205 | John Quiggin on Interest Rates and the Information Economy

205 | John Quiggin on Interest Rates and the Information Economy

The idea of an "interest rate" might seem mundane and practical, in comparison to our usual topics around here, but there is a profound philosophical idea lurking in the background: if you lend me money now against the promise of me paying you back more in the future, I am relating the different values that a certain sum has to me at different moments in time. Traditionally, the interest rates set by the government have been a major tool for influencing the economy, but in recent decades they have increasingly fallen near zero. John Quiggin relates this change to the shift from manufacturing to an information economy, and we talk about what that means for the public interest in having information be reliable and widely available. And yes, there is a bit about crypto.

Support Mindscape on Patreon.

John Quiggin received his Ph.D. in economics from the University of New England. He is currently a VC Senior Fellow in Economics at the University of Queensland. He is a Fellow of the Econometric Society and the Academy of the Social Sciences in Australia. Among his books are Zombie Economics: How Dead Ideas Still Walk Among Us and Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly.


Episoder(418)

Bonus | Cuts to Science Funding and Why They Matter

Bonus | Cuts to Science Funding and Why They Matter

The Trump administration, led by Elon Musk and his Department of Government Efficiency, has proposed sweeping cuts to spending on science research here in the US, in particular at the National Institu...

12 Feb 20251h 10min

304 | James Evans on Innovation, Consolidation, and the Science of Science

304 | James Evans on Innovation, Consolidation, and the Science of Science

It is a feature of many human activities - sports, cooking, music, interpersonal relations - that being able to do them well doesn't necessarily mean you can accurately describe how to do them well. S...

10 Feb 20251h 16min

303 | AMA | February 2025

303 | AMA | February 2025

Welcome to the February 2025 Ask Me Anything episode of Mindscape! These monthly excursions are funded by Patreon supporters (who are also the ones asking the questions). We take questions asked by Pa...

3 Feb 20253h 44min

303 | James P. Allison on Fighting Cancer with the Immune System

303 | James P. Allison on Fighting Cancer with the Immune System

A typical human lifespan is approximately three billion heartbeats in duration. Lasting that long requires not only intrinsic stability, but an impressive capacity for self-repair. Nevertheless, thing...

27 Jan 20251h 7min

302 | Chris Kempes on the Biophysics of Evolution

302 | Chris Kempes on the Biophysics of Evolution

Randomness plays an important role in the evolution of life (as my evil twin will tell you). But random doesn't mean arbitrary. Biological organisms are physical objects, after all, and subject to the...

20 Jan 20251h 30min

301 | Tina Eliassi-Rad on Al, Networks, and Epistemic Instability

301 | Tina Eliassi-Rad on Al, Networks, and Epistemic Instability

Big data is ruling, or at least deeply infiltrating, all of modern existence. Unprecedented capacity for collecting and analyzing large amounts of data have given us a new generation of artificial int...

13 Jan 20251h 9min

300 | Solo: Does Time Exist?

300 | Solo: Does Time Exist?

A new year, and a new centennial -- 300 (regularly-numbered) episodes of Mindscape! Our tradition is to have a solo episode, and what better topic than the nature of time? Physicists and philosophers ...

6 Jan 20252h 11min

Holiday Message | Hits and Misses

Holiday Message | Hits and Misses

It's the end of the year, and time for our annual holiday break here at Mindscape. But as usual, we wrap up with a Holiday Message. This year, inspired by Joni Mitchell's "Hits" and "Misses" albums, I...

23 Des 20242h 1min

Populært innen Vitenskap

fastlegen
tingenes-tilstand
rekommandert
rss-nysgjerrige-norge
forskningno
sinnsyn
vett-og-vitenskap-med-gaute-einevoll
liberal-halvtime
smart-forklart
rss-rekommandert
pod-britannia
jss
fjellsportpodden
villmarksliv
rss-overskuddsliv
nevropodden
aldring-og-helse-podden
tomprat-med-gunnar-tjomlid
dekodet-2
rss-bondevennen