Freakonomics Radio Podcast: all episodes' AI transcripts and summaries
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Podcast: Freakonomics Radio
Description: 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.
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Category: Society & Culture
All Episodes
Your Brain Doesn’t Work the Way You Think with full AI transcript and summary
Update: 2024-12-23
Duration: 00:47:53
Shownotes: David Eagleman upends myths and describes the vast possibilities of a brainscape that even neuroscientists are only beginning to understand. Steve Levitt interviews him in
Duration: 00:47:53
Shownotes: David Eagleman upends myths and describes the vast possibilities of a brainscape that even neuroscientists are only beginning to understand. Steve Levitt interviews him in
this special episode of People I (Mostly) Admire. SOURCES:David Eagleman, professor of cognitive neuroscience at Stanford University and C.E.O. of Neosensory. RESOURCES:Livewired: The Inside Story of the Ever-Changing Brain, by David Eagleman (2020)."Why Do We Dream? A New Theory on How It Protects Our Brains," by David Eagleman and Don Vaughn (TIME, 2020)."Prevalence of Learned Grapheme-Color Pairings in a Large Online Sample of Synesthetes," by Nathan Witthoft, Jonathan Winawer, and David Eagleman (PLoS One, 2015).Sum: Forty Tales from the Afterlives, by David Eagleman (2009).The vOICe app.Neosensory. EXTRAS:"Feeling Sound and Hearing Color," by People I (Mostly) Admire (2024)."What’s Impacting American Workers?" by People I (Mostly) Admire (2024)."This Is Your Brain on Podcasts," by Freakonomics Radio (2016).
616. How to Make Something from Nothing with full AI transcript and summary
Update: 2024-12-19
Duration: 00:48:12
Shownotes: Adam Moss was the best magazine editor of his generation. When he retired, he took up painting. But he wasn’t very good, and that made
Duration: 00:48:12
Shownotes: Adam Moss was the best magazine editor of his generation. When he retired, he took up painting. But he wasn’t very good, and that made
him sad. So he wrote a book about how creative people work— and, in the process, he made himself happy again. SOURCE:Adam Moss, magazine editor and author. RESOURCES:The Work of Art: How Something Comes from Nothing, by Adam Moss (2024)."Goodbye, New York. Adam Moss Is Leaving the Magazine He Has Edited for 15 Years," by Michael M. Grynbaum (The New York Times, 2019).Salt, Fat, Acid, Heat: Mastering the Elements of Good Cooking, by Samin Nosrat (2017). EXTRAS:"David Simon Is On Strike. Here’s Why," by People I (Mostly) Admire (2023)."Samin Nosrat Always Wanted to Be Famous," by Freakonomics Radio (2023)."What’s Wrong with Being a One-Hit Wonder?" by Freakonomics Radio (2023).
615. Is Ozempic as Magical as It Sounds? with full AI transcript and summary
Update: 2024-12-12
Duration: 00:56:49
Shownotes: In a wide-ranging conversation with Ezekiel Emanuel, the policymaking physician and medical gadfly, we discuss the massive effects of GLP-1 drugs like Ozempic, Wegovy, and
Duration: 00:56:49
Shownotes: In a wide-ranging conversation with Ezekiel Emanuel, the policymaking physician and medical gadfly, we discuss the massive effects of GLP-1 drugs like Ozempic, Wegovy, and
