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Bretton Goods
Pradyumna Prasad
50 episodes
4 days ago
I talk to the most interesting people about economic growth
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Social Sciences
Science
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All content for Bretton Goods is the property of Pradyumna Prasad and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
I talk to the most interesting people about economic growth
Show more...
Social Sciences
Science
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Ep 36: Labour Economics Versus the World
Bretton Goods
1 hour 13 minutes 58 seconds
3 years ago
Ep 36: Labour Economics Versus the World

What is the labour market like? What are the largest barriers in the labour market? Nathan Young and I spoke to economist Bryan Caplan about his new book Labor Econ Versus The World. We also talk about

  • Censorship and dictatorships
  • Bets he is willing to take
  • Malengo and international migration
  • DALLE-2 and writing graphic novels
  • The literature on education
  • Why he is not an experimental economist
  • The effect of AI on jobs

Bets Bryan is willing to take

  • No important disruption to the politics of countries where Ukrainian refugees immigrate
  • Poland will gain over 3x of the GDP Ukraine loses with regards to immigration
  • Less than 20% chance of humanity ending by 2100
  • Less than 60% chance that he will consider misaligned AI to be a problem in 20 years
  • If >5% of people immigrate to a developed nation there will be no civil wars
  • Upper bounds on religious fundamentalism in the EU
  • What are the odds that mainstream psychiatry accepts his view of mental illness?

Papers referenced in the podcast

  • Mankiw, Romer and Weil
  • Where has all the Education gone?
  • Eric Hanusheck on test scores and GDP
Bretton Goods
I talk to the most interesting people about economic growth