Freakonomics Radio is a weekly podcast that is adapted for broadcast on public radio stations around the U.S. (check your local station’s schedule). If you heard our show on the radio and want to hear it again, or read a transcript of the original podcast episode, you can find your way to all of that in this archive. And if your public-radio station doesn’t carry Freakonomics Radio, give them a friendly nudge!
This week on Freakonomics Radio, economists preach the gospel of “creative destruction,” whereby new industries — and jobs — replace the old ones. But in this era of technological wonder, has creative destruction become too destructive?
This week, Freakonomics Radio asks two questions, related but separate. One is whether giving away money – in this case, to a religious institution – makes you happier. The other is whether religion itself makes you happier. Neither question is easy to answer.
On Freakonomics Radio this week, we dare to ask whether civics class answers for why we pay attention to the news are really true. Could it be that we read about war, politics, etc. simply because it’s (gasp) entertaining?
On this week’s Freakonomics Radio: When the uncelebrated Leicester City Football Club won the English Premier League, it wasn’t just the biggest underdog story in recent history. It was a sign of changing economics — and that other impossible, wonderful events might be lurking just around the corner.
On this week’s Freakonomics Radio, we meet a young Michigan couple who win a diamond at a charity event and then can’t decide what to do with it. Sell? Set it in a ring? Or stash it in the laundry room and just keep fighting about it? We also hear from Edward Jay Epstein, who wrote a book about trying to resell a diamond, and we learn the strange, shady history of how diamonds have come to be as “valuable” as they are.
This week on Freakonomics Radio, we were inspired by a fascinating research paper called “Suspense and Surprise” by the economists Jeffrey Ely, Alexander Frankel, and Emir Kamenica. We speak with all three of them about what makes a particular sport suspenseful (or boring), what makes a movie thrilling (or, as in the case of M. Night Shyamalan, increasingly not), and why these things are worth discussing within the realm of economics. We’ll also hear from practitioners of the art of suspense, including novelist Harlan Coben.
Season 5, Episode 30 This week, Freakonomics Radio expands on an idea from political theorist Benjamin Barber, who wrote If Mayors Ruled the World: Dysfunctional Nations, Rising Cities. Barber argues that cities are paragons of good governance — compared, at least, to nation-states — and that is largely due to their mayors. Mayors, Barber argues, are can-do people who inevitably cut through the . . .
Season 5, Episode 29
This week on Freakonomics Radio we ask: what are the three hardest words to say? Conventional wisdom suggests “I love you.” But c’mon, people say that all the time. What about “I don’t know?” We’ll argue that our inability to say these words more often can have huge consequences.
Then, Stephen Dubner talks with Kevin Kelly, a self-described old hippie and onetime editor of hippiedom’s do-it-yourself bible, The Whole Earth Catalog, who went on to co-found Wired magazine, a beacon of the digital age.
Season 5, Episode 27
On this week’s Freakonomics Radio: a lot of full-time jobs in the modern economy simply don’t pay a living wage. And even those jobs may be obliterated by new technologies. What’s to be done so that financially vulnerable people aren’t just crushed? It may finally be time for an idea that economists have promoted for decades: a guaranteed basic income.
Also, what is the long-term impact of suddenly acquiring a valuable asset? An 1832 land lottery in Georgia randomly rewarded roughly 20 percent of its participants with a large tract of land. Two researchers used U.S. Census data to track how this new wealth changed the lives of these families.
Season 5, Episode 26
This week on Freakonomics Radio: critics — including President Obama — say short-term, high-interest loans are predatory, trapping borrowers in a cycle of debt. But some economists see them as a useful, if expensive, financial instrument for people who might otherwise not have access to cash. As the Consumer Financial Protection Bureau promotes new regulation, we ask: who’s right?
To learn more, check out the podcast from which this hour was drawn: “Are Payday Loans Really as Evil as People Say?“
Season 5, Episode 25
This week on Freakonomics Radio, what’s “the perfect crime?” It turns out that if you are driving your car and run over a pedestrian, there’s a good chance — especially if you live in New York — that you’ll barely be punished. Why?
Also, where have all the hitchhikers gone? Thumbing a ride used to be commonplace. Now you’re more likely to see it happen in the opening scene of a slasher movie. Maybe that explains it.
