Exploring the Impact of the Private Equity Industry on Workers

From politics and economics to psychology and the arts, many of the modern ideas we take for granted emerged a century ago from a single European capital. In this episode of the Freakonomics Radio Book Club, the historian Richard Cockett explores all those ideas — and how the arrival of fascism can ruin in a few years what took generations to build.

• SOURCE:
  • Richard Cockett, author and senior editor at The Economist.

• RESOURCES:
  • Vienna: How the City of Ideas Created the Modern World, by Richard Cockett (2023).
  • "Birth, Death and Shopping," (The Economist, 2007).
  • The Hidden Persuaders, by Vance Packard (1957).
  • "An Economist's View of 'Planning,'" by Henry Hazlitt (The New York Times, 1944).
  • The World of Yesterday: Memoires of a European, by Stefan Zweig (1942).

• EXTRA:
  • "Arnold Schwarzenegger Has Some Advice for You," by People I (Mostly) Admire (2024).