The Toxic Culture of the Economics Profession @unlearningeconomics9021

Unlearning Economics Economics is the king of social sciences, but it's more Joffrey than Jon Snow (I've been reading the GoT books and will not apologise for this reference).

Thanks to @BigJoel, @MerrickDeville, @socdoneleft, @Mexie, @ChillGoblin, @WereInHell, @MoneyMacro, Maeve Cohen, and @HobbieStuartMusic.

Chapters:
0:00 Intro
2:51 The Superiority of Economists
10:47 The Curse of the Top 5
23:44 Women in Economics
31:59 Toxic Economist-icity
40:20 Econ-cels
54:22 Detoxifying Economics

Patreon: patreon.com/unlearneconomics
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics

Produced by Hobbie Stuart
Animations by Grim Friberg
Artwork by Jacob Cob
© 2022 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance)
On Modeling and Interpreting the Economics of Catastrophic Climate Change, Weitzman
Martin Weitzman, Virtuoso Climate Change Economist, Dies at 77, NYT nytimes.com/2019/09/04/business/energy-environment/martin-weitzman-dead.html
Economic Imperialism, Lazear has the following abstract:
An Influential Think Tank Suggested That Harm Reduction Doesn't Work, Vice vice.com/en/article/gy7ke9/brookings-institution-suggested-that-harm-reduction-doesnt-work
Research roundup: What does the evidence say about how to fight the opioid epidemic? Doleac et al https://www.brookings.edu/blog/up-front/2018/12/07/research-roundup-what-does-the-evidence-say-about-how-to-fight-the-opioid-epidemic/
The Superiority of Economists, Fourcade et al
Inside Job or Deep Impact? Extramural Citations and the Influence of Economic Scholarship, Angrist et al
‘The Curse of the Top 5’ panel: youtube.com/watch?v=PqdKMQNXM2A
Publishing and Promotion in Economics: The Tyranny of the Top Five, Heckman & Moktan
An example of the "Tyranny of the top five", Judd sites.google.com/site/commentsoneconomics/introduction/an-example-of-the-tyranny-of-the-top-five
Staying at the Top: The Ph.D. Origins of Economics Faculty, Jones and Sloan
Diversity in the Economics Profession: A New Attack on an Old Problem, Bayer and Rouse
Women in economics: moving up or falling off the academic career ladder?, Ginther and Kahn
Women in economics: Stalled progress, Lundberg and Stearns
CSWEP reports, AEA aeaweb.org/content/file?id=6388
Economics is a disgrace, Sahm http://macromomblog.com/2020/07/29/economics-is-a-disgrace
Economics truly is a disgrace, Sahm macromomblog.com/2020/12/01/economic-truly-is-a-disgrace
Gender Differences in Recognition for Group Work, Heather Sarsons
Gender Differences in Recognition for Group Work, Sarsons et al
If Women Counted, Marilyn Waring
Speed Dating for Economists, NPR npr.org/sections/money/2017/05/05/527087730/episdoe-769-speed-dating-for-economists
How Is This Paper Philosophy?, Dotson
For Women in Economics, the Hostility Is Out in the Open, NYT nytimes.com/2021/02/23/business/economy/economics-women-gender-bias.html
Gender Trouble, Judith Butler
Everyone’s Getting Tired Of Shitty Viral Tweets About Men, Holden melmagazine.com/en-us/story/ugh-men-bad-viral-tweets
Gender And The Dynamics Of Economics Seminars, Dupas et al
Incels, Contrapoints youtube.com/watch?v=fD2briZ6fB0
Ben Harrell EJMR thread: twitter.com/elben/status/1431855872725110784
Gender Stereotyping in Academia: Evidence from Economics Job Market Rumors Forum, Wu
Graduate Student Mental Health: Lessons from American Economics Departments, Barreira et al
Killing EJMR, Campbell jimdcampbell.com/2017/08/28/killing-ejmr
Killing EJMR Redux, Campbell jimdcampbell.com/2020/06/20/killing-ejmr-redux
Biden’s Federal Reserve Nominee Lisa Cook Is Facing A Racist Smear Campaign, Terkel huffingtonpost.co.uk/entry/lisa-cook-federal-reserve-nominee-racist-criticism_n_61f367eee4b02de5f516fa2a
How You Can Work to Increase the Presence and Improve the Experience of Black, Latinx, and Native American People in the Economics Profession, Bayer et al
Money & Macro inflation vids:
youtube.com/watch?v=VEZsgAgYDhw&t=7s
youtube.com/watch?v=bh2pr9Gmvbo&list=PLGbVoSdwvesCls2hE7dUrHPrsFJiIA4_6&index=3
Chicago exam q: twitter.com/neocentrist/status/1491587498245558274

updated 2 years ago

The Toxic Culture of the Economics Profession

Unlearning Economics 2022-03-21 | Economics is the king of social sciences, but it's more Joffrey than Jon Snow (I've been reading the GoT books and will not apologise for this reference).

Thanks to @BigJoel, @MerrickDeville, @socdoneleft, @Mexie, @ChillGoblin, @WereInHell, @MoneyMacro, Maeve Cohen, and @HobbieStuartMusic.

Chapters:
0:00 Intro
2:51 The Superiority of Economists
10:47 The Curse of the Top 5
23:44 Women in Economics
31:59 Toxic Economist-icity
40:20 Econ-cels
54:22 Detoxifying Economics

Patreon: patreon.com/unlearneconomics
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics

Produced by Hobbie Stuart
Animations by Grim Friberg
Artwork by Jacob Cob
© 2022 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance)
On Modeling and Interpreting the Economics of Catastrophic Climate Change, Weitzman
Martin Weitzman, Virtuoso Climate Change Economist, Dies at 77, NYT nytimes.com/2019/09/04/business/energy-environment/martin-weitzman-dead.html
Economic Imperialism, Lazear has the following abstract:
An Influential Think Tank Suggested That Harm Reduction Doesn't Work, Vice vice.com/en/article/gy7ke9/brookings-institution-suggested-that-harm-reduction-doesnt-work
Research roundup: What does the evidence say about how to fight the opioid epidemic? Doleac et al https://www.brookings.edu/blog/up-front/2018/12/07/research-roundup-what-does-the-evidence-say-about-how-to-fight-the-opioid-epidemic/
The Superiority of Economists, Fourcade et al
Inside Job or Deep Impact? Extramural Citations and the Influence of Economic Scholarship, Angrist et al
‘The Curse of the Top 5’ panel: youtube.com/watch?v=PqdKMQNXM2A
Publishing and Promotion in Economics: The Tyranny of the Top Five, Heckman & Moktan
An example of the "Tyranny of the top five", Judd sites.google.com/site/commentsoneconomics/introduction/an-example-of-the-tyranny-of-the-top-five
Staying at the Top: The Ph.D. Origins of Economics Faculty, Jones and Sloan
Diversity in the Economics Profession: A New Attack on an Old Problem, Bayer and Rouse
Women in economics: moving up or falling off the academic career ladder?, Ginther and Kahn
Women in economics: Stalled progress, Lundberg and Stearns
CSWEP reports, AEA aeaweb.org/content/file?id=6388
Economics is a disgrace, Sahm http://macromomblog.com/2020/07/29/economics-is-a-disgrace
Economics truly is a disgrace, Sahm macromomblog.com/2020/12/01/economic-truly-is-a-disgrace
Gender Differences in Recognition for Group Work, Heather Sarsons
Gender Differences in Recognition for Group Work, Sarsons et al
If Women Counted, Marilyn Waring
Speed Dating for Economists, NPR npr.org/sections/money/2017/05/05/527087730/episdoe-769-speed-dating-for-economists
How Is This Paper Philosophy?, Dotson
For Women in Economics, the Hostility Is Out in the Open, NYT nytimes.com/2021/02/23/business/economy/economics-women-gender-bias.html
Gender Trouble, Judith Butler
Everyone’s Getting Tired Of Shitty Viral Tweets About Men, Holden melmagazine.com/en-us/story/ugh-men-bad-viral-tweets
Gender And The Dynamics Of Economics Seminars, Dupas et al
Incels, Contrapoints youtube.com/watch?v=fD2briZ6fB0
Ben Harrell EJMR thread: twitter.com/elben/status/1431855872725110784
Gender Stereotyping in Academia: Evidence from Economics Job Market Rumors Forum, Wu
Graduate Student Mental Health: Lessons from American Economics Departments, Barreira et al
Killing EJMR, Campbell jimdcampbell.com/2017/08/28/killing-ejmr
Killing EJMR Redux, Campbell jimdcampbell.com/2020/06/20/killing-ejmr-redux
Biden’s Federal Reserve Nominee Lisa Cook Is Facing A Racist Smear Campaign, Terkel huffingtonpost.co.uk/entry/lisa-cook-federal-reserve-nominee-racist-criticism_n_61f367eee4b02de5f516fa2a
How You Can Work to Increase the Presence and Improve the Experience of Black, Latinx, and Native American People in the Economics Profession, Bayer et al
Money & Macro inflation vids:
youtube.com/watch?v=VEZsgAgYDhw&t=7s
youtube.com/watch?v=bh2pr9Gmvbo&list=PLGbVoSdwvesCls2hE7dUrHPrsFJiIA4_6&index=3
Chicago exam q: twitter.com/neocentrist/status/1491587498245558274

