Garrett M. Petersen

The Economic History of War and Conflict with Jari Eloranta

My guest for this episode is Jari Eloranta, he is a professor of comparative economic and business history at Appalachian State University. Jari’s work focuses on the economic history of national defense. In this far-reaching conversation, we go all the way back to pre-modern societies’ methods of financing their militaries, then trace the transitions up through the early modern period and into the 20th century. We discuss the way war has shaped modern states and institutions.

Books mentioned:

The First Total War: Napoleon’s Europe and the Birth of Warfare as We Know It, by David A. Bell.

The Gunpowder Age: China, Military Innovation, and the Rise of the West in World History, by Tonio Andrade.


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Rentberry, Digital Markets, and Affordable Housing with Alex Lubinsky

My guest today is Alex Lubinsky, co-founder of the Silicon Valley startup Rentberry.

Rentberry is a platform that lets landlords post units for rent so that tenants can bid on them. Once a landlord posts a vacancy, different potential tenants can make offers and the landlord can select which one to rent to.

Importantly, the landlord doesn’t have to select the highest bidder. Potential tenants on Rentberry put in their personal characteristics up on the site, so landlords can select for the type of tenants they want. Maybe they’re willing to accept a lower rent from a quiet single woman than a family of five with four dogs and six cats.

There has been some controversy about the site, stemming from the fact that it leads tenants to bid against one another, potentially pushing up prices. One tenant advocate said, “I think it’s incredibly arrogant and incredibly concerning in light of the fact that we have the highest number of homeless families since the Great Depression. For them to do something to increase the rents seems really callous.” Vanity Fair said Rentberry would turn rental markets into a Hunger Games-like death match. Continue reading Rentberry, Digital Markets, and Affordable Housing with Alex Lubinsky

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50th Episode Special with Garrett Petersen and Ash Navabi

Hello and welcome to the fiftieth episode special of Economics Detective Radio! Today we have Ash Navabi back on the program, but we’re flipping the script: Ash will be interviewing me about the show and about all the things I’ve learned while making it.

In this episode, I alienate the political right by discussing the importance of labour mobility and the desirability of open borders. I also alienate the political left by expressing a lukewarm position on climate change. I also discuss my own research plans relating to law and economics.

Finally, we discuss literature! Really, if you like Economics Detective Radio you have to hear this episode.


 
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Anthropometric History, Quebec, and the Antebellum Height Puzzle with Vincent Geloso

Returning to the podcast is Vincent Geloso of Texas Tech University.

Our topic for this episode is anthropometric history, the study of history by means of measuring humans. Doing serious historical research into the distant past is difficult work, because the further you look back in time, the less information you can access. For the 20th century we have wonderful thing like chain-weighted real GDP. Going back further, we have some statistics, lots of surviving physical evidence, and loads of documents and writings. Going further than that, we’re left with the odd scrap of thrice-copied surviving manuscripts and second-hand accounts from people who lived centuries after the events they describe. And going even further than that, we have just bones and dilapidated temples with the occasional inscription. Continue reading Anthropometric History, Quebec, and the Antebellum Height Puzzle with Vincent Geloso

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Doughnut Economics, Inequality, and the Future of Economic Growth with Kate Raworth

Today’s guest is Kate Raworth, she is a senior visiting research associate at Oxford University’s Environmental Change Institute, a Senior Associate at the Cambridge Institute for Sustainability Leadership, and the author of Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist.

In this interesting and wide-ranging discussion, we discuss Kate’s critiques of the standard models taught to economics undergraduates, as well as her views on development, economic growth, inequality, and the environment. You might think our viewpoints would be very different on these topics, but we find a surprising amount of common ground.

During our discussion of inequality and the patterns noticed in the 1950s by Simon Kuznets, I bring up Geloso and Magness’ work on inequality in the early 20th century. You can hear my conversation with Vincent Geloso about that research here, as well as his comments on it here.


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Turkey’s Coup D’état and Geospatial Data Analysis with Akin Unver

Today’s guest is Akin Unver of Kadir Has University. He uses geospatial data to study political events such as the attempted coup in Turkey in 2016.

The coup was an attempt by certain rogue elements of the Turkish armed forces to oust President Erdogan. However, unlike past coups in 1960, 1971, 1980, and 1997, the Turkish people documented and coordinated their opposition to it on social media in real time, leaving a rich record of events as they unfolded.

Akin’s research, which was featured in an extensive and detailed article for Foreign Affairs, shows how, when, and where the opposition to the coup occurred. He shows, for instance, the importance of mosque networks in coordinating resistance. And while the media put a lot of importance on Erdogan’s personal appeals through FaceTime and Twitter in galvanizing support, the data show that resistance started organically almost as soon as the coup began, hours before Erdogan appeared on television to rally support.

The discussion delves deep into specific details of the coup and the resistance, while also touching on other areas of Akin’s research. Towards the end, we discuss the technical side of working with geospatial data.


