Even though cryptocurrencies are intended to eliminate middlemen, Coinbase is something like the ultimate middleman. Starting in the late 1960s, the Israeli psychologists Amos Tversky and Danny Kahneman began to redefine how the human mind actually works. Paul. ”. Why is it safer to fly in an airplane than drive a car? How do we decide whom. Last week we opened up the questioning for Allie, a high-end escort of entrepreneurial skills also understood of economics made herauf a financial success. Today: More than 4,000 people die on the waitlist for a kidney transplant every year in the U. Wu wants to make public transit in Boston free. That blog led to a series of successful, jaunty memoirs beginning with 2005's The Intimate Adventures. In March of 2020, very early in the pandemic, President Trump signed the CARES Act, which included $47 million in domestic-violence funding — money for messaging, for boosting the National Domestic Violence Hotline, and to provide housing and other resources for victims. 562. ”. We all love it, and I will be shocked if you don’t. By Steven D. This top 1 percent, we use the term super-utilizers. As you’ll hear in today’s episode, many of the people who lined up behind that war maintained it was a good idea even as things went badly sideways. E. According to a decades-long research project, the U. Today’s episode was. For this episode, the sound design is by David Herman, with help from. Each week, physician, economist, and author of "Random Acts of Medicine" Dr. Pretty much any diploma that you can imagine, even an M. DUCKWORTH: Very clever. That’s right: in the case of these 2,200 large, publicly traded companies over more than 20 years — so that’s a lot more than just 2,200 C. O. Dubner investigates one of the most fascinating and troubling research findings in the history of social science. The headmaster at his boarding school wrote that Ogilvy had “a distinctly original mind, inclined to argue with his teachers and to try and convince them that he is right and the books are wrong. You are about to hear an episode from our archives — one of the most popular episodes we’ve ever put out. Announcer 2: These 2 teams, each of the last 2 years, defeated Connecticut to get to the national championship game. Our staff also includes Alison Hockenberry, Merritt Jacob, Stephanie Tam, Max Miller, Harry Huggins, and Andy Meisenheimer; we had help this week from Louis Mitchell. ”. The cards are dealt. Despite getting stood up by the mayor, nearly drowning on a highway, and eating way too much barbecue, he came away impressed. LEVITT: So as far as the people knew, there were four different wines and these were all wines that were coming out of the wine cellar of the Society of Fellows. 65 a bottle to $150. ) 10/17/18. In fact, one of the very first radio shows we made 10 years ago was called “The Upside of Quitting. The book takes the form of six chapters. Found. There has been a lot of research emerging in recent years about the rising levels of loneliness in society today. One Gallup poll shows that roughly 50 percent of American employees have, at some point in their career, left a job because of a bad boss. * * * I’m Bapu Jena. This episode was produced by Julie Kanfer and mixed by Eleanor. We voted for number 2. That’s right: the coffin had been dug up only recently, by thieves, under the cover of civil war and political chaos in Egypt. The predecessor of the supermarket was the dry-goods store. Stephen J. The episode you are about to hear, which comes from the Freakonomics Radio archives, is pretty much the perfect New Year’s episode. In fact, this was the fifth annual drop in a row, and the 2019 figure was the lowest on. Today’s episode was produced by Alison Hockenberry, with help from Nigar Fatali. DUBNER: So the implication is, hey, you don’t have to work so hard, and you can still accomplish what you need to, financially, whatever. Twitter is set to depose the Tesla C. And that, again, is Amy Cappellazzo, formerly of Sotheby’s and Christie’s auction houses. 