The Air We Breathe

Unlearning Economics 2024-08-29 | That's the name of the video!!

Thanks to @DarkViperAU, Mélodie, @BenFromCanada, @MedlifeCrisis, Grim Friberg,@mollynoise, Alexander Wells, and @JoseBird for helping out!

Join the new reading club! patreon.com/unlearneconomics

Chapters:
0:00 Intro
6:02 The Air We Breathe
10:33 Game of Sewage
17:45 Airborne Attacks
29:28 Air Pollution
40:25 Yes, There is Such Thing as a 'Solution'
56:00 Thinking Like An Economist?
1:12:41 Imagining Better Futures

References: docs.google.com/document/d/1rkcaVDfXYQLu8jQe1eQSnjB6cWUT7Q6k/edit?usp=sharing&ouid=112223828256290962231&rtpof=true&sd=true

Thomas Sowell Is Worse Than I Thought

Unlearning Economics 2024-03-13 | Wow, and it's only part one! How long can UE go on for?

Secure your privacy with Surfshark! Enter coupon code unlearnecon for an extra 3 months free at https://surfshark.deals/unlearnecon.

My Patreon: patreon.com/unlearneconomics

Thanks to @HobbieStuartMusic for the song and introduction!

Thanks to my editor @BenFromCanada!

Thanks to Grim Friberg and @kosykat7824 for the animations.

Thanks to Carolina Alves, @FDSignifire, @Matt_Bruenig, @kosykat7824, and @ThePlainBagel for the quotes.

Chapters:
0:00 Intro
12:32 Economics and Scarcity
33:31 I Need a Car Park
54:09 How Markets Work (and Fail)
1:11:23 Market Failures: Monopoly
1:27:16 Central Planning Was Bad, But...
1:33:39 The Emergence of Capitalism
1:57:37 Return of the Polanyi
2:20:30 Markets as Sites of Governance

References (in rough order of appearance):
youtube.com/watch?v=mS5WYp5xmvI&
youtube.com/watch?v=WK4M9iJrgto&
Knowledge and Decisions, Thomas Sowell
Basic Economics, Thomas Sowell
Applied Economics, Thomas Sowell
Thomas Sowell Is the Left’s Worst Fear, Hannah Gal lotuseaters.com/thomas-sowell-is-the-lefts-worst-fear-21-02-23
The Wealth of Nations, Adam Smith
The Theory of Moral Sentiments, Adam Smith
Defining Economics: The Long Road to Acceptance of the Robbins Definition, Backhouse and Medema
youtube.com/watch?v=-1Td8VUcKk0
Dark Emu, Bruce Pascoe
Talking to My Daughter About the Economy: A Brief History of Capitalism, Yanis Varoufakis
Price Behavior in Ancient Babylon, Peter Temin
The Treasures of Alexander the Great, Frank Holt
Economic View: The American Middle, Just Getting By, Louis Uchitelle https://archive.md/pAXMV
On Human Needs, Kate Soper
youtube.com/watch?v=E1lWk4TCe4U
youtube.com/watch?v=W5hLQLRNXC4
What's wrong with Libertarianism, Jeffrey Friedman
The Hidden Costs of Containerization, Amir Khafagy prospect.org/economy/hidden-costs-of-containerization
Marc Levinson on Odd Lots: podcasts.apple.com/us/podcast/why-the-cost-of-shipping-goods-from-china-is/id1056200096?i=1000505632821
The Inflation-Fighting Bill You Don’t Know About, David Dyen
prospect.org/economy/inflation-fighting-bill-you-dont-know-about
Blame Government, Not COVID-19, for Supply Chain Collapse, Peter St. Onge heritage.org/transportation/commentary/blame-government-not-covid-19-supply-chain-collapse
We Were Warned About the Ports, Alexander Sammon
prospect.org/economy/we-were-warned-about-the-ports
Container ship crashes in Suez Canal, Telegraph telegraph.co.uk/business/2023/12/06/ftse-100-markets-latest-news-boe-sustainability-report-live
The turning point: revitalizing the Soviet economy, Schmelev and Popov
youtube.com/watch?v=bOMksnSaAJ4&
The Great Transformation, Karl Polanyi
Why We Need the Welfare State, Matt Bruenig peoplespolicyproject.org/2022/02/18/why-we-need-the-welfare-state
The Commanding Heights: The Battle Between Government and the Marketplace That Is Remaking the Modern World, Yergin and Stainslaw
The triumph of Thomas Sowell, John Steele Gordon
The Globalisation Paradix, Dani Rodrik
bbc.co.uk/news/world-latin-america-67678276
Odd Borders Appear in Russia As Regions Face Poor Harvests, Andrew Higgins wsj.com/articles/SB908424358931242500
Russian Farmland Withers on the Vin, Frank Viviano sfgate.com/news/article/russian-farmland-withers-on-the-vine-politics-2984543.php
youtube.com/watch?v=R4BelDrWWt0&
tiktok.com/@planetmoney/video/6827093247538646278?lang=en
Antitrust as allocator of coordination rights, Sanjukta Paul
Competition Law as Collective Bargaining Law, Tankus and Herrine
Economics: A User’s Guide, Ha-Joon Chang

Planned Obsolescence Will Kill Us All

Unlearning Economics 2023-09-22 | …and that’s why!

See every side of every news story with Ground News https://ground.news/unlearningeconomics

Support UE:
Patreon: patreon.com/unlearneconomics

Other links:
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics
Medium: medium.com/@unlearnecon

Produced by Hobbie Stuart
Thumbnail by Sorcha Cartoons
Artwork by Jacob Cob
© 2023 Unlearning Economics

Chapters:
0:00 Intro
2:36 Planned Obsolescence: the Basics
18:16 The Value of Everything (That Exists)
28:43 The Goddamn Environment
34:28 Born of the Depression
46:26 ...and that's why

Thank you to @ignosegnose5578 and EvangelineTheodora for the quotes!

