Freakonomics Radio
Freakonomics Radio

Freakonomics co-author Stephen J. Dubner uncovers the hidden side of everything. Why is it safer to fly in an airplane than drive a car? How do we decide whom to marry? Why is the media so full of bad news? Also: things you never knew you wanted to know about wolves, bananas, pollution, search engines, and the quirks of human behavior. To get every show in our network without ads and a monthly bonus episode of Freakonomics Radio, sign up for SiriusXM Podcasts+ on Apple Podcasts at http://apple.co/SiriusXM.

Macy’s wants to recapture its glorious past. The author of the Wimpy Kid books wants to rebuild his dilapidated hometown. We just want to listen in. (Part two of a two-part series.) SOURCES:Mark Cohen, former professor and director of retail studies at Columbia Business School.Will Coss, vice president and executive producer of Macy’s Studios.Jeff Kinney, author, cartoonist, and owner of An Unlikely Story Bookstore and Café.Tony Spring, chairman and C.E.O. of Macy’s Inc. RESOURCES:"Macy’s Discovers Employee Hid Millions in Delivery Expenses," by Jordyn Holman and Danielle Kaye (The New York Times, 2024)."NBC Ready to Pay Triple to Gobble Up Thanksgiving Parade Broadcast Rights," by Joe Flint (The Wall Street Journal, 2024)."How Macy’s Set Out to Conquer the Department Store Business — and Lost," by Daphne Howland (Retail Dive, 2022).An Unlikely Story Bookstore and Café. EXTRA:"Can the Macy's Parade Save Macy's?" series by Freakonomics Radio (2024).
The 166-year-old chain, which is fighting extinction, calls the parade its “gift to the nation.” With 30 million TV viewers, it’s also a big moneymaker. At least we think it is — Macy’s is famously tight-lipped about parade economics. We try to loosen them up. (Part one of a two-part series.)Please take our audience survey at freakonomics.com/survey. SOURCES:John Cheney, carpenter at Macy’s Studios.Will Coss, vice president and executive producer of Macy’s Studios.Jeff Kinney, author, cartoonist, and owner of An Unlikely Story Bookstore and Café.Kevin Lynch, vice president of global helium at Messer.Jen Neal, executive vice president of live events and specials for NBCUniversal EntertainmentTony Spring, chairman and C.E.O. of Macy's Inc.Jessica Tisch, commissioner of the New York City Department of Sanitation; incoming commissioner of the New York City Police Department.Dawn Tolson, executive director of Citywide Event Coordination and Management and the Street Activity Permit Office for the City of New York. RESOURCES:Macy's: The Store. The Star. The Story., by Robert M. Grippo (2009).History of Macy's of New York, 1853-1919: Chapters in the Evolution of the Department Store, by Ralph M. Hower (1943).Macy's Thanksgiving Day Parade. EXTRA:The Economics of Everyday Things.
It’s true that robots (and other smart technologies) will kill many jobs. It may also be true that newer collaborative robots (“cobots”) will totally reinvigorate how work gets done. That, at least, is what the economists are telling us. Should we believe them? SOURCES:David Autor, professor of economics at the Massachusetts Institute of Technology.James Rosenman, C.E.O. of Andrus on Hudson senior care community.Karen Eggleston, economist at Stanford University.Yong Suk Lee, professor of technology, economy, and global affairs at the University of Notre Dame. RESOURCES:"Robots and Labor in Nursing Homes," by Yong Suk Lee, Toshiaki Iizuka, and Karen Eggleston (NBER Working Paper, 2024)."Global Robotics Race: Korea, Singapore and Germany in the Lead," by International Federation of Robotics (2024)."Unmet Need for Equipment to Help With Bathing and Toileting Among Older US Adults," by Kenneth Lam, Ying Shi, John Boscardin, and Kenneth E. Covinsky (JAMA Internal Medicine, 2021)."Robots and Labor in the Service Sector: Evidence from Nursing Homes," by Karen Eggleston, Yong Suk Lee, and Toshiaki Iizuka (NBER Working Papers, 2021).The Work of the Future: Building Better Jobs in an Age of Intelligent Machines, by David Autor, David Mindell, Elisabeth Reynolds, and the MIT Task Force on the Work of the Future (2020)."Robots and Jobs: Evidence from US Labor Markets," by Daron Acemoglu and Pascual Restrepo (University of Chicago Press, 2020)."The Slowdown in Productivity Growth and Policies That Can Restore It," by Emily Moss, Ryan Nunn, and Jay Shambaugh (The Hamilton Project, 2020)."The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade," by David H. Autor, David Dorn, and Gordon H. Hanson (NBER Working Papers, 2016)."Deregulation at Heart of Japan's New Robotics Revolution," by Sophie Knight and Kaori Kaneko (Reuters, 2014). EXTRAS:"What Do People Do All Day?" by Freakonomics Radio (2024)."Did China Eat America’s Jobs?" by Freakonomics Radio (2017).
After a dramatic election, Donald Trump has returned from exile. We hear what to expect at home and abroad — and what to do if you didn’t vote for Trump. SOURCE:Fareed Zakaria, journalist and author. RESOURCES:"The Most Dangerous Moment Since the Cold War," by Fareed Zakaria (The Washington Post, 2024)."America’s Failed Approach to Iran Can’t Really Be Called a Strategy," by Fareed Zakaria (The Washington Post, 2024).Age of Revolutions: Progress and Backlash from 1600 to the Present, by Fareed Zakaria (2024). EXTRAS:"Are We Living Through the Most Revolutionary Period in History?" by Freakonomics Radio (2024)."Are Private Equity Firms Plundering the U.S. Economy?" by Freakonomics Radio (2023).
Some people want the new cannabis economy to look like the craft-beer movement. Others are hoping to build the Amazon of pot. And one expert would prefer a government-run monopoly. We listen in as they fight it out. (Part four of a four-part series.) SOURCES:Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.Adam Goers, senior vice president of The Cannabist Company and chairperson of the Coalition for Cannabis Scheduling Reform.Yasmin Hurd, director of the Addiction Institute at Mount Sinai.Jared Polis, governor of Colorado.Ryan Stoa, associate professor of law at Louisiana State University. RESOURCES:"Prevalence of and Trends in Current Cannabis Use Among U.S. Youth and Adults, 2013–2022," by Delvon T. Mattingly, Maggie K. Richardson, and Joy L. Hart (Drug and Alcohol Dependence Reports, 2024)."Colorado’s Weed Market Is Coming Down Hard and It’s Making Other States Nervous," by Mona Zhang (Politico, 2024)."Reducing Alcohol Consumption, the Nordic Way: Alcohol Monopolies, Marketing Bans and Higher Taxation," by the World Health Organization (2023)."Economic Benefits and Social Costs of Legalizing Recreational Marijuana," by Jason P. Brown, Elior Cohen, and Alison Felix (Federal Reserve Bank of Kansas City Research Working Paper, 2023)."Competition in the Markets for Beer, Wine, and Spirits," by the United States Department of the Treasury (2022)."Alcohol Monopolies," by Robin Room (Scottish Health Action on Alcohol Problems, 2021)."Craft Beer Is the Strangest, Happiest Economic Story in America," by Derek Thompson (The Atlantic, 2018)."Marijuana Discontinuation, Anxiety Symptoms, and Relapse to Marijuana," by Marcel O. Bonn-Miller and Rudolf H. Moos (Addictive Behaviors, 2009). EXTRAS:"Is America Switching from Booze to Weed?" series by Freakonomics Radio (2024)."Why Do Your Eyeglasses Cost $1,000?" by Freakonomics Radio (2024)."Should You Trust Private Equity to Take Care of Your Dog?" by Freakonomics Radio (2023)."Is Dialysis a Test Case of Medicare for All?" by Freakonomics Radio (2021).
Chris Weld worked for years in emergency rooms, then ditched that career and bought an old farm in Massachusetts. He set up a distillery and started making prize-winning spirits. When cannabis was legalized, he jumped into that too — and the first few years were lucrative. But now? It turns out that growing, processing, and selling weed is more complicated than it looks. He gave us the grand tour.  (Part three of a four-part series.) SOURCES:Chris Bennett, operations manager at Berkshire Mountain Distillers.Luca Boldrini, head of cultivation at The Pass.Yasmin Hurd, director of the Addiction Institute at Mount Sinai.Chris Weld, founder and owner of Berkshire Mountain Distillers. RESOURCES:"As America’s Marijuana Use Grows, So Do the Harms," by Megan Twohey, Danielle Ivory, and Carson Kessler (The New York Times, 2024)."Evaluation of Dispensaries’ Cannabis Flowers for Accuracy of Labeling of Cannabinoids Content," by Mona M. Geweda, Chandrani G. Majumdar, Mahmoud A. ElSohly, et al. (Journal of Cannabis Research, 2024)."The Complicated, Risky — but Potentially Lucrative — Business of Selling Cannabis," by James R. Hagerty (The Wall Street Journal, 2023)."Marijuana Content Labels Can’t Be Trusted," by Shira Schoenberg (CommonWealth Beacon, 2022)."Growing Cannabis Indoors Produces a Lot of Greenhouse Gases — Just How Much Depends on Where It’s Grown," by Jason Quinn and Hailey Summers (The Conversation, 2021)."Blood and Urinary Metal Levels Among Exclusive Marijuana Users in NHANES (2005-2018)," by Katlyn E. McGraw, Anne E, Nigra, Tiffany R. Sanchez, et al. (Environmental Health Perspectives, 2018)."The Carbon Footprint of Indoor Cannabis Production," by Evan Mills (Energy Policy, 2012). EXTRAS:"Cannabis Is Booming, So Why Isn’t Anyone Getting Rich?" by Freakonomics Radio (2024)."Is America Switching From Booze to Weed?" by Freakonomics Radio (2024).
With abortion on the Nov. 5 ballot, we look back at Steve Levitt’s controversial research about an unintended consequence of Roe v. Wade. SOURCES:John Donohue, professor of law at Stanford Law School.Steve Levitt, professor emeritus of economics at the University of Chicago and host of People I (Mostly) Admire.Jessica Wolpaw Reyes, professor of economics at Amherst College. RESOURCES:“The Impact of Legalized Abortion on Crime Over the Last Two Decades,” by John J. Donohue and Steven D. Levitt (The National Bureau of Economic Research, 2019).“The Demise of the Death Penalty in Connecticut,” by John J. Donohue (Stanford Law School Legal Aggregate, 2016).“Environmental Policy as Social Policy? The Impact of Childhood Lead Exposure on Crime,” by Jessica Wolpaw Reyes (The B.E. Journal of Economic Analysis & Policy, 2007).“The Impact of Legalized Abortion on Crime,” by John J. Donohue and Steven D. Levitt (The Quarterly Journal of Economics, 2001).“State Abortion Rates: The Impact of Policies, Providers, Politics, Demographics, and Economic Environment,” by Rebecca M. Blank, Christine C. George, and Rebecca A. London (The National Bureau of Economic Research, 1994). EXTRAS:"John Donohue: 'I’m Frequently Called a Treasonous Enemy of the Constitution,'" by People I (Mostly) Admire (2021).
There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime, it’s not that easy being green. (Part two of a four-part series.) SOURCES:Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.Adam Goers, senior vice president of The Cannabist Company and chairperson of the Coalition for Cannabis Scheduling Reform.Precious Osagie-Erese, founder and C.E.O. of Precious Canna Co.Nikesh Patel, C.E.O. of Mammoth Distribution.Nikesh Patel, director of the San Francisco Office of Cannabis.Tom Standage, deputy editor of The Economist. RESOURCES:"Most Americans Favor Legalizing Marijuana for Medical, Recreational Use," (Pew Research Center, 2024)."Whitney Economics U.S. Legal Cannabis Forecast - 2024 - 2035," by Beau Whitney (Whitney Economics, 2024)."Beer Sellers Use a Loophole to Break Into Weed Drinks Market," by Redd Brown (Bloomberg, 2024)."Cannabis Producer Seeks Boston Beer Merger," by Lauren Thomas (The Wall Street Journal, 2024)."California's 'Apple Store of Weed' Declares Bankruptcy With $410M in Debt," by Lester Black (SFGate, 2024)."Is the State Democratic Chair Influencing Who Can Sell Legal Weed in this N.J. City?" by Jelani Gibson (NJ.com, 2023)."When Prohibition Works: Comparing Fireworks and Cannabis Regulations, Markets, and Harms," by Jonathan P. Caulkins and Kristina Vaia Reimer (International Journal of Drug Policy, 2023)."Did Minnesota Accidentally Legalize Weed?" by Paul Demko (Politico, 2022). EXTRAS:"Is America Switching From Booze to Weed?" by Freakonomics Radio (2024)."The Economics of Sports Gambling," by Freakonomics Radio (2019).
We have always been a nation of drinkers — but now there are more daily users of cannabis than alcohol. Considering alcohol’s harms, maybe that’s a good thing. But some people worry that the legalization of cannabis has outpaced the research. (Part one of a four-part series.) SOURCES:Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.Yasmin Hurd, director of the Addiction Institute at Mount Sinai.Michael Siegel, professor of public health and community medicine at Tufts University.Tom Standage, deputy editor of The Economist.Ryan Stoa, associate professor of law at Louisiana State University. RESOURCES:"Cannabis Tops Alcohol as Americans’ Daily Drug of Choice," by Christina Caron (The New York Times, 2024)."Deaths from Excessive Alcohol Use — United States, 2016–2021," by Marissa B. Esser, Adam Sherk, Yong Liu, and Timothy S. Naimi (Morbidity and Mortality Weekly Report, 2024)."Nixon Started the War on Drugs. Privately, He Said Pot Was ‘Not Particularly Dangerous,'" by Ernesto Londoño (The New York Times, 2024)."A Brief Global History of the War on Cannabis," by Ryan Stoa (The MIT Press Reader, 2020).Craft Weed: Family Farming and the Future of the Marijuana Industry, by Ryan Stoa (2018)."How the Sugar Industry Shifted Blame to Fat," by Anahad O’Connor (The New York Times, 2016)."The Perils of Ignoring History: Big Tobacco Played Dirty and Millions Died. How Similar Is Big Food?" by Kelly D. Brownell and Kenneth E. Warner (The Milbank Quarterly, 2009).A History Of The World In Six Glasses, by Tom Standage (2005)."Cancer and Coronary Artery Disease Among Seventh-Day Adventists," by E. L. Wynder, F. R. Lemon, and I. J. Bross (Cancer, 1959). EXTRAS:"Why Is the Opioid Epidemic Still Raging?" series by Freakonomics Radio (2024)."Daron Acemoglu on Economics, Politics, and Power," by People I (Mostly) Admire (2024)."Let’s Be Blunt: Marijuana Is a Boon for Older Workers," by Freakonomics Radio (2021)."What’s More Dangerous: Marijuana or Alcohol?" by Freakonomics Radio (2014).
Are betting markets more accurate than polls? What kind of chaos would a second Trump term bring? And is U.S. democracy really in danger, or just “sputtering on”? (Part two of a two-part series.) SOURCES:Eric Posner, professor of law at the University of Chicago Law School.Koleman Strumpf, professor of economics at Wake Forest University. RESOURCES:"A Trump Dictatorship Won’t Happen," by Eric Posner (Project Syndicate, 2023).The Demagogue's Playbook: The Battle for American Democracy from the Founders to Trump, by Eric Posner (2020)."The Long History of Political Betting Markets: An International Perspective," by Paul W. Rhode and Koleman Strumpf (The Oxford Handbook of the Economics of Gambling, 2013)."Manipulating Political Stock Markets: A Field Experiment and a Century of Observational Data," by Paul W. Rhode and Koleman S. Strumpf (Working Paper, 2007)."Historical Presidential Betting Markets," by Paul W. Rhode and Koleman S. Strumpf (Journal of Economic Perspectives, 2004). EXTRAS:"Has the U.S. Presidency Become a Dictatorship? (Update)," by Freakonomics Radio (2024).“Does the President Matter as Much as You Think?” by Freakonomics Radio (2020)."How Much Does the President Really Matter?" by Freakonomics Radio (2010).
Sure, we all pay lip service to the Madisonian system of checks and balances. But presidents have been steadily expanding the reach of the job. With an election around the corner, we updated our 2016 conversation with the legal scholar Eric Posner — who has some good news and some not-so-good news about the power of the presidency. (Part one of a two-part series.) SOURCE:Eric Posner, professor of law at the University of Chicago Law School.   RESOURCES:"Presidential Leadership and the Separation of Powers," by Eric Posner (Daedalus, 2016).The Executive Unbound: After the Madisonian Republic, by Eric Posner and Adrian Vermeule (2010). EXTRA:"Does the President Matter as Much as You Think?" by Freakonomics Radio (2020).
Sixty percent of the jobs that Americans do today didn’t exist in 1940. What happens as our labor becomes more technical and less physical? And what kinds of jobs will exist in the future?  SOURCES:David Autor, professor of economics at the Massachusetts Institute of Technology.Paula Barmaimon, manager of coverage and audience analytics at The New York Times.Ellen Griesedieck, artist and president of the American Mural Project.Adina Lichtman, co-host of the Our Friends Are Smart party.Avi Popack, co-host of the Our Friends Are Smart party.Huck Scarry, author and illustrator.James Suzman, anthropologist and author.Ben Varon, rabbi and chaplain at NYU Langone Hospital—Brooklyn . RESOURCES:"New Frontiers: The Origins and Content of New Work, 1940–2018," by David Autor, Caroline Chin, Anna Salomons, and Bryan Seegmiller (The Quarterly Journal of Economics, 2024).Work: A Deep History, from the Stone Age to the Age of Robots, by James Suzman (2020).Working: People Talk About What They Do All Day and How They Feel About What They Do, by Studs Terkel (1974).What Do People Do All Day?, by Richard Scarry (1968)."Economic Possibilities for our Grandchildren," by John Maynard Keynes (1930).American Mural Project. EXTRAS:"Will the Democrats 'Make America Great Again'?" by Freakonomics Radio (2023)."How to Stop Worrying and Love the Robot Apocalypse," by Freakonomics Radio (2021)."Did China Eat America’s Jobs?" by Freakonomics Radio (2017).People I (Mostly) Admire.
His research on police brutality and school incentives won him acclaim, but also enemies. He was suspended for two years by Harvard, during which time he took a hard look at corporate diversity programs. As a follow-up to our recent series on the Rooney Rule, we revisit our 2022 conversation with the controversial economist. SOURCE:Roland Fryer, professor of economics at Harvard University. RESOURCES:"How to Make Up the Covid Learning Loss," by Roland Fryer (Wall Street Journal, 2022)."Roland Fryer on Better Alternatives to Defunding the Police," by Roland Fryer (The Economist, 2020)."Harvard Suspends Roland Fryer, Star Economist, After Sexual Harassment Claims," by Ben Casselman and Jim Tankersley (The New York Times, 2019)."Why Diversity Programs Fail: And What Works Better," by Frank Dobbin and Alexandra Kalev (Harvard Business Review, 2016)."An Empirical Analysis of Racial Differences in Police Use of Force," by Roland G. Fryer, Jr (NBER Working Paper, 2016)."Getting Beneath the Veil of Effective Schools: Evidence from New York City," by Will Dobbie and Roland G. Fryer (American Economics Journal, 2013)."Financial Incentives and Student Achievement: Evidence From Randomized Trials," by Roland G. Fryer (The Quarterly Journal of Economics, 2011)."Toward a Unified Theory of Black America," by Stephen J. Dubner (The New York Times, 2005).Equal Opportunity Ventures.Intus Care.Reconstruction.Sigma Squared. EXTRAS:"Did the N.F.L. Solve Diversity Hiring?" series by Freakonomics Radio (2024)."The True Story of the Gender Pay Gap," by Freakonomics Radio (2016)."Does “Early Education” Come Way Too Late?" by Freakonomics Radio (2015).
What happened when the Rooney Rule made its way from pro football to corporate America? Some progress, some backsliding, and a lot of controversy. (Second in a two-part series.) SOURCES:Tynesia Boyea-Robinson, president and C.E.O. of CapEQ.N. Jeremi Duru, professor of law at American University.Herm Edwards, former N.F.L. player and head coach.Christopher Rider, professor of entrepreneurial studies at the University of Michigan.Jim Rooney, author and co-partner of Rooney Consulting.Scott Shephard, general counsel at the National Center for Public Policy Research. RESOURCES:The Social Impact Advantage: Win Customers and Talent By Harnessing Your Business For Good, by Tynesia Boyea-Robinson (2022).A Different Way to Win: Dan Rooney’s Story from the Super Bowl to the Rooney Rule, by Jim Rooney (2019)."If There’s Only One Woman in Your Candidate Pool, There’s Statistically No Chance She’ll Be Hired," by Stefanie K. Johnson, David R. Hekman and Elsa T. Chan (Harvard Business Review, 2016)."Racial Disparity in Leadership: Performance-Reward Bias in Promotions of National Football League Coaches," by Christopher I. Rider, James Wade, Anand Swaminathan, and Andreas Schwab (SSRN, 2016).Advancing the Ball: Race, Reformation, and the Quest for Equal Coaching Opportunity in the NFL, by N. Jeremi Duru (2010). EXTRAS:"Did the N.F.L. Solve Diversity Hiring? (Part 1)," by Freakonomics Radio (2024).“When Is a Superstar Just Another Employee?” by Freakonomics Radio (2023).“How Much Does Discrimination Hurt the Economy? (Replay),” by Freakonomics Radio (2023).
The biggest sports league in history had a problem: While most of its players were Black, almost none of its head coaches were. So the N.F.L. launched a hiring policy called the Rooney Rule. In the first episode of a two-part series, we look at how the rule succeeded — until it failed. SOURCES:N. Jeremi Duru, professor of law at American University.Herm Edwards, former N.F.L. player and head coach.Jim Rooney, author and co-partner of Rooney Consulting. RESOURCES:A Different Way to Win: Dan Rooney's Story from the Super Bowl to the Rooney Rule, by Jim Rooney (2019)."For ASU's Herm Edwards, Sports Bubble Helped to Overcome Racism Growing Up," by Jeff Metcalfe (The Arizona Republic, 2018).Advancing the Ball: Race, Reformation, and the Quest for Equal Coaching Opportunity in the NFL, by N. Jeremi Duru (2010)."Differences in the Success of NFL Coaches by Race, 1990-2002: Evidence of Last Hire, First Fire," by Janice Madden (Journal of Sports Economics, 2004). EXTRAS:"When Is a Superstar Just Another Employee?" by Freakonomics Radio (2023)."How Much Does Discrimination Hurt the Economy? (Replay)," by Freakonomics Radio (2023).
We revisit an episode from 2016 that asks: Has our culture’s obsession with innovation led us to neglect the fact that things also need to be taken care of?  SOURCES:Martin Casado, general partner at Andreessen Horowitz.Ruth Schwartz Cowan, professor emerita of history and sociology of science at University of Pennsylvania.Edward Glaeser, professor of economics at Harvard University.Chris Lacinak, founder and president of AVPreserve.Andrew Russell, provost of SUNY Polytechnic Institute.Lawrence Summers, professor and president emeritus of Harvard University; former Secretary of the Treasury and former director of the National Economic Council.Lee Vinsel, professor of science, technology, and society at Virginia Tech. RESOURCES:“Hail the Maintainers," by Andrew Russell and Lee Vinsel (Aeon, 2016).“A Lesson on Infrastructure From the Anderson Bridge Fiasco,” by Lawrence Summers and Rachel Lipson (The Boston Globe, 2016).Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier, by Edward Glaeser (2008).More Work for Mother: The Ironies of Household Technology from the Open Hearth to the Microwave, by Ruth Schwartz Cowan (1983). EXTRAS:"Freakonomics Radio Takes to the Skies," series by Freakonomics Radio (2023)."Edward Glaeser Explains Why Some Cities Thrive While Others Fade Away," by People I (Mostly) Admire (2021)."Why Larry Summers Is the Economist Everyone Hates to Love," by Freakonomics Radio (2017).
Young people have been reporting a sharp rise in anxiety and depression. This maps neatly onto the global rise of the smartphone. Some researchers are convinced that one is causing the other. But how strong is the evidence? SOURCES:David Blanchflower, professor of economics at Dartmouth College.Lauren Oyler, novelist and cultural critic.Andrew Przybylski, professor of human behavior and technology at the University of Oxford. RESOURCES:"The Declining Mental Health Of The Young And The Global Disappearance Of The Hump Shape In Age In Unhappiness," by David G. Blanchflower, Alex Bryson, and Xiaowei Xu (NBER Working Paper, 2024)."Further Evidence on the Global Decline in the Mental Health of the Young," by David G. Blanchflower, Alex Bryson, Anthony Lepinteur, and Alan Piper (NBER Working Paper, 2024).No Judgment: Essays, by Lauren Oyler (2024)."To What Extent are Trends in Teen Mental Health Driven by Changes in Reporting?" by Adriana Corredor-Waldron and Janet Currie (Journal of Human Resources, 2024).The Anxious Generation: How the Great Rewiring of Childhood Is Causing an Epidemic of Mental Illness, by Jonathan Haidt (2024)."Global Well-Being and Mental Health in the Internet Age," by Matti Vuorre and Andrew K. Przybylski (Clinical Psychological Science, 2023)."Are Mental Health Awareness Efforts Contributing to the Rise in Reported Mental Health Problems? A Call to Test the Prevalence Inflation Hypothesis," by Lucy Foulkes and Jack L. Andrews (New Ideas in Psychology, 2023)."The Association Between Adolescent Well-Being and Digital Technology Use," by Amy Orben and Andrew K. Przybylski (Nature Human Behaviour, 2019).iGen: Why Today's Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy — and Completely Unprepared for Adulthood — and What That Means for the Rest of Us, by Jean M. Twenge (2017). EXTRAS:"Are You Caught in a Social Media Trap?" by Freakonomics Radio (2024)."Are We Getting Lonelier?" by No Stupid Questions (2023)."Is Facebook Bad for Your Mental Health?" by Freakonomics, M.D. (2022)."Why Is U.S. Media So Negative? (Replay)," by Freakonomics Radio (2022).
Only a tiny number of “supertaskers” are capable of doing two things at once. The rest of us are just making ourselves miserable, and less productive. How can we put the — hang on a second, I've just got to get this.Come see Stephen Dubner live! “A Questionable Evening: A strategic interrogation from two people who ask questions for a living,” featuring Stephen Dubner and PJ Vogt from Search Engine.Thursday, Sept. 26th, at the Bell House in Brooklyn, NY. https://www.eventbrite.com/e/a-questionable-evening-evening-with-stephen-dubner-and-pj-vogt-tickets-1002544747327 SOURCES:Olivia Grace, senior product manager at Slack.Gloria Mark, professor of computer science at the University of California, Irvine.David Strayer, professor of cognition and neural science at the University of Utah. RESOURCES:"Immersion in Nature Enhances Neural Indices of Executive Attention," by Amy S. McDonnell and David L. Strayer (Nature: Scientific Reports, 2024)."Contribution to the Study on the ‘Right to Disconnect’ From Work. Are France and Spain Examples for Other Countries and E.U. Law?" by Loïc Lerouge and Francisco Trujillo Pons (European Labour Law Journal, 2022)."Task Errors by Emergency Physicians Are Associated With Interruptions, Multitasking, Fatigue and Working Memory Capacity: A Prospective, Direct Observation Study," by Johanna I. Westbrook, Magdalena Z. Raban, Scott R. Walter, and Heather Douglas (BMJ Quality & Safety, 2018)."Supertaskers: Profiles in Extraordinary Multitasking Ability," by Jason M. Watson and David L. Strayer (Psychonomic Bulletin & Review, 2010)."The Effects of Video Game Playing on Attention, Memory, and Executive Control," by Walter R. Boot, Arthur F. Kramer, Daniel J. Simons, Monica Fabiani, and Gabriele Gratton (Acta Psychologica, 2008)."'Constant, Constant, Multi-Tasking Craziness': Managing Multiple Working Spheres," by Victor M. González and Gloria Mark (Proceedings of the 2004 Conference on Human Factors in Computing Systems, CHI, 2004). EXTRAS:"Why Is the U.S. So Good at Killing Pedestrians?" by Freakonomics Radio (2023)."Why Did You Marry That Person?" by Freakonomics Radio (2022)."How Much Should We Be Able to Customize Our World?" by No Stupid Questions (2021).
Educators and economists tell us all the reasons college enrollment has been dropping, especially for men, and how to stop the bleeding. (Part 3 of our series from 2022, “Freakonomics Radio Goes Back to School.”) SOURCES:Zachary Bleemer, assistant professor of economics at Princeton University and faculty research fellow at the National Bureau of Economic Research.D'Wayne Edwards, founder and President of Pensole Lewis College.Catharine Hill, former president of Vassar College; trustee at Yale University; and managing director at Ithaka S+R.Pano Kanelos, founding president of the University of Austin.Amalia Miller, professor of economics at the University of Virginia.Donald Ruff, president and C.E.O. of the Eagle Academy Foundation.Morton Schapiro, professor of economics and former president of Northwestern University.Ruth Simmons, former president of Smith College, Brown University, and Prairie View A&M University.Miguel Urquiola, professor of economics at Columbia University. RESOURCES:"What Gay Men’s Stunning Success Might Teach Us About the Academic Gender Gap," by Joel Mittleman (The Washington Post, 2022)."We Can't Wait for Universities to Fix Themselves. So We're Starting a New One," by Pano Kanelos (Common Sense, 2021)."Academic Freedom in Crisis: Punishment, Political Discrimination, and Self-Censorship," by Eric Kaufmann (Center for the Study of Partisanship and Ideology, 2021).“A Generation of American Men Give Up on College: ‘I Just Feel Lost’,” by Douglas Belkin (The Wall Street Journal, 2021)."Community Colleges and Upward Mobility," by Jack Mountjoy (NBER Working Paper, 2021)."Elite Schools and Opting In: Effects of College Selectivity on Career and Family Outcomes," by Suqin Ge, Elliott Isaac, and Amalia Miller (NBER Working Paper, 2019)."Leaving Boys Behind: Gender Disparities in High Academic Achievement," by Nicole M. Fortin, Philip Oreopoulos, and Shelley Phipps (NBER Working Paper, 2013). EXTRAS:"Freakonomics Radio Goes Back to School," series by Freakonomics Radio (2024).“'If We’re All in It for Ourselves, Who Are We?'” by Freakonomics Radio (2024).
