597. Why Do Your Eyeglasses Cost $1,000?
18 July 2024 - 54 minsA single company, EssilorLuxottica, owns so much of the eyewear industry that it’s hard to escape their gravitational pull — or their “obscene” markups. Should regulators do something? Can Warby Parker steal market share? And how did Ray-Bans become a luxury brand? (Part one of a two-part series.)
SOURCES:Neil Blumenthal, co-founder and co-CEO of Warby Parker.Dave Gilboa, co-founder and co-CEO of Warby Parker.Jessica Glasscock, fashion historian and lecturer at the Parsons School of Design.Neil Handley, curator of the British Optical Association Museum at the College of Optometrists.Ryan McDevitt, professor of economics at Duke University.Cédric Rossi, equity research analyst at Bryan Ga...
Series Episodes
636. Why Aren’t We Having More Babies?
For decades, the great fear was overpopulation. Now it’s the opposite. How did this happen — and what’s being done about it? (Part one of a three-part series, “Cradle to Grave.”)
50 mins
13 June Finished
An Economics Lesson from a Talking Pencil (Update)
A famous essay argues that “not a single person on the face of this earth” knows how to make a pencil. How true is that? In this 2016 episode, we looked at what pencil-making can teach us about global manufacturing — and the proper role of government in the economy.
39 mins
11 June Finished
635. Can a Museum Be the Conscience of a Nation?
Nicholas Cullinan, the new director of the British Museum, seems to think so. “I'm not afraid of the past,” he says — which means talking about looted objects, the basement storerooms, and the leaking roof. We take the guided tour.
50 mins
6 June Finished
634. “Fault-Finder Is a Minimum-Wage Job”
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, is less reserved than the average banker. He explains why vibes are overrated, why the Fed’s independence is non-negotiable, and why tariffs could bring the economy back to the Covid era.
1 hour 2 mins
30 May Finished
633. The Most Powerful People You’ve Never Heard Of
Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity. Javier Blas and Jack Farchy, the authors of "The World for Sale", help us shine a light on the shadowy realm of commodity traders.
1 hour 5 mins
23 May Finished
How to Succeed at Failing, Part 4: Extreme Resiliency (Update)
Everyone makes mistakes. How do we learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. (Part four of a four-part series.)
52 mins
21 May Finished
