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Freakonomics Blog

The Hidden Side of Rail Travel

| North Korea launched a threatening-looking rocket over the weekend. It crashed harmlessly into the sea. Wonder what North Korea actually looks like on the ground these days? Two Austrians recently entered the country by train, through a border crossing that has been closed to tourists since 1994, and took these rare and fascinating photos of life in the Hermit . . .



Am I Under Arrest, Your Majesty?

Why are these ominous British posters (photographed by David Byrne) informing you of your rights? Photo: David Byrne A stylistic riff on the “Keep Calm and Carry On” posters from the Blitz, these new posters are a publicity campaign for a promise by police to be more engaged with their communities. The evidence is mixed on whether or not community . . .



Orange Juice, Black Eye

| To ring in the new year, Tropicana rolled out a weird, minimalist, futuristic redesign of its iconic orange juice cartons. Sales immediately plunged 20 percent, and after just two months on the market, Tropicana scotched the redesign. The quick rollback is all but unprecedented. Why did people react so negatively? After all, the design switch, from an image of . . .



Lunch-Hour Viewing

| We can’t decide whether this blog is best before, during, or after lunch: delicious sandwiches, brought to your screen by an ordinary scanner. Naturally, it’s called scanwiches. (HT: Liz Bloomfield) [%comments]



FREAK Shots: How's Your Riot Insurance?

Chris Markl Chris Markl Reader Chris Markl emailed us these photos of signs from Nairobi offering insurance against political violence, terrorism, and riots. If Sudhir Venkatesh is right, we probably won’t be seeing similar insurance pitches in the U.S., though maybe London could use them. Markl wonders why another type of insurance isn’t offered in the U.S. by now: the . . .



Being Poor Is Getting Harder

| Eight states are proposing that people get tested for drugs before receiving government assistance. Proponents say it’s a health issue but, as demand for these programs surges, it surely sends a different kind of message. Meanwhile, a bill in the Tennessee Legislature would cap lottery winnings at $600 for people on public assistance. Considering that poor people play lotteries . . .



Leave the Copper, Take the Syrup

| Before the crash of 2008, when commodity prices for everything from oil to copper to lead were at record levels, the news was rife with stories of odd thefts. Manhole covers went missing, stolen and sold off to scrapyards. Foreclosed homes were stripped of their copper wiring and pipes. Lead roof tiles were pilfered from churches. Bruce Schneier has . . .




If You Like Indicators, Keep Your Laggards and Leaders Separate

So much of the casual conversation I hear about the direction of the economy is downright confused — not only because the economy is legitimately confusing, but because people don’t know what metrics to keep their eye on, and especially because they jumble their leading and lagging indicators. This Associated Press article on the state of the stock market reminds . . .



Penn Jillette on Obama's Economic Policy

I don’t usually turn to magicians for commentary on economic policy (maybe I should), but I enjoyed this piece immensely. Storytelling is an art — one which Jillette has obviously mastered.



The "Bottom Billion" Economist Answers Your Questions

Paul Collier Last week, we solicited your questions for award-winning Oxford University economist Paul Collier, author of The Bottom Billion and the just-published Wars, Guns, and Votes: Democracy in Dangerous Places. In his answers below, Collier talks about why the impact of colonialism on Africa is exaggerated, how African countries are “too big to be nations, yet too small to . . .



Zillow Says Real-Estate Market Not as Bad as It Looks

Newspaper headlines earlier this week reported a dramatic 19 percent decline in housing prices based on the Case-Shiller index of real-estate prices. Stan Humphries, writing on the Zillow blog, notes that Zillow’s price index didn’t fall as much as Case-Shiller. The difference is that Zillow’s index does not include foreclosures, but Case-Shiller does. Humphries notes that a staggering percentage of . . .



If You're Reading This at Work …

| … you’re probably 9 percent more productive than your co-workers — unless you’re an internet addict. That’s according to new research out of the University of Melbourne, which found that Workplace Internet Leisure Browsing (WILB) improves productivity by giving internet-centric workers a chance to refocus their minds between tasks. The increase is startling; workers who spend as much as . . .



Are Bicyclists Free Riders?

| Do bicyclists contribute their fair share to the transportation network? An Oregon lawmaker thinks not, and has proposed a law requiring cyclists to pay a $54 registration fee every two years. A Portland bike blog interviewed the lawmaker in question, who explained the proposal this way: “[B]ikes have used the roads in this state forever and have never contributed . . .



Quotes Uncovered: Why Don't You Go Find Your Own Quotes?

Quotes Uncovered Here are more quote authors and origins Shapiro’s tracked down recently. Who Wanted the Least Government? Did Emerson Define Success? Why Go To Hell Via Handbasket? Eleven weeks ago, I invited readers to submit quotations for which they wanted me to try to trace the origins, using The Yale Book of Quotations and more recent research by me. . . .



