American politics is trapped in a duopoly, with two all-powerful parties colluding to stifle competition. We revisit a 2018 episode to explain how the political industry works, and talk to a reformer (and former presidential candidate) who is pushing for change.

• SOURCES:
  • Katherine Gehl, former president and C.E.O. of Gehl Foods.
  • Michael Porter, professor at Harvard Business School.
  • Andrew Yang, co-chair of the Forward Party and former U.S. presidential candidate.

• RESOURCES:
  • "Why U.S. Politics Is Broken — and How to Fix It," by Andrew Yang (TED, 2024).
  • The Politics Industry: How Political Innovation Can Break Partisan Gridlock and Save Our Democracy, by Michael Porter and Katherine Gehl (2020).
  • “Why Competition in the Politics Industry is Failing America,” Katherine Gehl and Michael Porter (Harvard Business School, 2017).
  • “Stronger Parties, Stronger Democracy: Rethinking Reform,” by Ian Vandewalker and Daniel I. Weiner (Brennan Center for Justice, 2015).
  • On Competition, by Michael Porter (2008).
  • Competitive Strategy: Techniques for Analyzing Industries and Competitors, by Michael Porter (1980).

• EXTRAS:
  • "Andrew Yang Is Not Giving Up on Politics — or the U.S. — Yet," by People I (Mostly) Admire (2021).
  • "The Future of New York City Is in Question. Could Andrew Yang Be the Answer?" by Freakonomics Radio (2021).
  • "Why Is This Man Running for President? (Update)," by Freakonomics Radio (2019).
  • “Ten Ideas to Make Politics Less Rotten,” Freakonomics Radio (2016).

It’s hard to know whether the benefits of hiring a celebrity are worth the risk. We dig into one gruesome story of an endorsement gone wrong, and find a surprising result.

• SOURCES:
  • John Cawley, professor of economics at Cornell University.
  • Elizabeth (Zab) Johnson, executive director and senior fellow with the Wharton Neuroscience Initiative at the University of Pennsylvania.
  • Alvin Roth, professor of economics at Stanford University.

• RESOURCES:
  • "Kanye and Adidas: Money, Misconduct and the Price of Appeasement," by Megan Twohey (The New York Times, 2023).
  • "The Role of Repugnance in Markets: How the Jared Fogle Scandal Affected Patronage of Subway," by John Cawley, Julia Eddelbuettel, Scott Cunningham, Matthew D. Eisenberg, Alan D. Mathios, and Rosemary J. Avery (NBER Working Paper, 2023).
  • "How Celebrity Status and Gaze Direction in Ads Drive Visual Attention to Shape Consumer Decisions," by Simone D'Ambrogio, Noah Werksman, Michael L. Platt, and Elizabeth Johnson (Psychology & Marketing, 2022).
  • "Consumer Responses to Firms’ Voluntary Disclosure of Information: Evidence from Calorie Labeling by Starbucks," by Rosemary Avery, John Cawley, Julia Eddelbuettel, Matthew D. Eisenberg, Charlie Mann, and Alan D. Mathios (NBER Working Paper, 2021).
  • "Consumer Heterogeneity and Paid Search Effectiveness: A Large Scale Field Experiment," by Thomas Blake, Chris Nosko, and Steven Tadelis (NBER Working Paper, 2014).
  • "The Economics of Obesity," by John Cawley (The Reporter, 2013).
  • "Repugnance as a Constraint on Markets," by Alvin Roth (Journal of Economic Perspectives, 2007).

• EXTRAS:
  • "Does Advertising Actually Work? (Part 2: Digital)," by Freakonomics Radio (2020).
  • "Does Advertising Actually Work? (Part 1: TV)," by Freakonomics Radio (2020).

Broadway operates on a winner-take-most business model. A runaway hit like Stereophonic — which just won five Tony Awards — will create a few big winners. But even the stars of the show will have to go elsewhere to make real money. (Part two of a two-part series.)

• SOURCES:
  • David Adjmi, author and playwright.
  • Sonia Friedman, theater producer and founder of Sonia Friedman Productions.
  • John Johnson, theater producer and co-founder of Wagner Johnson Productions.
  • Tom Pecinka, actor.
  • Sarah Pidgeon, actor.

• RESOURCES:
  • "Tony Award Winners 2024: The Full List," by Rachel Sherman (The New York Times, 2024).
  • "Everything to Know About the Stranger Things: The First Shadow Play in London," by Tara Bitran (Tudum, 2024).
  • Stereophonic, by David Adjmi, Will Butler, and Daniel Aukin (2023).

• EXTRAS:
  • "How to Make the Coolest Show on Broadway," by Freakonomics Radio (2024).

The Berlin dance mecca Berghain is known for its eight-hour line and inscrutable door policy. PJ Vogt, host of the podcast Search Engine, joins us to crack the code. It has to do with Cold War rivalries, German tax law, and one very talented bouncer.

• SOURCES:
  • Lutz Leichsenring, executive board member of Clubcommission Berlin and co-founder of VibeLab.
  • PJ Vogt, reporter, writer, and host of the podcast Search Engine.

• RESOURCES:
  • "Berghain: 36 Hours Inside the World's Most Exclusive Nightclub," by Linux (Paper Magazine, 2022).
  • Berlin Bouncer, documentary by David Dietl (2019).
  • "High Culture Club: Berghain Secures Same Tax Status as Berlin Concert Venues," by Philip Oltermann (The Guardian, 2016).
  • "One Eye on the Door, the Other on His Photography," by Nicholas Kulish (The New York Times, 2011).
  • Lost and Sound: Berlin, Techno and the Easyjet Set, by Tobias Rapp (2009).

