Freakonomics Radio

Freakonomics - How to Be More Productive

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.

Could a lack of sleep help explain why some people get much sicker than others?

Freakonomics author Steven Levitt presents new data on the finances of drug dealing. Contrary to popular myth, he says, being a street-corner crack dealer isnt lucrative: It pays below minimum wage. And your boss can kill you.

TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers are invited to give the talk of their lives in 18 minutes -- including speakers such as Jill Bolte Taylor, Sir Ken Robinson, Hans Rosling, Al Gore and Arthur Benjamin. TED stands for Technology, Entertainment, and Design, and TEDTalks cover these topics as well as science, business, politics and the arts. Watch the Top 10 TEDTalks on TED.com, at

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?

People who sleep better earn more money. Now all we have to do is teach everyone to sleep

better.

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In this educational video we talk to Professor of Economics Emeritus (University of Massachusetts), Marxist economist and founder of Democracy at Work, Richard Wolff, about the Basic Universal Income and whether it poses any dangers. In addition we discuss the role of technological progress in our society and how it should be implemented in the workplace.

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Freakonomics Radio - Why Hate the Koch Brothers? (Part 1)

Charles Koch, the mega-billionaire CEO of Koch Industries and half of the infamous political machine, sees himself as a classical liberal. So why do most Democrats hate him so much? In a rare series of interviews, he explains his political awakening, his management philosophy and why he supports legislation that goes against his self-interest.

Universal Basic Income Explained by Ermek.

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Attac Germany's working group Enough For All produced the animated explainer video We need unconditional basic income (ubi).
In almost 4 minutes it shows what ubi is, that it values all forms of productivity, that it changes society and work itself for everyone's benefit.

If you would like your own subtitles in your language, please contact Enough For All at Attac Germany, they can get the producers to add subtitles in your language – it will cost about €100 if you provide the translation.

License: CC-BY-ND –

Rather than retreat from the massive tax cuts that are crippling his state’s finances, Gov. Sam Brownback (R) wants to cut classroom funding for Kansas schools by $127 millionand push pension fund payments off into the future...

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Clip from the Friday, January 23rd 2015 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 4-6pm Eastern.

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Stephen Dubner describes the research of Keith Chen and his experiments with the monkey economy. Monkeys were taught to use money by economists to buy different commodities, hilarity ensues.

Ideas about the Icelandic Pirate Party, Universal Basic Income, Blockchain, and Citizen Ratification.

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Universal Basic Income



Blockchains and Bitcoin

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Small Batch: Comedian Josh Gondelman

Linda Holmes chat with Josh Gondelman, and stand-up comedian and writer for Last Week Tonight with John Oliver. His album Physical Whisper is available now.

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Levitt takes you through his research on the relationship between dropping crime and the legalization of abortion.

Clip from the 2010 documentary Freakonomics: The Movie. A dream team of directors explore the hidden side of everything.

It facilitates crime, bribery, and tax evasion – and yet some governments (including ours) are printing more cash than ever. Other countries, meanwhile, are ditching cash entirely. And if Star Trek is right, we won’t have money of any sort in the 24th century.

How To Use Debt to Get Rich - How The 1% Use Debt:

You have probably heard of the saying 'there is good debt and then there is bad debt'.

First, In this video we are going to compare good debt and bad debt. I will also explain why MOST people should consider all debt, bad debt (like Dave Ramsey).

However, this video is mainly about using debt in a good way. How is this possible?

Rich people use debt to generate INCOME PRODUCING ASSETS. Whether that is a business, investment, real estate, etc. Whenever rich people borrow money, they use it to create MORE MONEY than they borrowed. For example, an average person may borrow 40k to spend on a car. A rich person will borrow 40k to market a product which will make 60k in revenue, therefore a 20k profit. Borrowing money to 'get ahead' in the investing/business world is a fundamental strategy the ALL fortune 500 companies use. Coincidence? Nope. Debt is a necessity to get to the top income level on the planet.

There are also a ton of great advantages for borrowing money. Like the massive tax deductions you get for the interest on the loan, the depreciation you get for the investment you bought, and all other business expenses that are related tot he investment/loan. This on its own can lower significantly reduce your taxable income. For example, there are real estate investors out there that make millions of dollars per year, but dont pay taxes at all because of all the deductions (crazy right?).

