The Economics of Everyday Things

The Economics of Everyday Things

Who decides which snacks are in your office’s vending machine? How much is a suburban elm tree worth, and to whom? How did Girl Scout Cookies become a billion-dollar business? In bite-sized episodes, journalist Zachary Crockett looks at quotidian things and finds amazing stories. To get every show in the Freakonomics Radio Network without ads and a monthly bonus episode of Freakonomics Radio, start a free trial for SiriusXM Podcasts+ on Apple Podcasts or by visiting siriusxm.com/podcastsplus.

Episodes

July 13, 2025 18 mins

We send 10 billion of them every day. Where do they come from? Zachary Crockett hearts this topic.

 

 

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When security cameras and facial recognition tools fail, law enforcement investigators fall back on a witness's memory and an artist's hand. Zachary Crockett's nose was a little bigger than that.

 

 

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July 2, 2025 16 mins

How does an industry built on roadside pop-ups make billions of dollars in two weeks of the year? Zachary Crockett gets pyrotechnical.

 

  • SOURCES:

 

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June 29, 2025 15 mins

Why are these sudsy roadside stops one of the fastest growing industries in America? Zachary Crockett takes a look under the hood.

 

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June 22, 2025 18 mins

Americans take more than 20 billion elevator rides every year — and keeping them safe is an expensive proposition. Zachary Crockett makes small talk.

 

  • SOURCES:
    • Frank Christensen, president of the International Union of Elevators Constructors.
    • Shannon Moore, service mechanic for the International Union of Elevator Constructors Local 8.
    • Brian O'Connell, senior vice president of the Eastern U.S. at Otis Elevators.
    • Stephen Smith, ex...
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June 15, 2025 20 mins

Districts across the country are facing shortages of school bus drivers. Can technology help? Zachary Crockett takes a seat in the back.

 

  • SOURCES:
    • Keith Corso, co-founder and CEO of BusRight.
    • Marc Medina, transportation supervisor for the Farmingdale School District in Long Island.
    • Jada Melendez, school bus driver in Burlington County, New Jersey.

 

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June 8, 2025 20 mins

Everyone loves to complain about it — but preparing a meal that tastes good at 35,000 feet is harder than you might think. Zachary Crockett will have the fish.

 

 

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June 1, 2025 21 mins

Every year, America celebrates its independence with millions of dollars worth of explosives imported from China. Zachary Crockett lights a fuse and backs away quickly.

 

  • SOURCES:

 

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May 25, 2025 19 mins

These glistening round gemstones have come a long way since your grandmother's time, but procuring them is still a lot of work. The world is Zachary Crockett’s oyster.

 

 

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May 18, 2025 21 mins

Youth baseball — long a widely accessible American pastime — has become overrun by $10,000-per-year, for-profit travel leagues. Zachary Crockett peers inside the dugout.

 

  • SOURCES:
    • Linda Flanagan, author.
    • Nick Mackenzie, future New York Yankees shortstop.
    • R.J. Mackenzie, physical education teacher and baseball dad.
    • John Miller, journalist and baseball coach.

 

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May 11, 2025 17 mins

Where is “the cloud,” anyway? It’s in a bunch of nondescript warehouses all over the country. Zachary Crockett serves up the story.

 

  • SOURCES: 
    • Chris Kimm, senior vice president of global customer care and customer experience at Equinix.
    • Raul Martynek, C.E.O. of DataBank.
    • Clayton Rosati, associate professor of geography at Bowling Green State University.

 

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May 4, 2025 22 mins

A new thrill ride can cost an amusement park $20 million or more — but roller coasters attract customers like nothing else. Zachary Crockett must be at least this tall to host this episode.

 

  • SOURCES:

 

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April 27, 2025 19 mins

It takes a highly skilled stenographer — and some specialized equipment — to transcribe TV dialogue in real time at 300 words per minute. Will A.I. rewrite the script? Zachary Crockett tries to keep up.

 

  • SOURCES:
    • Doug Karlovits, general manager at Verbit.
    • Katie Ryan, live steno captioner at Verbit.

 

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April 20, 2025 18 mins

The ability to get into any home, car, or safe can be lucrative — but fixing locks is a tough business. Zachary Crockett gets the key information.

 

 

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April 13, 2025 20 mins

Those tiny treats that predict your future may come free at the end of a Chinese meal, but they’re big business (and not Chinese). Zachary Crockett will go on a long journey.

 

 

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April 6, 2025 20 mins

When you hit the slopes, you might not be thinking about water rights, controlled avalanches, and liability insurance — but someone has to. Zachary Crockett shreds the pow. 

 

  • SOURCES:
    • Andrew Gast, general manager of Mt. Ashland Ski Area.
    • Rob Goodell, chief operating officer at Loveland Ski Area.

 

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March 30, 2025 16 mins

We reach for it twice a day — without thinking about the decades of research and engineering that went into that squeezable tube of minty goo. Zachary Crockett extracts the last bit.

 

  • SOURCES:
    • Stephan Habif, chief technology officer at Colgate-Palmolive.
    • Sergio Leite, global head of Oral Care R&D at Colgate-Palmolive.
    • Peter Miskell, professor of international business history at the University of Reading.

 

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March 23, 2025 21 mins

When a Fortune 500 company needs a new leader, it turns to a well-connected headhunter who assesses candidates with psychological tests and mock TV interviews. Zachary Crockett activates his network.  

 

  • SOURCES:
    • Julian Ha, partner at the executive recruiting firm Heidrick & Struggles.
    • Jane Stevenson, global vice chair of board and CEO services at Korn Ferry.

 

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March 16, 2025 18 mins

Security guards make malls feel safer, but what can they do when there’s trouble? Zachary Crockett observes and reports.

 

  • SOURCES:
    • Gus Parsons, mall cop in the San Diego area.
    • David Levenberg, owner of Center Security Services.

 

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March 9, 2025 19 mins

How do TV producers decide how much money to give away? A little psychology and a lot of math. Zachary Crockett phones a friend.

 

  • SOURCES:
    • Bowen Kerins, math teacher and former contestant on Who Wants to Be A Millionaire.
    • Arthur Smith, CEO of A. Smith & Co. Productions and author of "Reach: Hard Lessons and Learned Truths from a Lifetime in Television."
    • Aaron Solomon, television producer.

 

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