Freakonomics Radio
Freakonomics Radio + Stitcher
Is Macy’s Thanksgiving Parade Its Most Valuable Asset? (Update)
About This Episode
The iconic department store calls the parade its “gift to the nation.” With 30 million TV viewers, it’s also a big moneymaker — at least we think it is: when it comes to parade economics, Macy’s is famously tight-lipped. In this 2024 episode, we try to loosen them up. (Part one of a two-part series.)
- SOURCES:
- John Cheney, carpenter at Macy’s Studios.
- Will Coss, vice president and executive producer of Macy’s Studios.
- Jeff Kinney, author, cartoonist, and owner of An Unlikely Story Bookstore and Café.
- Kevin Lynch, vice president of global helium at Messer.
- Jen Neal, executive vice president of live events and specials for NBCUniversal Entertainment.
- Tony Spring, chairman and C.E.O. of Macy’s Inc.
- Jessica Tisch, New York City police commissioner, former commissioner of the New York City Department of Sanitation.
- Dawn Tolson, executive director of Citywide Event Coordination and Management and the Street Activity Permit Office for the City of New York.
- RESOURCES:
- Macy’s: The Store. The Star. The Story., by Robert M. Grippo (2009).
- History of Macy’s of New York, 1853-1919: Chapters in the Evolution of the Department Store, by Ralph M. Hower (1943).
- Macy’s Thanksgiving Day Parade.
- EXTRAS:
- "Helium," by The Economics of Everyday Things (2024).
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Listen to Freakonomics Radio in Podtastic
Podcast Listening Magic
More Episodes
670. Beeconomics 101
In this episode of Freakonomics Radio, guest host Steve Levitt explores the complex and often murky world of the honeybee industry. The discussion begins with the challenges faced by commercial beekeepers, who are struggling despite a significant rise in domestic honey consumption and retail prices. While beekeepers work tirelessly to manage thousands of hives for both honey production and vital agricultural pollination, they face a shrinking profit margin due to the influx of cheap, often fraudulent, imported honey. The episode examines the pervasive issue of honey fraud, where manufacturers blend authentic honey with low-cost syrups, often circumventing international trade regulations through transshipment tactics. Experts in food law explain how a lack of official standards of identity for honey in the United States makes it difficult for regulators to crack down on these deceptive practices. Furthermore, the discussion touches on the broader ecological implications of this economic struggle. As domestic beekeepers face economic hardship and rising hive losses, the essential service of pollination remains at risk, highlighting the interconnectedness of food markets, regulatory policy, and the survival of the honeybee population.
Ten Myths About the U.S. Tax System (Update)
In this episode of Freakonomics Radio, host Steven Dubner sits down with economist Jessica Riedel to dismantle the most pervasive myths surrounding the United States tax system. Drawing from her extensive experience as a policy expert at the Manhattan Institute and the Brookings Institution, Riedel argues that both political parties frequently rely on flawed economic narratives to appeal to their bases. She critiques the conservative fantasy that tax cuts always pay for themselves or force spending cuts, as well as the progressive narrative that taxing the wealthy and corporations could single-handedly solve the national debt crisis. Riedel systematically walks through ten common tax myths, clarifying, for instance, that the U.S. actually possesses one of the most progressive tax systems in the OECD. She explains that much of the public’s confusion stems from politicians using creative accounting and dishonest framing to promise voters a free lunch. The conversation also touches on Riedel’s transition from an influential budget advisor to a public voice for pragmatic, nonpartisan economic truth. Ultimately, the episode serves as a sober reality check on the scale of the federal deficit and the political challenges of meaningful fiscal reform.
662. If You’re Not Cheating, You’re Not Trying
Why Don’t Running Backs Get Paid Anymore? (Update)
661. Can A.I. Save Your Life?
660. The Wellness Industry Is Gigantic — and Mostly Wrong
Steve Levitt Quits His Podcast, Joins Ours
659. Can Marty Makary Fix the F.D.A.?
658. This Is Your Brain on Supplements
Are Personal Finance Gurus Giving You Bad Advice? (Update)
Related Podcasts
All podcast names and trademarks are the property of their respective owners. Podcasts listed on Podtastic are publicly available shows distributed via RSS. Podtastic does not endorse nor is endorsed by any podcast or podcast creator listed in this directory.