But remember, before you borrow money, be smart about it and make sure you have enough reserve cashflow to cover all the debt payments, even if the investment fails

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Philip Alston, John Norton Pomeroy Professor of Law at NYU School of Law, is the UN special rapporteur on extreme poverty and human rights. In June 2017, he appeared before the UN Human Rights Council to present his report on the potential impact of universal basic income. Read Professor Alston’s report here:

**For anyone who already knows what Basic Income is, I start comparing UBI and NIT @ 6:07

Before being shut down by the Harper government, the National Council of Welfare in Canada released a report criticizing how
“Canada’s welfare system is a box with a tight lid. Those in need must essentially first become destitute before they qualify for temporary assistance,”
“But the record shows once you become destitute you tend to stay in that state. You have no means to absorb setbacks in income or unexpected costs. You can’t afford to move to where jobs might be or upgrade your skills.” - Economist Don Drummond

Theres clearly an excess of holes in our system that no simple patch job is going to fix. And its been proven time and again that the welfare wall/cliff hasnt gotten any easier to overcome, despite the various reforms that have occurred over the years.
So whats the answer to this?

A rather revolutionary idea to address this questions has been the idea of a Basic Income. Its actually become a rather hot topic among people lately, but what many are unaware of is that theres actually more than one approach to this concept, and that is the basis of this video - so check it out to learn more!

And please DO check out the videos and articles listed below!!

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Steven Levitt, author of Freakonomics, recounts a story of talking economics and business practice with a prostitute while researching for SuperFreakonomics.

Complete video available for free at

Best Bad Movies and a Quiz

Trey Graham returns to PCHH for a discussion of the best bad movies. Then, Glen Weldon tests the panel in a top-secret quiz. Plus, what's making us happy this week.

‘The Young Turks’ political reporter Nomiki Konst, host of ‘Your Welcome’ Michael Malice and Maslansky and Partners President Lee Carter weigh in on Facebook founder Mark Zuckerberg’s push for universal basic income.

A summary of the book Freakonomics by Steven D. Levitt

A look at everyday experiences in freaky ways based on the bestselling book Freakonomics.

What's in a name? Roland Fryer explains the bifurcation of naming in Caucasian communities and black communities.

Clip from the 2010 documentary Freakonomics: The Movie. A dream team of directors explore the hidden side of everything.

Filmed on 10/26/16 as part of Meeting of the Minds 2016. More information at

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Universal Basic Income (the UBI) is gaining traction on the left and the right as a solution to growing inequality, the disappearance of the middle class and the ensuing disappearance of jobs through automation and redundancy. Several states and countries have experimented with or in the process of beginning experiments with UBI including Manitoba, Alaska, Finland, New Jersey, and most recently in Oakland (CA). UBI is now being debated among leaders in Silicon Valley, social service organizations, shared mobility start-ups, and beyond. The social compact needs an update. Is this the answer?

Speaker: Sandhya Anantharaman, Co-Director, Universal Income Project

Stephen Dubner & Steven Levitt discuss the merits of starting up a new podcast with Ira Glass, host of the very successful This American Life podcast. (24/02/2010)

iTunes Description: Ira Glass gives us some radio advice, and helps preview our upcoming episode about the underbelly of fat -- a.k.a., Is It Time for a Cheeseburger Tax?

Dubner and Levitt wrote the best-selling, non-fiction book Freakonomics and the follow-up Superfreakonomics. They composed this podcast with nytimes.com and you can subscribe to it on iTunes.

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Israeli buses regularly make international headlines, be it for suicide bombings, fights over gender segregation, or clashes concerning Shabbat schedules. One particular ill-fated megastructure, however, has been at the nexus of various lesser-publicized conflicts: a building in Tel Aviv designed to be the largest bus station in the world.
central bus station
Tel Aviv Central Bus Station as seen from above

At 2.5 million square feet, the Tel Aviv Central Bus Station was the product of a grand vision to build an indoor micro-metropolis. Its expansive plans featured a shopping mall with thousands of stores, services and entertainment offerings. The structure even came to house a (now deserted) subterranean theater, originally meant to entertain people waiting for their bus.

