Anja Shortland of King's College London talks about her book Kidnap with EconTalk host Russ Roberts. Kidnapping is relatively common in parts of the world where government authority is weak. Shortland explores this strange, frightening, but surprisingly orderly world. She shows how the interaction between kidnappers, victims, and insurance companies creates a somewhat predictable set of prices for ransom and creates a relatively high chance of the safe return of those who are kidnapped.
Bjorn Lomborg on the Costs and Benefits of Attacking Climate Change
Bjorn Lomborg, President of the Copenhagen Consensus Center, talks about the costs and benefits of attacking climate change with EconTalk host Russ Roberts. Lomborg argues that we should always be aware of tradeoffs and effectiveness when assessing policies to reduce global warming. He advocates for realistic solutions that consider the potential to improve human life in other ways. He is skeptical of the potential to move away from fossil fuels and argues that geo-engineering and adaptation may be the most effective ways to cope with climate change.
Alain Bertaud on Cities, Planning, and Order Without Design
Urbanist and author Alain Bertaud of NYU talks about his book Order Without Design with EconTalk host Russ Roberts. Bertaud explores the role of zoning and planning alongside the emergent factors that affect the growth of cities. He emphasizes the importance of cities as places for people to work and looks at how preferences and choices shape cities. Bertaud also reflects upon the differing perspectives of urban planners and economists.
David Epstein on Mastery, Specialization, and Range
Journalist and author David Epstein talks about his book Range with EconTalk host Russ Roberts. Epstein explores the costs of specialization and the value of breadth in helping to create mastery in our careers and in life. What are the best backgrounds for solving problems? Can mastery be achieved without specialization at a young age? What experiences and knowledge best prepare people to cope with unexpected situations? This is a wide-ranging conversation that includes discussion of chess, the Challenger tragedy, sports, farming in obscure Soviet provinces after the revolution, the Flynn effect and why firefighters sometimes fail to outrun forest fires.
Mary Hirschfeld on Economics, Culture, and Aquinas and the Market
Author, economist, and theologian Mary Hirschfeld of Villanova University talks about her book, Aquinas and the Market, with EconTalk host Russ Roberts. Hirschfeld looks at the nature of our economic activity as buyers and sellers and whether our pursuit of economic growth and material well-being comes at a cost. She encourages a skeptical stance about the ability of more stuff to produce true happiness and/or satisfaction. The conversation includes a critique of economic theory and the aspect of human satisfaction outside the domain of economists.