Kelly Vedi from https://kellyvedi.substack.com/ comes on to explore the significance of apprenticeships as a viable training strategy in the U.S., contrasting them with traditional education models. She outlines the historical context, current state, and cultural differences surrounding apprenticeships, emphasizing their potential benefits for both employers and young people.

We discuss barriers to expanding apprenticeship programs, the role of AI, and the social aspects of vocational training compared to college education.

00:00 The Importance of Apprenticeships

05:47 Cultural Differences in Apprenticeship Models

10:30 Apprenticeships vs. Traditional Education

17:48 Barriers to Expanding Apprenticeships in the US

22:19 The Value of Practical Learning

27:30 Career Exploration Through Apprenticeships

31:01 The Impact of AI on Apprenticeships

33:52 The Social Aspects of College vs. Apprenticeships

38:22 The Need for Viable Alternatives to College

Be sure to check out the Econ Nerds on youtube here:

⁠https://www.youtube.com/@EconNerds⁠

In this episode of Econ Nerds Live, we dive into the transformative world of driverless car technology with Andrew Miller, author of the substack: Changing Lanes and the forthcoming book "The End of Driving."

We start with a transportation quiz before discussing the technological, regulatory and cultural barriers to a driverless car future.

In the end, we get Andrew's takes on some prediction market driverless car bets.

Check Andrew's substack here: https://www.changinglanesnewsletter.com/

Be sure to check out the Econ Nerds on youtube here:

⁠https://www.youtube.com/@EconNerds⁠

In this episode of Econ Nerds Live, hosts Matt Hill and Ariel Slonim first have a news quiz before discussing Fed Independence and Trump v. Powell.

The conversation shifts to vacation experiences, highlighting the cost of living and consumer surplus, before wrapping up with a discussion on economic observations from their travels.

02:46 News Quiz

14:28 Federal Reserve Independence and History

20:03 Volcker's Impact and Political Relationships

22:49 Fed Speak vs. Trump Speak

26:45 Vacation Talk: Experiences and Observations

33:49 Consumer Insights from Travel

38:26 The Price is Right? Camping Economics

42:58 Consumer Surplus and Deadweight Loss in Daily Life

Be sure to check out the Econ Nerds on youtube here:

⁠https://www.youtube.com/@EconNerds⁠