World Model · podcast knowledge graph

What the $20 Burrito Debate Gets Wrong About Affordability | Diving In

2026-08-19 · 19 min · 17 entities

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Asserted relationships

  • → hosted by Justin Wolfers person
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    evidence rules-v5
    Feed author/publisher: Justin Wolfers
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    evidence rules-v5
    Feed category: Education
  • → discusses Science concept
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    evidence rules-v5
    Feed category: Science
  • → discusses Social Sciences concept
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    evidence rules-v5
    Feed category: Social Sciences
  • → discusses Courses website
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    Feed category: Courses
  • → references Platypuseconomics website
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    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://youtube.com/platypuseconomics
  • → references newsletter.platypuseconomics.com website
    0.38
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://newsletter.platypuseconomics.com/
  • → references Wages And Inflation Oecd Worksheet person
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    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://platypuseconomics.com/stata/wages_and_inflation_oecd_worksheet.pdf

Entities found in this episode

concepts 7

  • mentioned Education concept
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    evidence rules-v5
    Feed category: Education
  • mentioned Science concept
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    evidence rules-v5
    Feed category: Science
  • mentioned Social Sciences concept
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    evidence rules-v5
    Feed category: Social Sciences
  • mentioned Diving In concept
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    evidence rules-v5
    What the $20 Burrito Debate Gets Wrong About Affordability | Diving In
  • 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

websites 6

  • mentioned Courses website
    0.50
    evidence rules-v5
    Feed category: Courses
  • mentioned Platypuseconomics website
    0.45
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://youtube.com/platypuseconomics
  • 0.45
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://newsletter.platypuseconomics.com/
  • discusses Courses website
    0.40
    evidence rules-v5
    Feed category: Courses
  • references Platypuseconomics website
    0.38
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://youtube.com/platypuseconomics
  • 0.38
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://newsletter.platypuseconomics.com/

persons 4

  • mentioned Justin Wolfers person
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    evidence rules-v5
    Feed author/publisher: Justin Wolfers
  • hosted by Justin Wolfers person
    0.55
    evidence rules-v5
    Feed author/publisher: Justin Wolfers
  • 0.45
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://platypuseconomics.com/stata/wages_and_inflation_oecd_worksheet.pdf
  • 0.38
    evidence rules-v5
    Link in episode "What the $20 Burrito Debate Gets Wrong About Affordability | Diving In": https://platypuseconomics.com/stata/wages_and_inflation_oecd_worksheet.pdf
Episode description as stored
A college student said a burrito shouldn't cost $20, and suddenly everyone seemed to be arguing about affordability. In this latest installment of Diving In, Justin Wolfers uses that burrito as a metaphor to untangle a real puzzle: 95% of Americans think there's an affordability crisis, two-thirds say groceries are unaffordable — yet by early 2026, every measure of real pay is above where it stood before the 2022 inflation burst. Both things can be true, and Justin shows you how. Using five different real-wage measures, the Atlanta Fed's tracker of the same workers over time, and price and wage growth data from 12 countries over 60 years, he shows that when prices rise, your wages almost always catch up — and pretty quickly. But since most people experience wage and price hikes as two separate acts in a psychological drama, it can feel like your raise got stolen. Now, a record 71% of Americans believe their income won’t keep pace with prices. And the bundle of bad policies raising the price of your burrito is making matters worse. Subscribe — it's the one upgrade that won't cost you the guac: on YouTube 👉 https://youtube.com/platypuseconomics on Substack 👉 https://newsletter.platypuseconomics.com Follow on Social Media @PlatypusEconomics and @JustinWolfers One more thing: When I create these videos, I often crunch a few numbers in Stata, with whom I’ve got a paid partnership. Today, I used it to explore the relationship between rising prices and wages in America and 11 other countries. Click through here: https://platypuseconomics.com/stata/wages_and_inflation_oecd_worksheet.pdf if you'd like to follow along!