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Authors in Trouble

…with factual errors, copied materials not cited, superficialities, glaring omissions and simply invented segments.” Ouch. I haven’t read Carter’s book, and probably won’t get around to it. But I must…



From Horse Power to Horsepower to Processing Power

…only six years later, the miracle innovation is arriving. It is not only feasible with today’s technology but is already being introduced commercially, right under our noses. There is little…




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Episode 27

Daniel Kahneman on Why Our Judgment is Flawed — and What to Do About It

Nobel laureate, bestselling author, and groundbreaking psychologist Daniel Kahneman is also a friend and former business partner of Steve’s. In discussing Danny’s new book Noise: A Flaw in Human Judgment,…


Paved With Good Intentions: The Finalists

…signals — the traffic circles, roulette wheels for adventurous visitors as round and round you go and where you come out only the Lord knows. It’s better than any Six-Flags…



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Episode 175

Why You Should Bribe Your Kids

Educational messaging looks good on paper but kids don’t respond to it — and adults aren’t much better.


A Better Way to Think About Sustainability

…manufacturing, packaging and transportation, product use, and end of life. Electric tea kettles, for example, are an unlikely drain on the environment: In the UK, 97 percent of households have…



Real-Estate Sleight of Hand

…in the Levitt/Syverson real-estate paper and the Duggan/Levitt sumo paper — is really impressive. As always with our N.Y. Times columns, we’ve posted some complementary research materials on the subject….



The Public Library Renaissance

…going to the library. The Boston Globe reports that public libraries around the country are posting double-digit percentage increases in circulation and new library-card applications: Checkouts of books, CD’s, and…



When are High Wine Prices Justified?

…In fact, I make neither one of those claims in the book. Rather, my basic points are these: Evidence has shown that most everyday wine drinkers (not wine professionals) don’t…



How About Them (Wrapped) Apples?

…standard among environmentalists, many of whom have undertaken impassioned campaigns to shroud consumer goods-including food-in less and less plastic, cardboard, and aluminum. But the matter is a bit more complex…




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Episode 381

Long-Term Thinking in a Start-Up Town

Recorded live in San Francisco. Guests include the keeper of a 10,000-year clock, the co-founder of Lyft, a pioneer in male birth control, a specialist in water security, and a…

Everybody Loves Real Estate

…plight of the modern-day real-estate agent. You might be surprised by what they have to say. (As always, there will be a page posted on this site with bonus materials.)…



Freakonomics in the Times Magazine: Payback Time

…lending bank never finds out about. Click here to read the column and here to comment. This blog post supplies additional research materials. Itzhak Ben-David, a Ph.D. candidate in finance…



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Episode 118

Parking Is Hell (Replay)

There ain’t no such thing as a free parking spot. Somebody has to pay for it — and that somebody is everybody.

It Takes a Free Market to Build a Toaster

…a toaster doesn’t mean we’re helpless at all, but rather that we’ve been liberated by free markets. (This is hardly a new argument; consider the pencil, and similar tales.) [%comments]…



The Economic Value of 3D Printing?

…sign. “Aha,” I said, “here is a clear-cut case of a technological change that should reduce long-run average cost (by saving on materials).” And despite the last sentence of the



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Episode 497

Can the Big Bad Wolf Save Your Life?

Every year, there are more than a million collisions in the U.S. between drivers and deer. The result: hundreds of deaths, thousands of injuries, and billions in damages. Enter the

Further Evidence for the Shangri-La Diet?

…acid found in abundance in olive oil and other “healthy” unsaturated fats has yet another benefit: it helps keep the body satisfied to prolong the time between meals. A new…



Has the Pill Led to an Increase in Prostate Cancer?

compounds (EDCs) and their association with diseases of increasing incidence such as breast cancer (men and women), early onset puberty and testicular cancer. EDCs include a variety of compounds used…



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Episode 28

Why Do We Hoard?

Also: Do you spend more time thinking about the past, the present, or the future?

Please buy gas!

…ARE FORCED TO RAISE THEIR PRICES, TRUCKING COMPANIES ARE FORCED TO RAISE THEIR PRICES WHICH EFFECTS PRICES ON EVERYTHING THAT IS SHIPPED. THINGS LIKE FOOD, CLOTHING, BUILDING MATERIALS, MEDICAL SUPPLIES…



Philip Rosedale Answers Your Second Life Questions

…supply of Linden dollars? [Some virtual worlds do.] Are they Keynesians? Monetarists? Does the economy experience inflation? A: We don’t have an economist on staff yet, but we’d love to…



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Episode 147

The Most Dangerous Machine

More than 1 million people die worldwide each year from traffic accidents, but there’s never been a safer time to drive.

The Social Science of Raising Happy Kids

…happy. I have no idea if they’ve come up with the right answers, but they’ve put together a wealth of interesting materials for parents at the Greater Good Science Center….



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EXTRA

Remembering Daniel Kahneman

Nobel laureate, bestselling author, and groundbreaking psychologist Daniel Kahneman died in March. In 2021 he talked with Steve Levitt — his friend and former business partner — about his book…

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Episode 6

Nathan Myhrvold: “I Am Interested in Lots of Things, and That’s Actually a Bad Strategy”

…(without having ever studied computer science) and then started a company focused on big questions — like how to provide the world with clean energy and how to optimize pizza-baking….