Pushkin Wonderful News Cautionary Tales has been nominated for a Webby Award. The category is Best Original Music Score and Sound Design. Where you know who deserves the credit for that, It is the wonderful Pascal Wise. Pascal has been with Cautionary Tales right from the start. I remember sitting with him plotting how to make the sound of rats scurrying
in a deserted warehouse for our airship episode. If you would like to show us some love, and show more importantly Pascal wyse some love, go along to Webby Awards dot com and give us a vote. We will put a link in the show notes. Twenty years ago, I was working on the final draft of my first book, The Undercover Economist, when my publisher sent me a worried email. There's this new book about to come out. He said, it's also about economics, and it looks like it's going
to scoop you, and that might be a problem. But I wasn't worried. If the book was a success, it would just make economics seem cool. And anyway, how big a success could an economics book be. At the time, I lived in the US, and I've been doing some writing for the Financial Times, so I pitched the idea a flying to Chicago to interview the economist whose work was at the heart of this book. It was my first ever interview, and little did either of us know that his work was about to become one of the
biggest books of the decade. I walked away from the interview with a copy to Tim the first book I've ever signed. You can probably get at least nine dollars fifty on eBay. Steve Levitt. The book, co authored with Stephen J. Dubner, was called Free Economics and a Combined Pop Culture with Economics. It was a global smash hit. It spawned several sequels, a documentary, film, and a podcast, and twenty years after our first meeting, I am reunited
with Steve Levitt. Steve, welcome to caution me sales.
Ah, great to talk to you, Tim. We both had a pretty good run for the last twenty years.
Well you about an even better run than me, but yeah, good enough. I can't believe it's been twenty years. It was my first interview, so I was just terrified that the digital recorder wouldn't work. You kept picking it up and going, you sure, this is working. I was like, please, please don't mess with my take recorder. Did you really not know the book was going to be so big?
I mean, nobody thought the book would be successful. After we signed the contract, I called my dad to celebrate, and his only response was, this is completely immoral. I said, what are you talking about? He said, it's a moral to take the money from the publishers when you and I both know no one wants to read the junk that you write about. And I think that everyone kind of had that view. I mean, Stephen Denner and I we both agreed that we could use a little extra cash.
So when they were willing to overpay us for the book, we agreed to write it. But honestly, it was just luck. Really. The biggest thing that happened was they got me on The Daily Show with Chance Story. And honestly, the way they got me on I know, I'm not sure to say this, but somebody traded a rent controled apartment to someone who worked that Chance so in return for getting me on to the show, and that changed everything. It was pure graft, you know that made this thing take up.
Well, I mean, graft is cool these days, So you were as so often you were ahead of the curve. Although I have to say I was on I was on John Stewart's show, but I was on the Colbert Report with my second book, and I can assure you myself, and I don't think anybody traded in any rent control departments. But I assure you my second book did not do nearly as well as Freakonomics, So I think there was
more going on than just corruption. But first I need to say, I'm Tim Harford, and you're listening to cautionary tales, Steve, if you can recall the elevateor pitch from twenty years ago, what wasmics all about?
Yeah, So Freakonomics was really my research. Up to that time, I'd written dozens and dozens of of really oddball economics papers, so about how real estate agents rip you off because they have bad incentives in the contract, How getting the financial records of a crack selling gang and looking at the economics of selling drugs and the names you give to your kids doesn't expect the life. So that's the
kind of research I did. Now, of course it was very dry and academic, but it was on topics that lent themsel self to storytelling, and so when I got together with Stephen Dumner, we turned all of these academic papers I had written into a series of interwoven stories that were fun and exciting and really touching on pop culture.
So in many ways it was a rigorous economics book because the ideas and the studies that we're writing about were really serious and had the validation of having been published in Top Economics turnnes, but done with a tone that nobody had ever really done before. The heart and soul for economics is how can you talk about economics but as if you were kind of what we call
like a rogue. So it's a rogue way of having fun and making fun of a lot of things and a lot of people while you're dabbling in big economic ideas.
You may remember, you probably don't. I did actually auction that book you signed for me on eBay quite a lot more than nine dollars fifty for it.
Do you remember that?
No?
I don't. I don't remember that at all.
