The Magic Income Number
What’s the magic income number? According to Angus Deaton and Daniel Kahneman, it’s about $75,000, at least when it comes to day-to-day happiness. “As people earn more money, their day-to-day…
What’s the magic income number? According to Angus Deaton and Daniel Kahneman, it’s about $75,000, at least when it comes to day-to-day happiness. “As people earn more money, their day-to-day…
…can get you fired. In the jargon of behavioral economics, coaches are “loss-averse”; this concept, pioneered by Amos Tversky and Daniel Kahneman, holds that we experience more pain with a…
…you. I know this sounds fishy. Don’t drivers complain about traffic in poll over poll? Isn’t congestion a huge drain on our economy? Haven’t Daniel Kahneman (a Nobel laureate) and…
We’re working on a Freakonomics Radio episode about pain. One component is the very interesting research by Daniel Kahneman and Donald Redelmeier about how colonoscopy patients remember the pain of…
Also: should you feel guilty if you don’t read books?…
Smart government policies, good industrial relations, and high-end products have helped German manufacturing beat back the threats of globalization.
Every 12 years, there’s a spike in births among certain communities across the globe, including the U.S. Why? Because the Year of the Dragon, according to Chinese folk belief, confers…
Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.”…
Whether it’s a giant infrastructure plan or a humble kitchen renovation, it’ll inevitably take way too long and cost way too much. That’s because you suffer from “the planning fallacy.”…
Also: do we subconsciously lie about our major influences?
Bring on the Pain! It’s not about how much something hurts — it’s how you remember the pain. This week, lessons on pain from the New York City subway, the…
Also: Why is it smart to ignore what your podcast hosts look like?…
How much can you tell about someone from the first few seconds of a Zoom call? What did Stephen think of Angie when he first met her? And: a special…
Our latest Freakonomics Radio podcast is called “Would You Let a Coin Toss Decide Your Future?”…
No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle….
No — but he does have a knack for stumbling into the perfect moment, including the recent FTX debacle. In this installment of the Freakonomics Radio Book Club, we revisit…
In this episode of No Stupid Questions — a Freakonomics Radio Network show launched earlier this year — Stephen Dubner and Angela Duckworth debate why we watch, read and eat…
Neil Shubin hunts for fossils in the Arctic and experiments with D.N.A. in the lab, hoping to find out how fish evolved to walk on land. He explains why unlocking…
The Nobel laureate and pioneering behavioral economist spars with Steve over what makes a nudge a nudge, and admits that even economists have plenty of blind spots….
Also: life is good — so why aren’t you happy?
Also: how can we stop confusing correlation with causation?
Why have fertility rates dropped so dramatically? Do fathers or mothers get more happiness from parenting? And how does birth order affect a child’s future?…
…world views to explain the rest. Before I turn to my own explanations, here are two that I got from people I admire. Nobel laureate and Princeton professor Daniel Kahneman…
Jim Yong Kim has an unorthodox background for a World Bank president — and his reign thus far is just as unorthodox.
Seth Stephens-Davidowitz combs through mountains of information to find advice for everyday life….
Jim Yong Kim has an unorthodox background for a World Bank president — and his reign has been just as unorthodox. He has just announced he’s stepping down, well before…
The documentary filmmaker, known for The Civil War, Jazz, and Baseball, turns his attention to the Holocaust, and asks what we can learn from the evils of the past….
Last week, we solicited your questions for Daniel Okrent, the author of Last Call: The Rise and Fall of Prohibition. He has answered your questions with gusto. Big thanks to…