"The World Does Go On, It Just Looks Terrible"

| Blackstone CEO Stephen A. Schwarzman gave a fascinating talk at the Japan Society recently, on the nature of the financial crisis, the importance of financial regulations, and how the internet and the 24-hour news cycle complicate the recovery. You can watch the talk here. [%comments]



Crossroad Blues

Do you think the trials of your evening commute deserve national recognition? To check whether you deserve some sort of medal for your daily automotive heroism, see Forbes.com‘s interesting recent feature on the most congested intersections in America. “There’s some glory in that; some day they will be able to dazzle their grandchildren with tales of their daily battles with . . .



A Sin Tax on Video Games

| Reason.com offers a nationwide roundup on (mostly stillborn) efforts at the state level to levy a sin tax on video games. Some proposals aim to tax only violent games (who knows it if would affect the forthcoming adaptation of Dante’s Inferno, in which sinners are the exclusive targets of horrific violence). Seriously, though, one can see the populist appeal . . .



"Our Rollers Are Worried"

The new tax hike on tobacco products went into effect yesterday. There are few better examples for Econ 1, and the players involved clearly understand the issues. For cigars, my smoke of choice, the tax on good domestically produced cigars rises from 5 to 40 cents. “Many of our rollers are worried,” Hector Ventura, operations manager for El Credito, told . . .



Did Those Sexy Missiles Sell?

| Earlier, we asked blog readers whether an Israeli arms firm could actually sell missiles to India with a Bollywood song-and-dance number. Apparently, they’ve sold quite a few — but despite, not because of the commercial, which reportedly evoked “incredulity and derision” from the Indian public and defense establishment. One senior defense officer told the Times of India: “We are . . .



The Amazing (Subway) Race

| The Chinese city of Guangzhou is set to double the size of its subway system by 2010, with 83 new miles of track at a cost of about $100 million a mile. In New York City, construction of a 1.7-mile tunnel for the Second Avenue subway line, first proposed in 1929, could be completed eight years from now, at . . .



Better Off Dead: A Q&A With the Author of The Tyranny of Dead Ideas

Matt Miller It isn’t hard to think of ideas that were once considered conventional wisdom — “Women shouldn’t vote,” “People should be segregated by race” — but were eventually laid to rest. In his book The Tyranny of Dead Ideas: Letting Go of the Old Ways of Thinking to Unleash A New Prosperity, Matt Miller writes that the country’s biggest . . .



Ten Thousand Dollars for a Music CD?

If Josh Freese‘s music exhibits as much creativity as his marketing, he should have a hit record on his hands. Freese, who was part of Devo in a previous life, has just released a new album. While $10,000 might sound like a lot to pay for a copy of the CD, at that price he will also go on rides . . .



One Great Reply to Our "Favorite Scientist" Query

Yesterday we invited you to tell us your favorite scientists. The replies make for great reading. I would think that for anyone working in the field (science education, publishing, etc.) the answers could also be very useful. One of my favorite lists comes from a reader named Hale McMichael, a University of Texas senior who is “about to graduate with . . .




None of the Recent Posts on This Blog Were April Fools' Jokes …

But this one is. At least I hope so. Otherwise I just lost myself a co-author. Excerpt: Continuing to make bold moves in the first 100 days of his administration, Obama will announce this week two blockbuster appointments to senior positions at the Department of Treasury. Sure to raise eyebrows will be the appointment of University of Chicago economist Steve . . .



An Ingenious Approach to Drug Compliance

Some ideas are just so great I am left in awe. Photo: Christopher Harting As Emily Singer writes in Technology Review that drug-resistant tuberculosis is an important problem, especially in poor countries. After you get TB, you are supposed to take antibiotics for six months to prevent drug-resistant strains of TB from arising. The problem, however, is that the antibiotics . . .



Lose Your Job, Win Six Months of Mortgage Coverage

| Losing your job in this economy is turning out to not be so terrible as long as you’ve bought the right things just beforehand. Suits, cars, airline tickets, and now even condominium mortgages come with unemployment insurance attached. Now if only there were some way to insure your Superfreakonomics pants … [%comments]



Tell Us Your Favorite Scientists

From a reader named Thomas Kennedy comes the following e-mail: I am an economics teacher from Alaska. I can personally list my top 10 favorite actors, top 10 favorite living writers, top 10 favorite rock groups, and even my top 10 living economists and top 10 entrepreneurs; but how many out there can name their top 10 living scientists and . . .



I Fell for Their Data

I fell for a stupid article and turned off my home PC last night. The article says that Americans who leave computers on overnight are wasting $2.8 billion on energy costs per year. It ignores the cost of turning computers off — and having to turn them on again the next morning. Let’s say that process takes five minutes per . . .