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The Economics of Everyday Things

42. Cemeteries

The Economics of Everyday Things

Freakonomics Network

Business

4.81.6K Ratings

🗓️ 25 May 2026

⏱️ 19 minutes

🧾️ Download transcript

Summary

The verdant lawns promise everlasting rest — but what does it mean to sign a lease for all eternity? Zachary Crockett finds out where the bodies are buried. This episode was originally published on March 31st, 2024.

Transcript

Click on a timestamp to play from that location

0:00.0

In the city of Oakland, California, you'll find one of America's most scenic cemeteries.

0:11.2

Perched in the hills, it has unobstructed views of the Golden Gate Bridge and the San Francisco

0:15.8

Bay. These 226 acres of prime real estate are occupied by the remains of titans of industry,

0:24.2

like the founders of Folgers Coffee and Girideli Chocolate.

0:28.0

And if you want to join them, six feet under, it'll cost you dearly.

0:33.3

You might pay as much as $50,000 for a premium plot.

0:40.5

Jeff Lindemann is the CEO of Mountain View Cemetery.

0:44.8

You might not think of cemeteries as having CEOs,

0:47.9

but they're a $3 billion industry in the U.S.

0:51.4

And there's a lot riding on them making money

0:54.1

because they've made an eternal promise

0:57.0

to the people buried there.

0:58.9

When we sell a plot crypto niche,

1:02.9

the idea is that you put enough money away in the trust fund

1:09.2

so that over time you can care for the cemetery forever.

1:15.0

When you're selling a finite resource, though, the word forever can be a bit tricky.

1:25.1

It's really kind of greedy, you know, from a land use perspective to say a person who died is going to occupy this couple square feet of real estate forever, forever, and we're never, ever, ever going to change it.

1:42.2

For the Freakonomics Radio Network, this is the economics of everyday things.

1:47.0

I'm Zachary Crockett.

1:48.5

Today, cemeteries.

1:51.4

For most of human history, we didn't bury our deceased in the ground.

1:55.6

When our oldest ancestors died, they were often left in caves, burned, or pushed out to sea. The modern practice of

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