The drugs in your medicine cabinet were probably discovered on your dime, in a university lab, with NIH money. You don't hold the patent. You don't set the price. Same story with the touchscreen, the…
AI is coming for your job; AI isn't coming for your job. Economist Luis Garicano thinks both camps are asking the wrong question. In Messy Jobs: The Work That AI Cannot Reach, Garicano and co-authors…
For most of the last century liberal democracies offered a simple deal: the economy grows and, if you work hard, you get a fair shot at the rewards. According to 2024 Nobel Prize-winning economist…
Amazon went public three years after it was founded. SpaceX stayed private for 24 years. What changed and why does it matter? The standard story is that companies avoid an IPO because public markets…
The Republican Party is often associated with free-market fundamentalism, deregulation, and tax cuts. But a new faction on the right is challenging that consensus. In this episode, Bethany and Luigi…
Were the foundations of American governance engineered to protect the wealthy? Harvard Law professor Michael Klarman argues that the US Constitution was actually a counter-revolutionary coup to…
Is personal finance rigged against ordinary people? Economists John Campbell and Tarun Ramadorai argue the system rewards the wealthy and financially savvy at the expense of everyone else. Their book…
Free trade was never actually free? That's the case Katherine Tai, Joe Biden's former U.S. Trade Representative, brings Bethany McLean and Luigi Zingales this week. For decades, the economic consensus…
Corporations are people in the eyes of the law. But how did that happen, and why does it hand them rights you don't have? UCLA law professor Adam Winkler, author of "We the Corporations", traces a…
How does a free, decentralized, volunteer-run encyclopedia produce something more trusted than nearly any for-profit institution? Luigi Zingales and Bethany McLean sit down with Wikipedia co-founder…