Of Significance

Edgeworth Economics

Engaging, insightful, fun! Say hello to a fresh perspective on numbers with our hosts, Edgeworth Economics experts Dr. Steve Bronars, Dr. Nathan Woods, and Brent Butgereit, as they break down what’s happening in our current economic landscape and what they think about the figures that are important in our work and daily lives. Twentyish minutes of navigating the madness in the methods, every two weeks. We hope you walk away a bit better informed for your work, in your studies, or even at your next party. read less

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A Taste Of Significance

A Taste Of Significance

Edgeworth Economics is excited to introduce our brand-new podcast: “Of Significance.” Expert economists Dr. Nathan Woods, Dr. Steve Bronars, and Brent Butgereit come together with many decades of combined economic experience for this biweekly podcast in which they dissect issues relevant to the current economic landscape. It’s the behind-the-scenes conversations about data analytics and statistics that they do want you to hear. Now you too can have practical insights to look smart in front of your clients and friends!

Episodes

7. Interviews Of Significance: Sush Jain - This Episode is All Natural!

7. Interviews Of Significance: Sush Jain - This Episode is All Natural!

Summary In a podcast first, Nathan, Steve, and Brent interview false advertising expert, Sush Jain, about how a false advertising claim works, how damages are potentially assessed, and why the market for goods can be so confusing. No doubting it here: this episode is pure podcast gold. Keywords false advertising, class actions, consumer claims, truth and falsehood, advertising claims, economic experts, damages, materiality, consumer surveys, harm to consumers

6. Correlation vs Causation: Which is Better?

6. Correlation vs Causation: Which is Better?

Summary Brent, Steve, and Nathan take a look at the age old adage "Correlation does not imply causation" and how people seem to still miss how to think about what factors are related. They become real control freaks when it comes to what goes into their tests. Keywords correlation, causation, sugar intake, activity levels, randomized controlled trials, observational data, confounding factors, theory, hypothesis testing, identification

5. How Much Does Steve Know About the Unemployment Rate?

5. How Much Does Steve Know About the Unemployment Rate?

Brent and Nathan plumb the depths of Steve’s mind to get to the bottom of the question on everybody’s mind: is there anything that Steve Bronars doesn’t know about the unemployment rate? Listen to find out! Spoiler: the answer is “probably”.

4. Humans Capitalizing on Human Capital Theory, a Theory

4. Humans Capitalizing on Human Capital Theory, a Theory

Nathan, Brent, and Steve finally take on academic elites and their out of control theories about human capital, how it's measured, and whether it's important. Just kidding, this is a classic, balanced episode about human capital in theory and practice that's completely hinged. This episode doesn't just have economics though: it's also got science and art (kind of)!

3. Don’t Miss the Mark!

3. Don’t Miss the Mark!

Problem: You've got to make sure you hire a proportionate distribution from the people applying to your company. Solution: Make a benchmark. Problem: You don't know what the right benchmark is. Solution: Listen to Steve, Nathan, and Brent talk about better ways to think about the characteristics one should be looking for in a benchmark. Problem: Oh wait, there are no other problems...

2. Muldrow v. St Louis: No Significant Harm Required

2. Muldrow v. St Louis: No Significant Harm Required

In the case of Muldrow v. St Louis, the Supreme Court changed the standard required to show discrimination by employers. Brent, Nathan, and Steve chat about how this could change the way we investigate these kinds of cases and Brent has ideas about what companies could be keeping better track of when it comes to employee activity.

1. Inaugural Episode: Now With 5% Less Insignificance!

1. Inaugural Episode: Now With 5% Less Insignificance!

Let's get meta right off the bat as Nathan, Brent, and Steve think about how we think about what's important. In this kickoff episode, they dive deep into the different ways things matter or mislead and Steve reminisces about a poll that came out when he was a wee lad.

A Taste Of Significance

A Taste Of Significance

Edgeworth Economics is excited to introduce our brand-new podcast: “Of Significance.” Expert economists Dr. Nathan Woods, Dr. Steve Bronars, and Brent Butgereit come together with many decades of combined economic experience for this biweekly podcast in which they dissect issues relevant to the current economic landscape. It’s the behind-the-scenes conversations about data analytics and statistics that they do want you to hear. Now you too can have practical insights to look smart in front of your clients and friends!