The Pie: An Economics Podcast

Hosted by Becker Friedman Institute at UChicago

Business Science NewsInterviews guests

Website RSS feed

Episodes

138

Latest episode

Oct 2026

Language

EN-US

About the show

Economists are always talking about The Pie – how it grows and shrinks, how it’s sliced, and who gets the biggest shares. Join host Tess Vigeland as she talks with leading economists from the University of Chicago about their cutting-edge research and key events of the day. Hear how the economic pie is at the heart of issues like the aftermath of a global pandemic, jobs, energy policy, and more.

Listen to episodes

60 recent

November 10, 202631 min

Faster Food: Why Restaurant Productivity Finally Surged

For three decades, the number of meals a U.S. restaurant worker served per shift barely changed. Then, after a brief drop during the COVID shutdowns, productivity jumped about 15 percent and has remained elevated. In this episode, Chad Syverson, Chicago Booth professor and deputy director of BFI, describes research using anonymized phone location and spending data to figure out how restaurants suddenly became more productive.

October 27, 202624 min

Do Age Verification Laws Work? Evidence from Adult Websites

Since 2023, 25 states have passed laws requiring adult websites to verify visitors' ages. Meanwhile, total time spent on these sites has fallen by only about 10%. In this episode, UChicago economist Matthew Brown discusses new research that uses browsing data to trace where that traffic went, with implications for with implications for how policymakers regulate the internet more broadly.

October 13, 20261 hr 7 min

The Everywhere Millionaire: Who's Really Rich in America

Roughly 3 million Americans own private businesses and have a net worth of at least $5 million. Together they hold more than $50 trillion, about 13 times the wealth of the entire Forbes 400. In this episode, Chicago Booth economist Eric Zwick discusses The Everywhere Millionaire, his new book with Owen Zidar, which draws on a decade of tax data to characterize this class of car dealers, dentists, and beer distributors in towns across the country.

September 29, 202634 min

Why Your Raise Didn't Keep Up with Inflation

By 2024, inflation was falling and unemployment was low, yet consumer confidence had sunk to levels last seen during the Great Recession. In this episode, Erik Hurst of Chicago Booth and his co-author Christina Patterson draw on payroll records for roughly 16 million workers to show how wages fell behind prices during the recent inflationary period and haven't caught back up.

September 15, 202643 min

But the Cool Kids are Still Online: Behind Australia's Failed Social Media Ban

Last December, Australia banned social media for anyone under 16. Four months later, only one in four 14- and 15-year-olds were complying, a share that has since fallen further. In this episode of The Pie, Leonardo Bursztyn, the Saieh Family Professor of Economics at the University of Chicago and co-director of BFI's Political Economics Initiative, discusses why the ban hasn't worked, and what a successful one might entail.

September 1, 202649 min

Cut Off: How US Sanctions are Reshaping the Global Payment System

US sanctions on Russian banks have complex spillovers for the importers and exporters who transact in dollars. On this episode of The Pie, Brent Neiman, the Edward Eagle Brown Professor of Economics at the University of Chicago's Booth School of Business, returns to discuss recent research tracing how those sanctions ripple through the global payments network, and whether they are pushing heavily sanctioned economies away from the dollar and toward China's yuan.

August 18, 202630 min

Scoop and Run: How Should Gunshot Victims Get to the Hospital?

When a police officer is shot, is it safer to wait for an ambulance or to be driven straight to the hospital in a squad car? In this episode of The Pie, Prachi Sanghavi, an associate professor in the Department of Public Health Sciences at the University of Chicago and co-director of the Health Policy Data Lab, discusses new research tracing how shooting victims across 18 U.S. cities reach the hospital, and what it reveals about a decades-old debate over pre-hospital care.

August 4, 202652 min

Talking to Strangers: The Economics of Social Connection

New research shows that people are strikingly bad at predicting how good it feels to connect with a stranger. In this episode of The Pie, Nick Epley, a professor of behavioral science at the University of Chicago's Booth School of Business and author of A Little More Social, discusses what more than 120 experiments reveal about why we avoid reaching out to others, and what that avoidance may be costing us.

July 21, 202627 min

Passing the Pop Quiz: How Nursing Homes Predict Inspections, and What It Costs Patients

In the United States, regulators inspect nursing homes to ensure compliance with quality, safety, and other standards. While these inspections are not technically announced, they are easy for nursing home staff to predict because they usually occur annually. In this episode of The Pie, Maggie Shi, an assistant professor at the University of Chicago's Harris School of Public Policy, discusses how this predictability affects nursing homes' effort levels, and, in turn, resident health.

July 7, 202642 min

AI and Early Childhood Development: The Importance of Human Interaction

At a time when forty percent of American two-year-olds have their own tablet, a new generation of AI toys and chatbots is being marketed as a better alternative to screens. On this episode, Dana Suskind, pediatric cochlear implant surgeon, co-director of the TMW Center for Early Learning and Public Health, and author of the new book Human Raised, explains the importance of human interaction for children's brain development.