Freakonomics
@Freakonomics
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Follow the Freakonomics Radio podcast for weekly episodes that explore the hidden side of everything — with host Stephen J. Dubner.
Joined April 2008
.@AndrewYang on why the U.S. needs a universal basic income: "We are the owners and shareholders of the most wealthy and advanced society in the history of the world. This is a dividend for us."
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.@AndrewYang on why he’s an atypical Democratic politician: “There's a mistrust of people in the Democratic Party that I frankly don't understand, because I feel like people are the point.”
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In this week’s episode, the head of the #YangGang tells us how he’s outlasted several U.S. Senators, governors, and Congresspeople.
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This week’s episode includes our Jan. 2019 interview with then-unknown presidential candidate @AndrewYang as well as a new interview with the leader of the #YangGang:
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As a candidate for president, @AndrewYang ran on a platform whose signature policy was a universal basic income ($1k/month for every adult). Covid-19, he says, has made U.B.I. a necessity, right now.
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As a candidate for president, @AndrewYang ran on a platform whose signature policy was a universal basic income ($1k/month for every adult). Covid-19, he says, has made U.B.I. a necessity, right now.
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With a $21 trillion economy on the line, @AndrewYang says the biggest danger is not doing enough: “You’re looking at $4 or $5, $6 trillion over time to help dig us out of what could be another Great Depression.”
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Gosh, so sorry. We shall cease all production immediately.
@Freakonomics your last podcast re: China and jobs. Didn't like it.
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Hey @GovGaryJohnson, Freakonomics Radio wants to interview you as Libertarian prez candidate. What do you say? Listeners, you interested?.
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“Do we think that what's been happening has been working? If you think it's been working great, I might not be the candidate that you want. But if you think that we could genuinely use a change, I think I'm a great bet.” — @AndrewYang on this week’s ep:
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Thought for the day:. Ignore things everyone else is obsessing over. Obsess over things everyone else is ignoring. #BeLessStupid.
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In the American Dream sweepstakes, @AndrewYang was a pretty big winner. But for every winner there are thousands of losers — a “war on normal people,” he calls it. So he decided to run for president and do something about it.
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Professor @JoBoaler says math curriculum needs an update. She says math teachers used to joke that “you’re never going to be walking around with a calculator in your hand.” And now? “Turns out everybody’s walking around with a calculator in their hand.”
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"If you paid for an expensive dessert and after 1 bite you were full, but you remember how much you paid for it — then you are failing to follow the economist’s advice of ignoring that $, because eating it doesn’t get the $ back." —@R_Thaler on sunk costs.
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Economist @DarrickHamilton says the racial wealth gap may have begun with slavery but is the result of compounding historical factors: “There was the Homestead Act. There was the GI Bill. There was a system of sharecropping. There’s a system of Jim Crow.”
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This week’s episode includes our Jan. 2019 interview with then-unknown presidential candidate @AndrewYang as well as a new interview with the leader of the #YangGang:
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Our latest episode: “Trevor Noah Has a Lot to Say.” A conversation with @TheDailyShow host. @Trevornoah.
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Dear @GovGaryJohnson: can we interview you for Freakonomics Radio? Hey Freak fans, you like this idea?.
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"Empathy is only developed through your life's experience. It is going to make you a more effective parent, a more effective colleague, and a more effective partner." — @satyanadella on the importance of empathy.
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A “rogue IT person” at @PennMedicine changed the default on electronic prescriptions to generic drugs, saving $32 million. That inspired the hospital to create @PennNudgeUnit, the world’s first behavioral-design team embedded in a healthcare institution.
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.@AndrewYang wants America to “think harder” and has parlayed his quixotic presidential campaign into front-runner status in New York’s mayoral election. And he has some big plans.
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“London is a city that can vote for the son of an immigrant, with working-class parents, who is not just an ethnic minority but a Muslim, at a time of the greatest amount of Islamophobia the Western world has seen.” — Mayor @SadiqKhan
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"If you paid for an expensive dessert and after 1 bite you were full, but you remember how much you paid for it — then you are failing to follow the economist’s advice of ignoring that $, because eating it doesn’t get the $ back." —@R_Thaler on sunk costs.
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@AndrewYangVFA on why the U.S. needs a universal basic income of $1,000/month to each and every American adult 18–64: "We are the owners and shareholders of the most wealthy and advanced society in the history of the world. This is a dividend for us."
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If 90% of all the world's data was created in the past two years, then why aren't we teaching data literacy in schools? . Take a look at this video narrated by @StevenDLevitt about why America's math curriculum needs to change. and what it can look like.
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“People start out with an emotional commitment to a certain idea,” says @FukuyamaFrancis, “and then they use their formidable cognitive powers to organize facts to support what they want to believe anyhow.”
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80% of #TraderJoes products are private-label (store brands), but but they often look and taste nearly identical to brand-name foods. Why? Because many are, in fact, made by the very same name brands.
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That should keep him busy for a while.
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8.8 million people work in retail in the U.S., making ~$12/hour. This week, @AndrewYangVFA asks, when 30% of malls close in the next 4 years, what is their next opportunity going to be?
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Why schools don’t produce creative thinkers: “What we need to do is to focus more on trying to assess the things we value, rather than valuing the things that are most easily assessed.” — @mres.
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In the American Dream sweepstakes, @AndrewYangVFA was a pretty big winner. But for every winner there are thousands upon thousands of losers — a “war on normal people,” he calls it. So he decided to do something about it.
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A study found that storytelling stimulates massive brain activity. So? You should listen to more #podcasts. Listen:
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Engineer James @Dyson made 5,127 prototypes of his vacuum before it was ready for market. That meant 5,126 failures. “It's almost slightly disappointing when it does work, because then you've got to get on to something else.”
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The author of #Moneyball wrote a book on the fathers of #BehavioralEconomics, so of course we interviewed him.
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#MBA students tend to “get over-excited about the big-picture, sexy stuff of long-term strategy and skip over the small details [of operations], which turn out to be critically important."
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A great pleasure, and privilege, to interview @wyntonmarsalis for our upcoming Freakonomics Radio series on Creativity.
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