The Economics of Everyday Things – Details, episodes & analysis

Once considered noble and heroic, pigeons are now viewed as an urban nuisance — one that costs cities millions of dollars a year. Zachary Crockett tosses some crumbs.

• SOURCES:
  • Andrew Blechman, journalist and author.
  • David Champagne, owner of Bird Busters, Inc.

• RESOURCES:
  • "Racing Pigeon Sells For A Record-Breaking $1.9 Million At Auction," by Carlie Porterfield (Forbes, 2020).
  • "Feathers of Honor: U.S. Army Signal Corps Pigeon Service in World War I, 1917–1918," by Frank A. Blazich Jr. (Army History, 2020).
  • "Pigeon Wars," by Jon Mooallem (The New York Times, 2006).
  • Pigeons: The Fascinating Saga of the World's Most Revered and Reviled Bird, by Andrew Blechman (2004).
  • "Pigeons Have Magnets," by Charles Walcott, James L. Gould, and J. L. Kirschvink (Science, 1979).
  • "The Pigeon as a Quality-Control Inspector," by Thom Verhave (American Psychologist, 1966).

• EXTRAS:
  • "Freakonomics Radio Live: 'Jesus Could Have Been a Pigeon,'" by Freakonomics Radio (2018).

How do criminals turn their ill-gotten gains into taxable income? And how does law enforcement stop them? Zachary Crockett follows the money.

• SOURCES:
  • Patrick McKenzie, fraud prevention expert and strategic advisor at Stripe.
  • Kerry Myers, associate professor of instruction at the University of South Florida and former F.B.I. special agent.

• RESOURCES:
  • "National Assessments of Money Laundering Risks: Stumbling at the Start," by Joras Ferwerda and Peter Reuter (Risk Analysis, 2024).
  • "Hacker 'Washes' $25M in Stolen Crypto Through Magic: The Gathering Card Scheme," by Oliver Dale (Blockonomi, 2023).
  • "Money Spending or Money Laundering: The Fine Line between Legal and Illegal Financial Transactions," by Matthew R. Auten (Pace Law Review, 2013).
  • "HSBC to Pay $1.9bn in US Money Laundering Penalties" (BBC News, 2012).
  • "How a Big US Bank Laundered Billions From Mexico's Murderous Drug Gangs," by Ed Vulliamy (The Guardian, 2011).

• EXTRAS:
  • "Why Does One Tiny State Set the Rules for Everyone?" by Freakonomics Radio (2023).
  • "Kafkaesque," S3.E9 of Breaking Bad (2010).

Youth baseball — long a widely accessible American pastime — has become overrun by $10,000-per-year, for-profit travel leagues. Zachary Crockett peers inside the dugout.

• SOURCES:
  • Linda Flanagan, author.
  • Nick Mackenzie, future New York Yankees shortstop.
  • R.J. Mackenzie, physical education teacher and baseball dad.
  • John Miller, journalist and baseball coach.

• RESOURCES:
  • "The Cost of Youth Baseball Is Getting Absurd," by Adam Minter (Bloomberg, 2024).
  • "Perfect Game Sees Prosperity Thanks To New Investments In Youth Sports," by Wayne G. McDonnell, Jr. (Forbes, 2024).
  • "How America Sold Out Little League Baseball," by John W. Miller (America Magazine, 2022).
  • "In Youth Sports, Talent Helps but Money Rules," by Roman Stubbs (The Washington Post, 2022).
  • Take Back the Game: How Money and Mania Are Ruining Kids Sports and Why It Matters, by Linda Flanagan (2022).
  • "State of Youth Sports: Parents, Policymakers Better Appreciate Physical Activity, Face Barriers to Help Kids Play," by Jon Solomon (The Aspen Institute, 2022).

• EXTRA:
  • Take Back the Game: How Money and Mania Are Ruining Kids Sports and Why It Matters, by Linda Flanagan (2022).

Why do we use a specific kind of tree-bark tissue to seal up 70 percent of wine bottles? Zachary Crockett takes a sniff and gives the waiter a nod.

• SOURCES:
  • Carlos De Jesus, director of communications at Amorim Cork.

