Ones and Tooze

Economic grievances have driven protests across France during the past weeks, over everything from the rising cost of living to the housing crisis and the lack of funding for education. Adam and Cameron discuss.

Also on the show: How Serbian students threw out strongman Aleksandar Vucic.

ANNOUNCEMENT: Adam and Cameron will be doing a live taping of Ones and Tooze in Berlin on Nov. 10 at the Festsaal Kreuzberg. Tickets tend to sell out quickly for these events, so get yours now.

https://www.eventbrite.com/e/ones-and-tooze-live-in-berlin-tickets-2003735342348

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Fraternities are so deeply embedded in the culture of American universities, that even rape and sexual assault scandals like the one at Cornell University don't seem to jeopardize their status. That's in part because of their ubiquity. Across the country there are some 6,000 fraternity chapters and six million alumni. Adam and Cameron examine the economics of fraternities as an institution.

Also, this: Adam and Cameron will be doing a live taping of Ones and Tooze in Berlin on November 10 at the Festsaal Kreuzberg. Tickets tend to sell out quickly for these events so get your tickets now.

https://www.eventbrite.com/e/ones-and-tooze-live-in-berlin-tickets-2003735342348

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

This year’s Nobel Prize in economic sciences was awarded to two Americans, Michael Woodford and Robert Hall, for developing “new macroeconomic models that have significantly improved our ability to implement effective stabilisation policy.” Adam and Cameron discuss.

Plus: the difference between neo-Keynesianism and new Keynesianism.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Diesel prices are hitting record highs, with the average price per gallon in the United States as high as $6.43 in late September. Adam and Cameron discuss the history of the fuel and the impact that the spike is having around the world.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The housing market in the United States is in gridlock these days, largely because of high interest rates. The average 30-year fixed mortgage rate is now above 7 percent, making it difficult for would-be first-time buyers to get into the market. Adam and Cameron discuss the broader implications for the U.S. economy.

Also on the show: Brazil’s presidential election

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Adam and Cameron discuss the newly released memoir of Francis Fukuyama, the American political scientist whose influential paper in 1989—which was later expanded into a book—posited that liberal democracy had won the world's ideological battle. The thesis was heralded as prescient when the Berlin wall fell a short time later but has been subjected to much criticism over the years. In the memoir, In the Realm of the Last Man, Fukuyama sets out to account for events that have transpired since 1989.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The head of Anthropic last week called on the U.S. government to regulate AI companies to avoid catastrophic outcomes. But, as Adam and Cameron point out, the conversation itself raises broader questions about the structure of the AI marketplace, the efficacy of existing liability laws, and the very nature of capitalism.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The far-right Alternative for Germany’s recent landslide victory in a small state in eastern Germany is part of a broader political story unfolding across Europe. It is also—and perhaps primarily—an economic story.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Nearly 1.5 billion children will attend primary or secondary school around the world this year—about 1 in 6 people on the planet. Adam and Cameron discuss the economics around sending children to school.

Also on the show: The economics of Lichtenstein.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The yield on 30-year U.S. Treasury bonds has been spiking lately, at one point reaching its highest level in some two decades. That means that the government is paying more to borrow—as government debt officially passed the $40 trillion mark this week. Adam and Cameron discuss.

Also on the show: Adam returns from the Venice Biennale.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Germany's longest river is drying up, with water levels reaching as low as 8 inches in some spots—the lowest reading since Germany started keeping records almost 150 years ago. Adam and Cameron discuss the economic impact, including shipping disruptions and supply chain problems.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

India is facing an unemployment crisis among young college graduates—some 40 percent of whom are struggling to find work. Adam and Cameron discuss the implications for India and the potential impact of the Cockroach Janta Party movement.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

On this episode, Adam and Cameron discuss the economics of super yachts—a global industry worth up to $22 billion.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The poem written some 2,700 years ago and the contemporary film directed by Christopher Nolan are the topic of this week’s show. Adam and Cameron discuss the economic and philosophical underpinnings of the story.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Britain’s new prime minister, Andy Burnham, calls his economic philosophy “Manchesterism,” after the city he led as mayor. But the term has meant different things since it was coined in the 19th century. Adam and Cameron dig in.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

This year's FIFA Men's World Cup final pits Spain against Argentina, two countries with a former colonial relationship and complicated social and economic ties. Adam and Cameron trace the relationship's history.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Private investment in artificial intelligence in 2025 reached nearly $300 billion and is likely to grow this year. The companies making those investments include Microsoft, Google, Amazon, and Meta. Who’s winning the AI arms race, and what does it mean for the economy—and for humanity?

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

The Declaration of Independence, which founded the United States as an independent nation, was written in 1776—the same year that Adam Smith published The Wealth of Nations, the most prominent early treatise on international capitalism. Whether that represents a coincidence remains an ongoing debate. What’s clear, however, is that over the past two and a half centuries, the United States emerged as a slave economy, a free labor economy, a debtor nation, a creditor nation, and ultimately a powerful empire. Adam and Cameron discuss.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

Adam and Cameron recorded this episode from Dalian, China, where they’re attending the World Economic Forum’s 17th Annual Meeting of the New Champions, known as “Summer Davos.” They discuss the economy of China.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices

As the 10th anniversary of the Brexit referendum approaches, Adam and Cameron discuss the impact on the British economy.

Also on the show: The Allied invasion of Normandy.

Learn more about your ad choices. Visit https://megaphone.fm/adchoices