Nobel Prize Conversations
How important is the money in your pocket? Try buying a sandwich with an IOU and a promise to come back and pay, and you’ll soon understand. Christopher Sims’ research explores topics from the meaning of money to his prize-awarded work on cause and effect in the macroeconomy. In this conversation, conducted in April 2020, Sims touches on sandwich shops, terrific teachers and a horse with a name that’s almost impossible to pronounce.
The host of this podcast is nobelprize.org’s Adam Smith.