The 2026 Nobel Prize in Economics

Economics Happy Hour Podcast · Oct 15, 2026 · 41m

What does this year’s economics Nobel have to do with your savings account or your next big purchase? We unpack Robert Hall and Michael Woodford’s contributions to understanding how expectations shape spending and economic policy. Along the way, we discuss consumption smoothing, why central banks explain their plans, and whether people really think as far ahead as economic models suggest. We also look at what prediction markets can tell us about Nobel favorites and why a quieter, more stable economy can be an achievement that’s easy to overlook.

In this episode, we talk about:

* What…