Do you have license for that haircut? What’s more popular socialism or capitalism? and does NPR know what a Depression is? All that on today’s Econ Nerds live.
Noah Trudeau joins the Nerds to discuss occupational licensing. What is it? Why should you despise it? Which states are the worst offenders? Then we have anews quiz segment. Matt unveils a new segment where he fails to promote the podcast on Twitter. All that plus Econ Illiterate of the Week and Econ in the Wild.
00:00 Introduction to Occupational Licensing
09:32 The Impact of Licensing on Accessibility
11:12 State Patterns in Occupational Licensing
13:42 Reforming Occupational Licensing
15:57 News Quiz: Jobs numbers and Capitalism
30:39 New Segment: Marketing
34:55 Econ Illiterate of the Week: Planet Money Tiktok
39:50 Econ in the Wild
41:38 Sunk Cost Fallacy in Reading
44:34 Finding the Right Books to Read
47:52 Econ in the Wild: Beach Flag Systems
50:16 Asymmetric Information in Dentistry
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