Freakonomics Radio

We speak with a governor, a former C.D.C. director, a pandemic forecaster, a hard-charging pharmacist, and a pair of economists — who say it’s all about the incentives. (Pandemillions, anyone?)

As a former top adviser to presidents Clinton and Obama, he believes in the power of the federal government. But as former mayor of Chicago, he says that cities are where real problems get solved — especially in the era of Covid-19.

The U.S. spent the past few decades waiting for China to act like the global citizen it said it wanted to be. The waiting may be over.

Should a nurse or doctor who gets sick treating Covid-19 patients have priority access to a potentially life-saving healthcare device? Americans aren’t used to rationing in medicine, but it’s time to think about it. We consult a lung specialist, a bioethicist, and (of course) an economist.

Covid-19 has shocked our food-supply system like nothing in modern history. We examine the winners, the losers, the unintended consequences — and just how much toilet paper one household really needs.

Congress just passed the biggest aid package in modern history. We ask six former White House economic advisors and one U.S. Senator: Will it actually work? What are its best and worst features? Where does $2 trillion come from, and what are the long-term effects of all that government spending?

There are a lot of upsides to urban density — but viral contagion is not one of them. Also: a nationwide lockdown will show if familiarity really breeds contempt. And: how to help your neighbor.

In just a few weeks, the novel coronavirus has undone a century’s worth of our economic and social habits. What consequences will this have on our future — and is there a silver lining in this very black pandemic cloud?

As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?

Trump says it would destroy us. Sanders says it will save us. The majority of millennials would like it to replace capitalism. But what is “it”? We bring in the economists to sort things out and tell us what the U.S. can learn from the good (and bad) experiences of other (supposedly) socialist countries.