• RESOURCES:
  • "This Ancient Material Is Displacing Plastics and Creating a Billion-Dollar Industry," by Marta Vidal (The Washington Post, 2024).
  • "Troubled Times For Wine In 2023: Global Production And Consumption Shrinking," by Per and Britt Karlsson (Forbes, 2024).
  • "Three Studies Take A Look At Various Wine Bottle Closure Preferences," by Thomas Pellechia (Forbes, 2019).
  • "How Millennials (Almost) Killed the Wine Cork," by John Gifford (The Atlantic, 2016).

Grocery stores have turned shoppers into cashiers. Zachary Crockett runs two bags of chips and a Gatorade over the scanner.

• SOURCES:
  • Sara Alloy, experience retail lead for North America at Publicis Sapient.
  • Christopher Andrews, professor of sociology at Drew University.
  • Phil Lempert, founder and C.E.O. of SupermarketGuru.

• RESOURCES:
  • "Feeling Rewarded and Entitled to Be Served: Understanding the Influence of Self- Versus Regular Checkout on Customer Loyalty," by Farhana Nusrat and Yanliu Huang (Journal of Business Research, 2024).
  • "It’s Not Just You: Self-Checkout Is Awful. These Retailers Finally Agree," by Sarah Bregel (Fast Company, 2023).
  • "'I'm Banned From Walmart Over a Bag of Reese's,' Houston-Area Woman Says After Self-Checkout 'issue,'" by Matthew Seedorff (Fox26, 2023).
  • "Self-Checkout Is a Failed Experiment," by Amanda Mull (The Atlantic, 2023).
  • The Overworked Consumer: Self-Checkouts, Supermarkets, and the Do-It-Yourself Economy, by Christopher Andrews (2018).
  • "The Banana Trick and Other Acts of Self-Checkout Thievery," by Rene Chun (The Atlantic, 2018).
  • "Self-Service Checkouts Can Turn Customers Into Shoplifters, Study Says," by Christopher Mele (The New York Times, 2016).
  • "Check This Out: A Revolution in the Supermarket," by Daniel P. Puzo (Los Angeles Times, 1987).

• EXTRAS:
  • "How the Supermarket Helped America Win the Cold War," by Freakonomics Radio (2019).

Does anyone ever win the giant teddy bear? Zachary Crockett steps right up.

• SOURCES:
  • Matthew Gryczan, retired journalist and engineer.
  • Elliot Simmons, former carnival game worker.
  • Olivia Turner, general manager of Redbone Products.

• RESOURCES:
  • "AG Platkin Announces 10-Year Ban of Amusement Games Licenses and a Fine for Wildwood Games Operator," by the New Jersey Office of the Attorney General (2023).
  • "N.H. Man Loses Life Savings on Carnival Game," (C.B.S. News Boston, 2013).
  • "Carnival Games: Walking the Line Between Illegal Gambling and Amusement," by J. Royce Fichtner (Drake Law Review, 2012).
  • "Carnivals: Law Enforcement on the Midway," by Bruce Walstad (F.B.I. Law Enforcement Bulletin, 1997).
  • Carnival Secrets: How to Win at Carnival Games, Which Games to Avoid, How to Make Your Own Games, by Matthew Gryczan (1988).

With industries relying on them and profits to be made, weather forecasts are more precise and more popular than ever. But there are clouds on the horizon. Zachary Crockett grabs an umbrella.

• SOURCES:
  • Steve Adelman, head of Adelman Law Group, PLLC and vice president of the Event Safety Alliance.
  • Peter Neilley, director of weather forecasting sciences and technologies for The Weather Company.

• RESOURCES:
  • "Traders Have Turned Betting on the Weather, a Technique Pioneered by Enron, Into a Booming $25 Billion Market," by Dylan Sloan (Fortune, 2024).
  • "Why Your Weather Forecasts May Soon Become More Accurate," by Dan Stillman (The Washington Post, 2023).
  • "The High-Tech Race to Improve Weather Forecasting," (The Economist, 2023).
  • "Study: Climate Change Has Increased Atmospheric Instability Over Past 40 Years," by University at Albany (Phys.org, 2023).
  • "Beyoncé Concert In D.C. Suburb Highlights Complex Weather Challenges," by Marshall Shepherd (Forbes, 2023).
  • "Forecast Process," by the U.S. National Weather Service.

