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.
The Living Legacy of Norman Podhoretz w/ David Klion and Ronnie Grinberg | The Time of Monsters with Jeet Heer
Norman Podhoretz, one of the founding fathers of neoconservatism, died on December 16 at
age 95. His legacy is a complex one, since in recent decades neoconservatism has been
supplanted in many ways by American First conservatism. But many aspects of Podhoretz’s
influence still play a shaping role on right. I take up Podhoretz’s career with David Klion (who
wrote an obituary for the pundit for The Nation) and the historian Ronnie Grinberg, who had
discussed Podhoretz in her book Write Like a Man.
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