The Fracking Boom, a Baby Boom, and the Retreat From Marriage

Season 7, Episode 5 This week on Freakonomics Radio: over 40 percent of U.S. births are to unmarried mothers, and the numbers are especially high among the less-educated. Why? One argument is that the decline in good manufacturing jobs led to a decline in “marriageable” men. Surely the fracking boom reversed that trend, right? Stephen J. Dubner investigates. […]

Is the World Ready for a Guaranteed Basic Income?

A lot of full-time jobs in the modern economy simply don’t pay a living wage. And even those jobs may be obliterated by new technologies. What’s to be done so that financially vulnerable people aren’t just crushed? It may finally be time for an idea that economists have promoted for decades.

How Can This Possibly Be True?

A famous economics essay features a pencil (yes, a pencil) arguing that “not a single person on the face of this earth knows how to make me.” Is the pencil just bragging? In any case, what can the pencil teach us about our global interdependence -- and the proper role of government in the economy?

How to Think About Money, Choose Your Hometown, and Buy an Electric Toothbrush: A New Freakonomics Radio Podcast

Our latest podcast is called “How to Think About Money, Choose Your Hometown, and Buy an Electric Toothbrush.” (You can download/subscribe at iTunes, get the RSS feed, or listen via the media player in the post. You can also read the transcript below; it includes credits for the music you’ll hear in the episode.) It’s another installment of our FREAK-quently Asked Questions, in which Stephen Dubner and Steve Levitt answer questions from you, our readers and listeners. 

Steve Reda, a 22-year-old in the Washington, D.C., area, asks if kids today are more careful using credit as opposed to cash. (It's a question that makes Dubner recall his salad days, back when he fell in love with economics and the "mental accounting" research done by Richard Thaler, Daniel Kahneman and Amos Tversky.) This leads to a conversation about spending in general, which leads to Levitt’s counterintuitive advice for the youth of today (advice passed down from Milton Friedman to José Scheinkman and on to Levitt):

What Would the World Look Like if Economists Were in Charge?

We've just released the third episode of our Freakonomics Radio podcast, and this one strikes close to the heart of many readers. It asks a simple speculative question: What would the world look like if economists were in charge?