• EXTRAS:
  • "How Will We Handle the Heat?" by Freakonomics Radio (2022).
  • "The Folly of Prediction," by Freakonomics Radio (2011).

A fraternity’s budget includes broken windows, liability insurance, chili dog breakfasts, and the occasional $40,000 DJ. Zachary Crockett crashes the party.

• SOURCES:
  • Anthony Anderson, member of the Sigma Alpha Epsilon fraternity.
  • Danielle Logan, owner of Fraternity Management.
  • Charlie O’Neill, member of the Sigma Alpha Epsilon fraternity.
  • Stephen J. Schmidt, professor of economics at Union College.

• RESOURCES:
  • "If Student Deaths Won't Stop Fraternity Hazing, What Will?" by Ben Kesslen (NBC News, 2021).
  • "Social Animal House: The Economic And Academic Consequences Of Fraternity Membership," by Jack Mara, Lewis Davis, and Stephen Schmidt (Contemporary Economic Policy, 2018).
  • "How Fraternities Exacerbate Inequality," by Jillian Berman (MarketWatch, 2017).
  • "18 U.S. Presidents Were in College Fraternities," by Maria Konnikova (The Atlantic, 2014).
  • Inside Greek U.: Fraternities, Sororities, and the Pursuit of Pleasure, Power, and Prestige, by Alan D. DeSantis (2007).

• EXTRAS:
  • "Freakonomics Radio Goes Back to School," series by Freakonomics Radio (2022).

How does bail work — and who's really paying? Zachary Crockett follows the money.

• SOURCES:
  • Joshua Page, professor of sociology and law at the University of Minnesota.
  • Steven Zalewski, criminal defense attorney and co-owner of Affordable Bails New York.

• RESOURCES:
  • "Does Bail Reform Increase Crime in New York State: Evidence from Interrupted Time-Series Analyses and Synthetic Control Methods," by Sishi Wu and David McDowall (Justice Quarterly, 2023).
  • "Profit Over People: The Commercial Bail Industry Fueling America’s Cash Bail Systems," by Allie Preston and Rachael Eisenberg (Center for American Progress, 2022).
  • "All Profit, No Risk: How the Bail Industry Exploits the Legal System," by Wendy Sawyer (Prison Policy Initiative, 2022).
  • "A Debt of Care: Commercial Bail and the Gendered Logic of Criminal Justice Predation," by Joshua Page, Victoria Piehowski, and Joe Soss (RSF: The Russell Sage Foundation Journal of the Social Sciences, 2019).
  • "The Economics of Bail and Pretrial Detention," by Patrick Liu, Ryan Nunn, and Jay Shambaugh (The Hamilton Project, 2018).
  • "Selling Off Our Freedom: How Insurance Corporations Have Taken Over Our Bail System," by Color Of Change and ACLU’s Campaign for Smart Justice (2017).
  • "Inside the Wild, Shadowy, and Highly Lucrative Bail Industry," by Shane Bauer (Mother Jones, 2014).

• EXTRAS:
  • "To Catch a Fugitive," by Freakonomics Radio (2011).

So many vehicles on the road today are white, black, or gray — but automotive designers find that consumer preferences may be changing lanes. Zachary Crockett surveys the lot.

• SOURCES:
  • Tom Crockett, classic car enthusiast.
  • Mark Gutjahr, global head of design at BASF.
  • Nikkie Riedel, carline planning manager at Subaru of America.

• RESOURCES:
  • BASF Color Report 2023 for Automotive OEM Coatings.
  • "Beige on an S.U.V. Will Cost You, but for Pickups It’s Golden," by Roy Furchgott (The New York Times, 2021).
  • "A Brief History Of Car Colors — And Why Are We So Boring Now?" (Consumer Reports, 2018).
  • "The Link Between the Colour of Cars and the Economy," (The Economist, 2018).

• EXTRA:
  • "Car Washes," by The Economics of Everyday Things (2023).