The Economics of Everyday Things: T. rex Skeletons

People I (Mostly) Admire

Freakonomics Radio + Stitcher

Society & Culture

4.6 • 1.9K Ratings

🗓️ 1 July 2023

⏱️ 19 minutes

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Summary

In the newest show from the Freakonomics Radio Network, host Zachary Crockett explores the hidden side of the things around us. This week: How do dinosaur bones emerge from the Upper Cretaceous period to end up in natural-history museums and private collections?

Transcript

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0:00.0	Hey there, people I mostly admire listeners.
0:06.8	My name is Zachary Crockett, I'm the host of a new podcast from the Freakonomics Radio
0:12.0	Network.
0:13.0	It's called the economics of everyday things.
0:16.5	Each episode explores the hidden side of the things around us.
0:20.4	We tackle questions like how much to sports teams spend on mascots, and what do zoos
0:25.5	do with animal urine?
0:27.4	I'm obsessed with questions like those, and I hope you find the answers as surprising
0:32.1	as I do.
0:33.6	We want to share with you an episode that we recently did about T-Rex Skeletons.
0:38.3	Hope you enjoy it.
0:44.0	In October of 2020, there was a hotly anticipated auction at Christie's in New York City.
0:50.2	It included paintings from some of history's most venerated artists.
0:54.6	Picasso, Rothko, Cezanne.
0:57.8	But the lot that fetched the highest price was not a painting.
1:01.8	Lot number 59.
1:03.6	Really?
1:04.6	27.
1:05.6	We're all waiting with baited breath, $27,100,000.
1:10.6	We've come this far.
1:14.8	Okay.
1:15.8	$27,500,000.
	...

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