Economics of Courage

Economists and policymakers alike rely on the “value of a statistical life” to make important trade-offs. What are the merits of such a calculation? Can it be improved? Economists Michael Greenstone and Kyle Greenberg join to discuss groundbreaking research examining army reenlistment choices to show how US soldiers, in effect, price the risk of certain career options.

Om Podcasten

Economists are always talking about The Pie – how it grows and shrinks, how it’s sliced, and who gets the biggest shares. Join host Tess Vigeland as she talks with leading economists from the University of Chicago about their cutting-edge research and key events of the day. Hear how the economic pie is at the heart of issues like the aftermath of a global pandemic, jobs, energy policy, and more.