331. Why the Trump Tax Cuts are Awesome/Terrible (Part 1)

Freakonomics Radio

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Documentary, Society & Culture

4.6 • 32K Ratings

🗓️ 12 April 2018

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kevin Hassett, chairman of the Council of Economic Advisers, explains the thinking behind the controversial new Republican tax package — and why its critics are wrong. (Next week, we'll hear from the critics.)

Transcript

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0:00.0	Before we get on with today's episode, here's a chance for you to participate in something
0:05.5	you've heard about in earlier episodes.
0:07.6	We've been following a project called Behavior Change for Good in which an all-star team
0:12.5	of social scientists is running experiments to find the best ways to improve outcomes
0:17.0	in health, education, and personal finance.
0:19.7	Their first big experiment is called Step Up.
0:22.3	It's meant to help people kickstart an exercise habit.
0:25.4	At last one month, participants will be nudged with text messages and incentivized with
0:30.6	Amazon cash.
0:32.2	The researchers are hoping to sign up a few hundred thousand participants.
0:35.4	Their partner in this is 24-hour fitness, which has more than 400 gyms in 13 states, if
0:41.2	you are a 24-hour fitness member and you want to sign up.
0:45.5	We've got a special link for you.
0:47.3	It's 24go.co-freeq.
0:48.8	Again, it's 24go.co-freeq.
0:55.6	If you participate in the experiment via that link, the researchers will be able to separate
1:00.4	their data into freaks and non-freaks and then we can report their findings.
1:06.0	If you want to check out the Behavior Change for Good project to make sure they're legit,
1:10.3	you can listen to our earlier episodes.
1:12.3	They're called How to Launch a Behavior Change Revolution and could solving this one problem
1:17.8	solve all the others.
1:19.5	Okay, thanks now onto today's episode.
	...

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