EPISODE · May 19, 2025 · 1H 15M
Inside the Mysterious World of Credit Cards (with Patrick McKenzie)
from EconTalk · host EconTalk: Russ Roberts
Patrick McKenzie explains to EconTalk's Russ Roberts how credit cards work, who makes money from them and how, and gives his take on whether cash customers and debit card users subsidize the users of credit cards with reward programs.
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Inside the Mysterious World of Credit Cards (with Patrick McKenzie)
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Rob Wiblin's favourite 100 episodes of EconTalk — the award-winning weekly talk show about economics in daily life: http://econtalk.orgA selection of the 'top 11' have modified release dates so they show up at the top when you choose to show the most recent first. The rest are then listed by release date.Learn more about this list and the episodes: https://tinyurl.com/rob-top-econtalkRob Wiblin's personal website: http://robwiblin.com
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EconTalk is an award-winning weekly talk show about economics in daily life. Featured guests include renowned economics professors, Nobel Prize winners, and exciting speakers on all kinds of topical matters related to economic thought. Topics include health care, business cycles, economic growth, free trade, education, finance, politics, sports, book reviews, parenting, and the curiosities of everyday decision-making. Russ Roberts, of the Library of Economics and Liberty (econlib.org) and George Mason U., draws you in with lively guests and creative repartee. Look for related readings and the complete archive of previous shows at EconTalk.org, where you can also comment on the podcasts and ask questions.
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