The Myth of Independence

Congressional historian Sarah Binder joins neighbor and investment manager, Matt Spindel in a look at the history of the relationship between the Federal Reserve and its legislative parent, Congress. The result is the Princeton University Press book The Myth of Independence: How Congress Governs the Federal Reserve.

To listen to the Bedrosian Book Club discussion of The Myth of Independence, click the arrow in the player on this post. Or you can download it and subscribe through ApplePodcastsSoundcloudGoogle PlayStitcher or your favorite podcasting app!

Radical Markets

In Radical Markets, Eric A. Posner and E. Glen Weyl envision new rules for markets in order to limit the tyranny of monopolies and majority rule. Their aim, with 5 revolutionary ideas to cure what they see as the most important issue of our time: inequality.

What are some of these “radical” ideas, and does our panel think they are the revolutionary ideas we need?

To listen to the Bedrosian Book Club discussion of Radical Markets, click the arrow in the player on this post. Or you can download it and subscribe through ApplePodcastsSoundcloudGoogle PlayStitcher or your favorite podcasting app!

Bonus – Interview with E. Glen Weyl

An interview with one of the co-authors of Radical Markets: Uprooting Capitalism and Democracy for a Just Society, E. Glen Weyl. (Follow Glen on Twitter: @glenweyl)

To listen to the Bedrosian Book Club discussion of this bonus interview with E. Glen Weyl, click the arrow in the player on this post. Or you can download it and subscribe through ApplePodcastsSoundcloudGoogle PlayStitcher or your favorite podcasting app!

How Do the Rich Spend Their Money and Why Has It Changed?

Is conspicuous consumption a thing of the past? What are today’s wealthy spending their money on? In today’s episode of Our American Discourse, Elizabeth Currid-Halkett helps us walk a mile in the shoes of the spending habits of today’s “aspirational class.”

To listen to this episode of Our American Discourse, click the arrow in the player here. Or  download it and subscribe through ApplePodcastsSoundcloudGoogle Play,  Stitcher, or your favorite podcasting app – click the links or search “usc bedrosian.”

The Risky, Rocky Ride of Today’s Economy . . . and the Central Bankers Who Keep Watch

Just when you thought the economy was the only good news you could count on, the stock market took a dive on the heels of Janet Yellen’s exit from the Federal Reserve. Suddenly, Americans everywhere wondered whether the volatility and uncertainty in Washington had finally caught up with the long, steady recovery stretching from those dark days in 2009. Should we be worried? Who’s looking out for the economy? And do they have a plan for the risks that await us in 2018 and beyond?

In this episode, USC Price School Dean Jack H. Knott interviews Atlanta Fed President Raphael W. Bostic on the state of the economy and the forces that keep it humming along.

To listen to this episode of Our American Discourse, click the arrow in the player here. Or  download it and subscribe through ApplePodcastsSoundcloudGoogle Play,  Stitcher, or your favorite podcasting app – click the links or search “usc bedrosian.”

New paper: Gender Difference and Intra-Household Economic Power in Mortgage Signing Order

New publication from Richard Green: “Gender Difference and Intra-Household Economic Power in Mortgage Signing Order.”

Gender difference is deeply rooted in our identity and has been widely documented by economists in disparate real-world economic contexts. For example, though women have made substantial labor market gains in both participation and earnings, gender inequality persists …

Complications and Contradictions in a Changing Neighborhood

by Lisa Bates

The corridor of gleaming high rises along Vancouver and Williams Avenues is a marked change from the early 2000s. When the Housing Authority of Portland (now known as Home Forward) applied for HOPE VI funds for the old Iris Court development, it was known as a rough area. Residents who lived there, or who knew of it by reputation …

PIPE* Workshop: Steven Liao, UCRiverside

PIPE* Workshop: Steven Liao, UCRiverside
Tuesday, January 23 at 12:00pm to 1:30pm

 RSVP for location

Foreign Real Estate Investment and Incumbent Party Support in the U.S.

Few economic issues affect people as personally and universally as housing. Yet despite the increasing globalization of housing markets, little is known about its effect on political behavior. This study explores how Chinese investments in U.S. residential property shaped support for the incumbent party.

Democracy in Chains

In Democracy in Chains, MacLean delves in the history of Nobel Prize winning economist James Buchanan’s partnership with the Koch brothers to spread the theory of public choice economics. She argues the relationship was formed in order to harness political influence for a small majority of propertied individuals over the will of the majority. The book, while short listed for the National Book Award, met with sharp criticism from conservative think tanks.

Find out what our panel of political scientists, economics, and lawyers think of this controversial work.

To listen to the Bedrosian Book Club discussion of Democracy in Chainsclick the arrow in the player on this post. Or you can download it and subscribe through ApplePodcastsSoundcloudGoogle PlayStitcher or your favorite podcasting app!

PEPL at the intersections of politics, economics and the law

by Janna Rezaee

This past June, I co-organized the Political Economy and Public Law (PEPL) conference here at USC with my colleague, Abby Wood. The goal of this small conference is to strengthen the connections between legal scholars and social scientists doing work at the intersection of politics, economics, and law.

This was the tenth annual PEPL conference. Prior to USC, PEPL has been held at Cornell, New York University, University of Rochester, Washington University in Saint Louis, University of Virginia, Harvard, Stanford, and the University of Chicago.