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Steve Levitt

๐Ÿ‘ค Speaker
810 total appearances

Appearances Over Time

Podcast Appearances

Freakonomics Radio
670. Beeconomics 101

This is Freakonomics Radio, the podcast that explores the hidden side of everything with your guest host, Steve Levitt.

Freakonomics Radio
670. Beeconomics 101

Hi, I'm Steve Levitt.

Freakonomics Radio
670. Beeconomics 101

But there are challenges.

Freakonomics Radio
670. Beeconomics 101

As past president of the American Honey Producers Association, Chris Hyatt has fought on behalf of beekeepers across the country.

Freakonomics Radio
670. Beeconomics 101

And now what made you think that I, as someone who has never thought about honey, would be able to help?

Freakonomics Radio
670. Beeconomics 101

The total amount of honey consumed in the USA has roughly doubled since the year 2000.

Freakonomics Radio
670. Beeconomics 101

On top of that, the retail price of honey has almost tripled even when you account for inflation.

Freakonomics Radio
670. Beeconomics 101

So why is it that beekeepers are struggling?

Freakonomics Radio
670. Beeconomics 101

We can start to answer this question by looking at Hyatt's business.

Freakonomics Radio
670. Beeconomics 101

He runs one of the country's largest honey producing operations.

Freakonomics Radio
670. Beeconomics 101

Though there have been some technological advances over the course of Hyatt's life, the industry still requires a lot of labor, both from the humans and the bees.

Freakonomics Radio
670. Beeconomics 101

How many bees is that total?

Freakonomics Radio
670. Beeconomics 101

By my math, that works out to Hyatt caring for roughly a billion bees during a busy summer.

Freakonomics Radio
670. Beeconomics 101

Those bees don't just make honey.

Freakonomics Radio
670. Beeconomics 101

Like many bees in large commercial hives, they have a second critical job.

Freakonomics Radio
670. Beeconomics 101

They pollinate crops on big commercial farms.

Freakonomics Radio
670. Beeconomics 101

During pollination season, Chris Hyatt has his hives loaded into semi-trucks and driven all across the United States.

Freakonomics Radio
670. Beeconomics 101

So 80 per hive, and you've got 18,000 hives.

Freakonomics Radio
670. Beeconomics 101

So you're talking about almost 1.5 million pounds of honey?

Freakonomics Radio
670. Beeconomics 101

You said your dad used to be able to get 200 and something pounds of honey out of a hive in Alberta.

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