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Freakonomics Radio

Fixing the World, Bang-for-the-Buck Edition (Rebroadcast)

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 24 December 2015

⏱️ 42 minutes

🧾️ Download transcript

Summary

A team of economists has been running the numbers on the U.N.'s development goals. They have a different view of how those billions of dollars should be spent.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey podcast listeners and happy holidays.

0:04.6

The episode you are about to hear, drawn from our archives, is called Fixing the World

0:10.2

Bang for the Buck Edition, and it's particularly relevant to this time of year when a lot of us

0:14.5

think about our charitable goals.

0:16.9

You'll hear how a bunch of economists have teamed up to measure the ROI or return on investment

0:22.8

for the development goals set by the United Nations.

0:25.7

In other words, if you only have $100 or in the case of the UN, maybe $100 billion, and

0:32.2

you're trying to fight something like global poverty, what's the best way to spend that

0:37.2

money?

0:38.2

What's the ROI on early education versus job training versus small business subsidies?

0:46.4

We do this kind of thing a lot here at Frekenomics Radio.

0:48.7

Try to measure the ROI on things that aren't so easy to measure.

0:52.4

So let me turn this around and ask you a question.

0:55.9

What is the ROI for you from Frekenomics Radio?

0:59.9

Does the time you spend listening to this show make your life in any way better, more pleasurable,

1:05.9

less bewildering?

1:08.1

If you believe it does, if the number you put on its value is anything at all north of

1:13.4

zero, well I hope then you will consider making a contribution to WNYC, the public radio

1:20.0

station here in New York that produces our show.

1:23.2

Just go to Frekenomics.com and hit the donate button.

1:26.8

Any and all contributions are appreciated, although you will find the rewards get better

1:31.4

as you climb the dollar ladder, Frekenomics Radio T-shirts and mugs, autographed books, things

...

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