In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim have their usual news quiz. Then they discuss into the controversial firing of Lisa Cook from the Fed. Matt then summarizes Cook’s most famous paper and the data issues with it. The episode also features a segment on the 'Econ Illiterate of the Week,' focusing on Trump's dealings with Intel. Also discussed: Boeing and AI art.
00:00 Introduction
02:46 News Quiz
08:31 Holographic Crime Prevention in South Korea
11:06 Federal Reserve and Lisa Cook's Controversy
16:17 Analysis of Lisa Cook's Research and Its Implications
18:59 The Controversy Surrounding Lisa Cook's Research
23:12 Econ Illiterate of the Week
32:21 AI's Role in Creativity and Personal Connection
34:53 Consumer Surplus and Deadweight Loss in our personal life
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