I said, look, I'm going to auction this and give the money to charity, and you very nobly said, well, whatever they pay, I'll match it, so or'll double the money.
You know, it's coming back to me. Yeah, yeah, it wasn't it a few hundred dollars?
It was a few hundred I think it was about six hundred dollars. I can't remember exactly. Wow, So it was not nothing slightly self interestedly. I sold it about the time my book was coming out, which was about six months after Freakonomics, obviously, just you know, anything to get a little bit of attention.
And I remember a six poker game too.
Ah yeah, you So this is a separate interview. The ft the Financial Times made me go and lose a poker to you while trying to interview you. It was really really difficult multitask.
It was good though. I thought that turned out really well. It was.
It was a fun interview, but you took all my money, and by the way, the expense claim on that was quite difficult.
That's like when I invited a call girl, a prostitute to come in and get lecture to my class at the Universe of Chicago on the economics of crime, and to get her to come, I had to agree to pay her hourly wage. And I will say I did not have success billing either the National Science Foundation or the Universit of Chicago six hundred dollars to cover the cost of hiring a prostitute to come to teach my classroom.
Because of the amount, or because of who it was being paid too.
It was because I didn't even try. Could you imagine that, I can imagine. I can imagine the National Science Foundation pays a freaking author six hundred dollars.
For prostitute with the benefit of twenty years of hindsight, any sense of why the book was such a phenomenon.
It really was a case of being in the right place at the right time. A combination of that and the fact that Dubnr and I didn't expect anyone to ever read the book, so we wrote it in a way that was very, very freeing, because we started we started out trying to write a regular book, and it was terrible, and we knew it was terrible, and we were almost going to write it anyway, because well, that's
the way you write books. And then we had the good sense to sit back and look, since no one's going to read it, why don't we try to write a book that's fun for us. Dubnor is an amazing writer, and I think he and I had the right tone. But Dubnor had written this piece about me in the New York Times, and he had cast me as this genius Sherlock Homes of economics. You give him a pile of data and he'll go bang away in his computer for two hours and solve any problem. I mean, it
was completely and totally artificial. But people loved it. It was a great piece. It was a reading that was a great piece of writing. So we just basically have been milking that completely fake image he built about me for the last twenty years, and it was a really easy voice for both of us to fit into. And I think that's part of it. I don't know why
people were so eager to read it. Now. What was really funny for me is we wrote that book, and then, of course, if you have that kind of success, you think, well, let's write a second book. And what we thought is, oh, people loved our stories, and so if we can come up with a whole bunch of good stories, people will love the next book. But people didn't really like it, and people didn't really buy it nearly as much. And I came to realize it wasn't actually the stories that
people wanted. It was more the attitude, and it was an attitude that people weren't used to, a sassy kind of exploration of possibilities people hadn't thought about, and getting that once was plenty, people didn't really need any more of it, And so we had the good sense eventually to stop writing books because I think, if anything, maybe reading Freakonomics it made people feel smart because it was
really easy to read. It was written at the seventh grade level, but it kind of invited you inside of academia in a way that was more fun and unusual compared to other books. Look, nobody really knows why it worked. I'm sure if we did it again it wouldn't work, but we were super lucky.
You said it invited people into academia in a way that made it seem really fun. Is academia really fun? I mean, you recently announced that you're leaving academia and listening to conversations you've had about that, not only are you leaving academia, but you kind of wish you'd left academia a long time ago. So what is it about academia that, if anything, that ever was fun and why did it stop being fun?
The fun part about Academia for me is the freedom to pursue ideas and the ability to tackle things you don't know anything about, and then to take the time to learn about them, and to have the freedom to fail, to not have a boss. Sometimes it's an incredible gift. In another sense, it's complete travesty because it leads many people to be very unproductive and get paid very well for many, many years. Now, that is all really fun. I think what's not fun for me about academia is
that the standard of evidence is sky high. So when you try to publish your work, you've got referees whose job is to find every possible hole in the paper, and there's an incredible bias there for in academics the answering very small questions very very convincingly, and ultimately I didn't find that so exciting because anytime there was a little bit of uncertainty, not that you thought it was wrong, you're ninety seven percent sure that you're right, And even
the referees are ninety seven percent sure they're right. Their whole job, all of their incentives, is to poke holes, and the editor's job is not to get called out later for having published a paper that's wrong. All of the work goes into trying to polish off that last one or two percent of certainty. It's really not fun and it drives you away from tackling big problems. And so for me, ultimately, I found it really fun to be in the real world after fre economics. So many
doors opened up. I got to talk to people like you, and it just showed me how big the world was and how many exciting things there were to do. And personally, the part I like best about ideas is coming up with them and testing them until I'm eighty five percent sure they're right. That's good enough for me, and then I like to move on to the next thing. And so the real world is a much better lab for doing that than academics.
