Freakonomics Radio

What if the thing we call "talent" is grotesquely overrated? And what if deliberate practice is the secret to excellence? Those are the claims of the research psychologist Anders Ericsson, who has been studying the science of expertise for decades. He tells us everything he's learned.

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It's Self-Improvement Month at Freakonomics Radio. We begin with a topic that seems to be on everyone's mind: how to get more done in less time. First, however, a warning: there's a big difference between being busy and being productive.

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A lot of full-time jobs in the modern economy simply don't pay a living wage. And even those jobs may be obliterated by new technologies. What's to be done so that financially vulnerable people aren't just crushed? It may finally be time for an idea that economists have promoted for decades.

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Critics -- including President Obama -- say short-term, high-interest loans are predatory, trapping borrowers in a cycle of debt. But some economists see them as a useful financial instrument for people who need them. As the Consumer Financial Protection Bureau promotes new regulation, we ask: who's right?

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People who sleep better earn more money. Now all we have to do is teach everyone to sleep better.

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Could a lack of sleep help explain why some people get much sicker than others?

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As sexy as the digital revolution may be, it can't compare to the Second Industrial Revolution (electricity! the gas engine! antibiotics!), which created the biggest standard-of-living boost in U.S. history. The only problem, argues the economist Robert Gordon, is that the Second Industrial Revolution was a one-time event. So what happens next?

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The restaurant business model is warped: kitchen wages are too low to hire cooks, while diners are put in charge of paying the waitstaff. So what happens if you eliminate tipping, raise menu prices, and redistribute the wealth? New York restaurant maverick Danny Meyer is about to find out.

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The junior U.S. Senator from New Jersey thinks bipartisanship is right around the corner. Is he just an idealistic newbie or does he see a way forward that everyone else has missed?

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Now and again, Freakonomics Radio puts hat in hand and asks listeners to donate to the public-radio station that produces the show. Why on earth should anyone pay good money for something that can be had for free? Here are a few reasons.

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