Stephen Dubner appears as a guest on Fail Better, a new podcast hosted by David Duchovny. The two of them trade stories about failure, and ponder the lessons that success could never teach. SOURCES:David Duchovny, actor, director, writer, and musician. RESOURCES:"Martin Seligman and the Rise of Positive Psychology," by Peter Gibbon (Humanities, 2020)."Rick Reilly: ‘Donald Trump Will Cheat You on the Golf Course and Then Buy You Lunch,'" by Donald McRae (The Guardian, 2019)."How The X-Files Invented Modern Television," by Emily St. James (Vox, 2018)."Happiness & the Gorilla," by Scott Galloway (No Mercy/No Malice, 2018). EXTRAS:Fail Better with David Duchovny, podcast by Lemonada Media (2024)."How to Succeed at Failing," series by Freakonomics Radio (2023)."Annie Duke Thinks You Should Quit," by People I (Mostly) Admire (2022)."The Upside of Quitting," by Freakonomics Radio (2011).
America’s top colleges are facing record demand. So why don’t they increase supply? (Part 2 of our series from 2022, “Freakonomics Radio Goes Back to School.”) SOURCES:Peter Blair, professor of education at Harvard University and faculty research fellow at the National Bureau of Economic Research.Zachary Bleemer, assistant professor of economics at Princeton University and faculty research fellow at the National Bureau of Economic Research.Amalia Miller, professor of economics at the University of Virginia.Morton Schapiro, professor of economics and former president of Northwestern University.Miguel Urquiola, professor of economics at Columbia University. RESOURCES:“Elite Schools and Opting In: Effects of College Selectivity on Career and Family Outcomes,” by Suqin Ge, Elliott Isaac, and Amalia Miller (Journal of Labor Economics, 2022).“Why Don’t Elite Colleges Expand Supply?” by Peter Q. Blair & Kent Smetters (NBER Working Paper, 2021).“Lori Loughlin Pleads Guilty via Zoom in College Admissions Case,” by Kate Taylor (The New York Times, 2020).Markets, Minds, and Money: Why America Leads the World in University Research, by Miguel Urquiola (2020).“To Cheat and Lie in L.A.: How the College-Admissions Scandal Ensnared the Richest Families in Southern California,” by Evgenia Peretz (Vanity Fair, 2019).The Case Against Education: Why the Education System Is a Waste of Time and Money, by Bryan Caplan (2018).“The World Might Be Better Off Without College for Everyone,” by Bryan Caplan (The Atlantic, 2018).“Are Tenure Track Professors Better Teachers?” by David N. Figlio, Morton O. Schapiro, and Kevin B. Soter (NBER Working Paper, 2013).“Estimating the Payoff to Attending a More Selective College: An Application of Selection on Observables and Unobservables,” by Stacy Berg Dale and Alan Krueger (NBER Working Paper, 1999)."Report on the University’s Role in Political and Social Action," by the Kalven Committee (1967). EXTRAS:"What Exactly Is College For? (Update)," by Freakonomics Radio (2024).
We think of them as intellectual enclaves and the surest route to a better life. But U.S. colleges also operate like firms, trying to differentiate their products to win market share and prestige points. In the first episode of a special series originally published in 2022, we ask what our chaotic system gets right — and wrong. (Part 1 of “Freakonomics Radio Goes Back to School.”) SOURCES:Peter Blair, faculty research Fellow of the National Bureau of Economic Research and professor of education at Harvard University.Catharine Hill, former president of Vassar College; trustee at Yale University; and managing director at Ithaka S+R.Morton Schapiro, professor of economics and former president of Northwestern University.Ruth Simmons, former president of Smith College, Brown University, and Prairie View A&M University.Miguel Urquiola, professor of economics at Columbia University. RESOURCES:"Progressivity of Pricing at U.S. Public Universities," by Emily E. Cook and Sarah Turner (NBER Working Paper, 2022)."Community Colleges and Upward Mobility," by Jack Mountjoy (NBER Working Paper, 2021)."How HBCUs Can Accelerate Black Economic Mobility," (McKinsey & Company, 2021).Markets, Minds, and Money: Why America Leads the World in University Research, by Miguel Urquiola (2021)."Mobility Report Cards: The Role of Colleges in Intergenerational Mobility," by Raj Chetty, John N. Friedman, Emmanuel Saez, Nicholas Turner, and Danny Yagan (NBER Working Paper, 2017). EXTRAS:"'If We’re All in It for Ourselves, Who Are We?'" by Freakonomics Radio (2024)."'A Low Moment in Higher Education,'" by Freakonomics Radio (2024)."The $1.5 Trillion Question: How to Fix Student-Loan Debt?" by Freakonomics Radio (2019)."Why Larry Summers Is the Economist Everyone Hates to Love," by Freakonomics Radio (2017).
There are a lot of factors that go into greatness, many of which are not obvious. As the Olympics come to a close, we revisit a 2018 episode in which top athletes from a variety of sports tell us how they made it, and what they sacrificed. SOURCES:Lance Armstrong, former professional cyclist.David Canton, director of African American studies and professor of history at the University of Florida.David Epstein, science journalist and author.Domonique Foxworth, former professional football player.Justin Humphries, former professional baseball player.Andre Ingram, professional basketball player.Shawn Johnson, former professional gymnast and Olympian.Steve Levitt, professor of economics at the University of Chicago.Simone Manuel, professional swimmer and Olympian.Brandon McCarthy, former professional baseball player.Mike McGlinchey, offensive tackle for the Denver Broncos.Daryl Morey, president of basketball operations of the Philadelphia 76ers.Lauren Murphy, professional mixed martial artist.Kim Ng, advisor with Athletes Unlimited Pro Softball, former general manager of the Miami Marlins.JJ Redick, head coach for the Los Angeles Lakers.Mikaela Shiffrin, professional alpine ski racer and Olympian.Mark Teixeira, former professional baseball player.Sudhir Venkatesh, professor of sociology at Columbia University.Kerri Walsh-Jennings, professional beach volleyball player and Olympian. RESOURCES:"Compromising Talent: Issues in Identifying and Selecting Talent in Sport," by Joseph Baker, Jörg Schorer, and Nick Wattie (Quest, 2017)."Practice and Play in the Development of German Top-Level Professional Football Players," by Manuel Hornig, Friedhelm Aust, and Arne Güllich (European Journal of Sport Science, 2016).The Sports Gene, by David Epstein (2013)."The Effect of Deliberate Play on Tactical Performance in Basketball," by Pablo Greco, Daniel Memmert, and Juan Carlos Pérez Morales (Perceptual and Motor Skills, 2010). EXTRAS:"The Hidden Side of Sports," series by Freakonomics Radio (2018).“How to Become Great at Just About Anything” Freakonomics Radio (2016).
Tania Tetlow, a former federal prosecutor and now the president of Fordham University, thinks the modern campus could use a dose of old-fashioned values. SOURCE:Tania Tetlow, president of Fordham University. RESOURCES:"Not a Priest, Not a Man, but Ready to Run Fordham," by David Waldstein (The New York Times, 2024)."Tech Glitch Upends Financial Aid for About a Million Students," by Oyin Adedoyin and Melissa Korn (The Wall Street Journal, 2024)."Where Protesters on U.S. Campuses Have Been Arrested or Detained," by The New York Times (The New York Times, 2024)."15 Arrested as NYPD Clears Protester Encampment at Fordham's Lincoln Center Campus," (NBC News, 2024)."Inside the Week That Shook Columbia University," by Nicholas Fandos and Sharon Otterman (The New York Times, 2024)."Address of his Holiness Pope Francis to the Members of the Blanquerna — Universitat Ramón Llull Foundation, Barcelona," by Pope Francis (The Holy See Press Office Bulletin, 2024)."Why Don’t Elite Colleges Expand Supply?" by Peter Q. Blair and Kent Smetters (NBER Working Paper, 2021). EXTRAS:"Freakonomics Radio Goes Back to School," series by Freakonomics Radio (2022).
It’s not oil or water or plutonium — it’s human hours. We've got an idea for putting them to use, and for building a more human-centered economy. But we need your help. SOURCES:Nathan Dietz, research director at the Do Good Institute at the University of Maryland.Al Roth, professor of economics at Stanford University.Krista Wyatt, C.E.O. of Timebanks.org.Andrew Yang, co-chair of the Forward Party and former U.S. presidential candidate. RESOURCES:"The Employment Effects of a Guaranteed Income: Experimental Evidence from Two U.S. States," by Eva Vivalt, Elizabeth Rhodes, Alexander W. Bartik, David E. Broockman, and Sarah Miller (NBER Working Paper, 2024)."Where Are America's Volunteers," by Nathan Dietz and Robert T. Grimm Jr. (Do Good Institute, 2018)."Believe in People," talk by Edgar Cahn at TEDxAshokaU (2010).The Pencil, by Allan Ahlberg (2008).No More Throw-Away People: The Co-Production Imperative, by Edgar S. Cahn (2000).Time Dollars: The New Currency That Enables Americans to Turn Their Hidden Resource-Time-Into Personal Security and Community Renewal, by Edgar S. Cahn and Jonathan Rowe (1992). EXTRAS:"Why Don’t We Have Better Candidates for President?" by Freakonomics Radio (2024).“Andrew Yang Is Not Giving Up on Politics — or the U.S. — Yet,” by People I (Mostly) Admire (2021).“The Future of New York City Is in Question. Could Andrew Yang Be the Answer?” by Freakonomics Radio (2021).“Why Is This Man Running for President? (Update),” by Freakonomics Radio (2019)."Make Me a Match," by Freakonomics Radio (2015).
A new proposal from the Biden administration calls for a nationwide cap on rent increases. Economists think that’s a terrible idea. We revisit a 2019 episode to hear why. SOURCES:Tommy Andersson, professor of economics at Lund University.Vicki Been, professor of law at New York University and former deputy mayor for housing and economic development in New York City.Rebecca Diamond, professor of economics at Stanford Graduate School of Business.David Eisenbach, history lecturer at the Manhattan School of Music and Columbia University.Ed Glaeser, professor of economics at Harvard University. RESOURCES:"The State of the Nation's Housing 2024," by the Joint Center for Housing Studies of Harvard University (2024).“The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco,” by Rebecca Diamond, Tim McQuade, and Franklin Qian (American Economic Review, 2019).“Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts,” by David H. Autor, Christopher J. Palmer, and Parang A. Pathak (Journal of Political Economy, 2014).“An Econometric Analysis of Rent Control,” by Edgar O. Olsen (Journal of Political Economy, 1972).Roofs or Ceilings?: The Current Housing Problem, by Milton Friedman and George J. Stigler (1946).
That’s the worry. Even the humble eyeglass industry is dominated by a single firm. We look into the global spike in myopia, how the Lemtosh got its name, and what your eye doctor knows that you don’t. (Part two of a two-part series.) SOURCES:Maria Liu, professor of clinical optometry at the University of California, Berkeley.Harvey Moscot, C.E.O. of MOSCOT Eyewear and Eyecare.Zachary Moscot, chief design officer of MOSCOT Eyewear and Eyecare.Cédric Rossi, equity research analyst at Bryan Garnier.Tim Wu, professor of law, science and technology at Columbia Law School. RESOURCES:"Meta in Talks to Buy Stake in Eyewear Giant EssilorLuxottica," by Salvador Rodriguez and Lauren Thomas (The Wall Street Journal, 2024)."The Story Behind Soaring Myopia Among Kids," by Manoush Zomorodi, Katie Monteleone, Sanaz Meshkinpour, and Rachel Faulkner White (Body Electric, 2024)."Why So Many People Need Glasses Now," by Christophe Haubursin (Vox, 2023)."Eyes on World Sight: Taking Action to Advance Eye Health in China," by EssilorLuxottica (2022)."Global Prevalence of Myopia and High Myopia and Temporal Trends from 2000 through 2050," by Brien A. Holden, Timothy R. Fricke, Serge Resnikoff, et al. (Ophthalmology, 2016)."Increased Prevalence of Myopia in the United States Between 1971-1972 and 1999-2004," by Susan Vitale, Robert D. Sperduto, and Frederick L. Ferris (Archives of Ophthalmology, 2009). EXTRAS:"The Economics of Eyeglasses," series by Freakonomics Radio (2024).
A single company, EssilorLuxottica, owns so much of the eyewear industry that it’s hard to escape their gravitational pull — or their “obscene” markups. Should regulators do something? Can Warby Parker steal market share? And how did Ray-Bans become a luxury brand? (Part one of a two-part series.) SOURCES:Neil Blumenthal, co-founder and co-CEO of Warby Parker.Dave Gilboa, co-founder and co-CEO of Warby Parker.Jessica Glasscock, fashion historian and lecturer at the Parsons School of Design.Neil Handley, curator of the British Optical Association Museum at the College of Optometrists.Ryan McDevitt, professor of economics at Duke University.Cédric Rossi, equity research analyst at Bryan Garnier.Tim Wu, professor of law, science and technology at Columbia Law School. RESOURCES:"Leonardo Del Vecchio Dies at 87; Transformed Eyeglass Industry," by Jonathan Kandell (The New York Times, 2022).Making a Spectacle: A Fashionable History of Glasses, by Jessica Glasscock (2021)."Dave Gilboa and Neil Blumenthal: ‍A Vision for Business," by Lucy Handley (CNBC, 2020)."The Roots of Big Tech Run Disturbingly Deep," by Tim Wu and Stuart A. Thompson (The New York Times, 2019)."The Spectacular Power of Big Lens," by Sam Knight (The Guardian, 2018).The Curse of Bigness: Antitrust in the New Gilded Age, by Tim Wu (2018)."Statement of the Federal Trade Commission Concerning the Proposed Acquisition of Luxottica Group S.p.A. by Essilor International (Compagnie Generale d’Optique) S.A.," FTC File No. 171-0060 (2018).Cult Eyewear: The World's Enduring Classics, by Neil Handley (2011).A Far-Sighted Man, by Luca Goldoni (1991). EXTRAS:"Direct-to-Consumer Mattresses," by The Economics of Everyday Things (2024)."Are Two C.E.O.s Better Than One?" by Freakonomics Radio (2023).“Are We in a Mattress-Store Bubble?” by Freakonomics Radio (2016).
You wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. In an interview from 2018, the founder of behavioral economics describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time. SOURCES:Richard Thaler, professor of behavioral science and economics at the University of Chicago. RESOURCES:“Behavioral Economics,” by Richard Thaler (The Past, Present, and Future of Economics: A Celebration of the 125-Year Anniversary of the JPE and of Chicago Economics, December 2017).Misbehaving: The Making of Behavioral Economics, by Richard Thaler (2015).Nudge: Improving Decisions About Health, Wealth, and Happiness, by Richard Thaler and Cass Sunstein (2008). EXTRAS:"Farewell to a Generational Talent," by Freakonomics Radio (2024)."Why Is Richard Thaler Such a ****ing Optimist?" by People I (Mostly) Admire (2021)."All You Need Is Nudge," by Freakonomics Radio (2021)."How to Launch a Behavior-Change Revolution," by Freakonomics Radio (2017).“How To Win A Nobel Prize," by Freakonomics Radio (2015).The Big Short, film by Adam McKay (2015).
Daniel Kahneman left his mark on academia (and the real world) in countless ways. A group of his friends and colleagues recently gathered in Chicago to reflect on this legacy — and we were there, with microphones. SOURCES:Maya Bar-Hillel, professor emeritus of psychology at the Hebrew University of Jerusalem.Shane Frederick, professor of marketing at the Yale School of Management.Thomas Gilovich, professor of psychology at Cornell University.Matt Killingsworth, senior fellow at the Wharton School of the University of Pennsylvania.Barbara Mellers, professor of psychology at the University of Pennsylvania.Eldar Shafir, director of the Kahneman-Treisman Center for Behavioral Science & Public Policy at Princeton University.Richard Thaler, professor of behavioral science and economics at the University of Chicago. RESOURCES:"Experienced Well-Being Rises With Income, Even Above $75,000 Per Year," by Matthew A. Killingsworth (PNAS, 2021)."The False Allure of Fast Lures," by Yigal Attali and Maya Bar-Hillel (Judgment and Decision Making, 2020)."Learning Psychology From Riddles: The Case of Stumpers," by Maya Bar-Hillel and Tom Noah (Judgment and Decision Making, 2018).Thinking, Fast and Slow, by Daniel Kahneman (2011)."High Income Improves Evaluation of Life but Not Emotional Well-Being," by Daniel Kahneman and Angus Deaton (PNAS, 2010)."Varieties of Regret: A Debate and Partial Resolution," by Thomas Gilovich, Victoria Husted Medvec, and Daniel Kahneman (Psychological Review, 1998)."Some Counterfactual Determinants of Satisfaction and Regret," by Thomas Gilovich and Victoria Husted Medvec (What Might Have Been: The Social Psychology of Counterfactual Thinking, 1995). EXTRAS:"Remembering Daniel Kahneman," by People I (Mostly) Admire (2024)."Academic Fraud," series by Freakonomics Radio (2021)."Here’s Why All Your Projects Are Always Late — and What to Do About It," by Freakonomics Radio (2018)."The Men Who Started a Thinking Revolution," by Freakonomics Radio (2017).
American politics is trapped in a duopoly, with two all-powerful parties colluding to stifle competition. We revisit a 2018 episode to explain how the political industry works, and talk to a reformer (and former presidential candidate) who is pushing for change. SOURCES:Katherine Gehl, former president and C.E.O. of Gehl Foods.Michael Porter, professor at Harvard Business School.Andrew Yang, co-chair of the Forward Party and former U.S. presidential candidate. RESOURCES:"Why U.S. Politics Is Broken — and How to Fix It," by Andrew Yang (TED, 2024).The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy, by Michael Porter and Katherine Gehl (2020).“Why Competition in the Politics Industry is Failing America,” Katherine Gehl and Michael Porter (Harvard Business School, 2017).“Stronger Parties, Stronger Democracy: Rethinking Reform,” by Ian Vandewalker and  Daniel I. Weiner (Brennan Center for Justice, 2015).On Competition, by Michael Porter (2008).Competitive Strategy: Techniques for Analyzing Industries and Competitors, by Michael Porter (1980). EXTRAS:"Andrew Yang Is Not Giving Up on Politics — or the U.S. — Yet," by People I (Mostly) Admire (2021)."The Future of New York City Is in Question. Could Andrew Yang Be the Answer?" by Freakonomics Radio (2021)."Why Is This Man Running for President? (Update)," by Freakonomics Radio (2019).“Ten Ideas to Make Politics Less Rotten,” Freakonomics Radio (2016).
It’s hard to know whether the benefits of hiring a celebrity are worth the risk. We dig into one gruesome story of an endorsement gone wrong, and find a surprising result. SOURCES:John Cawley, professor of economics at Cornell University.Elizabeth (Zab) Johnson, executive director and senior fellow with the Wharton Neuroscience Initiative at the University of Pennsylvania.Alvin Roth, professor of economics at Stanford University. RESOURCES:"Kanye and Adidas: Money, Misconduct and the Price of Appeasement," by Megan Twohey (The New York Times, 2023)."The Role of Repugnance in Markets: How the Jared Fogle Scandal Affected Patronage of Subway," by John Cawley, Julia Eddelbuettel, Scott Cunningham, Matthew D. Eisenberg, Alan D. Mathios, and Rosemary J. Avery (NBER Working Paper, 2023)."How Celebrity Status and Gaze Direction in Ads Drive Visual Attention to Shape Consumer Decisions," by Simone D'Ambrogio, Noah Werksman, Michael L. Platt, and Elizabeth Johnson (Psychology & Marketing, 2022)."Consumer Responses to Firms’ Voluntary Disclosure of Information: Evidence from Calorie Labeling by Starbucks," by Rosemary Avery, John Cawley, Julia Eddelbuettel, Matthew D. Eisenberg, Charlie Mann, and Alan D. Mathios (NBER Working Paper, 2021)."Consumer Heterogeneity and Paid Search Effectiveness: A Large Scale Field Experiment," by Thomas Blake, Chris Nosko, and Steven Tadelis (NBER Working Paper, 2014)."The Economics of Obesity," by John Cawley (The Reporter, 2013)."Repugnance as a Constraint on Markets," by Alvin Roth (Journal of Economic Perspectives, 2007). EXTRAS:"Does Advertising Actually Work? (Part 2: Digital)," by Freakonomics Radio (2020)."Does Advertising Actually Work? (Part 1: TV)," by Freakonomics Radio (2020).
Broadway operates on a winner-take-most business model. A runaway hit like Stereophonic — which just won five Tony Awards — will create a few big winners. But even the stars of the show will have to go elsewhere to make real money. (Part two of a two-part series.) SOURCES:David Adjmi, author and playwright.Sonia Friedman, theater producer and founder of Sonia Friedman Productions.John Johnson, theater producer and co-founder of Wagner Johnson Productions.Tom Pecinka, actor.Sarah Pidgeon, actor. RESOURCES:"Tony Award Winners 2024: The Full List," by Rachel Sherman (The New York Times, 2024)."Everything to Know About the Stranger Things: The First Shadow Play in London," by Tara Bitran (Tudum, 2024).Stereophonic, by David Adjmi, Will Butler, and Daniel Aukin (2023). EXTRAS:"How to Make the Coolest Show on Broadway," by Freakonomics Radio (2024).
The Berlin dance mecca Berghain is known for its eight-hour line and inscrutable door policy. PJ Vogt, host of the podcast Search Engine, joins us to crack the code. It has to do with Cold War rivalries, German tax law, and one very talented bouncer. SOURCES:Lutz Leichsenring, executive board member of Clubcommission Berlin and co-founder of VibeLab.PJ Vogt, reporter, writer, and host of the podcast Search Engine. RESOURCES:"Berghain: 36 Hours Inside the World's Most Exclusive Nightclub," by Linux (Paper Magazine, 2022).Berlin Bouncer, documentary by David Dietl (2019)."High Culture Club: Berghain Secures Same Tax Status as Berlin Concert Venues," by Philip Oltermann (The Guardian, 2016)."One Eye on the Door, the Other on His Photography," by Nicholas Kulish (The New York Times, 2011).Lost and Sound: Berlin, Techno and the Easyjet Set, by Tobias Rapp (2009). EXTRA:Search Engine, podcast by PJ Vogt.
Hit by Covid, runaway costs, and a zillion streams of competition, serious theater is in serious trouble. A new hit play called Stereophonic — the most Tony-nominated play in history — has something to say about that. We speak with the people who make it happen every night. (Part one of a two-part series.) SOURCES:David Adjmi, author and playwright.Sonia Friedman, theater producer and founder of Sonia Friedman Productions.John Johnson, theater producer and co-founder of Wagner Johnson Productions.Tom Pecinka, actor.Sarah Pidgeon, actor. RESOURCES:Stereophonic, by David Adjmi, Will Butler, and Daniel Aukin (2023).Lot Six: A Memoir, by David Adjmi (2020)."On the Performing Arts: The Anatomy of Their Economic Problems," by W. J. Baumol and W. G. Bowen (The American Economic Review, 1965).
Every December, a British man named Tom Whitwell publishes a list of 52 things he’s learned that year. These fascinating facts reveal the spectrum of human behavior, from fraud and hypocrisy to Whitwell’s steadfast belief in progress. Should we also believe? SOURCES:Tom Whitwell, managing consultant at Magnetic. RESOURCES:"Supercentenarian and Remarkable Age Records Exhibit Patterns Indicative of Clerical Errors and Pension Fraud," by Saul Justin Newman (Working Paper, 2024)."52 things I learned in 2023," by Tom Whitwell (Magnetic Notes, 2023)."Job Satisfaction 2023," by The Conference Board (2023)."What Fax Machines and Floppy Disks Reveal About Britain’s Productivity Problem," (The Economist, 2017).Fighting Traffic: The Dawn of the Motor Age in the American City, by Peter D. Norton (2008)."Beyond Propaganda," by John Kenney (The New York Times, 2006).
An update of our 2020 series, in which we spoke with physicians, researchers, and addicts about the root causes of the crisis — and the tension between abstinence and harm reduction. SOURCES:Gail D’Onofrio, professor and chair of emergency medicine at the Yale School of Medicine and chief of emergency services at Yale-New Haven Health.Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.Nicole O’Donnell, certified recovery specialist at the University of Pennsylvania's Center for Addiction Medicine and Policy.Jeanmarie Perrone, professor of emergency medicine at the University of Pennsylvania.Eileen Richardson, restaurant manager. RESOURCES:“Toward Healthy Drug Policy in the United States — The Case of Safehouse,” by Evan D. Anderson, Leo Beletsky, Scott Burris, and Corey S. Davis (The New England Journal of Medicine, 2020).“Buprenorphine Deregulation and Mainstreaming Treatment for Opioid Use Disorder,” by Leo Beletsky, Kevin Fiscella, and Sarah E. Wakeman (JAMA Psychiatry, 2018).“Emergency Department–Initiated Buprenorphine/Naloxone Treatment for Opioid Dependence,” by Gail D’Onofrio, Patrick G. O’Connor, Michael V. Pantalon, Marek C. Chawarski, Susan H. Busch, Patricia H. Owens, Steven L. Bernstein, and David A. Fiellin (JAMA, 2015).“Buprenorphine-Naloxone Therapy In Pain Management,” by Lucy Chen, Kelly Yan Chen, and Jianren Mao (National Institutes of Health, 2014).“Prevalence and Correlates of Street-Obtained Buprenorphine Use Among Current and Former Injectors In Baltimore, Maryland,” by Jacquie Astemborski, Becky L. Genberg, Mirinda Gillespie, Chris-Ellyn Johanson, Gregory D. Kirk, Shruti H. Mehta, Charles R. Schuster, and David Vlahov (U.S. National Library of Medicine National Institutes of Health, 2014).“The Promotion and Marketing of OxyContin: Commercial Triumph, Public Health Tragedy,” by Art Van Zee (U.S. National Library of Medicine National Institutes of Health, 2009). EXTRAS:"Why Is the Opioid Epidemic Still Raging?" series by Freakonomics Radio (2024)."The Opioid Tragedy, Part 1: 'We’ve Addicted an Entire Generation,'" by Freakonomics Radio (2020).“The Truth About the Vaping Crisis,” by Freakonomics Radio (2019).
Thanks to legal settlements with drug makers and distributors, states have plenty of money to boost prevention and treatment. Will it work? (Part two of a two-part series.) SOURCES:Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.Christine Minhee, founder of OpioidSettlementTracker.com. RESOURCES:"Court Conflicted Over Purdue Pharma Bankruptcy Plan That Shields Sacklers From Liability," by Amy Howe (SCOTUSblog, 2023).NationalOpioidSettlement.com.OpioidSettlementTracker.com.The Helios Alliance. EXTRAS:"The Opioid Tragedy, Part 2: 'It’s Not a Death Sentence,'" by Freakonomics Radio (2020).
Most epidemics flare up, do their damage, and fade away. This one has been raging for almost 30 years. To find out why, it’s time to ask some uncomfortable questions. (Part one of a two-part series.) SOURCES:David Cutler, professor of economics at Harvard University.Travis Donahoe, professor of health policy and management at the University of Pittsburgh.Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council. RESOURCES:"Thick Market Externalities and the Persistence of the Opioid Epidemic," by David Cutler and J. Travis Donahoe (NBER Working Paper, 2024)."Responding to the Opioid Crisis in North America and Beyond: Recommendations of the Stanford-Lancet Commission," by Keith Humphreys, Chelsea L. Shover, Christine Timko, et al. (The Lancet, 2022)."When Innovation Goes Wrong: Technological Regress and the Opioid Epidemic," by David Cutler and Edward Glaeser (Journal of Economic Perspectives, 2021). EXTRAS:"Nuclear Power Isn’t Perfect. Is It Good Enough?" by Freakonomics Radio (2022)."The Opioid Tragedy, Part 2: 'It’s Not a Death Sentence,'" by Freakonomics Radio (2020)."The Opioid Tragedy, Part 1: 'We’ve Addicted an Entire Generation,'" by Freakonomics Radio (2020).
Presenting two stories from The Economics of Everyday Things: Why does it seem like every car is black, white, or gray these days? And: How self-storage took over America. SOURCES:Tom Crockett, classic car enthusiast.Zachary Dickens, executive vice president and chief investment officer of Extra Space Storage.Mark Gutjahr, global head of design at BASF.Kara Kolodziej, self-storage unit tenant.Anne Mari DeCoster, self-storage consultant.Nikkie Riedel, carline planning manager at Subaru of America. RESOURCES:“A Fifth Of Americans Rent Self Storage, With Millennials Overtaking Gen Xers In Generational Storage Wars,” by Francis Chantree (Storage Cafe, 2024).“Lessors of Mini Warehouses and Self-Storage Units Show Significant Financial Gains During COVID-19 Pandemic,” by Ben Chandler and Robin Enlow (United States Census Bureau, 2024).BASF Color Report 2023 for Automotive OEM Coatings, (2023).“The Fate of Oversupplied Self-Storage Markets and How to Pull Back From the Brink,” by Frank DeSalvo and David Perlleshi (Inside Self Storage, 2023).“A Pandemic Space Race: Self-Storage Roars Back,” by Ellen Rosen (The New York Times, 2021).“Beige on an S.U.V. Will Cost You, but for Pickups It’s Golden,” by Roy Furchgott (The New York Times, 2021).“A Brief History Of Car Colors — And Why Are We So Boring Now?” (Consumer Reports, 2018).“The Link Between the Colour of Cars and the Economy,” (The Economist, 2018).“Need to Store That? Booming Self-Storage Industry Says No Problem,” by Liam Pleven (The Wall Street Journal, 2015). EXTRAS:“Car Washes,” by The Economics of Everyday Things (2023).Storage Wars, TV series (2010-present).Auction Hunters, TV series (2010-2015).
The economist and social critic Glenn Loury has led a remarkably turbulent life, both professionally and personally. In a new memoir, he has chosen to reveal just about everything. Why? SOURCE:Glenn Loury, professor of economics at Brown University and host of The Glenn Show. RESOURCES:Late Admissions: Confessions of a Black Conservative, by Glenn Loury (2024)."Amy Wax – The DEI Witch Hunt at Penn Law," by Glenn Loury (The Glenn Show, 2024)."The Conservative Line on Race," by Glenn Loury (The Atlantic, 1997)."Will Affirmative-Action Policies Eliminate Negative Stereotypes?" by Stephen Coate and Glenn Loury (The American Economic Review, 1993). EXTRAS:"Roland Fryer Refuses to Lie to Black America," by Freakonomics Radio (2022)."How Much Does Discrimination Hurt the Economy?" by Freakonomics Radio (2021)."The Pros and Cons of Reparations," by Freakonomics Radio (2020).
