Freakonomics Radio

In a wide-ranging conversation with Ezekiel Emanuel, the policymaking physician and medical gadfly, we discuss the massive effects of GLP-1 drugs like Ozempic, Wegovy, and Mounjaro. We also talk about the state of cancer care, mysteries in the gut microbiome, flaws in the U.S. healthcare system — and what a second Trump term means for healthcare policy. SOURCES:Ezekiel Emanuel, vice provost for Global Initiatives, co-director of the Health Transformation Institute, and professor at the University of Pennsylvania Perelman School of Medicine. RESOURCES:"Obesity Drugs Would Be Covered by Medicare and Medicaid Under Biden Proposal," by Margot Sanger-Katz (The New York Times, 2024)."International Coverage of GLP-1 Receptor Agonists: A Review and Ethical Analysis of Discordant Approaches," by Johan L. Dellgren, and Govind Persad, and Ezekiel J. Emanuel (The Lancet, 2024).The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma, by Mustafa Suleyman (2023)."The Significance of Blockbusters

Last week, we heard a former U.S. ambassador describe Russia’s escalating conflict with the U.S. Today, we revisit a 2019 episode about an overlooked front in the Cold War — a “farms race” that, decades later, still influences what Americans eat. SOURCES:Anne Effland, former Senior Economist for the Office of Chief Economist in the U.S.D.A.Shane Hamilton, historian at the University of York.Peter Timmer, economist and former professor at Harvard University.Audra Wolfe, writer, editor, and historian. RESOURCES:Freedom’s Laboratory: The Cold War Struggle for the Soul of Science, by Audra Wolfe (2018).Supermarket USA: Food and Power in The Cold War Farms Race, by Shane Hamilton (2018).“Association of Higher Consumption of Foods Derived From Subsidized Commodities With Adverse Cardiometabolic Risk Among US Adults,” by Karen R. Siegel, Kai McKeever Bullard, K. M. Narayan, et al. (JAMA Internal Medicine, 2016).The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War, by Robert J. Gordon

John J. Sullivan, a former State Department official and U.S. ambassador, says yes: “Our politicians aren’t leading — Republicans or Democrats.” He gives a firsthand account of a fateful Biden-Putin encounter, talks about his new book Midnight in Moscow, and predicts what a second Trump term means for Russia, Ukraine, China — and the U.S. SOURCES:John Sullivan, former U.S. Deputy Secretary of State and former U.S. Ambassador to Russia.  RESOURCES:Midnight in Moscow: A Memoir from the Front Lines of Russia's War Against the West, by John Sullivan (2024)."The ‘Deathonomics’ Powering Russia’s War Machine," by Georgi Kantchev and Matthew Luxmoore (The Wall Street Journal, 2024).War, by Bob Woodward (2024)."On the Record: The U.S. Administration’s Actions on Russia," by Alina Polyakova and Filippos Letsas (Brookings, 2019)."Why Economic Sanctions Still Do Not Work," by Robert A. Pape (International Security, 1998). EXTRAS:"The Suddenly Diplomatic Rahm Emanuel," by Freakonomics Radio (2023).

Macy’s wants to recapture its glorious past. The author of the Wimpy Kid books wants to rebuild his dilapidated hometown. We just want to listen in. (Part two of a two-part series.) SOURCES:Mark Cohen, former professor and director of retail studies at Columbia Business School.Will Coss, vice president and executive producer of Macy’s Studios.Jeff Kinney, author, cartoonist, and owner of An Unlikely Story Bookstore and Café.Tony Spring, chairman and C.E.O. of Macy’s Inc. RESOURCES:"Macy’s Discovers Employee Hid Millions in Delivery Expenses," by Jordyn Holman and Danielle Kaye (The New York Times, 2024)."NBC Ready to Pay Triple to Gobble Up Thanksgiving Parade Broadcast Rights," by Joe Flint (The Wall Street Journal, 2024)."How Macy’s Set Out to Conquer the Department Store Business — and Lost," by Daphne Howland (Retail Dive, 2022).An Unlikely Story Bookstore and Café. EXTRA:"Can the Macy's Parade Save Macy's?" series by Freakonomics Radio (2024).

