Martha Olney's guest appearances

Martha Olney

The Jolly Swagman Podcast

Women in Economics

Mark Cuban

Tyler Cowen

Donald Trump

Arlie Hochschild

Yanis Varoufakis

Peter Thiel

Bret Weinstein

Noam Chomsky

Gareth Evans

Jonathan Haidt

Graham Allison

James Damore

Robert Shiller

Eric Weinstein

Nicholas Christakis

OwlTail

Martha Olney is an economist and Teaching Professor in Berkeley's Economics Department.Show notesSelected links Follow Martha: Website | Twitter   Buy Now, Pay Later: Advertising, Credit, and Consumer Durables in the 1920s, by Martha Olney  Did Monetary Forces Cause the Great Depression, by Peter Temin  Advertising the American Dream: Making Way for Modernity, 1920 – 1940, by Roland Marchand  Traitor to his Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt, by H. W. Brands 'The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis', paper by Atif Mian and Amir Sufi Topics discussed How did Martha become interested in the history of consumer credit? 3:28 The birth of consumer credit. 6:54 How consumer credit companies and advertisers midwifed a change in cultural attitudes regarding borrowing. 16:41 What is the relationship between the increase in inequality and the rise in consumer credit during the 1920s? 31:34 Political elites in the Great Depression versus the Great Recession. 47:35 How did studying the 1920s prepare Martha for the Great Recession? 54:58 If private debt is capitalism's Achilles Heel, what should we do about it? 57:54 

Martha Olney is an economist and Teaching Professor in Berkeley's Economics Department.<h1>Show notes</h1>Selected links<ul> <li>Follow Martha: <a href="https://eml.berkeley.edu//~olney/" rel="nofollow" target="_blank">Website</a> | <a href="https://twitter.com/MarthaOlney?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank">Twitter</a> </li> <li> Buy Now, Pay Later: Advertising, Credit, and Consumer Durables in the 1920s, by Martha Olney</li> <li> <a href="https://www.amazon.com.au/Monetary-Forces-Cause-Great-Depression/dp/0393092097" rel="nofollow" target="_blank">Did Monetary Forces Cause the Great Depression</a>, by Peter Temin</li> <li> <a href="https://www.amazon.com/Advertising-American-Dream-Modernity-1920-1940/dp/0520058852#:~:text=In%20%22Advertising%20the%20American%20Dream,more%20accurately%20than%20its%20reality." rel="nofollow" target="_blank">Advertising the American Dream: Making Way for Modernity, 1920 – 1940</a>, by Roland Marchand</li> <li> <a href="https://www.amazon.com.au/Traitor-His-Class-H-Brands/dp/0307277941" rel="nofollow" target="_blank">Traitor to his Class:</a> <a href="https://www.amazon.com.au/Traitor-His-Class-H-Brands/dp/0307277941" rel="nofollow" target="_blank">The Privileged Life and Radical Presidency of Franklin Delano Roosevelt</a>, by H. W. Brands</li> <li>'The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis', <a href="https://academic.oup.com/qje/article-abstract/124/4/1449/1917185" rel="nofollow" target="_blank">paper</a> by Atif Mian and Amir Sufi</li> </ul> Topics discussed<ul> <li>How did Martha become interested in the history of consumer credit? 3:28</li> <li>The birth of consumer credit. 6:54</li> <li>How consumer credit companies and advertisers midwifed a change in cultural attitudes regarding borrowing. 16:41</li> <li>What is the relationship between the increase in inequality and the rise in consumer credit during the 1920s? 31:34</li> <li>Political elites in the Great Depression versus the Great Recession. 47:35</li> <li>How did studying the 1920s prepare Martha for the Great Recession? 54:58</li> <li>If private debt is capitalism's Achilles Heel, what should we do about it? 57:54</li> </ul>

#107: The Roaring Twenties And The Birth Of Consumer Credit - Martha Olney

“I think we're on the precipice of change partly because there's increasing awareness of this issue within economics,” says Martha Olney, University of California Berkeley professor. She talks about why she mentors and how former Berkeley undergrad Alice Wu’s thesis took the profession by storm.

“I think we're on the precipice of change partly because there's increasing awareness of this issue within economics,” says Martha Olney, University of California Berkeley professor. She talks about why she mentors and how former Berkeley undergrad Alice Wu’s thesis took the profession by storm.

Women in Economics: Martha Olney