You were talking about in another interview about your experiences at the University of Chicago. The Economic department at the University of Chicago was very famous, lots of Nobel Prize winners. But some of the stories you were telling about what sounded like a really toxic culture, a lot of bullying. It sounded really really bad.
Actually, most of my colleagues were wonderful, but the monster in my case is this guy Jim Heckman, who's a brilliant economist, a Nobel Prize winner. But just to give you an example, at some point he just started to hate me. But the most extreme thing you ever did was to start a seminar series. And typically the seminar series and academics are like macreeconomics, macreconomics, law and economics, trade, things like that, and we only invite academics and usually
pretty esteemed academics to come and visit and talk. The seminar that he put into place, the only requirement to speak in that is that you had to hate me and have written something critical about me. And it was completely absurd, and eventually the powers that be made him
stop doing it. But there's a core exam that every first year student has to pass in order to stay into the program, and it would be completely standard that the question he would put on would be discuss what's wrong with Steve Levitt's work, which, of course what's the GRATTU students in a terrible position because they have no choice except to say everything that is supposedly wrong with my work, when maybe they want to actually be my student.
But it was an extremely rambunctious and difficult environment. The idea at some level was that that kind of roughness would lead to big breakthroughs in scholarship.
Do you think it does?
You know, I don't think so. I think what is good for a scholarship is that people will tell you the truth about what they think about your work. But I think it also helps if you do it nicely. And there are amazing scholars at the UFC Economics devironment.
But when we were completely dysfunctional, you know, a lot of people were winning Nobel prizes, and in part it was because Chicago was willing to take folks who were thinking about things differently and to invite them in and it didn't have to come at such a high cost personality wise.
Obviously, Jim Hackwin's not on the podcast to give his side of the story, No doubt he would describe everything in his own way, but just to leave academia behind on a high before we move on, what's the academic paper you've written that you're most proud of?
So I wrote this paper and abortion in Crime got enormous amounts of attention. And the idea is that unwanted children are at risk for crime. Okay, and that's I think very well documented from decades of social science research that if your mother doesn't love you, your life is
going to be difficult on many dimensions. And so we applied that very simple logic to the changes in abortion laws in the US, the legalization abortion, and we showed that pretty credibly a huge share of the declining crime that happened in the nineteen nineties was due to the
legalization of abortion. Okay, At the end of that first paper, we in our conclusion said, well, because abortion only affects crime with a twenty year lag, we can see as we write this paper the predictions we can make about what will happen to crime over the next twenty years, and we predict that crime will continue to fall in the US about one percent a year for the next
twenty years. So the paper I'm most proud of it is that twenty years later, John Donnie, who was my call, and I said, Hey, we made that prediction twenty years ago, why don't we go test it. Let's see if it really worked. And it was different from a typical academic paper because number one, we had exactly the hypothesis we've made. We knew exactly what we were testing, and number two. We had a set of tables we had used in the initial paper that we said, look, well, exactly replicate
that methodology. So we'll get twenty years of data that is completely out of sample, and we'll just see what happens in the data. And what was so interesting is that the data over those next twenty years were completely consistent with our hypbotsis, I think, better even than we had expected. And I do not know any economist who has made a prediction and waited twenty years and then seen whether that prediction came true and done it with a real scientific rigor. And it was so confirming to
me of what we had done. And in some sense though, my deep pride about that paper also led to my exit from the profession because nobody cared. We couldn't get academics to care. We couldn't get it published easily. I mean, I sent it back to the original journal that our first paper had been polished in, and the responsors, well, we don't really publish simple papers like that anymore. And so it really pointed to me that what was important to me and what I thought was exciting about academics,
there was no market for that anymore. And when there's no market for what you're making. It's a really good idea to exit, and that's what I did.
