Number of comments: 3 For the 20-year period ending in 2007, the Los Angeles Lakers' NBA championship record did a surprisingly good job of reflecting the stock market.
Number of comments: 15 Who owns the rights to an air space and to a view? What are property rights in such cases? An article in our local paper discusses complaints of residents in a luxury condo complex who are insisting that the City Council help pay the $75,000 it would cost an outdoor [...]
Number of comments: 4 The second chapter of SuperFreakonomics, which is primarily about catching terrorists and running an emergency room, includes a few passages about the timing quirks of births and deaths.
If you're in Times Square on Saturday, Dec. 19, keep an eye out for SuperFreakonomics on the Dow Jones news zipper. A piece of Freakonomics schwag will go to the first person who sends us a photo of the book's name up in lights.
Waiting may be fun when it involves opening Christmas presents or paying off your credit cards, but waiting for the bus is a miserable experience pretty much any way you look at it.
Long waits are one of the most important -- perhaps the most important -- barriers deterring Americans from [...]
Each week, I've been inviting readers to submit quotations for which they want me to try to trace the origin, using The Yale Book of Quotations and my own research. Here is the latest round.
Christmas and economists go together like - well, like drinking and walking. Joel Waldfogel, the economist who is famous for highlighting the deadweight loss of gift-giving, has a new book out called Scroogenomics: Why You Shouldn't Buy Presents for the Holidays.
As the L.A. Times reports,
two new studies, from researchers at the University of California-San Francisco and the National Cancer Institute, suggest that hospitals may want to cut down on the volume of CT scans.
The always-enlightening Atul Gawande evaluates the new health-care bill's efforts (or lack thereof) to control runaway health-care costs. The bill, which has been widely criticized for its lack of significant cost reductions, proposes a few small pilot programs aimed at cost containment.
University of Scranton psychology professor Carole Slotterback analyzed about five years' worth of children's letters to Santa that were sent to her city's central post office.
It's one Los Angeles boutique owner's answer to the pay-what-you-wish pricing scheme: only open your store to customers you want to let in -- and set prices on the spot by sizing customers up. The strategy, she says, has helped her store stay open when other shops around [...]
In the original Star Wars movie (Episode IV), Luke Skywalker pleads with Han Solo to help the Rebel Alliance battle the Empire, but Han refuses and a disgusted Luke storms off. Chewbacca, being a student of game theory, lays out the payoff bimatrix to Han in their "conversation":
Finally, a scientific approach to the eternal cats vs. dogs debate. NewScientist evaluated dogs and cats in 11 different categories: brains, shared history, bonding, popularity, understanding, problem solving, vocalization, tractability, supersenses, eco-friendliness, and utility. It was a close contest but Fido ultimately won six to five.
In SuperFreakonomics, far and away the most common subject of emails is drunk walking vs. drunk driving. In particular, every few days someone writes us to tell us that our analysis is wrong because we are comparing the rate of death per mile driven drunk versus the rate of death [...]
Does giving a man a job stop him from becoming a political insurgent? The generally accepted wisdom is that it does. In fact, the U.S. and other western powers have distributed millions of dollars of foreign aid in the hopes of reducing political violence and instability.
The F.B.I. released its 2008 data on hate crimes in the U.S. The figures suggest that American hatred is on the rise, but not my much: only about 2 percent. The highest upticks occurred for hate crimes motivated by sexual orientation (up 11 percent) and religion (up 9 percent).
A couple of days ago, Dubner posted a challenge: think about activities that are legal when done for free but become illegal when they are done for money. Despite my recent post on the injustice of the taxi medallion system, not one of the 100+ responders to Dubner's appeal mentioned' [...]
At my kids' school, parents are trained from pre-K onward to send in any "beautiful junk" they amass at home: egg cartons, shoe boxes, packing peanuts, etc. It is all recycled by the kids into artwork, some of it pretty splendid.
Here's a neat look at the "beautiful junk" being amassed [...]
Tim Donaghy's 2007 arrest for betting on N.B.A. games, including games that he refereed, shocked basketball fans. Despite his astounding betting success rate (70 to 80 percent), Donaghy claimed that he never fixed N.B.A. games but rather used insider information, a claim that the N.B.A., the F.B.I., and the U.S.' [...]
