Political Economy with Jim Pethokoukis

Political Economy with Jim Pethokoukis


Latest Episodes

Neil Thompson: Is Moore’s Law Coming to an End?
June 08, 2022

Moore's law, which states that the number of transistors on a microchip doubles every two years, has fueled rapid computing gains since the mid-20th century. But will this law last forever? Today's guest, Neil Thompson, thinks its end is near. I've invite

Tony Mills: Thinking about Federal Science Investment
June 01, 2022

When America endeavors to tackle an ambitious project, we speak in terms of moonshots or a "Manhattan Project for X." The assumption is that vast government resources, directed toward some objective, can yield results on the scale of the Moon landing or t

Tyler Cowen: Spotting Talent in the Modern Economy
May 25, 2022

From job interviews to college admissions, identifying and allocating talent plays a big role in the modern economy. But what is talent? And how well can we pick it out from a quick conversation or a glance at a resume? Returning to Political Economy to a

Walker Hanlon: The Industrial Revolution and the Rise of the Engineer
May 18, 2022

In the field of economic history, the causes and consequences of the Industrial Revolution loom large. Competing theories point to the role of institutions, scientific achievements, and bourgeois ideas. Setting aside the origins of industrialization, anot

Rick Hess: Post-pandemic Education Reform
May 11, 2022

America's kids have been greatly affected by the pandemic, from canceled sports seasons to constant academic disruption. And at the same time, parents are caught up in bitter disputes over masking and critical race theory in schools. To get a better sense

Jimmy Soni: How PayPal Shaped Silicon Valley
May 04, 2022

Before Elon Musk was the world's wealthiest man, founder of a rocket company, and owner of Twitter, he was best known as one of the founders of PayPal. Other PayPal alumni went on to found companies like YouTube, Yelp, and LinkedIn. And the "don" of the P

Mark Jamison: Exploring the Metaverse
April 27, 2022

Last year, Facebook rebranded itself as Meta, signaling its shift from traditional social media to a big bet on the so-called metaverse. This network of 3D, online spaces is accessed through virtual reality headsets like Meta's Oculus and promises to revo

Virginia Postrel: Dynamism or Stasis?
April 20, 2022

In the early 19th century, English textile workers calling themselves "Luddites" destroyed machinery in an effort to save their jobs from automation. And two centuries later, those who resist technological change are still called Luddites. In the 2020 boo

Dan Sichel: Nails as a Window into Economic Change
April 13, 2022

When economists set out to measure economic growth and progress over time, one challenge is accounting for striking differences in the quality of goods. Computers, cell phones, and cars on the market today are not easily comparable to those available in 1

Mark Muro: The geography of the tech sector
April 06, 2022

Since the early days of the digital revolution, the San Francisco Bay area has played a key role from the rise of the microchip to today's software giants like Facebook and Google. But why has the tech sector remained so geographically concentrated for so