You're listening to Cautionary Tales with me, Tim Harford and my special guest, Steve Levitt. When we come back, we'll be talking about how to teach maths in a way that makes it exciting. We're back, and I'm here with Steve Levitt. Steve, when you were at Chicago University, you founded the Center for Radical Innovation for Social Change. It's quite a grand sounding title.
I just call it RISK. I barely remember what it says for anymore.
Okay, Oh yeah, Radical Innovations has changed RISK. Yeah, I got it. Okay, So you were just aiming for the backronym. Now I understand what were you trying to do with that center.
I had gotten tired, as we've talked about already about what was going on in academics. But I wanted to try to do something that put together the best of academics, so real rigor based on innovative ideas and unpopular ideas. I didn't want to shy away from things that were unpopular, as academics don't have to shy away from unpopular things.
Mixed that with a kind of startup feel and with a philanthropic feel to try to go out and solve really big, important problems, often problems that regular nonprofits couldn't tackle because the ideas might be repugnant or unpopular. I guess it's been six or seven years now we've been at it, and like it's hard, it's hard to make real world change, but I think we finally got two or three successes on the book that we can feel
pretty good about. For example, for a long time we've been working on the issue of kidney donations, and so in the US, in particularly, there's this huge waiting list of people who are on dialysis who need a kidney, and there's a tremendous shortage of donors for kidneys. In large part that is because it is against the law to compensate financially people for giving their kidneys. It all depends on altruism. So economists disagree with most people in
the sense that we think that doesn't make sense. That done well, we could give financial incentives for kidneys and it would make the world a much better place. And the value of a kidney to the recipient and to the government who's paying for the dialysis is huge, hundreds and hundreds of thousands of dollars. So we could offer donors hundreds of thousands of dollars and still it would
be worth doing the transplant operation. And so the ethical issues around kidney donation are such that people say, well, we can't really have a mare market for kidneys because the market price is ten thousand dollars, and that'll be expectation of the poor, but it's not exploitation. If you actually pay people two hundred thousand dollars for kidneys, then what you have is you have a list of seven million people all signed up begging to give their kidney.
I tried to do that for years and I failed. But as part of risk, as we were trying to push that adenda, we were just learning a lot about kidneys. And one of my young people we really hire, really twenty really talented twenty two year olds to come and work with. He was talking with some doctors and actually
maybe watching an intake of a potential dollar. What he realized was that it turns out that of every one hundred people who show up and say I would like to donate a kidney, in the end, only about three of them make the donation, and fully forty percent of those are kicked out of the process because they're either too heavy or they smoke, and those are two things that will make doctors unwilling to do the transplant. And
he had this incredibly simple idea. He said, hey, why don't we work with the transplant centers and when someone comes in and the weight is too high, instead of saying, hey, you can't donate, we'll just have the transplant center say hey, you can't donate yet, but if you lose weight, you could. And there's this group called Risk that will for free help you lose weight. So all we did was just work with transplant centers, give them flyers and say send
people our way. And all we would do was just give them free access to weight watchers, and we would have a young person who would text them and try to give them moral support and be a cheerleader to help them lose weight. And it seems really silly and really simple and so obvious that how could it make any difference. But on a shoestring budget, our little group has led to sixty extra kidney donations over the last
year and a half. And that's sixty lives changed or saved, and the cost per life saved is something like five thousand dollars. It is about the best intervention that anyone has ever seen from a simple cost benefit and it's totally obvious. Why was no one else doing it? We're not sure, but it's a really simple insight that led to a big impact, and at scale, we could be
doing thousands of these per year. We really did it almost as a pilot, and now we're trying to figure out how we can make it really transformational in the kidney space. So that's one example of a success. I'd say another one that is really interesting to a sale.
Con of the con Academy and with Arizona State University, we helped start in online school, and you know, we had various ideas about what we thought was wrong with the way current high schools are run in the US, and it turned out that the online school was incredibly
successful in terms of test scores. And what we've learned is that the idea that there'd be a teacher standing in front of twenty five or thirty students lecturing them about things, that turns out to be roughly the least efficient way to learn that you can come up with, and the only reason we do it is because it's the technology. We had to do it in the eighteen fifties when public education got going. And so now we're launching an in person school at brick and mortar School.
