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Episode 231

Is Migration a Basic Human Right?

The gist: the argument for open borders is compelling — and deeply problematic.




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Episode 613

Dying Is Easy. Retail Is Hard.

Macy’s wants to recapture its glorious past. The author of the Wimpy Kid books wants to rebuild his dilapidated hometown. We just want to listen in. (Part two of a…

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Episode 127

Rajiv Shah Never Wastes a Crisis

After Haiti’s devastating earthquake, Rajiv Shah headed the largest humanitarian effort in U.S. history. As chief economist of the Gates Foundation he tried to immunize almost a billion children. He…

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Episode 564

How to Succeed at Failing, Part 4: Extreme Resiliency

Everyone makes mistakes. How do you learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. Part of the series “How to Succeed at…


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EXTRA

How to Succeed at Failing, Part 4: Extreme Resiliency (Update)

Everyone makes mistakes. How do we learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. (Part four of a four-part series.)…

From the Comments: A Market for Skipping Class

…required they incur foregone revenue from selling their permit on the market – the opportunity cost of skipping, in other words, is internalized when there is a market like this….




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Episode 571

Greeting Cards, Pizza Boxes, and Personal Injury Lawyers

In a special episode of The Economics of Everyday Things, host Zachary Crockett explains what millennials do to show they care, how corrugated cardboard keeps your food warm, and why…

Cornering the Market… for He-Man?

…the market in all kinds of things in order to set the price and make a killing. From Cornelius Vanderbilt buying up shares of the Harlem railroad in the 1860s,…



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Episode 78

Giving It Away

Billionaire John Arnold is figuring out how to do as much good as he can with his wealth. It takes hard work, risk tolerance, and a lot of spending.

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Episode 6

T. rex Skeletons

How do they emerge from the Upper Cretaceous period to end up in natural-history museums and private collections? Zachary Crockett digs for answers.

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Episode 202

How Many Doctors Does It Take to Start a Healthcare Revolution?

The practice of medicine has been subsumed by the business of medicine. This is great news for healthcare shareholders — and bad news for pretty much everyone else.

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Episode 565

Are Private Equity Firms Plundering the U.S. Economy?

They say they make companies more efficient through savvy management. Critics say they bend the rules to enrich themselves at the expense of consumers and employees. Can they both be…


The Man Who Changed Professional Sports

…noted in a wonderful article by E. Woodrow Eckard in the Journal of Sports Economics, the National League began in 1876 with a labor market quite similar to the markets…



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Episode 75

Self-Help for Data Nerds

Seth Stephens-Davidowitz combs through mountains of information to find advice for everyday life….

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Episode 269

Bad Medicine, Part 2: (Drug) Trials and Tribulations

How do so many ineffective and even dangerous drugs make it to market? One reason is that clinical trials are often run on “dream patients” who aren’t representative of a…

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Episode 86

Toothpaste

We reach for it twice a day — without thinking about the decades of research and engineering that went into that squeezable tube of minty goo. Zachary Crockett extracts the…

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Episode 493

Why Does the Most Monotonous Job in the World Pay $1 Million?

Adam Smith famously argued that specialization is the key to prosperity. In the N.F.L., the long snapper is proof of that argument. Just in time for the Super Bowl, here’s…


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Episode 475

Why Does the Richest Country in the World Have So Many Poor Kids? (Update)

Among O.E.C.D. nations, the U.S. has one of the highest rates of child poverty. Until recently, it looked as if Washington was about to change that. But then … Washington…

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Episode 475

Why Does the Richest Country in the World Have So Many Poor Kids?

Among O.E.C.D. nations, the U.S. has one of the highest rates of child poverty. How can that be? To find out, Stephen Dubner speaks with a Republican senator, a Democratic…

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Episode 46

Car Colors

So many vehicles on the road today are white, black, or gray — but automotive designers find that consumer preferences may be changing lanes. Zachary Crockett surveys the lot….

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Episode 493

Why Does the Most Monotonous Job in the World Pay $1 Million? (Update)

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…

Betting the Weather

markets to be just as accurate as major forecasting services. The 60 participants in this predictions market experiment, which is in the midst of a two-year run at Smeal’s Laboratory…



Fair Trade and the Food Movement

market ethics it wants to sustain collapse.? Inevitably, the Fair Trade market becomes subject to the same laws that drive the conventional commodities market.? When the price of coffee drops,…