Cecilia Rouse, the chair of the White House Council of Economic Advisors, is as cold-blooded as any economist. But she admits that her profession would do well to focus on policy that actually helps people. Rouse explains why President Biden wants to spend trillions of dollars to reshape the economy, and why — as the first Black chair of the C.E.A. — she has a good idea of what needs fixing.
She’s the author of the bestselling book Grit, and a University of Pennsylvania professor of psychology — a field Steve says he knows nothing about. But once Angela gives Steve a quick tutorial on “goal conflict,” he is suddenly a fan. They also talk parenting, self-esteem, and how easy it is to learn econometrics if you feel like it.
Also: what does your perfect day look like?
Six months ago I blogged about how the media reported the crime statistics released by the FBI at that time. All the headlines screamed that a new crime wave was upon us. The facts were that reported violent crime had increased 2.5% and reported property crime fell 1.6%. But that wasn't very exciting, I guess.
The fact that the most recent FBI...
He’s an economist who studies even weirder things than Steve. They discuss whether economics is the best of the social sciences, and why it’s a good idea to get a tattoo of a demand curve on your bicep.
Bapu Jena was already a double threat: a doctor who’s also an economist. Now he’s a podcast host too. In this sneak preview of the Freakonomics Radio Network’s newest show, Bapu discovers that marathons can be deadly — but not for the reasons you may think.
Also: would you take a confirmation-bias vaccine?
The African-born economist has written four bestselling books, including Dead Aid, which Bill Gates described as “promoting evil.” In her new book about corporate boards, Dambisa uses her experience with global corporations to explore how they can better meet society’s demands. And she explains to Steve why, even as a Harvard and Oxford-educated economist, her goal in life might sound “a little bit like a Miss America pageant.”
The pandemic may be winding down, but that doesn’t mean we’ll return to full-time commuting and packed office buildings. The greatest accidental experiment in the history of labor has lessons to teach us about productivity, flexibility, and even reversing the brain drain. But don’t buy another dozen pairs of sweatpants just yet.
Also: is short-sightedness part of human nature?
Levitt rarely interviews advocates, but the founder of the Good Food Institute is different. Once an outspoken — and sometimes outlandish — animal-rights activist, Bruce has come to believe that market-driven innovation and scientific advancement are the best ways to reduce global meat consumption. Steve and Bruce talk about the negative externalities of factory-farmed meat, and why Bruce gave up antics like streaking at Buckingham Palace.
The social psychologist Robert Cialdini is a pioneer in the science of persuasion. His 1984 book Influence is a classic, and he has just published an expanded and revised edition. In this episode of the Freakonomics Radio Book Club, he gives a master class in the seven psychological levers that bewitch our rational minds and lead us to buy, behave, or believe without a second thought.