Mounjaro. We also talk about the state of cancer care, mysteries in the gut microbiome, flaws in the U.S. healthcare system — and what a second Trump term means for healthcare policy. SOURCES:Ezekiel Emanuel, vice provost for Global Initiatives, co-director of the Health Transformation Institute, and professor at the University of Pennsylvania Perelman School of Medicine. RESOURCES:"Obesity Drugs Would Be Covered by Medicare and Medicaid Under Biden Proposal," by Margot Sanger-Katz (The New York Times, 2024)."International Coverage of GLP-1 Receptor Agonists: A Review and Ethical Analysis of Discordant Approaches," by Johan L. Dellgren, and Govind Persad, and Ezekiel J. Emanuel (The Lancet, 2024).The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma, by Mustafa Suleyman (2023)."The Significance of Blockbusters in the Pharmaceutical Industry," by Alexander Schuhmacher, Markus Hinder, Nikolaj Boger, Dominik Hartl, and Oliver Gassmann (Nature Reviews Drug Discovery, 2022).Reinventing American Health Care: How the Affordable Care Act Will Improve Our Terribly Complex, Blatantly Unjust, Outrageously Expensive, Grossly Inefficient, Error Prone System, by Ezekiel J. Emanuel (2014)."Why I Hope to Die at 75," by Ezekiel J. Emanuel (The Atlantic, 2014)."Direct-to-Consumer Advertising of Pharmaceuticals," by Ziad F. Gellad and Kenneth W. Lyles (The American Journal of Medicine, 2014).Brothers Emanuel: A Memoir of an American Family, by Ezekiel J. Emanuel (2013)."Bounds in Competing Risks Models and the War on Cancer," by Bo E. Honoré and Adriana Lleras-Muney (Econometrica, 2006). EXTRAS:"How to Fix Medical Research," by People I (Mostly) Admire (2024)."The Suddenly Diplomatic Rahm Emanuel," by Freakonomics Radio (2023)."Ari Emanuel Is Never Indifferent," by Freakonomics Radio (2023)."Who Pays for Multimillion-Dollar Miracle Cures?" by Freakonomics, M.D. (2023)."Who Gets the Ventilator?" by Freakonomics Radio (2020).
How the Supermarket Helped America Win the Cold War (Update) with full AI transcript and summary
Update: 2024-12-09
Duration: 00:38:53
Summary: In this episode of Freakonomics Radio, Stephen J. Dubner revisits the Cold War’s agricultural rivalry between the U.S. and the Soviet Union, known as the
Duration: 00:38:53
Summary: In this episode of Freakonomics Radio, Stephen J. Dubner revisits the Cold War’s agricultural rivalry between the U.S. and the Soviet Union, known as the
'farms race.' He highlights how advancements in farming techniques, such as the 'Chicken of Tomorrow' initiative, became tools of U.S. propaganda to showcase American abundance. Experts discuss how the competition influenced agricultural policies and economic outcomes, ultimately giving the U.S. an edge. The episode critically examines the consequences of such policies, including standardization in food production and the health implications of U.S. diets driven by government subsidies.
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Shownotes: Last week, we heard a former U.S. ambassador describe Russia’s escalating conflict with the U.S. Today, we revisit a 2019 episode about an overlooked front
in the Cold War — a “farms race” that, decades later, still influences what Americans eat. SOURCES:Anne Effland, former Senior Economist for the Office of Chief Economist in the U.S.D.A.Shane Hamilton, historian at the University of York.Peter Timmer, economist and former professor at Harvard University.Audra Wolfe, writer, editor, and historian. RESOURCES:Freedom’s Laboratory: The Cold War Struggle for the Soul of Science, by Audra Wolfe (2018).Supermarket USA: Food and Power in The Cold War Farms Race, by Shane Hamilton (2018).“Association of Higher Consumption of Foods Derived From Subsidized Commodities With Adverse Cardiometabolic Risk Among US Adults,” by Karen R. Siegel, Kai McKeever Bullard, K. M. Narayan, et al. (JAMA Internal Medicine, 2016).The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War, by Robert J. Gordon (2016).“How the Mechanical Tomato Harvester Prompted the Food Movement,” by Ildi Carlisle-Cummins (UC Davis Department of Plant Sciences Newsletter, 2015). EXTRAS:"Is the U.S. Sleeping on Threats from Russia and China?" by Freakonomics Radio (2024).
