Here’s a link to the second installment of my OLLI talk on the wonder of economic growth. I gave it on Wednesday, March 25 and John Crompton has done a beautiful job of filming it and putting it together. He went above and beyond, finding pictures of William Nordhaus, Thomas Carlyle, and others.
Some highlights (times are approximate):
0:30: Hans Rosling’s 200 countries over 200 years in 4 minutes.
5:30: The weird way actuaries measure life expectancy.
(One little thing left out by the videographer because I walked too close to the camera: why the 1918-1919 flu was called the Spanish flu. It was because Spain was not at war and so its government did not censor. President Wilson had tried to cover it up.)
7:00: Julian Simon and Ted Baxter on population.
9:20: The check. “Honey, you lost the bet; send him the damn check and if you don’t, I will.”
10:30: How he gets it right and then blows it.
14:00: Andrew Yang’s UBI.
15:00: Homeless and housing.
16:30: Who gains from technology?
18:00: Yaron Brook on who gains from the iPhone.
18:40: Major decline in Hispanic and black poverty during the Trump years.
22:50: Pollution. Environmental quality is a normal good. The EPA did some good things.
25:00: The truth about Love Canal.
26:30: The New History of Capitalism and slavery.
28:30: The referee process for academic journals.
30:00: Greed and Milton Friedman.
32:50: Phil Donahue lets him talk.
34:10: Income inequality.
36:20: Income mobility.
37:10: Raj Chetty’s bait and switch.
39:40: My 4-minute video on good and bad inequality.
44:40: How much will global warming hurt the economy?
45:45: A little math.
49:40: Water: allow desal.
51:00: The crucial number: the elasticity of demand for housing.
52:00: How to deal with overcrowding of cities.
53:45: The role of entertainers and athletes in the economy.
55:20: Steph Curry.
55:40: How Draymond Green reminds me of Donald Trump.
56:20: Economics as a dismal science.
Note: The picture at the top is of the check that Anne Ehrlich wrote to pay Julian Simon for winning the bet against her husband.
Click this link for the original source of this article.
Author: David Henderson
This content is courtesy of, and owned and copyrighted by, https://www.econlib.org and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.