Category: 3-EconSometimeCommentary

When it comes to international trade and finance, everyone pretty much speaks one language: the U.S. dollar. So when the Federal Reserve hikes interest rates and the dollar suddenly gets strong, it can cause huge headaches all over the world.

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How do you mend a broken bill? On this classic episode, we visit the Mutilated Currency Division.

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On this episode of the Hayek Program Podcast, Peter Boettke & Scott Beaulier discuss the topic of academic entrepreneurship as Scott shares experiences from his career in colleges and univerisities across the globe. Scott's humble beginnings in northern Michigan intially had him convinced he was heading towards a career as a McDonalds manager, until an economics class with David Prychitko awakened a desire for higher education within him. Scott describes his journey through the world of academia and the lessons he's learned along the way. Additionally, the pair recall Scott's time researching the economies of the Czech Republic and Botswana and the insights drawn from this research.

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On today's show, we're answering listener questions from the Planet Money inbox. Like, who really benefits from retail coupons? And why are goldfish so cheap?

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It's fall, so on this episode, we're taking you back to school. First, what sorority rush can teach us about a particular kind of market. Then, how two economists fixed the way macroeconomics was taught in high schools. It's econ, inside and outside the classroom.

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Taiwan is at the center of a global feud. Its main defense may be what some call its "Silicon Shield" — its powerful semiconductor industry. On today's show, the story of how one economic hero helped to transform Taiwan's economy and create the "Taiwan Miracle."

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Liz Truss, the new Prime Minister of the UK, was determined to change the British economy. Instead, her government's mini-budget helped kick off a mini-financial crisis.

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On this episode of the Hayek Program Podcast, Peter Boettke & Adam Martin share a conversation on Martin's work in the field of Austrian economics and applied political economy. Martin first shares how he first became interested in economics at the University of Dallas before moving on to King's College London and New York University. Later, he shares his concept of "degenerate cosmopolitanism" and how it relates to current discussions surrounding egalitarianism. We'll also hear how his own research in Austrian economics has shaped his thinking in recent times and why he recommends that every economist looks to Charles Jones for a primer on the facts of economic growth.

If you like the show, please leave a 5-star review for us on Apple Podcasts and tell others about the show! We're available on Apple Podcasts, Spotify, Amazon Music, and wherever else you get your podcasts.

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Read more of Dr. Martin's work here.

Find the Jones piece here.

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A lot of restaurants took a hit during the pandemic. And when they struggled to find workers, some found surprising solutions. On today's show, what happens when you offshore cashiers.

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Today on the show, how we got from mealy, nasty apples to apples that taste delicious. The story starts with a breeder who discovered a miracle apple. But discovering that apple wasn't enough.

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