Podcast episodes for economics classes


Here are some great podcast episodes for economic classes.  I use them (either reference them or make them available to my students).

 Remember, my linking to them is not an endorsement of everything they say, but rather a way of getting us all to think about things a little differently)



Economic Podcast Episodes

* Why economics and politics don't mix:



*  Introducing GDP: http://

Black Monday Revisited: Lessons From 29 Years of Market History | PIMCO Blog

Just a great article from PIMCO:

Black Monday Revisited: Lessons From 29 Years of Market History | PIMCO Blog: "It was 29 years ago this month that world equity markets experienced a meltdown that became known as Black Monday (or Black Tuesday in Asian time zones). On 19 October, the Dow Jones Industrial Average plunged 23%, its largest-ever one-day percentage decline.

As equity and bond

Research: Index Funds Are Fueling Out-of-Whack CEO Pay Packages

Research: Index Funds Are Fueling Out-of-Whack CEO Pay Packages:

 "We found that when firms in an industry are more commonly owned, top managers receive pay packages that are much less performance-sensitive. In other words, these managers are rewarded less for outperforming their competitors. This difference in compensation has a sizeable effect. In industries with little common ownership,

Shaking Up Boards Would Help Keep Corporations Honest - Hartford Courant

Shaking Up Boards Would Help Keep Corporations Honest - Hartford Courant:

While a somewhat extreme view, there is much truth in this.  Read the whole article not just this reading-bite:

 "Where do such directors come from? In U.S. companies they are typically chosen by shareholders, but in a system so rigged that it may be the closest Western analog to a Soviet election. The incumbent directors

99% of actively managed US equity funds underperform

99% of actively managed US equity funds underperform:

Surprised only by the 99%, I expected closer to 95-97%....wow...

"Amin Rajan, chief executive of Create Research, the consultancy, said: “These numbers are scary. Active managers need a root and branch look at their investment processes to retain their relevance in today’s surreal investment landscape.” According to the analysis, 99 per cent

NYU professor explains how to value tech stocks

NYU professor explains how to value tech stocks: "Paint the technology sector with the same brush at your own peril, warns a finance professor.

"Older technology companies are behaving very different from the younger technology companies," said Aswath Damodaran, professor of finance at the Stern School of Business at New York Univer"

'via Blog this'

Swedroe: ‘Incredible Shrinking Alpha’ Continues | ETF.com

Swedroe: ‘Incredible Shrinking Alpha’ Continues | ETF.com:

"Highlighting the problem of survivorship bias, over the five-year period, nearly 21% of domestic equity funds, 21% of global/international equity funds and 14% of fixed-income funds were merged or liquidated."'via Blog this'

The best microstructure example for class I have ever seen




The floor of the New York Stock Exchange. (Photo credit: Wikipedia)



This is really cool.



So most finance classes traditionally talk about how trading floors worked in the past.  You know the drill: open outcry, specialist, floor brokers, etc.  But trading has changed so much, that armed with that knowledge only one would barely recognize today's marketplace made up of many exchanges, OTC

How can financial inclusion improve the lives of poor people? | International Development Journalism competition | The Guardian

How can financial inclusion improve the lives of poor people? | International Development Journalism competition | The Guardian:

There are no easy answers here:

"Can access to financial services, formal and informal help the poorest earn a living, grow their businesses and create new jobs, thereby pulling whole communities out of poverty? When the aim is to create jobs then what is more

CEO Pay: What is what is sometimes hard to determine




Offers a fascinating look at CEO pay that notes the difficulty in determining exactly how (or why) the CEO is paid as (s)he is.


A look in:


"For researchers seeking to understand CEO pay, theopacity of some of these instruments is of practicalinterest. Salary and bonus payments are the leastopaque; they are just cash payments. But even withthese simple instruments, investors and

A class post for Mergers and Acquistions


I use this in class, so figured I might as well make it available to everyone.  We look at merger waves, and also some at premiums.

https://helpified.com/paths/mergers-and-acquistions




A look at Fat Tails and why they can be a problem


I have been putting together quite a few Helpifed paths for my classes.  Anyone can use them, but this one is on a topic that most finance textbooks (and seemingly most introductory stats classes do not cover (or at least the students do not remember by the time they reach my classes)

A look at Fat Tails:

https://helpified.com/paths/fat-tails-a-look-at-non-normal-distributions