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Is the Government More Entrepreneurial Than You Think?

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.

9/5/18
37:50

How Can Tiny Norway Afford So Many Teslas?

Season 5, Episode 13

On this week’s episode of Freakonomics Radio:

In 2014, Tesla’s Model S became the best-selling car in Norway ever for a one-month period. Not bad for a luxury electric vehicle whose base price in Norway is over $100,000. What’s behind this Tesla boom?

And then, hear our interview with the physician/anthropologist Jim Yong Kim. He used to advocate dismantling the World Bank; now he’s running it — and is eager to apply the insights of behavioral economics to development policy.

1/15/16

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