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Freakonomics Radio

95. Why America’s Economic Growth May Be (Shh!) Over

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 3 October 2012

⏱️ 6 minutes

🧾️ Download transcript

Summary

Sure, we love our computers and all the rest of our digital toys. But when it comes to real economic gains, can we ever match old-school innovations like the automobile and electricity?

Transcript

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0:00.0

From APM, American Public Media, and WNYC.

0:07.0

This is Freakonomics Radio on Marketplace.

0:11.0

Here's the host of Marketplace, Kyra's Doll.

0:16.0

Time now for a little bit of Freakonomics Radio that moment in the broadcast every couple

0:20.0

of weeks where we talk to Steven Dubner, the co-author of the books and the blog of the same name.

0:24.0

It is the Hidden Side O Everything.

0:27.0

Welcome back, man. I'm Istio.

0:29.0

I'm Istio Tukai. Thanks for having me.

0:31.0

I'm guessing you're going to be in front of your TV tonight for the debate?

0:34.0

I am. Yes, of course. I am.

0:36.0

In point of fact, also live tweeting and it's on Marketplace.org, so if you're lonely, you know where you can go.

0:40.0

Very good. The focus of this first presidential debate as you know is domestic policy.

0:44.0

So I'm assuming we're going to hear an awful lot about the economy.

0:48.0

One would certainly hope, right? I mean, that's what we're waiting for.

0:50.0

For these two men, who want to be the most powerful men in the world to help us fix the American economy, right?

0:55.0

So Kai, let me say two things about this.

0:57.0

The first...

0:58.0

Oh, go ahead.

0:59.0

I've seen that.

1:00.0

Which I have said on your program before, and I probably will again, is that the US president has much less influence over the economy than we actually see.

1:07.0

Yeah, but we have to pretend.

1:08.0

We have to pretend.

...

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