meta_pixel
Tapesearch Logo
Freakonomics Radio

Should America Be Run by … Trader Joe’s? (Update)

Freakonomics Radio

Freakonomics Radio + Stitcher

Documentary, Society & Culture

4.632K Ratings

🗓️ 21 March 2025

⏱️ 48 minutes

🧾️ Download transcript

Summary

The quirky little grocery chain with California roots and German ownership has a lot to teach all of us about choice architecture, efficiency, frugality, collaboration, and team spirit.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey there, it's Stephen Dubner, and I wanted to say thanks for the overwhelming

0:09.4

response to our most recent episode, which was called 10 Myths about the U.S. tax system.

0:15.4

There were a lot of good suggestions for follow-up episodes, and we will certainly keep those

0:20.1

in mind. One of the joys of

0:22.4

making this show is going after stories that simply seem interesting and worthwhile without

0:27.2

any set agenda to follow, and you never know which episodes are going to strike a chord like this

0:33.2

one did. Today, we have gone into the archive to play you another episode that struck a chord

0:38.1

when it was first published. It's called Should America Be Run by Trader Joe's. We have updated

0:44.9

facts and figures as necessary. I should note that Trader Joe's did not participate in the

0:50.0

making of this episode. Their executives don't tend to give interviews. Although we did

0:55.3

receive a note from then CEO Dan Bain after we first published this episode in 2018, he wrote,

1:01.8

You pose a question, should America be run by Trader Joe's? We are pretty sure such work would

1:06.6

likely require a coat and tie. We like Hawaiian shirts, so we will pass. Thanks. Let me know what

1:13.5

you think of this episode. You can always leave a comment on your podcast app or send us an email to

1:19.3

Radio at Freakonomics.com. As always, thanks for listening.

1:35.9

Let's play Shark Tank today. You're the investors.

1:41.6

Shark Tank, if you don't know, is the TV show where people pitch business ideas to famous investors. You might be Mark Cuban or Mr. Wonderful.

1:45.1

You're trying to decide, would you invest?

1:47.6

And that is Michael Roberto.

1:49.2

He's a business professor at Bryant University, formerly of the Harvard Business School.

1:54.2

There's one lecture he likes to start by giving his students this fictional shark tank pitch.

1:59.6

I'd like to open a new kind of grocery store.

...

Transcript will be available on the free plan in -11 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Freakonomics Radio + Stitcher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Freakonomics Radio + Stitcher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.