The Brian Lehrer Show

Brian Lehrer Weekend: Freakonomics; History of US Drug Use; 'Hamilton' Birthday

11 snips
Nov 29, 2025
Stephen J. Dubner, journalist and co-author of Freakonomics, shares insights on how non-monetary incentives shape behavior and discusses the limited impact of money in elections. Historian David Hertzberg gives a historical perspective on the U.S. drug crisis, explaining why aggressive interdiction efforts fail and how policy mistakes can exacerbate harm. Frank D'Alella highlights the cultural significance and origins of Hamilton, reflecting on its impact on Broadway and American history. Together, they explore economics, drug policy, and the arts.
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INSIGHT

Everyday Incentives Are Broader Than Money

  • Incentives shape behavior beyond money, including reputational and moral pressures that drive choices.
  • Stephen J. Dubner argues many decisions reflect social and ethical incentives, not just financial ones.
INSIGHT

Money Follows Winners, Not Always Creates Them

  • Conventional wisdom like "money buys elections" often overlooks selection effects and candidate quality.
  • Dubner points out money flows to attractive candidates, so money alone is less decisive than it appears.
ADVICE

Question Free-Market Assumptions

  • Reassess free-market assumptions and scrutinize industries like private equity for systemic harms.
  • Stephen J. Dubner urges curiosity and questioning of laissez-faire results and private equity's growing influence.
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