614. Is the U.S. Sleeping on Threats from Russia and China? with full AI transcript and summary
Update: 2024-12-05
Duration: 00:51:24
Summary: In this episode, John J. Sullivan discusses the threats posed by Russia and China, emphasizing inadequacies in U.S. foreign policy responses. He reflects on a
Duration: 00:51:24
Summary: In this episode, John J. Sullivan discusses the threats posed by Russia and China, emphasizing inadequacies in U.S. foreign policy responses. He reflects on a
pivotal Biden-Putin meeting, where Biden's approach may have signaled weakness, potentially influencing Putin's actions in Ukraine. Sullivan highlights the effectiveness of economic sanctions and warns of the dire consequences of underestimating adversaries. He also speculates on the implications of a second Trump term for U.S. foreign policy and stresses the need for urgent reassessment of American strategies in light of global security threats.
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Shownotes: John J. Sullivan, a former State Department official and U.S. ambassador, says yes: “Our politicians aren’t leading — Republicans or Democrats.” He gives a firsthand
account of a fateful Biden-Putin encounter, talks about his new book Midnight in Moscow, and predicts what a second Trump term means for Russia, Ukraine, China — and the U.S. SOURCES:John Sullivan, former U.S. Deputy Secretary of State and former U.S. Ambassador to Russia. RESOURCES:Midnight in Moscow: A Memoir from the Front Lines of Russia's War Against the West, by John Sullivan (2024)."The ‘Deathonomics’ Powering Russia’s War Machine," by Georgi Kantchev and Matthew Luxmoore (The Wall Street Journal, 2024).War, by Bob Woodward (2024)."On the Record: The U.S. Administration’s Actions on Russia," by Alina Polyakova and Filippos Letsas (Brookings, 2019)."Why Economic Sanctions Still Do Not Work," by Robert A. Pape (International Security, 1998). EXTRAS:"The Suddenly Diplomatic Rahm Emanuel," by Freakonomics Radio (2023).
613. Dying Is Easy. Retail Is Hard. with full AI transcript and summary
Update: 2024-11-28
Duration: 01:01:34
Summary: In episode 613 of Freakonomics Radio, titled 'Dying Is Easy. Retail Is Hard,' host Stephen J. Dubner examines Macy's struggles in a competitive retail landscape.
Duration: 01:01:34
Summary: In episode 613 of Freakonomics Radio, titled 'Dying Is Easy. Retail Is Hard,' host Stephen J. Dubner examines Macy's struggles in a competitive retail landscape.
With insights from Tony Spring, CEO of Macy's, and Mark Cohen, former director of retail studies, the episode discusses Macy's attempts to innovate and enhance customer experiences while assessing the profitability of events like the Thanksgiving Parade. The episode highlights Macy's strategic moves, including closing large stores, revamping merchandise, and the importance of community engagement for revitalization amidst ongoing retail disruption.
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Shownotes: 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).
612. Is Macy’s Thanksgiving Parade Its Most Valuable Asset? with full AI transcript and summary
Update: 2024-11-21
Duration: 00:53:18
Summary: In this episode of Freakonomics Radio, co-hosted by Stephen J. Dubner, the focus is on the Macy's Thanksgiving Day Parade, a cherished American tradition attracting
Duration: 00:53:18
Summary: In this episode of Freakonomics Radio, co-hosted by Stephen J. Dubner, the focus is on the Macy's Thanksgiving Day Parade, a cherished American tradition attracting
nearly 30 million viewers. The complexities of its production, which spans 18 months and involves significant costs kept under wraps by Macy's, are explored. The parade is not only a cultural event but also a vital marketing platform, generating substantial ad revenue. Discussion includes the significance of iconic balloons, brand collaborations, and the partnership with New York City, showcasing the deeper relationship between the parade's cultural impact and Macy's branding efforts amidst retail challenges.
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Shownotes: 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.
How to Stop Worrying and Love the Robot Apocalypse (Update) with full AI transcript and summary
Update: 2024-11-18
Duration: 00:48:36
Summary: In this episode of Freakonomics Radio, the discussion revolves around the impact of robots and automation on the job market. David Autor highlights that while
Duration: 00:48:36
Summary: In this episode of Freakonomics Radio, the discussion revolves around the impact of robots and automation on the job market. David Autor highlights that while
technology may eliminate some low-wage jobs, it simultaneously creates new opportunities for higher-skilled workers. The conversation emphasizes historical context, showing that fears of technology leading to job loss are often overstated. Insights from experts, including James Rosenman, illustrate that collaborative robots ('cobots') can enhance productivity in sectors like healthcare without reducing employment. Research indicates that automation in nursing homes can complement human labor and improve patient care, raising crucial discussions on the evolving dynamics between technology and the workforce.
