Farewell to Freakonomics
On this episode of The Time of Monsters, Marshall Steinbaum on economics as a toxic discipline.
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Farewell to Freakonomics | Time of Monsters with Jeet Heer
On this episode of The Time of Monsters, Marshall Steinbaum on economics as a toxic discipline.
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Steven D. Levitt, best known for cowriting the best-selling 2005 book Freakonomics, is retiring from the University of Chicago with a bang. On the Capitalism and Freedom podcast, Levitt gave a farewell interview where he detailed many internecine feuds in the discipline and examples of toxic abuse, with particular focus on his long-time colleague and nemesis James Heckman.
The economist Marshall Steinbaum, a University of Chicago graduate who now teaches at the University of Utah, returns to The Time of Monsters to elucidate not just the Levitt/Heckman spat but also the question of why economics is a notoriously toxic discipline, how economics has changed over the decade,s rendering both Levitt and Heckman anachronistic, and the recent backlash against anti-racist politics in the discipline.
To supplement the article, listeners can read: Noah Scheiber’s 2007 article on the intellectual origins of Freakonomics, Marshall Steinbaum’s 2020 post about racism in the University of Chicago economic department, and a recent Bloomberg story on racism and sexism in economics.
The Nation Podcasts
Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
Bombing Iran Won’t Help the Protesters, with Annelle Sheline | The Time of Monsters with Jeet Heer
Iran is facing upheavals at home and abroad. For more than two decades, the Islamic Republic has faced waves of protests from citizens demanding a more democratic society. Over the past two weeks, these protests have erupted with a new ferocity and are being met with violent repression. Meanwhile, the Israeli government is pushing the United States to renew bombing Iran, a military objective now being given the guise of a humanitarian mission. To discuss the turmoil in Iran and place it in the larger context of regional instability and competing visions of the future of the Middle East, I spoke with Annelle Sheline, a research fellow at The Quincy Institute who studies the region, in this special Friday edition of the podcast.
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