If you happened to be in downtown Chicago during the first week of January this year, you would have seen something incredibly strange – hundreds of young people, somethings, dressed in new suits and stiff new shoes, a lot of them running. They’re sprinting down the sidewalks of the city back and forth across the Chicago River. The reason – the reason they’re running is that the economics profession at some point decided that it was going to create a job market unlike any other. MA: Every university or company that wants to hire a professional economist has come here to Chicago for the weekend. Every employer’s set up in a different hotel room in hotels all across the city. They try to interview for as many jobs as they can over the next three days. It’s like speed dating for economists.
Episode 513: Dear Economist, I Need A Date
One activity that can be more stressful that work is dating–particularly online dating. However, an economic reporter from Planet Money , Lisa Chow, took a systematic analysis approach to this process. And, independently, Tim Harford, who now writes the “Underground Economist” column for the Financial Times , wrote a column called “Dear Economist” from , in which he answered questions about love, dating, and other personal matters by applying economic principles and analysis.
Chow’s process was practical. It entailed creating a spreadsheet and applying efficiencies to the online dating process.
Economics is a game you should know how to play. And once you get the fundamental concepts, you start to see it everywhere: the news, the supermarket and even your dating life. So it’s time to learn the rules. Planet Money Summer School is a crash course in economics for your ears. See the world through the lens of an economist and you’ll start to feel a little less overwhelmed when making financial decisions. And if you’re in front of the classroom? Teachers, this is made for you, too.
Let us be your breezy and fun companion to assigned readings. We’ll even assign the homework and spare you the groans. Go beyond summer school and stay up-to-date on the economy with the latest episodes of the Planet Money podcast. Subscribe to Planet Money:.
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NPR’s Planet Money highlights high rollers, brainy economists and financial experts to keep you up to date on the fiscal world. Money makes the world go.
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For a certain attitude towards money the sordid history will delight casual listeners.
SMITH: Hello and welcome to PLANET MONEY. that this is one of those romantic comedies where the hero is doing all of this dating online.
Robert Smith. Economists have a yearly job market that works a little bit like speed dating. About 1, economics graduate students converged on the chilly Chicago streets in early January. Some of them ran through those streets, trying to get to the next hotel on time. At some point in time, the economics profession decided it was going to create a job market unlike any other.
They were going to create a system that is the most efficient job market imaginable. Every year, universities and companies that want to hire a professional economist converge on one city. They set up shop in hotel rooms.
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And once you get the fundamental concepts, you start to see it everywhere: the news, the supermarket and even your dating life. So it’s time to.
Then COVID sent the economy into a tailspin, and the company that issued the junk bond declared bankruptcy. But that wasn’t the end of the story. Illustration by Therrious Davis Therrious Davis hide caption. Yet the unemployment rate is only part of the story. But vaccine development usually takes years. The White House is betting money can speed things up. Now it means a mountain of debt. Subscribe to our weekly newsletter here. But Congress just went on vacation.
Planet Money Summer School
OK, so a couple of physicists walk into a bar. Just kidding. They’re not at a bar. They’re at a school. Scientists in training. I’m sure this story seems strange to you, but to me, it was just– you know, this was just like another day in the physics world.
Planet Money. From NPR. The economy explained. Imagine you could call up a friend and say, “Meet me at the bar and tell me what’s going on with the.
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Episode 769: Speed Dating For Economists
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SUMMER SCHOOL 1: Choices & Dating. Planet Money. NPR Find all episodes of Planet Money Summer School here. First lesson.
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