Each week, Fred Shapiro invites readers to submit quotations whose origins they would like him to trace, using The Yale Book of Quotations and his own research. Here is the latest round...
Yes, the U.S. healthcare system is full of inefficiencies which lead to bloated costs. But no, that's not the reason that U.S. longevity ranks only 29th in the world.
More than 4,000 teams of people recently raced to determine the location of ten red balloons released across the U.S., as part of an experiment designed to "explore the roles the Internet and social networking play in the timely communication, wide-area team building, and urgent mobilization required to solve broad-scope," [...]
Ralph Keeney, a decision analyst at Duke University's Fuqua School of Business, uses decision sciences to give "practical and usable advice" to help people make decisions, from lifestyle choices to management strategies.' [...]
Climate officials from around the world have assembled in Copenhagen for two weeks to address global warming. Here's an interesting article from today's Guardian. Highlights: [...]
Number of comments: 9 Planet Money recently interviewed Elinor Ostrom, this year's Nobel prize winner and an expert in the tragedy of the commons about global warming. Ostrom believes the solution to climate change will come not from government initiatives but from people in communities around the world. "I think we are stupid to'" [...]
It's legal to give certain things away for free, and illegal to sell them. Sex, for one. A few more of our favorites are inside this post. Can you think of other examples where money doesn't necessarily make a practice illegal, but at the very least taboo or socially repugnant?
A group of civic activists in Los Angeles plans to start giving "Gang Tours" -- taking busloads of tourists through some of the most dangerous parts of the city -- in hopes of "sensitizing people, connecting them to the reality of what's on the ground."
We recently solicited your questions for George Atallah, the assistant executive director of external affairs for the N.F.L. Players Association. Atallah responded in a fashion that I believe is unique among all previous participants in our reader-generated Q&A's: he answered every question you asked. If thoroughness counts for anything -' [...]
As the SuperFreakonomics chapter on global warming suggests, solutions that are initially viewed as repugnant sometimes gain acceptance over time. Consider, for example, that environmental groups have supported a "last-ditch effort" by Illinois environmental officials to dump a toxic chemical into a canal. The purpose?
Scientists in the U.K. and Slovenia have developed a new, new technique for dating old books that's far less damaging than the typical methods which require destroying part of the book.
Great monopoly example: a student writes that his family was fortunate to have the Bumper Dumper, produced by the Uncle Booger Company, attached to their SUV on a recent trip.
Number of comments: 15 Last post I started a series on the different ways men and women travel. The disparities are many, and go back a long way; after all, Eve and not Adam took the first family grocery-shopping trip, and Noah, not his anonymous wife, built and drove the first recorded vehicle.
In the [...]
Number of comments: 15 Since the onset of the current financial crisis, political and economic pundits have loudly proclaimed the end of American economic dominance. U.S. policymakers are struggling to revive the economy, establish new industrial competencies, and remain globally competitive. Meanwhile, in a small, young, constantly embattled country across the globe, old-fashioned entrepreneurialism [...]
Number of comments: 4 A site called Oobject features juxtaposed shots of cities before and after major events like war, natural disasters, and "property speculation."
Number of comments: 15 When I'm upset about the minor annoyances of life, I sometimes find it helpful to think of the price I'd charge for enduring the annoyance. For example, when my wallet was stolen, I wondered how many dollars would someone have had to pay me to consent to the taking.
After jump-starting the economies of Somali fishing towns, local pirates are taking their local business further by setting up "stock exchanges" that host 72 pirate gangs or "maritime companies," a Reuters article reports. [...]
In the 10 days since we first blogged about "ClimateGate" - the unauthorized release of e-mails and other material from the Climate Research Unit (C.R.U.) at East Anglia University in Norwich, England - it's become strikingly clear that one's view of the issue is deeply colored by his or her [...]
Jason Kottke explains how the H1N1 vaccine is made - including the step where part of the virus is injected into eggs, where it incubates for two to three days before being removed.