So I can't say it's going to be success that because it has happened, but I have every reason to believe that we are going to be able to deliver a high school experience that is staggeringly better than what is being done right now in terms of what kids learn, how enjoyable it is to them. That we will build in creativity rather than drive creativity out. And so for me, that is the single most important and interesting and inspiring
thing I'm working on right now. Is I just believe that we are at the right moment post COVID to create a completely different model for how we teach and how we learn. And I hope that this is something I'll do till the day I die, and that more than freakonomics, that this will be my legacy.
You and I both have an interest in maths or math as I guess you would say, what do you think that we get wrong in the way the young people are taught to engage with numbers.
So I think what we do up through about the age of twelve or thirteen is not that bad. I think knowing how to add and subtract and divide and do fractions and things like that is just the basic skill in life that you need and everyone should have that. And like I don't think we do in the most efficient way, but at least we have our eye and
the prize up through about the age of thirteen. High school math, on the other hand, I think is a complete horror show because we ask children to do a whole bunch of math, which is complicated based on doing computations that nobody does anymore. So one of the things that I watch all of my high school kids do is try to learn how to compute the minimums and
maximums or the zeros of polynomials. And that is something that they did in Hidden Figures, that movie about getting but to the Moon, because we didn't have good computers and so people had to do that. But since computers came in, there's not a person on the planet who's had to do that manually other than a high school student. And we try to teach kids how to do proofs. Again great, I think knowing how to prove things is wonderful, But we make them prove all sort of things about
triangles that who cares about. Back in ancient Greece, it was important to know things about triangles. Now it really isn't. What do people actually use in their daily life. They add and subtract, They do simple arithmetic, and that's good because they've usually learned that, and then they analyze data. They use spreadsheets, They have to make sense of complicated relationships, and we do almost none of the teaching of that in high school. And so data science might call it
data analytics. That those are the skills that people need, and I believe we should teach people the things that they will use. Many of the hardcore mathematicians get upset. They say, oh, we're not teaching deep math. But I would tell you there's very deep math in data science and a lot of artistry and a lot of judgment.
And another thing that we've been doing at my Risk Center is we ended up launching something called Data Science for Everyone, which has become the leading think tank everything group that's trying to change the way we teach math to incorporate data science in the United States, and it's been really, really quite successful.
I'm sure you know. Steve Strogatz has this idea that colleges should teach math appreciation. We have art classes where you teach people to draw. You have art appreciation where you teach people the history and you know, you get people to look at pretty pictures and discuss like why they're such studying works of art. And he suggested for some students, Okay, fine, they're not going to calculate a
lot of stuff. They're not going to be high powered mathematicians or statisticians, but they could still have an appreciation of how math works, how data works. I guess fre economics should be on the course, right. It's an example of data appreciation. It doesn't really tell you the details of how your detective work was done, but it gives you a sense of the kind of things you were doing and the kind of things that you could do if you had control of the data.
Steeve Shortts and I have talked a lot about that. Actually worked with the State of Utah in the United States to try to implement some of those ideas, and we're just getting gone. We'll see how that works. The discoveries. The process of the history of math, I think is actually fascinating once you get into it.
Yeah.
But the real power of this idea of appreciation is with young people, because so many twelve and thirteen year olds are right at the point where they're deciding, oh, oh, I'm not a mass person. That's not for me, and then they check out. And that's because they don't understand why they're doing this complex math, and which makes sense because I don't really understand why they're doing their complex math.
But on the other hand, if you instead focused with young people and saying, hey, here's what's amazing about math. Here's how math is useful, here's how math is a form of storytelling, or here's how math is the language of the universe. I mean my own high school kids. They just thought, well, the teacher told me I do this this and this the answer, and so I do that. But they didn't really understand it is true that if you would do a different galaxy, it would also be true.
And so I think the idea, the most powerful part of the appreciation idea is to take people who are still trying to figure out who they are. They don't know who they are, and they're making these choices, and if they say, WHOA, maybe math is fun, then they won't close off the path to eventually maybe saying that math could be a part of your career from they don't have to be afraid of science, and so that's where I think the idea has its real leg.
