Freakonomics Radio Presenting two stories from The Economics of Everyday Things: Why does it seem like every car is black, white, or gray these days? And: How self-storage took over America. SOURCES: Tom Crockett, classic car enthusiast. Zachary Dickens, executive vice president and chief investment officer of Extra Space Storage. Mark Gutjahr, global head of design at … Read more
The economist and social critic Glenn Loury has led a remarkably turbulent life, both professionally and personally. In a new memoir, he has chosen to reveal just about everything. Why? SOURCE: Glenn Loury, professor of economics at Brown University and host of The Glenn Show. RESOURCES: Late Admissions: Confessions of a Black Conservative, … Read more
The employee ownership movement is growing, and one of its biggest champions is also a private equity heavyweight. Is this meaningful change, or just window dressing? SOURCES: Marjorie Kelly, distinguished senior fellow at The Democracy Collaborative. Corey Rosen, founder and senior staff member of the National Center for Employee Ownership. Pete Stavros, co-head of … Read more
From politics and economics to psychology and the arts, many of the modern ideas we take for granted emerged a century ago from a single European capital. In this episode of the Freakonomics Radio Book Club, the historian Richard Cockett explores all those ideas — and how the arrival of fascism can ruin in a … Read more
Five years ago, we published an episode about the boom in home DNA testing kits, focusing on the high-flying firm 23andMe and its C.E.O. Anne Wojcicki. Their flight has been extremely bumpy since then. This update includes an additional interview with the Wall Street Journal reporter who has been investigating the firm’s collapse. SOURCES: … Read more
Justin Trudeau, facing record-low approval numbers, is doubling down on his progressive agenda. But he is so upbeat (and Canada-polite) that it’s easy to miss just how radical his vision is. Can he make it work? SOURCE: Justin Trudeau, Prime Minister of Canada. RESOURCES: 2024 Canadian Federal Budget. “Canada to Set First-Ever Cap … Read more
So you want to help people? That’s great — but beware the law of unintended consequences. Three stories from the modern workplace. SOURCES: Joshua Angrist, professor of economics at the Massachusetts Institute of Technology. Zoe Cullen, professor of business administration at Harvard Business School. Marina Gertsberg, senior lecturer in finance at the University of … Read more
The psychologist Daniel Kahneman — a Nobel laureate and the author of Thinking, Fast and Slow — recently died at age 90. Along with his collaborator Amos Tversky, he changed how we all think about decision-making. The journalist Michael Lewis told the Kahneman-Tversky story in a 2016 book called The Undoing Project. In this episode, Lewis … Read more
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. SOURCES: Nick Bloom, professor of economics at Stanford University. Katie Johnson, freelance data and analytics coach. Kelly Shue, professor of finance at the Yale … Read more
Fareed Zakaria says yes. But it’s not just political revolution — it’s economic, technological, even emotional. He doesn’t offer easy solutions but he does offer some hope. SOURCES: Fareed Zakaria, journalist and author. RESOURCES: Age of Revolutions: Progress and Backlash from 1600 to the Present, by Fareed Zakaria (2024). “The Ultimate Election Year: … Read more