References (in rough order of appearance)
Check out reddit.com/r/BuyItForLife for funsies
youtube.com/watch?v=wzWU7D0S9_8&pp=ygUqb3VyIGNoYW5naW5nIGNsaW1hdGUgcFtsYW5uZSBkb2Jzb2xlc25jZWNl
youtube.com/watch?v=j5v8D-alAKE&pp=ygUedmVyaXRhc2l1bSBwbGFubmVkIGJzb2xlc25jZWNl
youtube.com/watch?v=RTbrXiIzUt4&pp=ygUgbWFycXVlcyBicm93bmxlZSByaWdodCB0byByZXBhaXI%3D
Stuff You Should Know open.spotify.com/episode/0ZDBWoSUQDTf8i0NfkYyOU?si=9ce404f7671a48ae
Made to Break, Giles Slade
The Great Lightbulb Conspiracy, Markus Krajewski spectrum.ieee.org/the-great-lightbulb-conspiracy
United States v. General Electric Co., 82 F. Supp. 753 (D.N.J. 1949) law.justia.com/cases/federal/district-courts/FSupp/82/753/1755675
youtube.com/watch?v=zb7Bs98KmnY&list=WL&index=4&pp=gAQBiAQB
‘Designed to break: planned obsolescence as corporate environmental crime’, Bisschop
Why fashion brands destroy billions’ worth of their own merchandise every year, Chavie Lieber vox.com/the-goods/2018/9/17/17852294/fashion-brands-burning-merchandise-burberry-nike-h-and-m
youtube.com/watch?v=LmvdS3Rxw7I&
Rescuing Conservatism: A Defense of Existing Value, G.A. Cohen
youtube.com/watch?v=W91yzAe0V_4
Values in Repair, Houston et al, 2016
youtube.com/watch?v=S2lmPIa1iWE
Disentangling the worldwide web of e-waste and climate change co-benefits, Singh and Ogunseitan
Mine e-waste, not the Earth, say scientists, Victoria Gill bbc.co.uk/news/science-environment-61350996
E-waste: An assessment of global production and environmental impacts, Robinson
Fixing the World One Thing at a Time: Community repair and a sustainable circular economy, der Velden
Ending the Depression Through Planned Obsolescence, London
The General Theory, Keynes
youtube.com/watch?v=S0WWbpBxLCI&pp=ygURZXZlcnkgdmlkZW8gZXNzYXk%3D
youtube.com/watch?v=_WyKYB4sg2Q
youtube.com/watch?v=hi_fxwLBSFo&pp=ygURc2ltcHNvbnMgam9uYXMgY2s%3D
youtube.com/watch?v=8er83V2OJ1o&pp=ygUcc2ltcHNvbnMgc3VwZXIgZXllcGF0Y2ggd29sZg%3D%3D]
youtube.com/watch?v=3WSKKolgL2U&
Is There a Future for Left-Wing YouTube?, Nicholas Burman tribunemag.co.uk/2021/11/the-art-of-left-wing-youtube
‘We are losing money’: companies in Apple’s repair program say they can’t compete with tech giant, Josh Taylor theguardian.com/technology/2023/may/18/we-are-losing-money-companies-in-apples-repair-program-say-they-cant-compete-with-tech-giant

Unlearning Economics Live Stream

Unlearning Economics 2023-05-22 | ...

Free Stuff is Good, Actually

Unlearning Economics 2023-05-09 | Took a little longer than expected, the intro took Hobbie a month soz xoxo

See every side of every news story with Ground News https://ground.news/unlearningeconomics

Support UE:
Patreon: patreon.com/unlearneconomics

Other links:
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics
Produced by Hobbie Stuart
Music by Hobbie Stuart
Animations/Thumbnail by Grim Friberg
Artwork by Jacob Cob
© 2023 Unlearning Economics

Chapters:
0:00 Intro
2:40 Free Stuff for Some, Miniature American Flags for Others
8:50 The 'Free Lunch' of Education
23:17 Universal Healthcare: the Affordable Dream
33:21 Healthcare as Social Insurance
50:13 Universal Based Income
1:07:53 Lumps in the Carpet

Thanks to @LuckyBlackCat, @phenomiks, @LackingSaint, and @lonerbox for the quotes!

References (in rough order of appearance)
Videos used at the start:
youtube.com/watch?v=Ux4zdr_pibE
youtu.be/jfz2gnyNQ5M
youtube.com/watch?v=qr638pCfPxs
youtube.com/watch?v=TTm6nLteFrQ
youtu.be/2GklCBvS-eI
youtu.be/ZzjXpYE2R9M
youtube.com/watch?v=8Ti8RQPh7IE
‘Making Social Spending Work’, Peter Lindert
Friedman free lunch video: youtube.com/watch?v=YmqoCHR14n8
The Role of Government in Education, Milton Friedman
‘A Unified Welfare Analysis of Government Policies’, Hendren and Sprung Keyser
Friedman health interview youtube.com/watch?v=64mr-cjxZfU
‘Rwanda 20 years on: investing in life’, Binagwaho et al
‘Universal Health Care: The Affordable Dream’, Sen
‘The Affordable Care Act After a Decade: Industrial Organization of the Insurance Exchanges’, Handel and Kolstad
‘Adverse Selection and an Individual Mandate: When Theory Meets Practice’, Hackmann et al 2015
Economics Explained video: youtube.com/watch?v=wMGAt4EC77w
‘Universal social insurance is sound economics’, David Sligar westernsydneywonk.wordpress.com/2021/11/01/the-smart-economics-of-middle-class-welfare
‘Would a Basic Income Guarantee Reduce the Motivation to Work? An Analysis of Labor Responses in 16 Trial Programs’, Gilbert et al
‘Is There Empirical Evidence on How the Implementation of a Universal Basic Income (UBI) Affects Labour Supply? A Systematic Review’, Paz-Banez et al
‘General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya’, Egger et al 2022
‘Southern Ontario’s Basic Income Experience’ report labourstudies.socsci.mcmaster.ca/documents/southern-ontarios-basic-income-experience.pdf
Milton Friedman welfare state lecture: youtube.com/watch?v=1KCHl-GO01o&
‘The End of Policing’, Alex Vitale
‘Creative arts and investing in systems’, Daniel Davies crookedtimber.org/2019/01/11/creative-arts-and-investing-in-systems
‘The Entrepreneurial State’, Marianna Mazucatto

Surge Pricing Will Kill Us All

Unlearning Economics 2023-01-06 | This was supposed to be released on NYE but hey who cares? (PS I’m good at my job)

Chapters:
0:00 Intro
1:59 The (Purported) Benefits of Surge Pricing
9:01 Uber Protagonist
22:45 The Dynamic Pricing World
33:12 "What Do" - Lenin

See every side of every news story with Ground News https://ground.news/unlearningeconomics

UE links
Patreon: patreon.com/unlearneconomics
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics
Produced by Hobbie Stuart
Animations/Thumbnail by Grim Friberg
Artwork by Jacob Cob
© 2023 Unlearning Economics

Thanks so much to my Discord mods for the quotes.

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance)
5 reasons everyone should love surge pricing – Timothy B. Lee vox.com/2014/12/31/7475923/case-for-surge-pricing
What Money Can’t Buy - Michael Sandel
Snow Crash - Neil Stephenson
Dynamic Pricing in a Labor Market: Surge Pricing and Flexible Work on the Uber Platform – Chen and Sheldon
Technical Note on CS paper: docs.google.com/document/d/1jPBM46qNpY6L8AIaA5xtWOkAVPEOq_-oaN-hNLx36HM/edit?usp=sharing
Reference-Dependent Preferences and Labor Supply: The Case of New York City Taxi Drivers – Farber
Constructing a Market, Performing Theory: The Historical Sociology of a Financial Derivatives Exchange – Mackenzie and Milo
Freakonomics – Levitt and Dubner
Uber’s secret weapon is its team of economists - Alison Griswold
Surge Pricing and Short-term Wage Elasticity of Labor Supply in Real-Time Ridesharing Markets – He et al
End State - James Plunkett
The Undercover Economist – Tim Harford
Is surge pricing a fair way to manage demand? -Tim Harford
Fair Pricing - Rotemberg
‘Privacy, Economics, and Price Discrimination on the Internet’ - Odlyzko
The Efficient Queue and The Case Against Surge Pricing - Woodcock
Generating equality and eliminating poverty, the Swedish way – Bkorjlund and Freeman

Value

Unlearning Economics 2022-11-03 | Unlearning Economics' guide to you-know-what.

See every side of every news story with Ground News https://ground.news/unlearningeconomics

Chapters
0:00 Intro
0:56 Wealth Creation
13:22 The Search for a Scientific Theory of Value
25:58 BreadTube vs Economics #4: The Labour Theory of Value
36:51 Taking the Labour Theory of Value Seriously: The Transformation Problem
49:43 Taking the Labour Theory of Value Seriously: The Falling Rate of Profit
1:01:49 Do We Need Theories of Value?

