Max Planck Economics Podcast: Entrance Fees for Refugees? Lottery Tickets for Parliament?

Does economic growth make people happy? Does higher pay spur better performance? Some economic theories and ideas can be confidently thrown overboard, Bruno Frey states in the current episode of the Max Planck Economics Podcast. The renowned Swiss economist is a permanent visiting professor at the University of Basel and a research director at the Centre for Research in Economics, Management and the Arts (CREMA) in Zurich

We had the opportunity to talk to him about his recent books “Economic Ideas You Should Forget” and “Honours versus Money: The Economics of Awards” and we asked him about some of his intriguing ideas, such as offering migration certificates for sale and selecting politicians at random.



Reading material on the podcast episode:

Bruno Frey and David Iselin (eds.). Economic Ideas You Should Forget. Springer, 2017.

Bruno S. Frey and Jana Gallus. Honours versus Money: The Economics of Awards. Oxford UP, 2017.

Bruno S. Frey and Margit S. Osterloh. Aleatorische Demokratie. CREMA Working Paper 2016-09.

Margit S. Osterloh and Bruno S. Frey. Migration Policy: Lessons from Cooperatives. CESifo Working Paper Series No. 6364.


Max Planck Economics Podcast

Hosts: Jonas Send, Raisa Sherif, and Dr. Lisa Windsteiger,  Research Fellows at the Max Planck Institute for Tax Law and Public Finance

Editing: Nicole Stefan

Music: “Corporate Technology” by Scott Holmes:

October 2018