How Economics Can Save the World – A Conversation with Erik Angner
If you think economics is just about stock markets and complicated graphs, Erik Angner has news for you.
In our latest 42courses podcast, Erik—an economist and philosopher—makes a compelling case for why economics isn’t just useful, but essential in tackling the world’s biggest challenges.
(And no, you don’t need a degree in economics to get it!)
Here are some key takeaways from our chat (and why you should care):
1. Economics Isn’t Just About Money (Really!)
When most people hear “economics,” they think of Wall Street or tax policies.
But Erik argues that economics is really all about human behaviour—how we make decisions, how societies function, and how we can solve big problems like climate change and poverty.
In other words, it’s about us.
2. Science + Values = A Better World
Economics alone won’t save us.
However, when combined with ethical values and a clear vision of what a good society looks like, it becomes a potent tool.
Think of it as a GPS—it helps you navigate, but you still need to decide where you want to go.
3. The Real Problem? A Lack of Trust
We’re not short on knowledge; we’re short on trust.
Many people no longer believe in experts, whether economists, scientists, or even doctors. Erik believes that better communication is part of the solution.
Experts need to get out of their ivory towers and talk to people in a way that makes sense (which doesn’t always happen).
4. Economics and Philosophy Are Long-Lost Siblings
Erik has a background in both philosophy and economics, and he sees them as natural partners. Why?
Because the biggest problems we face—poverty, inequality, and climate change—aren’t just economic or political. They’re ethical, too.
Understanding both helps us make more intelligent, fairer decisions.
5. Yes, Economics Has Answers for Climate Change
Believe it or not, economists agree that climate change is real, it’s a massive problem, and we need to act fast.
The best solution is to tax pollution and carbon emissions. This simple but powerful measure would make businesses and consumers think twice before making choices that harm the planet.
6. We Need More Optimism (and Less Doomscrolling😩)
We all know bad news sells, but Erik believes we should focus more on solutions than problems.
Economics isn’t just about pointing out what’s wrong—it’s about figuring out how to fix it.
Think of a doctor’s visit: you don’t just want to hear what’s wrong; you want to know what you can do about it.
7. Long-Form Conversations (Like Podcasts!) Matter
In a world of 10-second soundbites, podcasts offer something different—space for real conversations.
Erik loves the format because it allows people to actually think about ideas instead of just reacting to headlines. (So yes, your podcast addiction is totally justified😍.)
8. Final Thought: Trust the Science
If there’s one thing Erik wants us to take away, it’s this: science is your friend.
It’s not about having all the answers but about using evidence and logic to make better decisions. We need that more than ever.
Want to hear the whole conversation?
Check out the latest episode of the 42courses podcast on YouTube and on Spotify —your brain will thank you!