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Innovation, Invention, and Britain’s Industrial Revolution with Anton Howes

This episode features Anton Howes of Brown University. He is a historian of innovation, and in this conversation we discuss his work on the explosion of innovation that occurred in Britain between 1551 and 1851. You can check out his Medium blog for some of the articles we discuss.

Anton has collected a data set of over 1,000 British innovators who worked during this period. He has documented their education, their experience, and their relationships with one another. Some of the interesting patterns that emerge in his data are the large fraction of innovators who developed technologies in industries outside of their areas of expertise, as well as the high degree of interconnectedness between innovators. Continue reading Innovation, Invention, and Britain’s Industrial Revolution with Anton Howes

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Regulation, Discretion, and Public Choice with Stephen M. Jones

What follows is an edited partial transcript of my conversation with Stephen M. Jones. He is an economist for the US Coast Guard. However, we are discussing his own research, so nothing in this conversation should be taken to represent the official views of the US Coast Guard.


Petersen: So Stephen, let’s start just by defining regulatory discretion. What does that mean in this context?

Jones: Sure. So, I think first off, we should probably define regulation because when Congress writes a law, they pass the law on to regulatory agencies and it will say something to the effect of “agencies: issue a regulation.” So, when we talk about regulations this point isn’t always clear because people just aren’t familiar with this process. The regulation is a statement that kind of clarifies existing congressional law or is written in direct response to congressional law. And this could be as specific as, say, Congress can direct an agency to set an exact amount of pollution that is permitted for an industry to as broad as saying something like “protect consumers from unreasonable risks.” And then the agency has room to interpret that statement as wide as it wants to.

So, when I talk about agency discretion what I’m really talking about is Congress wrote a rule that gave the agency power to issue legally binding rules that may or may not trace directly back to Congress. Continue reading Regulation, Discretion, and Public Choice with Stephen M. Jones

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Canada’s Cartel Problem with Maxime Bernier

What follows is an edited transcript of my conversation with Maxime Bernier. If you like his ideas, I encourage you to go to his website to learn more about them.


Petersen: You’re listening to Economics Detective Radio. Before we start let me give a quick disclaimer that although today’s guest is a politician this show is nonpartisan and doesn’t endorse any particular candidate for office. My guest and I are also Canadian so we’ll be talking about some Canada-specific issues. I know I have an international audience but sometimes it’s fun to learn about what’s going on in other countries. So I hope you’ll listen nonetheless. And now on to the episode.

My guest today is Maxime Bernier, he is the Member of Parliament for Beauce, Quebec and a contender for the Conservative Party leadership race. Maxime, welcome to Economics Detective Radio.

Bernier: Thank you very much for having me.

Petersen: So, our topic today will be Canada’s economy and its economic policy. There’s a lot to get to on this topic but let’s start with the positive. The Fraser Institute’s Economic Freedom of the World Index ranks Canada as the fifth freest country in the world, actually tied for fifth. We’re well ahead of our neighbors, the Americans, who come in at number 16. So, to start our discussion, Maxime, what is Canada doing right with respect to its economic policy?

Bernier: First of all, I think that this was the ranking that the Fraser Institute did a year ago, if I remember very well, and at that time we had a balanced budget when we were in government and also we were successful in lowering taxes for every Canadian. And I think that’s a key when you speak about more freedom you must also have less government and a limited government in Ottawa. And I think that was the goal of the Conservative government when we were in government.

And also we have a lot of free trade. That’s very important. We signed free-trade agreements with I think, if my memory is good, 45 countries. So, when you have more free trade like that, Canadians are able to buy goods from every country and they are able to also export products. So, that’s helping also.

More free trade, less government, lower taxes and I think that’s a big reason why we are there now. Continue reading Canada’s Cartel Problem with Maxime Bernier

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DonorSee and the Future of Charitable Giving with Gret Glyer

What follows is an edited transcript of the first part of my conversation with Gret Glyer, creator of DonorSee. For the full conversation, listen to the episode.


Petersen: My guest today is Gret Glyer, he is the creator of a new app called DonorSee. Gret, welcome to Economics Detective Radio.

Glyer: Thank you for having me, Garrett. How are you?

Petersen: I am great! So, DonorSee is a charitable giving app with a very interesting twist which—we’ll get to the app itself in a little bit—but first let’s start with some background. Tell us a little bit about yourself and how you got involved with the nonprofit sector.

Glyer: Sure. So, I graduated from college in 2012 and immediately started working at a rental car company and did that for about a year and did really well. And I was promoted very quickly and I was told by upper management I was going to skyrocket through the ranks and that whole idea of being very successful having six or seven figure income, getting a company car, that kind of stuff, was just a depressing thought to me because I didn’t want to wake up in twenty years and be really good at renting cars to people. Continue reading DonorSee and the Future of Charitable Giving with Gret Glyer

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