Search the Site

Archive for 2005

Home Sweet Home

In light of Freakonomics’ commercial success, you might think that I would hold the title of best-selling author in, say, my census tract, or at least my city block. It turns out I’m not even the best-selling author among the people who have owned my own house. A fellow named Michael Roizen used to live in my house. The very . . .



Freakonomics Response #1

It would seem that one sensible purpose of this blog would be to respond to Freakonomics questions and comments that come up in reviews, blogs, reader e-mails, etc. Consider this post the first of several such responses. A lot of people have wondered about one minor but significant element of the book: the use of small excerpts of a New . . .



Acemoglu wins Clark Medal

In golf, there is a tradition of the last winner of the Masters helping the latest victor slip into a green jacket. In economics, we don’t have the same tradition, but if we did, it would have been an honor for me to bestow a green pocket protector on Daron Acemoglu last week when he won the John Bates Clark . . .



Does Freakonomics Suck?

[for a Freakonomics status report, click here] Our publisher has been busily promoting and selling Freakonomics, which of course is its job, and which we, not surprisingly, applaud. When something good happens — a nice review in the Wall Street Journal, for instance, or an upcoming appearance on The Daily Show With Jon Stewart — the publisher assiduously spreads the . . .



Will the Real Billy Beane Please Stand Up!?

Whenever I post on baseball, people get very agitated. So I figured it was time to ruffle a few more feathers. My contention is that the secret to Oakland’s success has little to do with the things described in Moneyball, such as the emphasis on finding the skills in baseball that are good at producing runs, but not properly valued . . .



Why I Like Writing About Economists

Over the years I have had the opportunity to write about a great many interesting people. My mother had an extraordinary (and long-buried) story to tell. I’ve interviewed Ted Kaczynski, the Unabomber; the rookie class of the N.F.L. ; a remarkable cat burglar who stole only sterling silver. But lately I have been writing about economists — and, most fruitfully, . . .



Quarter Pounders With Cheese for Everyone!

The prices at McDonald’s didn’t go down yesterday, but eating fatty foods nonetheless just got a lot cheaper. A new study released by the CDC is described in news reports as follows: The death toll from obesity is less than a third of the government’s previous estimate, researchers are reporting today, contradicting warnings that poor diet and physical inactivity are . . .



Should We Be Embarrassed About This?

A few bloggers have pointed out that the cover of Freakonomics is, shall we say, quite similar to the cover of this book. To which we initially said: Yikes. Should we be embarrassed about this? We thought the cover of Freakonomics was brilliant the moment the publisher showed it to us. We had been suggesting something along similar lines — . . .



Sir Malcolm Gladwell

Not that Malcolm Gladwell needs us to blog about him. He only happens to have the #1 ranked book on both the New York Times hardcover and paperback lists (Blink and The Tipping Point respectively). Those are the two most interesting and entertaining books I have read in the last five years. And his New Yorker stuff is incredible. In . . .



Today’s the Day

Well, Freakonomics is finally on sale. It should be in most bookstores today, and is ready to ship from Amazon.com, bn.com, etc. The good news is that the book is already in a fourth printing. The bad news is … well, there is no bad news, not yet at least. Early reviews are excellent. On Slate, the 2nd portion of . . .



An economist’s dream

Not many people dream the dreams of economists. But for someone like me, I was able to live out a little fantasy today. As part of the Center I run, we had a conference call with our board of advisors. In the room or on the phone were many of the greatest living economists: Gary Becker, Ronald Coase, Milton Friedman, . . .



Levitt’s First B+ Since High School?

Freakonomics is almost officially for sale (Tues., April 12 is the date), and on Amazon.com and bn.com, where it can be pre-ordered, it has jumped onto the best-seller lists. (As of 9:00 p.m. EDT on April 9, it was #15 on Amazon.) Its authors are happily mystified. This spike seems attributable to a very nice interview of Steve Levitt by . . .



Ghost Writers?

Of the top 50 selling books at Amazon when I checked the other day, 47 were sole-authored. In contrast, I would guess that more than 80 percent of articles published in academic journals are co-authored. This strikes me as a real puzzle. Why should this be? Usually, we tend to think that as projects become larger and more complex, the . . .



Let’s at least argue about Moneyball using data

I do not deny that the Oakland As record in the past is amazing. People seem to be missing this point. What I am arguing is that they were not successful for the reasons that were most prominently trotted out in Moneyball, namely the ability to find good offensive players cheap. I think it is important to keep our eye . . .



Radio Radio

If you happen to listen to NPR’s “Weekend Edition” with Scott Simon, you will hear Steve Levitt discussing Freakonomics this Sat., April 9. (Click here to find the time and station in your area.) Simon himself has a new book out soon, Pretty Birds; we haven’t read it yet but if it is half as good as his 2000 memoir . . .



Billy Beane redux

My comments on Billy Beane have a lot of people upset, as usual. So you tell me. If the Oakland A’s win 80 games a year for the next five years, would those who think Billy Beane should be the next pope still hold that opinion? (BTW, I see Beane is a real long shot to succeed John Paul II . . .



An ode to Gary Becker

My friend and colleague Gary Becker is arguably the most influential economist of the last fifty years. I published a study in the American Economic Association Papers and Proceedings a few years back that attempted to identify which economic theories and economic theorists were having an influence on cutting edge, data driven economic research today. The most amazing finding was . . .



Finally, convincing evidence of Billy Beane’s genius

It seems like just about everyone thinks Billy Beane is a genius, thanks to the Michael Lewis book Moneyball, which details the way in which his Oakland A’s use statistics in innovative ways to choose talent and win games. I’ve never been part of the Billy Beane cult. For instance, in a January 2004 Financial Times interview about my research . . .



Finally, convincing evidence of Billy Beane’s genius

It seems like just about everyone thinks Billy Beane is a genius, thanks to the Michael Lewis book Moneyball, which details the way in which his Oakland A’s use statistics in innovative ways to choose talent and win games. I’ve never been part of the Billy Beane cult. For instance, in a January 2004 Financial Times interview about my research . . .



“Freakonomics”/ Ku Klux Klan on the radio

Chapter Two of Freakonomics is titled “How Is the Ku Klux Klan Like a Group of Real-Estate Agents?” It deals with the power of information, and more particularly the abuse of information. The K.K.K. part of the story concerns a man named Stetson Kennedy who, in the 1940’s, went undercover and joined the K.K.K. in order to try to dismantle . . .



A taste of “Freakonomics” in today’s New York Times

Roland G. Fryer Jr. is a young black economist at Harvard whose work and background are equally fascinating. (At least I think so.) He and Steve Levitt have written a number of papers together, and Fryer is scattered throughout the last couple chapters of Freakonomics. Quite separately, I’ve written a profile of Fryer that appears in today’s New York Times . . .



Unleashing Our Baby

Every parent thinks he has the most beautiful baby in the world. Evolution, it seems, has molded our brains so that if you stare at your own baby’s face day after day after day, it starts to look beautiful. When other people’s children have food clotted on their faces, it looks disgusting; with your own kid, it’s somehow endearing. Well, . . .



Welcome.

Welcome to Freakonomics.com!