Freakonomics Radio
Insurance forms that make no sense. Subscriptions that can’t be cancelled. A never-ending blizzard of automated notifications. In this update of a 2025 episode, Stephen Dubner discovers where all this sludge comes from — and how much it’s costing us.
- SOURCES:
- Benjamin Handel, professor of economics at UC Berkeley.
- Neale Mahoney, professor of economics at Stanford University.
- Richard Thaler, professor of economics at The University of Chicago.
- RESOURCES:
- “Selling Subscriptions,” by Liran Einav, Ben Klopack, and Neale Mahoney (Stanford University, 2023).
- “The ‘Enshittification’ of TikTok,” by Cory Doctorow (WIRED, 2023).
- “Dominated Options in Health Insurance Plans,” by Chenyuan Liu and Justin Sydnor (American Economic Journal: Economic Policy, 2022).
- Nudge: The Final Edition, by Richard Thaler and Cass Sunstein (2021).
- “Frictions or Mental Gaps: What’s Behind the Information We (Don’t) Use and When Do We Care?” by Benjamin Handel and Joshua Schwartzstein (Journal of Economic Perspectives, 2018).
- “Adverse Selection and Switching Costs in Health Insurance Markets: When Nudging Hurts,” by Benjamin Handel (National Bureau of Economic Research, 2011).
- EXTRAS:
- “Sludge,” series by Freakonomics Radio (2025).
- “People Aren’t Dumb. The World Is Hard. (Update)” by Freakonomics Radio (2024).
- “All You Need is Nudge,” by Freakonomics Radio (2021).
- “How to Fix the Hot Mess of U.S. Healthcare,” by Freakonomics Radio (2021).
- “Should We Really Behave Like Economists Say We Do?” by Freakonomics Radio (2015).
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
-
How to Stop Worrying and Love the Robot Apocalypse (Update)
It’s true that robots (and other smart technologies) will kill many jobs. It may also be true that newer collaborative robots (“cobots”) will totally reinvigorate how work gets done. That, at least, is what the…
-
611. Fareed Zakaria on What Just Happened, and What Comes Next
After a dramatic election, Donald Trump has returned from exile. We hear what to expect at home and abroad — and what to do if you didn’t vote for Trump. SOURCE: Fareed Zakaria, journalist…
-
610. Who Wins and Who Loses Once the U.S. Legalizes Weed?
Some people want the new cannabis economy to look like the craft-beer movement. Others are hoping to build the Amazon of pot. And one expert would prefer a government-run monopoly. We listen in as they…
-
609. What Does It Take to Run a Cannabis Farm?
Chris Weld worked for years in emergency rooms, then ditched that career and bought an old farm in Massachusetts. He set up a distillery and started making prize-winning spirits. When cannabis was legalized, he jumped…
-
609. What Does It Take to Run a Cannabis Farm?
Chris Weld worked for years in emergency rooms, then ditched that career and bought an old farm in Massachusetts. He set up a distillery and started making prize-winning spirits. When cannabis was legalized, he jumped…
-
609. What Does It Take to Run a Cannabis Farm?
Chris Weld worked for years in emergency rooms, then ditched that career and bought an old farm in Massachusetts. He set up a distillery and started making prize-winning spirits. When cannabis was legalized, he jumped…
-
Abortion and Crime, Revisited (Update)
With abortion on the Nov. 5 ballot, we look back at Steve Levitt’s controversial research about an unintended consequence of Roe v. Wade. SOURCES: John Donohue, professor of law at Stanford Law School. Steve…
-
608. Cannabis Is Booming, So Why Isn’t Anyone Getting Rich?
There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime,…
-
608. Cannabis Is Booming, So Why Isn’t Anyone Getting Rich?
There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime,…
-
608. Cannabis Is Booming, So Why Isn’t Anyone Getting Rich?
There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime,…