The employee ownership movement is growing, and one of its biggest champions is also a private equity heavyweight. Is this meaningful change, or just window dressing? SOURCES:Marjorie Kelly, distinguished senior fellow at The Democracy Collaborative.Corey Rosen, founder and senior staff member of the National Center for Employee Ownership.Pete Stavros, co-head of Global Private Equity at KKR. RESOURCES:"Private Equity Is Starting to Share With Workers, Without Taking a Financial Hit," by Lydia DePillis (The New York Times, 2024)."Private Equity Heavyweight Pushing Employee Ownership," (60 Minutes, 2024)."Ownership Works: Scaling a Profitable Social Mission," by Ethan Rouen, Dennis Campbell, and Andrew Robinson (HBS Case Collection, 2023)."Research on Employee Ownership," by the National Center for Employee Ownership (2023).Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises, by Marjorie Kelly (2023)."Is Private Equity Joining — or Co-Opting—the Employee Ownership Movement?" by Marjorie Kelly and Karen Kahn (Fast Company, 2022)."How Well Is Employee Ownership Working?" by Corey Rosen and Michael Quarrey (Harvard Business Review, 1987). EXTRAS:"Are Private Equity Firms Plundering the U.S. Economy?" by Freakonomics Radio (2023)."Do You Know Who Owns Your Vet?" by Freakonomics Radio (2023)."Should You Trust Private Equity to Take Care of Your Dog?" by Freakonomics Radio (2023).
From politics and economics to psychology and the arts, many of the modern ideas we take for granted emerged a century ago from a single European capital. In this episode of the Freakonomics Radio Book Club, the historian Richard Cockett explores all those ideas — and how the arrival of fascism can ruin in a few years what took generations to build. SOURCE:Richard Cockett, author and senior editor at The Economist. RESOURCES:Vienna: How the City of Ideas Created the Modern World, by Richard Cockett (2023)."Birth, Death and Shopping," (The Economist, 2007).The Hidden Persuaders, by Vance Packard (1957)."An Economist's View of 'Planning,'" by Henry Hazlitt (The New York Times, 1944).The World of Yesterday: Memoires of a European, by Stefan Zweig (1942). EXTRA:"Arnold Schwarzenegger Has Some Advice for You," by People I (Mostly) Admire (2024).
Five years ago, we published an episode about the boom in home DNA testing kits, focusing on the high-flying firm 23andMe and its C.E.O. Anne Wojcicki. Their flight has been extremely bumpy since then. This update includes an additional interview with the Wall Street Journal reporter who has been investigating the firm’s collapse. SOURCES:Rolfe Winkler, reporter at The Wall Street Journal.Anne Wojcicki, co-founder and C.E.O. of 23andMe. RESOURCES:"23andMe’s Fall From $6 Billion to Nearly $0," by Rolfe Winkler (The Wall Street Journal, 2024)."23andMe User Data Stolen in Targeted Attack on Ashkenazi Jews," by Lily Hay Newman (Wired, 2023).Inheritance: A Memoir of Genealogy, Paternity, and Love, by Dani Shapiro (2019).How To Raise Successful People: Simple Lessons for Radical Results, by Esther Wojcicki (2019).“Diet and exercise changes following direct-to-consumer personal genomic testing,” by Daiva Elena Nielsen, Deanna Alexis Carere, Catharine Wang, J. Scott Roberts, and Robert C. Green (BMC Medical Genomics, 2016).“The impact of communicating genetic risks of disease on risk-reducing health behaviour: systematic review with meta-analysis,” Gareth J Hollands, David P. French, Simon J. Griffin, A. Toby Prevost, Stephen Sutton, Sarah King, Theresa M. Marteau (The British Medical Journal, 2016). EXTRAS:"Does Your DNA Determine Your Weight?" by No Stupid Questions (2023)."What’s Stopping Us From Curing Rare Diseases?" by Freakonomics, M.D. (2023)."We Can Play God Now," by People I (Mostly) Admire (2022)."Susan Wojcicki: 'Hey, Let’s Go Buy YouTube!'" by People I (Mostly) Admire (2020).
Justin Trudeau, facing record-low approval numbers, is doubling down on his progressive agenda. But he is so upbeat (and Canada-polite) that it’s easy to miss just how radical his vision is. Can he make it work? SOURCE:Justin Trudeau, Prime Minister of Canada. RESOURCES:2024 Canadian Federal Budget."Canada to Set First-Ever Cap on Temporary Residents," by Nadine Yousif (BBC News, 2023).Common Ground, by Justin Trudeau (2014). EXTRAS:"Why Is Everyone Moving to Canada?" by Freakonomics Radio (2024).
So you want to help people? That’s great — but beware the law of unintended consequences. Three stories from the modern workplace.  SOURCES:Joshua Angrist, professor of economics at the Massachusetts Institute of Technology.Zoe Cullen, professor of business administration at Harvard Business School.Marina Gertsberg, senior lecturer in finance at the University of Melbourne. RESOURCES:"Is Pay Transparency Good?" by Zoë Cullen (Journal of Economic Perspectives, 2024)."DP18969 Economics Coauthorships in the Aftermath of MeToo," by Noriko Amano-Patino, Elisa Faraglia, and Chryssi Giannitsarou (CEPR Discussion Paper, 2024)."The Underground Economy of Company Reviews," by Shikhar Sachdev (Career Fair, 2023)."Why Did Gender Wage Convergence in the United States Stall?" by Peter Q. Blair and Benjamin Posmanick (NBER Working Paper, 2023)."The Unintended Consequences of #MeToo: Evidence from Research Collaborations," by Marina Gertsberg (SSRN, 2022)."Outsourcing Tasks Online: Matching Supply and Demand on Peer-to-Peer Internet Platforms," by Zoë Cullen and Chiara Farronato (Management Science, 2021)."Equilibrium Effects of Pay Transparency," by Zoe B. Cullen and Bobak Pakzad-Hurson (NBER Working Paper, 2021)."How Much Does Your Boss Make? The Effects of Salary Comparisons," by Zoë Cullen and Ricardo Perez-Truglia (NBER Working Paper, 2018)."Wall Street Rule for the #MeToo Era: Avoid Women at All Cost," by Gillian Tan and Katia Porzecanski (Bloomberg, 2018)."A Comprehensive Analysis of the Effects of US Disability Discrimination Laws on the Employment of the Disabled Population," by Patrick Button, Philip Armour, and Simon Hollands (NBER Working Paper, 2016)."Consequences of Employment Protection? The Case of the Americans with Disabilities Act," by Daron Acemoglu and Joshua Angrist (Journal of Political Economy, 2001).
The psychologist Daniel Kahneman — a Nobel laureate and the author of Thinking, Fast and Slow — recently died at age 90. Along with his collaborator Amos Tversky, he changed how we all think about decision-making. The journalist Michael Lewis told the Kahneman-Tversky story in a 2016 book called The Undoing Project. In this episode, Lewis explains why they had such a profound influence. SOURCE:Michael Lewis, writer. RESOURCES:The Undoing Project, by Michael Lewis (2016).Thinking, Fast and Slow, by Daniel Kahneman (2011).The Big Short: Inside the Doomsday Machine, by Michael Lewis (2010).Nudge: Improving Decisions About Health, Wealth, and Happiness, by Richard Thaler and Cass Sunstein (2009).Moneyball: The Art of Winning an Unfair Game, by Michael Lewis (2004).“Who’s On First,” by Richard Thaler and Cass Sunstein (New Republic, 2003).“The Framing of Decisions and the Psychology of Choice,” by Daniel Kahneman and Amos Tversky (Science, 1981).“Prospect Theory: An Analysis of Decision Under Risk,” by Daniel Kahneman and Amos Tversky (Econometrica, 1979).“Judgment under Uncertainty: Heuristics and Biases,” by Daniel Kahneman and Amos Tversky (Science, 1974).“Subjective Probability: A Judgment of Representativeness,” by Daniel Kahneman and Amos Tversky (Cognitive Psychology, 1972). EXTRAS:"Remembering Daniel Kahneman," by People I (Mostly) Admire (2024)."Why Are People So Mad at Michael Lewis?" by Freakonomics Radio (2023)."Did Michael Lewis Just Get Lucky with 'Moneyball'?" by Freakonomics Radio (2022).
People who are good at their jobs routinely get promoted into bigger jobs they’re bad at. We explain why firms keep producing incompetent managers — and why that’s unlikely to change. SOURCES:Nick Bloom, professor of economics at Stanford University.Katie Johnson, freelance data and analytics coach.Kelly Shue, professor of finance at the Yale University School of Management.Steve Tadelis, professor of economics at the University of California, Berkeley Haas School of Business. RESOURCES:“People Management Skills, Employee Attrition, and Manager Rewards: An Empirical Analysis,” by Mitchell Hoffman and Steven Tadelis (Journal of Political Economy, 2021).“Promotions and the Peter Principle,” by Alan Benson, Danielle Li, and Kelly Shue (The Quarterly Journal of Economics, 2019).“Bosses Matter: The Effects of Managers on Workers’ Performance,” by Kathryn L. Shaw (IZA World of Labor, 2019).“The Value of Bosses,” by Edward P. Lazear, Kathryn L. Shaw, and Christopher T. Stanton (Journal of Labor Economics, 2015).The Peter Principle: Why Things Always Go Wrong, by Laurence J. Peter and Raymond Hull (1969). EXTRAS:“The Secret Life of C.E.O.s” series by Freakonomics Radio.“What Does a C.E.O. Actually Do?” by Freakonomics Radio (2018).
Fareed Zakaria says yes. But it’s not just political revolution — it’s economic, technological, even emotional. He doesn’t offer easy solutions but he does offer some hope. SOURCES:Fareed Zakaria, journalist and author. RESOURCES:Age of Revolutions: Progress and Backlash from 1600 to the Present, by Fareed Zakaria (2024)."The Ultimate Election Year: All the Elections Around the World in 2024," by Koh Ewe (TIME, 2023)."The Tea Party and the Remaking of Republican Conservatism," by Vanessa Williamson, Theda Skocpol, and John Coggin (Perspectives on Politics, 2011).The Post-American World, by Fareed Zakaria (2008).The Future of Freedom: Illiberal Democracy at Home and Abroad, by Fareed Zakaria (2003). EXTRAS:"Is the U.S. Really Less Corrupt Than China?" by Freakonomics Radio (2021).
The political debates over immigration can generate a lot of fuzzy facts. We wanted to test Americans’ knowledge — so, to wrap up our special series on immigration, we called some Freakonomics Radio listeners and quizzed them. SOURCES:Zeke Hernandez, professor at the Wharton School at the University of Pennsylvania. RESOURCES:The Truth About Immigration: Why Successful Societies Welcome Newcomers, by Zeke Hernandez (2024, available for pre-order). EXTRA:“The True Story of America’s Supremely Messed-Up Immigration System,” series by Freakonomics Radio (2024).
As the U.S. tries to fix its messy immigration system, our neighbor to the north is scooping up more talented newcomers every year. Are the Canadians stealing America’s bacon? (Part three of a three-part series.) SOURCES:Zeke Hernandez, professor at the Wharton School at the University of Pennsylvania.William Kerr, professor of business administration at Harvard Business School.David Leonhardt, senior writer at the New York Times.Sindhu Mahadevan, creator of This Immigrant Life newsletter.Marc Miller, Member of Parliament and Minister of Immigration, Refugees, and Citizenship of Canada.Mike Savage, Mayor of Halifax, Nova Scotia. RESOURCES:The Truth About Immigration: Why Successful Societies Welcome Newcomers, by Zeke Hernandez (2024, available for pre-order)."The Border Where Different Rules Apply," by Seth Freed Wessler (The New York Times Magazine, 2023)."Last Year, Canada Became My Home. Feeling Like a Canadian Will Take a Bit Longer," by Sindhu Mahadevan (CBC News, 2023)."Canadians Are Starting to Sour on Migration," (The Economist, 2023).The Gift of Global Talent: How Migration Shapes Business, Economy & Society, by William Kerr (2018). EXTRAS:“The True Story of America’s Supremely Messed-Up Immigration System,” series by Freakonomics Radio (2024)."Is the American Dream Really Dead?" by Freakonomics Radio (2017).
The U.S. immigration system is a massively complicated machine, with a lot of worn-out parts. How to fix it? Step one: Get hold of some actual facts and evidence. (We did this step for you.) (Part two of a three-part series.) SOURCES:Zeke Hernandez, professor at the Wharton School at the University of Pennsylvania.David Leonhardt, senior writer at the New York Times.Sindhu Mahadevan, creator of This Immigrant Life newsletter. RESOURCES:The Truth About Immigration: Why Successful Societies Welcome Newcomers, by Zeke Hernandez (2024, available for pre-order)."Illegal Immigration Is a Bigger Problem Than Ever. These Five Charts Explain Why," by Andrew Mollica, Alicia A. Caldwell, Michelle Hackman, and Santiago Pérez (The Wall Street Journal, 2023).Ours Was the Shining Future: The Story of the American Dream, by David Leonhardt (2023).The Economic and Fiscal Consequences of Immigration, by the National Academies of Sciences, Engineering, and Medicine (2017). EXTRAS:“The True Story of America’s Supremely Messed-Up Immigration System,” series by Freakonomics Radio (2024)."And the New Six-Word Motto for the U.S. Is …," by Stephen Dubner (Freakonomics blog, 2008).
She arrived in the U.S. as an 11-year-old refugee, then rose to become Secretary of State. Her views on immigration, nationalism, and borders, from this 2015 interview, are almost strangely appropriate to the present moment.  SOURCE:Madeleine Albright, U.S. Secretary of State under President Bill Clinton and former U.S. Ambassador to the United Nations. RESOURCES:"Madeleine Albright, First Woman to Serve as Secretary of State, Dies at 84," by Robert D. McFadden (The New York Times, 2022)."The Case for Getting Rid of Borders — Completely," by Alex Tabarrok (The Atlantic, 2015). EXTRAS:"The True Story of America's Supremely Messed-Up Immigration System," series by Freakonomics Radio (2024)."Is Migration a Basic Human Right?" by Freakonomics Radio (2015).
How did a nation of immigrants come to hate immigration? We start at the beginning, sort through the evidence, and explain why your grandfather was lying about Ellis Island. (Part one of a three-part series.) SOURCES:Leah Boustan, professor of economics at Princeton University.Zeke Hernandez, professor at the Wharton School at the University of Pennsylvania.Roger Nam, professor of Hebrew Bible at Emory University. RESOURCES:The Truth About Immigration: Why Successful Societies Welcome Newcomers, by Zeke Hernandez (2024, available for pre-order)."The Refugee Advantage: English-Language Attainment in the Early Twentieth Century," by Ran Abramitzky, Leah Platt Boustan, Peter Catron, Dylan Connor, and Rob Voigt (NBER Working Paper, 2023).Streets of Gold: America's Untold Story of Immigrant Success, by Leah Boustan and Ran Abramitzky (2022)."If Liberals Won't Enforce Borders, Fascists Will," by David Frum (The Atlantic, 2019). EXTRAS:"Is Migration a Basic Human Right?" by Freakonomics Radio (2015)."Who Are the Most Successful Immigrants in the World?" by Freakonomics Radio (2013).
Economists have discovered an odd phenomenon: many people who use social media (even you, maybe?) wish it didn’t exist. But that doesn’t mean they can escape. SOURCES:Leonardo Bursztyn, professor of economics at the University of Chicago.Benjamin Handel, professor of economics at the University of California, Berkeley. RESOURCES:"When Product Markets Become Collective Traps: The Case of Social Media," by Leonardo Bursztyn, Benjamin Handel, Rafael Jimenez, and Christopher Roth (NBER Working Paper, 2023)."Social Media and Xenophobia: Evidence from Russia," by Leonardo Bursztyn, Georgy Egorov, Ruben Enikolopov, and Maria Petrova (NBER Working Paper, 2019)."Status Goods: Experimental Evidence from Platinum Credit Cards," by Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, and Gautam Rao (NBER Working Paper, 2017)."'Acting Wife': Marriage Market Incentives and Labor Market Investments," by Leonardo Bursztyn, Thomas Fujiwara, and Amanda Pallais (American Economic Review, 2017)."Measuring Crack Cocaine and Its Impact," by Roland G. Fryer Jr., Paul S. Heaton, Steven D. Levitt, and Kevin M. Murphy (Economic Inquiry, 2013). EXTRAS:"Is Facebook Bad for Your Mental Health?" by Freakonomics, M.D. (2022)."Why Is U.S. Media So Negative?" by Freakonomics Radio (2021).
In ancient Rome, it was bread and circuses. Today, it’s a World Cup, an Olympics, and a new Saudi-backed golf league that’s challenging the PGA Tour. Can a sporting event really repair a country’s reputation — or will it trigger the dreaded Streisand Effect? Also: why the major U.S. sports leagues are warming up to the idea of foreign investment. SOURCES:Jodi Balsam, professor of clinical law at Brooklyn Law School.Brandel Chamblee, Golf Channel analyst.Karen Crouse, sports journalist.Bomani Jones, sports journalist.Victor Matheson, professor of economics at the College of the Holy Cross.Alan Shipnuck, sports journalist. RESOURCES:"The New N.F.L. Owners?" by Lauren Hirsch, Kevin Draper, Michael J. de la Merced and Sarah Kessler (The New York Times, 2024)."PGA Tour Raises $1.5 Billion From Group of U.S. Investors," by Lauren Hirsch (The New York Times, 2024)."PGA Tour, LIV Golf Agree to Merge," by Andrew Beaton and Louise Radnofsky (The Wall Street Journal, 2023).Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf's Most Colorful Superstar, by Alan Shipnuck (2022)."Dustin Johnson Paid £100m to Perform Late U-Turn and Join Saudi-Backed Rebel Series," by By James Corrigan and Tom Morgan (The Telegraph, 2022)."Russia Was the Hottest Place in Sports. Now It’s Frozen Out," by Joshua Robinson, Ben Cohen, and Louise Radnofsky (The Wall Street Journal, 2022)."Could This Be the Year ‘Sportwashing’ Backfires?" by Andrés Martinez (The Los Angeles Times, 2022)."The Truth About Phil and Saudi Arabia," by Alan Shipnuck (The Fire Pit Collective, 2022).The New Yale Book of Quotations, by Fred Shapiro (2021)."The Surprising Reason That There Are So Many Thai Restaurants in America," by Myles Karp (Vice, 2018). EXTRAS:"Greg Norman Takes On the P.G.A. Tour," by People I (Mostly) Admire (2023).
What surprises lurk in our sewage? How did racist city planners end up saving Black lives? Why does Arizona grow hay for cows in Saudi Arabia? Three strange stories about the most fundamental substance we all take for granted. SOURCES:Brian Beach, professor of economics at Vanderbilt University.Marc Johnson, professor of molecular microbiology and immunology at the University of Missouri School of Medicine.Amy Kirby, program lead for the National Wastewater Surveillance System at the Centers for Disease Control and Prevention.Natalie Koch, professor of geography at Syracuse University. RESOURCES:Arid Empire: The Entangled Fates of Arizona and Arabia, by Natalie Koch (2023)."How a Saudi Firm Tapped a Gusher of Water in Drought-Stricken Arizona," by Isaac Stanley-Becker, Joshua Partlow, and Yvonne Wingett Sanchez (The Washington Post, 2023)."Arizona Is in a Race to the Bottom of Its Water Wells, With Saudi Arabia’s Help," by Natalie Koch (The New York Times, 2022)."Tracing the Origin of SARS-CoV-2 Omicron-Like Spike Sequences Detected in Wastewater," by Martin Shafer, Devon Gregory, Marc Johnson, et al. (medRxiv, 2022)."Water and Waste: A History of Reluctant Policymaking in U.S. Cities," by Brian Beach (Working Paper, 2022).Water, Race, and Disease, by Werner Troesken (2004).COVID Data Tracker: Wastewater Surveillance, by the Centers for Disease Control and Prevention. EXTRAS:"What Is Sportswashing (and Does It Work)?" by Freakonomics Radio (2022)."Covid-19," series by Freakonomics Radio (2020-2021).
It used to feel like magic. Now it can feel like a set of cheap tricks. Is the problem with Google — or with us? And is Google Search finally facing a real rival, in the form of A.I.-powered “answer engines”?  SOURCES:Marissa Mayer, co-founder of Sunshine; former C.E.O. of Yahoo! and vice president at Google.Ryan McDevitt; professor of economics at Duke University.Tim Hwang, media researcher and author; former Google employee.Elizabeth Reid, vice president of Search at Google.Aravind Srinivas, C.E.O. and co-founder of Perplexity.Jeremy Stoppelman, C.E.O. and co-founder of Yelp. RESOURCES:“A Fraudster Who Just Can’t Seem to Stop … Selling Eyeglasses,” by David Segal (The New York Times, 2022).Subprime Attention Crisis: Advertising and the Time Bomb at the Heart of the Internet, by Tim Hwang (2020).“Complaint: U.S. and Plaintiff States v. Google LLC,” by the U.S. Department of Justice (2020).“Fake Online Locksmiths May Be Out to Pick Your Pocket, Too,” by David Segal (The New York Times, 2016).“‘A’ Business by Any Other Name: Firm Name Choice as a Signal of Firm Quality,” by Ryan C. McDevitt (Journal of Political Economy, 2014).In the Plex: How Google Thinks, Works, and Shapes Our Lives, by Steven Levy (2011).“The Anatomy of a Large-Scale Hypertextual Web Search Engine,” by Sergey Brin and Lawrence Page (Computer Networks and ISDN Systems, 1998). EXTRAS:“Is Dialysis a Test Case of Medicare for All?” by Freakonomics Radio (2021).“How Big is My Penis? (And Other Things We Ask Google),” by Freakonomics Radio (2017).
A wide-open conversation with three women who guided Richard Feynman through some big adventures at the Esalen Institute. (Part of our Feynman series.) SOURCES: Barbara Berg, friend of Richard Feynman.Cheryl Haley, friend of Richard Feynman.Debby Harlow, friend of Richard FeynmaSam Stern, content creator at the Esalen Institute. EXTRAS: Richard Feynman Series, by Freakonomics Radio (2024)."The Future of Therapy Is Psychedelic," by People I (Mostly) Admire (2023).
In his final years, Richard Feynman's curiosity took him to some surprising places. We hear from his companions on the trips he took — and one he wasn’t able to. (Part three of a three-part series.) SOURCES: Alan Alda, actor and screenwriter.Barbara Berg, friend of Richard Feynman.Helen Czerski, physicist and oceanographer at University College London.Michelle Feynman, photographer and daughter of Richard Feynman.Cheryl Haley, friend of Richard Feynman.Debby Harlow, friend of Richard Feynman.Ralph Leighton, biographer and film producer.Charles Mann, science journalist and author.John Preskill, professor of theoretical physics at the California Institute of Technology.Lisa Randall, professor of theoretical particle physics and cosmology at Harvard University.Christopher Sykes, documentary filmmaker.Stephen Wolfram, founder and C.E.O. of Wolfram Research; creator of Mathematica, Wolfram|Alpha, and the Wolfram Language. RESOURCES: I Love My Wife..., directed by Ian Tierney (2020).Quantum Man: Richard Feynman's Life in Science, by Lawrence M. Krauss (2011).Perfectly Reasonable Deviations From the Beaten Track: Selected Letters of Richard P. Feynman, edited by Michelle Feynman (2005).The Pleasure of Finding Things Out, by Richard Feynman (1999).The Demon-Haunted World: Science as a Candle in the Dark, by Carl Sagan and Ann Druyan (1995).Genius: The Life and Science of Richard Feynman, by James Gleick (1992).The Quest for Tannu Tuva, by Christopher Sykes (1988)“What Do You Care What Other People Think?” by Richard Feynman and Ralph Leighton (1988).The Second Creation: Makers of the Revolution in Twentieth-century Physics, by Robert Crease and Charles Mann (1986).Surely You're Joking, Mr. Feynman!, by Richard Feynman and Ralph Leighton (1985).Fun to Imagine, BBC docuseries (1983). EXTRAS: “The Curious, Brilliant, Vanishing Mr. Feynman,” series by Freakonomics Radio (2024).
What happens when an existentially depressed and recently widowed young physicist from Queens gets a fresh start in California? We follow Richard Feynman out west, to explore his long and extremely fruitful second act. (Part two of a three-part series.) SOURCES:Seamus Blackley, video game designer and creator of the Xbox.Carl Feynman, computer scientist and son of Richard Feynman.Michelle Feynman, photographer and daughter of Richard Feynman.Ralph Leighton, biographer and film producer.Charles Mann, science journalist and author.John Preskill, professor of theoretical physics at the California Institute of Technology.Lisa Randall, professor of theoretical particle physics and cosmology at Harvard University.Christopher Sykes, documentary filmmaker.Stephen Wolfram, founder and C.E.O. of Wolfram Research; creator of Mathematica, Wolfram|Alpha, and the Wolfram Language.Alan Zorthian, architect. RESOURCES:"Love After Life: Nobel-Winning Physicist Richard Feynman’s Extraordinary Letter to His Departed Wife," by Maria Popova (The Marginalian, 2017).Quantum Man: Richard Feynman's Life in Science, by Lawrence M. Krauss (2011).The Pleasure of Finding Things Out, by Richard Feynman (1999).Genius: The Life and Science of Richard Feynman, by James Gleick (1992)."G. Feynman; Landscape Expert, Physicist’s Widow," (Los Angeles Times, 1990)."Nobel Physicist R. P. Feynman of Caltech Dies," by Lee Dye (Los Angeles Times, 1988).The Second Creation: Makers of the Revolution in Twentieth-century Physics, by Robert Crease and Charles Mann (1986).Surely You're Joking, Mr. Feynman!, by Richard Feynman and Ralph Leighton (1985).Fun to Imagine, BBC docuseries (1983)."Richard P. Feynman: Nobel Prize Winner," by Tim Hendrickson, Stuart Galley, and Fred Lamb (Engineering and Science, 1965).F.B.I. files on Richard Feynman. EXTRAS:"The Curious Mr. Feynman," by Freakonomics Radio (2024).
They’re heading to the Super Bowl for the second time in five years. But back in 2018, they were coming off a long losing streak — and that’s the year we sat down with 49ers  players, coaches, and executives to hear their turnaround plans. It’s probably time to consider the turnaround a success.  SOURCES:Jimmy Garoppolo, quarterback for the Las Vegas Raiders; former quarterback for the San Francisco 49ers.Al Guido, president of the San Francisco 49ers.Kyle Juszczyk, fullback for the San Francisco 49ers.Bob Lange, senior vice president of communications for the Philadelphia Eagles; former vice-president of communications for the San Francisco 49ers.John Lynch, general manager of the San Francisco 49ers.Paraag Marathe, president of 49ers Enterprises and executive vice-president of football operations for the San Francisco 49ers.Victor Matheson, economist at College of the Holy Cross.Kyle Shanahan, head coach of the San Francisco 49ers.Malcolm Smith, former linebacker for the San Francisco 49ers.Joe Staley, former offensive tackle for the San Francisco 49ers.Solomon Thomas, defensive tackle for the New York Jets; former defensive end for the San Francisco 49ers.Jed York, C.E.O. of the San Francisco 49ers. RESOURCES:"49ers Overreactions: Have Shanahan, Lynch Built Team That Can Last?" by Matt Maiocco (NBC Sports, 2023).“Jimmy Garoppolo Leads a 49ers Resurgence,” Victor Mather, The New York Times (December 29, 2017).“Why American Sports Are Organized As Cartels,” Tim Worstall, Forbes (January 14, 2013).NFL History - Super Bowl Winners (ESPN). EXTRAS:"When Is a Superstar Just Another Employee?" by Freakonomics Radio (2023)."How Does Playing Football Affect Your Health?" by Freakonomics, M.D. (2023)."Why Does the Most Monotonous Job in the World Pay $1 Million?" by Freakonomics Radio (2022)."The Hidden Side of Sports," series by Freakonomics Radio (2018-2019)."An Egghead’s Guide to the Super Bowl," by Freakonomics Radio (2017).
From the Manhattan Project to the Challenger investigation, the physicist Richard Feynman loved to shoot down what he called “lousy ideas.” Today, the world is awash in lousy ideas — so maybe it’s time to get some more Feynman in our lives? (Part one of a three-part series.) SOURCES:Helen Czerski, physicist and oceanographer at University College London.Michelle Feynman, photographer and daughter of Richard Feynman.Ralph Leighton, biographer and film producer.Charles Mann, science journalist and author.John Preskill, professor of theoretical physics at the California Institute of Technology.Stephen Wolfram, founder and C.E.O. of Wolfram Research; creator of Mathematica, Wolfram|Alpha, and the Wolfram Language. RESOURCES:"How Legendary Physicist Richard Feynman Helped Crack the Case on the Challenger Disaster," by Kevin Cook (Literary Hub, 2021).Challenger: The Final Flight, docuseries (2020).Perfectly Reasonable Deviations From the Beaten Track: Selected Letters of Richard P. Feynman, edited by Michelle Feynman (2005).The Pleasure of Finding Things Out, by Richard Feynman (1999).Genius: The Life and Science of Richard Feynman, by James Gleick (1992).“What Do You Care What Other People Think?” by Richard Feynman and Ralph Leighton (1988)."Mr. Feynman Goes to Washington," by Richard Feynman and Ralph Leighton (Engineering & Science, 1987).The Second Creation: Makers of the Revolution in Twentieth-century Physics, by Robert Crease and Charles Mann (1986).Surely You're Joking, Mr. Feynman!, by Richard Feynman and Ralph Leighton (1985)."The Pleasure of Finding Things Out," (Horizon S18.E9, 1981)."Los Alamos From Below," by Richard Feynman (UC Santa Barbara lecture, 1975)."The World from Another Point of View," (PBS Nova, 1973). EXTRAS:"Exploring Physics, from Eggshells to Oceans," by People I (Mostly) Admire (2023).
