“The Two-Handed Economist” delivers timely analysis of economic news from John Diamond, director of the Baker Institute Center for Tax and Budget Policy. Each week, John will dive deep into the latest policy developments — mostly at the federal level, but with insights now and again into Texas and Houston finance as well.<br /><br />Why a two-handed economist? President Harry Truman famously asked for a one-handed economist, tired of hearing, “On the one hand, this,” and “On the other hand, that.” John embraces the complexity that a one-handed economist might shy away from, explaining how it all adds up for consumers, businesses, and policymakers. This show is for anyone looking for a clear-eyed, common-sense perspective on economic policy issues.

The Two-Handed Economist
Claim This Podcastby Rice University’s Baker Institute for Public Policy
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Podcast Overview
“The Two-Handed Economist” delivers timely analysis of economic news from John Diamond, director of the Baker Institute Center for Tax and Budget Policy. Each week, John will dive deep into the latest policy developments — mostly at the federal level, but with insights now and again into Texas and Houston finance as well.<br /><br />Why a two-handed economist? President Harry Truman famously asked for a one-handed economist, tired of hearing, “On the one hand, this,” and “On the other hand, that.” John embraces the complexity that a one-handed economist might shy away from, explaining how it all adds up for consumers, businesses, and policymakers. This show is for anyone looking for a clear-eyed, common-sense perspective on economic policy issues.
Language
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Publishing Since
4/16/2025
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Recent Episodes

May 20, 2026
From 'Baker Briefing:' How the Iran War Is Hitting Americans at Home
As conflict with Iran intensifies, economic consequences are beginning to extend beyond the battlefield, from rising energy prices to growing concerns about inflation and household costs. Ambassador David M. Satterfield and John W. Diamond, director of the Baker Institute Center for Tax and Budget Policy, discuss what a prolonged conflict could mean for the U.S. economy — and why everyday Americans may soon feel the effects. This conversation was recorded on May 20, 2026. Listen and subscribe to “Baker Briefing” on Apple, Spotify, or your preferred podcast platform. You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.

April 16, 2026
From 'Baker Briefing:' Tax Day Edition — Debt, Defense, and Economic Uncertainty
It’s Tax Day, and this episode steps back from the headlines to look at the forces shaping the U.S. fiscal and economic outlook. From the latest federal budget proposals and rising defense costs to updated projections from the Congressional Budget Office (CBO) and the Treasury Department on deficits and debt, the fiscal picture is facing growing pressure. Ambassador David M. Satterfield and John W. Diamond examine how the costs of ongoing and potential conflicts factor into an already strained budget environment, alongside broader economic crosscurrents, including private equity stress, immigration trends, tariffs, fiscal stimulus, and the rapid rise of artificial intelligence. With geopolitical tensions adding uncertainty, this episode asks: How much stability remains in the system? This conversation was recorded on April 15, 2026. Listen and subscribe to “Baker Briefing” on Apple, Spotify, or your preferred podcast platform. You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.

March 27, 2026
13: The Federal Budget’s March Madness
If the Federal Government was scaled down to a household budget, it would make $52,000 a year and be spending $73,000 – a surplus of $21,000 that would quickly put the average American in debt. In this episode of “The Two-Handed Economist,” John Diamond dives into the current financial state of the Federal Government and its connection to the silent but approaching private credit troubles looming in the background. By taking the trillion dollar issue of the Federal Government and moving it into a scalable point of reference, Diamond explains the long-term accountability issues that are only going to worsen in our budget. On the private credit side, he sheds light onto this opaque, untested market and warns its vulnerability could spill over to the public market and Capitol Hill, pressuring lawmakers to step in and provide relief in their already inflexible financial state. This conversation was recorded on Mar. 24, 2026. Follow John Diamond on X (@jw_diamond) and LinkedIn. You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
17 total episodes available
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- What is The Two-Handed Economist?
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This podcast updates daily.
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This podcast is available on 4 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
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No, this podcast does not typically feature guests.
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