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People I (Mostly) Admire

3. Kerwin Charles: “One Does Not Know Where an Insight Will Come From”

People I (Mostly) Admire

Freakonomics Radio + Stitcher

Society & Culture

4.62K Ratings

🗓️ 17 January 2026

⏱️ 40 minutes

🧾️ Download transcript

Summary

The dean of Yale’s School of Management grew up in a small village in Guyana. During his unlikely journey, he has researched video-gaming habits, communicable disease, and why so many African-Americans haven’t had the kind of success he’s had. Steve Levitt talks to Charles about his parents’ encouragement, his love of Sports Illustrated, and how he talks to his American-born kids about the complicated history of Blackness in America. This episode originally aired on September 18th, 2020.

Transcript

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0:00.0

You are in fact talking to a black person who is the dean of the Yale School of Management.

0:10.0

That's a fact.

0:11.0

Who is your colleague at Chicago?

0:13.0

We have friends who are deans at similar places or prominent faculty at other places.

0:18.0

I can want.

0:20.0

But if one takes the African-American experience panoramically,

0:24.1

and one way is these obvious and undeniable,

0:28.4

asbest of success, with the bad things,

0:32.1

one would have to say that there are ways in which our hopes have been realized.

0:35.9

And there's a healthy dose of stuff that's pretty bad.

0:39.4

Disappointment and failure intermingled with success.

0:49.4

So Kerwin Charles is such an interesting character.

0:52.8

He's a top economist.

1:03.4

He's the dean of the Yale School of Management. And most interesting to me is he's done all this when he was born in a small town in Guyana.

1:09.3

Welcome to people I mostly admire with Steve Levitt.

1:17.3

Kerwin has a way of understanding that's not academic, but intuitive.

1:19.8

Somehow Kerwin can see what's important.

1:21.4

And that's what he does in his research.

1:26.8

He's studied things as varied as the black-white income and wealth gap and how video games might be the reason why young males are no longer working in the labor market

1:34.3

and how we beat tuberculosis.

1:36.3

And I have to say, of all the economists I know, I think Kuhin gives me the best advice.

1:46.5

It is such a pleasure to be talking today with Kerwin Charles, a good friend and a deep thinker

...

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