Marginal Babble

Can we be guided to 'better' decision making? and should we... In this episode of the Marginal Babble Podcast, I sit down with Dr Jingnan (Cecilia) Chen to discuss behavioural nudges, how they can be used to guide our decision making and the ethical questions they pose. Dr Chen has a PhD in Economics from George Mason University, and her research focuses on Behavioural Economics and Game Theory. A...

According to Andrea Borgarello at The World Bank, “A healthy ocean provides jobs and food, sustains economic growth, regulates the climate, and supports the well-being of coastal communities”. Our oceans and ocean economy have not only a distinct impact on global food production, but also provide us with incredible habitats and vibrant biodiversity. As the world’s largest carbon sink, we need to p...

Global population has exploded over the last 50 years, and with it, our demand for food production. This time-period has also seen a tremendous increase in acknowledgement of how we as the human race are impacting the global environment and the countless species that inhabit it. In today’s episode I sit down with Professor Ian Bateman OBE to discuss how modern farming and agricultural practices ar...

In today’s episode I sit down to talk with Dr Shixuan Wang out of the University of Reading, to discuss econometrics, data analysis and how businesses can incorporate better analytics into their operations. As always links to referenced research material are included in the description and without further ado lets get into the episode, enjoy! References: 1) Volume of data/information created, capt...

With the European continent seemingly in the midst of its largest military conflict since WW2, Max and Dr Mihailov sit down to discuss the changing public opinion towards the EU, the impact of the Russo-Ukrainian war and the future that’s coming on the horizon. References: See YouTube Video description for full references list. https://youtu.be/ck3KexYdnAY Socials: Tiktok: https://www.tiktok.com/@...

In 1807, Britain passes the 'Abolition of the Slave Trade Act' which formally outlaws the buying and selling of enslaved people within the British empire. Although this took several more decades to effectively implement, it did eventually abolish slavery across the empire. What resulted in its wake however was the use of periodic labour contracts where individuals were required to work for a speci...

With approximately 1.7bn individual journeys in 2019, the rail industry forms a significant factor in how people and goods flow around the UK economy. Given the recent headlines and press coverage of the sector, Max and Dr Mark Casson sit down to discuss the history of the British rail industry, it’s nationalization in the early 20th century and how the modern economic climate will affect the netw...

Why is it that banks do not lend to real businesses? What caused the 2008 financial crisis? Why do modern macro-economic models so often fail? In this episode of the Marginal Babble Podcast I sit down with Dr Sheri Markose to discuss these questions and find out why so often economic policy fails in achieving its objectives. Sheri has been a Professor at the Essex University Economics Department s...

Where did money originate from? Were government Covid-19 policies effective? What do banks actually do? In this episode of the Marginal Babble Podcast Max sits down with Dr Lukas Altermatt out of the University of Essex to discuss the banking industry and how it has changed over time. Dr Lukas Altermatt: https://www.essex.ac.uk/people/alter16801/lukas-altermatt References: 1) Bank runs, deposit in...

Although initially simply representing a measure of “happiness” as part of the theory of Utilitarianism, the term ‘utility’ has been adapted and reapplied within neoclassical economics as a function that represents a consumer's preference ordering over a set of choices. Being a key turning point in the way we examine economics, Max and Dr Freer sit down to discuss the role utility plays in economi...

Ever wondered if your behavior is ever truly rational? ever wondered why making a decision is so difficult ? Max and Dr Valerio Capraro discuss behavioural economics, what it is and how it affects the daily lives of the public.  #economics #behavioralscience #psychology #podcasts     Dr Capraro's research:    "Do the Right Thing: Experimental evidence that preferences for moral behavior, rather th...

With Brexit still on the minds of the British public, migration has become a hot-button topic when it comes to Britain and it's economy. Max and Bastien sit down to discuss how migration affects the economy, and what the future good look like in an ever globalizing world. Youtube: @maxwelldorey