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Economic Rockstar

Connecting Brilliant Minds in Economics and Finance

154: Pat Holt on the Economics in Spider-Man, Wonder Woman and Black Panther

August 18, 2018 by Frank

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154: Pat Holt on the Economics in Spider-Man, Wonder Woman and Black Panther


Pat Holt is a computer engineer, a comic book geek and a born-again economics lover.

Pat reached out to Brian O’Roark after listening to episode 116 of this podcast and after a while, he contributed a chapter tothe book ‘Superheroes and Economics: The Shadowy World of 

Capes, Masks and Invisible Hands’ edited by Rob Salkowitz and Brian.

In this Episode, Pat mentions and discusses:

  • Unemployment, utility maximisation when saving the galaxy.
  • Human capital, opportunity costs and trade-offs.
  • How comic books provide a historical context life by capturing the social and economic issues of the day.
  • Racism, chauvinism and feminism.
  • How Superman brought down the Ku Klux Klan.
  • How Spider-Man epitomises many of our battles to get through the day.
  • Whether Spider-Man is representative of a start-up entrepreneur.
  • The gender inequalities of the 1960s and how Wonder Woman led the way to fight for women’s rights and continued the feminist movement.
  • The Dandy and The Beano at the time of World War 2.
  • Lou Ferrigno as the Incredible Hulk.
  • How Gloria Steinem helped Diana Prince gain back her Wonder Woman powers.
  • Black Panther, the Resource Curse, trade and vibranium.
  • Captain Marvel.
  • Supergirl.
  • Wakandanomics by The Economist
  • Weird Al Yankovich: Everything You Know Is Wrong

Other Episodes of Interest:

  • 116: Brian O’Roark on The Economics of Superheroes and The Hunger Games
  • 118: Zachary Feinstein on Systemic Risk and Economics in Star Wars and Harry Potter
  • 060: Manu Saadia on Trekonomics – The Economics of Star Trek: Scarcity, Productivity and Public Goods
  • 057: Alvin Roth on Match-Making, Repugnant Markets and Market Design
  • 054: Christine Exley on the Economics of Volunteering, Market Failure in the Homeless Dog Market and Wagaroo

How to Contact Pat Holt:

  • Twitter: @PatNHolt
  • Email: ballroomsalsadancer[at]gmail[dot]com

Books:

  • Superheroes and Economics: The Shadowy World of Capes, Masks and Invisible Hands by Brian O’Roark (Editor) and Rob Salkowitz (Editor)
  • Poor Peter Parker: Spider sense doesn’t apply to making a living by Patrick Holt
  • The Hitchhiker Trilogy by Douglas Adams

Patreon

If you’re a fan of the podcast and would like to show your support in anyway, please check out my Patreon page at www.patreon.com/economicrockstar where you can sign up for any of the awards for as little as $1 a month or you can simply follow me on the Economic Rockstar Facebook page or on Twitter or simply recommend the show to a friend, especially if they have never had the opportunity to study economics.

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116: Brian O’Roark on The Economics of Superheroes and The Hunger Games

December 17, 2016 by Frank

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116: Brian O’Roark on The Economics of Superheroes and The Hunger Games

Brian O’Roark is University Professor of Economics at Robert Morris University in Pittsburgh. He is the Co-Director of the Robert Morris Center for Economics Education and has a Ph.D. from George Mason University.

In 2014, Brian was given the Undergraduate Teaching Innovation Award by the Middle Atlantic Association of Colleges of Business Administration. He teaches the Survey of Economics course, and Principles of Micro and Macro Economics.

Brian is the co-author of The Ultimate Guide to Teaching Essentials of Economics where hundreds of teaching tips is compiled into one essential, thoughtfully designed teaching resource making it easy for new instructors to incorporate best teaching practices into their courses and for veteran teachers to find inspiration to enliven their lectures.

Professor O’Roark has integrated economic content in songs with many topics being covered in the music videos available at  http://www.criticalcommons.org/author/oroark.

To me Brian has become synonymous with superheroes and I could be forgiven for calling him Super Econ Man.

Economics:

In this episode, Brian discusses and mentions: comparative advantage, institutions, production possibility frontier, inequality, opportunity costs and choices.

Economists:

In this episode, Brian discusses and mentions: Jeff Cleveland, Kim Holder, Matt Rousu, Deirdre McClosky, Andrew Heaton, Beatrice Cherrier, Manu Saadia, Peter Leeson, Steve Horwitz, James Tierney, Dirk Mateer, James Buchanan and Walter Williams.

Links:

  • Music For Econ

Movies for Economics:

  • Matewan by Rebecca J. Bailey
  • It’s a Wonderful Life
  • A Clockwork Orange by Stanley Kubrick
  • Mad Max

 

TV Shows:

  • The Flash
  • The Green Arrow
  • Super Girl

Superheros:

  • Batman (DC)
  • Superman (DC)
  • Deadpool (Marvel)
  • Wonder Woman (DC)
  • Super Girl (DC)
  • Nate Grey (Marvel)
  • Doctor Manhattan (Marvel)
  • Scarlett Witch (Marvel)
  • Black Bull (Marvel)

Writing Tips:

  1. Write on things that you’re interested in. Once you lose that interest, it makes writing so much more difficult. For me right now,  I’m writing on dystopian literature and writing about superheroes and hopefully writing more on information security. Those are things that I’m really really interested in and that makes the job of writing so much easier.
  2. Do the writing and get your ideas down on paper first. Don’t worry about what other people have said on the topic before you start writing yourself. When I was at Mason, James Buchanan was still there. And he made this comment that stuck with me more so than anything that I have learned in any of the classes that I had there. He would write the paper first and then do the literature review later. Because he didn’t want anybody else’s opinion’s to affect what he was writing. He wanted all of the ideas that he put down on paper to be his own. And if other people had written about it he could weave what they said into what he said. But he didn’t want to work it the other way around. He didn’t want to have his ideas be the offspring of somebody else’s work.
  3. Make sure you carve out time to write. If you carve out time to get your writing done it doesn’t become the last thing on your to-do list. When it becomes the last thing on your to-do list it tends to keep getting pushed back and pushed back and then it doesn’t get done at all.

Books:

  • Matewan by Rebecca J. Bailey
  • The Grapes of Wrath by John Steinbeck
  • The Hunger Games by Suzanne Collins
  • Catching Fire by Suzanne Collins
  • Mockingjay by Suzanne Collins
  • Homer Economicus: The Simpsons and Economics by Joshua Hall
  • We Are Anonymous: Inside the Hacker World of LulzSec, Anonymous, and the Global Cyber Insurgency by Parmy Olson

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Frank Conway

Frank Conway is founder of Economic Rockstar and lecturer of economics, finance and statistics. Read More…

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