EXTRA: People Aren’t Dumb. The World Is Hard. (Update)
15 July 2024 - 53 minsYou wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. In an interview from 2018, the founder of behavioral economics describes his unlikely route to success; his reputation for being lazy; and his efforts to fix the world — one nudge at a time.
SOURCES:Richard Thaler, professor of behavioral science and economics at the University of Chicago.
RESOURCES:“Behavioral Economics,” by Richard Thaler (The Past, Present, and Future of Economics: A Celebration of the 125-Year Anniversary of the JPE and of Chicago Economics, December 2017).Misbehaving: The Making of Behavioral Economics, by Richard Thale...
Series Episodes
662. If You’re Not Cheating, You’re Not Trying
In sports, the rules are meant to be sacrosanct. But when it comes to performance-enhancing drugs, the slope is super-slippery. (Part one of a two-part series.)
52 mins
6 February Finished
Why Don’t Running Backs Get Paid Anymore? (Update)
They used to be the N.F.L.’s biggest stars, with paychecks to match. Now their salaries are near the bottom, and their careers are shorter than ever. In this updated episode from 2025, we speak with an analytics guru, an agent, an economist, and some former running backs to understand why.
58 mins
4 February Finished
661. Can A.I. Save Your Life?
For 50 years, the healthcare industry has been trying (and failing) to harness the power of artificial intelligence. It may finally be ready for prime time. What will this mean for human doctors — and the rest of us? (Part four of “The Freakonomics Radio Guide to Getting Better.”)
1 hour
30 January Finished
660. The Wellness Industry Is Gigantic — and Mostly Wrong
Zeke Emanuel (a physician, medical ethicist, and policy wonk) has some different ideas for how to lead a healthy and meaningful life. It starts with ice cream. (Part three of “The Freakonomics Radio Guide to Getting Better.”)
1 hour 5 mins
23 January Finished
Steve Levitt Quits His Podcast, Joins Ours
After five years, Levitt is ending People I (Mostly) Admire, and will start hosting the occasional Freakonomics Radio episode. We couldn’t be happier.
45 mins
21 January Finished
659. Can Marty Makary Fix the F.D.A.?
It regulates 20 percent of the U.S. economy, and its commissioner has an aggressive agenda — faster drug approvals, healthier food, cures for diabetes and cancer. How much can he deliver? (Part two of “The Freakonomics Radio Guide to Getting Better.”)
55 mins
16 January Finished
