Steve Levitt

speaker
962 appearances 8 recordings 1 series first heard Dec 2024 last heard 31 Jul

Steve Levitt’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 5 in all, peaking in Jul 2026 with 2.

Appearances

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What does that mean in terms of economics?
It means that ultimately, it is the almond producers who are hurt the most by cheap foreign honey.
Usually, when the price of honey falls, lots of beekeepers would go out of business.
But the almond industry can't let that happen.
They have to raise pollination fees enough to keep the beekeepers afloat.
If you're an almond producer, that gives you a strong incentive to find ways to grow almonds that don't depend on bees.
What does this mean for the future of beekeeping?
Maybe the answer is in the past, like 700 years in the past.
That's coming up.
We've been talking about the uncertain future of the beekeeping industry.
But let's take a minute to think about the industry's past.
Alex Siposnick is a historian at King's College London who studies the economics of beekeeping in the Middle Ages.
In her research, she found that medieval beekeepers faced the same fundamental problem that Chris Hyatt faces today, a market for their product that kept getting undercut by forces outside their control.
It turns out that people could and did keep bees all over medieval Europe.
However, even back then, the market was vulnerable to fraud.
Today, beekeepers are honey producers and professional pollinators.
Back then, the biggest job was something else entirely.
Do you have a sense of what share of a church's budget would go to wax?
This huge demand for wax supported a thriving medieval beekeeping industry.
But then, like so many things in the medieval period, that changed with the Protestant Reformation.
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