Market Power - Why businesses charge more

Market Power - Why businesses charge more

What's the competition? When businesses have less competition, they have more market power and can raise their prices. Betsey Stevenson and Justin Wolfers explore competition in the market place and the way it shapes prices - and profit.

Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.

See omnystudio.com/listener for privacy information.

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Episoder(79)

Could Price Comparison Apps Be Making Gas MORE Expensive? | The Professor Is In

Could Price Comparison Apps Be Making Gas MORE Expensive? | The Professor Is In

Justin is back for another episode of The Professor Is In, answering questions, responding to comments, and clarifying his previous takes. The gas price story is not just about your local station—it r...

11 Jul 18min

The Hidden Pattern in Gas Prices (And How to Beat It) | Diving In

The Hidden Pattern in Gas Prices (And How to Beat It) | Diving In

Oil prices spike and pump signs change almost instantly. But when crude falls, the savings trickle in slowly — if they arrive at all. This pattern, known as "rockets and feathers," is real and measura...

8 Jul 11min

Feel Your Feelings: Jobs, Trump Accounts, and America's Big Birthday | Off the Clock

Feel Your Feelings: Jobs, Trump Accounts, and America's Big Birthday | Off the Clock

Justin is back with Stacey Vanek Smith for another episode of Off the Clock just in time for America’s 250th birthday. The two of us dive into the latest economic news, and sift through the noise so y...

4 Jul 47min

June Jobs Report: Not Sinking, But Not Surging. Just Treading Water. | Diving In

June Jobs Report: Not Sinking, But Not Surging. Just Treading Water. | Diving In

Is a “bad” jobs number is closer to normal than you think? In this 10-minute breakdown, Justin Wolfers explains how to read the latest jobs report without overreacting to a single headline. June payro...

2 Jul 10min

Navigating Inflation: Smart Strategies for Better Choices | Diving In

Navigating Inflation: Smart Strategies for Better Choices | Diving In

Inflation doesn't just raise prices — it tricks you into staring at bigger dollar numbers instead of asking what those dollars can actually buy. A two percent pay raise sounds great until inflation is...

1 Jul 18min

How Food Delivery Killed Competition (And Took Your Budget With It) | Diving In

How Food Delivery Killed Competition (And Took Your Budget With It) | Diving In

Getting food delivered should be simple — but somehow it's gotten outrageously expensive. In this video, Justin Wolfers break down why food delivery apps like DoorDash, Uber Eats, and Grubhub make it ...

24 Jun 15min

Sifting Through the Wreckage of An Ill-Informed War| Slate's What Next + Platypus Economics

Sifting Through the Wreckage of An Ill-Informed War| Slate's What Next + Platypus Economics

In this episode of Slate's What Next, we examine the economic costs of the conflict with Iran and why the true price of war extends far beyond the immediate impact on oil prices. From higher energy co...

23 Jun 25min

Better Lawyers, Worse Economics: Inside Trump's Latest Tariff Strategy | Diving In

Better Lawyers, Worse Economics: Inside Trump's Latest Tariff Strategy | Diving In

Trump's trade war just won't die. After the Supreme Court struck down his "Liberation Day" tariffs and courts blocked his emergency global surcharge, the White House is back with a third attempt — thi...

17 Jun 14min

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