BLS firing, US Open, and the futility of presents
Update: 2025-08-22
Description
In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim discuss various economic topics, including the recent turmoil at the Bureau of Labor Statistics (BLS) following the firing of its head. They explore the implications of this event on data accuracy and public trust in economic statistics. Additionally, they introduce a new segment called 'Economic Illiterate of the Week.
Chapters
00:00 News Quiz
14:08 The BLS Firing and Its Implications
31:37 Economic Illiteracy of the Week
40:18 Consumer Surplus and DWLs of the week
Be sure to check out the Econ Nerds on youtube here:
https://www.youtube.com/@EconNerds
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