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Are You Ready for a Fresh Start? (Update) | Freakonomics Radio

Freakonomics Radio

Hosted by Stephen J. Dubner

42m
Transcript

Original podcast

Summary

Written by a model from the transcript; not yet reviewed.

This updated 2021 episode explores the "fresh start effect," a concept named by Wharton professor Katie Milkman and her colleagues. The effect describes how calendar milestones—New Year's Day, birthdays, the start of a new week—trigger a psychological shift that makes people more likely to pursue goals. Milkman's team used Google search data from 2014 to show that searches for terms like "diet" spike at these moments, and ran a mailer experiment with over 8,000 university employees to test whether highlighting a fresh start date increased retirement savings enrollment. Surprisingly, birthdays and the beginning of spring worked, but New Year's Day did not.

The episode also examines when fresh starts backfire. UCLA professor Heng Chen Dai analyzed roughly 700 Major League Baseball trades from 1975 to 2014, finding that a batting average reset helped underperforming players but hurt those already doing well. Andy Byford, the former NYC Transit chief who raised on-time performance from 58% to 80%, describes how a COVID-era travel ban accidentally landed him the Transport for London commissioner role. Former pitcher Bob Tewksbury adds a personal dimension, comparing being traded to being told "we don't want you anymore."

  • Birthdays and the beginning of spring are more effective fresh start triggers than New Year's Day itself for motivating goal pursuit. 11:46
  • A 55% New Year's resolution success rate is likely inflated; other studies show rates as low as 8%. 8:42
  • Flexibility in habit-building outperforms rigid routine: people paid to be flexible built more lasting habits than those paid to be consistent. 25:20
  • A performance reset helps struggling performers but can hurt those who are already doing well, as shown in MLB trade data. 33:23
  • About 5% of London commuters changed their routes permanently after a two-day transit strike disrupted their normal routine. 22:23

Highlights

  • 7:02

    55% Resolution Success Rate Questioneddata

    A Stockholm study found 55% of New Year's resolutions worked, but Milkman calls it out of whack with other research showing rates as low as 8%, noting the study used a non-random, highly motivated sample.

  • 11:46

    Birthdays Beat New Year's Dayinsight

    In a mailer experiment with over 8,000 university employees, highlighting a birthday or the start of spring increased retirement savings enrollment, but New Year's Day had no significant effect.

  • 17:01

    Byford's Subway Turnaroundstory

    Andy Byford arrived in NYC in 2018 when on-time performance was 58%. He secured a $40 billion Fast Forward plan and raised it to 80% before being politically sidelined and resigning in January 2020.

  • 22:23

    London Strike Changes 5% of Commutersdata

    Economist Ferdinand Rauch found that after a two-day 2014 London Tube strike, about 5% of commuters permanently adopted a new route they discovered during the disruption.

  • 25:20

    Flexibility Beats Routine for Habitsinsight

    Milkman's experiment showed that people paid to exercise at varying times built more lasting habits than those paid to be rigidly consistent, contradicting the assumption that stable routines are optimal.

  • 33:23

    MLB Reset Helps Weak Hittersdata

    Heng Chen Dai's analysis of 700 trades from 1975 to 2014 found that a batting average reset significantly improved performance for underperforming players but reduced performance for those already hitting well.

  • 36:41

    Tewksbury's Trade as Fresh Startstory

    Bob Tewksbury describes being told of his 1987 trade by a hotel bellman in the Catskills, comparing the feeling to parents saying they don't want you anymore, then finding a much better fresh start in St. Louis a year later.

  • 39:35

    Take a Mulligan for 2020strategy

    Milkman suggests everyone should grant themselves a free do-over for 2020 and the first half of 2021, using the golf mulligan as a metaphor for cutting yourself slack after a disrupted year.

About this episode

Behavioral scientists have been exploring whether a psychological reset can lead to lasting change. In this update of a 2021 episode, we survey evidence from the London Underground, Major League Baseball, and New Year’s resolutions to look at accidental fresh starts, forced fresh starts, fresh starts that backfire — and the ones that succeed. You can find the transcript and show notes for this episode on our website here: https://freakonomics.com/podcast/are-you-ready-for-a-fresh-start-update/ FOLLOW FREAKONOMICS RADIO: YouTube: https://freak.ws/3yIl6dl Apple Podcasts: https://freak.ws/3yAvQh0 Spotify: https://freak.ws/3TsdCmV ABOUT FREAKONOMICS RADIO: Discover the hidden side of everything with host Stephen J. Dubner, co-author of the Freakonomics books. Each week, Dubner speaks with Nobel laureates and provocateurs, intellectuals and entrepreneurs, and various other underachievers to uncover things you always thought you knew (but didn’t) and things you never thought you wanted to know (but do) — from the economics of sleep to the future of education, from markets for marriage to the surprising utility of wolves. ABOUT THE FREAKONOMICS RADIO NETWORK: Freakonomics began as a book, which led to a blog, a documentary film, more books, a pair of pants, and in 2010, a podcast called Freakonomics Radio. Hosted by Stephen J. Dubner, it’s one of the most popular podcasts in the world, with a reputation for storytelling that is both rigorous and entertaining. Its archive of more than 500 episodes is available, for free, on any podcast app, and the show airs weekly on NPR stations. Freakonomics Radio is now the flagship show of the Freakonomics Radio Network, which includes the podcasts No Stupid Questions, People I (Mostly) Admire, and The Economics of Everyday Things. FREAKONOMICS RADIO NETWORK PODCASTS: Freakonomics Radio: https://freakonomics.com/series/freakonomics-radio/ No Stupid Questions: https://freakonomics.com/series/nsq/ People I (Mostly) Admire: https://freakonomics.com/series/people-i-mostly-admire/ The Economics of Everyday Things: https://freakonomics.com/series/everyday-things/ Special series: https://freakonomics.com/topics/ CONNECT WITH...

Transcript

0:00
42:58

7,173 words · 17 speakers

Speaker names marked are inferred from speaking time and the show’s known hosts — they are not voice-verified.

Topics

  • Fresh Start Effect
  • Behavior Change
  • Habit Formation
  • New Year's Resolutions
  • Motivation Psychology
  • Performance Resets
  • Public Transit

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