Hal Varian on Taking the Academic Approach to Business

Hal Varian on Taking the Academic Approach to Business

Before he became the Adam Smith of Googlenomics, Hal Varian spent decades as an academic economist, writing influential papers, a popular book about the information economy, and several textbooks that are still taught today. So how has his nearly twenty years in the business world affected what he'd write and teach now? Is learning Shephard's lemma really that important anymore?

Tyler asks Hal these questions and more: why aren't there more second-priced auctions — or prediction markets? How have the economics of sales changed with the internet? In what ways did his hiring criteria change between academia and business? What could we learn from the sack of Rome? When should economists avoid looking at the literature? How are we always eking out victory in the war on spam? And what are people least likely to understand about Google? Fear not — Hal has an answer for it all.

Read a full transcript enhanced with helpful links.

Recorded May 10th, 2019

Other ways to connect

Episoder(286)

Emily St. John Mandel on Fact, Fiction, and the Familiar

Emily St. John Mandel on Fact, Fiction, and the Familiar

When Tyler requested an interview with novelist Emily St. John Mandel, he didn't expect that reality would have in some ways become an eerie mirror of her latest books. And Emily didn't expect that it...

8 Apr 202055min

Ross Douthat on Decadence and Dynamism

Ross Douthat on Decadence and Dynamism

For Ross Douthat, decadence isn't necessarily a moral judgement, but a technical label for a state that societies tend to enter—and one that is perhaps much more normal than the dynamism Americans hav...

25 Mar 20201h 7min

Russ Roberts and Tyler on COVID-19

Russ Roberts and Tyler on COVID-19

Tyler and Russ Roberts joined forces for a special livestreamed conversation on COVID-19, including how both are adjusting to social isolation, private versus public responses to the pandemic, the cha...

19 Mar 20201h 19min

John McWhorter on Linguistics, Music, and Race (Live at Mason)

John McWhorter on Linguistics, Music, and Race (Live at Mason)

Who can you ask about the Great American Songbook, the finer Jell-O flavors, and peculiar languages like Saramaccan all while expecting the same kind of fast, thoughtful, and energetic response? Liste...

11 Mar 20201h 18min

Garett Jones on Democracy (More or Less)

Garett Jones on Democracy (More or Less)

Why is Garett Jones willing to write books about risky topics like the case for reducing democratic accountability? Is it the iconoclastic Mason econ culture? Supportive colleagues like Tyler? Those h...

26 Feb 202056min

Tim Harford on Persuasion and Popular Economics

Tim Harford on Persuasion and Popular Economics

To Tim Harford, mistakes are fascinating. "We often only understand how something works when it breaks," he says, explaining why there's such an emphasis on errors throughout his work. They also tend ...

12 Feb 202059min

Ezra Klein on Why We're Polarized

Ezra Klein on Why We're Polarized

In his new book, Ezra Klein argues that polarization in America has become centered on partisan political identities, which has subsumed virtually every form of identity, be it where we live, what tea...

29 Jan 20201h 10min

Reid Hoffman on Systems, Levers, and Quixotic Quests

Reid Hoffman on Systems, Levers, and Quixotic Quests

When Reid Hoffman creates a handle for some new network or system, his usual choice is "Quixotic." At an early age, his love of tabletop games inspired him to think of life as a heroic journey, where ...

15 Jan 20201h

Populært innen Fakta

fastlegen
dine-penger-pengeradet
relasjonspodden-med-dora-thorhallsdottir-kjersti-idem
mikkels-paskenotter
rss-strid-de-norske-borgerkrigene
foreldreradet
treningspodden
jakt-og-fiskepodden
rss-bisarr-historie
takk-og-lov-med-anine-kierulf
sinnsyn
tomprat-med-gunnar-tjomlid
gravid-uke-for-uke
fryktlos
hverdagspsyken
hagespiren-podcast
rss-kull
level-up-med-anniken-binz
rss-sunn-okonomi
rss-kunsten-a-leve