Today I will give my long-awaited response to the many questions about the leading phraseological enigma of our time, namely the origin of the phrase "the whole nine yards." I am sorry to disappoint by having no definitive answer, but the reality is that many of the major etymological riddles [...]
National borders may sometimes seem like arbitrary lines drawn on a map, but a new study from the University of Haifa reveals that those borders mean something to the resident animal populations.
Number of comments: 15 There's a strange view out there that with unemployment above ten percent, and inflation nascent, the Fed should be thinking about raising interest rates. Yesterday Philadelphia Fed President Charles Plosser attempted to explain his view:
Number of comments: 15 The psychologist Barry Schwartz's book The Paradox of Choice (here's his TED talk on the topic) was, for me at least, very persuasive. It made a compelling if counterintuitive argument: even though many people (economists especially) argue that more choice is almost always a good thing, Schwartz argued that too [...]
Number of comments: 4 A Boston Globe article explains how "positive deviance" - a way to change behavior by using "nudges" that already exist in a community, rather than imposing them from the outside - substantially decreased malnutrition in a Vienamese village: researchers observed children who looked more nourished than others, found that their [...]
A lot of industries are obviously weather-dependent - agriculture, tourism, etc. - but I hadn't known that the traditional production of roofing slate in the U.K. was also at the mercy of the weather. Here is but one of many fascinating things you can learn from Simon Winchester's excellent book [...]
It seems to make all the sense in the world. You are WPMI-TV, the NBC affiliate that covers southern Alabama and some of the Florida Panhandle, and you rent a big electronic billboard to promote your nightly news and weather team.
Number of comments: 15 Last week we opened up the questioning for Sudhir Venkatesh, the sociologist whose fieldwork on street prostitutes in Chicago is the foundation of a long section of our first chapter. Here are his replies. Thanks to Sudhir and all of you for participating.
Number of comments: 15 I got a good chuckle out of this piece by George Monbiot in the Guardian about the recent global warming e-mail controversy.
My view is that the emails aren't that damaging. Is it surprising that scientists would try to keep work that disagrees with their findings out of journals?
Number of comments: 13 Foreign Policy released its list of 2009's Top 100 Global Thinkers. The No. 1 spot goes to Ben Bernanke for "staving off a new Great Depression," while Obama takes No. 2 for "reimagining America's role in the world." A few of our old favorites also made the list.
Americans ate an estimated 3 billion bagels at home last year, an average of about 11 per person (this doesn't include bagels eaten at work, where a not-completely-insignificant number are delivered by bagel economist Paul Feldman). And in the course of slicing up all those bagels, 1,979 people cut their' [...]
At Big Think, Dan Ariely discusses ways to think about money so you splurge less - like equating expensive wine with gallons of milk and making paying hurt a little more. [...]
Our new study poses a conundrum: in a professional market (for economists), having more scholars pay attention to your research raises your reputation and your salary. Conditional on that attention, though, writing more papers lowers your reputation - but it raises your salary! [...]
The island of Kiribati began to subsidize coconut harvesting in the hopes of encouraging fishermen to switch to the coconut trade and thereby help preserve Kiribati's reefs from the ravages of overfishing.' [...]
In a post yesterday, I posed the following riddle:
Yesterday, and for much of the past year, I regularly did something that was perfectly legal.
Starting today, if I do the same thing, I am breaking a New York State law.
What is it that I'm doing?' [...]
Indeed, the conclusion of the slogan "you've come a long way, baby" ironically demonstrates that women had not come quite as long a way as they might have hoped. Even now, important gender differences persist, and they show up quite clearly in the realm of transportation.
'Tis the season for turkey shopping, and the price is right. According to this Wall Street Journal squib, the price of whole frozen turkeys has fallen from 94 cents per pound last year to just 66 cents per pound, with Wal-Mart leading the way, selling turkeys for just 40 cents' [...]
We spend a good bit of time in SuperFreakonomics writing about doctors' hand hygiene: specifically, how important good hand hygiene is in order to cut down on hospital-acquired infections and yet how historically it has proven difficult to enforce.