Michael Roth of Wesleyan University doesn’t hang out with other university presidents. He also thinks some of them have failed a basic test of good sense and decency. It’s time for a conversation about college, and courage.   SOURCE:Michael S. Roth, president of Wesleyan University. RESOURCES:"Opinion: College Presidents Are Supposed to Be Moral Leaders, Not Evasive Bureaucrats," by Michael S. Roth (Los Angeles Times, 2023)."Transcript: What Harvard, MIT and Penn Presidents Said at Antisemitism Hearing," by CQ Roll Call Staff (Roll Call, 2023)."To Testify or Not to Testify in Congress? Your Job Could Hang in the Balance," by Annie Karni (The New York Times, 2023)."You Could Not Pay Me Enough to Be a College President," by Daniel W. Drezner (The Chronicle of Higher Education, 2023)."The Case for College: Promising Solutions to Reverse College Enrollment Declines," by Katharine Meyer (Brookings, 2023)."Arab Funding of American Universities: Donors, Recipients, and Impact," by Mitchell G. Bard (American-Israeli Cooperative Enterprise, 2023)."Racist Attack Spotlights Stefanik’s Echo of Replacement Theory," by Annie Karni (The New York Times, 2022)."Why Is There So Much Saudi Money in American Universities?" by Michael Sokolove (The New York Times Magazine, 2019).Safe Enough Spaces: A Pragmatist’s Approach to Inclusion, Free Speech, and Political Correctness on College Campuses, by Michael S. Roth (2019)."The Opening of the Liberal Mind," by Michael S. Roth (The Wall Street Journal, 2017). EXTRAS:"Academic Fraud," series by Freakonomics Radio (2024)."Freakonomics Radio Goes Back to School," series by Freakonomics Radio (2022).
We all like to throw around terms that describe human behavior — “bystander apathy” and “steep learning curve” and “hard-wired.” Most of the time, they don’t actually mean what we think they mean. But don’t worry — the experts are getting it wrong, too. SOURCES:Sharon Begley, senior science writer for Stat at The Boston Globe.Jerome Kagan, emeritus professor of psychology at Harvard University.Bibb Latané, social psychologist and senior fellow at the Center for Human Science.Scott Lilienfeld, professor of psychology at Emory University.James Solomon, director and producer of The Witness. RESOURCES:“Tech Metaphors Are Holding Back Brain Research,” by Anna Vlasits (Wired, 2017).Can’t Just Stop: An Investigation of Compulsions, by Sharon Begley (2017).The Witness, film by James Solomon (2016).“Fifty Psychological and Psychiatric Terms to Avoid: a List of Inaccurate, Misleading, Misused, Ambiguous, and Logically Confused Words and Phrases,” by Scott Lilienfeld, Katheryn Sauvigne, Steven Jay Lynn, Robin Cautin, Robert Latzman, and Irwin Waldman (Frontiers in Psychology, 2015).SuperFreakonomics, by Steven Levitt and Stephen Dubner (2011).Fifty Great Myths of Popular Psychology, by Scott Lilienfeld, Steven Jay Lynn, John Ruscio, and Barry Beyerstein (2009).Train Your Mind, Change Your Brain, by Sharon Begley (2007).“Kitty, 40 Years Later,” by Jim Rasenberger (The New York Times, 2004).“37 Who Saw Murder Didn’t Call the Police,” by Martin Gansberg (The New York Times, 1964). EXTRAS:"Academic Fraud," series by Freakonomics Radio (2024).“This Idea Must Die,”Freakonomics Radio (2015).
Probably not — the incentives are too strong. Scholarly publishing is a $28 billion global industry, with misconduct at every level. But a few reformers are gaining ground.   (Part 2 of 2) SOURCES:Max Bazerman, professor of business administration at Harvard Business School.Leif Nelson, professor of business administration at the University of California, Berkeley Haas School of Business.Brian Nosek, professor of psychology at the University of Virginia and executive director at the Center for Open Science.Ivan Oransky, distinguished journalist-in-residence at New York University, editor-in-chief of The Transmitter, and co-founder of Retraction Watch.Joseph Simmons, professor of applied statistics and operations, information, and decisions at the Wharton School at the University of Pennsylvania.Uri Simonsohn, professor of behavioral science at Esade Business School.Simine Vazire, professor of psychology at the University of Melbourne and editor-in-chief of Psychological Science. RESOURCES:"The Harvard Professor and the Bloggers," by Noam Scheiber (The New York Times, 2023)."They Studied Dishonesty. Was Their Work a Lie?" by Gideon Lewis-Kraus (The New Yorker, 2023)."Evolving Patterns of Extremely Productive Publishing Behavior Across Science," by John P.A. Ioannidis, Thomas A. Collins, and Jeroen Baas (bioRxiv, 2023)."Hindawi Reveals Process for Retracting More Than 8,000 Paper Mill Articles," (Retraction Watch, 2023)."Exclusive: Russian Site Says It Has Brokered Authorships for More Than 10,000 Researchers," (Retraction Watch, 2019)."How Many Scientists Fabricate and Falsify Research? A Systematic Review and Meta-Analysis of Survey Data," by Daniele Fanelli (PLOS One, 2009). EXTRAS:"Why Is There So Much Fraud in Academia?" by Freakonomics Radio (2024)."Freakonomics Goes to College, Part 1," by Freakonomics Radio (2012).
Some of the biggest names in behavioral science stand accused of faking their results. Last year, an astonishing 10,000 research papers were retracted. We talk to whistleblowers, reformers, and a co-author who got caught up in the chaos. (Part 1 of 2) SOURCES:Max Bazerman, professor of business administration at Harvard Business School.Leif Nelson, professor of business administration at the University of California, Berkeley Haas School of Business.Brian Nosek, professor of psychology at the University of Virginia and executive director at the Center for Open Science.Joseph Simmons, professor of applied statistics and operations, information, and decisions at the Wharton School at the University of Pennsylvania.Uri Simonsohn, professor of behavioral science at Esade Business School.Simine Vazire, professor of psychology at the University of Melbourne and editor-in-chief of Psychological Science. RESOURCES:"More Than 10,000 Research Papers Were Retracted in 2023 — a New Record," by Richard Van Noorden (Nature, 2023)."Data Falsificada (Part 1): 'Clusterfake,'" by Joseph Simmons, Leif Nelson, and Uri Simonsohn (Data Colada, 2023)."Fabricated Data in Research About Honesty. You Can't Make This Stuff Up. Or, Can You?" by Nick Fountain, Jeff Guo, Keith Romer, and Emma Peaslee (Planet Money, 2023).Complicit: How We Enable the Unethical and How to Stop, by Max Bazerman (2022)."Evidence of Fraud in an Influential Field Experiment About Dishonesty," by Joseph Simmons, Leif Nelson, and Uri Simonsohn (Data Colada, 2021)."False-Positive Psychology: Undisclosed Flexibility in Data Collection and Analysis Allows Presenting Anything as Significant," by Joseph Simmons, Leif Nelson, and Uri Simonsohn (Psychological Science, 2011). EXTRAS:"Why Do We Cheat, and Why Shouldn’t We?" by No Stupid Questions (2023)."Is Everybody Cheating These Days?" by No Stupid Questions (2021).
In a special episode of The Economics of Everyday Things, host Zachary Crockett explains what millennials do to show they care, how corrugated cardboard keeps your food warm, and why every city has a billboard for a guy who calls himself “The Hammer.” SOURCES:Jason Abraham, managing partner of Hupy & Abraham.Nora Engstrom, professor at Stanford Law School.Kyle Hebenstreit, C.E.O. of Practice Made Perfect.Patrick Kivits, president of corrugated packaging at WestRock.Mia Mercado, writer and former editor at Hallmark.Eric Nelson, green business program manager for Johnson County, Kansas.Scott Wiener, founder of Scott's Pizza Tours.George White, president of Up With Paper and former president of the American Greeting Card Association. RESOURCES:34th Louie Awards - Finalists & Winners, (2022-2023)."Personal Injury Settlement Amounts Examples (2024 Guide)," by Jeffrey Johnson (Forbes Advisor, 2022)."Who Is the Fastest Pizza Box Folder?! World Pizza Games 2021," video by The Laughing Lion (2021)."Season’s (and Other...) Greetings," by Maria Ricapito (Marie Claire, 2020)."Scott's Pizza Chronicles: A Brief History of the Pizza Box," by Scott Wiener (Serious Eats, 2018)."Apple Patented a Pizza Box, for Pizzas," by Jacob Kastrenakes (The Verge, 2017)."Hallmark Greeting Cards Have Adjusted to the Digital Revolution," by Trent Gillies (CNBC, 2017)."We Eat 100 Acres of Pizza a Day in the U.S.," by Lenny Bernstein (The Washington Post, 2015)."Low Ball: An Insider’s Look at How Some Insurers Can Manipulate Computerized Systems to Broadly Underpay Injury Claims," by Mark Romano and J. Robert Hunter (Consumer Federation of America, 2012)."A Century of Change in Personal Injury Law," by Stephen D. Sugarman (UC Berkeley Public Law Research Paper, 2000).Pizza Tiger, by Thomas Monaghan (1986).Bates v. State Bar of Arizona, in the Supreme Court of Arizona (1977).
In a special episode of People I (Mostly) Admire, Steve Levitt talks to Cat Bohannon about her new book Eve: How the Female Body Drove 200 Million Years of Human Evolution. SOURCE:Cat Bohannon, researcher and author. RESOURCES:Eve: How the Female Body Drove 200 Million Years of Human Evolution, by Cat Bohannon (2023)."Genomic Inference of a Severe Human Bottleneck During the Early to Middle Pleistocene Transition," by Wangjie Hu, Ziqian Hao, Pengyuan Du, Fabio Di Vincenzo, Giorgio Manzi, Jialong Cui, Yun-Xin Fu, Yi-Hsuan, and Haipeng Li (Science, 2023)."The Greatest Invention in the History of Humanity," by Cat Bohannon (The Atlantic, 2023)."A Newborn Infant Chimpanzee Snatched and Cannibalized Immediately After Birth: Implications for 'Maternity Leave' in Wild Chimpanzee," by Hitonaru Nishie and Michio Nakamura (American Journal of Biological Anthropology, 2018)."War in the Womb," by Suzanne Sadedin (Aeon, 2014)."Timing of Childbirth Evolved to Match Women’s Energy Limits," by Erin Wayman (Smithsonian Magazine, 2012)."Bonobo Sex and Society," by Frans B. M. de Waal (Scientific American, 2006). EXTRAS:"Yuval Noah Harari Thinks Life Is Meaningless and Amazing," by People I (Mostly) Admire (2022)."Jared Diamond on the Downfall of Civilizations — and His Optimism for Ours," by People I (Mostly) Admire (2021).
In a special episode of No Stupid Questions, Angela Duckworth and Mike Maughan talk about unfinished tasks, recurring arguments, and Irish goodbyes. SOURCES:Roy Baumeister, social psychologist and visiting scholar at Harvard University.Daniel Gilbert, professor of psychology at Harvard University.John Gottman, professor emeritus of psychology at the University of Washington.Kurt Lewin, 20th-century German-American psychologist.E. J. Masicampo, professor of psychology at Wake Forest University.Timothy Wilson, professor of psychology at the University of Virginia.Bluma Zeigarnik, 20th-century Soviet psychologist. RESOURCES:"Life and Work of the Psychologist Bluma Zeigarnik," by M. Marco (Neurosciences and History, 2018)."Why We Need Answers," by Maria Konnikova (The New Yorker, 2013)."Consider It Done! Plan Making Can Eliminate the Cognitive Effects of Unfulfilled Goals," by E. J. Masicampo and Roy Baumeister (Journal of Personality and Social Psychology, 2011).The Science of Trust: Emotional Attunement for Couples, by John Gottman (2011)."'Let Me Dream On!' Anticipatory Emotions and Preference for Timing in Lotteries," by Martin Kocher, Michal Krawczyk, and Frans van Winden (Tinbergen Institute Discussion Paper, 2009)."Explaining Away: A Model of Affective Adaptation," by Timothy Wilson and Daniel Gilbert (Perspectives on Psychological Science, 2008)."On Finished and Unfinished Tasks," by Bluma Zeigarnik (A Source Book of Gestalt Psychology, 1938). EXTRAS:"Can We Disagree Better?" by No Stupid Questions (2023)."Would You Be Happier if You Were More Creative?" by No Stupid Questions (2023)."How Can You Be Kinder to Yourself?" by No Stupid Questions (2023)."What’s Wrong With Holding a Grudge?" by No Stupid Questions (2022).Somebody Loves You, Mr. Hatch,  by Eileen Spinelli (1991).
Lewis got incredible access to Sam Bankman-Fried, the billionaire behind the spectacular FTX fraud. His book is a bestseller, but some critics say he went too easy on S.B.F. Lewis tells us why the critics are wrong — and what it’s like to watch your book get turned into a courtroom drama. SOURCES:Michael Lewis, author. RESOURCES:Going Infinite: The Rise and Fall of a New Tycoon, by Michael Lewis (2023)."Column: In Michael Lewis, Sam Bankman-Fried Found His Last and Most Willing Victim," by Michael Hiltzik (Los Angeles Times, 2023)."Even Michael Lewis Can’t Make a Hero Out of Sam Bankman-Fried," by Jennifer Szalai (The New York Times, 2023)."Michael Lewis Goes Close on Sam Bankman-Fried — Maybe Too Close," by James Ledbetter (The Washington Post, 2023)."What You Won’t Learn From Michael Lewis’ Book on FTX Could Fill Another Book," by Julia M. Klein (Los Angeles Times, 2023)."Michael Lewis’s Big Contrarian Bet," by Gideon Lewis-Kraus (The New Yorker, 2023)."He-Said, They-Said," by John Lanchester (London Review of Books, 2023)."Downfall of the Crypto King," by Jesse Armstrong (The Times Literary Supplement, 2023)."FTX Debtors vs. Joseph Bankman and Barbara Fried," in the United States Bankruptcy Court for the District of Delaware (2023).Federal Prosecution of Election Offenses: Eighth Edition, by Richard C. Pilger (2017)."Pay Candidates to Drop Out? That Should Be Legal," by Stephen L. Carter (Bloomberg, 2016)."The History of the Term 'Effective Altruism,'" by William MacAskill (Effective Altruism Forum, 2014). EXTRAS:"Is This 'The Worst Job in Corporate America' — or Maybe the Best?" by Freakonomics Radio (2023)."A Million-Year View on Morality," by People I (Mostly) Admire (2022).“Did Michael Lewis Just Get Lucky with 'Moneyball'?” by Freakonomics Radio (2022).
In policing, as in most vocations, the best employees are often promoted into leadership without much training. One economist thinks he can address this problem — and, with it, America’s gun violence. SOURCESKenneth Corey, director of outreach and engagement for the Policing Leadership Academy at the University of Chicago and retired chief of department for the New York Police Department.Stephanie Drescher, operations captain in the City of Madison Police Department.Max Kapustin, assistant professor of economics and public policy at Cornell University.Jens Ludwig, economist and director of the Crime Lab at the University of Chicago.Sandy Jo MacArthur, curriculum design director for the Policing Leadership Academy at the University of Chicago.Sean Malinowski, D.O.J. strategic site liaison for the Philadelphia Police Department and retired chief of detectives from the Los Angeles Police Department.Sindyanna Paul-Noel, lieutenant with the City of Miami Police Department.Michael Wolley, deputy chief of operations with the Indianapolis Metropolitan Police Department. RESOURCES:"Policing Leadership Academy (PLA) Graduation of Inaugural Cohort," by the University of Chicago Crime Lab (2023)."Policing and Management," by Max Kapustin, Terrence Neumann, and Jens Ludwig (NBER Working Paper, 2022)."Getting More Out of Policing in the U.S.," by Jens Ludwig, Terrence Neumann, and Max Kapustin (VoxEU, 2022)."University of Chicago Crime Lab Launches National Policing and Community Violence Intervention Leadership Academies," by the University of Chicago Crime Lab (2022)."What Drives Differences in Management?" by Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron S. Jarmin, Megha Patnaik, Itay Saporta-Eksten, and John Van Reenen (NBER Working Paper, 2017)."Management as a Technology?" by Nicholas Bloom, Raffaella Sadun, and John Van Reenen (NBER Working Paper, 2017)."Measuring and Explaining Management Practices Across Firms and Countries," by Nick Bloom and John Van Reenen (NBER Working Paper, 2006)."Crime, Urban Flight, and the Consequences for Cities," by Julie Berry Cullen and Steven D. Levitt (SSRN, 1997). EXTRAS:"Why Are There So Many Bad Bosses?" by Freakonomics Radio (2022)."What Are the Police for, Anyway?" by Freakonomics Radio (2021).
It boosts economic opportunity and social mobility. It’s good for the environment. So why do we charge people to use it? The short answer: it’s complicated. Also: We talk to the man who gets half the nation’s mass-transit riders where they want to go (most of the time).  SOURCES:Marcus Finbom, traffic planner in Stockholm, Sweden.Robbie Makinen, former president and C.E.O. of the Kansas City Area Transportation Authority.Janno Lieber, chair and C.E.O. of the M.T.A. in New York City.Brian Taylor, professor of urban planning and public policy and director of the Institute of Transportation Studies at U.C.L.A.Shashi Verma, director of strategy and C.T.O. at Transport for London.Michelle Wu, mayor of Boston. RESOURCES:"Free Bus Service Starts Sunday on 5 Routes in New York City," by Ana Ley (The New York Times, 2023).“Vehicle Access and Falling Transit Ridership: Evidence From Southern California,” by Michael Manville, Brian D. Taylor, Evelyn Blumenberg, and Andrew Schouten (Transportation, 2023).“Route-28 Fare-Free Pilot Evaluation: Summary Findings,” by the City of Boston Transportation (2022).“Forget Fare Hikes — Make the T Free,” by Michelle Wu (The Boston Globe, 2019).Traffic Power Structure, by Planka.nu (2016)."The Impacts of Neighborhoods on Intergenerational Mobility: Childhood Exposure Effects and County-Level Estimates," by Raj Chetty and Nathaniel Hendren (NBER Working Paper, 2015)."Fare, Free, or Something in Between?" by Jennifer S. Perone and Joel M. Volinski (World Transit Research, 2003).Planka.Nu. EXTRAS:"Why Is the U.S. So Good at Killing Pedestrians?" by Freakonomics Radio (2023)."Should Public Transit Be Free?" by Freakonomics Radio (2022).“Should Traffic Lights Be Abolished?” by Freakonomics Radio (2021).“The Perfect Crime,” by Freakonomics Radio (2014).“Parking Is Hell,” by Freakonomics Radio (2013).
Most industries have become more productive over time. But not construction! We identify the causes — and possible solutions. (Can you say ... “prefab”?) RESOURCES:"The Strange and Awful Path of Productivity in the US Construction Sector," by Austan Goolsbee and Chad Syverson (BFI Working Paper, 2023)."Infrastructure Costs," by Leah Brooks and Zachary D. Liscow (American Economic Journal: Applied, 2023)."The Silicon Valley Elite Who Want to Build a City From Scratch," by Conor Dougherty and Erin Griffith (The New York Times, 2023)."A Decent Home," report by the President's Committee on Urban Housing (1968). EXTRAS:"Edward Glaeser Explains Why Some Cities Thrive While Others Fade Away," by People I (Mostly) Admire (2021)."Why Are Cities (Still) So Expensive?" by Freakonomics Radio (2020). SOURCES:Vaughan Buckley, founder and C.E.O. of the Volumetric Building Companies.Carrie Sturts Dossick, professor of construction management at the University of Washington.Ed Glaeser, professor of economics and chair the economics department at Harvard University.Michael Hough, director of MJH Structural Engineers.Ivan Rupnik, professor of architecture at Northeastern University.Chad Syverson, professor of economics at the University of Chicago.
Pro footballer and star podcaster Jason Kelce is ubiquitous right now (almost as ubiquitous as his brother and co-host Travis, who's been in the limelight for his relationship with Taylor Swift). After you hear this wide-ranging interview, you might want even more Kelce in your life.  RESOURCES:“N.F.L. Player Team Report Cards,” by the National Football League Players Association (2023).Kelce, documentary (2023).New Heights with Jason and Travis Kelce, (produced by Wave Sports + Entertainment).EXTRAS:"When Is a Superstar Just Another Employee?" by Freakonomics Radio (2023).SOURCES:Jason Kelce, center for the Philadelphia Eagles.
They say they make companies more efficient through savvy management. Critics say they bend the rules to enrich themselves at the expense of consumers and employees. Can they both be right? (Probably not.) RESOURCES:Plunder: Private Equity's Plan to Pillage America, by Brendan Ballou (2023).Two and Twenty: How the Masters of Private Equity Always Win, by Sachin Khajuria (2022)."Local Journalism under Private Equity Ownership," by Michael Ewens, Arpit Gupta, and Sabrina T. Howell (NBER Working Paper, 2022).“Owner Incentives and Performance in Healthcare: Private Equity Investment in Nursing Homes,” by Atul Gupta, Sabrina T. Howell, Constantine Yannelis, and Abhinav Gupta (NBER Working Paper, 2021).“Leveraged Buyouts and Financial Distress,” by Brian Ayash and Mahdi Rastad (Finance Research Letters, 2021).“Have Private Equity Owned Nursing Homes Fared Worse Under COVID-19?” by Ashvin Gandhi, YoungJun Song, and Prabhava Upadrashta (SSRN, 2020).“When Investor Incentives and Consumer Interests Diverge: Private Equity in Higher Education,” by Charlie Eaton, Sabrina T. Howell, and Constantine Yannelis (The Review of Financial Studies, 2020).“The Economic Effects of Private Equity Buyouts,” by Steven J. Davis, John Haltiwanger, Kyle Handley, Ben Lipsius, Josh Lerner, and Javier Miranda (SSRN, 2019).“How Acquisitions Affect Firm Behavior and Performance: Evidence from the Dialysis Industry,” by Paul J. Eliason, Benjamin Heebsh, Ryan C. McDevitt, and James W. Roberts (The Quarterly Journal of Economics, 2019)."In Silicon Valley, Even Mobile Homes Are Getting Too Pricey for Longtime Residents," by Tracy Lien (Los Angeles Times, 2017).“The Operational Consequences of Private Equity Buyouts: Evidence from the Restaurant Industry,” by Shai Bernstein and Albert Sheen (SSRN, 2013)."Private Equity and Employment," by Steven J. Davis, John C. Haltiwanger, Ron S. Jarmin, Josh Lerner, and Javier Miranda (NBER Working Paper, 2011).EXTRAS:"Should You Trust Private Equity to Take Care of Your Dog?" by Freakonomics Radio (2023)."Do You Know Who Owns Your Vet?" by Freakonomics Radio (2023)."Mobile Home Parks," by The Economics of Everyday Things (2023)."The Secret Life of a C.E.O.," series by Freakonomics Radio (2018)."Extra: David Rubenstein Full Interview," by Freakonomics Radio (2018).SOURCES:Brendan Ballou, special counsel at the Department of Justice.Dan Glickberg, venture-capital investor.Hannah Howard, food writer.Sachin Khajuria, investor.
Evidence from Nazi Germany and 1940’s America (and pretty much everywhere else) shows that discrimination is incredibly costly — to the victims, of course, but also the perpetrators. One modern solution is to invoke a diversity mandate. But new research shows that’s not necessarily the answer. RESOURCES:"Discrimination, Managers, and Firm Performance: Evidence from 'Aryanizations' in Nazi Germany," by Kilian Huber, Volker Lindenthal, and Fabian Waldinger (Journal of Political Economy, 2021)."Diversity and Performance in Entrepreneurial Teams," by Sophie Calder-Wang, Paul A. Gompers, and Kevin Huang (SSRN, 2021)."Systemic Discrimination Among Large U.S. Employers," by Patrick M. Kline, Evan K. Rose, and Christopher R. Walters (NBER Working Papers, 2021).City of Champions: A History of Triumph and Defeat in Detroit, by Silke-Maria Weineck and Stefan Szymanski (2020)."The Allocation of Talent and U.S. Economic Growth," by Chang-Tai Hsieh, Erik Hurst, Charles I. Jones, and Peter J. Klenow (Econometrica, 2019).Genius & Anxiety: How Jews Changed the World, 1847-1947, by Norman Lebrecht (2019)."And the Children Shall Lead: Gender Diversity and Performance in Venture Capital," by Paul A. Gompers and Sophie Q. Wang (NBER Working Papers, 2017)."The Political Economy of Hatred," by Edward Glaeser (The Quarterly Journal of Economics, 2005)."Statistical Theories of Discrimination in Labor Markets," by Dennis J. Aigner and Glen G. Cain (Industrial and Labor Relations Review, 1977).The Economics of Discrimination, by Gary S. Becker (1957).EXTRAS:"A New Nobel Laureate Explains the Gender Pay Gap (Replay)," by Freakonomics Radio (2023)."Edward Glaeser Explains Why Some Cities Thrive While Others Fade Away," by People I (Mostly) Admire (2021)."What Are the Secrets of the German Economy — and Should We Steal Them?" by Freakonomics Radio (2017).SOURCES:Kilian Huber, professor of economics at the University of Chicago.Silke-Maria Weineck, professor of German studies and comparative literature at the University of Michigan.Sophie Calder-Wang, professor of economics at the University of Pennsylvania.
Everyone makes mistakes. How do you learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. RESOURCES:Right Kind of Wrong: The Science of Failing Well, by Amy Edmondson (2023)."You Think Failure Is Hard? So Is Learning From It," by Lauren Eskreis-Winkler and Ayelet Fishbach (Perspectives on Psychological Science, 2022)."The Market for R&D Failures," by Manuel Trajtenberg and Roy Shalem (SSRN, 2010)."Performing a Project Premortem," by Gary Klein (Harvard Business Review, 2007).EXTRAS:“How to Succeed at Failing,” series by Freakonomics Radio (2023)."Moncef Slaoui: 'It’s Unfortunate That It Takes a Crisis for This to Happen,'" by People I (Mostly) Admire (2020).SOURCES:Will Coleman, founder and C.E.O. of Alto.Amy Edmondson, professor of leadership management at Harvard Business School.Babak Javid, physician-scientist and associate director of the University of California, San Francisco Center for Tuberculosis.Gary Klein, cognitive psychologist and pioneer in the field of naturalistic decision making.Theresa MacPhail, medical anthropologist and associate professor of science & technology studies at the Stevens Institute of Technology.Roy Shalem, lecturer at Tel Aviv University.Samuel West, curator and founder of The Museum of Failure.
Giving up can be painful. That's why we need to talk about it. Today: stories about glitchy apps, leaky paint cans, broken sculptures — and a quest for the perfect bowl of ramen.  RESOURCES"Data Snapshot: Tenure and Contingency in US Higher Education," by Glenn Colby (American Association of University Professors, 2023).Grit: The Power of Passion and Perseverance, by Angela Duckworth (2016)."Entrepreneurship and the U.S. Economy," by the U.S. Bureau of Labor Statistics (2016)."A CV of Failures," by Melanie Stefan (Nature, 2010).EXTRAS“How to Succeed at Failing,” series by Freakonomics Radio (2023)."Annie Duke Thinks You Should Quit," by People I (Mostly) Admire (2022)."How Do You Know When It’s Time to Quit?" by No Stupid Questions (2020).“Honey, I Grew the Economy,” by Freakonomics Radio (2019).“The Upside of Quitting," by Freakonomics Radio (2011)."The Ramen Now - Rapid Desktop Cooking for Delicious Meals," Kickstarter campaign by Travis Thul.SOURCES:John Boykin, website designer and failed paint can re-inventor.Angela Duckworth, host of No Stupid Questions, co-founder of Character Lab, and professor of psychology at the University of Pennsylvania.Amy Edmondson, professor of leadership management at Harvard Business School.Helen Fisher, senior research fellow at The Kinsey Institute and chief science advisor to Match.com.Eric von Hippel, professor of technological innovation at M.I.T.’s Sloan School of Management.Jill Hoffman, founder and C.E.O. of Path 2 Flight.Gary Klein, cognitive psychologist and pioneer in the field of naturalistic decision making.Steve Levitt, host of People I (Mostly) Admire, co-author of the Freakonomics books, and professor of economics at the University of Chicago.Joseph O’Connell, artist.Mike Ridgeman, advocacy manager at Trek Bicycles and former professor.Melanie Stefan, professor of physiology at Medical School Berlin.Travis Thul, director of operations and senior fellow at the University of Minnesota Technological Leadership Institute.
In medicine, failure can be catastrophic. It can also produce discoveries that save millions of lives. Tales from the front line, the lab, and the I.T. department. RESOURCES:Right Kind of Wrong: The Science of Failing Well, by Amy Edmondson (2023)."Reconsidering the Application of Systems Thinking in Healthcare: The RaDonda Vaught Case," by Connor Lusk, Elise DeForest, Gabriel Segarra, David M. Neyens, James H. Abernathy III, and Ken Catchpole (British Journal of Anaesthesia, 2022)."Dispelling the Myth That Organizations Learn From Failure," by Jeffrey Ray (SSRN, 2016)."A New, Evidence-Based Estimate of Patient Harms Associated With Hospital Care," by John T. James (Journal of Patient Safety, 2013).To Err is Human: Building a Safer Health System, by the National Academy of Sciences (1999)."Polymers for the Sustained Release of Proteins and Other Macromolecules," by Robert Langer and Judah Folkman (Nature, 1976).EXTRAS:"How to Succeed at Failing," series by Freakonomics Radio (2023)."Will a Covid-19 Vaccine Change the Future of Medical Research?" by Freakonomics Radio (2020)."Bad Medicine, Part 3: Death by Diagnosis," by Freakonomics Radio (2016).SOURCES:Amy Edmondson, professor of leadership management at Harvard Business School.Carole Hemmelgarn, co-founder of Patients for Patient Safety U.S. and director of the Clinical Quality, Safety & Leadership Master’s program at Georgetown University.Gary Klein, cognitive psychologist and pioneer in the field of naturalistic decision making.Robert Langer, institute professor and head of the Langer Lab at the Massachusetts Institute of Technology.John Van Reenen, professor at the London School of Economics.
