Psychopharmacology (1978)Sendhil Mullainathan & Eldar ShafirScarcity: Why Having Too Little Means So Much (2013)Mani, Mullainathan, Shafir & Zhao"Poverty Impedes Cognitive Function", Science (2013)Ross Levine & Yona Rubinstein"Smart and Illicit: Who Becomes an Entrepreneur and Do They Earn More?", Quarterly Journal of Economics (2017Finnish Basic Income ExperimentFinal results, Kela / Ministry of Social Affairs and Health (2020)Stockton Economic Empowerment Demonstration (SEED)Preliminary results (2021)Evelyn Forget"The Town with No Poverty" (2011), analysis of the Mincome experimentGiveDirectlyUniversal Basic Income study, Kenya, ongoing since 2011

  3. Aug 17

    The Iceberg Is Innocent: The Titanic's True Villain - Barry's Economics

    The real Tragedy of the Titanic Wasn't The Iceberg.This week's video is what we get wrong about tragedies.This is a story about who gets killed, what power does to us, and how to change course so the when disaster hits - it doesn't need to be a tragedy.I’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.No sponsors, ever.... this channel is funded by viewers:▶ Patreon: https://www.patreon.com/barryseconomics▶ Buy Me a Coffee: https://www.buymeacoffee.com/barryseconomicshttps://paypal.me/barryseconomicsThis channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.How to Support Barry’s EconomicsHelp us stay independent and keep making videos like this.https://www.buymeacoffee.com/barryseconomicshttps://ko-fi.com/barryseconomicshttps://paypal.me/barryseconomicshttps://www.patreon.com/barryseconomics More about me: https://barryferns.co.uk/Mailing List Sign-up: https://tr.ee/0BKMVwYou can also follow me on Tiktok: tiktok.com/@barryseconomicsInstagram: instagram.com/barryseconomicsTwitter: twitter.com/barryseconomicsSubstack: https://substack.com/@barryseconomicsBlueSky: https://bsky.app/profile/barryseconomics.bsky.socialReddit: https://www.reddit.com/user/barryferns/If you’re new to this, check out Gary's Economics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/

  4. Aug 10

    The Psychological Trick That Keeps You Arguing About Immigration - Barry's Economics

    This video is about why immigration is always the argument. Not whether the arguments are right. But why that particular argument, and not wages, or land, or who owns what, is the one that keeps being handed to you.I go through the neuroscience, the leaked internal documents, the 2.7 million posts study, and the numbers on what people believe about immigration versus what is actually happening around them. Then I explain why you still can't win the argument, and why winning it was never the point.SoI’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.No sponsors, ever.... this channel is funded by viewers:▶ Patreon: https://www.patreon.com/barryseconomics▶ Buy Me a Coffee: https://www.buymeacoffee.com/barryseconomicshttps://paypal.me/barryseconomicsSOURCESLeDoux, J. (2000). Emotion circuits in the brain. Annual Review of Neuroscience, 23, 155–184Arnsten, A.F.T. (2009). Stress signalling pathways that impair prefrontal cortical structure and function. Nature Reviews Neuroscience, 10, 410–422Haidt, J. (2001). The emotional dog and its rational tail. Psychological Review, 108(4), 814–834Rathje, Van Bavel & Van Der Linden (2021). Out-group animosity drives engagement on social media. PNAS, 118(26)Frances Haugen, internal Facebook documents and testimony to US Congress and UK Parliament, 2021Ipsos, Perils of Perception, 37-country studyDustmann, C. & Frattini, T. (2014). The Fiscal Effects of Immigration to the UK. The Economic Journal, 124(580)Bauer et al. (2023). Shifting Punishment onto Minorities. The Economic Journal, 133(652)This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.How to Support Barry’s EconomicsHelp us stay independent and keep making videos like this.https://www.buymeacoffee.com/barryseconomicshttps://ko-fi.com/barryseconomicshttps://paypal.me/barryseconomicshttps://www.patreon.com/barryseconomics More about me: https://barryferns.co.uk/Mailing List Sign-up: https://tr.ee/0BKMVwYou can also follow me on Tiktok: tiktok.com/@barryseconomicsInstagram: instagram.com/barryseconomicsTwitter: twitter.com/barryseconomicsSubstack: https://substack.com/@barryseconomicsBlueSky: https://bsky.app/profile/barryseconomics.bsky.socialReddit: https://www.reddit.com/user/barryferns/If you’re new to this, check out Gary's Economics first! His channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/

