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The Politics Guys

Economist Bryan Caplan: Labor Econ vs The World

The Politics Guys

Michael Baranowski

Politics, News

4.4783 Ratings

🗓️ 23 February 2022

⏱️ 68 minutes

🧾️ Download transcript

Summary

Mike talks with Bryan Caplan, Professor of Economics at George Mason University and a prolific and always interesting blogger for Econlog. He's the author of multiple books, three of which Bryan and Mike have discussed on previous episodes: The Myth of the Rational Voter (interview), The Case Against Education (interview), and Open Borders (interview). Today they discuss Bryan’s latest book Labor Econ vs The World: Essays on the World's Greatest Market.   Topics Mike & Bryan discuss include: what labor economics is and why it stands against the world if politicians are irrational and wrong or rational and deceptive the problem with almost all government regulations how the minimum wage hurts workers (and everyone else) the largely illusory gender and race pay gaps the questionable value of higher education (for most people) why open borders would be a good thing for America (and the world) CBO Interactive Minimum Wage Modeling Tool The Politics Guys on Facebook | Twitter Listener support helps make The Politics Guys possible. If you’re interested in supporting the podcast, go to patreon.com/politicsguys or politicsguys.com/support. On Venmo, we’re @PoliticsGuys. Support this podcast at — https://redcircle.com/the-politics-guys/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Give the gift of a world of knowledge this holiday season with The Economist.

0:05.4

Get access to trusted, fact-based global reporting and analysis,

0:09.6

plus exclusive podcasts, insightful newsletters, films and more.

0:14.2

And here's the best part.

0:15.6

When you buy a subscription, you can give a second one for free.

0:19.3

Perfect for those who think big just like you.

0:22.3

So go to Economist.com slash holiday gifting offer

0:25.7

to take advantage of this gifting offer ending soon.

0:30.9

Atheists, agnostics, long-haired widows, short-haired widows, vandal,

0:35.7

the government, love the government, love the government, hug the government,

0:39.6

love the government, hug the government.

0:42.1

Welcome to the politics, guys, a place for bipartisan, rational, and civil debate on American politics and policy.

0:47.8

I'm Michael Baranowski, Professor of Political Science at Northern Kentucky University.

0:52.9

My guest today is Brian Kaplan,

0:54.9

Professor of Economics at George Mason University,

0:57.3

and a prolific and always interesting blogger for Econ blog.

1:01.8

He's the author of multiple books,

1:03.5

including three that he and I have previously discussed on the show,

1:07.3

The Myth of the Rational Voter,

1:08.7

The Case Against Education, and open borders.

1:12.2

Today he's back for a fourth record-setting time. Yes, he is the most interviewed politics

1:17.1

guys' guests now. I should point out that prior to that, he was tied with his George

...

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