Tim Harford The Undercover Economist

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My recommendations for top podcasts, tweets, videos and anything else that makes economics fun.

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The Asch Conformity Experiment

This is a classic and well worth your time.

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Economics in the office jungle

Highlights

“The Undercover Economist” – a free chapter

The second edition of The Undercover Economist was published last year in the UK, and recently as an eBook in the US.

The biggest change from the first edition was a new chapter about the financial crisis. Lots of people have written to ask whether they can get this chapter without buying the entire book again. That seems only reasonable, and you can now download it here. Enjoy.

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The real estate rollercoaster as an actual rollercoaster

I saw this a few years back, and the data stop in 2006, but in many ways I think it works better that way. This is US data, and we know how the story ended in the US. In the UK I think we’d still find ourselves near the top, but what do I know?

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Resources for economics teachers: the Economics Network

I have just agreed to become a patron of the Economics Network. Perhaps the most useful thing I can do in that capacity is to draw your attention to the fact that the Network has assembled a large collection of resources for economics teachers.

If that’s not enough for you, check out Jim and Geoff Riley’s A-Level economics blog.

24th of February, 2012ResourcesComments off
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The stand-up economist: sh*t happens

The latest from the excellent Yoram Bauman. Do check out his cartoon guides to economics.

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Top 10 Economists on Twitter

Twitter’s top 10 economists (12 February 2011) (previously)
@CMEGroup Chicago Mercantile Exchange 772,973 followers
@NYTimesKrugman Paul Krugman, Nobel Laureate & columnist 518,219 followers
@andrewrsorkin Andrew Ross Sorkin, NYT Dealbook 342,976 followers
@freakonomics The Freakonomics blog 248,927 followers
@WSJ_Econ Real Time economics from the Wall Street Journal 169,736 followers
@planetmoney NPR’s Planet Money 150,370 followers
@Richard_Florida Richard Florida, Urbanist 90,773
@PKedrosky Paul Kedrosky, Financial commentator 90,153 followers
@nouriel Nouriel Roubini, Economic forecaster 37,536 followers
@dambisamoyo Dambisa Moyo, Aid Sceptic 31,791 followers

Or follow the full Top 10 at this list.

Honourable mentions (I am doing a rolling update to reflect comments at the moment):

@evanHD Evan Davis, formerly BBC economics editor 24,847 followers
@DavidMcW David McWilliams, Irish popular economist 22,582 followers
@FelixSalmon Felix Salmon Finance blogger, Reuters 16,224 followers
@jeffdsachs Jeffrey Sachs, Columbia University 15,990 followers
@TimHarford Tim Harford, Undercover Economist at the Financial Times, 12,694 followers (that’s me)
@Bill_Easterly Bill Easterly, New York University 10,740 followers
@Paulmasonnews Paul Mason, economics editor of BBC Newsnight 10,560 followers
@danariely Dan Ariely, Behavioural psychologist 9,483 followers
@tylercowen Tyler Cowen, curator of Marginal Revolution 7,808 followers
@DavidMWessel David Wessel Wall Street Journal’s Economics Editor 6,957 followers
@crampell Catherine Rampell, Economix Blog editor 3,956 followers
@EconEconomics Economics news from The Economist 3530 followers
@EconTalker Russ Roberts, econ professor and host of EconTalk 3211 followers
@cblatts Chris Blattman, Political scientist 2,824 followers
@plegrain Philippe Legrain, author 1917 followers
@B_Eichengreen Barry Eichengreen, economics professor 2,223 followers
@diane1859 Diane Coyle, The Enlightened Economist 1,454 followers
@DLeonhardt David Leonhardt, New York Times columnist 1364 followers
@AndrewSimms_NEF Andrew Simms, New Economics Foundation 864 followers
@Gregoryip Greg Ip, US Economics editor, The Economist 835 followers
@dismalscientist Tweets from Moody’s Analytics, 616 followers
@tutor2u_econ Resources for economics teachers 607 followers
@dsmitheconomics David Smith, Economics editor, Sunday Times 396 followers
@OlafStorbeck Olaf Storbeck, Economics editor, Handelsblatt 327 followers

Feel free to email [undercovereconomist AT gmail] or tweet [ @timharford ] with further suggestions. I’ll update this post from time to time. Comments are open.

Radio

Best economics podcasts

I’ve recently – and belatedly – come to the podcasting thing and wanted to put together my favourite economics podcasts as a resource for others.

NPR’s Planet Money is quite simply the best economics podcast out there. Great production values, very creative, serious economics topics treated with a light touch. The team also produced perhaps the greatest economics radio documentary ever made, This American Life’s The Invention of Money.

Another brilliantly-produced podcast is Freakonomics Radio. Stephen Dubner presents a range of topics which can only be described as Freakonomicsy – recent episodes looked at molecular gastronomy and the business of trash disposal. If you want pure economics you won’t find it here, but Dubner brings the same storytelling verve he brought to the Freakonomics books.