You're listening to Cautionary Tales with me, Tim Harford and my guest Steve Levitt. After the break, we'll be talking about Steve's very own podcast. People I mostly admire to ask you about podcasting. When you and Dubna launched the Freakonomics radio podcast, I remember thinking, what are they doing. They've created this unbelievably successful brand. People love the books, they got a New York Times column, But podcasting, you're going to spend your time podcasting. Obviously that worked out
pretty well. So you guys were really ahead of the curve there.
I was in the exact same boat as you were when when Duminy said I'm gonna start a podcast. I think I said, what's a podcast? This wants what? Fifteen years ago He's one of the really early podcasters, and I thought it was the silliest idea. He would say Hey, can you come on my show? Could I interview you? And I'd always do it, It's really out of sympathy
for him. And then I remember if we were on a book tour, and I suppose it must have been for our third book, Thinks Like a Freak And Dumna said to me, Hey, how many downloads do you think I get a month for Freakonomics? And I didn't want to hurt his feelings, so I said, I don't know, maybe ten thousand and fifteen thousand. I really thought it was probably five hundred, but I didn't want to say that and make him think I had a low opinion
and said, oh no, it's actually over a million. I said over a million a month, and he said yeah, and I couldn't believe it. And that was one of those epiphanies, those moments of truth where you say, wait a second, So in a year, you have twice as many downloads of the podcast we've ever sold the books, even though we had a really excis book, and it really opened my eyes that as a vehicle for talking
about ideas, it is amazing. And so I never could have imagined that I would end up doing my own podcast But when I decided that I wanted to leave academia, I thought, well, you know, for twenty five for thirty years, I've been so hell bent on being a producer of ideas. I literally spent all my time trying to come up with grade economic ideas that I had closed myself off completely to learning or knowing about any anything else. And I said, I just want to relax for a while
and be a consumer. And a podcast was a way that I could convince all sorts of amazing people to come and talk to me, Nobel Prize winning chemists and things, that I could just have the joy of having really amazing conversations with incredible people and completely switch my own role from being the person who's supposed to be the genius to being the person who doesn't know anything. And this is asking the questions and got I've I found him very comfortable with that second role. I love being
the person who doesn't know anything. And then he's trying to extract information from experts. And one of the things I've learned is that many experts are incredibly bad at explaining what they do and making it approachable. And I think one of my real talents is that I'm pretty good at hearing something complex, grasping on to the end of a string and on it until I can get people to explain things in ways that I and other regular people can understand.
The podcast is called People I mostly admire, and it's a really wonderful podcast. I love listening to it. I'm sure you'll take this as a compliment. You are quite a weird interviewer in a way that it's hard to put my finger on exactly what it is. But I think it is partly this. You don't mind appearing like you don't know what you're talking about. You don't mind seeming a little bit stupid, and I think it's because actually everybody knows you're not stupid. You're a professor at Chicago.
You want all these prizes, so you don't mind asking the dumb questions. There's an artlessness about it, which I really like.
I'm very antisocial in general, and I have very little human interaction. But for these podcasts, I come prepared and I think I ask them different questions and they're used to being asked sometimes, and sometimes because of that, it gets very personal and we end up talking about things that might be seen as out of bounds, but build this strange bond. And for me, that's what is completely unexpected. But there's something about the artificiality of a podcast interview
that allows this emotional connection. You wouldn't expect it, but that's how I judge whether a podcast episode is successful. And it happens often in the most unexpected, strange ways, and that's but so fun about it for me.
Yeah, there's definitely some podcasts you listen to that you're clearly just like having the best time. I mean, there's an incredible podcast where you interviewed your daughters, which is not a normal podcast behavior for a podcast like people, I mostly admire you interviewing all these academics, and there's one point where you're in tears. She's in tears. I'm listening. I'm in tears. I mean that, you know, it's it's heavy stuff. It was an incredible interview.
