Freakonomics Radio

Until recently, Delaware was almost universally agreed to be the best place for companies to incorporate. Now, with Elon Musk leading a corporate stampede out of the First State, we revisit an episode from 2023 that asked if Delaware’s “franchise” is wildly corrupt, wildly efficient … or both?

• SOURCES:
  • John Cassara, retired Special Agent detailee to the U.S. Department of Treasury’s Office of Terrorism Finance and Financial ...

For years, the playwright David Adjmi was considered “polarizing and difficult.” But creating Stereophonic seems to have healed him. Stephen Dubner gets the story — and sorts out what Adjmi has in common with Richard Wagner.

• SOURCES:
  • David Adjmi, author and playwright.

• RESOURCES:
  • "The West End is enjoying a theatre revival. Can Broadway keep up?" by Daniel Thomas (Financial Times, 2025).
  • Lot Six: A Memoir, by...

The Gulf States and China are spending billions to build stadiums and buy up teams — but what are they really buying? And can an entrepreneur from Cincinnati make his own billions by bringing baseball to Dubai?

• SOURCES:
  • Simon Chadwick, professor of afroeurasian sport at Emlyon Business School.
  • Derek Fisher, high school basketball coach, former N.B.A. coach and player.
  • Kash Shaikh, chairman, C.E.O., and co-founder of Baseball U...

Before she decided to become a poker pro, Maria Konnikova didn’t know how many cards are in a deck. But she did have a Ph.D. in psychology, a brilliant coach, and a burning desire to know whether life is driven more by skill or chance. She found some answers in poker — and she’s willing to tell us everything she learned.

• SOURCES:
  • Maria Konnikova, author of The Biggest Bluff.

• RESOURCES:
  • “Gender Differences in...

Cory Booker on the politics of fear, the politics of hope, and how to split the difference.

• SOURCES:
  • Cory Booker, senior United States Senator from New Jersey.

• RESOURCES:
  • "'When Are More Americans Going to Speak Up?'" by The New Yorker Radio Hour (2025).
  • "Cory Booker’s Marathon Floor Speech," (2025).
  • "Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show," by Georgia Wells, Jeff Horwitz, and...

In the U.S., there will soon be more people over 65 than there are under 18 — and it’s not just lifespan that’s improving, it’s “healthspan” too. Unfortunately, the American approach to aging is stuck in the 20th century. In less than an hour, we try to unstick it. (Part three of a three-part series, “Cradle to Grave.”)

• SOURCES:
  • James Chappel, professor of history at Duke University.
  • Katy Fike, co-founder of Aging 2.0 and man...

In this episode from 2013, we look at whether spite pays — and if it even exists.

• SOURCES:
  • Benedikt Herrmann, research officer at the European Commission.
  • Steve Levitt, co-author of Freakonomics and host of People I (Mostly) Admire.
  • Dave O'Connor, president of Times Studios.
  • Lisi Oliver, professor of English at Louisiana State University.
  • E.O. Wilson, naturalist and university research professor emeritus at Harvard University.

The simplicity of life back then is appealing today, as long as you don’t mind Church hegemony, the occasional plague, trial by gossip — and the lack of ibuprofen. (Part two of a three-part series, “Cradle to Grave.”)

• SOURCES:
  • Jordan Cavalier, performer at the New Jersey Renaissance Faire.
  • Matt Schwarz, harpist at the New Jersey Renaissance Faire.
  • Phillipp Schofield, professor of history at Aberystywth University.
  • Neslihan Şeno...

For decades, the great fear was overpopulation. Now it’s the opposite. How did this happen — and what’s being done about it? (Part one of a three-part series, “Cradle to Grave.”)

• SOURCES:
  • Matthias Doepke, professor of economics at the London School of Economics.
  • Amy Froide, professor of history at the University of Maryland, Baltimore County.
  • Diana Laird, professor of obstetrics and gynecology at the University of California, ...

A famous essay argues that “not a single person on the face of this earth” knows how to make a pencil. How true is that? In this 2016 episode, we looked at what pencil-making  can teach us about global manufacturing — and the proper role of government in the economy.

• SOURCES:
  • Caroline Weaver, creator of the Locavore Guide.
  • Matt Ridley, science writer, British viscount and retired member of the House of Lords
  • Tim Harford, econo...

Nicholas Cullinan, the new director of the British Museum, seems to think so. “I'm not afraid of the past,” he says — which means talking about looted objects, the basement storerooms, and the leaking roof. We take the guided tour.

• SOURCES:
  • Nicholas Cullinan, director of the British Museum.

• RESOURCES:
  • "Inside the British Museum: stolen treasures and a £1bn revamp," by Alice Thomson (The Times, 2025).
  • "British...

Austan Goolsbee, president of the Federal Reserve Bank of Chicago, is less reserved than the average banker. He explains why vibes are overrated, why the Fed’s independence is non-negotiable, and why tariffs could bring the economy back to the Covid era.

• SOURCES:
  • Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago.

• RESOURCES:
  • "Internet Rising, Prices Falling: Measuri...

Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity. Javier Blas and Jack Farchy, the authors of The World for Sale, help us shine a light on the shadowy realm of commodity traders.

• SOURCES:
  • Javier Blas, opinion columnist at Bloomberg News.
  • Jack Farchy, energy and commodities senior reporter at Bloomberg News.

Everyone makes mistakes. How do we learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. (Part four of a four-part series.)

• SOURCES:
  • Will Coleman, founder and C.E.O. of Alto.
  • Amy Edmondson, professor of leadership management at Harvard Business School.
  • Babak Javid, physician-scientist and associate director of the University of California, San Francisco Center for Tuberculosi...

Giving up can be painful. That's why we need to talk about it. Today: stories about glitchy apps, leaky paint cans, broken sculptures — and a quest for the perfect bowl of ramen. (Part three of a four-part series.)

• SOURCES:
  • John Boykin, website designer and failed paint can re-inventor.
  • Angela Duckworth, host of No Stupid Questions, co-founder of Character Lab, and professor of psychology at the University of Pennsylvania.
  • Amy...

In medicine, failure can be catastrophic. It can also produce discoveries that save millions of lives. Tales from the front line, the lab, and the I.T. department. (Part two of a four-part series.)

• SOURCES:
  • Amy Edmondson, professor of leadership management at Harvard Business School.
  • Carole Hemmelgarn, co-founder of Patients for Patient Safety U.S. and director of the Clinical Quality, Safety & Leadership Master’s program at ...

We tend to think of tragedies as a single terrible moment, rather than the result of multiple bad decisions. Can this pattern be reversed? We try — with stories about wildfires, school shootings, and love. (Part one of a four-part series.)

• SOURCES:
  • Amy Edmondson, professor of leadership management at Harvard Business School.
  • Helen Fisher, former senior research fellow at The Kinsey Institute and former chief science advisor t...

It used to be that making documentary films meant taking a vow of poverty (and obscurity). The streaming revolution changed that. Award-winning filmmaker R.J. Cutler talks to Stephen Dubner about capturing Billie Eilish’s musical genius and Martha Stewart’s vulnerability — and why he really, really, really needs to make a film about the New York Mets.

• SOURCES:
  • R.J. Cutler, filmmaker.

• RESOURCES:
  • Fight for Glo...

It’s been in development for five years and has at least a year to go. On the eve of its out-of-town debut, the actor playing Lincoln quit. And the producers still need to raise another $15 million to bring the show to New York. There really is no business like show business. (Part three of a three-part series.)

• SOURCES:
  • Christopher Ashley, artistic director of La Jolla Playhouse.
  • Debby Buchholz, managing director of La Jolla...