WTF is Economics? ft. Anna Gifty
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AsapSCIENCE
4.9 • 2.6K Ratings
🗓️ 19 August 2020
⏱️ 77 minutes
🧾️ Download transcript
Summary
Are economists evil or the backbone of society? Anna Gifty explains economics, sociology and how diversity on wall street can prevent economic crashes.
What did we learn this week:
1:32 - are government assistance programs cost effective?
5:36 - how our gut bacteria eats us when we die
Anna Gifty on Economics:
9:15
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Transcript
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| 0:00.0 | Contrary to your personal subjects with the facts you be tense, but we are a subscience here to make things make sense. |
| 0:06.8 | Today we are talking to Anna Gifty, a brilliant mathematician and economist. |
| 0:11.9 | We talk about a lot of things, but Mitch and I really don't feel comfortable or, you know, |
| 0:16.2 | before this interview said we didn't like economics, but she completely changes our mind |
| 0:20.5 | and really zooms out and honestly explains to us a lot of how the world actually works. |
| 0:26.8 | Yes, that is so true. The interview is really, really exciting and I feel like we learned so much, |
| 0:31.9 | so much so that even in a minute, my what you learned this week, I looked up one related to |
| 0:35.9 | sort of social economics and I thought it was really cool. So, stick around and like a little bit |
| 0:40.1 | to hear that interview. Okay, you go first, go on the social economics. Oh, we want to jump |
| 0:43.6 | right into what you're doing this week. I kind of, I don't know. I mean, like I just want to say like, |
| 0:46.8 | hi. Oh, hi, hi, hi, hi, yeah. We're also learning. We're so at home. Yeah, nothing's changed. |
| 0:53.9 | I don't know. What else is new? What's new with you? I don't like, I'm honestly like, I'm just like, |
| 0:59.3 | okay, I'm at home. I'm reading a lot. I got my legs up. I'm cooking. I'm feeling okay. A big |
| 1:06.8 | oh, period, K period. That's my life. I mean, at least it's summer. I feel like the weather's |
| 1:11.4 | been really quite nice and enjoying that and we are going to take some time off and I'm anticipating |
| 1:16.5 | that. So I feel like even the work we're doing now, I'm like, okay, I can handle this because it's |
| 1:20.8 | like coming, leading up to something exciting. I mean, I'm happy and waiting and all these things, |
| 1:25.2 | but I do think it's the forgot and near. And so I'm just like, let's get into what it was just |
| 1:28.5 | forgetting. Okay, fine. Oh, what did we learn this week? Okay. So like I said, mine is related to |
| 1:35.6 | economics. I thought it was really fascinating because in it opened my mind to not hate business |
| 1:41.0 | and economics. But basically the study I found was looking at the impact of government assistance |
| 1:47.1 | programs and trying to figure out whether they were cost effective or like what is the actual |
... |
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