No Hollywood Ending for the Visual-Effects Industry

In their chase for a global audience, American movie studios spend billions to make their films look amazing. But almost none of those dollars stay in America. What would it take to bring those jobs back — and would it be worth it?

How to Create Suspense

This week on Freakonomics Radio, we were inspired by a fascinating research paper called “Suspense and Surprise” by the economists Jeffrey Ely, Alexander Frankel, and Emir Kamenica. We speak with all three of them about what makes a particular sport suspenseful (or boring), what makes a movie thrilling (or, as in the case of M. Night Shyamalan, increasingly not), and why these things are worth discussing within the realm of economics. We'll also hear from practitioners of the art of suspense, including novelist Harlan Coben.