The Freakonomics Radio Book Club

The economist and social critic Glenn Loury has led a remarkably turbulent life, both professionally and personally. In a new memoir, he has chosen to reveal just about everything. Why?

• SOURCE:
  • Glenn Loury, professor of economics at Brown University and host of The Glenn Show.

• RESOURCES:
  • Late Admissions: Confessions of a Black Conservative, by Glenn Loury (2024).
  • "Amy Wax – The DEI Witch Hunt at Penn Law," by Glenn Loury (The Glenn Show, 2024).
  • "The Conservative Line on Race," by Glenn Loury (The Atlantic, 1997).
  • "Will Affirmative-Action Policies Eliminate Negative Stereotypes?" by Stephen Coate and Glenn Loury (The American Economic Review, 1993).

• EXTRAS:
  • "Roland Fryer Refuses to Lie to Black America," by Freakonomics Radio (2022).
  • "How Much Does Discrimination Hurt the Economy?" by Freakonomics Radio (2021).
  • "The Pros and Cons of Reparations," by Freakonomics Radio (2020).

From politics and economics to psychology and the arts, many of the modern ideas we take for granted emerged a century ago from a single European capital. In this episode of the Freakonomics Radio Book Club, the historian Richard Cockett explores all those ideas — and how the arrival of fascism can ruin in a few years what took generations to build.

• SOURCE:
  • Richard Cockett, author and senior editor at The Economist.

• RESOURCES:
  • Vienna: How the City of Ideas Created the Modern World, by Richard Cockett (2023).
  • "Birth, Death and Shopping," (The Economist, 2007).
  • The Hidden Persuaders, by Vance Packard (1957).
  • "An Economist's View of 'Planning,'" by Henry Hazlitt (The New York Times, 1944).
  • The World of Yesterday: Memoires of a European, by Stefan Zweig (1942).

• EXTRA:
  • "Arnold Schwarzenegger Has Some Advice for You," by People I (Mostly) Admire (2024).

Nobel laureate, bestselling author, and groundbreaking psychologist Daniel Kahneman died in March. In 2021 he talked with Steve Levitt — his friend and former business partner — about his book Noise: A Flaw in Human Judgment (cowritten with Olivier Sibony and Cass Sunstein) and much more.

• SOURCES:
  • Daniel Kahneman, professor emeritus of psychology and public affairs at Princeton University.

• RESOURCES:
  • Noise: A Flaw in Human Judgment, by Olivier Sibony, Daniel Kahneman, and Cass R. Sunstein (2021).
  • Thinking, Fast and Slow, by Daniel Kahneman (2011).

• EXTRAS:
  • "What’s the Secret to Making a Great Prediction?" by No Stupid Questions (2021).
  • "The Men Who Started a Thinking Revolution," by Freakonomics Radio (2017).
  • "How to Be Less Terrible at Predicting the Future," by Freakonomics Radio (2016).

Fareed Zakaria says yes. But it’s not just political revolution — it’s economic, technological, even emotional. He doesn’t offer easy solutions but he does offer some hope.

• SOURCES:
  • Fareed Zakaria, journalist and author.

• RESOURCES:
  • Age of Revolutions: Progress and Backlash from 1600 to the Present, by Fareed Zakaria (2024).
  • "The Ultimate Election Year: All the Elections Around the World in 2024," by Koh Ewe (TIME, 2023).
  • "The Tea Party and the Remaking of Republican Conservatism," by Vanessa Williamson, Theda Skocpol, and John Coggin (Perspectives on Politics, 2011).
  • The Post-American World, by Fareed Zakaria (2008).
  • The Future of Freedom: Illiberal Democracy at Home and Abroad, by Fareed Zakaria (2003).

• EXTRAS:
  • "Is the U.S. Really Less Corrupt Than China?" by Freakonomics Radio (2021).

Lewis got incredible access to Sam Bankman-Fried, the billionaire behind the spectacular FTX fraud. His book is a bestseller, but some critics say he went too easy on S.B.F. Lewis tells us why the critics are wrong — and what it’s like to watch your book get turned into a courtroom drama.

• SOURCES:
  • Michael Lewis, author.

• RESOURCES:
  • Going Infinite: The Rise and Fall of a New Tycoon, by Michael Lewis (2023).
  • "Column: In Michael Lewis, Sam Bankman-Fried Found His Last and Most Willing Victim," by Michael Hiltzik (Los Angeles Times, 2023).
  • "Even Michael Lewis Can’t Make a Hero Out of Sam Bankman-Fried," by Jennifer Szalai (The New York Times, 2023).
  • "Michael Lewis Goes Close on Sam Bankman-Fried — Maybe Too Close," by James Ledbetter (The Washington Post, 2023).
  • "What You Won’t Learn From Michael Lewis’ Book on FTX Could Fill Another Book," by Julia M. Klein (Los Angeles Times, 2023).
  • "Michael Lewis’s Big Contrarian Bet," by Gideon Lewis-Kraus (The New Yorker, 2023).
  • "He-Said, They-Said," by John Lanchester (London Review of Books, 2023).
  • "Downfall of the Crypto King," by Jesse Armstrong (The Times Literary Supplement, 2023).
  • "FTX Debtors vs. Joseph Bankman and Barbara Fried," in the United States Bankruptcy Court for the District of Delaware (2023).
  • Federal Prosecution of Election Offenses: Eighth Edition, by Richard C. Pilger (2017).
  • "Pay Candidates to Drop Out? That Should Be Legal," by Stephen L. Carter (Bloomberg, 2016).
  • "The History of the Term 'Effective Altruism,'" by William MacAskill (Effective Altruism Forum, 2014).

• EXTRAS:
  • "Is This 'The Worst Job in Corporate America' — or Maybe the Best?" by Freakonomics Radio (2023).
  • "A Million-Year View on Morality," by People I (Mostly) Admire (2022).
  • “Did Michael Lewis Just Get Lucky with 'Moneyball'?” by Freakonomics Radio (2022).

In her new book The Two-Parent Privilege, the economist Melissa Kearney says it’s time for liberals to face the facts: U.S. marriage rates have plummeted but the babies keep coming, and the U.S. now leads the world in single-parent households. Plus: our friends at Atlas Obscura explore just how many parents a kid can have.

The economist Amy Finkelstein explains why insurance markets are broken and how to fix them. Also: why can’t you buy divorce insurance?

And with her book "Salt, Fat, Acid, Heat," she succeeded. Now she's not so sure how to feel about all the attention. 

No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle. In this installment of the Freakonomics Radio Book Club, we revisit the book that launched the analytics revolution.

It used to be at the center of our conversations about politics and society. Scott Hershovitz is the author of Nasty, Brutish, and Short, in which he argues that philosophy still has a lot to say about work, justice, and parenthood.