654. Is the Public Ready for Private Equity?
21 November - 1 hour 3 minsA Trump executive order is giving retail investors more access to private markets. Is that a golden opportunity — or fool’s gold?
SOURCES:Elisabeth de Fontenay, professor of law at Duke University.Steven Kaplan, professor of entrepreneurship and finance at the University of Chicago.
RESOURCES:"Democratizing Access to Alternative Assets for 401(k) Investors," (The White House, 2025)."The (Heterogeneous) Economic Effects of Private Equity Buyouts," by Steven J. Davis, John Haltiwanger, Kyle Handley, Ben Lipsius, Josh Lerner, and Javier Miranda (Management Science, 2025)."Risk-Adjusted Returns of Private Equity Funds: A New Approach," by Arthur G. Korteweg and Stefan Nagel (The Review of...
Series Episodes
653. Does Horse Racing Have a Future?
Thoroughbred auction prices keep setting records. But tracks are closing, gambling revenues are falling, and the sport is increasingly reliant on subsidies. Is that the kind of long shot anybody wants? (Part three of a series, “The Horse Is Us.”)
1 hour 1 min
14 November Finished
What Happens When You Turn 20
The world has changed a good bit since "Freakonomics" was first published. In this live anniversary episode, Stephen Dubner tells Geoff Bennett of "PBS NewsHour" everything he has learned since then. Happy birthday, "Freakonomics."
1 hour 2 mins
12 November Finished
652. Inside the Horse-Industrial Complex
How does Kentucky keep itself atop the thoroughbred industry? Is a champion stallion really worth $200,000 per date? And how many hands can one jockey have? (Part two of a series, “The Horse Is Us.”)
1 hour
7 November Finished
651. The Ultimate Dance Partner
For most of human history, horsepower made the world go. Then came the machines. So why are there still seven million horses in America? (Part one of a series, “The Horse Is Us.”)
1 hour 8 mins
31 October Finished
Are Two C.E.O.s Better Than One? (Update)
Spotify, Oracle, and Comcast have each recently announced they’re going with co-C.E.O.s. In this 2023 episode, we dig into the research and hear firsthand stories of triumph and disaster. Also: lessons from computer programmers, Simon and Garfunkel, and bears versus alligators.
47 mins
29 October Finished
