Freakonomics Radio

Vinod Khosla, founder of Khosla Ventures and a leading figure in venture capital, delves into the role of VC in shaping the American economy. He discusses how venture capital fuels innovation and entrepreneurship, exemplified by companies like Impossible Foods. The conversation also raises critical questions about its societal implications, including helping the wealthy and the need for a social safety net. Khosla traces the evolution of venture capital from its historic roots to modern challenges, emphasizing tackling global issues over mere wealth accumulation.

Yuen Yuen Ang, a political science professor and author from the University of Michigan, discusses the surprising similarities between corruption in the U.S. and China. She explains how American corruption is often legal, challenging the notion of moral superiority. The conversation delves into the unique corrupt practices in both countries, such as China's 'naked official' system. Ang also examines the paradox of China's economic growth amidst corruption and the implications of lobbying in the U.S. banking sector, prompting a re-evaluation of our understanding of governance.

Killian Huber, an economics professor at the University of Chicago, discusses the economic costs of discrimination, drawing parallels with historical events like Nazi Germany. Sophie Calder Wang from Wharton highlights how diversity can boost team performance, but also questions the effectiveness of diversity mandates. Zilka Maria Weinek, from the University of Michigan, explores the intersection of sports, race, and industry in Detroit, emphasizing the socio-economic implications of discrimination and the need for genuine inclusivity.

Steve Levitt, co-author of Freakonomics and a University of Chicago professor, discusses the evolution of parenting insights over the past decade. He humorously explores how his children reflect on their upbringing, touching on nature vs. nurture and educational philosophies like homeschooling versus traditional schooling. The conversation highlights the balancing act of achievement and unconditional love, while Levitt's daughter offers a critique of economic theories. Expect a blend of evidence-based parenting advice and real-life anecdotes that resonate with modern challenges.

Arthur Brooks, an economist and former president of the American Enterprise Institute, argues that love is the antidote to political contempt. He shares insights on how widespread contempt divides society and offers practical strategies to cultivate kindness and warmth in public discourse. Brooks reflects on his journey from musician to economist, emphasizing self-discovery and discernment in personal fulfillment. He advocates for leaders to inspire change through compassion, asserting that overcoming polarization requires courage and genuine understanding.

Guest Bruce Sasserdote, an economist at Dartmouth, reveals how U.S. media exploits our negativity bias for profit, particularly during COVID-19 coverage. Steve Rathje, a Cambridge PhD candidate, discusses the virality of negative messaging on social media and its impact on political polarization. Together, they explore why sensationalist narratives dominate journalism and what this means for public perception. The conversation emphasizes the need for more balanced reporting and the potential for encouraging positivity amidst pervasive negativity.

Steve Levitt, a University of Chicago economist and co-author of Freakonomics, explores the nuanced language of questions and their importance in communication. He analyzes the overuse of phrases like 'that's a great question' and their effects on authentic dialogue. The conversation takes a poignant turn as Levitt addresses how negative news impacts emotions, urging listeners to prioritize mental health amidst a barrage of distressing headlines. This insightful discussion blends linguistic analysis with real-world implications, keeping listeners engaged.

Chris Bosh, former NBA superstar and author of "Letters to a Young Athlete," shares his journey from basketball glory to unexpected career closure due to a blood clot. He reflects on the formation of the Miami Heat super team and the importance of reading in shaping his character. Bosh discusses themes of grit, resilience, and identity transformation post-retirement. He candidly explores the emotional toll of sudden health changes and the balance between mindfulness and structured routines in life beyond sports.

In this enlightening conversation, New York City police lieutenant Edwin Raymond, a whistleblower against the NYPD's quota system, joins law professor Sarah Sayo and London police commander Alex Murray. They discuss America's unique challenges in policing, from gun culture to mental health crises. The trio examines the historical roots of policing and how the evolution of traffic enforcement affects community trust. They also tackle the intricacies of policing in a diverse society and advocate for compassionate approaches to law enforcement.

Dana Susskind, a pediatrician and author, and Hillary Hoynes, an expert in economics and public policy, dive deep into the shocking rates of child poverty in the U.S. They discuss the systemic challenges families face, particularly in single-parent households. The duo emphasizes the crucial role of early childhood development and the potential benefits of direct financial support for low-income families. They also explore innovative proposals, like a monthly housing credit, that could reshape the landscape of child welfare in America.