UE links
Patreon: patreon.com/unlearneconomics
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics

Produced by Hobbie Stuart
Animations by Grim Friberg
Thumbnail by Sorcha Cartoons
Artwork by Jacob Cob
© 2022 Unlearning Economics

Thanks so much to @BroeyDeschanel, @HowMoneyWorks, @BenFelixCSI, @Econoboi, and @munecat for the quotes.

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance)
The Value of Everything: Making and Taking in the Global Economy, Marianna Mazzucato
GDP: A Brief But Affectionate History, Diane Coyle
The Neoclassical Theory of Distribution, Gonçalo L. Fonseca hetwebsite.net/het/essays/margrev/distrib.htm
Economic Ideology, Joan Robinson
Destiny video: youtube.com/watch?v=4OhfX-lS7xA&t=3762s
NonCompete video:
youtube.com/watch?v=8aHvA0KHXqM
Tiffany Ferguson video:
youtube.com/watch?v=eVwW6Jq3_TE
Novara Media video:
youtube.com/watch?v=PHMFOqDLZvY
Joan Robinson and the labour theory of value, E.K. Hunt
Property And Contract in Economics: The Case For Economic Democracy, David Ellerman
Transformation Problem Wikipedia page: en.wikipedia.org/wiki/Transformation_problem
Marx after Sraffa, Ian Steedman
How the Labor Theory of Value Emerges from Egalitarianism, Blair Fix economicsfromthetopdown.com/2021/09/11/how-the-labor-theory-of-value-emerges-from-egalitarianism
Testing the Labour Theory of Value: An Exchange, Birchler and Nitzan
Reclaiming Marx's "Capital" A Refutation of the Myth of Inconsistency, Andrew Kliman
The Failure of Capitalist Production Underlying Causes of the Great Recession, Andrew Kliman
Hakim’s video youtube.com/watch?t=452s&v=SEGGvVinUao
FRED dataset: fred.stlouisfed.org
Revisiting a world rate of profit, Michael Roberts
UK rate of profit and British economic history, Michael Roberts
Measuring the rate of profit; profit cycles and the next recession, Michael Roberts
The historical transience of capital The downward trend in the rate of profit since XIX century, Maito
Is There a Tendency for the Rate of Profit to Fall? Econometric Evidence for the U.S. Economy, 1948-2007, Basu and Manoulakos
Distributive shares in the US economy, 1964–2001, Mohun
The Falling Rate of Profit Thesis Reassessed: Toward a Sociology of Marx’s Value Theory of Labor, Bradford
Crisis Theory and The Falling Rate of Profit, Harvey
An Essay on Marxian Economics, Joan Robinson

Jordan Peterson Doesnt Understand Gender Discrimination

Unlearning Economics 2022-06-28 | A Jordan Peterson video is a bit of a rite of passage, but I hope this one fills a gap!

See every side of every news story with Ground News https://ground.news/unlearningeconomics

Chapters
0:00 Intro
3:14 Part 1: The Gender Pay Gap is Real, Actually
17:17 Part 2: Yes, Women Face Discrimination
34:34 Part 3: The Gender Equality Paradox
42:39 Part 4: The Irrelevance of the Paradox
56:59 Part 5: A Brief History of Gender Discrimination
1:18:01 Conclusion

UE links
Patreon: patreon.com/unlearneconomics
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics

Produced by Hobbie Stuart
Animations by Grim Friberg
Thumbnail by Sorcha Cartoons
Artwork by Jacob Cob
© 2022 Unlearning Economics

Thanks so much to @Tom_Nicholas, @HobbieStuartMusic, Lydia Tolhurst, @Kathrin_yt, @T1J, and @anarchozoe for the quotes.

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References: docs.google.com/document/d/1OQCSoIXZFvsEVya3d97yGD2RonsusR71O-QC6tYYRFU/edit?usp=sharing

Tips on Becoming an Economist, How I Make My Vids, and More: 100k Q & A

Unlearning Economics 2022-04-30 | Hello everyone! The 100k Q & A is finally here. Thanks to everyone who follows and supports me.

Patreon: patreon.com/unlearneconomics
Twitter: http://twitter.com/UnlearnEcon
Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics
Twitch: twitch.tv/unlearningeconomics

Produced by Hobbie Stuart
Animations by Grim Friberg
Artwork by Jacob Cob
© 2022 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

Yi Wen on China: stlouisfed.org/dialogue-with-the-fed/chinas-industrial-revolution-past-present-future

Yugoslavia references that escaped me:

From Illyria towards Capitalism: Did Labour-Management Theory Teach Us Anything about Yugoslavia and Transition in Its Successor States?, Estrin & Uvalic
The rise and fall of market socialism in Yugoslavia, Milica Uvalić doc-research.org/wp-content/uploads/2019/01/The-rise-and-fall-of-market-socialism-in-Yugoslavia_Download-file.pdf
The Yugoslav Model, Robert Nielsen whistlinginthewind.org/2013/01/06/the-yugoslav-model

Worker Democracy

Unlearning Economics 2021-12-04 | An overview of the evidence surrounding worker democracy. In summary: it's good, but far from perfect. Hope you enjoy the video and the new animations.

Chapters:
0:00 Intro
2:21 What is Worker Democracy?
8:45 Myths and Realities
17:37 A Critical Appraisal
29:08 Good for Workers
38:56 Defending Worker Democracy
51:18 Conclusion

Those beautiful voices you are hearing are @Saint Andrewism , @Zoe Bee , and @JohntheDuncan

My Patreon: patreon.com/unlearneconomics
My Twitter: http://twitter.com/UnlearnEcon
The Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics

Produced by Hobbie Stuart
Animations by Grim Friberg
Artwork by Jacob Cob
© 2021 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):
Productivity in cooperatives and worker-owned enterprises, Logue & Yates
Equality Under Threat by The Talented: Evidence From Worker-Managed Firms, Burdín
Do Broad-based Employee Ownership, Profit Sharing and Stock Options Help the Best Firms Do Even Better?, Blasi et al
The empirical performance of orthodox models of the firm: Conventional firms and worker cooperatives, Pencavel & Craig
Wages, Employment, And Capital in Capitalist and Worker-Owned Firms, Pencavel et al
New evidence on wages and employment in worker cooperatives compared with capitalist firms, Burdín & Dean
Employee Vs. Conventionally Owned and Controlled Firms: An Experimental Analysis, Frohlich et al
Workplace Democracy in the Lab, Mellizo et al
Do cooperative enterprises create social trust?, Sabatini et al
Survival Rate of Co-operatives in Québec, OCA
Co-op Survival Rates in Alberta, Stringham & Lee
Co-op Survival Rates in British Columbia, Murray
The Relative Survival of Worker Cooperatives and Barriers to Their Creation, Olsen
Scale, Scope and Survival: A Comparison of Cooperative and Capitalist Modes of Production, Monteiro & Stewart
Productivity, Capital and Labor in Labor-Managed and Conventional Firms, FakhFakh et al
Are Cooperatives More Productive Than Investor-Owned Firms? Cross-Industry Evidence From Portugal, Monteiro & Straume
Shadow price of capital and the Furubotn–Pejovich effect: Some empirical evidence for Italian wine cooperatives, Maietta & Sena
Trust, Inequality and The Size of The Co-Operative Sector: Cross-Country Evidence, Jones & Kalmi
Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options, Kruse et al
Analysing the Values and Limitations of Cooperative Firms, Rose Wrist docs.google.com/document/d/1ScS39TWXcPkGOpek4tAfp0rAD5usbwIA05pbqVQdO6g/edit
Full Undercover Boss episode: youtube.com/watch?v=WXK3czablWY
The Use of Knowledge in Society, Hayek
Seeing Like a State, Scott
Worker Cooperatives: Good, Sustainable Jobs in the Community, Pérotin
The Italian Region Where Co-ops Produce a Third of Its GDP: yesmagazine.org/economy/2016/07/05/the-italian-place-where-co-ops-drive-the-economy-and-most-people-are-members
The Marcora Law Supporting Worker Buyouts for Thirty Years, International Cooperative Alliance https://www.ica.coop/en/media/news/marcora-law-supporting-worker-buyouts-thirty-years
Second Thought’s video: youtube.com/watch?v=QG0FhpGdFwc&list=WL&index=3&t=489s&ab_channel=SecondThought
Lonerbox’s video:
youtube.com/watch?v=z7n52oyRUVI
Worker Cooperatives: Pathways to Scale, Abell
Employee ownership and firm performance: a meta-analysis, Boyle et al
Employee Stock Ownership, Involvement, And Productivity: An Interaction-Based Approach, Pendleton & Robinson
Employees to be handed stake in firms under Labour plan: theguardian.com/politics/2018/sep/23/labour-private-sector-employee-ownership-plan-john-mcdonnell?utm_source=pocket_mylist
What do we really know about worker co-operatives?, Pérotin
Evaluating Workplace Democracy in Mondragon, Christiansen
Spanish CEO to worker pay: statista.com/statistics/424159/pay-gap-between-ceos-and-average-workers-in-world-by-country
Board-level employee representation rights in Europe: Facts and trends, Conchon
Labor in the Boardroom, Jäger et al
Voice at Work, Harju et al
The Marx Ratio and the Trouble with Coops, Bruenig peoplespolicyproject.org/2018/05/22/the-marx-ratio-and-the-trouble-with-coops
From Illyria towards Capitalism: Did Labour-Management Theory Teach Us Anything about Yugoslavia and Transition in Its Successor States?, Estrin & Uvalic
Market Entry of Firms with Different Legal Forms, Arando et al

