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!
America’s top colleges are facing record demand. So why don’t they increase supply? (Part 2 of “Freakonomics Radio Goes Back to School.”)
We think of them as intellectual enclaves and the surest route to a better life. But U.S. colleges also operate like firms, trying to differentiate their products to win market share and prestige points. In the first episode of a special series, we ask what our chaotic system gets right — and wrong. (Part 1 of “Freakonomics Radio Goes Back to School.”)
The political scientist Yuen Yuen Ang argues that different forms of government create different styles of corruption. The U.S. and China have more in common than we’d like to admit — but Russia is a different story, which could explain its willingness to invade Ukraine.
Nearly 2 percent of America is grassy green. Sure, lawns are beautiful and useful and they smell great. But are the costs — financial, environmental and otherwise — worth the benefits?
The British art superstar Flora Yukhnovich, the Freakonomist Steve Levitt, and the upstart American Basketball Association were all unafraid to follow their joy — despite sneers from the Establishment. Should we all be more willing to embrace the déclassé?
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.
Every year, there are more than a million collisions in the U.S. between drivers and deer. The result: hundreds of deaths, thousands of injuries, and billions in damages. Enter the wolf …
Organized labor hasn’t had this much public support in 50 years, and yet the percentage of Americans in a union is near a record low. A.F.L-C.I.O. president Liz Shuler tries to explain this gap — and persuade Stephen Dubner that “the folks who brought you the weekend” still have the leverage to fix a broken economy.
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.
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.”
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 happened.
Frisco used to be just another sleepy bedroom community outside of Dallas. Now it’s got corporate headquarters, billions of investment dollars, and a bunch of Democrats in a place that used to be deep red. Is Frisco nothing more than a suburb on steroids — or is it the future of the American city?
When Stephen Dubner learned that Dallas–Fort Worth will soon overtake Chicago as the third-biggest metro area in the U.S., he got on a plane to find out why. Despite getting stood up by the mayor, nearly drowning on a highway, and eating way too much barbecue, he came away impressed. (Part 1 of 2 — because even podcasts are bigger in Texas.)
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 everything there is to know about a job that didn’t used to exist. To find out more, check out the podcasts from which this hour was drawn: “Why Does the . . .
Curses and other superstitions may have no basis in reality, but that doesn’t stop us from believing.
Is art really meant to be an “asset class”? Will the digital revolution finally democratize a market that just keeps getting more elitist? And what will happen to the last painting Alice Neel ever made? (Part 3 of “The Hidden Side of the Art Market.”) To find out more, check out the podcasts from which this hour was drawn: “‘The . . .
The more successful an artist is, the more likely their work will later be resold at auction for a huge markup — and they receive nothing. Should that change? Also: why doesn’t contemporary art impact society the way music and film do? (Part 2 of “The Hidden Side of the Art Market.”)
The art market is so opaque and illiquid that it barely functions like a market at all. A handful of big names get all the headlines (and most of the dollars). Beneath the surface is a tangled web of dealers, curators, auction houses, speculators — and, of course, artists. In this episode, we meet the key players and learn how an obscure, long-dead American painter suddenly became a superstar.
When Richard Thaler published Nudge in 2008 with co-author Cass Sunstein, the world was just starting to believe in his brand of behavioral economics. How did nudge theory hold up in the face of a global financial meltdown, a pandemic and other existential crises? With the publication of a new, radically updated edition, Thaler tries to persuade Stephen Dubner that nudging is more relevant today than ever.
According to a decades-long research project, the U.S. is not only the most individualistic country on earth; we’re also high on indulgence, short-term thinking, and masculinity (but low on “uncertainty avoidance,” if that makes you feel better). We look at how these traits affect our daily lives and why we couldn’t change them even if we wanted to.
We often look to other countries for smart policies on education, healthcare, infrastructure, etc. But can a smart policy be simply transplanted into a country as culturally unusual (and as supremely WEIRD) as America?
You know the saying: “There are no shortcuts in life.” What if that saying is just wrong? In his new book Thinking Better: The Art of the Shortcut in Math and Life, the mathematician Marcus du Sautoy argues that shortcuts can be applied to practically anything: music, psychotherapy, even politics. Our latest installment of the Freakonomics Radio Book Club.
Smart government policies, good industrial relations, and high-end products have helped German manufacturing beat back the threats of globalization.
The U.S. is home to seven of the world’s 10 biggest companies. How did that happen? The answer may come down to two little letters: V.C. Is venture capital good for society, or does it just help the rich get richer? Stephen Dubner invests the time to find out. To find out more, check out the podcasts from which this . . .
The pandemic may be winding down, but that doesn’t mean we’ll return to full-time commuting and packed office buildings. The greatest accidental experiment in the history of labor has lessons to teach us about productivity, flexibility, and even reversing the brain drain. But don’t buy another dozen pairs of sweatpants just yet. To find out more, check out the podcast . . .
Is the U.S. really less corrupt than China? A new book by an unorthodox political scientist argues that the two rivals have more in common than we’d like to admit. It’s just that most American corruption is essentially legal. To find out more, check out the podcasts from which this hour was drawn: “Is the U.S. Really Less Corrupt Than . . .
Evidence from Nazi Germany and 1940’s America (and pretty much everywhere else) shows that discrimination is incredibly costly — to the victims, of course, but also the perpetrators. One modern solution is to invoke a diversity mandate. But new research shows that’s not necessarily the answer. To find out more, check out the podcasts from which this hour was drawn: . . .
In one of the earliest Freakonomics Radio episodes (No. 39!), we asked a bunch of economists with young kids how they approached child-rearing. Now the kids are old enough to talk — and they have a lot to say. We hear about nature vs. nurture, capitalism vs. Marxism, and why you sometimes don’t tell your friends that your father is an economist. . . .
Should America be run by … Trader Joe’s? The quirky little grocery chain with California roots and German ownership has a lot to teach all of us about choice architecture, efficiency, frugality, collaboration, and team spirit. To find out more, check out the podcasts from which this hour was drawn: “Should America Be Run by … Trader Joe’s?” and No . . .
Arthur Brooks is an economist who for 10 years ran the American Enterprise Institute, one of the most influential conservative think tanks in the world. He has come to believe there is only one weapon that can defeat our extreme political polarization: love. Is Brooks a fool for thinking this — and are you perhaps his kind of fool? And: . . .
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