  5. Aug 4

    I've Watched Genius Comedians Vanish - Here's Why | Barry's Economics

    I've been a comedian since I was 15 and in that time I've watched some of the most talented people of my generation become household names. And I've also watched some of the most talented people of my generation disappear completely.Not because they weren't good enough or because they didn't work hard enough.Because talent and recognition are two completely different things.This video started with a conversation with James Acaster. I asked him a simple question:Who is the most influential comedian people have never heard of?His answer was Luisa Omielan.What followed was a conversation about influence, recognition, success and why some people shape entire industries without receiving the credit they deserve.Along the way, it led me into Abraham Wald's famous work on survivorship bias during World War II, Daniel Kahneman's research on how we create stories about success, and a much bigger question:What if meritocracy isn't wrong because talent doesn't matter?What if it's wrong because we've confused talent with visibility?This is the first in a series about meritocracy.What we get right about it.What we get catastrophically wrong about it.And what the science actually says about how success works.Sources ReferencedWald, A. (1943) – A Method of Estimating Plane Vulnerability Based on Damage of SurvivorsTaleb, N.N. (2007) – The Black SwanKahneman, D. & Tversky, A. (1974) – Judgment Under Uncertainty: Heuristics and BiasesKahneman, D. (2011) – Thinking, Fast and SlowDuckworth, A. et al. (2007) – Grit: Perseverance and Passion for Long-Term GoalsI’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.How to Support Barry’s EconomicsHelp us stay independent and keep making videos like this.https://www.buymeacoffee.com/barryseconomicshttps://ko-fi.com/barryseconomicshttps://www.patreon.com/barryseconomicsFollow and leave a review if you enjoyed this episode!More about me: https://barryferns.co.uk/You can also follow me on Tiktok: tiktok.com/@barryseconomicsInstagram: instagram.com/barryseconomicsTwitter: twitter.com/barryseconomicsSubstack: https://substack.com/@barryseconomicsBlueSky: https://bsky.app/profile/barryseconomics.bsky.socialReddit: https://www.reddit.com/user/barryferns/If you’re new to this, check out Gary's Economics first! His channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/

  6. Jul 27

    The Psychological Trick That Kills Every Wealth Tax - Barry's Economics

    Why Doesn't It Seem Possible to Tax The Rich Even a Little Bit More? Well...There's a trick that's been used against the public for over seventy years. It's completely legal, it's very well funded, and it's working on you right now. It doesn't involve lying. That's the clever part. You never have to say anything false. I want to show you how this trick works, and you'll spot it everywhere. In every news debate, every panel show, every politician saying "we need to be careful here." And I want to show you the one time in British history we actually beat it. Which matters, because the same trick is being run again, right now, on the biggest question in the country I’m Barry Ferns, a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality. No sponsors, ever.... this channel is funded by viewers: ▶ Patreon: https://www.patreon.com/barryseconomics ▶ Buy Me a Coffee: https://www.buymeacoffee.com/barryseconomics https://paypal.me/barryseconomics This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame. How to Support Barry’s Economics Help us stay independent and keep making videos like this. https://www.buymeacoffee.com/barryseconomics https://ko-fi.com/barryseconomics https://paypal.me/barryseconomics https://www.patreon.com/barryseconomics More about me: https://barryferns.co.uk/ Mailing List Sign-up: https://tr.ee/0BKMVw You can also follow me on Tiktok: tiktok.com/@barryseconomics Instagram: instagram.com/barryseconomics Twitter: twitter.com/barryseconomics Substack: https://substack.com/@barryseconomics BlueSky: https://bsky.app/profile/barryseconomics.bsky.social Reddit: https://www.reddit.com/user/barryferns/ If you’re new to this, check out Gary's Economics first! His channel gives the structural and financial perspective. This one adds the lived, social and emotional side. Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00 Want to see the stand-up side of all this? Find my live comedy and storytelling here: https://www.youtube.com/@mrbarryferns To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/

  7. Jul 20

    Nobody succeeds alone - here's what they're not telling you - Barry's Economics

    This is the final part of my conversation with Gary Stevenson, recorded before his documentary came out, and it's the most personal of the three episodes. We talk about why meritocracy is a myth, why success is mostly survivorship bias, and why Gary treats fame and politics as a game (his words, not mine, and he's honest about what that's covering for). He also breaks down Jeff Bezos's "why are nurses paying taxes" clip and explains the oldest trick in the book: bribing you with your own money. And he gives me my 100,000 subscriber play button, which meant more than I can easily say. This channel exists because of Gary's callout in May, and because of the community around it. This episode is about that community, and how you can be part of it, whether that's making videos, joining a party, talking to your friends and family, or just sharing the ideas in your own words. NB: The full uncut conversation is on my Patreon I’m Barry Ferns, a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality. No sponsors, ever.... this channel is funded by viewers: ▶ Patreon: https://www.patreon.com/barryseconomics ▶ Buy Me a Coffee: https://www.buymeacoffee.com/barryseconomics https://paypal.me/barryseconomics This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame. How to Support Barry’s Economics Help us stay independent and keep making videos like this. https://www.buymeacoffee.com/barryseconomics https://ko-fi.com/barryseconomics https://paypal.me/barryseconomics https://www.patreon.com/barryseconomics Subscribe or follow for future episodes! More about me: https://barryferns.co.uk/ Mailing List Sign-up: https://tr.ee/0BKMVw You can also follow me on Tiktok: tiktok.com/@barryseconomics Instagram: instagram.com/barryseconomics Twitter: twitter.com/barryseconomics Substack: https://substack.com/@barryseconomics BlueSky: https://bsky.app/profile/barryseconomics.bsky.social Reddit: https://www.reddit.com/user/barryferns/ If you’re new to this, check out Gary's Economics first! His channel gives the structural and financial perspective. This one adds the lived, social and emotional side. Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00 Want to see the stand-up side of all this? Find my live comedy and storytelling here: https://www.youtube.com/@mrbarryferns To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/

Ratings & Reviews

5
out of 5
4 Ratings

About

Barry’s Economics is about explaining the economy without the jargon. Using humour, storytelling, and behavioural science, Barry explores wealth, power, inequality, and the hidden forces shaping everyday life.

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