{"podcast":{"title":"New Books in Economics","slug":"new-books-in-economics-614217","podcast_index_feed_id":614217,"rss_url":"https://feeds.megaphone.fm/LIT6811763985","website_url":"https://newbooksnetwork.com/category/politics-society/economics/","image_url":"https://megaphone.imgix.net/podcasts/fdf6c180-ef85-11e8-aee2-1b359e8e3c30/image/df38cff333f92d4425c61c7dba8af9ad.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"New Books Network","episode_count":1544,"summary":"This podcast is a channel on the New Books Network. The New Books Network is an academic audio library dedicated to public education. In each episode you will hear scholars discuss their recently published research with another expert in their field. Discover our 150+ channels and browse our 28,000+ episodes on our website: ⁠newbooksnetwork.com⁠ Subscribe to our free weekly Substack newsletter to get informative, engaging content straight to your inbox: ⁠https://newbooksnetwork.substack.com/⁠ Follow us on Instagram and Bluesky to learn about more our latest interviews: @newbooksnetwork Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics","last_synced_at":"2026-06-13T08:19:48.278656+00:00","page_url":"https://stenobird.com/podcast/new-books-in-economics-614217"},"episode":{"title":"Ladder or Lottery? Gary Hoover on the Consequences of Broken Economic Promises","slug":"ladder-or-lottery-gary-hoover-on-the-consequences-of-broken-economic-promises","published_at":"2026-04-20T08:00:00+00:00","page_url":"https://stenobird.com/podcast/new-books-in-economics-614217/ladder-or-lottery-gary-hoover-on-the-consequences-of-broken-economic-promises","show_page_url":"https://stenobird.com/podcast/new-books-in-economics-614217","url":"https://pdst.fm/e/traffic.megaphone.fm/NBNK2522103460.mp3?updated=1776629686","audio_url":"https://pdst.fm/e/traffic.megaphone.fm/NBNK2522103460.mp3?updated=1776629686","summary":"Today I have the pleasure of speaking with Gary Hoover about his new book, Ladder or Lottery: Economic Promises and the Reality of Who Gets Ahead (University of California Press, 2026). Gary is Professor of Economics and Executive Director of the Murphy Institute at Tulane University. One of the most challenging aspects of life is that sometimes, despite our very best efforts, we still miss the mark. Life can feel like a lottery, where success comes down to luck or the privilege to have the resources to buy as many lottery tickets as possible. For some, life appears like a ladder. No matter where you start, all you need to do is climb to get to the top. These metaphors encapsulate the dilemmas explored by Gary in his important work, as he examines in a variety of case studies whether economic conditions look more like a ladder or more like a lottery. When enough people feel that the system is more like a lottery than a ladder, social order breaks down, protests erupt, and, on occasion, revolutions take place. To take on this weighty topic, I’m thrilled today to have Gary Hoover on the podcast. Gary A. Hoover is Executive Director of the Murphy Institute, Professor of Economics, and Affiliate Professor of Law at Tulane University. Caleb Zakarin is the CEO and Publisher of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics","meta_description":"Today I have the pleasure of speaking with Gary Hoover about his new book, Ladder or Lottery: Economic Promises and the Reality of Who Gets Ahead (Univers…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4674,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/new-books-in-economics-614217/episodes/ladder-or-lottery-gary-hoover-on-the-consequences-of-broken-economic-promises/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/new-books-in-economics-614217/ladder-or-lottery-gary-hoover-on-the-consequences-of-broken-economic-promises.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}