The Magic Income Number
What’s the magic income number? According to Angus Deaton and Daniel Kahneman, it’s about $75,000, at least when it comes to day-to-day happiness. “As people earn more money, their day-to-day…
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.”…
Freakonomics asks a dozen smart people for their best ideas. Get ready for a fat tax, a sugar ban, and a calorie-chomping tapeworm.
Should government jobs have mandatory retirement ages? Is it foolish to care about your legacy? And why did Jason always call Angela’s father “Dr. Lee”?…
Daniel Ek, a 23-year-old Swede who grew up on pirated music, made the record labels an offer they couldn’t refuse: a legal platform to stream all the world’s music. Spotify…
What are Mike and Angela’s favorite songs to cry to? Can upbeat music lift you out of a bad mood? And what is Angela going to sing the next time…
Also: is a little knowledge truly a dangerous thing?
Also: is a little knowledge truly a dangerous thing?…
What do gamblers and referees have in common? When do machines make better decisions than people? And has Stephen been replaced by a computer?
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…
Also: do we subconsciously lie about our major influences?
Also: is it better to “go with the wind” or to “be the wind”?
It has become fiendishly expensive to produce, and has more competition than ever. And yet the believers still believe. Why? And does the world really want a new musical about…
No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle….
No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle. In this installment of the Freakonomics Radio Book Club, we revisit…
Bring on the Pain! It’s not about how much something hurts — it’s how you remember the pain. This week, lessons on pain from the New York City subway, the…
Jens Ludwig has an idea for how to fix America’s gun violence problem — and it starts by rejecting conventional wisdom from both sides of the political aisle.
How can we distinguish between laziness and patience? Why do people do crossword puzzles? And how is Angie like a combination of a quantum computer and a Sherman tank? Take…
What’s the magic income number? According to Angus Deaton and Daniel Kahneman, it’s about $75,000, at least when it comes to day-to-day happiness. “As people earn more money, their day-to-day…
…can get you fired. In the jargon of behavioral economics, coaches are “loss-averse”; this concept, pioneered by Amos Tversky and Daniel Kahneman, holds that we experience more pain with a…
…you. I know this sounds fishy. Don’t drivers complain about traffic in poll over poll? Isn’t congestion a huge drain on our economy? Haven’t Daniel Kahneman (a Nobel laureate) and…
We’re working on a Freakonomics Radio episode about pain. One component is the very interesting research by Daniel Kahneman and Donald Redelmeier about how colonoscopy patients remember the pain of…
Why are great accomplishments often followed by disappointment? Is it better to win and feel bummed out than to never have won at all? And where was ping-pong invented?…
In this episode of No Stupid Questions — a Freakonomics Radio Network show launched earlier this year — Stephen Dubner and Angela Duckworth debate why we watch, read and eat…
Do you see yourself the same way others see you? What’s the difference between self-perception and self-awareness? And why do Mike and Angela both hate fishing?…
Also: Why is it smart to ignore what your podcast hosts look like?…
Ellen Wiebe is a physician who helps seriously ill patients end their lives in Canada, where assisted suicide is legal. Is death a human right?
Also: should you feel guilty if you don’t read books?…
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.”…
She used to run a behavioral unit in the Obama administration, and now has a similar role at Google. Maya and Steve talk about the power (and limits) of behavioral…