Freakonomics Radio

How economics -- and emotion -- have turned our garbage into such a mess

Having already amassed an eventful resume -- the Clinton White House, the Department of Justice, and Bertelsmann -- Joel I. Klein spent the past eight years at chancellor of the biggest school system in the country. So what'd he learn?

What happens when the most disturbing ideas are also the best?

They should! It's a cardinal rule: more expensive items are supposed to be qualitatively better than their cheaper versions. But is that true for wine?

It’s the banking tool that got millions of people around the world to stop wasting money on the lottery. So why won't state and federal officials in the U.S. give it a chance?

For the most part, Americans don't like the simple, boring act of putting money in a savings account. We do, however, love to play the lottery. So what if you combined the two, creating a new kind of savings account with a lottery payout?

The U.S. president is often called the "leader of free world." But if you ask an economist or a Constitutional scholar how much the occupant of the Oval Office matters, they won't say much. We look at what the data have to say about measuring leadership, and its impact on the economy and the country.

The NFL is very good at making money. So why on earth doesn't it sell ad space on the one piece of real estate that football fans can’t help but see: the players themselves? The explanation is trickier than you might think. It has to do with Peyton Manning, with Eli Manning, and with ... wait for it ... Tevye.

Government and the private sector often feel far apart. One is filled with compliance-driven bureaucracy. The other, with market-fueled innovation. But something is changing in a multi-billion dollar corner of the Department of Education. It's an experiment, which takes cues from the likes of Google and millionaires who hope to go to the moon.

It was a pretty good baseball season -- especially if you're a fan of the Yankees, Rays, Twins, Rangers, Reds, Braves, Phillies, or Giants, all of whom made the playoffs. But the post-season just opened with a telling event, a no-hitter pitched by the Phillies' Roy Halladay, which shows what's been missing all season: runs.

The next chapter in the adventures of Dubner and Levitt has begun. Listen to a preview of what's to come for the fall season of Freakonomics Radio.

Steve Levitt talks about why the center cannot hold in penalty kicks, why a running track hurts home-field advantage, and why the World Cup is an economist's dream.

In this episode of Freakonomics Radio, we explore a way to make 1.1 million schoolkids feel like they have 1.1 million teachers.

Do you "fake it"? If so, you're hardly alone. In this episode, you'll hear how everyone from the President of the United States to a kosher-keeping bacon lover lives in a state of fallen grace. All the time. And gets by.

In this episode we speculate what would happen if economists got to run the world. Hear from a high-end call girl; an Estonian who ran his country according to the gospel of Milton Friedman; and a guy who wants to start building new nations in the middle of the ocean.

Americans keep putting on pounds. So is it time for a cheeseburger tax? Or would a chill pill be the best medicine? In this episode, we explore the underbelly of fat through the eyes of a 280-pound woman, a top White House doctor, and a couple of overweight academics.

What do NASCAR drivers, Glenn Beck and the hit men of the NFL have in common?