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Freakonomics Blog

Preston McAfee Shakes Things Up in Academic Publishing

Most of our blog readers couldn’t care less about refereeing in academic publishing. And they should be thankful. For a tenure-track economist, getting published is a brutal process. You spend a year or two coming up with an idea, try to think over every aspect of the problem, collect and analyze data, and finally produce a 30-page paper summarizing all . . .



And Today Is…

On July 31, 1914, officials shut down the New York Stock Exchange following news that Germany had declared Kriegsgefahrzustand (defined as an “imminent-danger-of-war situation“) while Austria and Turkey were already mobilizing.



The FREAKest Links: Pay Kidneys Forward Edition

Here’s a unique solution to the problem of incentivizing organ donations: ABC News reports that a chain of kidney transplants has been started by a 28-year-old father of four, who donated his kidney to a stranger he found online. His generosity led the recipient’s husband to donate to another stranger, whose mother is now donating, and so on. Miguel Helft . . .



Saving the Rhinos: an Addendum

Last week, we offered several different views on ideas to save the African rhino. Ray Fisman, one of the participants, has followed up with another take: Pretty much any policy prescription that an economist will propose will have incentives at its core. In rhino conservation, economists’ mania for incentives would translate most directly into policy through programs that reward communities . . .



Dangerous Ideas

I once had the honor of sharing a meal with Steven Pinker. He was as fun and brilliant in person as he is in his writing. The Chicago Sun-Times recently published a piece by him (which we’ve mentioned before) that’s also the preface to a book entitled “What is Your Dangerous Idea? Today’s Leading Thinkers on the Unthinkable.” The article . . .



More Spam

I wrote last week about the “invitation” I received to give an interview that would only cost me $3,995. Today I get another amusing spam email. This one is from Worldwide Law Enforcement Consulting Group, Inc. They are putting on a conference. There was nothing notable about the email, except for this one line: DUE TO GREAT RESPONSE EARLY REGISTRATION . . .



A Modest, Rational Proposal

Nick Kristoff‘s OpEd column in today’s New York Times (sub. req’d) will set to racing the hearts of many readers of this blog. His column is about voting, and he makes several points that would not get much of an argument from a roomful of economists. (Wait, scratch that: there is nothing that a roomful of economists will not argue . . .



And Today Is…

July 30 is Father In Law’s Day. Recently exonerated terrorist suspect Mohammed Haneef, however, may not be inclined to celebrate: he was given a one-way plane ticket out of Australia by his father-in-law that was later used as evidence against him.



Straight Talk About Book Publishing From John McCain

From a Q&A with John McCain in today’s N.Y. Times Magazine: Q. Well, maybe you will strike it rich with your coming book, “Hard Call: Great Decisions and the Extraordinary People Who Made Them.” How did you have time to write a 450-page look at history? A. Mark Salter, my co-writer, did it. What we usually do is use a . . .



The FREAKest Links: John Jermajesty Jingleheimer Smith Edition

For those seeking a little variety in the name department, the U.K. Times ranks the fifty “craziest celebrity baby names,” including such gems as “Aurelius Cy,” “Fifi Trixibell,” “Moxie CrimeFighter” and “Jermajesty.” Lucky for them, none of the featured celebrity parents live in Malaysia. Reader John Wilson alerted us to his blog, WhereIsJohnWilson, which documents his quest to have his . . .



Why Legalizing Sports Doping Won’t Work

Yesterday, I posted a short piece called “Should We Just Let the Tour de France Dopers Dope Away?” It wasn’t an outright call for legalization of sports doping, but I wanted to put the idea on the table. Well, Joe Lindsey, a contributing writer for Bicycling magazine, wrote in to say that there are a lot of compelling reasons to . . .



Justin Wolfers’s Solution for Gambling Scandals: More Gambling

The economist Justin Wolfers, who has turned up on this blog more than a few times, has an interesting OpEd in today’s New York Times about the N.B.A. referee-gambling scandal. Wolfers is a sensible choice since he wrote a widely discussed paper about point-shaving in NCAA basketball and an even more widely discussed paper about racial bias among NBA referees. . . .



What an Honor, and It Only Costs $3,995

After Freakonomics got popular, it was unbelievable how many interview requests/invitations I received. I don’t think I’m exaggerating in saying there were at least 10 per day for a year, or over 3,500 in that time. Now I get “only” three or four a day. Needless to say, I got really good at saying no, much to the chagrin of . . .



And Today Is…

July 27 is the 8th annual System Administrator Appreciation Day, described on the SysAdminday Web site thusly: “[I]f you can read this, thank your sysadmin — and know he or she is only one of dozens or possibly hundreds whose work brings you the email from your aunt on the West Coast, the instant message from your son at college, . . .



Mick Jagger, Profit Maximizer

Today is the birth date of Michael Philip Jagger, known to the world as Mick. As true fans know, Jagger isn’t just the long-tenured front man of the Rolling Stones; he was also a student of finance and accounting at the London School of Economics. He did not graduate from LSE, however; he attended for just a short time. I . . .