The 166-year-old chain, which is fighting extinction, calls the parade its “gift to the nation.” With 30 million TV viewers, it’s also a big moneymaker. At least we think it is — Macy’s is famously tight-lipped about parade economics. We try to loosen them up. (Part one of a two-part series.)Please take our audience survey at freakonomics.com/survey. SOURCES:John Cheney, carpenter at Macy’s Studios.Will Coss, vice president and executive producer of Macy’s Studios.Jeff Kinney, author, cartoonist, and owner of An Unlikely Story Bookstore and Café.Kevin Lynch, vice president of global helium at Messer.Jen Neal, executive vice president of live events and specials for NBCUniversal EntertainmentTony Spring, chairman and C.E.O. of Macy's Inc.Jessica Tisch, commissioner of the New York City Department of Sanitation; incoming commissioner of the New York City Police Department.Dawn Tolson, executive director of Citywide Event Coordination and Management and the Street Activity Permit Office for the City of New York.

It’s true that robots (and other smart technologies) will kill many jobs. It may also be true that newer collaborative robots (“cobots”) will totally reinvigorate how work gets done. That, at least, is what the economists are telling us. Should we believe them? SOURCES:David Autor, professor of economics at the Massachusetts Institute of Technology.James Rosenman, C.E.O. of Andrus on Hudson senior care community.Karen Eggleston, economist at Stanford University.Yong Suk Lee, professor of technology, economy, and global affairs at the University of Notre Dame. RESOURCES:"Robots and Labor in Nursing Homes," by Yong Suk Lee, Toshiaki Iizuka, and Karen Eggleston (NBER Working Paper, 2024)."Global Robotics Race: Korea, Singapore and Germany in the Lead," by International Federation of Robotics (2024)."Unmet Need for Equipment to Help With Bathing and Toileting Among Older US Adults," by Kenneth Lam, Ying Shi, John Boscardin, and Kenneth E. Covinsky (JAMA Internal Medicine, 2021)."Robots and Labor in the Service Se

After a dramatic election, Donald Trump has returned from exile. We hear what to expect at home and abroad — and what to do if you didn’t vote for Trump. SOURCE:Fareed Zakaria, journalist and author. RESOURCES:"The Most Dangerous Moment Since the Cold War," by Fareed Zakaria (The Washington Post, 2024)."America’s Failed Approach to Iran Can’t Really Be Called a Strategy," by Fareed Zakaria (The Washington Post, 2024).Age of Revolutions: Progress and Backlash from 1600 to the Present, by Fareed Zakaria (2024). EXTRAS:"Are We Living Through the Most Revolutionary Period in History?" by Freakonomics Radio (2024)."Are Private Equity Firms Plundering the U.S. Economy?" by Freakonomics Radio (2023).

Some people want the new cannabis economy to look like the craft-beer movement. Others are hoping to build the Amazon of pot. And one expert would prefer a government-run monopoly. We listen in as they fight it out. (Part four of a four-part series.) SOURCES:Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.Adam Goers, senior vice president of The Cannabist Company and chairperson of the Coalition for Cannabis Scheduling Reform.Yasmin Hurd, director of the Addiction Institute at Mount Sinai.Jared Polis, governor of Colorado.Ryan Stoa, associate professor of law at Louisiana State University. RESOURCES:"Prevalence of and Trends in Current Cannabis Use Among U.S. Youth and Adults, 2013–2022," by Delvon T. Mattingly, Maggie K. Richardson, and Joy L. Hart (Drug and Alcohol Dependence Reports, 2024)."Colorado’s Weed Market Is Coming Down Hard and It’s Making Other States Nervous," by Mona Zhang (Politico, 2024)."Reducing Alcohol Consumption, the Nordic Way: Alcohol Mono

