4.8 • 1.2K Ratings
🗓️ 26 February 2024
⏱️ 18 minutes
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0:00.0 | All right, let's see what we got here. |
0:07.0 | That's me, partaking in a great American ritual, a daily trip to the mailbox. At least it used to be a great ritual. |
0:19.9 | All right, I have what looks like a bill here, but it's just a car insurance offer. |
0:29.1 | We have some coupons, Smart and Final, Safeway, Door Dash. |
0:35.0 | I have a credit card offer here, and this one's printed to look like it's handwritten on a piece of binder paper, but it's just a guy trying to replace my windows. |
0:48.0 | This stuff, the people who send it call it direct mail. |
0:55.0 | Those of us who receive it call it junk mail. |
0:58.0 | And my mailbox isn't the only ones stuffed with it. |
1:01.0 | By one estimate, the average American receives around 41 pounds of junk mail each year. |
1:08.0 | In an age of digital ads and email inboxes, |
1:11.0 | you may wonder why we still get bombarded with paper advertisements that most of the time |
1:16.1 | go straight into the recycling bin. Well, for starters, it works. |
1:21.5 | The faux checks, maybe the official envelope that looks like it's a tax document. |
1:28.2 | They're very inexpensive and those work really, really well. But there's another reason. The Postal Service has an |
1:36.8 | interest in delivering us as much junk mail as possible. |
1:43.0 | The direct mail industry, one of the things they like to say is that they basically pay the USPS's bills. |
1:51.0 | For the Freak economicsics Radio Network, |
1:53.6 | this is the economics of everyday things. |
1:56.5 | I'm Zachary Krakett. |
1:58.2 | Today, junk mail. |
2:00.9 | If you're listening to this at home and you have this vague perception that there's more junk mail now than there was when you were a kid, you're probably right. |
2:09.0 | That's Aaron Gordon. He's a journalist who has spent a lot of time |
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