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Dan Sichel: Nails as a Window into Economic Change
Manage episode 325488439 series 3079041
Content provided by AEI Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AEI Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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 1990. But over the centuries, remarkably little has changed about the common construction nail. For that reason, today's guest explores American economic history through the story of nails. Studying nail production and costs over the past three centuries, Dan Sichel joins this episode of "Political Economy" to explain what we can learn from the humble nail.
Dan is a professor of economics at Wellesley College in Massachusetts and the author of "The Price of Nails since 1695: A Window into Economic Change."
200 episodes
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Manage episode 325488439 series 3079041
Content provided by AEI Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AEI Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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 1990. But over the centuries, remarkably little has changed about the common construction nail. For that reason, today's guest explores American economic history through the story of nails. Studying nail production and costs over the past three centuries, Dan Sichel joins this episode of "Political Economy" to explain what we can learn from the humble nail.
Dan is a professor of economics at Wellesley College in Massachusetts and the author of "The Price of Nails since 1695: A Window into Economic Change."
200 episodes
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Similar to Political Economy with Jim Pethokoukis
"OPB Politics Now" is a weekly podcast that takes a deep dive into the hottest political topics in Oregon and the Northwest. Every Friday, OPB’s political reporters and special guests offer in-depth analysis, discussion and insight into candidates, events and issues.
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continue reading
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continue reading
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…
continue reading
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continue reading
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