Steven Pinker and the Failure of New Optimism ft. Were in Hell

Unlearning Economics 2021-07-25 | I’ve been gone for a while, and this is why! Hope you enjoy my critique of Pinker’s economics.

0:00 Intro
3:11 Part 1 (i) Poverty and Prosperity: Should We Trust the Data?
19:16 Part 1 (ii) Poverty and Prosperity: Understanding Poverty Measures
40:01 Part 2 (i) Inequality and Distribution: Why Distribution Matters
55:59 Part 2 (ii) Inequality and Distribution: the Dynamics of Inequality
1:13:46 Part 3 The Failure of New Optimism

My Patreon: patreon.com/unlearneconomics
My Twitter: twitter.com/UnlearnEcon
The Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics

Check out We’re in Hell’s video: https://t.co/3Pa6CVZfrz?amp=1

...and channel: youtube.com/channel/UCbbsW7_Esx8QZ8PgJ13pGxw

The other voices from Sam’s video are twitter.com/Liv_Agar and twitter.com/theymerSophie

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2021 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

Reference list too big for YouTube, find it here: docs.google.com/document/d/1BorNY86DNQ-p32XYDJ88bp1-ZlhTd1eN-gakTWlIeBY/edit?usp=sharing

The Death of Economics 101 ft. Mexie

Unlearning Economics 2021-04-09 | One way or another, econ101-ism is at the heart of the debates over why we can't have good policies. Good thing it's wrong!

0:00 Intro
2:24 Demand & Supply
8:06 The Minimum Wage Debate
15:34 Making Sense of the Minimum Wage
20:59 Rent Control
31:31 The Influence of Econ101 (Mexie)
40:42 The Brain Worm of Economics

My Patreon: patreon.com/unlearneconomics?fan_landing=true
My Twitter: http://twitter.com/UnlearnEcon
The Discord: discord.com/invite/jy8CNzDsgf
Reddit: reddit.com/r/UnlearningEconomics

Mexie’s channel: youtube.com/channel/UCepkun0sH16b-mqxBN22ogA

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2021 Unlearning Economics
I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):

Thomas Sowell documentary:
youtube.com/watch?v=WK4M9iJrgto

Vaush’s video on the minimum wage:
youtube.com/watch?v=WWxtg6F5Tuw

The Rise of American Minimum Wages, 1912–1968, Price V. Fishback and Andrew J. Seltzer

The Elusive Employment Effect of the Minimum Wage, Alan Manning

Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania, David Card and Alan Krueger

Econned, Yves Smith [source of Reed Garfield quote]

Minimum Wage Effects Across State Borders: Estimates Using Contiguous Counties, Dube et. al
The Effect Of Minimum Wages On Low-Wage Jobs, Cengiz et. al

Neumark's research and Dube and co's critique:
Minimum Wages And Employment: A Review Of Evidence From The New Minimum Wage Research, David Neumark and William Wascher
Myth or Measurement: What Does the New Minimum Wage Research Say about Minimum Wages and Job Loss in the United States?, David Neumark & Peter Shirley
Credible Research Designs for Minimum Wage Studies: A Response to Neumark, Salas and Wascher, Allegretto et. al

Publication Selection Bias in Minimum‐Wage Research? A Meta‐Regression Analysis, Doucouliagos and Stanley
15 Years of Research on US Employment and the Minimum Wage, Wolfson and Belman

The Effects on Employment and Family Income of Increasing the Federal Minimum Wage, CBO
Dube’s twitter thread on the CBO
twitter.com/arindube/status/1358888317622755329

The Very Idea of Applying Economics, Thomas Leonard

If you want more on why demand-supply has been falsified for the labour market, read:
An econ theory, falsified, Noah Smith noahpinionblog.blogspot.com/2016/12/an-econ-theory-falsified.html

Research suggests there's an easy way to reduce suicide rates: increase the minimum wage, Jeff Spross theweek.com/articles-amp/888495/research-suggests-theres-easy-way-reduce-suicide-rates-increase-minimum-wage

Destiny/Burgis Rent Control Debate
youtube.com/watch?v=xaSjd--cM-Y&ab_channel=Destiny

Time for Revisionism on Rent Control?, Arnott

IGM Survey of Economists on Rent Control:
igmchicago.org/surveys/rent-control

Bloomberg article on Rent Control:
bloomberg.com/opinion/articles/2021-03-02/berlin-s-rent-controls-are-proving-to-be-the-disaster-we-feared

The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco, Diamond et. al

Considerations on Rent Control, Josh Mason jwmason.org/slackwire/considerations-on-rent-control

Economism, James Kwak

Toder, Eric & Rueben, Kim. (2007). Should We Eliminate Taxation of Capital Income?.

Moffitt, Robert and Wilhelm, Mark, Taxation and the Labor Supply: Decisions of the Affluent (June 1998). NBER Working Paper No. w6621, Available at SSRN: ssrn.com/abstract=160968

Keynes’ General Theory free online (source of Keynes quote): marxists.org/reference/subject/economics/keynes/general-theory

Extra references from pinned comment:

The Importance of Study Design in the Minimum-Wage Debate, Daniel Kuehn
files.epi.org/2014/importance-study-design-minimum-wage-debate-final.pdf

EPI data on the minimum wage: epi.org/chart/state-of-american-wage-table-1-hourly-wages-of-all-workers-by-wage-percentile-2000-2019-2019-dollars

Diamond and McQuade (2019): semanticscholar.org/paper/Who-Wants-Affordable-Housing-in-Their-Backyard-An-Diamond-McQuade/59c248e5c6bd36aca963077a0882f899a168d907

Communism, Gaming, and Larry Summers: 50,000 Subscriber Q & A

Unlearning Economics 2021-03-02 | An unreasonably long Q & A, there were too many good questions! No visuals bar the questions themselves, you can listen to it like a podcast :)

My Patreon: patreon.com/unlearneconomics?fan_landing=true
My Twitter: twitter.com/UnlearnEcon
Production by Hobbie Stuart: youtube.com/user/HobbieStuartMusic
Artwork by Jacob Cob
© 2021 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