• EXTRA:
  • Search Engine, podcast by PJ Vogt.

Hit by Covid, runaway costs, and a zillion streams of competition, serious theater is in serious trouble. A new hit play called Stereophonic — the most Tony-nominated play in history — has something to say about that. We speak with the people who make it happen every night. (Part one of a two-part series.)

• SOURCES:
  • David Adjmi, author and playwright.
  • Sonia Friedman, theater producer and founder of Sonia Friedman Productions.
  • John Johnson, theater producer and co-founder of Wagner Johnson Productions.
  • Tom Pecinka, actor.
  • Sarah Pidgeon, actor.

• RESOURCES:
  • Stereophonic, by David Adjmi, Will Butler, and Daniel Aukin (2023).
  • Lot Six: A Memoir, by David Adjmi (2020).
  • "On the Performing Arts: The Anatomy of Their Economic Problems," by W. J. Baumol and W. G. Bowen (The American Economic Review, 1965).

Every December, a British man named Tom Whitwell publishes a list of 52 things he’s learned that year. These fascinating facts reveal the spectrum of human behavior, from fraud and hypocrisy to Whitwell’s steadfast belief in progress. Should we also believe?

• SOURCES:
  • Tom Whitwell, managing consultant at Magnetic.

• RESOURCES:
  • "Supercentenarian and Remarkable Age Records Exhibit Patterns Indicative of Clerical Errors and Pension Fraud," by Saul Justin Newman (Working Paper, 2024).
  • "52 things I learned in 2023," by Tom Whitwell (Magnetic Notes, 2023).
  • "Job Satisfaction 2023," by The Conference Board (2023).
  • "What Fax Machines and Floppy Disks Reveal About Britain’s Productivity Problem," (The Economist, 2017).
  • Fighting Traffic: The Dawn of the Motor Age in the American City, by Peter D. Norton (2008).
  • "Beyond Propaganda," by John Kenney (The New York Times, 2006).

An update of our 2020 series, in which we spoke with physicians, researchers, and addicts about the root causes of the crisis — and the tension between abstinence and harm reduction.

• SOURCES:
  • Gail D’Onofrio, professor and chair of emergency medicine at the Yale School of Medicine and chief of emergency services at Yale-New Haven Health.
  • Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.
  • Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.
  • Nicole O’Donnell, certified recovery specialist at the University of Pennsylvania's Center for Addiction Medicine and Policy.
  • Jeanmarie Perrone, professor of emergency medicine at the University of Pennsylvania.
  • Eileen Richardson, restaurant manager.

• RESOURCES:
  • “Toward Healthy Drug Policy in the United States — The Case of Safehouse,” by Evan D. Anderson, Leo Beletsky, Scott Burris, and Corey S. Davis (The New England Journal of Medicine, 2020).
  • “Buprenorphine Deregulation and Mainstreaming Treatment for Opioid Use Disorder,” by Leo Beletsky, Kevin Fiscella, and Sarah E. Wakeman (JAMA Psychiatry, 2018).
  • “Emergency Department–Initiated Buprenorphine/Naloxone Treatment for Opioid Dependence,” by Gail D’Onofrio, Patrick G. O’Connor, Michael V. Pantalon, Marek C. Chawarski, Susan H. Busch, Patricia H. Owens, Steven L. Bernstein, and David A. Fiellin (JAMA, 2015).
  • “Buprenorphine-Naloxone Therapy In Pain Management,” by Lucy Chen, Kelly Yan Chen, and Jianren Mao (National Institutes of Health, 2014).
  • “Prevalence and Correlates of Street-Obtained Buprenorphine Use Among Current and Former Injectors In Baltimore, Maryland,” by Jacquie Astemborski, Becky L. Genberg, Mirinda Gillespie, Chris-Ellyn Johanson, Gregory D. Kirk, Shruti H. Mehta, Charles R. Schuster, and David Vlahov (U.S. National Library of Medicine National Institutes of Health, 2014).
  • “The Promotion and Marketing of OxyContin: Commercial Triumph, Public Health Tragedy,” by Art Van Zee (U.S. National Library of Medicine National Institutes of Health, 2009).

• EXTRAS:
  • "Why Is the Opioid Epidemic Still Raging?" series by Freakonomics Radio (2024).
  • "The Opioid Tragedy, Part 1: 'We’ve Addicted an Entire Generation,'" by Freakonomics Radio (2020).
  • “The Truth About the Vaping Crisis,” by Freakonomics Radio (2019).

Thanks to legal settlements with drug makers and distributors, states have plenty of money to boost prevention and treatment. Will it work? (Part two of a two-part series.)

• SOURCES:
  • Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.
  • Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.
  • Christine Minhee, founder of OpioidSettlementTracker.com.

• RESOURCES:
  • "Court Conflicted Over Purdue Pharma Bankruptcy Plan That Shields Sacklers From Liability," by Amy Howe (SCOTUSblog, 2023).
  • NationalOpioidSettlement.com.
  • OpioidSettlementTracker.com.
  • The Helios Alliance.

• EXTRAS:
  • "The Opioid Tragedy, Part 2: 'It’s Not a Death Sentence,'" by Freakonomics Radio (2020).