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The Economics of Everyday Things

Freakonomics Network & Zachary Crockett
The Economics of Everyday Things
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  • 89. Locksmiths
    The ability to get into any home, car, or safe can be lucrative — but fixing locks is a tough business. Zachary Crockett gets the key information. SOURCES:Wayne Winton, owner of Tri-County Locksmith Service.Philip Mortillaro Sr., co-owner of Greenwich Locksmiths.Philip Mortillaro Jr., co-owner of Greenwich Locksmiths. RESOURCES:"Tools of the Trade," by Tim O'Leary (Locksmith Ledger International, 2022)."KeyMe Plans To Use New $35 Million Funding Round To Build 10,000+ Retail Locations," by Marley Coyne (Forbes, 2020).Tri-County Locksmith Service.Greenwich Locksmiths. EXTRAS:LockPickingLawyer Youtube Channel. 
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  • 88. Fortune Cookies
    Those tiny treats that predict your future may come free at the end of a Chinese meal, but they’re big business (and not Chinese). Zachary Crockett will go on a long journey. SOURCES: Jennifer 8. Lee, documentarian and author of The Fortune Cookie Chronicles.Norman Wong, C.E.O. of Wonton Food. RESOURCES: "Canadian Influencer’s Amazement at Absence of Fortune Cookies in China Restaurants Triggers Amusing Online Discussion About Origins of Snack," by Yating Yang (South China Morning Post, 2024)."Fortune Cookies: They’re Japan’s Best-Kept Secret!" by Thalia Harris (Sakuraco, 2023)."What I Learned Eating at 8,000 Chinese Restaurants," by Zhaoyin Feng (BBC News, 2021).The Fortune Cookie Chronicles, by Jennifer 8. Lee (2008)."Lottery Winners Find Good Fortune in Cookies," (NBC News, 2005). EXTRAS: "Girl Scout Cookies," by The Economics of Everyday Things (2023).
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  • 87. Ski Areas
    When you hit the slopes, you might not be thinking about water rights, controlled avalanches, and liability insurance — but someone has to. Zachary Crockett shreds the pow.  SOURCES:Andrew Gast, general manager of Mt. Ashland Ski Area.Rob Goodell, chief operating officer at Loveland Ski Area. RESOURCES:"State of the U.S. Ski Industry" (National Ski Areas Association, 2024)."U.S. Ski Resorts in Operation During 2023/24 Season" (National Ski Areas Association, 2024)."Snowmaking 101" (Snow State).Loveland Ski Area.Mt. Ashland Ski Area. EXTRAS:"What it Takes to Run a Nonprofit Ski Hill," by Lily Ritter (Ski, 2020).
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  • 86. Toothpaste
    We reach for it twice a day — without thinking about the decades of research and engineering that went into that squeezable tube of minty goo. Zachary Crockett extracts the last bit. SOURCES:Stephan Habif, chief technology officer at Colgate-Palmolive.Sergio Leite, global head of Oral Care R&D at Colgate-Palmolive.Peter Miskell, professor of international business history at the University of Reading. EXTRAS:"History of Toothpaste" (Delta Dental of Arkansas, 2019)."Cavity Protection or Cosmetic Perfection? Innovation and Marketing of Toothpaste Brands in the United States and Western Europe, 1955–1985," by Peter Miskell (Business History Review, 2011). RESOURCES:"9,000-Year-Old Dentistry," by WIRED Staff (WIRED, 2006).
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  • 85. Executive Recruiters
    When a Fortune 500 company needs a new leader, it turns to a well-connected headhunter who assesses candidates with psychological tests and mock TV interviews. Zachary Crockett activates his network.   SOURCES:Julian Ha, partner at the executive recruiting firm Heidrick & Struggles.Jane Stevenson, global vice chair of board and CEO services at Korn Ferry. RESOURCES:"The Transformation of the CEO," by Stephen Langton, Rusty O'Kelley, Laura Sanderson, and Sean Roberts (Russell Reynolds Associates, 2024)."Executive Paywatch" (AFL-CIO, 2023)."Diversity matters even more: The case for holistic impact," by Dame Vivian Hunt, Sundiatu Dixon-Fyle, Celia Huber, María del Mar Martínez Márquez, Sara Prince, and Ashley Thomas (McKinsey & Company, 2023)."CEO Tenure Rates," by Joyce Chen (Harvard Law School Forum on Corporate Governenance, 2023)."Best Industries to Recruit for in the US" (Precision Global Consulting).
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About The Economics of Everyday Things

Who decides which snacks are in your office’s vending machine? How much is a suburban elm tree worth, and to whom? How did Girl Scout Cookies become a billion-dollar business? In bite-sized episodes, journalist Zachary Crockett looks at quotidian things and finds amazing stories. To get every show in the Freakonomics Radio Network without ads and a monthly bonus episode of Freakonomics Radio, start a free trial for SiriusXM Podcasts+ on Apple Podcasts or by visiting siriusxm.com/podcastsplus.
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