How did a freshly looted Egyptian antiquity end up in the Metropolitan Museum of Art? Why did it take Kim Kardashian to crack the case? And how much of what you see in any museum is stolen? (Part 1 of “Stealing Art Is Easy. Giving It Back Is Hard.”)
May 04, 2023•53 min•Transcript available on Metacast Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don’t worry: we’ve got the solution.
Apr 27, 2023•43 min•Transcript available on Metacast Every language has its taboo words (which many people use all the time). But the list of forbidden words is always changing — and those changes tell us some surprising things about ourselves. Note: The swear words in this episode have been bleeped out. To hear a version of this episode without the bleeps, go to freakonomics.com.
Apr 20, 2023•45 min•Transcript available on Metacast Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.
Apr 13, 2023•47 min•Transcript available on Metacast Many companies say they want to create more opportunities for Black Americans. One company is doing something concrete about it. We visit the South Side of Chicago to see how it’s working out.
Apr 06, 2023•48 min•Transcript available on Metacast Every year, Americans short the I.R.S. nearly half a trillion dollars. Most ideas to increase compliance are more stick than carrot — scary letters, audits, and penalties. But what if we gave taxpayers a chance to allocate how their money is spent, or even bribed them with a thank-you gift?
Mar 30, 2023•43 min•Transcript available on Metacast In this installment of the Freakonomics Radio Book Club, the economist Amy Finkelstein explains why insurance markets are broken and how to fix them. Also: why can’t you buy divorce insurance?
Mar 23, 2023•53 min•Transcript available on Metacast 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.
Mar 16, 2023•50 min•Transcript available on Metacast Most travelers want the cheapest flight they can find. Airlines, meanwhile, need to manage volatile fuel costs, a pricey workforce, and complex logistics. So how do they make money — and how did America’s grubbiest airport suddenly turn into a palace? (Part 3 of “ Freakonomics Radio Takes to the Skies .”)
Mar 09, 2023•58 min•Transcript available on Metacast Thanks to decades of work by airlines and regulators, plane crashes are nearly a thing of the past. Can we do the same for cars? (Part 2 of “ Freakonomics Radio Takes to the Skies .”)
Mar 02, 2023•56 min•Transcript available on Metacast It’s an unnatural activity that has become normal. You’re stuck in a metal tube with hundreds of strangers (and strange smells), defying gravity and racing through the sky. But oh, the places you’ll go! We visit the world’s busiest airport to see how it all comes together. (Part 1 of “ Freakonomics Radio Takes to the Skies .”)
Feb 23, 2023•58 min•Transcript available on Metacast 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 job that didn’t used to exist.
Feb 16, 2023•53 min•Transcript available on Metacast Hotel guests adore those cute little soaps, but is it just a one-night stand? In our fourth episode of The Economics of Everyday Things , Zachary Crockett discovers what happens to those soaps when we love ’em and leave ’em.
Feb 13, 2023•17 min•Transcript available on Metacast For decades, the U.S. let globalization run its course and hoped China would be an ally. Now the Biden administration is spending billions to bring high-tech manufacturing back home. Is this the beginning of a new industrial policy — or just another round of corporate welfare?
Feb 09, 2023•51 min•Transcript available on Metacast Can a hit single from four decades ago still pay the bills? Zachary Crockett f-f-f-finds out in the third episode of our newest podcast, The Economics of Everyday Things .
Feb 06, 2023•18 min•Transcript available on Metacast The economist Kate Raworth says the aggressive pursuit of G.D.P. is trashing the planet and shortchanging too many people. She has proposed an alternative — and the city of Amsterdam is giving it a try. How's it going?
Feb 02, 2023•42 min•Transcript available on Metacast How does America's cutest sales force get billions of Thin Mints, Samoas, and Tagalongs into our hands every year? Zachary Crockett finds out in the second episode of our newest podcast, The Economics of Everyday Things .
Jan 30, 2023•14 min•Transcript available on Metacast When small businesses get bought by big investors, the name may stay the same — but customers and employees can feel the difference. (Part 2 of 2.)
Jan 26, 2023•47 min•Transcript available on Metacast A new podcast hosted by Zachary Crockett. In the first episode: Gas stations. When gas prices skyrocket, do station owners get a windfall? And where do their profits really come from?
Jan 23, 2023•15 min•Transcript available on Metacast Big investors are buying up local veterinary practices (and pretty much everything else). What does this mean for scruffy little Max* — and for the U.S. economy? (Part 1 of 2.) *The most popular dog name in the U.S. in 2022.
Jan 19, 2023•42 min•Transcript available on Metacast And with her book "Salt, Fat, Acid, Heat," she succeeded. Now she's not so sure how to feel about all the attention.
Jan 16, 2023•39 min•Transcript available on Metacast We tend to look down on artists who can't match their breakthrough success. Should we be celebrating them instead?
Jan 12, 2023•49 min•Transcript available on Metacast In a special episode of No Stupid Questions , Stephen Dubner and Angela Duckworth discuss classroom design, open offices, and cognitive drift.
Jan 05, 2023•47 min•Transcript available on Metacast In this special episode of People I (Mostly) Admire , Steve Levitt talks to the best-selling author of Sapiens and Homo Deus about finding the profound in the obvious.
Dec 29, 2022•52 min•Transcript available on Metacast Labor exploitation! Corporate profiteering! Government corruption! The 21st century can look a lot like the 18th. In the final episode of a series, we turn to “the father of economics” for solutions. (Part 3 of “ In Search of the Real Adam Smith .”)
Dec 22, 2022•49 min•Transcript available on Metacast Economists and politicians have turned him into a mascot for free-market ideology. Some on the left say the right has badly misread him. Prepare for a very Smithy tug of war. (Part 2 of “In Search of the Real Adam Smith.”)
Dec 15, 2022•1 hr 9 min•Transcript available on Metacast A sneak peek at an upcoming series — and a call for would-be radio reporters.
Dec 12, 2022•6 min•Transcript available on Metacast How did an affable 18th-century “moral philosopher” become the patron saint of cutthroat capitalism? Does “the invisible hand” mean what everyone thinks it does? We travel to Smith’s hometown in Scotland to uncover the man behind the myth. (Part 1 of a series.)
Dec 08, 2022•47 min•Transcript available on Metacast In this special episode of Freakonomics, M.D. , host Bapu Jena looks at a clever new study that could help answer one of parenting’s most contentious questions.
Dec 01, 2022•32 min•Transcript available on Metacast No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle. In this installment of the Freakonomics Radio Book Club, we revisit the book that launched the analytics revolution.
Nov 24, 2022•53 min•Transcript available on Metacast