The FREAKest Links: The Furry Reaper Edition

Via CNN.com: In the current New England Journal of Medicine, Brown University assistant medical professor David Dosa profiles Oscar, a cat in a Rhode Island nursing home who has demonstrated an ability to predict when patients will die. His means of communicating an approaching demise is uniquely feline: he curls up and naps next to those close to death. (Hat . . .



The Campaign Finance Bottom Line

Do you ever wonder why the media covers election campaigns so vigorously? Is it really necessary to know what each of the dozen-plus major-party early presidential candidates are doing on a daily basis, and what’s going on among their campaign staffs, and what their spouses like to eat and what sports their kids like to play? It may just be . . .



Should We Just Let the Tour de France Dopers Dope Away?

Now that virtually every cyclist in the Tour de France has been booted for doping, is it time to consider a radical rethinking of the doping issue? Is it time, perhaps, to come up with a pre-approved list of performance-enhancing agents and procedures, require the riders to accept full responsibility for whatever long-term physical and emotional damage these agents and . . .



And Today Is…

July 26 is All Or Nothing Day, described by Kidzworld.com as “the day to give something your all or don’t even bother.” Sound advice, assuming that that “something” isn’t betting on NBA games you are also officiating.



The FREAKest Links: Cold Case and Hot Button Edition

At Psychology Today, Carlin Flora examines the personal and social effects of rejection, noting that “rejection sensitivity” is on the rise (in conjunction with increasing depression rates). The result, she says, is that we pay “a collective cost of individual hypersensitivity to rejection. People become unwilling to take even the smallest social risks … Public life shrinks and civil society . . .



The Full Tilt/CNN Phishing Scam, Resolved

Last night, Levitt posted this discovery of what seemed like a phishing expedition (and revealed to the world his late-night poker habits). As of 9:10 a.m. today, the site in question (http://www.fulltilt-cnn.com) was down. (Back when we wrote a column about Steven Peisner and identity theft, a fake Bank of America site was also summarily disabled, showing that if nothing . . .



The Man Behind Tyler Cowen, and Freakonomics Too

Regular readers of this blog know how much we admire Tyler Cowen, especially for the Marginal Revolution blog he keeps with fellow George Mason University economics professor Alex Tabarrok. You may also remember some fulsome words of praise on this blog for Cowen’s forthcoming book, Discover Your Inner Economist. There is a really good profile of Cowen in this week’s . . .



And Today Is…

July 25 is Thread the Needle Day, referring both to sewing and the aphorism “to thread the needle,” meaning “walk a fine and difficult line between two things or issues,” according to HolidayInsights. An appropriate segue into Natural Family Planning Awareness Week.



Am I Crazy, or Is This a Great Idea for a Scam?

I was playing poker at Full Tilt Poker tonight when across the chat board comes an official-looking message saying that an employee of Full Tilt was arrested for stealing $200,000. The message says for full information go to http://www.fulltilt-cnn.com. (Don’t go clicking on things there until you read further!) The URL seemed fishy. So I went to Google News and . . .



The FREAKest Links: Use MySpace, Lose Your Identity Edition

Following Steve Peisner’s infiltration of the Texas state database, BBC News reports that Equifax, a credit information service, is warning that users of social networking sites are heightening their risk of identity theft by putting too much personal information on their MySpace and Facebook profiles. Via the New York Times: Despite efforts by U.S. communications companies to bring high-speed Internet . . .



And Today Is…

July 24 is Amelia Earhart Day, commemorating the flight pioneer’s birth date on July 24, 1897. Ten years ago, the International Group for Historic Aircraft Recovery launched The Earhart Project, a non-profit investigation that is still piecing together conclusive evidence of Earhart’s disappearance in 1937.



A Freakonomics Quorum: How to Save the African Rhino?

A reader named James Thompson recently sent in a request for help in solving a wildlife conservation problem. We decided to put the question to a set of diverse, smart people we know or tracked down, who might have particular insights to this particular problem. As such, we bring you the inaugural Freakonomics quorum, composed of the following group: the . . .



An Unusual Airport Occurrence

I was at O’Hare airport yesterday and saw something very unusual: a person actually using a pay phone. Airports have enormous numbers of pay phones which, if you observe them, go virtually untouched. At best you will see a senior citizen using one from time to time (as I did yesterday). The pay phone is one invention whose time has . . .



And Today Is…

July 23 is Mosquito Day, prompting one business-promotion site to see an opportunity for some customized sales: “Your clients will be glad to zap these irksome critters with customized mosquito repellant or bug-shaped fly swatters.” Not terrible advice, given L.A.’s recent West Nile outbreak.



I Think I Know What Justin Wolfers Is Doing Today

News reports yesterday say the FBI is investigating an NBA referee who allegedly bet on games that he was calling. This is a perfect problem for an economist to answer with data, and the obvious man for the job is Justin Wolfers, who has written papers on NBA referees and on point shaving in basketball! Message to Justin: Freakonomics blog . . .