Freakonomics Radio

Kash Shaikh, co-founder of Baseball United, dives into the exciting potential of launching a baseball league in the cricket-loving region of Dubai. Simon Chadwick explores the geopolitical dynamics of Gulf states investing billions in sports, shaping global culture. Rory Smith discusses the complexities of sportswashing, while Derek Fisher shares insights on the NBA's expanding partnerships in the Gulf. The conversation uncovers how these investments are not just about sports but are redefining cultural and economic landscapes globally.

Maria Konnikova, a renowned author and psychologist, shares her transformation from a poker novice to a pro, emphasizing the blend of skill and luck in both poker and life. She discusses the importance of mentorship in mastering complex strategies and how personal experiences shape decision-making. The conversation explores the role of deception in negotiations and the impact of gender dynamics in competitive environments. With insights from game theory, Konnikova reveals how playing poker can illuminate critical lessons about self-control and navigating life's uncertainties.

Cory Booker, the Senior United States Senator from New Jersey, dives deep into the politics of hope and fear. He shares his experiences engaging with polarized constituents and emphasizes the need for common ground in democracy. The discussion touches on controversial bills affecting healthcare and the vital importance of reforms like the child tax credit. Booker also reflects on activism's resilience in the face of political challenges, urging public engagement and civil dialogue to navigate today's chaotic landscape.

Featuring James Chappel, a history professor at Duke University and author focused on aging's societal implications, alongside Andrew Scott from the London Business School, who examines the economics of longevity. They discuss the imminent 'elder swell' in the U.S., where seniors will outnumber youth and the importance of modernizing our approach to aging. They explore infrastructure readiness, innovations in healthcare, and redefining aging as a privilege rather than a burden, emphasizing the need for systemic reforms and inclusive policies for a longer, healthier society.

E.O. Wilson, a renowned biologist and author, discusses the concept of spite through intriguing historical anecdotes. He explores the harrowing tale of Saint Ebba, who mutilated herself to protect her honor, reflecting on humanity's dark motivations. The conversation delves into the dual life of sports legend Bo Jackson and a professional athlete's puzzling choice between a minor league deal and a lucrative NFL contract. Additionally, Wilson reveals the complexities of self-destructive spite in both humans and animals, challenging perceptions of altruism and aggression.

Phillip Schofield, a professor of medieval economic history, and Neslihan Şenocak, a specialist in religious history, dive into life during the Middle Ages. They discuss the contrasting daily realities of peasants and artisans, the social dynamics shaped by guilds, and the heavy influence of religion. The conversation also touches on communal justice, health practices amid the bubonic plague, and the nostalgic allure of simpler times, all while humorously reflecting on modern life's complexities.

Matthias Doepke, a family economics expert, Catherine Pakaluk, who specializes in fertility and education, and Amy Froide, a historian of women's economic history, tackle the intriguing decline in global birth rates. They discuss cultural shifts affecting family formation and the pressures women face in parenting. The trio examines how historical population predictions have failed and what this means for future economic trends. They also address how rising child-rearing costs impact fertility decisions, advocating for a more nuanced understanding of family economics.

Tim Harford, an Economist and Financial Times columnist, joins Thomas Thwaites, a freelance designer known for building a toaster from scratch. They explore the fascinating story behind pencil production, revealing the complex global supply chains and interdependence that make it possible. The conversation highlights the benefits of free markets and the delicate balance between government and market forces. Additionally, Thwaites shares his humorous trials in DIY engineering, illustrating the challenges and quirks of modern craftsmanship.

Nicholas Cullinan, director of the British Museum, is on a mission to modernize the institution while embracing its complex past. He discusses the challenges of addressing looted artifacts and the museum's colonial legacy. Cullinan emphasizes the importance of making the museum accessible to everyone and the innovative plans for renovations that balance heritage with future needs. He also highlights the vital role museums play in community engagement and the ongoing conversation around artifact repatriation and cultural ownership.

Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago and former chairman of the Council of Economic Advisers, shares his candid insights on the economy. He discusses why tariffs may lead us back to Covid-era challenges and the essential independence of the Federal Reserve from political influences. Goolsbee humorously critiques the overemphasis on vibes in economic discussions, while shedding light on how regional Fed presidents maintain this independence and the ever-evolving role of technology in shaping monetary policy.