So yeah, I did interview my two oldest daughters, and one of my daughters was anorexic, seriously inerrexic in hospitalized in your death. And we never really talk about the deepest issues in regular life because there's always some excuse not to. But the idea that we would sit down in a recording studio and for you know, an hour, she and I would talk and it was a conversation that for me is so special, and honestly, we hadn't had a conversation ever before that, and we really haven't
had a conversation ever that special since. Again, it was this weird thing about it being an interview being a podcast that somehow got us to open up. And I have to say, I'm so glad that I did that. Everyone else thought it was a terrible idea. My producer thought it was a terrible idea. I wasn't sure if it work or not, but it was really magical and I think it it's pulled my daughter, Lily and I
closer together than we ever would have been otherwise. But again, it's almost like that initial freakonomics somehow captured light thing in a bottle. It's the right thing at the right time, and that conversation with Lily was just I'm so glad that I had that, and I think I don't really have it enemy to have those kind of conversations with her outside of that setting. It was the artificiality that somehow allowed both of us to open up in a way we don't.
Usually you're kind of trapped. You might make an excuse and walk away from the conversation. But yeah, I wanted to ask you, Steve, about your perspective on parenting. And when I first met you, I was about to become a dad for the first time. That my oldest daughter is is slightly younger than freakonomics. You have been through some very difficult experiences as a parent. You lost your youngest son when he was very young, this experience with your daughter Lily, who was so ill. But you know,
you're still going. You've got a young family, you've got more children under the age of five. You've got a chance to do it all again. And I just think people who have had to deal with these really difficult challenges learn something that those of us who get a bit more lucky and don't have to deal with so much, maybe we don't learn. So I just wanted to get your thoughts on what you've learned from everything.
Well, I really thought after I went through my older children and then I did it, she said, I started a new family. Oh my god, all the lessons I learned, I'm going to be such a better parent. The second around, and two things happened. Number One, I realized I was so tired as first kids, I can barely remember what I did. And number two, in the actual practice of it, I literally made all the same mistakes, and it was
really disappointing to me. I have two simple pieces of ice about parenting, one of which I take and the other which I don't take, even though it's my own advice. The first simple one is that I believe that if your kids feel loved, most other things will take care of themselves. I don't do a lot of helicoptering of my kids. I don't care whether they are good at school,
and I don't push them or pressure them anyway. I think that's so much less important than just having kids who can see and know that you love them deeply and that no matter what happens, you're going to be behind them. So that's the piece of advice that I actually do a good job of parenting. The thing I don't do whish I wish I would do is not
trying to do other things while you parent. What I do all day long is I have take care of my kids, and I have work on my podcast or my new school, and it's frustrating to everyone, and it's no fun at all. And whenever I have the discipline, which isn't very often, to say, hey, for the next four hours, I'm going to sit with my and I'm not even gonna think about anything else. I'm just gonna be with them and let them dictate what happens. I'm
always happier, it's always more rewarding. The kids love it. It's good for me. I have such a lack of discipline that I cannot do that on a regular basis. There is just this outside pulls, I mean, are so strong. But if I were to give advice to others, if you're gonna work work, if you're gonna be with the kids, to be with the kids, try not to do both at once.
Steve, thank you so much for joining us on caution retales.
Oh, thank you, Jim. It's all so good. We got to do this more often.
Yeah, I'll take you up on that. I'm sure this conversation would have whetted your appetites to hear Steve interview a huge variety of guests on his podcast, people I mostly admire. You can of course find that anywhere you get your podcasts. As for caution Retaales. We will be back very soon in your feed with another of our episodes. For a full of our sources, see the show notes at Timharford dot com. Cautionary Tales as written by me Tim Harford with Andrew Wright, Alice Fines and Ryan Dilly.
It's produced by Georgia Mills and Marilyn Rust. The sound design and original music are the work of Pascal Wise. Additional sound design is by Carlos san Juan at Brain Audio. Bend ad af Haaffrey edited the scripts. The show features the voice talents of Melanie Guttridge, Stella Harford, Oliver Hembrough, Sarah Jupp, massaam Unroe, Jamal Westman, and Rufus Wright. The show also wouldn't have been possible without the work of Jacob Weisberg, Greta Cohne, Sarah Nix, Eric Sandler, Carrie Brody,
Christina Sullivan, Kira Posey, and Owen Miller. Cautionary Tales is a production of Pushkin Industries. It's recorded at Wardore Studios in London by Tom Bearry. If you like the show, please remember to share, rate and review. It really makes a difference to us and if you want to hear the show, add free sign up to Pushkin Plus on the show page on Apple Podcasts, or at pushkin dot fm, slash plus