We tend to think of tragedies as a single terrible moment, rather than the result of multiple bad decisions. Can this pattern be reversed? We try — with stories about wildfires, school shootings, and love. RESOURCESRight Kind of Wrong: The Science of Failing Well, by Amy Edmondson (2023)."Michigan School Shooter Is Found Eligible for Life Sentence Without Parole," by Stephanie Saul and Dana Goldstein (The New York Times, 2023)."How Fire Turned Lahaina Into a Death Trap," by Nicholas Bogel-Burroughs, Serge F. Kovaleski, Shawn Hubler, and Riley Mellen (The New York Times, 2023).The Violence Project: How to Stop a Mass Shooting Epidemic, by Jillian Peterson and James Densley (2021)."I Was Almost A School Shooter," by Aaron Stark (TEDxBoulder, 2018).EXTRAS "Is Perfectionism Ruining Your Life?" by People I (Mostly) Admire (2023)."Why Did You Marry That Person?" by Freakonomics Radio (2022)."What Do We Really Learn From Failure?" by No Stupid Questions (2021)."How to Fail Like a Pro," by Freakonomics Radio (2019)."Failure Is Your Friend," by Freakonomics Radio (2014).SOURCES:Amy Edmondson, professor of leadership management at Harvard Business School.Helen Fisher, senior research fellow at The Kinsey Institute and chief science advisor to Match.com.Ed Galea, founding director of the Fire Safety Engineering Group at the University of Greenwich.Gary Klein, cognitive psychologist and pioneer in the field of naturalistic decision making.David Riedman, founder of the K-12 School Shooting Database.Aaron Stark, assistant manager at Kum & Go and keynote speaker.John Van Reenen, professor at the London School of Economics.
Claudia Goldin is the newest winner of the Nobel Prize in Economics. We spoke with her in 2016 about why women earn so much less than men — and how it’s not all explained by discrimination.  SOURCES:Claudia Goldin, professor of economics at Harvard University.
John Ray is an emergency C.E.O., a bankruptcy expert who takes over companies that have succumbed to failure or fraud. He’s currently cleaning up the mess left by alleged crypto scammer Sam Bankman-Fried. And he loves it. RESOURCES:"United States of America v. Samuel Bankman-Fried, a/k/a 'SBF,'" by the United States District Court Southern District of New York (2023)."Does FTX’s New CEO Have the Worst Job in Corporate America?" by Ben Cohen (The Wall Street Journal, 2022)."John J. Ray III, a St. Joseph’s Grad From Pittsfield, Is Earning $1,300 an Hour to Sort Out the Remains of the FTX Cryptocurrency Collapse," by Larry Parnass (The Berkshire Eagle, 2022)."'Pit Bull' Fights to Pick Up Enron's Pieces," by Ameet Sachdev (Chicago Tribune, 2007).EXTRAS:“The Secret Life of a C.E.O.,” series by Freakonomics Radio (2018-2023)."Did Michael Lewis Just Get Lucky with Moneyball?" by Freakonomics Radio (2022)."Does the Crypto Crash Mean the Blockchain Is Over?" by Freakonomics Radio (2022)."What Can Blockchain Do for You?" series by Freakonomics Radio (2022).SOURCES:John Ray, C.E.O. of FTX.
If two parents can run a family, why shouldn’t two executives run a company? We dig into the research and hear firsthand stories of both triumph and disaster. Also: lessons from computer programmers, Simon and Garfunkel, and bears versus alligators.RESOURCES:"How Allbirds Lost Its Way," by Suzanne Kapner (The Wall Street Journal, 2023)."Is It Time to Consider Co-C.E.O.s?" by Marc A. Feigen, Michael Jenkins, and Anton Warendh (Harvard Business Review, 2022)."The Costs and Benefits of Pair Programming," by Alistair Cockburn and Laurie Williams (2000)."Strengthening the Case for Pair Programming," by Laurie Williams, Robert R. Kessler, Ward Cunningham, and Ron Jeffries (IEEE Software, 2000). EXTRAS:"The Facts Are In: Two Parents Are Better Than One," by Freakonomics Radio (2023)."The Secret Life of a C.E.O.," series by Freakonomics Radio (2018-2023). SOURCES:Jim Balsillie, retired chairman and co-C.E.O. of Research In Motion.Mike Cannon-Brookes, co-founder and co-C.E.O. of Atlassian.Scott Farquhar, co-founder and co-C.E.O. of Atlassian.Marc Feigen, C.E.O. advisor.Jeffrey Sonnenfeld, professor of management studies and senior associate dean at the Yale School of Management and founding president of the Chief Executive Leadership Institute.Laurie Williams, professor of computer science at North Carolina State University...
In her new book The Two-Parent Privilege, the economist Melissa Kearney says it’s time for liberals to face the facts: U.S. marriage rates have plummeted but the babies keep coming, and the U.S. now leads the world in single-parent households. Plus: our friends at Atlas Obscura explore just how many parents a kid can have.
The union that represents N.F.L. players conducted their first-ever survey of workplace conditions, and issued a report card to all 32 teams. What did the survey reveal? Clogged showers, rats in the locker room — and some helpful insights for those of us who don’t play pro football. For show notes, visit freakonomics.com/podcast/when-is-a-superstar-just-another-employee/
For all the speculation about the future, A.I. tools can be useful right now. Adam Davidson discovers what they can help us do, how we can get the most from them — and why the things that make them helpful also make them dangerous. (Part 3 of "How to Think About A.I.")
Guest host Adam Davidson looks at what might happen to your job in a world of human-level artificial intelligence, and asks when it might be time to worry that the machines have become too powerful. (Part 2 of "How to Think About A.I.")
Artificial intelligence, we’ve been told, will destroy humankind. No, wait — it will usher in a new age of human flourishing! Guest host Adam Davidson (co-founder of Planet Money) sorts through the big claims about A.I.'s future by exploring its past and present — and whether it has a sense of humor. (Part 1 of "How to Think About A.I.")
The famously profane politician and operative is now U.S. ambassador to Japan, where he’s trying to rewrite the rules of diplomacy. But don’t worry: When it comes to China, he’s every bit as combative as you’d expect.
Americans are so accustomed to the standard intersection that we rarely consider how dangerous it can be — as well as costly, time-wasting, and polluting. Is it time to embrace the lowly, lovely roundabout?
Bjorn Andersen killed 111 minke whales this season. He tells us how he does it, why he does it, and what he thinks would happen if whale-hunting ever stopped.  (This bonus episode is a follow-up to our series “Everything You Never Knew About Whaling.")
In three stories from our newest podcast, host Zachary Crockett digs into sports mascots, cashmere sweaters, and dinosaur skeletons.
In the final episode of our whale series, we learn about fecal plumes, shipping noise, and why "Moby-Dick" is still worth reading. (Part 3 of "Everything You Never Knew About Whaling.")
For years, whale oil was used as lighting fuel, industrial lubricant, and the main ingredient in (yum!) margarine. Whale meat was also on a few menus. But today, demand for whale products is at a historic low. And yet some countries still have a whaling industry. We find out why. (Part 2 of “Everything You Never Knew About Whaling.”)
Whaling was, in the words of one scholar, “early capitalism unleashed on the high seas.” How did the U.S. come to dominate the whale market? Why did whale hunting die out here — and continue to grow elsewhere? And is that whale vomit in your perfume? (Part 1 of “Everything You Never Knew About Whaling.”)
Actually, the reasons are pretty clear. The harder question is: Will we ever care enough to stop?
Sure, you were “in love.” But economists — using evidence from Bridgerton to Tinder — point to what’s called “assortative mating.” And it has some unpleasant consequences for society.
But as C.E.O. of the resurgent Microsoft, he is firmly at the center of the A.I. revolution. We speak with him about the perils and blessings of A.I., Google vs. Bing, the Microsoft succession plan — and why his favorite use of ChatGPT is translating poetry.
Probably not. The economist Kelly Shue argues that E.S.G. investing just gives more money to firms that are already green while depriving polluting firms of the financing they need to get greener. But she has a solution.
Gun control, abortion rights, drug legalization — it seems like every argument these days claims that if X happens, then Y will follow, and we’ll all be doomed to Z. Is the slippery-slope argument a valid logical construction or just a game of feelingsball?
He turned a small Hollywood talent agency into a massive sports-and-entertainment empire. In a freewheeling conversation, he explains how he did it and why it nearly killed him.
Sure, markets work well in general. But for some transactions — like school admissions and organ transplants — money alone can’t solve the problem. That’s when you need a market-design wizard like Al Roth. Plus: We hear from a listener who, inspired by this episode, made a remarkable decision.
Museums are purging their collections of looted treasures. Can they also get something in return? And what does it mean to be a museum in the 21st century? (Part 3 of “Stealing Art Is Easy. Giving It Back Is Hard.”)
The world’s great museums are full of art and artifacts that were plundered during an era when plunder was the norm. Now there’s a push to return these works to their rightful owners. Sounds simple, right? It's not. (Part 2 of “Stealing Art Is Easy. Giving It Back Is Hard.”)
How did a freshly looted Egyptian antiquity end up in the Metropolitan Museum of Art? Why did it take Kim Kardashian to crack the case? And how much of what you see in any museum is stolen? (Part 1 of “Stealing Art Is Easy. Giving It Back Is Hard.”)
Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don’t worry: we’ve got the solution.
Every language has its taboo words (which many people use all the time). But the list of forbidden words is always changing — and those changes tell us some surprising things about ourselves. Note: The swear words in this episode have been bleeped out. To hear a version of this episode without the bleeps, go to freakonomics.com.
Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.
Many companies say they want to create more opportunities for Black Americans. One company is doing something concrete about it. We visit the South Side of Chicago to see how it’s working out.
Every year, Americans short the I.R.S. nearly half a trillion dollars. Most ideas to increase compliance are more stick than carrot — scary letters, audits, and penalties. But what if we gave taxpayers a chance to allocate how their money is spent, or even bribed them with a thank-you gift?
In this installment of the Freakonomics Radio Book Club, the economist Amy Finkelstein explains why insurance markets are broken and how to fix them. Also: why can’t you buy divorce insurance?
People who are good at their jobs routinely get promoted into bigger jobs they’re bad at. We explain why firms keep producing incompetent managers — and why that’s unlikely to change.
Most travelers want the cheapest flight they can find. Airlines, meanwhile, need to manage volatile fuel costs, a pricey workforce, and complex logistics. So how do they make money — and how did America’s grubbiest airport suddenly turn into a palace? (Part 3 of “Freakonomics Radio Takes to the Skies.”)
Thanks to decades of work by airlines and regulators, plane crashes are nearly a thing of the past. Can we do the same for cars? (Part 2 of “Freakonomics Radio Takes to the Skies.”)
It’s an unnatural activity that has become normal. You’re stuck in a metal tube with hundreds of strangers (and strange smells), defying gravity and racing through the sky.  But oh, the places you’ll go! We visit the world’s busiest airport to see how it all comes together. (Part 1 of “Freakonomics Radio Takes to the Skies.”)
Adam Smith famously argued that specialization is the key to prosperity. In the N.F.L., the long snapper is proof of that argument. Here’s everything there is to know about a job that didn’t used to exist.
Hotel guests adore those cute little soaps, but is it just a one-night stand? In our fourth episode of The Economics of Everyday Things, Zachary Crockett discovers what happens to those soaps when we love ’em and leave ’em.
For decades, the U.S. let globalization run its course and hoped China would be an ally. Now the Biden administration is spending billions to bring high-tech manufacturing back home. Is this the beginning of a new industrial policy — or just another round of corporate welfare?
Can a hit single from four decades ago still pay the bills? Zachary Crockett f-f-f-finds out in the third episode of our newest podcast, The Economics of Everyday Things.
The economist Kate Raworth says the aggressive pursuit of G.D.P. is trashing the planet and shortchanging too many people. She has proposed an alternative — and the city of Amsterdam is giving it a try. How's it going?
How does America's cutest sales force get billions of Thin Mints, Samoas, and Tagalongs into our hands every year? Zachary Crockett finds out in the second episode of our newest podcast, The Economics of Everyday Things.
When small businesses get bought by big investors, the name may stay the same — but customers and employees can feel the difference. (Part 2 of 2.)
A new podcast hosted by Zachary Crockett. In the first episode: Gas stations. When gas prices skyrocket, do station owners get a windfall? And where do their profits really come from?
Big investors are buying up local veterinary practices (and pretty much everything else). What does this mean for scruffy little Max* — and for the U.S. economy? (Part 1 of 2.) *The most popular dog name in the U.S. in 2022.
And with her book "Salt, Fat, Acid, Heat," she succeeded. Now she's not so sure how to feel about all the attention.
We tend to look down on artists who can't match their breakthrough success. Should we be celebrating them instead?
In a special episode of No Stupid Questions, Stephen Dubner and Angela Duckworth discuss classroom design, open offices, and cognitive drift.
In this special episode of People I (Mostly) Admire, Steve Levitt talks to the best-selling author of Sapiens and Homo Deus about finding the profound in the obvious.
Labor exploitation! Corporate profiteering! Government corruption! The 21st century can look a lot like the 18th. In the final episode of a series, we turn to “the father of economics” for solutions. (Part 3 of “In Search of the Real Adam Smith.”)
Economists and politicians have turned him into a mascot for free-market ideology. Some on the left say the right has badly misread him. Prepare for a very Smithy tug of war. (Part 2 of “In Search of the Real Adam Smith.”)
A sneak peek at an upcoming series — and a call for would-be radio reporters.
How did an affable 18th-century “moral philosopher” become the patron saint of cutthroat capitalism? Does “the invisible hand” mean what everyone thinks it does? We travel to Smith’s hometown in Scotland to uncover the man behind the myth. (Part 1 of a series.)
In this special episode of Freakonomics, M.D., host Bapu Jena looks at a clever new study that could help answer one of parenting’s most contentious questions.
No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle. In this installment of the Freakonomics Radio Book Club, we revisit the book that launched the analytics revolution.
It used to feel like magic. Now it can feel like a set of cheap tricks. Is the problem with Google — or with us?
The banana, once a luxury good, rose to become America’s favorite fruit. Now a deadly fungus threatens to wipe it out. Can it be saved?
It’s fun to obsess over pop stars and racecar drivers — but is fandom making our politics even more toxic?
The last two years have radically changed the way we work — producing winners, losers, and a lot of surprises.
It was supposed to boost prosperity and democracy at the same time. What really happened? According to the legal scholar Anthea Roberts, it depends which story you believe.
One Yale economist certainly thinks so. But even if he’s right, are economists any better?
New research finds that bosses who went to business school pay their workers less. So what are M.B.A. programs teaching — and should they stop?
The pandemic provided city dwellers with a break from the din of the modern world. Now the noise is coming back. What does that mean for our productivity, health, and basic sanity?
Liberals endorse harm reduction when it comes to the opioid epidemic. Are they ready to take the same approach to climate change?
The documentary filmmaker, known for The Civil War, Jazz, and Baseball, turns his attention to the Holocaust, and asks what we can learn from the evils of the past.
The pandemic moved a lot of religious activity onto the internet. With faith-based apps, Silicon Valley is turning virtual prayers into earthly rewards. Does this mean sharing user data? Dear God, let’s hope not …
As the Biden administration rushes to address climate change, Stephen Dubner looks at another, hidden cost of air pollution — one that’s affecting how we think.
The controversial Harvard economist, recently back from a suspension, “broke a lot of glass early in my career,” he says. His research on school incentives and police brutality won him acclaim — but also enemies. Now he’s taking a hard look at corporate diversity programs. The common thread in his work? “I refuse to not tell the truth.”
It boosts economic opportunity and social mobility. It’s good for the environment. So why do we charge people to use it? The short answer: it’s complicated.
Breaking news! Sources say American journalism exploits our negativity bias to maximize profits, and social media algorithms add fuel to the fire. Stephen Dubner investigates.
According to a decades-long research project, the U.S. is not only the most individualistic country on earth; we’re also high on indulgence, short-term thinking, and masculinity (but low on “uncertainty avoidance,” if that makes you feel better). We look at how these traits affect our daily lives and why we couldn’t change them even if we wanted to.
We often look to other countries for smart policies on education, healthcare, infrastructure, etc. But can a smart policy be simply transplanted into a country as culturally unusual (and as supremely WEIRD) as America?
It used to be at the center of our conversations about politics and society. Scott Hershovitz (author of Nasty, Brutish, and Short) argues that philosophy still has a lot to say about work, justice, and parenthood. Our latest installment of the Freakonomics Radio Book Club.
Sure, you were “in love.” But economists — using evidence from Bridgerton to Tinder — point to what’s called “assortative mating.” And it has some unpleasant consequences for society.
In one of the earliest Freakonomics Radio episodes, we asked a bunch of economists with young kids how they approached child-rearing. Now the kids are old enough to talk — and they have a lot to say. We hear about nature vs. nurture, capitalism vs. Marxism, and why you don’t tell your friends that your father is an economist.
Boosters say blockchain technology will usher in a brave new era of decentralization. Are they right — and would it be a dream or a nightmare? (Part 3 of "What Can Blockchain Do for You?")
Some of them are. With others, it’s more complicated (and more promising). We try to get past the Bored Apes and the ripoffs to see if we can find art on the blockchain. (Part 2 of "What Can Blockchain Do for You?")
No. But now is a good time to sort out the potential from the hype. Whether you’re bullish, bearish, or just confused, we’re here to explain what the blockchain can do for you. (Part 1 of a series.)
Kevin Kelly calls himself “the most optimistic person in the world.” And he has a lot to say about parenting, travel, A.I., being luckier — and why we should spend way more time on YouTube.
In ancient Rome, it was bread and circuses. Today, it’s a World Cup, an Olympics, and a new Saudi-backed golf league that’s challenging the P.G.A. Tour. Can a sporting event really repair a country’s reputation — or will it trigger the dreaded Streisand Effect?
When the world went into lockdown, experts predicted a rise in intimate-partner assaults. What actually happened was more complicated.
In this new podcast from the Freakonomics Radio Network, dog-cognition expert and bestselling author Alexandra Horowitz (Inside of a Dog) takes us inside the scruffy, curious, joyful world of dogs. This is the first episode of Off Leash; you can find more episodes in your podcast app now.
Educators and economists tell us all the reasons college enrollment has been dropping, especially for men, and how to stop the bleeding. (Part 4 of “Freakonomics Radio Goes Back to School.”)
As the Supreme Court considers overturning Roe v. Wade, we look back at Steve Levitt’s controversial research on an unintended consequence of the 1973 ruling.
Enrollment is down for the first time in memory, and critics complain college is too expensive, too elitist, and too politicized. The economist Chris Paxson — who happens to be the president of Brown University — does not agree. (Part 3 of “Freakonomics Radio Goes Back to School.”)
America’s top colleges are facing record demand. So why don’t they increase supply? (Part 2 of “Freakonomics Radio Goes Back to School.”)
We think of them as intellectual enclaves and the surest route to a better life. But U.S. colleges also operate like firms, trying to differentiate their products to win market share and prestige points. In the first episode of a special series, we ask what our chaotic system gets right — and wrong. (Part 1 of “Freakonomics Radio Goes Back to School.”)
The political scientist Yuen Yuen Ang argues that different forms of government create different styles of corruption. The U.S. and China have more in common than we’d like to admit — but Russia is a different story, which could explain its willingness to invade Ukraine.
The British art superstar Flora Yukhnovich, the Freakonomist Steve Levitt, and the upstart American Basketball Association were all unafraid to follow their joy — despite sneers from the Establishment. Should we all be more willing to embrace the déclassé?
After a huge false start, electric cars are finally about to flourish. We speak with a technology historian about this all-too-common story, and what it means for innovation everywhere.
Every year, there are more than a million collisions in the U.S. between drivers and deer. The result: hundreds of deaths, thousands of injuries, and billions in damages. Enter the wolf …
There are a lot of barriers to changing your mind: ego, overconfidence, inertia — and cost. Politicians who flip-flop get mocked; family and friends who cross tribal borders are shunned. But shouldn’t we be encouraging people to change their minds? And how can we get better at it ourselves?
Organized labor hasn’t had this much public support in 50 years, and yet the percentage of Americans in a union is near a record low. A.F.L-C.I.O. president Liz Shuler tries to explain this gap — and persuade Stephen Dubner that “the folks who brought you the weekend” still have the leverage to fix a broken economy.
People who are good at their jobs routinely get promoted into bigger jobs they’re bad at. We explain why firms keep producing incompetent managers — and why that’s unlikely to change.
In a new book called The Voltage Effect, the economist John List — who has already revolutionized how his profession does research — is trying to start a scaling revolution. In this installment of the Freakonomics Radio Book Club, List teaches us how to avoid false positives, how to know whether a given success is due to the chef or the ingredients, and how to practice “optimal quitting.”
Among O.E.C.D. nations, the U.S. has one of the highest rates of child poverty. Until recently, it looked as if Washington was about to change that. But then … Washington happened.
Adam Smith famously argued that specialization is the key to prosperity. In the N.F.L., the long snapper is proof of that argument. Just in time for the Super Bowl, here’s everything there is to know about a job that didn’t used to exist.
Behavioral scientists have been exploring if — and when — a psychological reset can lead to lasting change. We survey evidence from the London Underground, Major League Baseball, and New Year’s resolutions; we look at accidental fresh starts, forced fresh starts, and fresh starts that backfire. And we wonder: will the pandemic’s end provide the biggest fresh start ever?
Frisco used to be just another sleepy bedroom community outside of Dallas. Now it’s got corporate headquarters, billions of investment dollars, and a bunch of Democrats in a place that used to be deep red. Is Frisco nothing more than a suburb on steroids — or is it the future of the American city?
When Stephen Dubner learned that Dallas–Fort Worth will soon overtake Chicago as the third-biggest metro area in the U.S., he got on a plane to find out why. Despite getting stood up by the mayor, nearly drowning on a highway, and eating way too much barbecue, he came away impressed. (Part 1 of 2 — because even podcasts are bigger in Texas.)
Curses and other superstitions may have no basis in reality, but that doesn’t stop us from believing.
In this special episode of No Stupid Questions, Stephen Dubner and Angela Duckworth discuss the consequences of seeing every glass as at least half-full.
In this special episode of People I (Mostly) Admire, Steve Levitt speaks with the palliative physician B.J. Miller about modern medicine’s goal of “protecting a pulse at all costs.” Is there a better, even beautiful way to think about death and dying?
In this special episode of Freakonomics, M.D., host Bapu Jena looks at data from birthday parties, March Madness parties, and a Freakonomics Radio holiday party to help us all manage our risk of Covid-19 exposure.
Is art really meant to be an “asset class”? Will the digital revolution finally democratize a market that just keeps getting more elitist? And what will happen to the last painting Alice Neel ever made? (Part 3 of “The Hidden Side of the Art Market.”)
The more successful an artist is, the more likely their work will later be resold at auction for a huge markup — and they receive nothing. Should that change? Also: why doesn’t contemporary art impact society the way music and film do? (Part 2 of “The Hidden Side of the Art Market.”)
The art market is so opaque and illiquid that it barely functions like a market at all. A handful of big names get all the headlines (and most of the dollars). Beneath the surface is a tangled web of dealers, curators, auction houses, speculators — and, of course, artists. In the first episode of a three-part series, we meet the key players and learn how an obscure, long-dead American painter suddenly became a superstar. (Part 1 of “The Hidden Side of the Art Market.”)
Patients in the U.S. healthcare system often feel they’re treated with a lack of empathy. Doctors and nurses have tragically high levels of burnout. Could fixing the first problem solve the second? And does the rest of society need more compassion too?
You know the saying: “There are no shortcuts in life.” What if that saying is just wrong? In his new book Thinking Better: The Art of the Shortcut in Math and Life, the mathematician Marcus du Sautoy argues that shortcuts can be applied to practically anything: music, psychotherapy, even politics. Our latest installment of the Freakonomics Radio Book Club.
The U.S. is home to seven of the world’s 10 biggest companies. How did that happen? The answer may come down to two little letters: V.C. Is venture capital good for society, or does it just help the rich get richer? Stephen Dubner invests the time to find out.
A new book by an unorthodox political scientist argues that the two rivals have more in common than we’d like to admit. It’s just that most American corruption is essentially legal.
Evidence from Nazi Germany and 1940’s America (and pretty much everywhere else) shows that discrimination is incredibly costly — to the victims, of course, but also the perpetrators. One modern solution is to invoke a diversity mandate. But new research shows that’s not necessarily the answer.
In one of the earliest Freakonomics Radio episodes (No. 39!), we asked a bunch of economists with young kids how they approached child-rearing. Now the kids are old enough to talk — and they have a lot to say. We hear about nature vs. nurture, capitalism vs. Marxism, and why you sometimes don’t tell your friends that your father is an economist.
Arthur Brooks is an economist who for 10 years ran the American Enterprise Institute, one of the most influential conservative think tanks in the world. He has come to believe there is only one weapon that can defeat our extreme political polarization: love. Is Brooks a fool for thinking this — and are you perhaps his kind of fool?
Breaking news! Sources say American journalism exploits our negativity bias to maximize profits, and social media algorithms add fuel to the fire. Stephen Dubner investigates.
Verbal tic or strategic rejoinder? Whatever the case: it’s rare to come across an interview these days where at least one question isn’t a “great” one.
The N.B.A. superstar Chris Bosh was still competing at the highest level when a blood clot abruptly ended his career. In his new book, Letters to a Young Athlete, Bosh covers the highlights and the struggles. In this installment of the Freakonomics Radio Book Club, he talks with guest host Angela Duckworth.
The U.S. is an outlier when it comes to policing, as evidenced by more than 1,000 fatal shootings by police each year. But we’re an outlier in other ways too: a heavily-armed populace, a fragile mental-health system, and the fact that we spend so much time in our cars. Add in a history of racism and it’s no surprise that barely half of all Americans have a lot of confidence in the police. So what if we start to think about policing as … philanthropy?
Among O.E.C.D. nations, the U.S. has one of the highest rates of child poverty. How can that be? To find out, Stephen Dubner speaks with a Republican senator, a Democratic mayor, and a large cast of econo-nerds. Along the way, we hear some surprisingly good news: Washington is finally ready to attack the problem head-on.
When Richard Thaler published Nudge in 2008 (with co-author Cass Sunstein), the world was just starting to believe in his brand of behavioral economics. How did nudge theory hold up in the face of a global financial meltdown, a pandemic, and other existential crises? With the publication of a new, radically updated edition, Thaler tries to persuade Stephen Dubner that nudging is more relevant today than ever.
That’s what some health officials are saying, but the data aren’t so clear. We look into what’s known (and not known) about the prevalence and effects of loneliness — including the possible upsides.
In a conversation fresh from the Freakonomics Radio Network’s podcast laboratory, Michèle Flournoy (one of the highest-ranking women in Defense Department history) speaks with Cecil Haney (one of the U.S. Navy’s first Black four-star admirals) about nuclear deterrence, smart leadership, and how to do inclusion right.
Humans have a built-in “negativity bias,” which means we give bad news much more power than good. Would the Covid-19 crisis be an opportune time to reverse this tendency?
Air pollution is estimated to cause 7 million deaths a year and cost the global economy nearly $3 trillion. But is the true cost even higher? Stephen Dubner explores the links between pollution and cognitive function, and enlists two fellow Freakonomics Radio Network hosts in a homegrown experiment.
While other countries seem to build spectacular bridges, dams, and even entire cities with ease, the U.S. is stuck in pothole-fixing mode. We speak with an array of transportation nerds — including the secretary of transportation and his immediate predecessor — to see if a massive federal infrastructure package can put America back in the driver’s seat.
The environmentalists say we’re doomed if we don’t drastically reduce consumption. The technologists say that human ingenuity can solve just about any problem. A debate that’s been around for decades has become a shouting match. Is anyone right?
According to a decades-long research project, the U.S. is not only the most individualistic country on earth; we’re also high on indulgence, short-term thinking, and masculinity (but low on “uncertainty avoidance,” if that makes you feel better). We look at how these traits affect our daily lives and why we couldn’t change them even if we wanted to.
We often look to other countries for smart policies on education, healthcare, infrastructure, etc. But can a smart policy be simply transplanted into a country as culturally unusual (and as supremely WEIRD) as America?
The benefits of sleep are by now well established, and yet many people don’t get enough. A new study suggests we should channel our inner toddler and get 30 minutes of shut-eye in the afternoon. But are we ready for a napping revolution?
Nearly two percent of America is grassy green. Sure, lawns are beautiful and useful and they smell great. But are the costs — financial, environmental and otherwise — worth the benefits?
Bren Smith, who grew up fishing and fighting, is now part of a movement that seeks to feed the planet while putting less environmental stress on it. He makes his argument in a book called Eat Like a Fish; his secret ingredient: kelp. But don’t worry, you won’t have to eat it (not much, at least). An installment of The Freakonomics Radio Book Club.
Cecilia Rouse, the chair of the White House Council of Economic Advisors, is as cold-blooded as any economist. But she admits that her profession would do well to focus on policy that actually helps people. Rouse explains why President Biden wants to spend trillions of dollars to reshape the economy, and why — as the first Black chair of the C.E.A. — she has a good idea of what needs fixing.
Bapu Jena was already a double threat: a doctor who’s also an economist. Now he’s a podcast host too. In this sneak preview of the Freakonomics Radio Network’s newest show, Bapu discovers that marathons can be deadly — but not for the reasons you may think.
The pandemic may be winding down, but that doesn’t mean we’ll return to full-time commuting and packed office buildings. The greatest accidental experiment in the history of labor has lessons to teach us about productivity, flexibility, and even reversing the brain drain. But don’t buy another dozen pairs of sweatpants just yet.
The social psychologist Robert Cialdini is a pioneer in the science of persuasion. His 1984 book Influence is a classic, and he has just published an expanded and revised edition. In this episode of the Freakonomics Radio Book Club, he gives a master class in the seven psychological levers that bewitch our rational minds and lead us to buy, behave, or believe without a second thought.
The human foot is an evolutionary masterpiece, far more functional than we give it credit for. So why do we encase it in “a coffin” (as one foot scholar calls it) that stymies so much of its ability — and may create more problems than it solves?
The man who wants America to “think harder” has parlayed his quixotic presidential campaign into front-runner status in New York’s mayoral election. And he has some big plans.
It’s true that robots (and other smart technologies) will kill many jobs. It may also be true that newer collaborative robots (“cobots”) will totally reinvigorate how work gets done. That, at least, is what the economists are telling us. Should we believe them?
Backers of a $15 federal wage say it’s a no-brainer if you want to fight poverty. Critics say it’s a blunt instrument that leads to job loss. Even the economists can’t agree! We talk to a bunch of them — and a U.S. Senator — to sort it out, and learn there’s a much bigger problem to worry about.