7. They argue that in the real world, competitive markets force investors to be rational. Bapu Jena. And he loves it. November 19, 2023. The data included more than 6,000 observations from more than 500 people, from amateur wine drinkers to sommeliers and wine makers. We thought it was time to replay these episodes because they are two of our most popular episodes ever. P. He tells a story about one of his earliest consulting jobs, with a big multinational. If you happen to find a string of numbers that allows you to mine a block, you get paid 6. One is the concept of a mixed economy, which means that an economy has a market system, including private ownership and trade, market functions, and supply and demand. That was Satya Nadella, C. First of all, you have to build a search engine from scratch. ” “I got all it takes to beat the competition. Covid and the "Birthday Effect" Fri, Aug 6, 2021. D. Episode 391 America’s Math Curriculum Doesn’t Add Up. Freakonomics Summary. “Legalized abortion,” they wrote, “appears to account for as much as 50 percent of the recent drop in crime. is going to change everything. and elsewhere), social trust has been falling for decades — in part because our populations are more diverse. Marxism, and why you don’t tell your friends that your father is an economist. Moderna priced their vaccine at around $25 to $30 a dose, although the implied price based on their Operation Warp Speed deal is slightly lower. ”Or No. That doesn’t mean we never make a mistake in Freakonomics Radio, but we do catch most of them before you hear the show. The salespeople may be small — but Girl Scout cookies are a big business. Jack Zipes knows about wolves, he cares about wolves, but the animal he’s been obsessing over would seem to be far less “treacherous” than the wolf. Why is it safer to fly in an airplane than drive a car? How do we decide whom to marry? Why is the media so full of bad news? Also: things you never knew you wanted to know about wolves, bananas, pollution, search engines, and the quirks of human behavior. That’s Raj Chetty. ” Our co-host is Grit author Angela Duckworth, and we learn fascinating, Freakonomical facts from a parade of guests. The new job that I found was that I was a high-end escort. Freakonomics co-author Steve Levitt tracks down other high achievers for surprising, revealing conversations about their lives and obsessions. DUBNER: But on the other hand you could say, “I’m a person just like you. Discover the hidden side of everything with Stephen J. O. I’m an economist and I’m also a medical doctor. can use math to more accurately predict what is likely to come next in the punchline. * * * You remember Allie? The Texas woman who quit. It has various stages of causal chain. ”. And: in this era of lockdowns. Wu wants to make public transit in Boston free. BRAD THOMAS: In that scenario of a $1,000 mattress, at a gross level, a mattress store would be walking away with $600. As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. She says that fresh starts can shift our psychology in at least two ways. , you get to about 145,000 fewer births. If you’re working from home, it’s much easier to go to the dentist, maybe go pick up your kids from school, maybe go out for a jog. We first put it out back in 2013; we’re releasing it again now for two reasons. 3. So this sort of puts the onus on policymakers and funding agencies, and a sense of saying we need to change the equilibrium. Zipes recently published a new translation of a 1922 novel by the Austrian author Felix Salten. The two things you see first are you cannot sustain attention for very long. So exposure to air pollution in-utero leads to later life outcomes, reductions in earnings, poor health overall. ”. Here’s what Slemrod and his co-author Wojciech Kopczuk found, in a study they called “ Dying to Save Taxes . I have no special talent. ”. The second goal was to develop a workforce that could do the complex calculations required to support the military and space efforts. ”. Today: Girl Scout cookies. Season 13, Episode 7. I’m no expert but. ANNOUNCER: From WNYC, this is Freakonomics Radio, the podcast that explores the hidden side of everything. To celebrate a wonderful year of production on all of the shows in our network, we asked our staff to choose their favorite episode of the year. Opium, a naturally occurring secretion of the opium poppy, has been used in medicine for a long time. And for most gatherings, unless it’s literally a rave, a soccer match, or a concert, the more is the hairier or the scarier. And if your public-radio station doesn’t carry Freakonomics Radio, give them a friendly nudge! My thesis is simple: in our zeal to “tough things out,” to keep our nose to the grindstone, in our zeal to win, we underestimate the upside of quitting. This is the second of two episodes about the value of a college education. BOGDANOS: This person sees this photo, looks it up and finds out that the Met had paid $4 million for it. DUBNER: Everybody’s got a big “but,” as they like to say. has grown, on average, nine percent a year — roughly four times the U. This episode was produced by Zack Lapinski and mixed by Greg Rippin, with help from Jeremy Johnston. From the Freakonomics Radio