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Shownotes: 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).
611. Fareed Zakaria on What Just Happened, and What Comes Next with full AI transcript and summary
Update: 2024-11-14
Duration: 00:59:13
Summary: In this episode of Freakonomics Radio, journalist Fareed Zakaria analyzes the implications of Donald Trump's return to the political stage following the recent election. He
Duration: 00:59:13
Summary: In this episode of Freakonomics Radio, journalist Fareed Zakaria analyzes the implications of Donald Trump's return to the political stage following the recent election. He
discusses the backlash against modern societal changes and the polarization of U.S. politics, particularly the divide between urban and rural voters. Zakaria critiques the handling of immigration and emphasizes the rising ideological priorities within the Republican Party, along with the potential geopolitical ramifications of a second Trump term. He also stresses the importance of civic engagement amid concerns for American democracy and international order.
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Shownotes: 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).
610. Who Wins and Who Loses Once the U.S. Legalizes Weed? with full AI transcript and summary
Update: 2024-11-07
Duration: 00:43:21
Shownotes: 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
Duration: 00:43:21
Shownotes: 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).
609. What Does It Take to Run a Cannabis Farm? with full AI transcript and summary
Update: 2024-10-31
Duration: 00:40:16
Summary: In this episode of Freakonomics Radio, host Stephen Dubner delves into the life of Chris Weld, a Massachusetts cannabis farmer who transitioned from emergency medicine.
Duration: 00:40:16
Summary: In this episode of Freakonomics Radio, host Stephen Dubner delves into the life of Chris Weld, a Massachusetts cannabis farmer who transitioned from emergency medicine.
Weld discusses the complexities of operating a cannabis farm, particularly in light of the evolving market and consumer behavior shifting from alcohol to cannabis. He addresses challenges like indoor cultivation, federal regulations, market saturation, and the increasing potency of cannabis products. Insights from addiction expert Yasmin Hurd highlight public health concerns regarding rapid legalization and insufficient research into the impacts of high-THC products. The episode sheds light on the intricate balance of growing cannabis amidst a chaotic industry landscape.
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Shownotes: 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).
Abortion and Crime, Revisited (Update) with full AI transcript and summary
Update: 2024-10-28
Duration: 00:54:46
Summary: In 'Abortion and Crime, Revisited (Update)', Stephen J. Dubner revisits the ramifications of the Supreme Court's decision to overturn Roe v. Wade. The episode discusses
Duration: 00:54:46
Summary: In 'Abortion and Crime, Revisited (Update)', Stephen J. Dubner revisits the ramifications of the Supreme Court's decision to overturn Roe v. Wade. The episode discusses
the link between legalized abortion and crime rates, emphasizing studies by Levitt and Donohue that suggest legalized abortion significantly reduced the number of unwanted children and, consequently, lowered crime rates. The role of lead exposure on criminality is also examined, revealing a multifaceted relationship where both factors contribute to the decline in crime. Ultimately, the episode advocates for child welfare policies that ensure children are wanted rather than using research findings to dictate abortion policy stances.
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Shownotes: 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).
608. Cannabis Is Booming, So Why Isn’t Anyone Getting Rich? with full AI transcript and summary
Update: 2024-10-24
Duration: 00:50:50
Summary: In this episode of Freakonomics Radio, Stephen J. Dubner investigates the complicated dynamics of the burgeoning U.S. cannabis industry, which has seen over $30 billion
Duration: 00:50:50
Summary: In this episode of Freakonomics Radio, Stephen J. Dubner investigates the complicated dynamics of the burgeoning U.S. cannabis industry, which has seen over $30 billion
in sales and half a million jobs. Despite the rapid push for legalization and increasing public support, legal operators face several challenges such as high taxes, federal illegality, and competition from illegal markets. With operators struggling for profitability due to strict regulations and the complexities of accessing finance, only a small percentage remain in the black. Insights from experts highlight the ongoing struggles and potential shifts as the market adapts.
