Why Do People Still Hunt Whales? (Update)

This episode of Freakonomics Radio, part two of a series on whaling, explores the history and economics of the whaling industry, particularly focusing on Norway and Japan. It features interviews with economic historians Bjorn Basberg and Eric Hilt, as well as journalist Jay Alabaster, who provide insights into Norway's rise as a whaling power due to technological advancements and economic conditions, and Japan's post-World War II reliance on whale meat for sustenance. The episode also delves into the International Whaling Commission's role, the cultural and economic factors driving whaling in Japan, and the impact of the anti-whaling movement. It touches on the moral arguments surrounding whaling and the challenges faced by whaling communities in the face of declining demand and international pressure.