Freakonomics Radio

Freakonomics Radio

597. Why Do Your Eyeglasses Cost $1,000?

July 18, 202455 min

0:0054:39

About this episode

A single company, EssilorLuxottica, owns so much of the eyewear industry that it’s hard to escape their gravitational pull — or their “obscene” markups. Should regulators do something? Can Warby Parker steal market share? And how did Ray-Bans become a luxury brand? (Part one of a two-part series.) SOURCES:Neil Blumenthal, co-founder and co-CEO of Warby Parker.Dave Gilboa, co-founder and co-CEO of Warby Parker.Jessica Glasscock, fashion historian and lecturer at the Parsons School of Design.Neil

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Freakonomics co-author Stephen J. Dubner uncovers the hidden side of everything — why is it safer to fly than drive, how do we decide whom to marry, and more.

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