Chris Weld worked for years in emergency rooms, then ditched that career and bought an old farm in Massachusetts. He set up a distillery and started making prize-winning spirits. When cannabis was legalized, he jumped into that too — and the first few years were lucrative. But now? It turns out that growing, processing, and selling weed is more complicated than it looks. He gave us the grand tour.  (Part three of a four-part series.) SOURCES:Chris Bennett, operations manager at Berkshire Mountain Distillers.Luca Boldrini, head of cultivation at The Pass.Yasmin Hurd, director of the Addiction Institute at Mount Sinai.Chris Weld, founder and owner of Berkshire Mountain Distillers. RESOURCES:"As America’s Marijuana Use Grows, So Do the Harms," by Megan Twohey, Danielle Ivory, and Carson Kessler (The New York Times, 2024)."Evaluation of Dispensaries’ Cannabis Flowers for Accuracy of Labeling of Cannabinoids Content," by Mona M. Geweda, Chandrani G. Majumdar, Mahmoud A. ElSohly, et al. (Journal of Cannabis Researc

With abortion on the Nov. 5 ballot, we look back at Steve Levitt’s controversial research about an unintended consequence of Roe v. Wade. SOURCES:John Donohue, professor of law at Stanford Law School.Steve Levitt, professor emeritus of economics at the University of Chicago and host of People I (Mostly) Admire.Jessica Wolpaw Reyes, professor of economics at Amherst College. RESOURCES:“The Impact of Legalized Abortion on Crime Over the Last Two Decades,” by John J. Donohue and Steven D. Levitt (The National Bureau of Economic Research, 2019).“The Demise of the Death Penalty in Connecticut,” by John J. Donohue (Stanford Law School Legal Aggregate, 2016).“Environmental Policy as Social Policy? The Impact of Childhood Lead Exposure on Crime,” by Jessica Wolpaw Reyes (The B.E. Journal of Economic Analysis & Policy, 2007).“The Impact of Legalized Abortion on Crime,” by John J. Donohue and Steven D. Levitt (The Quarterly Journal of Economics, 2001).“State Abortion Rates: The Impact of Policies, Providers, Politi

There are a lot of reasons, including heavy regulations, high taxes, and competition from illegal weed shops. Most operators are losing money and waiting for Washington to get out of the way. In the meantime, it’s not that easy being green. (Part two of a four-part series.) SOURCES:Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.Adam Goers, senior vice president of The Cannabist Company and chairperson of the Coalition for Cannabis Scheduling Reform.Precious Osagie-Erese, founder and C.E.O. of Precious Canna Co.Nikesh Patel, C.E.O. of Mammoth Distribution.Nikesh Patel, director of the San Francisco Office of Cannabis.Tom Standage, deputy editor of The Economist. RESOURCES:"Most Americans Favor Legalizing Marijuana for Medical, Recreational Use," (Pew Research Center, 2024)."Whitney Economics U.S. Legal Cannabis Forecast - 2024 - 2035," by Beau Whitney (Whitney Economics, 2024)."Beer Sellers Use a Loophole to Break Into Weed Drinks Market," by Redd Brown (Bloomber

We have always been a nation of drinkers — but now there are more daily users of cannabis than alcohol. Considering alcohol’s harms, maybe that’s a good thing. But some people worry that the legalization of cannabis has outpaced the research. (Part one of a four-part series.) SOURCES:Jon Caulkins, professor of operations research and public policy at Carnegie Mellon University.Yasmin Hurd, director of the Addiction Institute at Mount Sinai.Michael Siegel, professor of public health and community medicine at Tufts University.Tom Standage, deputy editor of The Economist.Ryan Stoa, associate professor of law at Louisiana State University. RESOURCES:"Cannabis Tops Alcohol as Americans’ Daily Drug of Choice," by Christina Caron (The New York Times, 2024)."Deaths from Excessive Alcohol Use — United States, 2016–2021," by Marissa B. Esser, Adam Sherk, Yong Liu, and Timothy S. Naimi (Morbidity and Mortality Weekly Report, 2024)."Nixon Started the War on Drugs. Privately, He Said Pot Was ‘Not Particularly Dangerous,'"

