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Freakonomics Radio

517. Are M.B.A.s to Blame for Wage Stagnation?

Freakonomics Radio

Freakonomics Radio + Stitcher

Society & Culture, Documentary

4.532.9K Ratings

🗓️ 6 October 2022

⏱️ 48 minutes

🧾️ Download transcript

Summary

New research finds that bosses who went to business school pay their workers less. So what are M.B.A. programs teaching — and should they stop?

Transcript

Click on a timestamp to play from that location

0:00.0

Hey there, it's Stephen Dupner.

0:05.4

Before we get to this episode, I'd like to say a couple words about another episode

0:08.9

we recently put out.

0:10.1

It was called Nuclear Power, isn't perfect, is it good enough?

0:13.6

At the end of that episode, we asked for your feedback and we received a lot of feedback

0:19.0

on both sides of the ledger.

0:21.6

The biggest complaint from the anti-nuclear listeners was that we didn't spend nearly

0:26.2

enough time talking about nuclear waste storage and safety.

0:30.7

Also they wanted to hear about how uranium is mined.

0:35.0

Some pro-nuclear listeners also wanted to know more about nuclear waste storage, but they

0:40.0

thought we should have pointed to the positive developments in that realm and how some radioactive

0:44.8

waste is now being recycled into fuel for further power generation.

0:49.8

And there was a lot more we could have said about newer nuclear technologies or even the

0:54.1

possibilities of generating electricity from nuclear fusion.

0:58.4

The fact is, we could have made two or three episodes on this topic and maybe we should

1:03.2

have, maybe we will.

1:05.2

To all of you who took the time to let us know where we could have done better, thank you.

1:10.5

We love your high standards and we try to live up to them.

1:13.8

As always, thanks for listening, but thanks especially for letting us know what you were

1:18.4

thinking while you listened.

1:20.5

And now on to today's episode.

1:28.4

Many of my students and many of my friends teach at business schools and the reaction I

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