Season 5, Episode 24
This hour of Freakonomics Radio is all about tipping. As we all know, the practice of tipping can be awkward, random, and confusing. What you might not know is that it is discriminatory, and according to at least one academic’s research, correlates with corruption. We talk with a professor who has written over 50 papers on the subject.
Then, we explore the warped restaurant business model: kitchen wages are too low to hire cooks, while diners are put in charge of paying the waitstaff. So what happens if you eliminate tipping, raise menu prices, and redistribute the wealth? New York restaurant maverick Danny Meyer is about to find out.
Season 5, Episode 23
This week on Freakonomics Radio: Junior U.S. Senator from New Jersey Cory Booker thinks bipartisanship is right around the corner. Is he just an idealistic newbie or does he see a way forward that everyone else has missed?
Then, as sexy as the digital revolution may be, it can’t compare to the Second Industrial Revolution (electricity! the gas engine! antibiotics!), which created the biggest standard-of-living boost in U.S. history. The only problem, argues the economist Robert Gordon, is that the Second Industrial Revolution was a one-time event.
Season 5, Episode 22 As we learned in last week’s episode, Cognitive Behavioral Therapy (CBT) has been effective in reducing criminal behavior among teenagers in Chicago and former child soldiers in Liberia. This week we go to England, where behavioral-therapy workshops for low-level domestic violence offenders have achieved a 40 percent reduction in repeat incidents of abuse. We also talk . . .
Season 5, Episode 21
On this week’s episode of Freakonomics Radio: conventional crime-prevention programs tend to be expensive, onerous, and ineffective. Could something as simple (and cheap) as cognitive behavioral therapy (CBT) do the trick? First we go to Chicago, where at-risk teenagers who learn to be less impulsive have lower dropout and arrest rates.
Then, we take a look at Liberia, where a former child soldier and a team of researchers pair CBT with a cash incentive to help other former soldiers become productive citizens in peacetime.
Season 5, Episode 20
On this week’s episode of Freakonomics Radio: Doctors, chefs, and other experts are much more likely than the rest of us to buy store-brand products. What do they know that we don’t? And if we all did like they do, how much fatter might our wallets be?
Then, imagine a fantasy world that’s exactly as the world is today except that two things are missing: alcohol and marijuana. And then imagine that tomorrow, both of them are discovered. What happens now? How are each of them used – and, perhaps more importantly, regulated? How would we weigh the relative benefits and costs of alcohol versus marijuana?
Season 5, Episode 19
On this week’s episode of Freakonomics Radio: We spend billions of dollars on end-of-life healthcare that often doesn’t do much good. So what if a patient could forego the standard treatment and get a cash rebate instead?
Also, the war on cigarettes has been fairly successful in some places. In the U.S., the smoking rate has fallen by more than half. But a billion humans still smoke, so what comes next?
Season 5, Episode 18
On this week’s episode of Freakonomics Radio: The first woman to get tenure in the Harvard economics department has tried to uncover the reasons for the pay gap between men and women. Turns out discrimination doesn’t explain why women earn so much less. It’s much more complicated than that.
Also, what’s behind the surprising fact that a marriage that produces a girl is more likely to end in divorce than one that produces a boy? In this episode we delve into the research — and the broader economic implications of so many girls living without their dads.
Season 5, Episode 17
On this week’s episode of Freakonomics Radio: there’s a huge stigma attached to failure. But should there be? Perhaps we’re not thinking clearly about failure. Maybe failure can be your friend.
Also on this week’s episode: in most countries, houses get more valuable over time. But in Japan, a new buyer often bulldozes the home. Why?
Season 5, Episode 16
On this week’s episode of Freakonomics Radio: a look at the supply side of the education equation — the teachers — as well the demand side, the students.
Teacher quality has a huge impact. So how can we best identify, educate, and reward the good ones? And what can be done to take failing students and put them on a track to graduation?
Season 5, Episode 15
On this week’s episode of Freakonomics Radio: sure, markets generally work well. But for some transactions — like school admissions and organ transplants — money alone can’t solve the problem. That’s when you need a market-design wizard like Nobel Prize winner Al Roth. You’ll hear how Roth and others have revolutionized the organ-donor market. Plus, the amazing story of how one particularly selfless woman became the first link in a donor chain that gave life to many others.
