Freakonomics Radio

Yuen Yuen Ang, a political science professor at the University of Michigan and author of "China's Gilded Age," dives into the complex relationship between corruption and governance in the U.S., China, and Russia. She reveals how different political systems shape distinct corruption styles, challenging common perceptions. Ang discusses Russia's oligarchic evolution post-Soviet Union and reflects on America's struggle with financial corruption. The conversation highlights the nuanced interplay of economic growth and corruption, especially within the context of global crises.

Flora Yukhnovich, a British art superstar celebrated for her Rococo-inspired paintings, joins economist Steve Levitt to discuss the joy of embracing the 'tacky' in culture. They explore how recognizing the déclassé can promote personal expression and enjoyment. Flora shares her journey from traditional portrait painting to finding joy in her unique style. The conversation also touches on how unconventional approaches in both art and sports, like the ABA's influence on basketball, can challenge established norms and reveal deeper truths about society.

Tom Standage, a technology historian and deputy editor at The Economist, explores the fascinating history of electric cars, which were once the best-sellers of the 1890s. He discusses their early popularity, the societal challenges that hindered their growth, and the stories behind the GM EV1's rise and fall. Standage draws parallels between failed innovations in tech and athletics, emphasizing resilience and cyclical progress. He also highlights the evolving battery technology crucial for future electric vehicles, hinting at the market disruptions ahead.

Jennifer Rayner, a natural resource economist at Wesleyan University, dives into the surprising benefits of wolves. She discusses how these predators could actually reduce the staggering number of deer-vehicle collisions, saving lives and money. Rayner unpacks the complex relationship between wolves and humans, reflecting on historical perceptions and conservation challenges. The conversation also touches on the symbolism of wolves in folklore and their ecological role, urging a reevaluation of narratives surrounding these misunderstood creatures.

Robert Sapolsky, a professor of neuroscience and biology at Stanford, and Francis Fukuyama, a political scientist also from Stanford, dive into the barriers preventing mind changes. They discuss the ego, social pressures, and the psychological costs that inhibit political figures from shifting positions. The dialogue highlights how cognitive dissonance affects political beliefs and the complexities of global governance. Additionally, they explore the dual nature of humanity, balancing cruelty with cooperation, and the importance of flexible thinking in fostering understanding.

Liz Shuler, the first female president of the AFL-CIO, dives into the curious disconnect between rising public support for labor and dwindling union membership. She discusses the surge of organizing efforts at companies like Amazon and Starbucks, emphasizing the ongoing relevance of unions in today's economy. Shuler also highlights the revival of labor strikes and the challenges unions face in non-traditional sectors. The conversation underscores the potential for unions to address economic inequality while navigating modern labor dynamics, including the push for well-paying jobs in the clean energy transition.

Join data scientist Katie Johnson, who shares her transition struggles from a happy contributor to a frustrated manager, alongside finance professor Kelly Hsu, who challenges traditional promotion practices with her insights on the Peter Principle. Economics professor Steve Tadellis explores how poor management styles devastate employee morale and company performance. They dissect why great workers often become bad bosses, the complexities of effective leadership, and suggest that firms must reconsider promotion criteria to improve organizational health.

John List, an economist at the University of Chicago and author of The Voltage Effect, dives into the complexities of scaling ideas. He discusses how market demand and organizational hurdles can undermine innovation. Through intriguing examples, he highlights the pitfalls of scaling, such as the failed D.A.R.E program versus the success of polio vaccination. List also introduces the concept of 'optimal quitting' and underscores the need for diversity in leadership and rigorous data practices that keep ideas grounded in reality.

Dana Susskind, a pediatric expert from the University of Chicago, sheds light on the evolving challenges of modern parenting amidst rising child poverty rates. Hillary Hoynes highlights systemic issues and racial disparities that contribute to these conditions in affluent nations. Senator Mitt Romney shares insights on the Family Security Act and the complexities of unconditional cash benefits for families. Together, they discuss vital reforms and the urgent need for policies that better support child development and address socioeconomic inequalities.

Victor Matheson, an economics professor specializing in sports, and Chris Rubio, a longsnapping coach with unique training methods, discuss the surprising economics of long snapping in the NFL. They reveal how this specialized role transformed from a backup position to a millionaire's job just before the Super Bowl. The duo dives into the historical impact of specialization, highlighting long snappers' critical contributions to game outcomes. They also touch on safety regulations, coaching intricacies, and the financial implications of working in this niche sport.