Money & Macro Talks

In just a couple of years, South Korea turned from one of the world's largest defense importers to exports. In this interview, Korean expert HG Hong (Platoon Magazine) explains why.

Big Tech has never been bigger. Google, Amazon and Metaserve more customers and earn bigger profits every year, and AI companies are claiming a growing share of the stock market. For many, that's a warning sign: the bigger these firms get, the harder they are to challenge, and the easier itbecomes to charge more and deliver less without losing customers. It's the opposite of how competitive markets are supposed to work, and the reason calls to revive antitrust enforcement keep growing louder.
But is market power really on the rise? And are monopoliespart of why everything feels so expensive? In this episode, Alejandro talks with Brian Albrecht, chief economist at the International Center for Law & Economics, about what the data actually says on markups, competition and corporate power, and why economists disagree so sharply about it.

Why have fertility rates collapsed in the past decades? Is there anything governments can do to reverse this situation? In this episode, we review the leading explanations for long-run demographic change, the role of smartphones, and the evidence for and against different policies aimed at boosting birth rates at the national level.

Frank Braconi is one of the few economists willing to argue that rent control, properly designed, can work. But what does "properly designed" mean? When should it be used, where, and how? We discuss San Francisco's decontrol-recontrol model and whether it can blunt the harms of gentrification.

As China's star rises, people like Ray Dalio think we may see the emergence of a new tribute system. In this podcast, I discuss with tribute system expert Dr. Dave Kang what the tribute system actually was and whether or not we can anticipate seeing it return.