We asked 188 economists. And the survey says...

(For our story on this year's Nobel in Economics, check out our daily show, The Indicator (https://www.npr.org/2024/10/15/121116...) !) Let's face it. Economics is filled with terms that don't always make sense to the average person. Terms that sometimes mean what you think they mean, but sometimes not at all. Not even close. We surveyed 188 economists. And we asked them: What are the most misunderstood terms in the field of economics? On today's show, their answers! Hear stories about near recessions, a problem with insurance, econ at your local movie theater, and... an economics term that will make undergrads blush. Strap in, and bring your popcorn! This episode was hosted by Amanda Aronczyk and Alexi Horowitz-Ghazi. It was produced by Sam Yellowhorse Kesler with help from Sean Saldana. It was edited by Jess Jiang, engineered by Valentina Rodríguez Sánchez and fact-checked by Sierra Juarez. Alex Goldmark is our executive producer. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts (http://n.pr/PM-digital) or at plus.npr.org/planetmoney (https://n.pr/3HlREPz) . See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy (https://www.npr.org/about-npr/1798784...)