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What Next | Daily News and Analysis

TBD | Cracking the Egg Crisis

What Next | Daily News and Analysis

Slate

News, Daily News, News Commentary, Politics

4.62.3K Ratings

🗓️ 2 March 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Everyone’s talking about the price of eggs—so why are they so expensive? And when can we expect—if ever—the price to come back down? Guests:  Dr. Jada Thompson, associate professor at the University of Arkansas Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:04.9

When the world is normal and eggs are not comically expensive, Dr. Jada Thompson is not being pestered by reporters.

1:14.1

Never. You know, my joke has been that I am important for this two seconds and I will fade into obscurity again.

1:23.6

Thompson is an associate professor at the University of Arkansas. And maybe every so often she gets a call about the Arkansas poultry industry.

1:31.7

But it's not like this.

1:33.8

This is insane.

1:36.4

Off the charts.

1:37.7

This is the most media I have ever done in my career.

1:44.8

And the thing you have to understand about eggs is that they are, in economic terms, inelastic.

1:51.9

Think of it this way.

1:53.5

Usually, when the price of something is high, you get less of that thing for your money,

1:58.7

something economists call shrinkflation. That's just not how

...

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