Chapters
1:00 Mainstream economics
2:39 How I am
3:03 David Graeber
4:03 Learning economics
5:45 Economic measures
6:11 Bad economics
7:20 Pluralism
8:27 Common sense economics
10:23 Land Value Tax
11:30 Influencing mainstream media
12:48 Ayn Rand
14:08 Economic anthropology
15:22 Planned economies
17:31 Unlearning economics
19:13 Econ burnout
21:16 Monopolies
23:01 Marmite
23:41 MMT
26:09 Descent into heterodoxy
28:43 Buses
29:31 Leftist economists
33:00 Overrated and underrated economists
36:06 Historical economist
37:34 Communism
39:45 My research
41:23 Motivation
43:25 Econ papers
46:47 AI
48:10 Gaming
50:18 Interdisciplinarity
51:41 Fiscal responsibility
53:55 Favourite YouTubers
55:15 Upcoming videos
56:38 Worker ownership
1:01:36 Studying pluralist econ
1:02:39 Novels
1:03:42 Football
1:04:37 Economics as religion
1:05:40 Universal basic income

References (in rough order of appearance)
Al Roth: An economist who saves lives [Matching] bbc.co.uk/news/magazine-20004050
Debt: the First 5000 Years, David Graeber
CORE Textbook core-econ.org
Post-Keynesian Economics: New Foundations, Marc Lavoie
Atlas of Economic Complexity, Ricardo Hausmann et. al
Where Profits Come From [Kalecki Profits Equation], Levy et al. levyforecast.com/assets/Profits.pdf
https://economic-complexity.ir/wp-content/uploads/2020/11/3.pdf
Reconstructing economics: Agent based models and complexity [power law reference], Mauro Gallegatia and Alan Kirman
Sell Blood, Burn Car, Ride Bus ... ? podcasts.apple.com/gb/podcast/mandatory-redistribution-party/id1474450871?i=1000447495095
Shedding Darkness, Joan Robinson
The Methodology of Positive Economics, Milton Friedman
The Priority Heuristic, Brandstatter et al

Breadtube vs Economics #3: Response to Contrapoints (and Piketty) on Capitalism

Unlearning Economics 2021-02-05 | Ever tried to critique someone, and accidentally ended up having to critique someone else in the process?

My Patreon: patreon.com/unlearneconomics?fan_landing=true
My Twitter: http://twitter.com/UnlearnEcon
Production & Music by Hobbie Stuart youtube.com/HobbieStuartMusic
Artwork by Jacob Cob
© 2021 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

Part 1 of my series on Breadtube and Economics - Response to Philosophy Tube on Housing: youtube.com/watch?v=-vfx1kQlmOk
Part 2 – Response to Shaun on Trains:
youtu.be/kjJNWj0QhAg

Contrapoints’ videos on Capitalism:
youtube.com/watch?v=gJW4-cOZt8A
youtube.com/watch?v=AR7ryg1w_IQ

References (in rough order of appearance)
Various Ibn Khaldun references:
Ibn Khaldun, the Father of Economics, Ibrahim M. Oweiss. https://faculty.georgetown.edu/imo3/ibn.htm
Ibn Khaldun and Adam Smith: Contributions to Theory of Division of Labor and Modern Economic Thought, James R. Bartkus and M. Kabir Hassan. muslimheritage.com/ibn-khaldun-and-adam-smith-contributions-to-theory-of-division-of-labor-and-modern-economic-thought
The Amazing Arab Scholar Who Beat Adam Smith by Half a Millennium, Dániel Oláh. evonomics.com/amazing-north-african-scholar-beat-adam-smith-half-millennium
Ibn Khaldûn: A Fourteenth-Century Economist, Jean David C. Boulakia. https://www.journals.uchicago.edu/doi/abs/10.1086/259818
Who was Ibn Khaldun?, Institute for Economic Affairs. iea.org.uk/films/school-of-thought-with-benedikt-koehler
The History of Capitalism: Early Islam and the Birth of Capitalism, Benedikt Koehler. http://ummaticinnovation.org/wp-content/uploads/2015/09/early-islam-and-the-birth-of-capitalism-by-benedikt-koehler-the-history-of-capitalism-series-legatum-institute-20-february-2014.pdf

Chapter 1: On the Division of Labour, Adam Smith. Wealth of Nations. marxists.org/reference/archive/smith-adam/works/wealth-of-nations/book01/ch01.htm

What Do Bosses Do? The origins and functions of hierarchy in capitalist production, Part I, Stephen Marglin. https://scholar.harvard.edu/marglin/publications/what-do-bosses-do

Capital in the 21st Century, Thomas Piketty
Pocket Piketty, A Handy Guide To Capital In The Twenty-First Century, Jesper Roine.
It’s bargaining power all the way down, Josh Mason. crookedtimber.org/2015/12/15/its-bargaining-power-all-the-way-down

After Piketty: The Agenda for Economics and Inequality, Heather Boushey, J. Bradford Delong, and Marshall Steinbaum.
See especially the chapters:
A Political Economy Take on W/Y, Suresh Naidu.
Towards a Reconciliation between Economics and the Social Sciences, Thomas Piketty.

Breadtube vs Economics #2: Response to Shaun on Railway Privatisation

Unlearning Economics 2020-12-01 | Should we nationalise trains and other utilities, or privatise them? Are there other options beyond these two?

My Patreon: patreon.com/unlearneconomics?fan_landing=true

My Twitter: http://twitter.com/UnlearnEcon

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2020 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):
Part 1 of my series on Breadtube and Economics - Response to Philosophy Tube on Housing: youtube.com/watch?v=-vfx1kQlmOk

Shaun’s video ‘How Privatisation Fails: Railways’: youtube.com/watch?v=nP95Frc0v4k
Why did we sell off the railways? FT feature youtube.com/watch?v=U6V-HDbX9A8&ab_channel=FinancialTimes

Rethinking the Economics of Land and Housing, Ryan-Collins et al

Why are Britain’s trains so bad - could nationalisation fix them?, Channel 4 youtube.com/watch?v=njJ94o1B0qI&ab_channel=Channel4News

‘Passenger satisfaction on British Trains rises again, survey finds’, the Guardian
theguardian.com/uk-news/2019/jun/27/passenger-satisfaction-on-british-trains-rises-again-survey-finds

Impact of the privatisation of British Rail: en.wikipedia.org/wiki/Impact_of_the_privatisation_of_British_Rail

Rail accidents in the UK: en.wikipedia.org/wiki/List_of_rail_accidents_in_the_United_Kingdom

‘Twenty years of privatisation’, John Kay
johnkay.com/2002/06/01/twenty-years-of-privatisation

‘The Systems Regulation Model’, Dieter Helm
‘Infrastructure investment, the cost of capital, and regulation: an assessment’, Dieter Helm

Glas Cymru site: corporate.dwrcymru.com/en/about-us/company-structure/glas-cymru

‘For Worker Democracy’, Chris Dillow
stumblingandmumbling.typepad.com/stumbling_and_mumbling/2016/07/for-worker-democracy.html

‘Public Ownership 2.0’, Weekly Economics Podcast podcasts.apple.com/gb/podcast/weekly-economics-podcast/id970353148?i=1000430090471

Hillary Wainwright’s excellent site redpepper: redpepper.org.uk

‘Why public transport is broken’, Tom Haines-Doran
rs21.org.uk/2016/01/03/whypublictransportisbroken

Breadtube vs Economics #1: Response to Philosophy Tube on Housing

Unlearning Economics 2020-10-27 | Does a housing market inevitably result in a housing crisis? If so, how could we move away from the housing market?