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Shownotes: 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).
607. Is America Switching From Booze to Weed? with full AI transcript and summary
Update: 2024-10-17
Duration: 00:46:08
Summary: In this episode of Freakonomics Radio, co-author Stephen J. Dubner examines a significant cultural shift in the U.S. as cannabis usage surpasses alcohol in daily
Duration: 00:46:08
Summary: In this episode of Freakonomics Radio, co-author Stephen J. Dubner examines a significant cultural shift in the U.S. as cannabis usage surpasses alcohol in daily
consumers. The emerging preference for cannabis raises discussions about its medicinal benefits compared to the known harms of alcohol, which causes over 100,000 deaths annually. Experts highlight the need for further research on cannabis as legalization expands, questioning whether it can effectively replace alcohol as a social lubricant. This episode is the first in a series exploring this major transition in American consumption habits.
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Shownotes: 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).
606. How to Predict the Presidency with full AI transcript and summary
Update: 2024-10-11
Duration: 00:55:38
Summary: In the latest episode of 'Freakonomics Radio,' titled 'How to Predict the Presidency,' the discussion centers on the growing power of the U.S. presidency and
Duration: 00:55:38
Summary: In the latest episode of 'Freakonomics Radio,' titled 'How to Predict the Presidency,' the discussion centers on the growing power of the U.S. presidency and
its implications, with insights from Eric Posner and Koleman Strumpf. The episode critiques the Trump administration's ineffective use of presidential power compared to Biden's achievements. It examines the role of demagogues in democracies and evaluates the U.S. primary system's impact on governance. The conversation highlights concerns about potential chaos in a second Trump term, with a focus on legal challenges and the Supreme Court's decision on presidential immunity. The effectiveness of political betting markets is also explored, providing a historical overview of their role in forecasting election outcomes.
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Shownotes: 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).
Has the U.S. Presidency Become a Dictatorship? (Update) with full AI transcript and summary
Update: 2024-10-10
Duration: 00:46:59
Summary: In this episode, Stephen Dubner and legal scholar Eric Posner analyze the expanding power of the U.S. Presidency against the backdrop of historical intentions outlined
Duration: 00:46:59
Summary: In this episode, Stephen Dubner and legal scholar Eric Posner analyze the expanding power of the U.S. Presidency against the backdrop of historical intentions outlined
by the Founding Fathers. They discuss how the original framework of checks and balances has evolved, particularly as presidents have increasingly bypassed congressional authority since the 20th century. The conversation highlights President Obama's use of executive power and the implications of unilateral decisions in areas like immigration and healthcare reform. The episode ultimately questions whether the presidency is becoming increasingly dictatorial, while recognizing inherent constraints posed by political dynamics and institutional complexities.
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Shownotes: 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).
605. What Do People Do All Day? with full AI transcript and summary
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Update: 2024-10-03
Duration: 01:00:48
Shownotes: 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
Duration: 01:00:48
Shownotes: 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.
EXTRA: Roland Fryer Refuses to Lie to Black America (Update) with full AI transcript and summary
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Update: 2024-09-30
Duration: 01:00:29
Shownotes: 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
Duration: 01:00:29
Shownotes: 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).
604. Did the N.F.L. Solve Diversity Hiring? (Part 2) with full AI transcript and summary
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Update: 2024-09-26
Duration: 00:47:19
Shownotes: 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
Duration: 00:47:19
Shownotes: 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).
603. Did the N.F.L. Solve Diversity Hiring? (Part 1) with full AI transcript and summary
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Update: 2024-09-19
Duration: 00:47:51
Shownotes: 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
Duration: 00:47:51
Shownotes: 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).
EXTRA: In Praise of Maintenance (Update) with full AI transcript and summary
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Update: 2024-09-16
Duration: 00:42:37
Shownotes: 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
Duration: 00:42:37
Shownotes: 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).