The state-by-state rollout of legalized weed has given economists a perfect natural experiment to measure its effects. Here’s what we know so far — and don’t know — about the costs and benefits of legalization.
In this special crossover episode, People I (Mostly) Admire host Steve Levitt admits to No Stupid Questions co-host Angela Duckworth that he knows almost nothing about psychology. But once Angela gives Steve a quick tutorial on “goal conflict,” he is suddenly a fan. They also talk parenting, self-esteem, and how easy it is to learn econometrics if you feel like it.
Kidney failure is such a catastrophic (and expensive) disease that Medicare covers treatment for anyone, regardless of age. Since Medicare reimbursement rates are fairly low, the dialysis industry had to find a way to tweak the system if they wanted to make big profits. They succeeded.
Medicine has evolved from a calling into an industry, adept at dispensing procedures and pills (and gigantic bills), but less good at actual health. Most reformers call for big, bold action. What happens if, instead, you think small?
Why do so many promising solutions — in education, medicine, criminal justice, etc. — fail to scale up into great policy? And can a new breed of “implementation scientists” crack the code?
In a word: networks. Once it embraced information as its main currency, New York was able to climb out of a deep fiscal (and psychic) pit. Will that magic trick still work after Covid? In this installment of the Freakonomics Radio Book Club, guest host Kurt Andersen interviews Thomas Dyja, author of New York, New York, New York: Four Decades of Success, Excess and Transformation.
Behavioral scientists have been exploring if — and when — a psychological reset can lead to lasting change. We survey evidence from the London Underground, Major League Baseball, and New Year’s resolutions; we look at accidental fresh starts, forced fresh starts, and fresh starts that backfire. And we wonder: will the pandemic’s end provide the biggest fresh start ever?
Americans are so accustomed to the standard intersection that we rarely consider how dangerous it can be — as well as costly, time-wasting, and polluting. Is it time to embrace the lowly, lovely roundabout?
New York Times columnist Charles Blow argues that white supremacy in America will never fully recede, and that it’s time for Black people to do something radical about it. In The Devil You Know: A Black Power Manifesto, he urges a “reverse migration” to the South to consolidate political power and create a region where it’s safe to be Black. (This is an episode of the Freakonomics Radio Book Club.)
Researchers are trying to figure out who gets bored — and why — and what it means for ourselves and the economy. But maybe there’s an upside to boredom?
Not so long ago, G.E. was the most valuable company in the world, a conglomerate that included everything from light bulbs and jet engines to financial services and The Apprentice. Now it’s selling off body parts to survive. What does the C.E.O. who presided over the decline have to say for himself?
Most of us are are afraid to ask sensitive questions about money, sex, politics, etc. New research shows this fear is largely unfounded. Time for some interesting conversations!
Caitlin Doughty is a mortician who would like to put herself out of business. Our corporate funeral industry, she argues, has made us forget how to offer our loved ones an authentic sendoff. Doughty is the author of Smoke Gets in Your Eyes: And Other Lessons From the Crematory. In this installment of the Freakonomics Radio Book Club, she is interviewed by guest host Maria Konnikova.
For all the progress made in fighting cancer, it still kills 10 million people a year, and some types remain especially hard to detect and treat. Pancreatic cancer, for instance, is nearly always fatal. A new clinical-trial platform could change that by aligning institutions that typically compete against one another.
It’s a powerful biological response that has preserved our species for millennia. But now it may be keeping us from pursuing strategies that would improve the environment, the economy, even our own health. So is it time to dial down our disgust reflex? You can help fix things — as Stephen Dubner does in this episode — by chowing down on some delicious insects.
They can’t vote or hire lobbyists. The policies we create to help them aren’t always so helpful. Consider the car seat: parents hate it, the safety data are unconvincing, and new evidence suggests an unintended consequence that is as anti-child as it gets.
We’ve collected some of our favorite moments from People I (Mostly) Admire, the latest show from the Freakonomics Radio Network. Host Steve Levitt seeks advice from scientists and inventors, memory wizards and basketball champions — even his fellow economists. He also asks about quitting, witch trials, and whether we need a Manhattan Project for climate change.
Societies where people trust one another are healthier and wealthier. In the U.S. (and the U.K. and elsewhere), social trust has been falling for decades — in part because our populations are more diverse. What can we do to fix it?
In this episode of No Stupid Questions — a Freakonomics Radio Network show launched earlier this year — Stephen Dubner and Angela Duckworth debate why we watch, read, and eat familiar things during a crisis, and if it might in fact be better to try new things instead. Also: is a little knowledge truly as dangerous as they say?
Patients in the U.S. healthcare system often feel they’re treated with a lack of empathy. Doctors and nurses have tragically high levels of burnout. Could fixing the first problem solve the second? And does the rest of society need more compassion too?
The incoming president argues that the economy and the environment are deeply connected. This is reflected in his choice for National Economic Council director — Brian Deese, a climate-policy wonk and veteran of the no-drama-Obama era. But don’t mistake Deese’s lack of drama for a lack of intensity.
Tony Hsieh, the longtime C.E.O. of Zappos, was an iconoclast and a dreamer. Five years ago, we sat down with him around a desert campfire to talk about those dreams. Hsieh died recently from injuries sustained in a house fire; he was 46.
G.M. produces more than 20 times as many cars as Tesla, but Tesla is worth nearly 10 times as much. Mary Barra, the C.E.O. of G.M., is trying to fix that. We speak with her about the race toward an electrified (and autonomous) future, China and Trump, and what it’s like to be the “fifth-most powerful woman in the world.”
Google and Facebook are worth a combined $2 trillion, with the vast majority of their revenue coming from advertising. In our previous episode, we learned that TV advertising is much less effective than the industry says. Is digital any better? Some say yes, some say no — and some say we’re in a full-blown digital-ad bubble.
Companies around the world spend more than half-a-trillion dollars each year on ads. The ad industry swears by its efficacy — but a massive new study tells a different story.
The modern world overwhelms us with sounds we didn’t ask for, like car alarms and cell-phone “halfalogues.” What does all this noise cost us in terms of productivity, health, and basic sanity?
John Mackey, the C.E.O. of Whole Foods, has learned the perils of speaking his mind. But he still says what he thinks about everything from “conscious leadership” to the behavioral roots of the obesity epidemic. He also argues for a style of capitalism and politics that at this moment seems like a fantasy. What does he know that we don’t?
The sociologist Sudhir Venkatesh spent years studying crack dealers, sex workers, and the offspring of billionaires. Then he wandered into an even stranger world: social media. He spent the past five years at Facebook and Twitter. Now that he’s back in the real world, he’s here to tell us how the digital universe really works. In this pilot episode of a new podcast, Venkatesh interviews the progressive political operative Tara McGowan about her digital successes with the Obama campaign, her noisy failure with the Iowa caucus app, and why the best way for Democrats to win more elections was to copy the Republicans.
A fine reading of most policies for “business interruption” reveals that viral outbreaks aren’t covered. Some legislators are demanding that insurance firms pay up anyway. Is it time to rethink insurance entirely?
As beloved and familiar as they are, we rarely stop to consider life from the dog’s point of view. That stops now. In this latest installment of the Freakonomics Radio Book Club, we discuss Inside of a Dog with the cognitive scientist (and dog devotee) Alexandra Horowitz.
It isn’t just supply and demand. We look at the complicated history and skewed incentives that make “affordable housing” more punch line than reality in cities from New York and San Francisco to Flint, Michigan (!).
The pandemic has hit America's biggest city particularly hard. Amidst a deep fiscal hole, rising homicides, and a flight to the suburbs, some people think the city is heading back to the bad old 1970s. We look at the history — and the data — to see why that’s probably not the case.
It was only in his late twenties that America’s favorite brainiac began to seriously embrace his love of trivia. Now he holds the “Greatest of All Time” title on Jeopardy! Steve Levitt digs into how he trained for the show, what it means to have a "geographic memory," and why we lie to our children.
Three leading researchers from the Mount Sinai Health System discuss how ketamine, cannabis, and ecstasy are being used (or studied) to treat everything from severe depression to addiction to PTSD. We discuss the upsides, downsides, and regulatory puzzles.
The families of U.S. troops killed and wounded in Afghanistan are suing several companies that did reconstruction there. Why? These companies, they say, paid the Taliban protection money, which gave them the funding — and opportunity — to attack U.S. soldiers instead. A look at the messy, complicated, and heart-breaking tradeoffs of conflict-zone economies.
The dean of Yale’s School of Management grew up in a small village in Guyana. During his unlikely journey, he has researched video-gaming habits, communicable disease, and why so many African-Americans haven’t had the kind of success he’s had. Steve Levitt talks to Charles about his parents’ encouragement, his love of Sports Illustrated, and how he talks to his American-born kids about the complicated history of Blackness in America.
Trump says it would destroy us. Biden needs the voters who support it (especially the Bernie voters). The majority of millennials would like it to replace capitalism. But what is “it”? We bring in the economists to sort things out and tell us what the U.S. can learn from the good (and bad) experiences of other (supposedly) socialist countries.
Netflix co-founder Reed Hastings came to believe that corporate rules can kill creativity and innovation. In this latest edition of the Freakonomics Radio Book Club, guest host Maria Konnikova talks to Hastings about his new book, No Rules Rules, and why for some companies the greatest risk is taking no risks at all.
Thanks to daily Covid testing and regimented protocols, the new football season is underway. Meanwhile, most teachers, students, and parents are essentially waiting for the storm to pass. And school isn’t even a contact sport (usually).
She’s best known for playing neurobiologist Amy Farrah Fowler on The Big Bang Theory, but the award-winning actress has a rich life outside of her acting career, as a teacher, mother — and a real-life neuroscientist. Steve Levitt tries to learn more about this one-time academic and Hollywood non-conformist, who is both very similar to him and also quite his opposite.
We all know our political system is “broken” — but what if that’s not true? Some say the Republicans and Democrats constitute a wildly successful industry that has colluded to kill off competition, stifle reform, and drive the country apart. So what are you going to do about it?
We explore the science, scalability, and (of course) economics surrounding the global vaccine race. Guests include the chief medical officer of the first U.S. firm to go to Phase 3 trials with a vaccine candidate; a former F.D.A. commissioner who’s been warning of a pandemic for years; and an economist who thinks Covid-19 may finally change how diseases are cured.
A new interview show with host Steve Levitt. Today he speaks with the Harvard psychologist and linguist Steven Pinker. By cataloging the steady march of human progress, the self-declared “polite Canadian” has managed to enrage people on opposite ends of the political spectrum. Levitt tries to understand why.
What happens when tens of millions of fantasy-sports players are suddenly able to bet real money on real games? We’re about to find out. A recent Supreme Court decision has cleared the way to bring an estimated $300 billion in black-market sports betting into the light. We sort out the winners and losers.
The endless pursuit of G.D.P., argues the economist Kate Raworth, shortchanges too many people and also trashes the planet. Economic theory, she says, “needs to be rewritten” — and Raworth has tried, in a book called Doughnut Economics. It has found an audience among reformers, and now the city of Amsterdam is going whole doughnut.
Aisle upon aisle of fresh produce, cheap meat, and sugary cereal — a delicious embodiment of free-market capitalism, right? Not quite. The supermarket was in fact the endpoint of the U.S. government’s battle for agricultural abundance against the U.S.S.R. Our farm policies were built to dominate, not necessarily to nourish — and we are still living with the consequences.
Everyone agrees that massive deforestation is an environmental disaster. But most of the standard solutions — scolding the Brazilians, invoking universal morality — ignore the one solution that might actually work
Most Americans agree that racial discrimination has been, and remains, a big problem. But that is where the agreement ends.
The racial wealth gap in the U.S. is massive. We explore the causes, consequences, and potential solutions. Also: another story of discrimination and economic disparity, this one perpetrated by an international sporting authority. The first of a two-part series.
Christina Romer was a top White House economist during the Great Recession. As a researcher, she specializes in the Great Depression. She tells us what those disasters can (and can’t) teach us about the Covid crash.
Before she decided to become a poker pro, Maria Konnikova didn’t know how many cards are in a deck. But she did have a Ph.D. in psychology, a brilliant coach, and a burning desire to know whether life is driven more by skill or chance. She found some answers in poker — and in her new book The Biggest Bluff, she’s willing to tell us everything she learned.
Thanks to the pandemic, the telehealth revolution we’ve been promised for decades has finally arrived. Will it stick? Will it cut costs — and improve outcomes? We ring up two doctors and, of course, an economist to find out.
In this new addition to the Freakonomics Radio Network, co-hosts Stephen Dubner and Angela Duckworth discuss the relationship between age and happiness. Also: does all creativity come from pain? New episodes of "No Stupid Questions" are released every Sunday evening — please subscribe wherever you get your podcasts.
Millions and millions are out of work, with some jobs never coming back. We speak with four economists — and one former presidential candidate — about the best policy options and the lessons (good and bad) from the past.
Covid-19 is the biggest job killer in a century. As the lockdown eases, what does re-employment look like? Who will be first and who last? Which sectors will surge and which will disappear? Welcome to the Great Labor Reallocation of 2020.
In the U.S. alone, we hold 55 million meetings a day. Most of them are woefully unproductive, and tyrannize our offices. The revolution begins now — with better agendas, smaller invite lists, and an embrace of healthy conflict.
The accidental futurist Kevin Kelly on why enthusiasm beats intelligence, how to really listen, and why the solution to bad technology is more technology.
Three university presidents try to answer our listeners’ questions. The result? Not much pomp and a whole lot of circumstance.
Humans have a built-in “negativity bias,” which means we give bad news much more power than good. Would the Covid-19 crisis be an opportune time to reverse this tendency?
We speak with a governor, a former C.D.C. director, a pandemic forecaster, a hard-charging pharmacist, and a pair of economists — who say it’s all about the incentives. (Pandemillions, anyone?)
As a former top adviser to presidents Clinton and Obama, he believes in the power of the federal government. But as former mayor of Chicago, he says that cities are where real problems get solved — especially in the era of Covid-19.
The U.S. spent the past few decades waiting for China to act like the global citizen it said it wanted to be. The waiting may be over.
Should a nurse or doctor who gets sick treating Covid-19 patients have priority access to a potentially life-saving healthcare device? Americans aren’t used to rationing in medicine, but it’s time to think about it. We consult a lung specialist, a bioethicist, and (of course) an economist.
Covid-19 has shocked our food-supply system like nothing in modern history. We examine the winners, the losers, the unintended consequences — and just how much toilet paper one household really needs.
Congress just passed the biggest aid package in modern history. We ask six former White House economic advisors and one U.S. Senator: Will it actually work? What are its best and worst features? Where does $2 trillion come from, and what are the long-term effects of all that government spending?
There are a lot of upsides to urban density — but viral contagion is not one of them. Also: a nationwide lockdown will show if familiarity really breeds contempt. And: how to help your neighbor.
In just a few weeks, the novel coronavirus has undone a century’s worth of our economic and social habits. What consequences will this have on our future — and is there a silver lining in this very black pandemic cloud?
As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?
Trump says it would destroy us. Sanders says it will save us. The majority of millennials would like it to replace capitalism. But what is “it”? We bring in the economists to sort things out and tell us what the U.S. can learn from the good (and bad) experiences of other (supposedly) socialist countries.
That’s what some health officials are saying, but the data aren’t so clear. We look into what’s known (and not known) about the prevalence and effects of loneliness — including the possible upsides.
When he became chairman of the Federal Communications Commission, Ajit Pai announced that he was going to take a “weed whacker” to Obama-era regulations. So far, he’s kept his promise, and earned the internet’s ire for reversing the agency’s position on net neutrality. Pai defends his actions and explains how the U.S. can “win” everything from the 5G race to the war on robocalls.
Why do so many promising solutions — in education, medicine, criminal justice, etc. — fail to scale up into great policy? And can a new breed of “implementation scientists” crack the code?
We asked this same question nearly a decade ago. The answer then: probably not. But a lot has changed since then, and we’re three years into one of the most anomalous presidencies in American history. So once again we try to sort out presidential signal from noise. What we hear from legal and policy experts may leave you surprised, befuddled — and maybe infuriated.
One of the most storied (and valuable) sports franchises in the world had fallen far. So they decided to do a full reboot — and it worked: this week, they are headed back to the Super Bowl. Before the 2018 season, we sat down with the team’s owner, head coach, general manager, and players as they were plotting their turnaround. Here’s an update of that episode.
One prescription drug is keeping some addicts from dying. So why isn’t it more widespread? A story of regulation, stigma, and the potentially fatal faith in abstinence.
How pharma greed, government subsidies, and a push to make pain the “fifth vital sign” kicked off a crisis that costs $80 billion a year and has killed hundreds of thousands of Americans.
We all like to throw around terms that describe human behavior — “bystander apathy” and “steep learning curve” and “hard-wired.” Most of the time, they don’t actually mean what we think they mean. But don’t worry — the experts are getting it wrong, too.
There is strong evidence that exercise is wildly beneficial. There is even stronger evidence that most people hate to exercise. So if a pill could mimic the effects of working out, why wouldn’t we want to take it?
In a special holiday episode, Stephen Dubner and Angela Duckworth take turns asking each other questions about charisma, wealth vs. intellect, and (of course) grit.
A year ago, nobody was taking Andrew Yang very seriously. Now he is America’s favorite entrepre-nerd, with a candidacy that keeps gaining momentum. This episode includes our Jan. 2019 conversation with the leader of the Yang Gang and a fresh interview recorded from the campaign trail in Iowa.
Every year, Americans short the I.R.S. nearly half a trillion dollars. Most ideas to increase compliance are more stick than carrot — scary letters, audits, and penalties. But what if we gave taxpayers a chance to allocate how their money is spent, or even bribed them with a thank-you gift?
Innovation experts have long overlooked where a lot of innovation actually happens. The personal computer, the mountain bike, the artificial pancreas — none of these came from some big R&D lab, but from users tinkering in their homes. Acknowledging this reality — and encouraging it — would be good for the economy (and the soul too).
There are a lot of barriers to changing your mind: ego, overconfidence, inertia — and cost. Politicians who flip-flop get mocked; family and friends who cross tribal borders are shunned. But shouldn’t we be encouraging people to change their minds? And how can we get better at it ourselves?
A recent outbreak of illness and death has gotten everyone’s attention — including late-to-the-game regulators. But would a ban on e-cigarettes do more harm than good? We smoke out the facts.
For nearly a decade, governments have been using behavioral nudges to solve problems — and the strategy is catching on in healthcare, firefighting, and policing. But is that thinking too small? Could nudging be used to fight income inequality and achieve world peace? Recorded live in London, with commentary from Andy Zaltzman (The Bugle).
It’s an acutely haphazard way of paying workers, and yet it keeps expanding. We dig into the data to find out why.
Do economic sanctions work? Are big democracies any good at spreading democracy? What is the root cause of terrorism? It turns out that data analysis can help answer all these questions — and make better foreign-policy decisions. Guests include former Department of Defense officials Chuck Hagel and Michèle Flournoy and Chicago Project on Security and Threats researchers Robert Pape and Paul Poast. Recorded live in Chicago; Steve Levitt is co-host.
For decades, there’s been a huge gender disparity both on-screen and behind the scenes. But it seems like cold, hard data — with an assist from the actor Geena Davis — may finally be moving the needle.
It used to be a global capital of innovation, invention, and exploration. Now it’s best known for its messy European divorce. We visit London to see if the British spirit of discovery is still alive. Guests include the mayor of London, undersea explorers, a time-use researcher, and a theoretical physicist who helped Liverpool win the Champions League. Dan Schreiber from No Such Thing as a Fish rides shotgun.
In 2016, David Cameron held a referendum on whether the U.K. should stay in the European Union. A longtime Euroskeptic, he nevertheless led the Remain campaign. So what did Cameron really want? We ask him that and much more — including why he left office as soon as his side lost and what he’d do differently if given another chance. (Hint: not much.)
Most high-school math classes are still preparing students for the Sputnik era. Steve Levitt wants to get rid of the “geometry sandwich” and instead have kids learn what they really need in the modern era: data fluency.
Mary Daly rose from high-school dropout to president of the Federal Reserve Bank of San Francisco. She thinks the central bank needs an upgrade too. It starts with recognizing that the economy is made up of actual humans.
In the U.S. alone, we hold 55 million meetings a day. Most of them are woefully unproductive, and tyrannize our offices. The revolution begins now — with better agendas, smaller invite lists, and an embrace of healthy conflict.
It began as a post-war dream for a more collaborative and egalitarian workplace. It has evolved into a nightmare of noise and discomfort. Can the open office be saved, or should we all just be working from home?
What happens when tens of millions of fantasy-sports players are suddenly able to bet real money on real games? We’re about to find out. A recent Supreme Court decision has cleared the way to bring an estimated $300 billion in black-market sports betting into the light. We sort out the winners and losers.
Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™?
The quirky little grocery chain with California roots and German ownership has a lot to teach all of us about choice architecture, efficiency, frugality, collaboration, and team spirit.
Research shows that having a distinctively black name doesn’t affect your economic future. But what is the day-to-day reality of living with such a name? Marijuana Pepsi Vandyck, a newly-minted Ph.D., is well-qualified to answer this question. Her verdict: the data don’t tell the whole story.
A kid’s name can tell us something about his parents — their race, social standing, even their politics. But is your name really your destiny?
Aisle upon aisle of fresh produce, cheap meat, and sugary cereal — a delicious embodiment of free-market capitalism, right? Not quite. The supermarket was in fact the endpoint of the U.S. government’s battle for agricultural abundance against the U.S.S.R. Our farm policies were built to dominate, not necessarily to nourish — and we are still living with the consequences.
We all know our political system is “broken” — but what if that’s not true? Some say the Republicans and Democrats constitute a wildly successful industry that has colluded to kill off competition, stifle reform, and drive the country apart. So what are you going to do about it?
They — along with a great many other high-achieving women — were all once Girl Scouts. So was Sylvia Acevedo. Raised in a poor, immigrant family, she was told that “girls like her” didn’t go to college. But she did, and then became a rocket scientist and tech executive. Now she’s C.E.O. of the very organization she credits with shaping her life. Acevedo tells us how the Girl Scouts are trying to stay relevant, why they’re suing the Boy Scouts, and how they sell so many cookies.
The controversial theory linking Roe v. Wade to a massive crime drop is back in the spotlight as several states introduce abortion restrictions. Steve Levitt and John Donohue discuss their original research, the challenges to its legitimacy, and their updated analysis. Also: what this means for abortion policy, crime policy, and having intelligent conversations about contentious topics.
Takeru Kobayashi revolutionized the sport of competitive eating. What can the rest of us learn from his breakthrough?
There is strong evidence that exercise is wildly beneficial. There is even stronger evidence that most people hate to exercise. So if a pill could mimic the effects of working out, why wouldn’t we want to take it?
An all-star team of behavioral scientists discovers that humans are stubborn (and lazy, and sometimes dumber than dogs). We also hear about binge drinking, humblebragging, and regrets. Recorded live in Philadelphia with guests including Richard Thaler, Angela Duckworth, Katy Milkman, and Tom Gilovich.
Recorded live in San Francisco. Guests include the keeper of a 10,000-year clock, the co-founder of Lyft, a pioneer in male birth control, a specialist in water security, and a psychology professor who is also a puppy. With co-host Angela Duckworth, fact-checker Mike Maughan, and the Freakonomics Radio Orchestra.
Recorded live in Los Angeles. Guests include Mayor Eric Garcetti, the “Earthquake Lady,” the head of the Port of L.A., and a scientist with NASA’s Planetary Protection team. With co-host Angela Duckworth, fact-checker Mike Maughan, and the worldwide debut of Luis Guerra and the Freakonomics Radio Orchestra.
There are a lot of barriers to changing your mind: ego, overconfidence, inertia — and cost. Politicians who flip-flop get mocked; family and friends who cross tribal borders are shunned. But shouldn’t we be encouraging people to change their minds? And how can we get better at it ourselves?
Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don’t worry: we’ve got the solution.
The revolution in home DNA testing is giving consumers important, possibly life-changing information. It’s also building a gigantic database that could lead to medical breakthroughs. But how will you deal with upsetting news? What if your privacy is compromised? And are you prepared to have your DNA monetized? We speak with Anne Wojcicki, founder and C.E.O. of 23andMe.
As the cost of college skyrocketed, it created a debt burden that’s putting a drag on the economy. One possible solution: shifting the risk of debt away from students and onto investors looking for a cut of the graduates’ earning power.
Humans have been having kids forever, so why are modern parents so bewildered? The economist Emily Oster marshals the evidence on the most contentious topics — breastfeeding and sleep training, vaccines and screen time — and tells her fellow parents to calm the heck down.
Humans, it has long been thought, are the only animal to engage in economic activity. But what if we've had it exactly backward?
The banana used to be a luxury good. Now it’s the most popular fruit in the U.S. and elsewhere. But the production efficiencies that made it so cheap have also made it vulnerable to a deadly fungus that may wipe out the one variety most of us eat. Scientists do have a way to save it — but will Big Banana let them?
Daniel Ek, a 23-year-old Swede who grew up on pirated music, made the record labels an offer they couldn’t refuse: a legal platform to stream all the world’s music. Spotify reversed the labels’ fortunes, made Ek rich, and thrilled millions of music fans. But what has it done for all those musicians stuck in the long tail?
As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?
What your disgust level says about your politics, how Napoleon influenced opera, why New York City’s subways may finally run on time, and more. Five compelling guests tell Stephen Dubner, co-host Angela Duckworth, and fact-checker Jody Avirgan lots of things they didn’t know.
Kenji Lopez-Alt became a rock star of the food world by bringing science into the kitchen in a way that everyday cooks can appreciate. Then he dared to start his own restaurant — and discovered problems that even science can’t solve.
For years, Gary Cohn thought he’d be the next C.E.O. of Goldman Sachs. Instead, he became the “adult in the room” in a chaotic administration. Cohn talks about the fights he won, the fights he lost, and the fights he was no longer willing to have. Also: why he and Trump are still on speaking terms even after he reportedly called the president “a professional liar.”
The road to success is paved with failure, so you might as well learn to do it right. (Ep. 5 of the “How to Be Creative” series.)
Whether you’re building a business or a cathedral, execution is everything. We ask artists, scientists, and inventors how they turned ideas into reality. And we find out why it’s so hard for a group to get things done — and what you can do about it. (Ep. 4 of the “How to Be Creative” series.)
Whether you’re mapping the universe, hosting a late-night talk show, or running a meeting, there are a lot of ways to up your idea game. Plus: the truth about brainstorming. (Ep. 3 of the “How to Be Creative” series.)
Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™?
In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis — and he offers a solution. Is it stronger governments? Freer markets? Rajan’s answer: neither.
Stephen Dubner’s conversation with the former N.F.L. player, union official, and all-around sports thinker, recorded for our “Hidden Side of Sports” series.
If you think talent and hard work give top athletes all the leverage to succeed, think again. As employees in the Sports-Industrial Complex, they’ve got a tight earnings window, a high injury rate, little choice in where they work — and a very early forced retirement. (Ep. 6 of “The Hidden Side of Sports” series.)
A conversation with the Shark Tank star, entrepreneur, and Dallas Mavericks owner recorded for the Freakonomics Radio series “The Hidden Side of Sports.”
For most of us, the athletes are what make sports interesting. But if you own the team or run the league, your players are essentially very expensive migrant workers who eat into your profits. We talk to N.F.L., N.B.A., and U.F.C. executives about labor costs, viewership numbers, legalized gambling, and the rise of e-sports. (Ep. 5 of “The Hidden Side of Sports” series.)
A conversation with former Major League Baseball player and current ESPN analyst Mark Teixeira, recorded for the Freakonomics Radio series “The Hidden Side of Sports.”
Great athletes aren’t just great at the physical stuff. They’ve also learned how to handle pressure, overcome fear, and stay focused. Here’s the good news: you don’t have to be an athlete to use what they know. (Ep. 4 of “The Hidden Side of Sports” series.)
Jim Yong Kim has an unorthodox background for a World Bank president — and his reign has been just as unorthodox. He has just announced he’s stepping down, well before his term is over; we recorded this interview with him in 2015.
In the American Dream sweepstakes, Andrew Yang was a pretty big winner. But for every winner, he came to realize, there are thousands upon thousands of losers — a “war on normal people,” he calls it. Here’s what he plans to do about it.
The U.N.’s World Happiness Report — created to curtail our unhealthy obsession with G.D.P. — is dominated every year by the Nordic countries. We head to Denmark to learn the secrets of this happiness epidemic (and to see if we should steal them).
Games are as old as civilization itself, and some people think they have huge social value regardless of whether you win or lose. Tom Whipple is not one of those people. That’s why he consulted an army of preposterously overqualified experts to find the secret to winning any game.
You wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. The founder of behavioral economics describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time.
Our co-host is comedian Christian Finnegan, and we learn: the difference between danger and fear; the role of clouds in climate change; and why (and when) politicians are bad at math. Washington Post columnist Alexandra Petri is our real-time fact-checker.
We learn how to be less impatient, how to tell fake news from real, and the simple trick that nurses used to make better predictions than doctors. Journalist Manoush Zomorodi co-hosts; our real-time fact-checker is the author and humorist A.J. Jacobs.
Celebrity chef Alex Guarnaschelli joins us to co-host an evening of delicious fact-finding: where a trillion oysters went, whether a soda tax can work, and how beer helped build an empire. Washington Post columnist Alexandra Petri is our real-time fact-checker.
Our co-host is Grit author Angela Duckworth, and we learn fascinating, Freakonomical facts from a parade of guests. For instance: what we all get wrong about Darwin; what an iPod has in common with the “hell ant”; and how a “memory athlete” memorizes a deck of cards. Mike Maughan is our real-time fact-checker.
In the early 20th century, Max Weber argued that Protestantism created wealth. Finally, there are data to prove if he was right. All it took were some missionary experiments in the Philippines and a clever map-matching trick that goes back to 16th-century Germany.
The quirky little grocery chain with California roots and German ownership has a lot to teach all of us about choice architecture, efficiency, frugality, collaboration, and team spirit.
Some people argue that sugar should be regulated, like alcohol and tobacco, on the grounds that it’s addictive and toxic. How much sense does that make? We hear from a regulatory advocate, an evidence-based skeptic, a former F.D.A. commissioner — and the organizers of Milktoberfest.