My Patreon: patreon.com/unlearneconomics?fan_landing=true
My Twitter: http://twitter.com/UnlearnEcon

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2020 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):

Abby and Mexie’s video on the housing crisis:
youtube.com/watch?v=qihG6AGjkRk

Reddit thread on economics and Breadtube:
reddit.com/r/BreadTube/comments/d0fqyi/we_need_more_breadtube_economists

‘Do economists make policies? On the political effects of economics’, Daniel Hirschman & Elizabeth Popp Berman academic.oup.com/ser/article/12/4/779/1653602

For market feedback, try ‘Nudge’ by Richard Thaler and Cass Sunstein

Progress and Poverty, Henry George

An Introduction to Land Value Taxes, Jacob Keegan
jacobmkeegan.medium.com/an-introduction-to-land-value-taxes-b51803bacb73

Economics for the Rest of Us, Moshe Adler

Rethinking the Economics of Land & Housing, Josh Ryan-Collins et al.
zedbooks.net/shop/book/rethinking-the-economics-of-land-and-housing

Developers pay developer charges, Cameron Murray
http://www.uq.edu.au/economics/abstract/567.pdf

If Landlords Get Wiped Out, Wall Street Wins, Not Renters: bloomberg.com/news/articles/2020-05-12/if-landlords-get-wiped-out-wall-street-wins-not-renters

Black Lives Matter and The Economics Profession ft. Carolina Alves

Unlearning Economics 2020-08-24 | Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2020 Unlearning Economics

Relevant Organisations :
Diversify and decolonise economics:
d-econ.org/mission
The Sadie Collective (US)
sadiecollective.org
The Black Economists Network (UK)
https://linktr.ee/tben

References (in rough order of appearance)
‘Richard T. Ely: The Confederate Flag of the AEA?’, Clifford F. Thies and Ryan Daza
econjwatch.org/File+download/488/ThiesDazaMay2011.pdf?mimetype=pdf
The Problem of the Negro, George Stigler bradford-delong.com/2019/05/weekend-reading-george-stigler-in-1962-on-the-problem-of-the-negro.html
Uhlig quotes are screenshotted here:
johnhcochrane.blogspot.com/2020/06/the-cancel-culture-twitter-mob-comes-to.html

Statement from the AEA Executive Committee aeaweb.org/news/member-announcements-june-5-2020
Diversity in the Economics Profession: A New Attack on an Old Problem’, Bayer and Rouse
pubs.aeaweb.org/doi/pdfplus/10.1257/jep.30.4.221
blackfemaleprofessorsforum.org
The parochialism of economics, Daniel Gay emergenteconomics.com/2014/01/06/the-parochialism-of-economics
Economists' Silence on Racism Is 100 Years in the Making, Francis and Opoku-Agyeman
newsweek.com/economists-silence-racism-100-years-making-opinion-1509790
Is there racism in economic research?, Mason et. al
sciencedirect.com/science/article/abs/pii/S0176268004001028#!
Economics is a Disgrace, Claudia Sahm
macromomblog.com/2020/07/29/economics-is-a-disgrace
Uhlig’s since-deleted blog post comparing footballers to the KK was screenshotted here:
twitter.com/JoMicheII/status/1269393970813165568
Bocar Ba tweet and corroboration from Alejandro Hoyos
twitter.com/bocar_a/status/1271280963985817600
twitter.com/alhosu/status/1271425359796469760
Journal of Political Economy reinstatement of Uhlig:
https://www.journals.uchicago.edu/journals/jpe/editor-update
My interview with the New York Times, Harald Uhlig
http://haralduhlig.blogspot.com/2020/06/my-interview-with-new-york-times.html
Uhlig’s Krugman tweet:
twitter.com/haralduhlig/status/1286086897467641857
Some thoughts on Harald Uhlig etc., Marshall Steinbaum: steinbaum.blogspot.com/2020/06/some-thoughts-on-harald-uhlig-etc.html
Policy on Harassment, Discrimination, and Sexual Misconduct, University of Chicago https://studentmanual.uchicago.edu/university-policies/university-of-chicago-policy-on-harassment-discrimination-and-sexual-miscon/

Gary Becker and the Economics of Discrimination, John Jackson
altrightorigins.com/2017/10/09/becker-economics-discrimination
Milton Friedman’s Economic Racism, John Jackson
evonomics.com/milton-friedmans-economic-racism
Chicago economics faculty page:
https://economics.uchicago.edu/directories/full/faculty
Are Emily and Greg More Employable Than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination, Bertrand and Mullainathan
https://www.uh.edu/~adkugler/Bertrand&Mullainathan.pdf
Field Experiments on Discrimination, Bertrand and Duflo
nber.org/papers/w22014
What Has Economics to Say About Racial Discrimination?, Kenneth J. Arrow
Antisemitism: An Analysis, Philosophy Tube youtube.com/watch?v=KAFbpWVO-ow&t=2952s
Is now a teachable moment for economists?, Bill Spriggs
minneapolisfed.org/~/media/assets/people/william-spriggs/spriggs-letter_0609_b.pdf?la=en
The Economics of Race, Kyle Moore
phenomenalworld.org/analysis/stratification-economics
Race Discrimination: An Economic Perspective, Lang and Kahn-Lang Spitzer
aeaweb.org/articles?id=10.1257/jep.34.2.68
A Profession With an Egalitarian Core, Tyler Cowen
nytimes.com/2013/03/17/business/the-egalitarian-tradition-of-economics.html
On Economic Agency, Peter Doyle
Milton Friedman clip:
twitter.com/L__Macfarlane/status/1142432913449000960
Late Victorian Holocausts, Mike Davis
Decolonising technology: a reading list, Beatrice Martini
https://beatricemartini.it/blog/decolonizing-technology-reading-list/
The Greatest Cover-Up in History?, Abhaey Singh huffingtonpost.co.uk/abhaey-singh/the-greatest-coverup-in-h_b_3721099.html
There is No “Case for Colonialism”, Yannick Dupraz and Valeria Rueda
blogs.lse.ac.uk/africaatlse/2017/10/17/there-is-no-case-for-colonialism-insights-from-the-colonial-economic-history
How can you do an economics degree in Britain without learning about the British Empire?, Susie Steed medium.com/@sussteed/how-is-it-possible-to-do-an-economics-degree-without-learning-about-britains-role-in-the-slave-aa5449937429
The Overthrow of Colonial Slavery: 1776-1848 & The Making of New World Slavery: From the Baroque to the Modern, 1492-1800, Robin Blackburn
Sociological Perspectives on Racial Discrimination, Small and Pager
aeaweb.org/articles?id=10.1257%2Fjep.34.2.49

The New Case for a Green New Deal

Unlearning Economics 2020-07-06 | The pandemic has renewed calls for a Green New Deal. But should the GND be a wind-down or wind-up of economic activity?

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2020 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):

Thomas L. Friedman, 2007. The power of green. nytimes.com/2007/04/15/opinion/15iht-web-0415edgreen-full.5291830.html

Green New Deal Group (2020). A Green New Deal.
greennewdealgroup.org/wp-content/uploads/2019/06/a-green-new-deal.pdf

Ocassio-Cortez’s Green New Deal Bill: apps.npr.org/documents/document.html?id=5729033-Green-New-Deal-FINAL

Sean McElwee, 2019. People Actually Like The Green New Deal. nytimes.com/2019/03/27/opinion/sunday/green-new-deal-mcconnell.html

The Guardian, 2020. World has six months to avert climate crisis, says energy expert theguardian.com/environment/2020/jun/18/world-has-six-months-to-avert-climate-crisis-says-energy-expert

IPCC, 2018. Global Warming of 1.5 °C https://www.ipcc.ch/site/assets/uploads/2018/10/SR15_SPM_version_stand_alone_LR.pdf

David Wallace-Wells, 2017. The Uninhabitable Earth. (See also the book by the same name)
nymag.com/intelligencer/2017/07/climate-change-earth-too-hot-for-humans.html

IPPR, 2020. Faster, further, fairer: Putting people at the heart of tackling the climate and nature emergency
ippr.org/research/publications/faster-further-fairer

Ta Nehisi-Coates, 2014. The Case for Reparations theatlantic.com/magazine/archive/2014/06/the-case-for-reparations/361631

Cohen and Macgregor, 2020. Towards A Feminist Green New Deal For The Uk
wbg.org.uk/wp-content/uploads/2020/05/Feminist-Green-New-Deal.pdf

William Stanley Jevons, 1865. The Coal Question

Tim Jackson, 2017. Prosperity Without Growth.

