One problem faced by a society that is always working toward solutions to various problems is that certain solutions, however effective, may go unused because they cannot be commodified.
We write at some length in SuperFreakonomics about a physician and technologist named Craig Feied, who is responsible for not only for a lot of medical innovation but who looks at problem-solving in a resolutely unorthodox manner.
Whenever you write a book, it’s interesting to see which parts of it people respond to en masse. With SuperFreakonomics, the global-warming chapter has certainly gotten its fair share of attention, and Levitt noted a lot of feedback about the perils of drunk walking.
It is no secret that weather affects mood, and even behavior. The Bagel Man we wrote about in Freakonomics, who ran an honor-system business, received lower payments during foul weather. Now along come Donald Redelmeier and Simon D. Baxter from the University of Toronto with an interesting question: do applicants to medical school suffer if they happen to be interviewed on a rainy day?
John List had better be careful. His research is very valuable to the philanthropic community; but if this latest paper engenders a public outcry for a “do-not-knock” registry, he might quickly become a pariah.
It is commonly thought that the nearly-40-year “war on cancer” has largely been a failure, since the age-adjusted mortality rate for cancer is essentially unchanged over that time. But that’s a deceptive metric. Consider this…
We recently solicited your questions for Ralph Keeney, a decision analyst at Duke University’s Fuqua School of Business.
In his answers, you’ll find that Keeney discusses how to avoid making the wrong decisions, how to figure out what you really want, and why neither psychologists nor economists have definitively figured out how to make good decisions.
Yes, today is December 31. So get off this site and go find someplace to exercise your altruism, as impure as it may be.
Levitt recently wrote about geoengineering going mainstream – i.e., being featured in the M.I.T. Technology Review. That fine publication may not be as “mainstream” for the rest of us as it is for Levitt. But now NBC Nightly News has weighed in on the topic.
In today’s Wall Street Journal, E.S. Browning has written a quietly important article (gated) about the fact that stock-market returns are almost never adjusted for inflation. While most shrewd investors factor in this omission, my sense is that a great many people never think about it, and therefore significantly overestimate their investment gains.
For a few months now, we’ve been soliciting reader questions for Captain Steve, a pilot with a major U.S. airline. You can find his first few batches of answers here, and he’s back now with another round. You can leave new questions for him in the comments section below.
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.
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.
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 by Intellectual Ventures, the invention company near Seattle we wrote about in SuperFreakonomics.
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.
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:
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?
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 – not to mention candor and the willingness to engage sticky subjects – then the players would seem to have strong advocates in Atallah and his boss DeMaurice Smith.
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 incoming biases. No surprise there, but still, the demarcation is clear. One of the best indicators: when you stumble onto a blog post about the topic, you can tell which way the wind is blowing simply by looking at the banner ad at the top of the site: if it’s for an M.B.A. in Sustainable Business, you’re going to hear one thing about ClimateGate; if the ad shows Al Gore with a Pinocchio nose, meanwhile – well, you get the idea.
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 much choice is actually a bad thing, causing decision paralysis and unhappiness.
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 The Map That Changed the World, about the proto-geologist William Smith:
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.
Bring your questions for George Atallah, and follow him on Twitter at @gatallah.
‘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 per pound. (Note: price estimates vary.)
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.
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 schwag.
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 their research.
How quaint.
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 ever seen; nor is the cookbook he is producing like any other that’s been published:
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
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