We all know the standard story: our economy would be more dynamic if only the government would get out of the way. The economist Mariana Mazzucato says we’ve got that story backward. She argues that the government, by funding so much early-stage research, is hugely responsible for big successes in tech, pharma, energy, and more. But the government also does a terrible job in claiming credit — and, more important, getting a return on its investment.
The World Trade Organization is the referee for 164 trading partners, each with their own political and economic agendas. Lately, those agendas have gotten more complicated — especially with President Trump’s tariff blitz. Roberto Azevêdo, head of the W.T.O., tells us why it’s so hard to balance protectionism and globalism; what’s really behind the loss of jobs; and what he’d say to Trump (if he ever gets the chance).
Season 8, Episode 8 The World Trade Organization is the referee for 164 trading partners, each with their own political and economic agendas. Lately, those agendas have gotten more complicated — especially with President Trump’s tariff blitz. Roberto Azevêdo, head of the W.T.O., tells Stephen J. Dubner why it’s so hard to balance protectionism and globalism; what’s really behind the . . .
In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis — and he offers a solution. Is it stronger governments? Freer markets? Rajan’s answer: neither.
Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™?
For years, Gary Cohn thought he’d be the next C.E.O. of Goldman Sachs. Instead, he became the “adult in the room” in a chaotic administration. Cohn talks about the fights he won, the fights he lost, and the fights he was no longer willing to have. Also: why he and Trump are still on speaking terms even after he reportedly called the president “a professional liar.”
For years, Gary Cohn thought he’d be the next C.E.O. of Goldman Sachs. Instead, he became the “adult in the room” in a chaotic administration. Cohn talks about the fights he won, the fights he lost, and the fights he was no longer willing to have. Also: why he and Trump are still on speaking terms even after he reportedly . . .
As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?
Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™? To find out more, check out the podcast from which this hour was drawn: “The Future of Meat.”
In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown.” After stints at the I.M.F. and India’s central bank, he sees another potential crisis — and he offers a solution. Is it stronger governments? Freer markets? Rajan’s answer: neither. To find out more, check out the podcast from which this hour was drawn: “This Economist . . .
An all-star team of behavioral scientists discovers that humans are stubborn (and lazy, and sometimes dumber than dogs). We also hear about binge drinking, humblebragging, and regrets. Recorded live in Philadelphia with guests including Richard Thaler, Angela Duckworth, Katy Milkman, and Tom Gilovich.
The controversial theory linking Roe v. Wade to a massive crime drop is back in the spotlight as several states introduce abortion restrictions. Steve Levitt and John Donohue discuss their original research, the challenges to its legitimacy, and their updated analysis. Also: what this means for abortion policy, crime policy, and having intelligent conversations about contentious topics.
As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next? To find out more, check out the podcast from which this hour was drawn: “Why . . .
The controversial theory linking Roe v. Wade to a massive crime drop is back in the spotlight as several states introduce abortion restrictions. Steve Levitt and John Donohue discuss their original research, the challenges to its legitimacy, and their updated analysis. Also: what this means for abortion policy, crime policy, and having intelligent conversations about contentious topics. To find out . . .
Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™?
An all-star team of behavioral scientists discovers that humans are stubborn (and lazy, and sometimes dumber than dogs). We also hear about binge drinking, humblebragging, and regrets. Recorded live in Philadelphia with guests including Richard Thaler, Angela Duckworth, Katy Milkman, and Tom Gilovich. To find out more, check out the podcast from which this hour was drawn: “How Goes the . . .
What happens when tens of millions of fantasy-sports players are suddenly able to bet real money on real games? We’re about to find out. A recent Supreme Court decision has cleared the way to bring an estimated $300 billion in black-market sports betting into the light. We sort out the winners and losers.
What happens when tens of millions of fantasy-sports players are suddenly able to bet real money on real games? We’re about to find out. A recent Supreme Court decision has cleared the way to bring an estimated $300 billion in black-market sports betting into the light. We sort out the winners and losers. To find out more, check out the . . .
Mary Daly rose from high-school dropout to president of the Federal Reserve Bank of San Francisco. She thinks the central bank needs an upgrade too. It starts with recognizing that the economy is made up of actual humans.
Most high-school math classes are still preparing students for the Sputnik era. Steve Levitt wants to get rid of the “geometry sandwich” and instead have kids learn what they really need in the modern era: data fluency.
Mary Daly rose from high-school dropout to president of the Federal Reserve Bank of San Francisco. She thinks the central bank needs an upgrade too. It starts with recognizing that the economy is made up of actual humans. To find out more, check out the podcast from which this hour was drawn: “Fed Up.”
Do economic sanctions work? Are big democracies any good at spreading democracy? What is the root cause of terrorism? It turns out that data analysis can help answer all these questions — and make better foreign-policy decisions. Guests include former Department of Defense officials Chuck Hagel and Michèle Flournoy and Chicago Project on Security and Threats researchers Robert Pape and Paul Poast. Recorded live in Chicago; Steve Levitt is co-host.
Do economic sanctions work? Are big democracies any good at spreading democracy? What is the root cause of terrorism? It turns out that data analysis can help answer all these questions — and make better foreign-policy decisions. Guests include former Department of Defense officials Chuck Hagel and Michèle Flournoy and Chicago Project on Security and Threats researchers Robert Pape and . . .
A recent outbreak of illness and death has gotten everyone’s attention — including late-to-the-game regulators. But would a ban on e-cigarettes do more harm than good? We smoke out the facts.
Most high-school math classes are still preparing students for the Sputnik era. Steve Levitt wants to get rid of the “geometry sandwich” and instead have kids learn what they really need in the modern era: data fluency. To find out more, check out the podcast from which this hour was drawn: “America’s Math Curriculum Doesn’t Add Up.”
A recent outbreak of illness and death has gotten everyone’s attention — including late-to-the-game regulators. But would a ban on e-cigarettes do more harm than good? We smoke out the facts. To find out more, check out the podcasts from which this hour was drawn: “The Truth About the Vaping Crisis” and “Does Hollywood Still Have a Princess Problem?”
A year ago, nobody was taking Andrew Yang very seriously. Now he is America’s favorite entrepre-nerd, with a candidacy that keeps gaining momentum. This episode includes our Jan. 2019 conversation with the leader of the Yang Gang and a fresh interview recorded from the campaign trail in Iowa.
Global demand for beef, chicken, and pork continues to rise. So do concerns about environmental and other costs. Will reconciling these two forces be possible — or, even better, Impossible™? To find out more, check out the podcast from which this hour was drawn: “The Future of Meat.”
How pharma greed, government subsidies, and a push to make pain the “fifth vital sign” kicked off a crisis that costs $80 billion a year and has killed hundreds of thousands of Americans. (Part one of a two-part series.)
One prescription drug is keeping some addicts from dying. So why isn’t it more widespread? A story of regulation, stigma, and the potentially fatal faith in abstinence. (Part two of a two-part series.)
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