In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim first have a news quiz before discussing Fed Independence and Trump v. Powell.
The conversation shifts to vacation experiences, highlighting the cost of living and consumer surplus, before wrapping up with a discussion on economic observations from their travels.
02:46 News Quiz
14:28 Federal Reserve Independence and History
20:03 Volcker's Impact and Political Relationships
22:49 Fed Speak vs. Trump Speak
26:45 Vacation Talk: Experiences and Observations
33:49 Consumer Insights from Travel
38:26 The Price is Right? Camping Economics
42:58 Consumer Surplus and Deadweight Loss in Daily Life
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