Parrique et. Al, 2019. Decoupling debunked – Evidence and arguments against green growth as a sole strategy for sustainability eeb.org/library/decoupling-debunked

My previous video on problems with GDP: youtube.com/watch?v=-fnSVlLo05U

Energy Transitions Commission, 2017. Better Energy, Greater Prosperity Achievable pathways to low-carbon energy systems

Mark Paul, Anders Fremstad, and J.W. Mason, 2019. Decarbonizing the US Economy: Pathways Toward a Green New Deal
rooseveltinstitute.org/decarbonizing-the-us-economy

Robert Plomin, 2019. Degrowth versus Green New Deal: Response to Juliet Schor and Andrew Jorgenson

BBC, 2019. The farmers who worry about our phone batteries bbc.co.uk/news/business-49355817

Malcolm Harris, 2019. Indigenous Knowledge Has Been Warning Us About Climate Change For Centuries
psmag.com/ideas/indigenous-knowledge-has-been-warning-us-about-climate-change-for-centuries

Matt Bruenig, 2020. How to Think About Corporate Bailouts Correctly. peoplespolicyproject.org/2020/03/23/how-to-think-about-corporate-bailouts-correctly

Women’s Budget Group, 2020. A Care-Led Recovery from Coronavirus wbg.org.uk/wp-content/uploads/2020/06/Care-led-recovery-final.pdf

Frances Jones and Jonty Leibowitz, 2019. How we built community wealth in Preston preston.gov.uk/media/1792/How-we-built-community-wealth-in-Preston/pdf/CLES_Preston_Document_WEB_AW.pdf?m=636994067328930000

Johanna Bozuwa, 2019. Building Resiliency through Green Infrastructure: A Community Wealth Building Approach democracycollaborative.org/learn/publication/building-resiliency-through-green-infrastructure-community-wealth-building

Paul Krugman, Globalisation, and the Point of Economic Theory

Unlearning Economics 2020-05-29 | Has economic theory helped us to understand globalisation and trade, or quite the opposite?

(Yes, the thumbnail is a joke)

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2020 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):

Case, A., Deaton, A., & Harper, K. (2020). Deaths of despair and the future of capitalism.

Poll of economists’ support for free trade: http://www.igmchicago.org/surveys/free-trade

David H. Autor & David Dorn & Gordon H. Hanson, 2016. "The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade," Annual Review of Economics, vol 8(1)
nber.org/papers/w21906

Krugman, P. (1999). The Accidental Theorist: And Other Dispatches from the Dismal Science. London: Penguin.

Krugman, P. (1995). Peddling prosperity: Economic sense and nonsense in the age of diminished expectations. London: Norton.

Krugman, P. (1996). Ricardo’s Difficult Idea. http://www.pkarchive.org/trade/ricardo.html

Krugman, P. (2019). What Economists (Including Me) Got Wrong About Globalization.
bloomberg.com/opinion/articles/2019-10-10/inequality-globalization-and-the-missteps-of-1990s-economics

Krugman’s Nobel Prize details, explainer, and papers:
nobelprize.org/prizes/economic-sciences/2008/krugman/facts

Catalan, J. (2014) Krugman’s Alternative Theory of Trade: http://www.economicthought.net/blog/2014/03/krugmans-alternative-theory-on-trade

Krugman, P. (1979). Increasing returns, monopolistic competition, and international trade.
books.google.co.uk/books?hl=en&lr=&id=d4yFu-yVn1AC&oi=fnd&pg=PA229&dq=Increasing+returns,+monopolistic+competition,+and+international+trade&ots=z3bO0rqS1l&sig=5OTXONFQpiiuGHUIYG6qj0mGsus#v=onepage&q=Increasing%20returns%2C%20monopolistic%20competition%2C%20and%20international%20trade&f=false

Krugman, P. (1980). Scale Economies, Product Differentiation, and the Pattern of Trade. The American Economic Review, 70(5), 950-959. Retrieved May 28, 2020, from www.jstor.org/stable/1805774

Krugman, P. R. (1981). Intraindustry specialization and the gains from trade. Journal of political Economy, 89(5), 959-973.

Krugman, P. R. (1985). Increasing returns and the theory of international trade (No. w1752). National Bureau of Economic Research.

Krugman, P (1994). The Fall And Rise Of Development Economics https://web.mit.edu/krugman/www/dishpan.html

Krugman, P. R. (1987). Is free trade passé?. Journal of economic Perspectives, 1(2), 131-144.

Baker, D. (2016). Rigged: How globalization and the rules of the modern economy were structured to make the rich richer. Washington, D.C.: Center for Economic and Policy Research.

Rodrik, D. (2012). The globalization paradox: Why global markets, states, and democracy can't coexist. Oxford: Oxford University Press.

COVID-19 and Economic Narratives

Unlearning Economics 2020-04-20 | Should the pandemic change how we think about the economy?

Produced by Hobbie Stuart
Artwork by Jacob Cob
© 2020 Unlearning Economics

I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more!

References (in rough order of appearance):
Don't believe the myth that we must sacrifice lives to save the economy, Jonathan Portes. theguardian.com/commentisfree/2020/mar/25/there-is-no-trade-off-between-the-economy-and-health

Trump Considers Reopening Economy, Over Health Experts’ Objections, NYT. nytimes.com/2020/03/23/business/trump-coronavirus-economy.html
Covid-19 presents stark choices between life, death and the economy, The Economist. economist.com/leaders/2020/04/02/covid-19-presents-stark-choices-between-life-death-and-the-economy
Economic crash could cost more life than coronavirus, says expert, The Times. thetimes.co.uk/edition/news/economic-crash-could-cost-more-lives-than-coronavirus-study-warns-nxrn3bzbs

Coyle, Diane. (2014). GDP: A Brief but Affectionate History. Princeton University Press.
- Quality adjustments in the IT sector pp. 87-90
- Environmental adjustments pp. 115-117
- Services, unproductive labour, USSR growth statistics pp. 10-11
- Simon Kuznets’ views: pp. 13-14

Finance, social value, and the rhetoric of GDP, Jacob Assa. Finance and Society 4 (2), 144-58

The NHS at Capacity, Christopher Cook members.tortoisemedia.com/2020/03/30/chris-cook-coronavirus-nhs-at-capacity
What Everyone’s Getting Wrong About the Toilet Paper Shortage, Will Oremus marker.medium.com/what-everyones-getting-wrong-about-the-toilet-paper-shortage-c812e1358fe0
More on supply chains from FT correspondent Greg Callus: twitter.com/Greg_Callus/status/1241507154030473216

Correia, Sergio and Luck, Stephan and Verner, Emil, Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu (March 30, 2020). Available at SSRN: ssrn.com/abstract=3561560 or http://dx.doi.org/10.2139/ssrn.3561560

The Cost-of-Thriving Index: Reevaluating the Prosperity of the American Family. Oren Cass, American Compass. manhattan-institute.org/reevaluating-prosperity-of-american-family

Gough, Ian (1972) Marx's theory of productive and unproductive labour. New left review, I/76 . pp. 47- 72. ISSN 0028-6060 core.ac.uk/download/pdf/16379812.pdf

Graeber, David (2018). Bullshit Jobs: A Theory. Simon & Schuster.

Making the future count, Diane Coyle & Benjamin Mitra-Kahn. Indigo Prize Entry 2017. http://global-perspectives.org.uk/wp-content/uploads/2017/10/making-the-future-count.pdf

‘We can’t go back to normal’: how will coronavirus change the world?, Peter C Baker. theguardian.com/world/2020/mar/31/how-will-the-world-emerge-from-the-coronavirus-crisis
As Congress Pushes a $2 Trillion Stimulus Package, the “How Will You Pay For It?” Question Is Tossed in the Trash, Stephanie Kelton. theintercept.com/2020/03/27/coronavirus-stimulus-package-spending/?comments=1
We Can’t Return to Capitalism as Usual After This Crisis, Abi Wilkinson. jacobinmag.com/2020/03/coronavirus-covid-19-capitalism-crisis-herd-immunity

Sajid Javid tweet: twitter.com/sajidjavid/status/1241066998076968965

On austerity and the pandemic:
And so the appalling human consequences of the austerity experiment become clear, Jonathan Portes.
prospectmagazine.co.uk/economics-and-finance/and-so-the-appalling-human-consequences-of-the-austerity-experiment-become-clear-george-osborne-economy-coronavirus-covid-19-recession