Economics

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Our American “Empire” with Niall Ferguson

Note: This interview has been picked up by the public radio stations WGBH, in Boston, its affiliates WCAI and WNAN, and WCVE in Richmond, VA. It was originally broadcast in 2008.

In some ways, the Scottish historian Niall Ferguson is the Russell Crowe of the academic world: charismatic, unconventional, and definitely controversial. He’s also a big fan of the British Empire — and wants the United States to follow in its footsteps. That means it’s our job to form colonies in hot climates, for years on end.
But are we up for this? While Niall would like that to be the case, he doesn’t really think so, because, he says, we’re an empire “in denial” …
Click here: to listen to a 4 minute excerpt.
Click here: to listen to the entire interview (15:30 minutes).

And to listen to this interview with Niall Ferguson on the WGBH Forum Network, click here!

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The history and future of the New England Forest

Note: an audio version of this interview was broadcast by the WGBH affiliate WCAI, the Cape and Islands NPR station, and by KPIP in Missouri.

The forests of New England are, remarkably, a success story. They’ve recovered from attack after attack. The early settlers hacked them down, by hand, for houses, fences and firewood. Later on, the insatiable sawmills of a more industrial age ate up the lumber needed for our expansion.
Today, the forests contend with acid rain, invasive plants and exotic beetle infestations — evidence of our ever more global economy. And the future of these forests? Going forward, that’s a story that’s largely ours to shape, and narrate.

If only these trees could talk … Well, we have the next best thing – Donald Pfister, the Dean of Harvard Summer School, curator of the Farlow Library and Herbarium, a fungologist (the more erudite word is mycologist), and the Asa Gray Professor of Systematic Botany at Harvard University.
In this Faculty Insight interview, produced in partnership with ThoughtCast and Harvard Extension School, he tells the tale of the New England forest from as far back as the glacial Pleistocene era.
To help illustrate this tale, we’ve made grateful use of high resolution images of some dramatic landscape dioramas, which are on display at Harvard’s Fisher Museum, in Petersham, Massachusetts.
And finally, for an audio version of this story, click here: to listen (9:47 mins).

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Lydia Ratcliff: Vermont Farmer, Stubborn Survivor

I’ve decided to re-post this ThoughtCast program from July 1, 2009 because my friend Lydia Ratcliff died yesterday, February 14th, 2018. The New York Times has written an obituary of her that I think is worth reading. She fought COPD for over a decade, so she could remain involved in the life of her Andover farm, her friends, and the ideas and preoccupations which sustained her.

Note: this audio program was broadcast on WAMC and WGBH radio in Boston, and the audio program and slideshow were featured on NHPR.org.

Milking TimeAbout 40 years ago, farms were thick on the ground in Andover, a rural town in southern Vermont. Today, 75-year-old Lydia Ratcliff’s Lovejoy Brook Farm is the last working farm still in operation. But can it survive much longer? ThoughtCast’s Jenny Attiyeh grew up visiting Lydia each summer, listening to her tales, eating fresh corn and carrots from her garden, and watching the animals give birth, and grow old. On a recent visit to see Lydia, Jenny brought along her microphone …

Lydia Ratcliff is a survivor. She’s farmed her 90 acre plot of land in Andover Vermont for 43 years, and though she’s now come down with chronic obstructive pulmonary disease, or COPD, she still climbs on top of that tractor in hay season.
Does she offer a lesson for the rest of us? Does she represent the future of farming in Vermont, or is she one of the last of a dying breed?

Click here to listen (9 minutes.)

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Jonah Lehrer on Emotional Hijacking and “How We Decide”

Note: this interview was broadcast on WGBH in Boston as well as on the WGBH Cape and Islands affiliate WCAI/WNAN!
Jonah Lehrer
Jonah Lehrer, the precocious author of Proust Was a Neuroscientist, has come out with a new book called How We Decide. He spoke at the Harvard Book Store in Cambridge, Massachusetts.

Click here to listen (28 minutes.)

After his talk, ThoughtCast spoke with Lehrer briefly about the value of emotion in rational decision making, the power of wishful thinking to hijack our reason, and the potential to retrain the brain via the mind. According to Lehrer, we’d generally be better off sticking to our instincts, our initial reaction or impulse, rather than over-think things. Calm, cool deliberation, it turns out, doesn’t always lead to the best results. Jonah Lehrer is a Contributing Editor at Wired Magazine, and has written for The New Yorker, Nature, Seed, The Washington Post and The Boston Globe.

Click here to listen to this rather noisy interview (8:50 minutes.)

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The Dopamine Economy

Note: this story was picked up by WAMC, Northeast Public Radio, and also broadcast on the WGBH affiliate WCAI/WNAN, on the Cape and Islands!
dopamine brain Wall Street on Drugs: What motivated these former masters of the universe? And why did they act like kindergartners? ThoughtCast’s Jenny Attiyeh speaks with James Poterba, the Mitsui Professor of Economics at MIT, and Jonah Lehrer, the author of “Proust Was a Neuroscientist” and “How We Decide”, as well as the writer and public intellectual Jim Holt and the Harvard economist Alberto Alesina.
Here’s another question — don’t the continental Europeans like dopamine as much as we do? And — where do we get our fix now??

Click here to listen (3:24 minutes.)

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Has the Global Economic Crisis – or GEC – got us?

Eat Lunch or Be LunchCalling for Acronyms!
Here’s mine to start off —
The “GEC“ — it sounds like a mix between guck, yuck, ick and eck. Like the noise you make in the back of your throat when you’re about to regurgitate, or cough up spume. And isn’t that what we’re doing now? Out comes the excess… Oh, and what about the Global Economic Meltdown, or “GEM” – with a hard g? Sounds chewy, gooey and horror-movie-ish. The GEM is on the move…
And ThoughtCast wants YOU to contribute an acronym as well!
Might as well get – if not a free lunch, then a free laugh out of all of this…

So, here’s Dale Hobson’s contribution:
“How about GRR–for Great Republican Rip-off or Global Resources Rape.
I don’t want to spit or hurl; I want to bite.” Ouch!
And here’s William’s:
I always thought “The GBR” captured it well. “The Great Brain Robbery”
Leighton says: WODD — world order down the drain
While Lee Goldberg has come up with:
Global Economic Meltdown Offers Rude Awakening – GEMORA – !!!
And Anthea Raymond gives GEC two thumbs up:
“GEC works for me quite possibly because of the gagging sound evoked.
We’re in for a long slow retch on this one.”

Meanwhile, Valeria Villarroel suggested Governmental Fail (GF?)
and Barton George followed up with Worldwide Total Fail: WTF
while Helen Tan writes: “GEC sounds like the cracking of an egg!”
Hence: Giant Egg Cracking

Have we covered the whole alphabet yet?
Oh, and that GEC-monster gracing this post?
It’s a sculpture by Juan Cabana, called Stranded…
Perhaps he hatched from Helen Tan’s egg!

For more acronyms — Continue reading Has the Global Economic Crisis – or GEC – got us?