130. Why Family and Business Don’t Mix

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.6 • 32K Ratings

🗓️ 12 June 2013

⏱️ 6 minutes

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Summary

Yet another reason to blame your parents for pretty much everything.

Transcript

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0:00.0	From APM, American Public Media, and WNYC.
0:07.0	This is Freakonomics Radio on Marketplace.
0:11.0	Here's the host of Marketplace, Kyra's Doll.
0:16.0	Time now for a little bit of Freakonomics Radio that moment in the broadcast every couple of weeks
0:20.0	where we talk to Steven Dubner, the co-author of the books and the blog of the same name.
0:24.0	It is altogether now the hidden side of everything.
0:27.0	Dubner, how are you?
0:28.0	I'm doing great. I have about you.
0:30.0	I'm good. I'm good.
0:31.0	Hey, let me ask you this. If I were to ask you to name, let's say, the most influential institution in society.
0:38.0	What would you say, I'm curious?
0:39.0	Marketplace and American Public Media, dude.
0:42.0	Barnet.
0:43.0	Excellent guesses.
0:44.0	Let me suggest a different one.
0:46.0	The family.
0:47.0	Yes.
0:48.0	The family.
0:49.0	Now, we all know that our families shape each of us.
0:51.0	We also know that family differs a lot from culture to culture.
0:54.0	So, a couple of economists decided to analyze how our family ties affect economic outcomes around the world.
1:01.0	Here's Paola Giuliano at the UCLA Anderson School of Management.
	...

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