Search the Site

Freakonomics Blog

Bad News for Herbal Medicine?

The British Medical Association calls attention to a new study in the Postgraduate Medical Journal that assesses the efficacy of individually tailored herbal medical treatments. The outcome? “There is no good evidence to suggest that individually tailored herbal medicine treatment works well,” the BMA declares. The nuances here are interesting. While studies on the efficacy of herbal medicine have grown . . .



George Will on Austan Goolsbee, Obama’s Econo-Man

In today’s Washington Post, George Will profiles Austan Goolsbee, a colleague of Levitt’s at the University of Chicago and an economic adviser to Barack Obama. (You can see what we’ve written in the past about Goolsbee here.) Will’s piece contains Goolsbee’s interesting take on imports from China and elsewhere, with facts that I am sure most Americans don’t know: As . . .



More Evidence on the (Lack of) Impact of School Choice

There is no policy economists love more than school choice. Milton Friedman was an early proponent. The idea certainly makes sense: if parents have the ability to choose the best schools for their children, outcomes should improve through both the better matching of kids to specific schools and the resulting competition that would force schools to develop their programs. The . . .



The FREAK-est Links

Excel expert gives away free copies of his books online. (Earlier) Mayor Bloomberg targeted by identity thieves. (Earlier) The Rubik’s Cube World Championships — the next Rock, Paper Scissors? Steve Pinker calls the modern age “the most peaceful time in our species’ existence.” (Earlier)



The Power of TV — or Is It Belly Buttons?

So this was a nice surprise: after I went on Good Morning America today to talk about The Boy With Two Belly Buttons, the book shot up to the No. 1 slot on Amazon’s list of best-sellers for ages 4-8. By the time you read this post, it may have slunk down the list, but for at least half a . . .



Questions About Craigslist? Ask Craig (and Jim)

Raise your hand if you’ve never visited Craigslist. Just as I thought: I don’t see many raised hands out there. In my opinion, Craigslist is one of the most revolutionary elements of the Internet revolution: simple, scalable, useful, powerful, and therefore omnipresent. So I am very happy to announce that Craig Newmark and Jim Buckmaster, the company’s founder and CEO, . . .



The Debate on Female Happiness Heats Up

I blogged a few days back about the interesting new paper by Betsey Stevenson and Justin Wolfers analyzing trends in happiness by gender, and finding statistically significant reductions in how happy women are relative to men. Elsewhere on the Internet, the paper has drawn the ire of a number of bloggers. Stevenson and Wolfers have fired back on Marginal Revolution, . . .



The FREAK-est Links

Does the Internet need replacing? Airport security to focus on remote-control toys. (Earlier) Can cheating in online games be stopped? (Earlier) Woman sues for $1 million over iPhone price cut. (Earlier)



Contest: What’s Your Favorite Children’s Book, and Why?

I am scheduled to appear on Good Morning America tomorrow (Wed., Oct. 3), at about 8:30 a.m. E.D.T., to talk about my new kids’ book, The Boy With Two Belly Buttons. I have no delusions about my chances of success as a children’s author. (They are slim.) Nor do I have any delusions about why I, a first-time kids’-book author, . . .



FREAK-TV: Is the Law of Unintended Consequences the Strongest Law Around?

Video The Americans with Disabilities Act was considered landmark legislation. Here’s a summary of the law from the Department of Justice Web site: The Americans with Disabilities Act gives civil rights protections to individuals with disabilities similar to those provided to individuals on the basis of race, color, sex, national origin, age, and religion. It guarantees equal opportunity for individuals . . .



How Much Do You Think Paul Feldman Will Pay for the New Radiohead Album?

In Freakonomics, we wrote about Paul Feldman, an economist turned bagel delivery man who began charging his customers based on the honor system. From the experiment, he found that, all in all, people were pretty honest. Now the band Radiohead is borrowing a page from Feldman’s playbook, but on a much grander scale. One of the most popular bands in . . .



The FREAK-est Links

Is the cutthroat college process good for kids? (Earlier) Smuggling ring busted for cashing in on out-of-state cans. (Earlier) What’s the most important psychology experiment that has yet to be performed?



Why Are Women So Unhappy?

I saw Justin Wolfers a few weeks back, and I joked with him that it had been months since I’d seen his research in the headlines. It didn’t take him long to fix that — he and his partner in life and economics, Betsey Stevenson, made the news twice last week. The first time was in the form of an . . .



Nearly Thirty Years Later, My First (and Last) Golf Victory

I played in my first golf tournament just after I turned thirteen years old. I emphasize the “just after” part because I have the worst golf birthday in the world: late May. I was always the youngest kid playing in my age bracket, as well as the smallest one. As Dubner and I have discussed in the past, the work . . .



