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Political Economy with James Pethokoukis
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Political Economy with James Pethokoukis

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Tune in each week as the American Enterprise Institute's James Pethokoukis interviews economists, business leaders, academics and others on the most important and interesting issues of the day. You can find all episodes at AEI, Ricochet, and wherever podcasts are downloaded, and look for follow-up transcripts and blog posts at aei.org/publication/blog.
132 Episodes
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Why do innovative businesses tend to “cluster” together in tech hubs like Silicon Valley? Why do these companies stay in these expensive cities when they could go to another city with significantly cheaper costs? Can these tech hubs be better governed? And how might other cities catch up? To explore these questions, I am delighted […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/enrico-moretti-on-tech-hubs-and-economic-opportunity/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
Examining the impact of innovation on the economy is no simple task. After all, technology eliminates people’s jobs in the short term, but it also creates new, better jobs in the long term. Technology also boosts economic productivity, but many fear that such gains will not be fairly distributed in a coming age, as many […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/carl-benedikt-frey-on-the-technology-trap/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
What is an “intangible asset,” and why are we investing so much in them? How are these so-called intangibles reshaping our economy, as well as our fundamental approach to economic concerns? Joining me today to answer these questions is Stian Westlake, the co-author of Capitalism without Capital: The Rise of the Intangible Economy. Stian is […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/stian-westlake-on-the-rise-of-the-intangible-economy/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
In a time of populist upheaval, classical liberalism has come under fire from many directions. Many are concerned that it is based off of exploitation and promotes inequality. Others focus on those made worse off by creative destruction, or they fear the competition posed by an ascendant China. Deirdre McCloskey disagrees with liberalism’s critics. She […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/deirdre-mccloskey-on-why-liberalism-works/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
What have been the economic costs of the trade conflict between America and China? Who has borne these costs? How will the struggle end? And how acceptable was the status quo before President Trump initiated this trade war? To unpack these questions, I’m delighted to be joined by Scott Lincicome. Scott Lincicome is an international […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/scott-lincicome-on-the-trade-war/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
Are the tradeoffs between economic and environmental policies really a zero-sum game? How concerned should we be about the rate at which we burn through natural resources? Can societies manage to perform the delicate balancing-act of preserving the planet while continuing to grow economically? Today, Andrew McAfee is on the podcast to talk about these […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/andrew-mcafee-on-capitalism-tech-progress-and-the-environment/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
Do too few people own too much of America’s wealth? Should we even think about wealth or income inequality as a problem? And if so, what policies would be most effective at combating these issues? Returning to the podcast to explore these questions, and more, is Michael Strain. Michael R. Strain is the John G. […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/michael-strain-on-inequality-in-america/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
Our technological progress in the modern world seems so reliant on developments in Silicon Valley. It begs the question: How did all of that economic power even develop? What was so special about this place — just another agricultural valley in California — after World War II? And do the motivations of those early entrepreneurs […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/margaret-omara-on-silicon-valleys-past-present-and-future/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
Space has become a $400 billion per year business; where does all that money even come from? If space exploration has to privatize in order to stay alive, what will the market demand for this technology look like? And as private sector innovation makes the Final Frontier look more and more like Earth’s suburban backyard, […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/matt-weinzierl-on-the-economics-of-space/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
In our populist moment, do economists still have a place in policy debates? Did Milton Friedman’s solutions to the 1970’s economic problems create modern inequality? Who have markets helped, and who have they hurt? And should our politicians scrap economic narratives in order to create a more equitable world? Here to consider these questions is […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/binyamin-appelbaum-on-the-economists-hour/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in iTunes (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in iTunes or by RSS feed.
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