Network, welcome to Freakonomics, M. I sent Lewis a quick email: “Okay,” I wrote, “maybe you are. Last week we opened up the questioning for Allie, a high-end escort whose entrepreneurial skills and understanding of economics made her a financial success. Each episode, I dissect an interesting question at the sweet spot between health and economics. Dubner uncovers the hidden side of everything. So they have a podcast where they can ask each other as many “stupid questions” as they want. I. It can also produce discoveries that save millions of lives. The thinking behind advertising has changed radically with the arrival of digital and data. The labor economist Claudia Goldin argued that the gender gap doesn’t seem to be driven primarily, or even much, by discrimination. A. Even though its share price has fallen about 85 percent since the peak — the crypto selloff has been bad for them, too — it still has a market capitalization of around $14 billion. Seward, Alaska, does have a relatively high median household income. What’s the Next One? In 2005, Raghuram Rajan said the financial system was at risk “of a catastrophic meltdown. In this pilot episode of a new “Freakonomics of Medicine” podcast, when host Dr. This realization is what led us to today’s episode of Freakonomics Radio. ”. 5 percent of. BURKE: This has been studied a lot in the context of the Clean Air Act in the U. Imagine two players at a table. There’s at least one more reason why so many pedestrians keep getting hit. It’s hosted by Zachary Crockett, a journalist with a knack for looking at. Is Very Different from Other Countries — So Let’s Stop Pretending It’s Not. Sources say American journalism exploits our negativity bias to maximize profits, and social media algorithms add fuel to the fire. WEED: So, first of all, advertising funds a huge amount of things we see around us. This new Uber research very much confirms that. 2 down to 0. Dubner uncovers the hidden side of everything. See below for some great episode that. You can do the same with all of the other podcasts in the Freakonomics Radio Network. ” from Freakonomics Radio This episode has everything: sexual anthropology, Victorian era politics, divorce, Shakespeare, the dating app Raya, aristocratic romance, Bridgerton, and — of course. It can be seen as an act of weakness, even heresy. The classic Mongol ferrule was black with gold band. Imagine a gigantic industry that’s being dominated by just one or two companies. Austan Goolsbee was the top White House economist under President Obama. There are thousands of books on the subject, but what do we actually know about creativity? In this new series, we talk to the researchers who study it as well as artists, inventors, and pathbreakers who live it every day: Ai Weiwei, James Dyson, Elvis Costello, Jennifer Egan, Rosanne Cash, Wynton. Here’s your host, Stephen Dubner. In Adam Smith’s day, the residents of Kirkcaldy mined coal and harvested salt; later, they made canvas and linoleum. Reid Ferguson, for instance, who just completed his fifth full-time season, is now earning over $1 million a year. Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is the debut non-fiction book by University of Chicago economist Steven Levitt and New York Times journalist Stephen J. I’ve got two kids – Solomon, who’s 10, and Anya is 9. We’ll ask the C. of a big pet-care company what’s going on. com, where you’ll find lots of radio, a blog, the books, and more. And in response to that episode, they got hundreds of emails. You can use our website to search 3,227,163 podcasts and 181,851,784 episodes by people, places, or topics. For the Freakonomics Radio Network, this is The Economics of Everyday Things. And people, again, find really large effects. D. He published The Psychology of Money in 2020 — too late, as it turns out, to be included in the top 50 personal-finance books that James Choi analyzed. The Freakonomics Radio Network, home to the podcasts Freakonomics Radio, No Stupid Questions, People I (Mostly) Admire, and Freakonomics, M. _, Jena digs into fascinating research to discover the hidden side of healthcare. If she wishes to play, she must at minimum “call” the big blind — that is, place as much into the pot as the highest bet that already exists. They think carefully about what the meetings should cover. The revolution has been creeping into government policy shops and commercial firms. And we have no idea what those changes will look like. YOUR RATING. Our staff also includes Shelley Lewis, Christopher Werth, Merritt Jacob, Greg Rosalsky, Eliza Lambert, Alison Hockenberry, Emma Morgenstern, Harry Huggins, and Brian Gutierrez.