618. Are Realtors Having an Existential Crisis?
17 January - 53 minsTheir trade organization just lost a huge lawsuit. Their infamous commission model is under attack. And there are way too many of them. If they go the way of travel agents, will we miss them when they’re gone?
SOURCES:Sonia Gilbukh, assistant professor of real estate at CUNY Baruch College.Kevin Sears, 2025 president of the National Association of Realtors.Chad Syverson, professor of economics at the University of Chicago.Lawrence Yun, chief economist for the National Association of Realtors.
RESOURCES:"Heterogeneous Real Estate Agents and the Housing Cycle," by Sonia Gilbukh and Paul Goldsmith-Pinkham (NBER Working Paper, 2024)."Real Estate Commissions and Homebuying," by Borys Grochu...
Series Episodes
617. Are You Really Allergic to Penicillin?
Like tens of millions of people, Stephen Dubner thought he had a penicillin allergy. Like the vast majority, he didn’t. This misdiagnosis costs billions of dollars and causes serious health problems, so why hasn’t it been fixed? And how about all the other things we think we’re allergic to?
1 hour 3 mins
10 January Finished
Highway Signs and Prison Labor
Incarcerated people grow crops, fight wildfires, and manufacture everything from prescription glasses to highway signs — often for pennies an hour. Zachary Crockett takes the next exit, in this special episode of The Economics of Everyday Things.
38 mins
6 January Finished
Can Academic Fraud Be Stopped? (Update)
Probably not — the incentives are too strong. But a few reformers are trying. We check in on their progress, in an update to an episode originally published last year. (Part 2 of 2)
1 hour 8 mins
2 January Finished
Why Is There So Much Fraud in Academia? (Update)
Some of the biggest names in behavioral science stand accused of faking their results. Last year, an astonishing 10,000 research papers were retracted. In a series originally published in early 2024, we talk to whistleblowers, reformers, and a co-author who got caught up in the chaos. (Part 1 of 2)
1 hour 15 mins
26 December 2024 Finished
Your Brain Doesn’t Work the Way You Think
David Eagleman upends myths and describes the vast possibilities of a brainscape that even neuroscientists are only beginning to understand. Steve Levitt interviews him in this special episode of People I (Mostly) Admire.
47 mins
23 December 2024 Finished