Drinking alcohol puts people at high risk for all kinds of misfortunes. Exposure to date-rape drugs, however, doesn't seem to be one of them.
In a study published in the British Journal of Criminology, more than half of the 200 university students surveyed said they knew someone whose drink had been' [...]
Yesterday, and for much of the past year, I regularly did something that was perfectly legal.
Starting today, if I do the same thing, I am breaking a New York State law.
What is it that I'm doing?
The first correct answer earns a signed copy of SuperFreakonomics or a piece of Freakonomics' [...]
Chapter 3 of SuperFreakonomics, called "Unbelievable Stories About Apathy and Altruism," takes a look at the research of John List (the Univ. of Chicago economist, not the notorious murderer of the same same - although the same chapter does cast a new light on a famous murder as well). List's' [...]
Students at University of California schools have been protesting the decision of the Board of Regents "to raise undergraduate fees - the equivalent of tuition - 32 percent next fall." But higher tuition, if it is accompanied with higher financial aid for lower- and middle-income students, improves equity. As Aaron [...]
If you'd like to turn your garden-variety copy of SuperFreakonomics (or Freakonomics) into a nifty autographed copy that suddenly seems much more gift-appropriate, you can sign up here for a free bookplate that is hand-signed by Levitt and Dubner. If all goes well, the Freakonomics elves will dispatch your bookplate' [...]
Daron Acemoglu describes what makes a nation rich in a new article for Esquire. According to Acemoglu, experts who believe geography or the weather or technology are to blame for persistent poverty are missing a much simpler economic explanation: people respond to incentives.
When we think about "scientists," most of us probably envision people toiling away in the lab or the field, accumulating and analyzing data in order to test theories, leaving their personal biases at home, scrupulously considering any confounding data or theories and willfully distancing themselves from the political implications of [...]
In 2003, a young American woman in London studying for her PhD. ran into money trouble. To support herself while writing her thesis, she joined an escort service. Under the assumed name Belle de Jour, she started to blog her experiences. That blog led to a series of successful, jaunty [...]
"What makes hate tick? How can we stop it?" These are the questions that Jim Mohr, director of Gonzaga University's Institute for Action Against Hate, asks himself every day as he develops a new field of study around hate. Mohr believes that despite all the devastating examples of hate in' [...]
When blog reader Kyle contacted us with his story of how thinking "freakonomically" first netted - then lost - him significant amounts of incremental income, we had what we'd call an "aha moment," if Oprah hadn't apparently patented that phrase.
Here's Kyle's story - and if you have a tale of [...]
It's well-established that domestic violence is bad for the children directly exposed to it (and possibly their classmates as well) but experts still debate the drivers of family violence. Economists have traditionally characterized violence as a signal to outside parties or as part of an incentive contract between family members.
Each week, I've been inviting readers to submit quotations for which they want me to try to trace the origin, using The Yale Book of Quotations and my own research. Here is the latest round:
Nathan Myhrvold is the Intellectual Ventures chieftain we wrote about in SuperFreakonomics; I.V. has plans to thwart, inter alia, hurricanes, malaria, and global warming. (He has also written for this blog occasionally.) Now he has let The N.Y. Times into his kitchen. It is not like any other kitchen you've' [...]
Four of the 26 students in my Economics of Life class proposed delaying submitting their draft term project reports by one week. I emailed the whole class and gave them one day to let me know if they disapproved of this postponement.
The question was how heavily to weight the [...]
Number of comments: 12 Newsweek is running an online retrospective of the new millennium's first decade. My favorite section to date is the "Overblown Fears" list. Here they are, in order:
1. Y2K
2. Shoe Bombs
3. Vaccines Cause Autism
4. Immigrants
5. Bloggers
6. SARS, Mad Cow, Bird Flu
7. Web Predators
8. Teen Oral Sex Epidemic
9. Anthrax
10. Globalization
If you missed Levitt and Dubner on their U.K. SuperFreakonomics tour, a podcast of their lecture at the London School of Economics is now online. So are their interviews with Reuters TV, Channel 4, and Telegraph TV, as is the BBC's piece on how SuperFreakonomics fits into the David Cameron' [...]