Russ Roberts’s EconTalk is, by contrast, pure economics: Russ, a professor at George Mason University, has strong views of his own – he’s a Hayek man through and through – but brings on a wide range of guests and gives them a sympathetic hearing. (As I type I’m listening to Russ discuss whether the stimulus worked with the Keynes expert Steve Fazzari – and a thoroughly civilised conversation it is too.) EconTalk offers no fancy production techniques – guests are usually speaking down a phone line. It’s like eavesdropping on a one-hour conversation between smart economists, including 8 Nobel prize winners. Count ‘em.

Owen Barder, a totipotent development guru based in Addis Ababa, is the host and producer of Development Drums. With some exceptions, the format is similar to EconTalk: a one-hour conversation with the experts about a topic of interest. (Somehow Owen seems to get better sound quality than Russ Roberts does.) Guests have included Peter Singer, Rachel Glennerster, Paul Collier, Nancy Birdsall and many other development luminaries. A must for development wonks.

Radio 4’s Analysis often covers economics topics – for instance Jamie Whyte, with the aid of the Keynes v Hayek rap, exploring the revivial of Austrian economics. Mostly talking heads but with high production values.

Two other recommended Radio 4 podcasts about business rather than economics: Peter Day’s World of Business (in depth, on location) and Evan Davis’s The Bottom Line (studio discussion with business leaders).

The London School of Economics has a stellar collection of speakers and releases many events as podcasts.

I have to put in a word for my own team. More or Less on Radio 4 is a half-hour look at the numbers in the news and in the world around us. The producer, Richard Knight, always finds fresh angles, plenty of humour, and high production values. And sometimes – nay, often – it’s about economics.

And an honourable mention for FT Podcasts, which are collected here. I am told that Martin Wolf’s podcast has, alas, been discontinued.

One last thing: more suggestions very welcome. I feel there’s a lot out there I must be missing. Comments are open.

Update: Vox, the excellent blog in which economists write accessible summaries of their work,. has an audio section.

Update 2: I have just discovered that Paul Kedrosky of Infectious Greed has a podcast, Infectious Talk, with some brilliant guests – Dan Ariely, Kathryn Schulz, Paul Romer, Josh Lerner and many others. Looking forward to giving it a listen.

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“Are the economists on drugs too?”

If you enjoyed today’s Outside Edge from a rationally alcoholic tramp, you may enjoy my lunch interview with Gary Becker, Nobel laureate and co-founder of the theory of rational addiction.

And here’s a more subversive take on the theory – not safe for work:

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The Top 10 Economists on Twitter

Twitter’s top 10 economists (11 November 2010)
@CMEGroup Chicago Mercantile Exchange 764,000 followers
@NYTimesKrugman Paul Krugman, Nobel Laureate & columnist 466,000 followers
@andrewrsorkin Andrew Ross Sorkin, NYT Dealbook 317,000 followers
@freakonomics The Freakonomics blog 184,000 followers
@planetmoney NPR’s Planet Money 113,000 followers
@PKedrosky Paul Kedrosky, Financial commentator 70,500 followers
@Richard_Florida Richard Florida, Urbanist 69,800
@nouriel Nouriel Roubini, Economic forecaster 28,700 followers
@dambisamoyo Dambisa Moyo, Aid Sceptic 26,800 followers
@evanHD Evan Davis, formerly BBC economics editor 20,000 followers

Or you can follow them all in one go at this handy list.

Update: The definition of “economist” is clearly subjective but otherwise this list is simply the 10 most popular econ-related twitter accounts that I could find. More suggestions welcome!

Honourable mentions – a subjective combination of econ tweeters who are popular, interesting or under-appreciated:

@DavidMcW David McWilliams, Irish popular economist 12,900 followers
@FelixSalmon Felix Salmon Finance blogger, Reuters 11,500 followers
@jeffdsachs Jeffrey Sachs, Columbia University 9100 followers
@TimHarford Tim Harford, Undercover Economist at the Financial Times, 8500 followers (that’s me)
@Bill_Easterly Bill Easterly, New York University 8480 followers
@danariely Dan Ariely, Behavioural psychologist 6400 followers
@tylercowen Tyler Cowen, curator of Marginal Revolution 6350 followers
@DavidMWessel David Wessel Wall Street Journal’s Economics Editor 4800 followers
@crampell Catherine Rampell, Economix Blog editor 2800 followers
@cblatts Chris Blattman, Political scientist 2000 followers
@diane1859 Diane Coyle, The Enlightened Economist 970 followers
@tutor2u_econ Resources for economics teachers 470 followers

The idea for composing this list came from a post on the Oxford Economics blog.

Feel free to email [undercovereconomist AT gmail] or tweet [ @timharford ] with further suggestions. I’ll update this post from time to time.  Comments are open.

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