666. This Is How Progress Happens
Freakonomics Radio
Freakonomics Radio + Stitcher
4.5 • 32.8K Ratings
🗓️ 6 March 2026
⏱️ 53 minutes
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| 0:00.0 | I am sometimes surprised at how quickly we humans habituate to progress. |
| 0:08.6 | We're given something wonderful and we immediately want more of it and complain that we don't get it quickly or cheaper. |
| 0:16.7 | How do you think about it? |
| 0:17.7 | Well, as an economic historian, I think it is my mission to tell people how good they have it. |
| 0:25.2 | The good old days may have been old, but they weren't good. |
| 0:28.3 | They were terrible. |
| 0:31.3 | Joel Mokir is a professor at Northwestern University who recently won the Nobel Prize in Economics, along with Philippe Aguillae and Peter Howitt. |
| 0:40.6 | Mokir was awarded the prize for having, quote, identified the prerequisites for sustained growth through technological progress. |
| 0:47.8 | It is quite clear that progress is driven by a very small proportion of the population. |
| 0:54.6 | I would say something around maybe two, two and a half, maybe three percent of the labor force |
| 1:00.1 | are driving all the progress. |
| 1:02.6 | And what exactly do those two or three percent do? |
| 1:05.6 | These people change culture quite drastically. |
| 1:09.4 | Wait a minute. |
| 1:10.2 | Is Mokir saying that technological progress is |
| 1:13.2 | driven by culture? That is not the story a typical economist would tell us, but as you will hear |
| 1:20.1 | today, Mokir rarely sounds like a typical economist. It's one of the great unforced errors in history. |
| 1:27.7 | I mean, what we are doing is |
| 1:29.1 | absurd. Today, on |
| 1:31.3 | Freakonomics Radio, tips from |
| 1:33.3 | a Nobel laureate and |
| 1:35.2 | a new way to tell the old story |
... |
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