Freakonomics Radio

What if the thing we call "talent" is grotesquely overrated? And what if deliberate practice is the secret to excellence? Those are the claims of the research psychologist Anders Ericsson, who has been studying the science of expertise for decades. He tells us everything he's learned. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It's Self-Improvement Month at Freakonomics Radio. We begin with a topic that seems to be on everyone's mind: how to get more done in less time. First, however, a warning: there's a big difference between being busy and being productive. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A lot of full-time jobs in the modern economy simply don't pay a living wage. And even those jobs may be obliterated by new technologies. What's to be done so that financially vulnerable people aren't just crushed? It may finally be time for an idea that economists have promoted for decades. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Critics -- including President Obama -- say short-term, high-interest loans are predatory, trapping borrowers in a cycle of debt. But some economists see them as a useful financial instrument for people who need them. As the Consumer Financial Protection Bureau promotes new regulation, we ask: who's right? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

People who sleep better earn more money. Now all we have to do is teach everyone to sleep better. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Could a lack of sleep help explain why some people get much sicker than others? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As sexy as the digital revolution may be, it can't compare to the Second Industrial Revolution (electricity! the gas engine! antibiotics!), which created the biggest standard-of-living boost in U.S. history. The only problem, argues the economist Robert Gordon, is that the Second Industrial Revolution was a one-time event. So what happens next? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The restaurant business model is warped: kitchen wages are too low to hire cooks, while diners are put in charge of paying the waitstaff. So what happens if you eliminate tipping, raise menu prices, and redistribute the wealth? New York restaurant maverick Danny Meyer is about to find out. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The junior U.S. Senator from New Jersey thinks bipartisanship is right around the corner. Is he just an idealistic newbie or does he see a way forward that everyone else has missed? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Now and again, Freakonomics Radio puts hat in hand and asks listeners to donate to the public-radio station that produces the show. Why on earth should anyone pay good money for something that can be had for free? Here are a few reasons. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A famous economics essay features a pencil (yes, a pencil) arguing that “not a single person on the face of this earth knows how to make me.” Is the pencil just bragging? In any case, what can the pencil teach us about our global interdependence — and the proper role of government in the economy? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The digital age is making pen and paper seem obsolete. But what are we giving up if we give up on handwriting? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Okay, maybe the steps aren't so easy. But a program run out of a Toronto housing project has had great success in turning around kids who were headed for trouble. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If U.S. schoolteachers are indeed "just a little bit below average," it's not really their fault. So what should be done about it? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Montgomery Bus Boycott, the South African divestment campaign, Chick-fil-A! Almost anyone can launch a boycott, and the media loves to cover them. But do boycotts actually produce the change they're fighting for? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Experts and pundits are notoriously bad at forecasting, in part because they aren't punished for bad predictions. Also, they tend to be deeply unscientific. The psychologist Philip Tetlock is finally turning prediction into a science -- and now even you could become a superforecaster. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Discrimination can't explain why women earn so much less than men. If only it were that easy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sure, we all want to make good personal decisions, but it doesn't always work out. That's where "temptation bundling" comes in. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A team of economists has been running the numbers on the U.N.'s development goals. They have a different view of how those billions of dollars should be spent. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The argument for open borders is compelling -- and deeply problematic. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

One woman's quest to find the best burger in town can teach all of us to eat smarter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

He was handed the keys to the global economy just as it started heading off a cliff. Fortunately, he'd seen this movie before. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Even a brutal natural disaster doesn't diminish our appetite for procreating. This surely means we're heading toward massive overpopulation, right? Probably not. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In our collective zeal to reform schools and close the achievement gap, we may have lost sight of where most learning really happens -- at home. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Lessons from Tom Petty's rise and another rocker's fall. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A kitchen wizard and a nutrition detective talk about the perfect hamburger, getting the most out of garlic, and why you should use vodka in just about everything. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Researchers are trying to figure out who gets bored - and why - and what it means for ourselves and the economy. But maybe there's an upside to boredom? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Doctors, chefs, and other experts are much more likely than the rest of us to buy store-brand products. What do they know that we don't? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The process is famously secretive (and conducted in Swedish!) but we pry the lid off at least a little bit. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

When one athlete turned pro, his mom asked him for $1 million. Our modern sensibilities tell us she doesn't have a case. But should she? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Anne-Marie Slaughter was best known for her adamant views on Syria when she accidentally became a poster girl for modern feminism. As it turns out, she can be pretty adamant in that realm as well. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Suspenders may work better, but the dork factor is too high. How did an organ-squeezing belly tourniquet become part of our everyday wardrobe -- and what other suboptimal solutions do we routinely put up with? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

From domestic abusers to former child soldiers, there is increasing evidence that behavioral therapy can turn them around. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Conventional programs tend to be expensive, onerous, and ineffective. Could something as simple (and cheap) as cognitive behavioral therapy do the trick? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

How a pain-in-the-neck girl from rural Virginia came to run the most powerful university in the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We spend billions on end-of-life healthcare that doesn't do much good. So what if a patient could forego the standard treatment and get a cash rebate instead? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Step 1: Hire a Harvard psych professor as the pitchman. Step 2: Have him help write the script ... Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What do NASCAR drivers, Glenn Beck and the hit men of the NFL have in common? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

There are all kinds of civics-class answers to that question. But how true are they? Could it be that we like to read about war, politics, and miscellaneous heartbreak simply because it's (gasp) entertaining? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Why is soccer the best sport? How has Harlan Coben sold 70 million books? And why does "Apollo 13" keep you enthralled even when you know the ending? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The comedian, actor -- and now, author -- answers our FREAK-quently Asked Questions Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

People who sleep better earn more money. Now all we have to do is teach everyone to sleep better. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Could a lack of sleep help explain why some people get much sicker than others? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Takeru Kobayashi revolutionized the sport of competitive eating. What can the rest of us learn from his breakthrough? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We seem to have decided that ethnic food tastes better when it's served by people of that ethnicity (or at least something close). Does this make sense -- and is it legal? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sure, markets generally work well. But for some transactions -- like school admissions and organ transplants -- money alone can't solve the problem. That's when you need a market-design wizard like Al Roth. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Sure, sex crimes are horrific, and the perpetrators deserve to be punished harshly. But society keeps exacting costs -- out-of-pocket and otherwise -- long after the prison sentence has been served. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

One man's attempt to remake his life in the mold of homo economicus. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The debut of a live game show from Freakonomics Radio, with judges Malcolm Gladwell, Ana Gasteyer, and David Paterson. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In which we argue that failure should not only be tolerated but celebrated. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.