It began as a post-war dream for a more collaborative and egalitarian workplace. It has evolved into a nightmare of noise and discomfort. Can the open office be saved, or should we all just be working from home?
The Ford Motor Company is ditching its legacy sedans, doubling down on trucks, and trying to steer its stock price out of a long skid. But C.E.O. Jim Hackett has even bigger plans: to turn a century-old automaker into the nucleus of a “transportation operating system.” Is Hackett just whistling past the graveyard, or does he see what others can’t?
We all know our political system is “broken” — but what if that’s not true? Some say the Republicans and Democrats constitute a wildly successful industry that has colluded to kill off competition, stifle reform, and drive the country apart. So what are you going to do about it?
A conversation with the iconic singer-songwriter, recorded for the Freakonomics Radio series “How to Be Creative.”
Family environments and “diversifying experiences” (including the early death of a parent); intrinsic versus extrinsic motivations; schools that value assessments, but don't assess the things we value. All these elements factor into the long, mysterious march towards a creative life. To learn more, we examine the early years of Ai Weiwei, Rosanne Cash, Elvis Costello, Maira Kalman, Wynton Marsalis, Jennifer Egan, and others. (Ep. 2 of the “How to Be Creative” series.)
A conversation with veteran NBA point guard Jeremy Lin, recorded for the Freakonomics Radio series “The Hidden Side of Sports.”
There are thousands of books on the subject, but what do we actually know about creativity? In this new series, we talk to the researchers who study it as well as artists, inventors, and pathbreakers who live it every day: Ai Weiwei, James Dyson, Elvis Costello, Jennifer Egan, Rosanne Cash, Wynton Marsalis, Maira Kalman, and more. (Ep. 1 of the “How to Be Creative” series.)
You said, “I’m sorry,” but somehow you haven’t been forgiven. Why? Because you’re doing it wrong! A report from the front lines of apology science.
The World Trade Organization is the referee for 164 trading partners, each with their own political and economic agendas. Lately, those agendas have gotten more complicated — especially with President Trump’s tariff blitz. Roberto Azevêdo, head of the W.T.O., tells us why it’s so hard to balance protectionism and globalism; what’s really behind the loss of jobs; and what he’d say to Trump (if he ever gets the chance).
A conversation with 2008 Olympic gold medalist Shawn Johnson, recorded for the Freakonomics Radio series “The Hidden Side of Sports.”
There are a lot of factors that go into greatness, many of which are not obvious. A variety of Olympic and professional athletes tell us how they made it and what they sacrificed to get there. And if you can identify the sport most likely to get a kid into a top college — well then, touché! (Ep. 3 of “The Hidden Side of Sports” series.)
Stephen Dubner’s conversations with members of the San Francisco 49ers offense, recorded for Freakonomics Radio episode No. 350, part of the “Hidden Side of Sports” series.
The San Francisco 49ers, one of the most valuable sports franchises in the world, also used to be one of the best. But they’ve been losing lately — a lot — and one of their players launched a controversy by taking a knee during the national anthem. So why is everyone there so optimistic? To find out, we speak with the team’s owner, head coach, general manager, and star players, including their new $137.5 million quarterback. (Ep. 2 of “The Hidden Side of Sports” series.)
Dollar-wise, the sports industry is surprisingly small, about the same size as the cardboard-box industry. So why does it make so much noise? Because it reflects — and often amplifies — just about every political, economic, and social issue of the day. Introducing a new series, “The Hidden Side of Sports.”
We all know the standard story: our economy would be more dynamic if only the government would get out of the way. The economist Mariana Mazzucato says we’ve got that story backward. She argues that the government, by funding so much early-stage research, is hugely responsible for big successes in tech, pharma, energy, and more. But the government also does a terrible job in claiming credit — and, more important, getting a return on its investment.
Kenji Lopez-Alt became a rock star of the food world by bringing science into the kitchen in a way that everyday cooks can appreciate. Then he dared to start his own restaurant — and discovered problems that even science can’t solve.
The environmentalists say we’re doomed if we don’t drastically reduce consumption. The technologists say that human ingenuity can solve just about any problem. A debate that’s been around for decades has become a shouting match. Is anyone right?
The U.N.’s World Happiness Report — created to curtail our unhealthy obsession with G.D.P. — is dominated every year by the Nordic countries. We head to Denmark to learn the secrets of this happiness epidemic (and to see if we should steal them).
After every mass shooting or terrorist attack, victims and survivors receive a huge outpouring of support — including a massive pool of compensation money. How should that money be allocated? We speak with the man who’s done that job after many tragedies, including 9/11. The hard part, it turns out, isn’t attaching a dollar figure to each victim; the hard part is acknowledging that dollars can’t heal the pain.
One of the world’s biggest and best-known companies just announced that its C.E.O. would be stepping down in the fall. We interviewed her as part of our series “The Secret Life of a C.E.O.," and we thought you might like to hear that episode again, or for the first time if you missed it back then.
In this live episode of “Tell Me Something I Don’t Know,” we learn why New York has skinny skyscrapers, how to weaponize water, and what astronauts talk about in space. Joining Stephen J. Dubner as co-host is the linguist John McWhorter; Bari Weiss (The New York Times) is the real-time fact-checker.
He was once the most lionized athlete on the planet, with seven straight Tour de France wins and a victory over cancer too. Then the doping charges caught up with him. When he finally confessed to Oprah, he admits, “it didn’t go well at all.” That’s because he wasn’t actually contrite yet. Now, five years later, he says he is. Do you believe him?
It happens to just about everyone, whether you’re going for Olympic gold or giving a wedding toast. We hear from psychologists, economists, and the golfer who some say committed the greatest choke of all time.
You wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. The founder of behavioral economics describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time.
After 8 years and more than 300 episodes, it was time to either 1) quit, or 2) make the show bigger and better. We voted for number 2. Here’s a peek behind the curtain and a preview of what you’ll be hearing next.
What do Renaissance painting, civil-rights movements, and Olympic cycling have in common? In each case, huge breakthroughs came from taking tiny steps. In a world where everyone is looking for the next moonshot, we shouldn’t ignore the power of incrementalism.
Has our culture's obsession with innovation led us to neglect the fact that things also need to be taken care of?
For soccer fans, it's easy. For the rest of us? Not so much, especially since the U.S. team didn't qualify. So here's what to watch for even if you have no team to root for. Because the World Cup isn't just a gargantuan sporting evént; it's a microcosm of human foibles and (yep) economic theory brought to life.
We are in the midst of a historic (and wholly unpredicted) rise in urbanization. But it's hard to retrofit old cities for the 21st century. Enter Dan Doctoroff. The man who helped modernize New York City — and tried to bring the Olympics there — is now C.E.O. of a Google-funded startup that is building, from scratch, the city of the future.
Nearly two percent of America is grassy green. Sure, lawns are beautiful and useful and they smell great. But are the costs — financial, environmental and otherwise — worth the benefits?
Pharmaceutical firms donate an enormous amount of their products (and some cash too). But it doesn't seem to be helping their reputation. We ask Pfizer's generosity chief why the company gives so much, who it really helps, and whether all this philanthropy is just corporate whitewashing.
Corporate Social Responsibility programs can attract better job applicants who'll work for less money. But they also encourage employees to misbehave. Don't laugh — you too probably engage in “moral licensing,” even if you don't know it.
We all like to throw around terms that describe human behavior — “bystander apathy” and “steep learning curve” and “hard-wired.” Most of the time, they don't actually mean what we think they mean. But don't worry — the experts are getting it wrong, too.
A breakthrough in genetic technology has given humans more power than ever to change nature. It could help eliminate hunger and disease; it could also lead to the sort of dystopia we used to only read about in sci-fi novels. So what happens next?
Sure, medical progress has been astounding. But today the U.S. spends more on healthcare than any other country, with so-so outcomes. Atul Gawande — cancer surgeon, public-health researcher, and best-selling author — has some simple ideas for treating a painfully complex system.
Three former White House economists weigh in on the new tax bill. A sample: "The overwhelming evidence is that the trickle-down, magic-beanstalk beans argument — that's just nonsense."
Kevin Hassett, chairman of the Council of Economic Advisers, explains the thinking behind the controversial new Republican tax package — and why its critics are wrong. (Next week, we'll hear from the critics.)
Stephen Dubner's conversation with the founder and longtime C.E.O. of Bridgewater Associates, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
Humans, it has long been thought, are the only animal to engage in economic activity. But what if we've had it exactly backward?
Stephen Dubner's conversation with the Facebook founder and C.E.O., recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
The bad news: roughly 70 percent of Americans are financially illiterate. The good news: all the important stuff can fit on one index card. Here's how to become your own financial superhero.
Stephen Dubner's conversation with the former C.E.O. of Yahoo, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
It's hard enough to save for a house, tuition, or retirement. So why are we willing to pay big fees for subpar investment returns? Enter the low-cost index fund. The revolution will not be monetized.
Stephen Dubner's conversation with the former longtime C.E.O. of General Electric, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
Every 12 years, there's a spike in births among certain communities across the globe, including the U.S. Why? Because the Year of the Dragon, according to Chinese folk belief, confers power, fortune, and more. We look at what happens to Dragon babies when they grow up, and why timing your kid's birth based on the zodiac isn't as ridiculous it sounds.
Stephen Dubner's conversation with the C.E.O. of Microsoft, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
Whether it's a giant infrastructure plan or a humble kitchen renovation, it'll inevitably take way too long and cost way too much. That's because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don't worry: we've got the solution.
Stephen Dubner's conversation with the co-founder and longtime co-C.E.O. of the Carlyle Group, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
In our collective zeal to reform schools and close the achievement gap, we may have lost sight of where most learning really happens — at home.
Stephen Dubner's conversation with the Virgin Group founder, recorded for the Freakonomics Radio series “The Secret Life of a C.E.O.”
If you're a C.E.O., there are a lot of ways to leave your job, from abrupt firing to carefully planned succession (which may still go spectacularly wrong). In this final episode of our "Secret Life of a C.E.O." series, we hear those stories and many more. Also: what happens when you no longer have a corner office to go to — and how will you spend all that money?​
Only 5 percent of Fortune 500 companies are run by women. Why? Research shows that female executives are more likely to be put in charge of firms that are already in crisis. Are they being set up to fail? (Part 5 of a special series, "The Secret Life of C.E.O.'s.")
No, it's not your fault the economy crashed. Or that consumer preferences changed. Or that new technologies have blown apart your business model. But if you're the C.E.O., it is your problem. So what are you going to do about it? First-hand stories of disaster (and triumph) from Mark Zuckerberg, Steve Ballmer, Satya Nadella, Jack Welch, Ellen Pao, Richard Branson, and more. (Part 4 of a special series, "The Secret Life of C.E.O.'s.")
The gig economy offers the ultimate flexibility to set your own hours. That's why economists thought it would help eliminate the gender pay gap. A new study, using data from over a million Uber drivers, finds the story isn't so simple.
We assembled a panel of smart dudes -- a two-time Super Bowl champ; a couple of N.F.L. linemen, including one who's getting a math Ph.D. at MIT; and our resident economist -- to tell you what to watch for, whether you're a football fanatic or a total newbie.
Indra Nooyi became C.E.O. of PepsiCo just in time for a global financial meltdown. She also had a portfolio full of junk food just as the world decided that junk food is borderline toxic. Here's the story of how she overhauled that portfolio, stared down activist investors, and learned to "leave the crown in the garage." (Part 3 of a special series, "The Secret Life of C.E.O.'s")
Mark Zuckerberg's dentist dad was an early adopter of digital x-rays. Jack Welch blew the roof off a factory. Carol Bartz was a Wisconsin farm girl who got into computers. No two C.E.O.'s have the same origin story — so we tell them all! How the leaders of Facebook, G.E., Yahoo!, PepsiCo, Microsoft, Virgin, the Carlyle Group, Reddit, and Bridgewater Associates made it to the top. (Part 2 of a special series, "The Secret Life of C.E.O.'s.")
They're paid a fortune — but for what, exactly? What makes a good C.E.O. — and how can you even tell? Is "leadership science" a real thing — or just airport-bookstore mumbo jumbo? We put these questions to Mark Zuckerberg, Richard Branson, Indra Nooyi, Satya Nadella, Jack Welch, Ray Dalio, Carol Bartz, David Rubenstein, and Ellen Pao. (Part 1 of a special series, "The Secret Life of C.E.O.'s.")
Gina Raimondo, the governor of tiny Rhode Island, has taken on unions, boosted big business, and made friends with Republicans. She is also one of just 15 Democratic governors in the country. Would there be more of them if there were more like her?
Most of us feel we face more headwinds and obstacles than everyone else — which breeds resentment. We also undervalue the tailwinds that help us — which leaves us ungrateful and unhappy. How can we avoid this trap?
Societies where people trust one another are healthier and wealthier. In the U.S. (and the U.K. and elsewhere), social trust has been falling for decades — in part because our populations are more diverse. What can we do to fix it?
Sure, markets generally work well. But for some transactions — like school admissions and organ transplants — money alone can't solve the problem. That's when you need a market-design wizard like Al Roth.
The International Monetary Fund has long been the "lender of last resort" for economies in crisis. Christine Lagarde, who runs the institution, would like to prevent those crises from ever happening. She tells us her plans.
The public has almost no chance to buy good tickets to the best events. Ticket brokers, meanwhile, make huge profits on the secondary markets. Here's the story of how this market got so dysfunctional, how it can be fixed – and why it probably won't be.
Economists have a hard time explaining why productivity growth has been shrinking. One theory: true innovation has gotten much harder – and much more expensive. So what should we do next?
Most people don't enjoy the simple, boring act of putting money in a savings account. But we do love to play the lottery. So what if you combine the two, creating a new kind of savings account with a lottery payout?
They are the most-trusted profession in America (and with good reason). They are critical to patient outcomes (especially in primary care). Could the growing army of nurse practitioners be an answer to the doctor shortage? The data say yes but —  big surprise — doctors' associations say no.
Dubner and his Freakonomics co-author Steve Levitt answer your questions about crime, traffic, real-estate agents, the Ph.D. glut, and how to not get eaten by a bear.
In this live episode of "Tell Me Something I Don't Know," you'll learn about carcass balancing, teen sleeping, and brand naming. Joining Stephen J. Dubner as co-host is Alex Wagner (CBS This Morning Saturday); author A.J. Jacobs (It's All Relative) is the live fact-checker.
Corporations and rich people donate billions to their favorite think tanks and foundations. Should we be grateful for their generosity — or suspicious of their motives?
Academic studies are nice, and so are Nobel Prizes. But to truly prove the value of a new idea, you have to unleash it to the masses. That's what a dream team of social scientists is doing — and we sat in as they drew up their game plan.
Celiac disease is thought to affect roughly one percent of the population. The good news: it can be treated by quitting gluten. The bad news: many celiac patients haven't been diagnosed. The weird news: millions of people without celiac disease have quit gluten – which may be a big mistake.
Smart government policies, good industrial relations, and high-end products have helped German manufacturing beat back the threats of globalization.
Stephen J. Dubner hosts an episode full of the world's most renowned behavior change experts, including Colin Camerer, Ayelet Fishbach, David Laibson, Max Bazerman, Katy Milkman, and Kevin Volpp. Angela Duckworth (psychologist and author of Grit) is our special guest co-host, with Mike Maughan (head of global insights at Qualtrics) as real-time fact-checker.
He's been U.S. Treasury Secretary, a chief economist for the Obama White House and the World Bank, and president of Harvard. He's one of the most brilliant economists of his generation (and perhaps the most irascible). And he thinks the Trump Administration is wrong on just about everything.
A language invented in the 19th century, and meant to be universal, it never really caught on. So why does a group of Esperantists from around the world gather once a year to celebrate their bond?
We explore votes for English, Indonesian, and … Esperanto! The search for a common language goes back millennia, but so much still gets lost in translation. Will technology finally solve that?
There are 7,000 languages spoken on Earth. What are the costs — and benefits — of our modern-day Tower of Babel?
John Urschel was the only player in the N.F.L. simultaneously getting a math Ph.D. at M.I.T. But after a new study came out linking football to brain damage, he abruptly retired. Here's the inside story — and a look at how we make decisions in the face of risk versus uncertainty.
By some estimates, medical error is the third-leading cause of death in the U.S. How can that be? And what's to be done? Our third and final episode in this series offers some encouraging answers.
How do so many ineffective and even dangerous drugs make it to market? One reason is that clinical trials are often run on "dream patients" who aren't representative of a larger population. On the other hand, sometimes the only thing worse than being excluded from a drug trial is being included.
We tend to think of medicine as a science, but for most of human history it has been scientific-ish at best. In the first episode of a three-part series, we look at the grotesque mistakes produced by centuries of trial-and-error, and ask whether the new era of evidence-based medicine is the solution.
Standing in line represents a particularly sloppy — and frustrating — way for supply and demand to meet. Why haven't we found a better way to get what we want? Is it possible that we secretly enjoy waiting in line? And might it even be (gulp) good for us?
The bad news: roughly 70 percent of Americans are financially illiterate. The good news: all the important stuff can fit on one index card. Here's how to become your own financial superhero.
It's hard enough to save for a house, tuition, or retirement. So why are we willing to pay big fees for subpar investment returns? Enter the low-cost index fund. The revolution will not be monetized.
The human foot is an evolutionary masterpiece, far more functional than we give it credit for. So why do we encase it in "a coffin" (as one foot scholar calls it) that stymies so much of its ability — and may create more problems than it solves?
Good intentions are nice, but with so many resources poured into social programs, wouldn't it be even nicer to know what actually works?
Over 40 percent of U.S. births are to unmarried mothers, and the numbers are especially high among the less-educated. Why? One argument is that the decline in good manufacturing jobs led to a decline in "marriageable" men. Surely the fracking boom reversed that trend, right?
How a pain-in-the-neck girl from rural Virginia came to run the most powerful university in the world.
Charles Koch, the mega-billionaire CEO of Koch Industries and half of the infamous political machine, sees himself as a classical liberal. So why do most Democrats hate him so much? In a rare series of interviews, he explains his political awakening, his management philosophy, and why he supports legislation that goes against his self-interest.
Charles Koch, the mega-billionaire CEO of Koch Industries and half of the infamous political machine, sees himself as a classical liberal. So why do most Democrats hate him so much? In a rare series of interviews, he explains his political awakening, his management philosophy and why he supports legislation that goes against his self-interest.
Steve Levitt, Scott Turow and Bridget Gainer are panelists. For the "Freakonomics" co-author, the attorney and novelist, and the Cook County commissioner it's "game on!" as they tackle competition of all kinds: athletic, sexual, geopolitical, and the little-known battle between butter and margarine that landed in the Supreme Court. WBEZ's Tricia Bobeda, co-host of the "Nerdette" podcast, is fact-checker.
A breakthrough in genetic technology has given humans more power than ever to change nature. It could help eliminate hunger and disease; it could also lead to the sort of dystopia we used to only read about in sci-fi novels. So what happens next?Help us meet the Freakonomics Radio listener challenge. If 500 of you become sustaining members at just $7/month before June 30th we'll unlock an additional $25,000 from the Tow Foundation. Become a member now!
Steve Hilton was the man behind David Cameron's push to remake British politics. Things didn't work out so well there. Now he's trying to launch a new political revolution – from sunny California.
Nearly two percent of America is grassy green. Sure, lawns are beautiful and useful and they smell great. But are the costs — financial, environmental and otherwise — worth the benefits?
A series of academic studies suggest that the wealthy are, to put it bluntly, selfish jerks. It's an easy narrative to swallow — but is it true? A trio of economists set out to test the theory. All it took was a Dutch postal worker's uniform, some envelopes stuffed with cash, and a slight sense of the absurd.
As CEO of Microsoft, Steve Ballmer was famous for over-the-top enthusiasm. Now he's brought that same passion to the N.B.A. -- and to a pet project called USAFacts, which performs a sort of fiscal colonoscopy on the American government.
On the Internet, people say all kinds of things they'd never say aloud -- about sex and race, about their true wants and fears. Seth Stephens-Davidowitz has spent years parsing the data. His conclusion: our online searches are the reflection of our true selves. In the real world, everybody lies.
A kitchen wizard and a nutrition detective talk about the perfect hamburger, getting the most out of garlic, and why you should use vodka in just about everything.
Some people argue that sugar should be regulated, like alcohol and tobacco, on the grounds that it's addictive and toxic. How much sense does that make? We hear from a regulatory advocate, an evidence-based skeptic, a former FDA commissioner — and the organizers of Milktoberfest.
In pursuit of a more perfect economy, we discuss the future of work; the toxic remnants of colonization; and whether giving everyone a basic income would be genius -- or maybe the worst idea ever.
If we could reboot the planet and create new systems and institutions from scratch, would they be any better than what we've blundered our way into through trial and error? This is the first of a series of episodes that we'll release over several months. Today we start with — what else? — economics. You'll hear from Nobel laureate Angus Deaton, the poverty-fighting superhero Jeff Sachs; and many others.
The biggest problem with humanity is humans themselves. Too often, we make choices — what we eat, how we spend our money and time — that undermine our well-being. An all-star team of academic researchers thinks it has the solution: perfecting the science of behavior change. Will it work?
By day, two leaders of Britain's famous Nudge Unit use behavioral tricks to make better government policy. By night, they repurpose those tricks to improve their personal lives. They want to help you do the same.
Hear live journalism wrapped in a game show package and hosted by Stephen J. Dubner. In this episode, Tim Ferriss, Eugene Mirman and Anne Pasternak are panelists. The self-help guru, the comedian and the Brooklyn Museum director talk about brainwaves, sugar, stars and — thanks to fact-checker AJ Jacobs — barf bags.
Economists preach the gospel of "creative destruction," whereby new industries -- and jobs -- replace the old ones. But has creative destruction become too destructive?
Most of us feel we face more headwinds and obstacles than everyone else — which breeds resentment. We also undervalue the tailwinds that help us — which leaves us ungrateful and unhappy. How can we avoid this trap?
The pizza-and-gaming emporium prides itself on affordability, which means its arcade games are really cheap to play. Does that lead to kids hogging the best games — and parents starting those infamous YouTube brawls?
The serial entrepreneur Miki Agrawal loves to talk about the bodily functions that make most people flinch. That's why she's building a business around the three P's: periods, pee, and poop.
In their chase for a global audience, American movie studios spend billions to make their films look amazing. But almost none of those dollars stay in America. What would it take to bring those jobs back -- and would it be worth it?
What happens when a public-health researcher deep in coal country argues that mountaintop mining endangers the entire community? Hint: it doesn't go very well.
The psychologist Angela Duckworth argues that a person's level of stick-to-itiveness is directly related to their level of success. No big surprise there. But grit, she says, isn't something you're born with — it can be learned. Here's how.
We assembled a panel of smart dudes -- a two-time Super Bowl champ; a couple of NFL linemen, including one who's getting a math Ph.D. at MIT; and our resident economist -- to tell you what to watch for, whether you're a football fanatic or a total newbie.
For years, economists promised that global free trade would be mostly win-win. Now they admit the pace of change has been "traumatic." This has already led to a political insurrection -- so what's next?
Just a few decades ago, more than 90 percent of 30-year-olds earned more than their parents had earned at the same age. Now it's only about 50 percent. What happened -- and what can be done about it?
The Daily Show host grew up as a poor, mixed-race South African kid going to three churches every Sunday. So he has a sui generis view of America — especially on race, politics, and religion — and he's not afraid to speak his mind.
Starting in the late 1960s, the Israeli psychologists Amos Tversky and Danny Kahneman began to redefine how the human mind actually works. Michael Lewis's new book The Undoing Project explains how the movement they started -- now known as behavioral economics -- has had such a profound effect on academia, governments, and society at large.
What if the thing we call "talent" is grotesquely overrated? And what if deliberate practice is the secret to excellence? Those are the claims of the research psychologist Anders Ericsson, who has been studying the science of expertise for decades. He tells us everything he's learned.
In this busy time of year, we could all use some tips on how to get more done in less time. First, however, a warning: there's a big difference between being busy and being productive.
By some estimates, medical error is the third-leading cause of death in the U.S. How can that be? And what's to be done? Our third and final episode in this series offers some encouraging answers.
How do so many ineffective and even dangerous drugs make it to market? One reason is that clinical trials are often run on "dream patients" who aren't representative of a larger population. On the other hand, sometimes the only thing worse than being excluded from a drug trial is being included.
We tend to think of medicine as a science, but for most of human history it has been scientific-ish at best. In the first episode of a three-part series, we look at the grotesque mistakes produced by centuries of trial-and-error, and ask whether the new era of evidence-based medicine is the solution.
The restaurant business model is warped: kitchen wages are too low to hire cooks, while diners are put in charge of paying the waitstaff. So what happens if you eliminate tipping, raise menu prices, and redistribute the wealth? New York restaurant maverick Danny Meyer is about to find out.
Some of our most important decisions are shaped by something as random as the order in which we make them. The gambler's fallacy, as it's known, affects loan officers, federal judges -- and probably you too. How to avoid it? The first step is to admit just how fallible we all are.
"Tell Me Something I Don't Know" is a live game show hosted by Stephen J. Dubner of "Freakonomics Radio." He has always had a mission: to tell you the things you thought you knew but didn't, and things you never thought you wanted to know, but do. Now, with "TMSIDK," he has a new way of doing just that. This new show is still journalism, still factual -- but disguised in the most entertaining, unexpected, and occasionally ridiculous conversation you're likely to hear.Audience contestants come on stage and try to wow a panel of experts with a fascinating fact, a historical wrinkle, a new line of research -- anything, really, as long as it's interesting, useful and true (or at least true-ish). The panel -- an ever-changing mix of comedians, brainiacs, and other high achievers -- poke and prod the contestants, and ultimately choose a winner. And there's a real-time, human fact-checker on hand to filter out the bull.This debut episode features Barnard College president Debora Spar, New York Public Library president Tony Marx, and comedian Andy Zaltzman; Jody Avirgan from FiveThirtyEight handles the fact-checking. You can subscribe now on iTunes. And don't worry, Freakonomics Radio isn't going anywhere -- this is just a special bonus episode of Dubner's new side gig.
Societies where people trust one another are healthier and wealthier. In the U.S. (and the U.K. and elsewhere), social trust has been falling for decades -- in part because our populations are more diverse. What can we do to fix it?
The U.S. president is often called the "leader of free world." But if you ask an economist or a Constitutional scholar how much the occupant of the Oval Office matters, they won't say much. We look at what the data have to say about measuring leadership, and its impact on the economy and the country.
A tiny behavioral-sciences startup is trying to improve the way federal agencies do their work. Considering the size (and habits) of most federal agencies, this isn't so simple. But after a series of early victories -- and a helpful executive order from President Obama -- they are well on their way.
What do Renaissance painting, civil-rights movements, and Olympic cycling have in common? In each case, huge breakthroughs came from taking tiny steps. In a world where everyone is looking for the next moonshot, we shouldn't ignore the power of incrementalism.
Has our culture's obsession with innovation led us to neglect the fact that things also need to be taken care of?
Neuroscientists still have a great deal to learn about the human brain. One recent MRI study sheds some light, finding that a certain kind of storytelling stimulates enormous activity across broad swaths of the brain. The takeaway is obvious: you should be listening to even more podcasts.
The process is famously secretive (and conducted in Swedish!) but we pry the lid off at least a little bit.
It facilitates crime, bribery, and tax evasion -- and yet some governments (including ours) are printing more cash than ever. Other countries, meanwhile, are ditching cash entirely. And if Star Trek is right, we won't have money of any sort in the 24th century.
Sure, we all pay lip service to the Madisonian system of checks and balances. But as one legal scholar argues, presidents have been running roughshod over the system for decades. The result? An accumulation of power that's turned the presidency into a position the founders wouldn't have recognized.
Gary Johnson, the Libertarian Party's presidential candidate, likes to say that most Americans are libertarians but don't know it yet. So why can't Libertarians (and other third parties) gain more political traction?
To you, it's just a ride-sharing app that gets you where you're going. But to an economist, Uber is a massive repository of moment-by-moment data that is helping answer some of the field's most elusive questions.
Internet pioneer Kevin Kelly tries to predict the future by identifying what's truly inevitable. How worried should we be? Yes, robots will probably take your job -- but the future will still be pretty great.
The gist: we spend billions on end-of-life healthcare that doesn’t do much good. So what if a patient could forego the standard treatment and get a cash rebate instead?
The comedian, actor -- and now, author -- answers our FREAK-quently Asked Questions.
Standing in line represents a particularly sloppy - and frustrating - way for supply and demand to meet. Why haven't we found a better way to get what we want? Is it possible that we secretly enjoy waiting in line? And might it even be (gulp) good for us?
We seem to have decided that ethnic food tastes better when it's served by people of that ethnicity (or at least something close). Does this make sense -- and is it legal?
We Americans may love our democracy -- at least in theory -- but at the moment our feelings toward the federal government lie somewhere between disdain and hatred. Which electoral and political ideas should be killed off to make way for a saner system?
Overt discrimination in the labor markets may be on the wane, but women are still subtly penalized by all sorts of societal conventions. How can those penalties be removed without burning down the house?
It's a remarkable ecosystem that allows each of us to exercise control over our lives. But how much control do we truly have? How many of our decisions are really being made by Google and Facebook and Apple? And, perhaps most importantly: is the Internet's true potential being squandered?
Eric Garcetti, the mayor of Los Angeles, has big ambitions but knows he must first master the small stuff. He's also a polymath who relies heavily on data and new technologies. Could this be what modern politics is supposed to look like?
There are more than twice as many suicides as murders in the U.S., but suicide attracts far less scrutiny. Freakonomics Radio digs through the numbers and finds all kinds of surprises.
The U.S. president is often called the "leader of free world." But if you ask an economist or a Constitutional scholar how much the occupant of the Oval Office matters, they won't say much. We look at what the data have to say about measuring leadership, and its impact on the economy and the country.
There are all kinds of civics-class answers to that question. But how true are they? Could it be that we like to read about war, politics, and miscellaneous heartbreak simply because it's (gasp) entertaining?
Public bathrooms are noisy, poorly designed, and often nonexistent. What to do?
You've seen them — everywhere! — and often clustered together, as if central planners across America decided that what every city really needs is a Mattress District. There are now dozens of online rivals too. Why are there so many stores selling something we buy so rarely?
