It's No Major Major Major Major, But …
…minute when it read those words, or did it quickly skip ahead and fill in a blank? (Danny Kahneman writes nicely about this phenomenon in Thinking, Fast and Slow.) Once…
…minute when it read those words, or did it quickly skip ahead and fill in a blank? (Danny Kahneman writes nicely about this phenomenon in Thinking, Fast and Slow.) Once…
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…
You know the saying: “There are no shortcuts in life.” What if that saying is just wrong? In his new book Thinking Better: The Art of the Shortcut in Math…
Also: how can we stop confusing correlation with causation?
Why are humans so eager for magic-bullet solutions? Can you explain how a pen works? And how does Angela feel about being forever branded “the grit lady”?…
What is the cost of admitting you’re wrong? How can intellectual humility make you more open minded? And will Stephen finally persuade Angela that rum-raisin is the best flavor of…
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…
How do kids learn about money? What’s the big problem with education? And who made Raiders of the Lost Ark?…
Levitt rarely interviews advocates, but the founder of the Good Food Institute is different. Once an outspoken — and sometimes outlandish — animal-rights activist, Bruce has come to believe that…
Why does your horoscope seem so accurate? Is it possible to believe and not believe in something at the same time? And is Mike a classic Gemini?…
The left and the right blame each other for pretty much everything, including slanted media coverage. Can they both be right?
Also: would you take a confirmation-bias vaccine?…
Why are great accomplishments often followed by disappointment? Is it better to win and feel bummed out than to never have won at all? And where was ping-pong invented?…
Also: should you feel guilty if you don’t read books?…
Also: What’s the best way to handle rejection?…
When Richard Thaler published Nudge in 2008 with co-author Cass Sunstein, the world was just starting to believe in his brand of behavioral economics. How did nudge theory hold up…
Also: How do you recover from a bad day?…
Why do we use “literally” figuratively? Does conveying an “emotional truth” justify making things up? And are Angela’s kids really starving or just hungry?…
What do the most creative people have in common? How open-minded are you, really? And what’s wrong with ordering eggs Benedict? Take the Big Five inventory: freakonomics.com/bigfive…
Advertisers have always been adept at manipulating our emotions. Now they’re using behavioral economics to get even better.
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…
How is “negative reinforcement” different from punishment? Could positive reinforcement encourage prosocial behavior on a national scale? And what’s the deal with Taiwan’s dog-poop lottery?…
In this special episode of People I (Mostly) Admire, Steve Levitt talks to the best-selling author of Sapiens and Homo Deus about finding the profound in the obvious….
Can denial be a healthy way of dealing with the death of a loved one? What do the five stages of grief misrepresent about mourning? And why does Angie cover…
