Let a Nobel Prize winner explain the concept of "conditional optimism"
Oct 26, 2018

Let a Nobel Prize winner explain the concept of "conditional optimism"

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(U.S. Edition) With midterm elections approaching, healthcare stands as one of the top concerns for Americans. President Trump is proposing a huge change in how the government will pay for high-cost drugs for seniors, claiming that it can lower prices by as much as 30 percent. Then, we talk about ideas with a person who actually showed how ideas can be tangible, quantifiable things that can be put into calculations to show how ideas can actually boost the economy and help the environment. That person is Paul Romer, an economist at New York University's Stern School of Business. He's also one of two winners of the Nobel Prize in Economic Sciences. Today’s show is sponsored by GAIN Capital Group (gaincapital.com), LinkedIn (linkedin.com) and Selligent (selligent.com). (10/26/2018)

Segments From this episode

Why Nobel Prize winner Paul Romer sees the economy as a "huge innovation discovery machine"

Oct 26, 2018
Paul Romer thinks the economy is about policy and innovation working together for the greater good.
New York University professor Paul Romer speaks at a news conference after being named a winner of the 2018 Nobel Memorial Prize in Economics with professor William D. Nordhaus of Yale University on Oct. 8, 2018 in New York City.

(U.S. Edition) With midterm elections approaching, healthcare stands as one of the top concerns for Americans. President Trump is proposing a huge change in how the government will pay for high-cost drugs for seniors, claiming that it can lower prices by as much as 30 percent. Then, we talk about ideas with a person who actually showed how ideas can be tangible, quantifiable things that can be put into calculations to show how ideas can actually boost the economy and help the environment. That person is Paul Romer, an economist at New York University’s Stern School of Business. He’s also one of two winners of the Nobel Prize in Economic Sciences. Today’s show is sponsored by GAIN Capital Group (gaincapital.com), LinkedIn (linkedin.com) and Selligent (selligent.com). (10/26/2018)

The team

Stephen Ryan Producer, BBC