Kyla Scanlon on Communicating Economic Ideas through Social Media

Conversations with Tyler

Society & Culture, Education

4.8 • 2.4K Ratings

🗓️ 2 October 2024

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kyla Scanlon has made it her personal mission to bring economics education to a larger audience through social media. She publishes daily content across TikTok, YouTube, Substack, LinkedIn and more, explaining what is happening in the economy and why it is happening. Tyler calls her first book In This Economy? How Money & Markets Really Work a “good and bracing shock to those who have trained their memories on some weighted average of the more distant past.”

Tyler and Kyla dive into the modern state of economics education and a whole range of topics like if fantasy world building can help you understand economics, what she learned trading options at 16, why she opted for a state school over the Ivy League, lessons from selling 38 cars over summer break, introversion as an ingredient for social media success, if she believes in any conspiracy theories, Instagram scrolling vs TikTok scrolling, the decline of print culture, why people are seeking out cults, modern nihilism, how perspective can help with optimism, the death of celebrity and the rise of influencers, why econ education has gone backward, improving mainstream media, YIMBYism and real estate, nuclear pragmatism versus utopian geothermalists, investing advice for young people, why she thinks about the Great Depression more than Rome, creating the next Free to Choose, and more.

Read a full transcript enhanced with helpful links, or watch the full video.

Recorded July 8th, 2024.

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Transcript

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0:00.0	Conversations with Tyler is produced by the Mercadus Center at George Mason University,
0:09.0	bridging the gap between academic ideas and real world problems.
0:13.0	Learn more at Merkatus.org.
0:16.0	For a full transcript of every conversation, enhanced with helpful links,
0:20.0	visit Conversations with Tyler.com. Thanks.
0:23.0	Visit Conversations with Tyler.
0:25.0	Hello everyone and welcome back to Conversations with Tyler.
0:30.0	Today I'm delighted to be chatting with Kyla Scanlon who is here with us in the studio.
0:35.0	I have described Kyla as a force of nature from the point of view of this New Jersey boy.
0:40.8	She has come out of nowhere from Western Kentucky and is all of a sudden one of the best
0:45.8	and also most popular just discussers of economics and economic reasoning and economic thinking.
0:52.3	So this in my view is fantastic.
0:54.8	She is super active on Tik-Tok.
0:57.5	She has a sub-stack, very active on YouTube,
1:01.0	on Twitter, and now she's also, she exists in real life also but she has a book out in this
1:06.6	economy how money and markets really work if I leave anything out no I think that's pretty comprehensive.
1:14.0	Welcome, Kyla.
1:15.0	Oh, thanks for having me.
1:16.0	Let's start with your origin story.
1:19.0	So when you're young, you're going to libraries a lot, right?
1:22.0	And what is it you're reading, and're going to libraries a lot, right?
1:22.8	And what is it you're reading?
	...

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