Patrick Smith, the author of Cockpit Confidential, answers every question we can throw at him about what really happens up in the air. Just don't get him started on pilotless planes -- or whether the autopilot is actually doing the flying.
When the uncelebrated Leicester City Football Club won the English Premier League, it wasn't just the biggest underdog story in recent history. It was a sign of changing economics — and that other impossible, wonderful events might be lurking just around the corner.
Our Self-Improvement Month concludes with a man whose entire life and career are one big pile of self-improvement. Nutrition? Check. Bizarre physical activities? Check. Working less and earning more? Check. Tim Ferriss, creator of the Four-Hour universe, may at first glance look like a charlatan, but it seems more likely that he's a wizard -- and the kind of self-improvement ally we all want on our side.
Games are as old as civilization itself, and some people think they have huge social value regardless of whether you win or lose. Tom Whipple is not one of those people. That's why he consulted an army of preposterously overqualified experts to find the secret to winning any game.
The psychologist Angela Duckworth argues that a person's level of stick-to-itiveness is directly related to their level of success. No big surprise there. But grit, she says, isn't something you're born with -- it can be learned. Here's how.
"Books are a pain in the ass," says Gladwell, who has written some of the most popular, influential, and beloved non-fiction books in recent history. In this wide-ranging and candid conversation, he describes other pains in the ass -- as well as his passions, his limits, and why he'll never take up golf.
What if the thing we call "talent" is grotesquely overrated? And what if deliberate practice is the secret to excellence? Those are the claims of the research psychologist Anders Ericsson, who has been studying the science of expertise for decades. He tells us everything he's learned.
It's Self-Improvement Month at Freakonomics Radio. We begin with a topic that seems to be on everyone's mind: how to get more done in less time. First, however, a warning: there's a big difference between being busy and being productive.
A lot of full-time jobs in the modern economy simply don't pay a living wage. And even those jobs may be obliterated by new technologies. What's to be done so that financially vulnerable people aren't just crushed? It may finally be time for an idea that economists have promoted for decades.
Critics -- including President Obama -- say short-term, high-interest loans are predatory, trapping borrowers in a cycle of debt. But some economists see them as a useful financial instrument for people who need them. As the Consumer Financial Protection Bureau promotes new regulation, we ask: who's right?
People who sleep better earn more money. Now all we have to do is teach everyone to sleep better.
Could a lack of sleep help explain why some people get much sicker than others?
As sexy as the digital revolution may be, it can't compare to the Second Industrial Revolution (electricity! the gas engine! antibiotics!), which created the biggest standard-of-living boost in U.S. history. The only problem, argues the economist Robert Gordon, is that the Second Industrial Revolution was a one-time event. So what happens next?
The restaurant business model is warped: kitchen wages are too low to hire cooks, while diners are put in charge of paying the waitstaff. So what happens if you eliminate tipping, raise menu prices, and redistribute the wealth? New York restaurant maverick Danny Meyer is about to find out.
The junior U.S. Senator from New Jersey thinks bipartisanship is right around the corner. Is he just an idealistic newbie or does he see a way forward that everyone else has missed?
Now and again, Freakonomics Radio puts hat in hand and asks listeners to donate to the public-radio station that produces the show. Why on earth should anyone pay good money for something that can be had for free? Here are a few reasons.
A famous economics essay features a pencil (yes, a pencil) arguing that “not a single person on the face of this earth knows how to make me.” Is the pencil just bragging? In any case, what can the pencil teach us about our global interdependence — and the proper role of government in the economy?
The digital age is making pen and paper seem obsolete. But what are we giving up if we give up on handwriting?
Okay, maybe the steps aren't so easy. But a program run out of a Toronto housing project has had great success in turning around kids who were headed for trouble.
If U.S. schoolteachers are indeed "just a little bit below average," it's not really their fault. So what should be done about it?
The Montgomery Bus Boycott, the South African divestment campaign, Chick-fil-A! Almost anyone can launch a boycott, and the media loves to cover them. But do boycotts actually produce the change they're fighting for?
Experts and pundits are notoriously bad at forecasting, in part because they aren't punished for bad predictions. Also, they tend to be deeply unscientific. The psychologist Philip Tetlock is finally turning prediction into a science -- and now even you could become a superforecaster.
Discrimination can't explain why women earn so much less than men. If only it were that easy.
Sure, we all want to make good personal decisions, but it doesn't always work out. That's where "temptation bundling" comes in.
A team of economists has been running the numbers on the U.N.'s development goals. They have a different view of how those billions of dollars should be spent.
The argument for open borders is compelling -- and deeply problematic.
One woman's quest to find the best burger in town can teach all of us to eat smarter.
He was handed the keys to the global economy just as it started heading off a cliff. Fortunately, he'd seen this movie before.
Even a brutal natural disaster doesn't diminish our appetite for procreating. This surely means we're heading toward massive overpopulation, right? Probably not.
In our collective zeal to reform schools and close the achievement gap, we may have lost sight of where most learning really happens -- at home.
Lessons from Tom Petty's rise and another rocker's fall.
A kitchen wizard and a nutrition detective talk about the perfect hamburger, getting the most out of garlic, and why you should use vodka in just about everything.
Researchers are trying to figure out who gets bored - and why - and what it means for ourselves and the economy. But maybe there's an upside to boredom?
Doctors, chefs, and other experts are much more likely than the rest of us to buy store-brand products. What do they know that we don't?
The process is famously secretive (and conducted in Swedish!) but we pry the lid off at least a little bit.
When one athlete turned pro, his mom asked him for $1 million. Our modern sensibilities tell us she doesn't have a case. But should she?
Anne-Marie Slaughter was best known for her adamant views on Syria when she accidentally became a poster girl for modern feminism. As it turns out, she can be pretty adamant in that realm as well.
Suspenders may work better, but the dork factor is too high. How did an organ-squeezing belly tourniquet become part of our everyday wardrobe -- and what other suboptimal solutions do we routinely put up with?
From domestic abusers to former child soldiers, there is increasing evidence that behavioral therapy can turn them around.
Conventional programs tend to be expensive, onerous, and ineffective. Could something as simple (and cheap) as cognitive behavioral therapy do the trick?
How a pain-in-the-neck girl from rural Virginia came to run the most powerful university in the world.
We spend billions on end-of-life healthcare that doesn't do much good. So what if a patient could forego the standard treatment and get a cash rebate instead?
Step 1: Hire a Harvard psych professor as the pitchman. Step 2: Have him help write the script ...
What do NASCAR drivers, Glenn Beck and the hit men of the NFL have in common?
There are all kinds of civics-class answers to that question. But how true are they? Could it be that we like to read about war, politics, and miscellaneous heartbreak simply because it's (gasp) entertaining?
Why is soccer the best sport? How has Harlan Coben sold 70 million books? And why does "Apollo 13" keep you enthralled even when you know the ending?
The comedian, actor -- and now, author -- answers our FREAK-quently Asked Questions
People who sleep better earn more money. Now all we have to do is teach everyone to sleep better.
Could a lack of sleep help explain why some people get much sicker than others?
Takeru Kobayashi revolutionized the sport of competitive eating. What can the rest of us learn from his breakthrough?
We seem to have decided that ethnic food tastes better when it's served by people of that ethnicity (or at least something close). Does this make sense -- and is it legal?
Sure, markets generally work well. But for some transactions -- like school admissions and organ transplants -- money alone can't solve the problem. That's when you need a market-design wizard like Al Roth.
Sure, sex crimes are horrific, and the perpetrators deserve to be punished harshly. But society keeps exacting costs -- out-of-pocket and otherwise -- long after the prison sentence has been served.
One man's attempt to remake his life in the mold of homo economicus.
The debut of a live game show from Freakonomics Radio, with judges Malcolm Gladwell, Ana Gasteyer, and David Paterson.
In which we argue that failure should not only be tolerated but celebrated.
Dubner and Levitt are live onstage at the 92nd Street Y in New York to celebrate their new book "When to Rob a Bank" -- and a decade of working together.
Zappos CEO Tony Hsieh has a wild vision and the dollars to try to make it real. But it still might be the biggest gamble in town.
When it comes to generating ideas and asking questions it can be really fruitful to have the mentality of an eight year old.
America's favorite statistical guru answers our FREAK-quently Asked Questions, and more.
It may seem like winning a valuable diamond is an unalloyed victory. It's not. It's not even clear that a diamond is so valuable.
The practice of medicine has been subsumed by the business of medicine. This is great news for healthcare shareholders -- and bad news for pretty much everyone else.
A lot of the conventional wisdom in medicine is nothing more than hunch or wishful thinking. A new breed of data detectives is hoping to change that.
If you are driving and kill a pedestrian, there's a good chance you'll barely be punished. Why?
Thick markets, thin markets, and the triumph of attributes over compatibility.
Sure, we all want to make good personal decisions, but it doesn't always work out. That's where "temptation bundling" comes in.
Every year, Edge.org asks its salon of big thinkers to answer one big question. This year's question borders on heresy: what scientific idea is ready for retirement?
Advertisers have always been adept at manipulating our emotions. Now they're using behavioral economics to get even better.
Jim Yong Kim has an unorthodox background for a World Bank president — and his reign thus far is just as unorthodox.
The White House is hosting an anti-terror summit next week. Summits being what they are, we try to offer some useful advice.
It's a centerpiece of U.S. climate policy and a sacred cow among environmentalists. Does it work?
Economists preach the gospel of "creative destruction," whereby new industries -- and jobs -- replace the old ones. But has creative destruction become too destructive?
As Kevin Kelly tells it, the hippie revolution and the computer revolution are nearly one and the same.
Verbal tic or strategic rejoinder? Whatever the case: it’s rare to come across an interview these days where at least one question isn’t a “great” one.
Influenza kills, but you’d never know it by how few of us get the vaccine.
Most people blame lack of time for being out of shape. So maybe the solution is to exercise more efficiently.
Imagine that both substances were undiscovered until today. How would we think about their relative risks?
Public bathrooms are noisy, poorly designed, and often nonexistent. What to do?
We spend billions on our pets, and one of the fastest-growing costs is pet "aftercare." But are those cremated remains you got back really from your pet?
Okay, maybe the steps aren’t so easy. But a program run out of a Toronto housing project has had great success in turning around kids who were headed for trouble.
If U.S. schoolteachers are indeed “just a little bit below average,” it’s not really their fault. So what should be done about it?
Boris Johnson -- mayor of London, biographer of Churchill, cheese-box painter and tennis-racket collector -- answers our FREAK-quently Asked Questions.
Even a brutal natural disaster doesn’t diminish our appetite for procreating. This surely means we’re heading toward massive overpopulation, right? Probably not.
Corporations around the world are consolidating like never before. If it’s good enough for companies, why not countries? Welcome to Amexico!
A lot! “The Economics of the Undead” is a book about dating strategy, job creation, and whether there should be a legal market for blood.
The debut of a live game show from Freakonomics Radio, with judges Malcolm Gladwell, Ana Gasteyer, and David Paterson.
The Norwegian government parleys massive oil wealth into huge subsidies for electric cars. Is that carbon laundering or just pragmatic environmentalism?
The science of what works -- and doesn't work -- in fund-raising
A team of economists has been running the numbers on the U.N.'s development goals. They have a different view of how those billions of dollars should be spent.
Markets are hardly perfect, but the results can be ugly when you try to subvert them.
What does it mean to pursue something that everyone else thinks is nuts? And what does it take to succeed?
Doctors, chefs, and other experts are much more likely than the rest of us to buy store-brand products. What do they know that we don’t?
Airbnb, Uber, Lyft, EatWith, and other companies in the “sharing economy” are practically daring government regulators to shut them down. The regulators are happy to comply.
The online universe doesn't have nearly as many rules, or rulemakers, as the real world. Discuss.
There ain't no such thing as a free parking spot. Somebody has to pay for it -- and that somebody is everybody.
A look at whether spite pays -- and if it even exists.
It's awkward, random, confusing -- and probably discriminatory too.
A kid's name can tell us something about his parents -- their race, social standing, even their politics. But is your name really your destiny?
It’s a hard question to answer, but we do our best.
Educational messaging looks good on paper but kids don’t respond to it -- and adults aren’t much better.
It isn’t easy to separate the guilty from the innocent, but a clever bit of game theory can help.
Takeru Kobayashi revolutionized the sport of competitive eating. What can the rest of us learn from his breakthrough?
Dubner and Levitt answer reader questions in this first installment of the “Think Like a Freak” Book Club.
Is it really in a restaurant’s best interest to give customers free bread or chips before they even order?
Every four years, the U.S. takes a look at the World Cup and develops a slight crush. What would it take to really fall in love?
In which we argue that failure should not only be tolerated but celebrated.
You know the saying: a winner never quits and a quitter never wins. To which Freakonomics Radio says ... Are you sure?
When it comes to generating ideas and asking questions it can be really fruitful to have the mentality of an eight year old.
Why learning to say “I don’t know” is one of the best things you can do.
Stephen Dubner and Steve Levitt talk about their new book and field questions about prestige, university life, and (yum yum) bacon.
If you are driving and kill a pedestrian, there's a good chance you'll barely be punished. Why?
When it comes to exercising outrage, people tend to be very selective. Could it be that humans are our least favorite animal?
Imagine that both substances were undiscovered until today. How would we think about their relative risks?
Unlike certain elected officials in Washington, mayors all over the country actually get stuff done. So maybe we should ask them to do more?
The war on cigarettes has been fairly successful in some places. But 1 billion humans still smoke -- so what comes next?
Thinking of Bitcoin as just a digital currency is like thinking about the Internet as just e-mail. Its potential is much more exciting than that.
In many ways, the gender gap is closing. In others, not so much. And that's not always a bad thing.
A psychology professor argues that the brain's greatest attribute is knowing what other people are thinking. And that a Queen song, played backwards, can improve your mind-reading skills.
Yes, it expands the mind but we usually don't retain much -- and then there's the opportunity cost.
In most countries, houses get more valuable over time. In Japan, a new buyer will often bulldoze the home. We'll tell you why.
The consequences of our low marriage rate -- and if the old model is less attractive, how about a new one?
The myths of modern marriage.
Thick markets, thin markets, and the triumph of attributes over compatibility.This episode is included in the Freakonomics #smartbinge podcast playlist at wnyc.org/smartbinge
The "beauty premium" is real, for everyone from babies to NFL quarterbacks.
The benefits of rumor-mongering
What "Sleep No More" and the Stanford Prison Experiment tell us about who we really are.
Dubner and Levitt talk about fixing the post office, putting cameras in the classroom, and wearing hats.
Most people blame lack of time for being out of shape. So maybe the solution is to exercise more efficiently.
A commitment device forces you to be the person you really want to be. What could possibly go wrong?
The Pope just gave it to the global economy with both barrels. Was he right to do so?
It’s easy to get that idea. But is the stereotype true?
More than 1 million people die worldwide each year from traffic accidents. But there's never been a safer time to drive.
It's time to do away with feel-good stories, gut hunches, and magical thinking.
Spontaneous order is everywhere if you know where to look for it.
The online universe doesn't have nearly as many rules, or rulemakers, as the real world. Discuss.
College tends to make people happier, healthier, and wealthier. But how?
What's a college degree really worth these days?
Being green is rarely a black-and-white issue -- but that doesn't stop marketers and politicians from pretending it is.
We spend billions on our pets, and one of the fastest-growing costs is pet "aftercare." But are those cremated remains you got back really from your pet?
The science of what works -- and doesn't work -- in fund-raising
Dubner and Levitt field your queries in this latest installment of our FREAK-quently Asked Questions.
A 19th-century Georgia land lottery may have something to teach us about today's income inequality.
Think you know how much parents matter? Think again. Economists crunch the numbers to learn the ROI on child-rearing.
Once upon a time, office workers across America lived in fear of a dreaded infirmity. Was the computer keyboard really the villain -- and did carpal tunnel syndrome really go away?
There are more than twice as many suicides as murders in the U.S., but suicide attracts far less scrutiny. Freakonomics Radio digs through the numbers and finds all kinds of surprises.
It's impossible to say for sure, but the Lebanese do remarkably well. Why?
Human beings love to predict the future, but we're quite terrible at it. So how about punishing all those bad predictions?
Chicago has given the world more than sausage, crooked politics, and Da Bears.
We worship the tradition of handing off a family business to the next generation. But is that really such a good idea?
Even American parents have a strong "son preference" -- which means that a newborn daughter can be bad news for a marriage.
You know the saying: a winner never quits and a quitter never wins. To which Freakonomics Radio says ... Are you sure?
The Encyclopedia of Ethical Failures catalogs the fiscal, sexual, and mental lapses of federal workers -- all with an eye toward preventing the next big mistake.
Is junk food an abomination or a modern miracle?
What does "Pride and Prejudice" have to do with nuclear deterrence?
What happens to your reputation when you're no longer around to defend it?
You might think that someone with a 50-50 chance of getting a fatal disease would want to know for sure -- but you would be wrong. What does this say about our supposed thirst for certainty?
Yet another reason to blame your parents for pretty much everything.
It's awkward, random, confusing -- and probably discriminatory too.
A glimpse into our driverless future.
Dubner and Levitt talk about circadian rhythms, gay marriage, autism, and whether "pay what you want" is everything it's cracked up to be.
If any other product failed 94 percent of the time, you'd probably stop using it. So why do we put up with burglar alarms?
A look at whether spite pays — and if it even exists.
Why is unemployment still so high? It may be because of something that happened well before the Great Recession.
An interview with Unabomber Ted Kaczynski, whose younger brother turned him in -- and what it says about the Boston bombers.
In many states, it is perfectly legal to not hire someone who smokes. Should employers also be able to weed out junk-food lovers or motorcyclists -- or anyone who wants to have a baby?
A kid's name can tell us something about his parents -- their race, social standing, even their politics. But is your name really your destiny?
Real tax reform may or may not ever happen. In the meantime, how about making the current system work a bit better?
Freakonomics asks a dozen smart people for their best ideas. Get ready for a fat tax, a sugar ban, and a calorie-chomping tapeworm.
The NCAA basketball tournament grabs a lot of eyeballs, but turning them into dollars hasn't always been easy -- even when the "talent" is playing for free.
There ain't no such thing as a free parking spot. Somebody has to pay for it -- and that somebody is everybody.
Sure, we all like to hear compliments. But if you're truly looking to get better at something, it's the negative feedback that will get you there.
In many ways, the gender gap is closing. In others, not so much. And that's not always a bad thing.
The gas tax doesn't work well, and it's only going to get worse. What's next?
No one wants mass shootings. Unfortunately, no one has a workable plan to stop them either.
It is startlingly easy to create false memories, especially in politics.
Levitt and Dubner go deep on "Freakonomics Experiments," a new research project that lets you take a chance on life.
Steve Levitt has a novel idea for helping people make tough decisions
The very long reach of Winston Churchill -- and how the British government is remaking copyright law.
Why do Hall of Fame inductees, Oscar winners, and Nobel laureates outlive their peers?
Levitt and Dubner answer your questions about driving, sneezing, and ladies’ nights. Plus a remembrance of Levitt’s sister Linda.
It's harder than you'd think to measure the value of a boss. But some enterprising economists have done just that -- and the news is good.
Dubner's childhood home goes from sacred to profane -- and then back again.
Who better than an economist to help with your shopping list?
College, at its best, is about learning to think. Stephen Dubner chats up three of his former professors who made the magic happen.
Economists are a notoriously self-interested bunch. But a British outfit called Pro Bono Economics is giving away its services to selected charities.
There are enough management consultants these days to form a small nation. But what do they actually do? And does it work?
Adding more train and bus lines looks like an environmental slam dunk. Until you start to do the math.
Turkey sex and chicken wings, selling souls and swapping organs, the power of the president and the price of wine: these are a few of our favorite things.
Is it as simple as going to the richest neighborhood you can find? Of course not ...
Politicians tell voters exactly what they want to hear, even when it makes no sense. Which is pretty much all the time.
We rely on polls and surveys to tell us how people will behave in the future. Too bad they're completely unreliable.
When you want to get rid of a nasty pest, one obvious solution comes to mind: just offer a cash reward. But be careful -- because nothing backfires quite like a bounty.
Sure, we love our computers and all the rest of our digital toys. But when it comes to real economic gains, can we ever match old-school innovations like the automobile and electricity?
Trying to go rustic by baking, brewing, and knitting at home can be terribly inefficient. And that's a wonderful thing.
The data show that poker is indeed a game of skill, not chance, and a Federal judge agrees. So why are players still being treated like criminals?
What "Sleep No More" and the Stanford Prison Experiment tell us about who we really are.
Binge drinking is a big problem at college football games. Oliver Luck -- father of No. 1 NFL pick Andrew, and the athletic director at West Virginia University -- had an unusual idea to help solve it.
What we know -- and don't know -- about the gazillions of dollars that never show up on anyone's books.
If you think working from home offers too many distractions, just think about what happens at the office.
College tends to make people happier, healthier, and wealthier. But how?
We know that summertime brings far too many fatal accidents. But you may be surprised if you dig into the numbers.
What's a college degree really worth these days?
Do host cities really get the benefits their boosters promise, or are they just engaging in some fiscal gymnastics?
What happens to your reputation when you're no longer around to defend it?
If we want our kids to thrive in school, maybe we should just pay them.
Levitt and Dubner answer your FREAK-quently Asked Questions about junk food, insurance, and how to make an economist happy.
Once a week, the British Prime Minister goes before the House of Commons for a lightning round of hard questions. Should the U.S. give it a try?
How using peer pressure -- and good, old-fashioned shame -- can push people to do the right thing.
Paying workers as little as possible seems smart -- unless you can make more money by paying them more.
To feed 7 billion people while protecting the environment, it would seem that going local is a no-brainer -- until you start looking at the numbers.
The NBA’s superstars are suddenly sporting Urkel glasses -- but is it more than a fashion statement?
How American food so got bad -- and why it's getting so much better.
Sure, we all dream of leaving the office forever. But what if it's bad for your health?
In a world where nearly everything is for sale, is it always okay to buy what isn’t yours?
At a time when people worry about every mile their food must travel, why is it okay to import most of our cut flowers from thousands of miles away?
What do you do when smart people keep making stupid mistakes? And: are we a nation of financial illiterates?
A new study says that yes, it is -- but try telling that to the United Nations officials who are preaching sustainability practices.
Does the future of food lie in its past – or inside a tank of liquid nitrogen? Also: how anti-social can you be on a social network?
If any other product failed 94 percent of the time, you’d probably stop using it. So why do we put up with burglar alarms?
How much does the President of the United States really matter? And: where did all the hitchhikers go? A pair of "attribution errors."
Women hold fewer than one in 10 patents. Why? And what are we missing out on?
Is booing an act of verbal vandalism or the last true expression of democracy? And: when you drive a Prius, are you guilty of “conspicuous conservation”?
Isn’t it time to admit that the U.S. economy doesn’t have a commander in chief?
Do more expensive wines taste better? And: what does one little rodent in a salad say about a restaurant’s future?
Measuring workplace morale -- and how to game the sick-day system.
The left and the right blame each other for pretty much everything, including slanted media coverage. Can they both be right?
A look at some non-obvious ways to lose weight.
A commitment device forces you to be the person you really want to be. What could possibly go wrong?
A football cheat sheet to help you sound like the smartest person at the party.
Education is the surest solution to a lot of problems. Except when it’s not.
We all know the answer is yes. But the data -- and Rudy Giuliani -- say no.
Levitt and Dubner answer your FREAK-quently Asked Questions about certifying politicians, irrational fears, and the toughest three words in the English language.
We know it's terribly dangerous to drive drunk. But heading home on foot isn't the solution.
The thrill of customization, via Pandora and a radical new teaching method
Tyler Cowen points fingers. There's plenty of blame to go around.
Clever ways to not waste our waste.
The science of charity, with economist John List.
There’s a nasty secret about hot-button topics like global warming: knowledge is not always power.
Our appetite for breast meat renders our holiday birds unable to reproduce.
Is booing an act of verbal vandalism—or the last true expression of democracy?
On Election Day, most people focus on the obvious winners and losers -- that is, the candidates. But we went looking for some of the strange side effects that elections produce.
We are constantly wowed by new technologies and policies meant to make childbirth better. But beware the unintended consequences.
High-stakes testing has produced some rotten apples. But they can be caught.
Did we needlessly scare ourselves into ditching a good thing? And, with millions of cars driving around with no passengers, should we be rooting for a renaissance?
The world is a more peaceful place today that at any time in history -- by a long, long shot.
You know the saying: a winner never quits and a quitter never wins. To which Freakonomics Radio says … Are you sure?
Human beings love to predict the future, but we're quite terrible at it. So how about punishing all those bad predictions?
There are more than twice as many suicides as murders in the U.S., but suicide attracts far less scrutiny. Freakonomics Radio digs through the numbers and finds all kinds of surprises.
Think you know how much parents matter? Think again. Economists crunch the numbers to learn the ROI on child-rearing.
We worship the tradition of handing off a family business to the next generation. But is that really such a good idea?
In restaurants and in life, bad things happen. But what happens next is just as important.
"Conspicuous conservation" is about showing off your environmental bona fides. In other words, if you lean green, there's extra value in being seen leaning green.
Freakonomics Radio hits the road, and plays some Quiz Bowl
What did Levitt and Dubner learn as kids from their dads?
Who is likelier to get to the fugitive first? When a fugitive is on the run, it’s not only the police he has to worry about. A bounty hunter could be coming after him, too.
What’s it like to wake up one day and realize Dad is a multi-billionaire? That's what happened to Warren Buffett’s son Peter -- who then started to think about whether or not to join the family business.
Does Las Vegas increase your risk of suicide? A researcher embeds himself in the city where Americans are most likely to kill themselves.
In our second round of FREAK-quently Asked Questions, Steve Levitt answers some queries from listeners and readers.
It won’t work for everyone, but there’s a cheap, quick, and simple way to lift some students’ grades.
We talk to a U.S. Geological Survey physicist about the science -- and folly -- of predicting earthquakes. There are lots of known knowns; and, fortunately, not too many unknown unknowns. But it's the known unknowns -- the timing of the next Big One -- that are the most dangerous.
Fire deaths in the U.S. have fallen 90 percent over the past 100 years, a great and greatly underappreciated gain. How did it happen -- and could we ever get to zero?
For decades, GDP has been the yardstick for measuring living standards around the world. Martha Nussbaum would rather use something that actually works.
To get a lot of followers on Twitter, do you need to follow a lot of other Tweeps? And if not, why not?
Since the beginning of civilization, we’ve thought that human waste was worthless and dangerous. What if we were wrong?
Five things you don’t know about the NFL labor standoff
Could it be that cities are "our greatest invention" -- that, despite a reputation as black-soot-spewing engines of doom, they in fact make us richer, smarter, happier and (believe it!) greener?
It's not about how much something hurts -- it's how you remember the pain. This week, lessons on pain from the New York City subway, the professional hockey rink, and a landmark study of colonoscopy patients. So have a listen; we promise, it won't hurt a bit.
What do a computer hacker, an Indiana farm boy, and Napoleon Bonaparte have in common? The past, present, and future of food science.
The "molecular gastronomy" movement -- which gets a bump in visibility next month with the publication of the mammoth cookbook "Modernist Cuisine" -- is all about bringing more science into the kitchen. In many ways, it's the opposite of the "slow food" movement. In this episode, you'll hear chieftains from the two camps square off: Alice Waters for the slow foodies and Nathan Myhrvold for the mad scientists. Bon appetit!
Levitt and Dubner field questions from the public and hold forth on everything from dating strategies and rock-and-roll accordion music to whether different nations have different economic identities. Oh, and also: is it worthwhile to vote?
How economics -- and emotion -- have turned our garbage into such a mess
Having already amassed an eventful resume -- the Clinton White House, the Department of Justice, and Bertelsmann -- Joel I. Klein spent the past eight years at chancellor of the biggest school system in the country. So what'd he learn?
What happens when the most disturbing ideas are also the best?
They should! It's a cardinal rule: more expensive items are supposed to be qualitatively better than their cheaper versions. But is that true for wine?
It’s the banking tool that got millions of people around the world to stop wasting money on the lottery. So why won't state and federal officials in the U.S. give it a chance?
For the most part, Americans don't like the simple, boring act of putting money in a savings account. We do, however, love to play the lottery. So what if you combined the two, creating a new kind of savings account with a lottery payout?
The U.S. president is often called the "leader of free world." But if you ask an economist or a Constitutional scholar how much the occupant of the Oval Office matters, they won't say much. We look at what the data have to say about measuring leadership, and its impact on the economy and the country.
The NFL is very good at making money. So why on earth doesn't it sell ad space on the one piece of real estate that football fans can’t help but see: the players themselves? The explanation is trickier than you might think. It has to do with Peyton Manning, with Eli Manning, and with ... wait for it ... Tevye.
Government and the private sector often feel far apart. One is filled with compliance-driven bureaucracy. The other, with market-fueled innovation. But something is changing in a multi-billion dollar corner of the Department of Education. It's an experiment, which takes cues from the likes of Google and millionaires who hope to go to the moon.
It was a pretty good baseball season -- especially if you're a fan of the Yankees, Rays, Twins, Rangers, Reds, Braves, Phillies, or Giants, all of whom made the playoffs. But the post-season just opened with a telling event, a no-hitter pitched by the Phillies' Roy Halladay, which shows what's been missing all season: runs.
The next chapter in the adventures of Dubner and Levitt has begun. Listen to a preview of what's to come for the fall season of Freakonomics Radio.
Steve Levitt talks about why the center cannot hold in penalty kicks, why a running track hurts home-field advantage, and why the World Cup is an economist's dream.
In this episode of Freakonomics Radio, we explore a way to make 1.1 million schoolkids feel like they have 1.1 million teachers.
Do you "fake it"? If so, you're hardly alone. In this episode, you'll hear how everyone from the President of the United States to a kosher-keeping bacon lover lives in a state of fallen grace. All the time. And gets by.
In this episode we speculate what would happen if economists got to run the world. Hear from a high-end call girl; an Estonian who ran his country according to the gospel of Milton Friedman; and a guy who wants to start building new nations in the middle of the ocean.
Americans keep putting on pounds. So is it time for a cheeseburger tax? Or would a chill pill be the best medicine? In this episode, we explore the underbelly of fat through the eyes of a 280-pound woman, a top White House doctor, and a couple of overweight academics.
What do NASCAR drivers, Glenn Beck and the hit men of the NFL have in common?