Every language has its taboo words (which many people use all the time). But the list of forbidden words is always changing — and those changes tell us some surprising things about ourselves.
Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don’t worry: we’ve got the solution.
Every language has its taboo words (which many people use all the time). But the list of forbidden words is always changing — and those changes tell us some surprising things about ourselves. Note: In this special version of the episode, we haven’t bleeped out any of the swear words. You can find the regular version, with the swear words bleeped out, in your podcast app.
Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.
Every language has its taboo words (which many people use all the time). But the list of forbidden words is always changing — and those changes tell us some surprising things about ourselves.
Expletives in this episode have been bleeped out. You can find an unbleeped version here.
Many companies say they want to create more opportunities for Black Americans. One company is doing something concrete about it. We visit the South Side of Chicago to see how it’s working out.
Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.
Every year, Americans short the I.R.S. nearly half a trillion dollars. Most ideas to increase compliance are more stick than carrot — scary letters, audits, and penalties. But what if we gave taxpayers a chance to allocate how their money is spent, or even bribed them with a thank-you gift?
Many companies say they want to create more opportunities for Black Americans. One company is doing something concrete about it. We visit the South Side of Chicago to see how it’s working out.
In this installment of the Freakonomics Radio Book Club, the economist Amy Finkelstein explains why insurance markets are broken and how to fix them. Also: why can’t you buy divorce insurance?
Every year, Americans short the I.R.S. nearly half a trillion dollars. Most ideas to increase compliance are more stick than carrot — scary letters, audits, and penalties. But what if we gave taxpayers a chance to allocate how their money is spent, or even bribed them with a thank-you gift?
After a huge false start, electric cars are finally about to flourish. We speak with a technology historian about this all-too-common story, and what it means for innovation everywhere.
In this installment of the Freakonomics Radio Book Club, the economist Amy Finkelstein explains why insurance markets are broken and how to fix them. Also: why can’t you buy divorce insurance?
The economist Amy Finkelstein explains why insurance markets are broken and how to fix them. Also: why can’t you buy divorce insurance?
Most travelers want the cheapest flight they can find. Airlines, meanwhile, need to manage volatile fuel costs, a pricey workforce, and complex logistics. So how do they make money — and how did America’s grubbiest airport suddenly turn into a palace? (Part 3 of “Freakonomics Radio Takes to the Skies.”)
People who are good at their jobs routinely get promoted into bigger jobs they’re bad at. We explain why firms keep producing incompetent managers — and why that’s unlikely to change.
Thanks to decades of work by airlines and regulators, plane crashes are nearly a thing of the past. Can we do the same for cars? (Part 2 of “Freakonomics Radio Takes to the Skies.”)
Most travelers want the cheapest flight they can find. Airlines, meanwhile, need to manage volatile fuel costs, a pricey workforce, and complex logistics. So how do they make money — and how did America’s grubbiest airport suddenly turn into a palace? (Part 3 of “Freakonomics Radio Takes to the Skies.”)
Air travel is an unnatural activity that has become normal. You’re stuck in a metal tube with hundreds of strangers (and strange smells), defying gravity and racing through the sky. But oh, the places you’ll go! We visit the world’s busiest airport to see how it all comes together. (Part 1 of “Freakonomics Radio Takes to the Skies.”)
Thanks to decades of work by airlines and regulators, plane crashes are nearly a thing of the past. Can we do the same for cars? (Part 2 of “Freakonomics Radio Takes to the Skies.”)
In a new book called The Voltage Effect, the economist John List — who has already revolutionized how his profession does research — is trying to start a scaling revolution. In this installment of the Freakonomics Radio Book Club, List teaches us how to avoid false positives, how to know whether a given success is due to the chef or the ingredients, and how to practice “optimal quitting.”
It’s an unnatural activity that has become normal. You’re stuck in a metal tube with hundreds of strangers (and strange smells), defying gravity and racing through the sky. But oh, the places you’ll go! We visit the world’s busiest airport to see how it all comes together. (Part 1 of “Freakonomics Radio Takes to the Skies.”)
For decades, the U.S. let globalization run its course and hoped China would be an ally. Now the Biden administration is spending billions to bring high-tech manufacturing back home. Is this the beginning of a new industrial policy — or just another round of corporate welfare?
Adam Smith famously argued that specialization is the key to prosperity. In the N.F.L., the long snapper is proof of that argument. Here’s everything there is to know about a job that didn’t used to exist.
When small businesses get bought by big investors, the name may stay the same — but customers and employees can feel the difference. (Part 2 of 2.)
For decades, the U.S. let globalization run its course and hoped China would be an ally. Now the Biden administration is spending billions to bring high-tech manufacturing back home. Is this the beginning of a new industrial policy — or just another round of corporate welfare?
Big investors are buying up local veterinary practices (and pretty much everything else). What does this mean for scruffy little Max* — and for the U.S. economy? (Part 1 of 2.)
*The most popular dog name in the U.S. in 2022.
The economist Kate Raworth says the aggressive pursuit of G.D.P. is trashing the planet and shortchanging too many people. She has proposed an alternative — and the city of Amsterdam is giving it a try. How’s it going?
We tend to look down on artists who can’t match their breakthrough success. Should we be celebrating them instead?
When small businesses get bought by big investors, the name may stay the same — but customers and employees can feel the difference. (Part 2 of 2.)
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