Are betting markets more accurate than polls? What kind of chaos would a second Trump term bring? And is U.S. democracy really in danger, or just “sputtering on”? (Part two of a two-part series.) SOURCES:Eric Posner, professor of law at the University of Chicago Law School.Koleman Strumpf, professor of economics at Wake Forest University. RESOURCES:"A Trump Dictatorship Won’t Happen," by Eric Posner (Project Syndicate, 2023).The Demagogue's Playbook: The Battle for American Democracy from the Founders to Trump, by Eric Posner (2020)."The Long History of Political Betting Markets: An International Perspective," by Paul W. Rhode and Koleman Strumpf (The Oxford Handbook of the Economics of Gambling, 2013)."Manipulating Political Stock Markets: A Field Experiment and a Century of Observational Data," by Paul W. Rhode and Koleman S. Strumpf (Working Paper, 2007)."Historical Presidential Betting Markets," by Paul W. Rhode and Koleman S. Strumpf (Journal of Economic Perspectives, 2004). EXTRAS:"Has the U.S. Presiden

Sure, we all pay lip service to the Madisonian system of checks and balances. But presidents have been steadily expanding the reach of the job. With an election around the corner, we updated our 2016 conversation with the legal scholar Eric Posner — who has some good news and some not-so-good news about the power of the presidency. (Part one of a two-part series.) SOURCE:Eric Posner, professor of law at the University of Chicago Law School.   RESOURCES:"Presidential Leadership and the Separation of Powers," by Eric Posner (Daedalus, 2016).The Executive Unbound: After the Madisonian Republic, by Eric Posner and Adrian Vermeule (2010). EXTRA:"Does the President Matter as Much as You Think?" by Freakonomics Radio (2020).

Sixty percent of the jobs that Americans do today didn’t exist in 1940. What happens as our labor becomes more technical and less physical? And what kinds of jobs will exist in the future?  SOURCES:David Autor, professor of economics at the Massachusetts Institute of Technology.Paula Barmaimon, manager of coverage and audience analytics at The New York Times.Ellen Griesedieck, artist and president of the American Mural Project.Adina Lichtman, co-host of the Our Friends Are Smart party.Avi Popack, co-host of the Our Friends Are Smart party.Huck Scarry, author and illustrator.James Suzman, anthropologist and author.Ben Varon, rabbi and chaplain at NYU Langone Hospital—Brooklyn . RESOURCES:"New Frontiers: The Origins and Content of New Work, 1940–2018," by David Autor, Caroline Chin, Anna Salomons, and Bryan Seegmiller (The Quarterly Journal of Economics, 2024).Work: A Deep History, from the Stone Age to the Age of Robots, by James Suzman (2020).Working: People Talk About What They Do All Day and How They Feel A

His research on police brutality and school incentives won him acclaim, but also enemies. He was suspended for two years by Harvard, during which time he took a hard look at corporate diversity programs. As a follow-up to our recent series on the Rooney Rule, we revisit our 2022 conversation with the controversial economist. SOURCE:Roland Fryer, professor of economics at Harvard University. RESOURCES:"How to Make Up the Covid Learning Loss," by Roland Fryer (Wall Street Journal, 2022)."Roland Fryer on Better Alternatives to Defunding the Police," by Roland Fryer (The Economist, 2020)."Harvard Suspends Roland Fryer, Star Economist, After Sexual Harassment Claims," by Ben Casselman and Jim Tankersley (The New York Times, 2019)."Why Diversity Programs Fail: And What Works Better," by Frank Dobbin and Alexandra Kalev (Harvard Business Review, 2016)."An Empirical Analysis of Racial Differences in Police Use of Force," by Roland G. Fryer, Jr (NBER Working Paper, 2016)."Getting Beneath the Veil of Effective Schools:

