Podcast
Economics, Applied
Hosted by economics-applied · EN
Economics Applied is a must-listen podcast from the Hoover Institution that brings cutting-edge economic insights to policymakers, business leaders, and engaged citizens. Hosted by renowned economist Steve Davis, the podcast translates complex economic research into clear, actionable discussions that shape real-world decision-making.
With each episode, Economics Applied explores the forces driving markets, labor dynamics, government policies, and global economies—delivering research-backed analysis that goes beyond headlines. Whether you’re a policymaker, an executive navigating economic trends, or an individual looking to deepen your understanding of economic forces, Economics Applied equips you with the knowledge to interpret and anticipate economic change.
11episodes
Episodes
Newest firstAll episodes
Prescription for Disaster: Drug Deaths in America | Steven J. Davis, William Evans, Ethan Lieber | Hoover Institution
1w ago00:48:40Tap to summarizeSteve speaks with William Evans and Ethan Lieber about the heartbreaking rise of deaths due to drug misuse in the United States. A major shift in prescription practices for pain management after 1995 drove higher levels of opiate use and misuse and contributed to an explosion of illicit opiates in the 21st century. It’s a disturbing story of professional misjudgments, deceptive marketing, policy mistakes, and unintended consequences. Reforms in prescription practices, while overdue, will mitigate but not solve current-day problems of drug abuse and misuse. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →Chokepoints and Supply-Chain Vulnerabilities | Steven J. Davis, Soumaya Keynes, Chad Bown | Hoover Institution
3w ago00:59:00Tap to summarizeCross-border supply chains bring great efficiencies but also present vulnerabilities that adversaries can exploit. How should we think about these vulnerabilities and their implications for economic and national security? How can we identify, assess, and respond to these vulnerabilities? Steve asks two noted trade policy experts, Chad Bown and Soumaya Keynes. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →Should States Enforce Noncompete Agreements? | Steven J. Davis, Evan Starr | Hoover Institution
May 600:49:11Tap to summarizeSteven Davis speaks to Evan Starr, a leading expert on the economics of noncompete clauses. They discuss the prevalence of noncompete clauses in employment agreements; the pros and cons for employers, workers, and society; where to draw the line in disallowing noncompete clauses; the role of antitrust in policing noncompete clauses; their effects on the pace of innovation; and whether the United States should adopt a national policy on noncompete clauses. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →Online Buddies for Jobseekers | Steven J. Davis, Michèle Belot, Philipp Kircher | Hoover Institution
Apr 2200:49:13Tap to summarizeWhen job loss leads to a long spell of unemployment, it causes a big blow to self-esteem, a lasting drop in living standards, and serious hardship for the job loser’s family. Is there a low-cost way to help job losers navigate the search process and find rewarding new work? Yes, say two economists at Cornell University, based on their insightful new study. Steve discusses the study and underlying thinking with the authors. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →The Economic Price of War | Steven J. Davis, Jonathan Federle, Moritz Schularick | Hoover Institution
Apr 800:55:21Tap to summarizeHow does war affect national output, productivity, and consumer prices in belligerent countries and economies worldwide? Two economists, Jonathan Federle and Moritz Schularick, investigate how war and its intensity relate to national output, productivity, consumer prices, and international trade. They exploit 150 years of data for 60 countries. Steven Davis chats with them about what they learned. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →America’s Mid-Life Mortality Gap | Steven J. Davis, Jonathan Skinner | Hoover Institution
Mar 2500:29:48Tap to summarizeMortality rates fell sharply for college-educated Americans in recent decades but not for other Americans. Mortality trends also differ sharply between rural and urban areas of the United States and across US counties. Steven Davis asks Jonathan Skinner about these puzzling and troubling trends, and how to explain them. According to Jonathan’s recent research, “Deaths of despair,” “the China shock," obesity, and income inequality don’t explain the trends. Instead, the explanation turns on differences in smoking trends and the consequences for mortality. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →Tariffs and Trade Deficits | Steven J. Davis, Brent Neiman | Hoover Institution
Feb 2500:57:22Tap to summarizeTariffs: How high? Who pays? And what’s their impact on trade deficits? Steven Davis speaks to Brent Neiman about President Trump’s approach to tariff policy and the latest data on trade deficits. While tariffs are up in 2025, Brent’s research reveals that actual tariff rates are only half as high as headlines suggest. Steve and Brent also discuss who pays Trump’s tariffs, how we know, the damage caused by uncertainty around tariffs, and the value of commitment in the conduct of trade policy. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →What Next for Venezuela? | Steven J. Davis, Ricardo Hausmann | Hoover Institution
Feb 1100:50:58Tap to summarizeUS military forces captured Nicolás Maduro last month, but the Chavista regime remains intact, at least for now. How can Venezuela find its way back to the rule of law, human rights, democracy, and prosperity? What role should the United States play? Steven Davis asks renowned economist Ricardo Hausmann. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →From Asia, with Skills and Aspirations | Steven Davis, Gaurav Khanna | Hoover Institution
Jan 2800:56:57Tap to summarizeThe United States has looked to Asia for software developers, scientists, engineers, and physicians in recent decades. How has that worked out for Americans? For other countries? Immigrants from five Asian countries — India, China, South Korea, Japan, and the Philippines — account for much of the growth in U.S. software developers, scientists, engineers, and physicians since 1990. What forces drove this migration of foreign talent? What are the economic effects in the United States? In the source countries? Steve talks about these matters with Gaurav Khanna, who has done extensive research on high-skilled immigration and its economic consequences. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
Transcribe →The Licensing Racket, and How to Fix It | Steven Davis, Rebecca Haw Allensworth | Hoover Institution
Jan 2800:54:46Tap to summarizeThe U.S. occupational licensing system is riddled with problems and conflicts of interest. How can we fix it? Rebecca Allensworth joins Steven Davis to talk about her new book on occupational licensing, which covers one-fifth of all American jobs. Licensing reduces supply, limits competition, raises prices, and harms consumers, benefiting incumbent practitioners at the public's expense. The US approach to licensing is especially prone to conflicts of interest and poor performance. Professor Allensworth offers several proposals to fix the licensing system, and Davis offers his thoughts as well. ABOUT ECONOMICS, APPLIED Economics, Applied brings together top leaders and researchers to break down key economic developments, offering evidence-based insights and practical lessons for navigating today’s economy. Economic change is constant. Subscribe to keep up: hoover.org/podcasts/economics-applied.
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