Why Podcasts Succeeded in Gaining Influence Where MOOCs Failed

When MOOCs (Massive Open Online Courses) burst onto the education scene in the early 2010s, they were hailed as the future of learning. With the promise of democratizing education by providing free access to world-class courses from top universities.

Leading universities rushed to put their courses online, venture capital poured in, and platforms like Coursera and edX grew rapidly. Yet today, while MOOCs still exist, they’ve largely retreated to the margins of education. Meanwhile, long-form podcasts have emerged as a surprisingly powerful force in American intellectual life.

Is this ironic? I wanted to learn a bit about MOOCs while I took a walk before writing this blog post. I typed “MOOCs” into the Apple Podcasts search bar.

One of the first results was: John Cochrane on Education and MOOCs

I learned about MOOCs from Russ Roberts at a reasonable pace (when I listen to podcasts, I do it at 1x speed but I’m almost always doing something like driving or folding laundry).

I consider myself a lifelong learner. I buy and read books. Like hundreds of millions of people around the world, I like podcasts. I will attend lectures sometimes, especially if I personally know someone in the room. I did sit in classrooms for course credit throughout college and graduate school. I took extra classes that I did not need to graduate purely out of interest, and yet I have never once been tempted to sign up for a MOOC.

Enough introspection from me. My viral “tweet” this week was: “MOOCs never took off, as far as I can tell, and yet long-form podcasts are shaping the nation.”

Did MOOCs fail? Many millions of people signed up for MOOCs. A much smaller percentage of people completed MOOCs. Some users find MOOCs worth paying for.

However, if you listen to the podcast with John Cochrane in 2014, you can see the promise that MOOCs failed to live up to. The idea was that many people who did not have access to a “top quality” education would get one through MOOCs. Turns out that access is not the bottleneck.

Continue reading

Teaching Resource: List of Econ Podcasts for Spring 2024

In addition to all the usual items for a principles of macroeconomics class, I’m asking my students to listen to one podcast episode this semester. They have to write a short summary on a discussion board for credit.

It took me a bit of time to collect this list of links. I also give them some discretion to find their own episode, but I’m not posting my rules on that point here. This list is something you can copy, paste, and modify. The point is to have all the web links in one place so that students can just click around. There have been many great podcasts over past 2 decades, but I list relatively new content so that we get a bit of “current events” thrown in. So, even if you’ve assigned podcasts before, this new list might be helpful.

Re-release: Claudia Goldin on the Economics of Inequality
Conversations with Tyler
https://cowenconvos.libsyn.com/re-release-claudia-goldin-on-the-economics-of-inequality
https://podcasts.apple.com/us/podcast/re-release-claudia-goldin-on-the-economics-of-inequality/id983795625?i=1000630726259

Reid Hoffman on the Possibilities of AI
Conversations with Tyler
https://cowenconvos.libsyn.com/reid-hoffman-0
https://podcasts.apple.com/us/podcast/reid-hoffman-on-the-possibilities-of-ai/id983795625?i=1000618616078

Simon Johnson on Banking, Technology, and Prosperity
Conversations with Tyler
https://cowenconvos.libsyn.com/simon-johnson
https://podcasts.apple.com/us/podcast/simon-johnson-on-banking-technology-and-prosperity/id983795625?i=1000613373427

Tom Holland on History, Christianity, and the Value of the Countryside
Conversations with Tyler
https://podcasts.apple.com/us/podcast/tom-holland-on-history-christianity-and-the/id983795625?i=1000605361914
https://cowenconvos.libsyn.com/tom-holland

Brad DeLong on Intellectual and Technical Progress
Conversations with Tyler
https://cowenconvos.libsyn.com/brad-delong
https://podcasts.apple.com/us/podcast/brad-delong-on-intellectual-and-technical-progress/id983795625?i=1000601069514

Mark Carney on Central Banking and Shared Values
Conversations with Tyler
https://cowenconvos.libsyn.com/mark-carney
https://podcasts.apple.com/us/podcast/mark-carney-on-central-banking-and-shared-values/id983795625?i=1000523160780

EconTalk Episodes
Tyler Cowen on the GOAT of Economics
https://simplecast.econtalk.org/episodes/tyler-cowen-on-the-goat-of-economics

Jennifer Burns on Milton Friedman
https://simplecast.econtalk.org/episodes/jennifer-burns-on-milton-friedman

Michael Munger on How Adam Smith Solved the Trolley Problem
https://simplecast.econtalk.org/episodes/michael-munger-on-how-adam-smith-solved-the-trolley-problem

Daron Acemoglu on Innovation and Shared Prosperity
https://simplecast.econtalk.org/episodes/daron-acemoglu-on-innovation-and-shared-prosperity

Michael Munger on Industrial Policy
https://simplecast.econtalk.org/episodes/michael-munger-on-industrial-policy

Macro Musings Episodes
Tyler Cowen on the Greatest Economist of All Time and Other Macro Awards
https://macromusings.libsyn.com/tyler-cowen-on-the-greatest-economist-of-all-time-and-other-macro-awards

Nicolas Cachanosky on Dollarization in Argentina
https://macromusings.libsyn.com/nicolas-cachanosky-on-dollarization-in-argentina

Charlie Evans on the Past, Present, and Future of U.S. Monetary Policy
https://macromusings.libsyn.com/charles-evans-on-the-past-present-and-future-of-us-monetary-policy

Shruti Rajagopalan started a new podcast called Ideas of India. 
https://www.mercatus.org/ideasofindia

Or you can listen to Shruti here: https://www.mercatus.org/hayekprogram/hayek-program-podcast/peter-boettke-austrian-economics-and-knowledge-problem-pt-1

Women in Economics Podcast from the St. Louis Fed
Women in Economics: Isabel Schnabel
https://www.stlouisfed.org/timely-topics/women-in-economics/isabel-schnabel

Women in Economics: Heidi Hartmann
https://www.stlouisfed.org/timely-topics/women-in-economics/heidi-hartmann

Women in Economics: Stephanie Aaronson
https://www.stlouisfed.org/timely-topics/women-in-economics/stephanie-aaronson

Women in Economics: Christina Romer, Janice Eberly and Shelly Lundberg
https://www.stlouisfed.org/timely-topics/women-in-economics/romer-eberly-lundberg