What happened when the Rooney Rule made its way from pro football to corporate America? Some progress, some backsliding, and a lot of controversy. (Second in a two-part series.) SOURCES:Tynesia Boyea-Robinson, president and C.E.O. of CapEQ.N. Jeremi Duru, professor of law at American University.Herm Edwards, former N.F.L. player and head coach.Christopher Rider, professor of entrepreneurial studies at the University of Michigan.Jim Rooney, author and co-partner of Rooney Consulting.Scott Shephard, general counsel at the National Center for Public Policy Research. RESOURCES:The Social Impact Advantage: Win Customers and Talent By Harnessing Your Business For Good, by Tynesia Boyea-Robinson (2022).A Different Way to Win: Dan Rooney’s Story from the Super Bowl to the Rooney Rule, by Jim Rooney (2019)."If There’s Only One Woman in Your Candidate Pool, There’s Statistically No Chance She’ll Be Hired," by Stefanie K. Johnson, David R. Hekman and Elsa T. Chan (Harvard Business Review, 2016)."Racial Disparity in Lead

The biggest sports league in history had a problem: While most of its players were Black, almost none of its head coaches were. So the N.F.L. launched a hiring policy called the Rooney Rule. In the first episode of a two-part series, we look at how the rule succeeded — until it failed. SOURCES:N. Jeremi Duru, professor of law at American University.Herm Edwards, former N.F.L. player and head coach.Jim Rooney, author and co-partner of Rooney Consulting. RESOURCES:A Different Way to Win: Dan Rooney's Story from the Super Bowl to the Rooney Rule, by Jim Rooney (2019)."For ASU's Herm Edwards, Sports Bubble Helped to Overcome Racism Growing Up," by Jeff Metcalfe (The Arizona Republic, 2018).Advancing the Ball: Race, Reformation, and the Quest for Equal Coaching Opportunity in the NFL, by N. Jeremi Duru (2010)."Differences in the Success of NFL Coaches by Race, 1990-2002: Evidence of Last Hire, First Fire," by Janice Madden (Journal of Sports Economics, 2004). EXTRAS:"When Is a Superstar Just Another Employee?" by

We revisit an episode from 2016 that asks: Has our culture’s obsession with innovation led us to neglect the fact that things also need to be taken care of?  SOURCES:Martin Casado, general partner at Andreessen Horowitz.Ruth Schwartz Cowan, professor emerita of history and sociology of science at University of Pennsylvania.Edward Glaeser, professor of economics at Harvard University.Chris Lacinak, founder and president of AVPreserve.Andrew Russell, provost of SUNY Polytechnic Institute.Lawrence Summers, professor and president emeritus of Harvard University; former Secretary of the Treasury and former director of the National Economic Council.Lee Vinsel, professor of science, technology, and society at Virginia Tech. RESOURCES:“Hail the Maintainers," by Andrew Russell and Lee Vinsel (Aeon, 2016).“A Lesson on Infrastructure From the Anderson Bridge Fiasco,” by Lawrence Summers and Rachel Lipson (The Boston Globe, 2016).Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier

Young people have been reporting a sharp rise in anxiety and depression. This maps neatly onto the global rise of the smartphone. Some researchers are convinced that one is causing the other. But how strong is the evidence? SOURCES:David Blanchflower, professor of economics at Dartmouth College.Lauren Oyler, novelist and cultural critic.Andrew Przybylski, professor of human behavior and technology at the University of Oxford. RESOURCES:"The Declining Mental Health Of The Young And The Global Disappearance Of The Hump Shape In Age In Unhappiness," by David G. Blanchflower, Alex Bryson, and Xiaowei Xu (NBER Working Paper, 2024)."Further Evidence on the Global Decline in the Mental Health of the Young," by David G. Blanchflower, Alex Bryson, Anthony Lepinteur, and Alan Piper (NBER Working Paper, 2024).No Judgment: Essays, by Lauren Oyler (2024)."To What Extent are Trends in Teen Mental Health Driven by Changes in Reporting?" by Adriana Corredor-Waldron and Janet Currie (Journal of Human Resources, 2024).The Anxi