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This vision gave way to a darker reality, resulting in what reporter Yochai Maital describes as “a derelict eight-story behemoth and modern day Tower of Babel, which mirrors much of modern Israeli history, with its grand vision and messy implementation.”

Though construction began in the 1960s, the building would not be inaugurated until decades later. The station was initially designed by Ram Karmi in 1967 but eventually completed in 1993 by architects Yael Rothshild and Moti Bodek. The project became something of a white elephant, a nickname recognized rather overtly during the opening ceremony when a white elephant balloon dropped in on the festivities.
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Perspectival section drawing of the original building design

The layout is intentionally confusing, a “multi-central” maze of misleading corridors, dark spaces and many now-abandoned places. The perplexing floor plans were inspired by Jerusalem’s historic Old City. The architect wanted the building to look and feel like a system of small alleyways, disorienting but cozy and familiar. In some sense, it has been successful; the building feels to many quite like a labyrinth, and even people who work there get lost sometimes within its walls.

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Today, entire sections of the structure are uninhabited or used only for illicit purposes; old shops and winding halls conceal sex workers, drug sellers, rave throwers and others who appreciate the winding darkness.

To you, it’s just a ride-sharing app that gets you where you’re going. But to an economist, Uber is a massive repository of moment-by-moment data that is helping answer some of the field’s most elusive questions.

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Freakonomics hits theaters on October 1st, 2010.

FREAKONOMICS is the highly anticipated film version of the phenomenally bestselling book about incentives-based thinking by Steven Levitt and Stephen Dubner. Like the book, the film examines human behavior with provocative and sometimes hilarious case studies, bringing together a dream team of filmmakers responsible for some of the most acclaimed and entertaining documentaries in recent years: Academy Award® winner Alex Gibney (Enron: The Smartest Guys in the Room, Casino Jack and the United States of Money), Academy Award® nominees Rachel Grady and Heidi Ewing (Jesus Camp), Academy Award® nominee Morgan Spurlock (Super Size Me), Eugene Jarecki (Why We Fight) and Seth Gordon (The King of Kong).

Freakonomics trailer courtesy Magnolia Pictures.

Small Batch: Ta-Nehisi Coates on Black Panther

All Things Considered host Audie Cornish chats with Ta-Nehisi Coates about writing the latest iteration of Marvel's Black Panther. Marvel's Black Panther. The first issue is out now and features illustrations by artist Brian Stelfreeze.

Several documentary directors each film a segment representing one chapter of Steven D. Levitt and Stephen J. Dubner's best-seller Freakonomics. This podcast is audio of these film segments

Expert journalist Stephen Dubner and economist Steven Levit shed some light on the truth about Real Estate Agents.

Antony Sammeroff gives a speech and answers questions about the proposed Universal Basic Income in Scotland.

Robert Reich , Yanis Varoufakis, Rutger Bregman, Stefan Molyneux, Guy Standing.

Silicon Valley and Bob's Burgers

Writer Danielle Henderson joins the gang for a discussion of the HBO comedy Silicon Valley. Then, Stephen Thompson interviews Loren Bouchard, the creator of Bob's Burgers. Plus, what's making us happy this week.

This talk was given at a local TEDx event, produced independently of the TED Conferences. Rutger Bregman (1988) studied at Utrecht University and the University of California in Los Angeles, majoring in History. In September 2013 Bregman joined the online journalism platform De Correspondent. His article on basic income was nominated for the European Press Prize and was published by The Washington Post.

In September 2013 Bregman joined the online journalism platform ‘De Correspondent’. His article on basic income was nominated for the European Press Prize and was subsequently also published by the American newspaper The Washington Post. In September 2014 his newest book ‘Gratis geld voor iedereen En nog vijf grote ideeën die de wereld kunnen veranderen’ came out.

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About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

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World Finance hosts a debate about unconditional basic income between Co-President of the Basic Income Earth Network Guy Standing, economist and financial journalist Liam Halligan and former banker and economics commentator Frances Coppola.

Unconditional basic income: is it the answer to Europe's unemployment problems and economic inequality, or a misguided macroeconomic policy that could do more harm than good? Guy Standing, Liam Halligan and Frances Coppola relay their expert opinions in this special World Finance debate.