Freakonomics Radio

Why Is This Man Running for President? (Update)

Dec 19, 2019
Andrew Yang, an entrepreneur and former presidential candidate, shares insights from his journey blending tech and politics. He discusses the urgent need for solutions to automation's impact on jobs, advocating for his 'freedom dividend'—a guaranteed income proposal aimed at addressing economic disparities. Yang critiques traditional economic theories and highlights the importance of recognizing undervalued professions. He also explores innovative campaign strategies and the potential for strategic alliances to reshape leadership in America.
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ANECDOTE

Yang's Career Path

  • Andrew Yang's career path included law, entrepreneurship, and non-profit work.
  • His experiences exposed him to the struggles of the American economy outside of coastal areas.
INSIGHT

Brain Drain

  • Yang witnessed a company move from Providence to Silicon Valley after receiving investment, leaving 100 employees jobless.
  • This highlighted a trend of successful businesses in smaller cities being drawn to major tech hubs.
INSIGHT

Job Creation vs. Automation

  • Yang realized his job creation efforts were insufficient compared to the widespread job losses caused by automation.
  • Existing businesses prioritize lean growth, not mass employment, failing to compensate for lost jobs.
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