Season 5, Episode 14
On this week’s episode of Freakonomics Radio: Why would anyone want to think like a child? Aren’t kids just sloppy, inchoate versions of us? Hardly. As Stephen Dubner and Steve Levitt describe in their book Think Like a Freak, it can be very fruitful like a child.
And then: How can we get kids to eat healthier food? Educational messaging sounds like a good idea, but kids don’t respond to it. So why not bribe them?
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.
Season 5, Episode 12
On this week’s episode of Freakonomics Radio: The argument for open borders is compelling — and deeply problematic. We hear from economists for and against the argument as well as immigrants, including former U.S. Secretary of State Madeleine Albright.
Season 5, Episode 11
On this week’s episode of Freakonomics Radio, we continue last week’s conversation about the economics of sleep. We look at some research suggesting, for instance, that early birds really do get the worm.
And then we look into the tactics — physical, mental, and strategic — of six-time hot dog-eating champion Takeru Kobayashi, who revolutionized the sport of competitive eating. What can the rest of us can learn from his breakthroughs?
Season 5, Episode 10
On this week’s episode of Freakonomics Radio: poor sleep can impair our cognitive function; sleep loss has been linked to adverse physical outcomes like weight gain and, increasingly, more serious maladies; and the Centers for Disease Control recently declared insufficient sleep a “public-health epidemic.” So are we treating the problem as seriously as we ought to be? And is it possible that lack of sleep can even explain the income gap? We speak with sleep researchers, economists, a psychologist and an epidemiologist to answer these questions.
Season 5, Episode 9
On this week’s episode of Freakonomics Radio: first up: what are the factors that make a given person more or less likely to have children? And is the global population really going to double by the next century? Probably not.
And then: “That’s a great question!” You hear this phrase in all kinds of media interviews, during the Q&A portion of tech and academic conferences, and in ordinary meetings. Where did this ubiquitous reply come from? Is it a verbal tic, a strategic rejoinder, or something more? We talk to a linguist, a media consultant and master interviewer Charlie Rose about why it’s rare to come across an interview these days where at least one question isn’t a “great” one.
Season 5, Episode 8
On this week’s episode of Freakonomics Radio, two interviews: first, former Fed chairman Ben Bernanke, who was handed the keys to the global economy just as it started heading off a cliff. And then Anne-Marie Slaughter, a former State Department adviser, who was best known for her adamant views on Syria when she accidentally became a poster girl for modern feminism.
Bernanke tells us what he knew and didn’t know about the state of the economy as the financial crisis began to unfold, and he explains what FDR got right and wrong during the Great Depression. Slaughter continues the heated national conversation sparked by her 2012 Atlantic essay “Why Women Still Can’t Have It All,” and we talk about her early warnings on Syria and what she’d suggest if she had the White House’s ear today.
Season 5, Episode 7
On this week’s episode of Freakonomics Radio, first: we’re not asking that using a public restroom be a pleasant experience, but are there ways to make it less miserable? And then: how did the belt, an organ-squeezing belly tourniquet, become part of our everyday wardrobe — and what other suboptimal solutions do we routinely put up with?
The gist: public bathrooms — when you can find one — are often noisy and poorly designed. In this episode, we explore the history of the public restroom, the taboos that accompany it, and the public-health risks of paying too little attention to the lowly toilet.
Season 5, Episode 6
On this week’s episode of Freakonomics Radio, a live game show with host Stephen Dubner, and judges Malcolm Gladwell, Ana Gasteyer, and David Paterson.
Audience members are invited onstage to tell us something we didn’t know. We learn a bit, laugh a lot, and as a bonus, each of the judges tell us something about themselves we didn’t know. You’ll learn how Malcolm Gladwell got fired from an internship with a prominent judge; how Ana Gasteyer watched Star Wars with a prominent family; and why Governor Paterson was desperate for O.J. Simpson’s famous Bronco chase to be cut short.
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, a self-described old hippie and onetime editor of hippiedom’s do-it-yourself bible, 
