The Economics of It is a weekly podcast from the Cato Institute that explores the economic forces behind major news stories and public debates. Host Ryan Bourne talks with leading thinkers about topics such as rent control, tariffs, artificial intelligence, and the cost of war. Each episode asks who benefits, who pays, and what happens next. It offers a plain-language look at how economics shapes current policy and headlines.
Episodes

The Economics of Main Street Millionaires
Who are the rich in America? Tech billionaires and Wall Street financiers dominate the headlines, but roughly three million private-business owners are worth at least $5 million each, scattered right across the country. Economists Eric Zwick and Owen Zidar, the authors of The Everywhere Millionaire, join host Ryan Bourne to explain who these “Main Street Millionaires” are, how they got rich, and w

The Economics of Kalshi
Is a prediction market just gambling in a financial suit? Kalshi CEO Tarek Mansour says no: a casino bets against you, while an exchange simply matches buyers and sellers and takes no side.Host Ryan Bourne asks him about prediction markets' forecasting records, how businesses can use these event contracts to hedge risk, and the turf war over who regulates them, Washington or the states.The Wis

Coming Soon: The Economics of It with Ryan Bourne
Economics isn't just about stock markets or GDP numbers. It's the study of the choices we all make when time, money, land, energy, and attention are limited.On The Economics of It, Cato Institute economist Ryan Bourne sits down each week with leading economists, thinkers, and authors to uncover the hidden economics behind today's biggest debates. From rent control to tariffs, AI to the
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