602. Is Screen Time as Poisonous as We Think? with full AI transcript and summary
Update: 2024-09-12
Duration: 00:40:29
Summary: In this episode of 'Freakonomics Radio' titled 'Is Screen Time as Poisonous as We Think?', the correlation between increasing smartphone usage and the rise in
Duration: 00:40:29
Summary: In this episode of 'Freakonomics Radio' titled 'Is Screen Time as Poisonous as We Think?', the correlation between increasing smartphone usage and the rise in
anxiety and depression among young people is explored. Featuring experts like economist David Blanchflower, novelist Lauren Oyler, and professor Andrew Przybylski, the podcast examines whether smartphone usage is the main factor driving mental health declines or if other elements like social and political changes also play a role. The discussion delves into methodological issues in research linking digital technology to mental health, the societal panic around new technologies, and the benefits and drawbacks of smartphones. It emphasizes the need to address mental health problems through community and healthcare support rather than solely blaming technology.
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Shownotes: 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).
601. Multitasking Doesn’t Work. So Why Do We Keep Trying? with full AI transcript and summary
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Update: 2024-09-05
Duration: 00:58:04
Shownotes: 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
Duration: 00:58:04
Shownotes: 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).
What Is the Future of College — and Does It Have Room for Men? (Update) with full AI transcript and summary
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Update: 2024-08-29
Duration: 00:49:17
Shownotes: 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
Duration: 00:49:17
Shownotes: 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).
EXTRA: Why Quitting Is Usually Worth It with full AI transcript and summary
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Update: 2024-08-26
Duration: 00:40:04
Shownotes: 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
Duration: 00:40:04
Shownotes: 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).
The University of Impossible-to-Get-Into (Update) with full AI transcript and summary
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Update: 2024-08-22
Duration: 01:11:10
Shownotes: 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
Duration: 01:11:10
Shownotes: 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).
What Exactly Is College For? (Update) with full AI transcript and summary
Update: 2024-08-15
Duration: 00:50:15
Summary: In the episode 'What Exactly Is College For? (Update)' from Freakonomics Radio, Stephen J. Dubner delves into the U.S. higher education landscape amidst declining trust
Duration: 00:50:15
Summary: In the episode 'What Exactly Is College For? (Update)' from Freakonomics Radio, Stephen J. Dubner delves into the U.S. higher education landscape amidst declining trust
and enrollment issues. He engages with experts like Peter Blair and Catharine Hill to discuss elite universities' reputational struggles and address income inequality. Key discussions revolve around differentiation, high tuition costs, and the stratification within the university system. The episode explores the pivotal roles of mid-tier colleges, community colleges, and Historically Black Colleges and Universities (HBCUs) in fostering upward mobility, particularly for minority and low-income students. Ruth Simmons shares her transformative journey through education, emphasizing mentorship and HBCUs' mission in producing successful graduates.
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Shownotes: 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).
EXTRA: Here’s Why You’re Not an Elite Athlete (Update) with full AI transcript and summary
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Update: 2024-08-12
Duration: 01:05:34
Shownotes: 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
Duration: 01:05:34
Shownotes: 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).
600. “If We’re All in It for Ourselves, Who Are We?” with full AI transcript and summary
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Update: 2024-08-08
Duration: 00:44:47
Shownotes: 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
Duration: 00:44:47
Shownotes: 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).
599. The World's Most Valuable Unused Resource with full AI transcript and summary
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Update: 2024-08-01
Duration: 00:40:08
Shownotes: 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
Duration: 00:40:08
Shownotes: 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).
EXTRA: Why Rent Control Doesn’t Work (Update) with full AI transcript and summary
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Update: 2024-07-29
Duration: 00:48:22
Shownotes: 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
Duration: 00:48:22
Shownotes: 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).
598. Is Overconsolidation a Threat to Democracy? with full AI transcript and summary
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Update: 2024-07-25
Duration: 00:37:11
Shownotes: 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
Duration: 00:37:11
Shownotes: 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).
