In this episode of the Econ Nerds podcast, hosts Matt Hill and Ariel Slonim explore various economic themes ranging from pole vaulting incentives to the impact of tariffs on job creation. They discuss the implications of NYC's free bus proposal, the economic contributions of K-Pop sensation BTS, and the evolving landscape of creative jobs in the age of AI.
Then a life advice involving Bitcoin and personal finance decisions.
The episode concludes with reflections on community initiatives like the Buy Nothing group and the hidden costs associated with them.
Chapters
00:00 Introduction and News Quiz Kickoff
16:52 AI and Art: The Future of Creativity
32:25 Life Advice
35:47 Consumer Surplus vs. Deadweight Loss: Buy Nothing