USD econ prof Ryan Ratcliff joins us to talk about unemployment, its various measures, and the shape of the potential recovery (is it a V, a U, a swoosh, or none of the above?). He explains the ripple effect of a recession, why the stock market seems out of sync, and why economists fight. He also offers some career advice for aspiring economists and various jobs they could hold. Finally, he explains why economics is not like physics. An entertaining and enlightening episode.
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