What happens when tens of millions of fantasy-sports players are suddenly able to bet real money on real games? We’re about to find out. A recent Supreme Court decision has cleared the way to bring an estimated $300 billion in black-market sports betting into the light. We sort out the winners and losers.
Author: Freakonomics Radio
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429. Is Economic Growth the Wrong Goal?
The endless pursuit of G.D.P., argues the economist Kate Raworth, shortchanges too many people and also trashes the planet. Economic theory, she says, “needs to be rewritten” — and Raworth has tried, in a book called Doughnut Economics. It has found an audience among reformers, and now the city of Amsterdam is going whole doughnut.
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How the Supermarket Helped America Win the Cold War (Ep. 386 Rebroadcast)
Aisle upon aisle of fresh produce, cheap meat, and sugary cereal — a delicious embodiment of free-market capitalism, right? Not quite. The supermarket was in fact the endpoint of the U.S. government’s battle for agricultural abundance against the U.S.S.R. Our farm policies were built to dominate, not necessarily to nourish — and we are still living with the consequences.
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428. The Simple Economics of Saving the Amazon Rain Forest
Everyone agrees that massive deforestation is an environmental disaster. But most of the standard solutions — scolding the Brazilians, invoking universal morality — ignore the one solution that might actually work
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427. The Pros and Cons of Reparations
Most Americans agree that racial discrimination has been, and remains, a big problem. But that is where the agreement ends.
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426. Should America (and FIFA) Pay Reparations?
The racial wealth gap in the U.S. is massive. We explore the causes, consequences, and potential solutions. Also: another story of discrimination and economic disparity, this one perpetrated by an international sporting authority. The first of a two-part series.
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425. Remembrance of Economic Crises Past
Christina Romer was a top White House economist during the Great Recession. As a researcher, she specializes in the Great Depression. She tells us what those disasters can (and can’t) teach us about the Covid crash.
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424. How to Make Your Own Luck
Before she decided to become a poker pro, Maria Konnikova didn’t know how many cards are in a deck. But she did have a Ph.D. in psychology, a brilliant coach, and a burning desire to know whether life is driven more by skill or chance. She found some answers in poker — and in her new book The Biggest Bluff, she’s willing to tell us everything she learned.
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423. The Doctor Will Zoom You Now
Thanks to the pandemic, the telehealth revolution we’ve been promised for decades has finally arrived. Will it stick? Will it cut costs — and improve outcomes? We ring up two doctors and, of course, an economist to find out.
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422. Introducing “No Stupid Questions”
In this new addition to the Freakonomics Radio Network, co-hosts Stephen Dubner and Angela Duckworth discuss the relationship between age and happiness. Also: does all creativity come from pain? New episodes of “No Stupid Questions” are released every Sunday evening — please subscribe wherever you get your podcasts.