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Freakonomics Radio

The Economist’s Guide to Parenting: 10 Years Later (Ep. 479 Replay)

Freakonomics Radio

Freakonomics Radio + Stitcher

Society & Culture, Documentary

4.532.9K Ratings

🗓️ 14 July 2022

⏱️ 51 minutes

🧾️ Download transcript

Summary

In one of the earliest Freakonomics Radio episodes, we asked a bunch of economists with young kids how they approached child-rearing. Now the kids are old enough to talk — and they have a lot to say. We hear about nature vs. nurture, capitalism vs. Marxism, and why you don’t tell your friends that your father is an economist.

Transcript

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0:00.0

Hey there, it's Stephen Dubner.

0:05.6

This week we are revisiting one of our favorite and most popular episodes from last year.

0:10.2

It's called The Economists Guide to Parenting 10 Years Later.

0:14.2

Hope you enjoy.

0:21.9

In the first Frekenomics book that Steve Levit and I wrote, there was one chapter called

0:26.3

What Makes A Perfect Parent.

0:29.0

We put forward a collage of data suggesting that much of what modern parents do or are

0:34.7

encouraged to do probably doesn't matter all that much.

0:38.9

Especially when it comes to what you might call obsessive parenting, trying to maximize

0:43.1

your child's potential.

0:44.8

With an abundance of culture cramming and extracurricular activities, there might be a strong

0:51.5

correlation between obsessive parents and successful kids, but it's not necessarily

0:57.6

a causal relationship.

0:59.5

In other words, the kind of parent, most likely to parent obsessively, was also likely to

1:05.9

have bestowed upon their kids some even more powerful tools.

1:10.4

A high IQ, for instance, or a strong work ethic.

1:14.9

A few years after that first Frekenomics book, right when I started this podcast, we

1:19.8

did an episode called The Economists Guide to Parenting.

1:24.7

We interviewed a variety of economist parents to see how they approached the task.

1:30.4

The results were predictably nerdy from the very beginning of parenthood.

1:37.0

We approached getting pregnant like any other project we've done to preparing their kids

1:42.3

for the real world.

...

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