May 19, 2017· 35 min

What a 150-Year Old Indian Railway System Tells Us About Trade

Dave Donaldson

Orality

Model

69%

Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(954 words)

M:94%

HostJoe Weisenthal(876 words)

M:94%

GuestDave Donaldson(4,480 words)

M:28%

Oral Indicators

Agonistic37%

literally, completely, basically

Engagement83%

you, our, your

Memory Aids100%

listen, now, right

Repetition100%

know (114x), sort (51x), kind (47x)

Parallelism90%

So it means that no matter whe..., So if you're reading a story a..., And, of course, we have all th...

Sound Patterns64%

44 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases3%

i mean

Literate Indicators

Hedging12%

probably, might, quite

Passive Voice6%

is confined, been published, was interested

Abstract Nouns22%

investment, recommendation, business

Subordination9%

whereas, because, therefore

Sentence Length47%

Avg: 16.7 words/sentence

Word Complexity47%

investment, analyze, anticipate

Academic Markers4%

according to

Impersonal Style17%

570 personal pronouns found

Descriptive Style97%

literally, completely, really

Description

It's no secret that international trade has been criticized lately. But why exactly are countries generally happy to trade within their borders -- from one state or town to another, for example -- but more reluctant to trade across international ones? And why are countries so focused on making things domestically? On this edition of the Odd Lots podcast we speak to an over-achiever in the field of economics who specializes in trade and is known for rigorous research that has included poring over railway records from the British Raj era in India. Dave Donaldson is the most recent recipient of the prestigious John Bates Clark Medal awarded to economists under the age of 40. He speaks about what he learned from studying trade across history and what exactly it has to offer in modern times. See omnystudio.com/listener for privacy information.

← How Instagram Turned Into a Giant Market...Poker Legend Phil Hellmuth Has Advice Th... →