We've blogged extensively about the serious organ-doner shortage in the U.S. and the debate over establishing a market for organs. Now it seems the recession has uncovered some unexpected potential participants in the organ market: unemployed white collar Americans.
In the first installment of our virtual book club, Emily Oster answered your questions about her research (co-authored with Rob Jensen) which argues that the lives of rural women in India improved on several dimensions thanks to the widespread adoption of television.
That story appeared in our book's introduction. Now we're [...]
We are trapped in a world with far too few IRS audits. Law abiding tax payers hate being audited and their representatives in Congress have heard the message loud and clear - strangling the ability of the IRS to conduct field examinations. The problem with the current state of affairs [...]
Police in Hunan province, China, raided a workshop said to be producing counterfeit condoms. According to the (U.K.) Times:
Bare-chested employees were found using vegetable oil to lubricate the condoms to make them smooth and shiny before placing them directly in fiber bags without bothering with sterilization.
Worker productivity is up dramatically, despite the release of photographer Andrew Zuckerman's mind-blowing book - and totally engrossing website - Bird.
Number of comments: 15 In recent years, replacing your car with a Schwinn has become a popular idea for reducing your carbon footprint. However, not everyone has rushed to their local bike store: fewer than 2 percent of the population relies on bikes for transportation. [...]
Number of comments: 4 The folks at Appfrica have put together some interesting infographs on infrastructure investment and Internet connectivity in Africa. The graphs provide information on internet penetration and network readiness by country, and the various infrastructure development projects that are rapidly transforming Internet connectivity in Africa. [...]
Number of comments: 15 Remember the transportation stimulus package? Whatever happened to that money? I'm pretty sure it got allocated, but weightier transportation stories like hot-air-balloon fraud seem to have bumped highway spending off the front page. To catch you up, here are some recent numbers that are worth mulling over.
' [...]
Number of comments: 15 SuperFreakonomics briefly considers the possibility of a rogue leader like Venezuelan President Hugo Chavez deciding to unilaterally try geoengineering the planet. Who'd have thought Chavez would actually try some geoengineering with his own hands? According to this Reuters report, Chavez recently asked a team of Cuban scientists to seed clouds' [...]
I respect Bill Belichick more today than I ever have.
Last night he made a decision in the final minutes that led his team the New England Patriots to defeat. It will likely go down as one of the most criticized decisions any coach has ever made. With his team leading [...]
I was talking with some folks at LSU who were working on a proposal to exempt textbooks from sales taxes in Baton Rouge, currently a whopping 9%. I'm all in favor of cutting sales taxes, which are generally not progressive; but textbooks are a luxury good-college education is disproportionately undertaken' [...]
We all know that information is valuable, and that more information is generally better than less.
But in the realm of pharmaceutical research (as in others, to be sure), there's a troubling paradox: while successes are widely publicized, and while the results of clinical trials are usually published, the research from' [...]
Dubner will be appearing on the public-radio show The Takeaway every morning this week to talk about SuperFreakonomics. His past appearances can be found here, including this one about kidney donation and this one about climate change.
Over the last decade, the number of syphilis cases in China increased tenfold, according to this Associated Press report, because more migrant workers have been able to afford to hire prostitutes.
Malcolm Gladwell explains Christmas, as imagined by Craig Brown for Vanity Fair: "In a hugely influential 2004 experiment at the University of Colorado at Bollocks Falls, Professor Sanjiv Sanjive and his team asked 323 volunteers to wrap themselves in swaddling clothes and spend the night in a stable, lying" [...]
So while environmentalists may find the very notion of geoengineering repugnant, the fact is that geoengineering is already with us, and will likely be put to use whether we like it or not.
Unhappy with the clutter in your life? You don't need to get organizized; you just need to ditch your extraneous stuff. The Happiness Project's Gretchen Rubin punctures eleven myths of would-be clutter slayers. [...]
Number of comments: 15 Since last week's posting elicited many helpful comments, let me repeat it this week in hope of getting even more input:
I'm starting to think about my annual list, run by the Associated Press, of the top 10 most notable quotations of the year. [...]