597. Why Do Your Eyeglasses Cost $1,000? with full AI transcript and summary
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Update: 2024-07-18
Duration: 00:54:39
Shownotes: 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
Duration: 00:54:39
Shownotes: 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).
EXTRA: People Aren’t Dumb. The World Is Hard. (Update) with full AI transcript and summary
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Update: 2024-07-15
Duration: 00:53:13
Shownotes: 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.
Duration: 00:53:13
Shownotes: 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).
596. Farewell to a Generational Talent with full AI transcript and summary
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Update: 2024-07-11
Duration: 00:52:41
Shownotes: 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
Duration: 00:52:41
Shownotes: 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).
595. Why Don't We Have Better Candidates for President? with full AI transcript and summary
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Update: 2024-07-04
Duration: 01:01:50
Shownotes: 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
Duration: 01:01:50
Shownotes: 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).
594. Your Brand’s Spokesperson Just Got Arrested — Now What? with full AI transcript and summary
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Update: 2024-06-27
Duration: 00:43:38
Shownotes: 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
Duration: 00:43:38
Shownotes: 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).
593. You Can Make a Killing, but Not a Living with full AI transcript and summary
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Update: 2024-06-20
Duration: 00:49:39
Shownotes: 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
Duration: 00:49:39
Shownotes: 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).
EXTRA: The Fascinatingly Mundane Secrets of the World’s Most Exclusive Nightclub with full AI transcript and summary
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Update: 2024-06-17
Duration: 00:44:58
Shownotes: 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
Duration: 00:44:58
Shownotes: 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.
592. How to Make the Coolest Show on Broadway with full AI transcript and summary
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Update: 2024-06-13
Duration: 01:05:08
Shownotes: Hit by Covid, runaway costs, and a zillion streams of competition, serious theater is in serious trouble. A new hit play called Stereophonic — the
Duration: 01:05:08
Shownotes: 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).
591. Signs of Progress, One Year at a Time with full AI transcript and summary
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Update: 2024-06-06
Duration: 00:53:20
Shownotes: 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
Duration: 00:53:20
Shownotes: 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).
EXTRA: The Opioid Tragedy — How We Got Here with full AI transcript and summary
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Update: 2024-06-03
Duration: 00:41:59
Shownotes: An update of our 2020 series, in which we spoke with physicians, researchers, and addicts about the root causes of the crisis — and the
Duration: 00:41:59
Shownotes: 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).
590. Can $55 Billion End the Opioid Epidemic? with full AI transcript and summary
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Update: 2024-05-30
Duration: 00:40:56
Shownotes: 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
Duration: 00:40:56
Shownotes: 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).
589. Why Has the Opioid Crisis Lasted So Long? with full AI transcript and summary
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Update: 2024-05-23
Duration: 00:48:33
Shownotes: 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
Duration: 00:48:33
Shownotes: 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).
Extra: Car Colors & Storage Units with full AI transcript and summary
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Update: 2024-05-20
Duration: 00:35:15
Shownotes: 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
Duration: 00:35:15
Shownotes: 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).
588. Confessions of a Black Conservative with full AI transcript and summary
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Update: 2024-05-16
Duration: 00:56:40
Shownotes: 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
Duration: 00:56:40
Shownotes: 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).
587. Should Companies Be Owned by Their Workers? with full AI transcript and summary
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Update: 2024-05-09
Duration: 00:46:33
Shownotes: 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
Duration: 00:46:33
Shownotes: 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).
586. How Does the Lost World of Vienna Still Shape Our Lives? with full AI transcript and summary
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Update: 2024-05-02
Duration: 00:57:19
Shownotes: 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
Duration: 00:57:19
Shownotes: 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).
Extra: Why Is 23andMe Going Under? (Update) with full AI transcript and summary
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Update: 2024-04-29
Duration: 01:02:04
Shownotes: 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
Duration: 01:02:04
Shownotes: 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).
585. A Social Activist in Prime Minister’s Clothing with full AI transcript and summary
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Update: 2024-04-25
Duration: 00:52:26
Shownotes: 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
Duration: 00:52:26
Shownotes: 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).