here’s-why-all-your-projects-are-always-late-—-and-what-to-do-about-it-(ep.-323-rebroadcast) Economy News 

Here’s Why All Your Projects Are Always Late — and What to Do About It (Ep. 323 Rebroadcast)

It took $10 million and four months to freeze the ground to start building the tunnel that would become the Second Avenue Subway in New York. (Photo: Patrick Cashin/MTA) Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.” (You also have an “optimism bias” and a bad case of overconfidence.) But don’t worry: we’ve got the solution. Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere.…

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23andme-(and-you,-and-everyone-else)-(ep.378) Economy News 

23andMe (and You, and Everyone Else) (Ep.378)

The MIT Technology Review predicts that by 2021, more than 100 million people will be part of commercial genetic databases. (Photo: Cain/Getty) The revolution in home DNA testing is giving consumers important, possibly life-changing information. It’s also building a gigantic database that could lead to medical breakthroughs. But how will you deal with upsetting news? What if your privacy is compromised? And are you prepared to have your DNA monetized? We speak with Anne Wojcicki, founder and C.E.O. of 23andMe. Listen and subscribe to our podcast at Apple Podcasts, Stitcher,…

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the-$15-trillion-question:-how-to-fix-student-loan-debt?-(ep.-377) Economy News 

The $1.5 Trillion Question: How to Fix Student-Loan Debt? (Ep. 377)

Roughly 45 million Americans have student-loan debt. Of those who graduate from a public, four-year university, the average debt is more than $27,000. (Photo: Mark Simons/Purdue University) As the cost of college skyrocketed, it created a debt burden that’s putting a drag on the economy. One possible solution: shifting the risk of debt away from students and onto investors looking for a cut of the graduates’ earning power. Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode, edited for readability.…

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the-data-driven-guide-to-sane-parenting-(ep.-376) Economy News 

The Data-Driven Guide to Sane Parenting (Ep. 376)

Letting a baby “cry it out” when it’s time to sleep is controversial, but sleep training has been shown to reduce maternal depression. (Photo: Franklin/Flickr) Humans have been having kids forever, so why are modern parents so bewildered? The economist Emily Oster marshals the evidence on the most contentious topics — breastfeeding and sleep training, vaccines and screen time — and tells her fellow parents to calm the heck down. Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode, edited…

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the-invisible-paw-(ep.-329-rebroadcast) Economy News 

The Invisible Paw (Ep. 329 Rebroadcast)

What if we’re not the only economic animals? (Photo: Pxhere) Humans, it has long been thought, are the only animal to engage in economic activity. But what if we’ve had it exactly backward? Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode, edited for readability. For more information on the people and ideas in the episode, see the links at the bottom of this post. *      *      * Here’s a question: what is the one thing that sets humans apart from all…

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the-most-interesting-fruit-in-the-world-(ep.-375) Economy News 

The Most Interesting Fruit in the World (Ep. 375)

Ninety-nine percent of commercially traded bananas are just one variety: the Cavendish. (Photo: Moore/Getty) The banana used to be a luxury good. Now it’s the most popular fruit in the U.S. and elsewhere. But the production efficiencies that made it so cheap have also made it vulnerable to a deadly fungus that may wipe out the one variety most of us eat. Scientists do have a way to save it — but will Big Banana let them? Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below…

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how-spotify-saved-the-music-industry-(but-not-necessarily-musicians)-(ep.-374) Economy News 

How Spotify Saved the Music Industry (But Not Necessarily Musicians) (Ep. 374)

Spotify has been a savior for record labels like Universal Music Group, which has tripled its value since 2013. Meanwhile, just 28 percent of artists earned money from streaming in 2018. (Photo: Hayward/Getty) Daniel Ek, a 23-year-old Swede who grew up on pirated music, made the record labels an offer they couldn’t refuse: a legal platform to stream all the world’s music. Spotify reversed the labels’ fortunes, made Ek rich, and thrilled millions of music fans. But what has it done for all those musicians stuck in the long tail? Listen…

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why-rent-control-doesn’t-work-(ep.-373) Economy News 

Why Rent Control Doesn’t Work (Ep. 373)

In the U.S., median rent has doubled since the 1990’s, outpacing inflation. Politicians and the public think rent control is the solution. Spoiler alert: it’s not. (Photo: Caelie Frampton) As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next? Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode,…

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freakonomics-radio-live:-“would-you-eat-a-piece-of-chocolate-shaped-like-dog-poop?”-(ep.-372) Economy News 

Freakonomics Radio Live: “Would You Eat a Piece of Chocolate Shaped Like Dog Poop?” (Ep. 372)

Angela Duckworth and Stephen Dubner listen to Rossini’s “L’Italiana in Algeri,” an opera that may owe its remarkable creativity to Napoleon’s invasion of Italy. (Photo: Lucy Sutton) What your disgust level says about your politics, how Napoleon influenced opera, why New York City’s subways may finally run on time, and more. Five compelling guests tell Stephen Dubner, co-host Angela Duckworth, and fact-checker Jody Avirgan lots of things they didn’t know. Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode, edited…

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why-you-shouldn’t-open-a-restaurant-(ep.-347-update) Economy News 

Why You Shouldn’t Open a Restaurant (Ep. 347 Update)

The all-star food writer Kenji López-Alt decided to open his own restaurant. Then came kitchen snafus, disastrously clogged toilets, and long days away from his young daughter. (Photo: Max Pixel) Kenji López-Alt became a rock star of the food world by bringing science into the kitchen in a way that everyday cooks can appreciate. Then he dared to start his own restaurant — and discovered problems that even science can’t solve. Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode, edited for readability.…

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