Farewell to Freakonomics
On this episode of The Time of Monsters, Marshall Steinbaum on economics as a toxic discipline.
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.
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.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
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.
Trump is Using Terrorist Charges to Wage Political War w/ Josh Kovensky | The Time of Monsters with Jeet Heer
Over at Talking Points Memo, Josh Kovensky has written an essay on the Trump
administration’s use of anti-terrorism law to target political groups it doesn’t like.
In that piece, Kovensky notes,
"Across the country, federal prosecutors are upgrading what would have been routine
prosecutions into terrorism cases when they involve people President Trump has cast as his
political enemies.
It represents a dramatic departure from how the Justice Department has historically used the
federal material support for terrorism statute. For decades, counterterrorism prosecutors have
largely reserved the statute — 2339A — for the kinds of audacious plots that wreak real, lasting
damage or whose ambition forms the stuff of movie screenplays."
I spoke to Kovensky about his essay and the history and politics of this dangerous legal
innovation.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
Search Results placeholder
Subscribe to The Nation to Support all of our podcasts
Your support makes stories like this possible
From Minneapolis to Venezuela, from Gaza to Washington, DC, this is a time of staggering chaos, cruelty, and violence.
Unlike other publications that parrot the views of authoritarians, billionaires, and corporations, The Nation publishes stories that hold the powerful to account and center the communities too often denied a voice in the national media—stories like the one you’ve just read.
Each day, our journalism cuts through lies and distortions, contextualizes the developments reshaping politics around the globe, and advances progressive ideas that oxygenate our movements and instigate change in the halls of power.
This independent journalism is only possible with the support of our readers. If you want to see more urgent coverage like this, please donate to The Nation today.
