87. How Much Are the Right Friends Worth...

Twenty years ago, before the Freakonomics book tour, Bill McGowan taught Steve Levitt to speak in public. In his new book he tries to teach everyone else. SOURCES:Bill McGowan, founder and C.E.O. of Clarity Media Group. RESOURCES:Speak, Memorably: The Art of Captivating an Audien ... Show More

Former professional poker player Annie Duke wrote a book about Steve’s favorite subject: quitting. They talk about why quitting is so hard, how to do it sooner, and why we feel shame when we do something that’s good for us. SOURCES:Annie Duke, author and former professional poker ... Show More

Psychologist David Yeager thinks the conventional wisdom for how to motivate young people is all wrong. His model for helping kids cope with stress is required reading at Steve’s new high school. SOURCES:David Yeager, professor of psychology at the University of Texas at Austin. ... Show More

Economist Raj Chetty of Harvard University talks about his work on economic mobility with EconTalk host Russ Roberts. The focus is on Chetty's recent co-authored study in Nature where he finds that poor people in America who are only connected to other poor people do dramatically ... Show More

Are your wealthiest friends the ones most likely to refuse to acknowledge the wealth disparity? Perhaps they are the stingiest with their money? In this episode, we delve into the topic of nepotism and privilege and their impact on college life, focusing on the experiences of stu ... Show More

President Obama and Bruce discuss the relationship between money and economic class, growing up with income inequality. They unpack what it meant to not be aware of your lack of economic privilege/wealth prior to a US economic and cultural shift in the 1980s.Find the episode tran ... Show More

In many countries, property law grants equal rights to men and women. Why, then, do women still accumulate less wealth than men? Combining quantitative, ethnographic, and archival research, The Gender of Capital: How Families Perpetuate Wealth Inequality (Harvard UP, 2023) explai ... Show More

Stefanie Stantcheva, economist at Harvard University, founded the Social Economics Lab to study inequality, our feelings about it, and how policies influence it. She says when we estimate how much money our colleagues make or how much taxes impact us, we are often very far off fr ... Show More

Why are global levels of anxiety and depression so high? Social epidemiologist Richard Wilkinson presents compelling data on the impact of inequality on mental health and social relationships in countries around the world. “Inequality,” he says, “is the enemy between us.” Hosted ... Show More

Sam Harris speaks with Daniel Markovits about the problems with meritocracy. They discuss the nature of inequality in the United States, the disappearance of the leisure class, the difference between labor and capital as sources of inequality, the way the education system amplifi ... Show More

Sam Harris speaks with Daniel Markovits about the problems with meritocracy. They discuss the nature of inequality in the United States, the disappearance of the leisure class, the difference between labor and capital as sources of inequality, the way the education system amplifi ... Show More

One Yale economist certainly thinks so. But even if he’s right, are economists any better? 

Hard work, resilience and grit lead to success, right? This narrative pervades the way we think, says economist Darrick Hamilton, but the truth is that our chances at economic security have less to do with what we do and more to do with the wealth position we're born into. Enter ... Show More