World Model · podcast knowledge graph

The Economics of Feeling Ripped Off | The Professor Is In

2026-08-22 · 30 min · 17 entities

episode page audio

Asserted relationships

  • → hosted by Justin Wolfers person
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    evidence rules-v5
    Feed author/publisher: Justin Wolfers
  • → discusses Education concept
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    evidence rules-v5
    Feed category: Education
  • → discusses Science concept
    0.40
    evidence rules-v5
    Feed category: Science
  • → discusses Social Sciences concept
    0.40
    evidence rules-v5
    Feed category: Social Sciences
  • → discusses Courses website
    0.40
    evidence rules-v5
    Feed category: Courses
  • → references Platypuseconomics website
    0.38
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://youtube.com/platypuseconomics
  • → references newsletter.platypuseconomics.com website
    0.38
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://newsletter.platypuseconomics.com/
  • 0.38
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://omny.fm/shows/platypus-economics/burrito-gate-and-the-affordability-paradox-diving-in

Entities found in this episode

websites 8

  • mentioned Courses website
    0.50
    evidence rules-v5
    Feed category: Courses
  • mentioned Platypuseconomics website
    0.45
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://youtube.com/platypuseconomics
  • 0.45
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://newsletter.platypuseconomics.com/
  • 0.45
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://omny.fm/shows/platypus-economics/burrito-gate-and-the-affordability-paradox-diving-in
  • discusses Courses website
    0.40
    evidence rules-v5
    Feed category: Courses
  • references Platypuseconomics website
    0.38
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://youtube.com/platypuseconomics
  • 0.38
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://newsletter.platypuseconomics.com/
  • 0.38
    evidence rules-v5
    Link in episode "The Economics of Feeling Ripped Off | The Professor Is In": https://omny.fm/shows/platypus-economics/burrito-gate-and-the-affordability-paradox-diving-in

concepts 7

  • mentioned Education concept
    0.50
    evidence rules-v5
    Feed category: Education
  • mentioned Science concept
    0.50
    evidence rules-v5
    Feed category: Science
  • mentioned Social Sciences concept
    0.50
    evidence rules-v5
    Feed category: Social Sciences
  • mentioned Feeling Ripped Off concept
    0.45
    evidence rules-v5
    The Economics of Feeling Ripped Off
  • discusses Education concept
    0.40
    evidence rules-v5
    Feed category: Education
  • discusses Science concept
    0.40
    evidence rules-v5
    Feed category: Science
  • discusses Social Sciences concept
    0.40
    evidence rules-v5
    Feed category: Social Sciences

persons 2

  • mentioned Justin Wolfers person
    0.70
    evidence rules-v5
    Feed author/publisher: Justin Wolfers
  • hosted by Justin Wolfers person
    0.55
    evidence rules-v5
    Feed author/publisher: Justin Wolfers
Episode description as stored
Politicians keep promising to bring prices down. In this episode of The Professor Is In, Justin Wolfers explains why that's a terrible idea — and why it's not the same thing as slowing inflation. He walks through what actually happens if you force the price level down: wages have to fall too, stores go unprofitable, and the only reliable way to make it happen is to engineer a recession — possibly a depression. The sensible target isn't zero prices, but inflation low enough that you can forget about it. Justin also digs into why your paycheck feels like it's losing the race even when, on average, it isn't. At least half of Americans saw wages beat prices last year — but the gains mostly go to people who switch jobs, and in today's low-hire, low-fire labor market, that door is barely open. So the raise you'd need to keep up is harder to reach right now, which could help explain why a record 71% of Americans expect prices to outrun their incomes (something that almost never actually happens). What the $20 Burrito Debate Gets Wrong About Affordability https://omny.fm/shows/platypus-economics/burrito-gate-and-the-affordability-paradox-diving-in 🔒 Get 20% off DeleteMe by going to https://joindeleteme.com/WOLFERS and use code WOLFERS to protect your privacy! 🙌 Subscribe on YouTube 👉 https://youtube.com/platypuseconomics Subscribe on Substack 👉 https://newsletter.platypuseconomics.com Follow on Social Media @PlatypusEconomics and @JustinWolfers