006: Andrew Heaton on Using Comedy to Explain Economic Concepts

Andrew Heaton is a comedian, writer and political satirist. He is the presenter of the witty and entertaining economics podcast, EconPop and has a Masters degree in International Politics. Andrew has been featured in a Bollywood movie, plays a lead role in the sitcom Cap South and has been voted best new comedian of 2013 in New York. Andrew hails from Oklahoma, is an Officer to a Prince and plays the Ukelele to enhance the mood of his friends’ amorous endeavors.     In this interview, Andrew mentions and discusses: wheat quotas, comparative advantage, protectionism, relative and actual growth, free markets and limited government, Austrian Theory of Monetary Creation, supply and demand, signalling, subjective value, negative externalities, tariffs and import duty, protectionism, corporation tax, scarce resources, population, abundance of resources, the Great Depression, US deficit, unintended consequences, behavioral economics and risk aversion.   Find Out: how Andrew became interested in economics while studying abroad in Scotland. what parallels Andrew draws between politics, economics and comedy. what economists and school of thought Andrew draws inspiration from to carve out his own views. where and from whom Andrew gets his inspiration for his anecdotal writings on economics concepts. how economic concepts is in abundance in life and can be found in the many movies we may have watched. what qualities Andrew believes makes a successful person. about Andrew being an Officer to Prince Leonard of Hutt River. what comparative advantage is and how Andrew explains it in an unusual but light-hearted way.   why Andrew believes we will never run out of resources and why we should not worry about scarcity. For more information on this podcast episode and others, please visit www.economicrockstar.com