The FREAK-est Links

Does file sharing really have no effect on record sales? (Earlier) Four men charged with selling steroids on MySpace. (Earlier) Consultants build a business around “nonverbal cue” coaching. Smaller Volvo marketed to new group of “enlightened consumers”.



Whom Do You Want to Hear From?

Of all the changes we’ve made to this blog in recent months, my favorites are the reader-generated Q&A’s (here’s a recent example) and our Freakonomics Quorums (the most recent of which was about the future of the music industry). (I also love the “Freak-TV” videos that Nick Graham is making, but they are kind of hard to view right now, . . .



The Next Crime Wave is Upon Us, Right?

The following are headlines from this week’s major newspapers following the release of official 2006 crime statistics: From the Washington Post: Violent Crime, a Sticky Issue for White House, Shows Steeper Rise From the Los Angeles Times: Violent Crime Rises Again From the Philadelphia Inquirer: Rise in Violent Crimes is Higher than Expected It is official. The next crime wave . . .




The FREAK-est Links

Two arrested in “money-making potion” scam. (Hat tip: Consumerist) Are economists incapable of cognitive dissonance? Meteorite crashes in Peru, causes panic. Cigarette merchants sued for selling knockoff Marlboros.



FREAK-TV: Name Your Kid Fido If You Want

Video The latest FREAK-TV video features Levitt discussing the ever-interesting topic of naming your kid. We have had many people write to us since the book came out to say they chose their baby’s name (or, just as often, rejected a name they were considering) based on the data in our book. What nobody knows (until now) is that one . . .



An Earthquake Hits Amazon’s Sales Ranking

Anyone who’s ever written a book — and these days, who hasn’t? — can tell you that watching your sales rank on Amazon.com can be a pretty fun sport. But something happened recently that made it a lot more fun for some people, and a lot less fun for others. I noticed the change the other day when I checked . . .



Do Newspapers Use Economic News to Sway Public Opinion?

As Levitt has noted in the past, media bias is a hot topic among some economists. Typically the bias is reflected in a paper’s reporting (as Dubner pointed out here). But can newspapers also influence public opinion based on their coverage of economic matters? That’s the question addressed in the working paper “Partisan Bias in Economic News: Evidence on the . . .



The FREAK-est Links

Women falling behind men in levels of happiness. (Earlier) Recyclable trash now a theft-worthy commodity. Are annual physicals really necessary? A Fed-to-English translation manual.



Arthur Frommer Answers All Your Travel Questions, and Then Some

Arthur Frommer Last week, we solicited your questions for travel pro Arthur Frommer. Thanks for the strong response and thoughtful questions. As for Arthur’s answers, below — well, they are IMHO fantastic. Now I see why his books are so popular. He is opinionated, colorful, informed, passionate, and a few dozen other things. We hope you enjoy. Q: As the . . .



A Good News/Bad News Day for the Nuclear Energy Industry

We wrote recently about nuclear energy in the U.S. — how, after much early promise, the industry faltered badly but now seems poised for a renaissance. (Here is some supporting evidence for the column.) Two related stories broke yesterday, one of which is good news for the nuclear industry. The other is probably — hopefully — not very consequential in . . .



The FREAK-est Links

Do restaurants blacklist black customers? (Earlier) Higher emissions standards could give car inspectors more incentives to cheat. New Broadway play puts game theory into action. (Earlier)



Salvation for a Chronically Late Adopter

Two weeks ago, I blogged about my inability to recognize how new technologies would change my life for the better. I typically wait years to adopt things, then do so grudgingly, only to find within days that I don’t know how I ever lived without them. I asked our readers to offer suggestions about my next life-changing technology. The enticement: . . .



The Boy With Two Belly Buttons

I first became a published writer at age 11, when a poem that I wrote for school (“The Possum”) appeared in Highlights magazine. While I have since written about thieves, terrorists, and even economists, I guess it is fitting that I have finally written a children’s book. It’s called The Boy With Two Belly Buttons, with illustrations by the remarkable . . .



The Bright Side of Crime

Note: There is a new research assistant here in the Freakonomics office, and his name is Ryan Hagen. He’s 24 years old, a graduate of N.Y.U. (he majored in English and American literature), and for the past two years he’s worked as a research associate for N.Y.U.’s Center for Catastrophe Preparedness & Response. We are very happy to have him . . .



The FREAK-est Links

Man who “sold his soul” on e-Bay speaks out. (Earlier) Baby named “Wrigley Fields” by Cub fan parents. (Earlier) Low on pork, China opens its strategic pig reserves. Can 25 divided by 5 equal 14? Spot the faulty logic.