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Platypus Economics with Justin Wolfers: Daily Summaries Delivered
by Betsey Stevenson & Justin Wolfers
From world events to everyday decisions, economics explains it all. Platypus Economics makes it clear, useful, and actually fun.
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The most recent episodes — sign up to get AI-powered summaries of each one.
- Yesterday33 min
Blue Wave Economics | The Professor Is In
What did the midterm elections reveal about the economy—and your household budget?Justin Wolfers examines the Democratic sweep through a puzzle: how can the economy grow while people feel so anxious? He contrasts GDP growth of 3.4% at an annual rate with record-low University of Michigan consumer sentiment. His argument is that distrust of economic leadership helps explain the gap—and the vote against the party in power. He also explains what prediction markets saw coming, and why picking the winner doesn't necessarily make a poll accurate.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 3 days ago26 min
The Hidden Feedback Loop Behind Rising Prices | The Professor Is In
Why did the Fed hold interest rates, and what is it waiting for?Justin Wolfers makes a crucial distinction about the Fed’s decision to hold interest rates: there can be a strong case for delaying a hike, but waiting to see September’s hike in next month’s inflation numbers is a weak one. Monetary policy works with delays, and a quarter-point move is hard to isolate amid everything else happening in the economy.For a little less forward silence in your feed, subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 6 days ago1h 14m
America's Jekyll-and-Hyde Economy | Off The Clock
The economy is growing — so why does your paycheck feel like it's shrinking?GDP is up 3.4%, unemployment is near record lows, the stock market keeps hitting highs — and yet it doesn't feel good. On this Halloween episode of Off the Clock, Justin Wolfers and journalist Stacey Vanek Smith dig into the "Jekyll and Hyde economy," where the pie is growing but a bigger slice is going to owners instead of workers.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago16 min
What the New GDP Report Actually Says | Diving In
GDP grew 3.4% last quarter — so why does inflation still hurt? Justin Wolfers untangles it.The last big data dump before the 2026 midterms just landed, and it's a tangle: GDP grew at a 3.4% annualized rate last quarter — faster than forecasters expected — while the Fed's preferred inflation gauge is still running hot. In this Diving In episode, Justin Wolfers walks you through why both political parties can grab accurate numbers and tell you completely opposite stories.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago22 min
Did the Midterms Delay a Fed Rate Hike? | Diving In
Why did the Fed hold interest rates steady when inflation is still above 2%?Inflation is running hot by every measure — PCE at 3.4%, core at 3.0%, and the CPI that tracks your actual cost of living at 3.7% — yet the Federal Reserve just chose to do nothing. Justin Wolfers walks you through what that decision means for your money, and admits up front he's a little puzzled too. Markets put an 85% chance on a rate hike in December, so what the Fed really did was delay a move almost everyone agrees is coming.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago19 min
The Dilemma Behind Debunking Trump | The Professor Is In
President Trump brags that he's brought $21 trillion in new investment into America. Justin Wolfers already debunked that number (the White House's own list only reaches $11.3 trillion), so in this office-hours episode he answers your questions about what that claim would even mean if it were true.Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago50 min
What Is The State of Your Economy?
Why do strong economic numbers feel so bad? Justin Wolfers says there are three economies, not one.Unemployment is 4.2%, the stock market is near a record, and GDP is growing — so why does your grocery bill, your rent, and your fill-up tell a different story? In this live call-in on NPR's The Middle with Jeremy Hobson, economist Justin Wolfers gives the economy three grades at once: an A if you own stock and a company, a B if you look at the lived reality of regular folks, and a C for how people actually feel — consumer sentiment at the lowest level ever recorded. The puzzle isn't a mystery, he argues: the share of Americans who think economic management is poor beats the share who think it's good by 66 points, an all-time high.From Justin's conversation with Jeremy Hobson on NPR's The Middle, alongside CNBC's Steve Leisman.Chapters:Subscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
- 1 weeks ago20 min
Trump Says $21 Trillion Is Coming. Is It? | Diving In
President Trump says he’s brought $21 trillion of new investment into America since taking office. Sometimes it’s $18 trillion, sometimes $22 trillion. The exact figure isn’t the problem. All of them are wrong, by a lot.In this episode, Justin Wolfers gives you the questions you need to ask to test any huge number.🎃 Enter our first-ever econ-themed Halloween costume contest by November 1 for a chance to win a limited-edition Gus the Platypus pillow: https://platypuseconomics.com/halloweenSubscribe:on YouTube 👉 https://youtube.com/platypuseconomicson Substack 👉 https://newsletter.platypuseconomics.comthe Podcast 👉 https://platypuseconomics.com/podcastFollow on Social Media @PlatypusEconomics and @JustinWolfers
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About Platypus Economics with Justin Wolfers
From world events to everyday decisions, economics explains it all. Platypus Economics makes it clear, useful, and actually fun.
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