An Apparent Non-Money Pricing Anomaly
…to free parking days. The incentives for redeeming the points are bizarre: Garage 2500 points Close In 2500 points Long Term 2500 points The “price” of a free parking day…
In restaurants and in life, bad things happen. But what happens next is just as important.
In one of the earliest Freakonomics Radio episodes, we asked a bunch of economists with young kids how they approached child-rearing. Now the kids are old enough to talk —…
…to free parking days. The incentives for redeeming the points are bizarre: Garage 2500 points Close In 2500 points Long Term 2500 points The “price” of a free parking day…
The U.S. president is often called the “leader of the free world.” But if you ask an economist or a Constitutional scholar how much the occupant of the Oval Office…
…player is only paid what he is worth in the free agent market. And a player can’t be a free agent until he has played six years. This means that…
…tolling only portions of facilities while leaving the remainder of them au naturale. Were, say, two lanes of a four-lane freeway tolled and flowing and the other lanes free but…
…on-site.” Carl wanted to make a single point: he felt cops should have the freedom to act as “judge on-site.” (See Chance‘s comment, #6.) Carl preferred working in poor communities…
…of his Dubai experience). Peter has just published the book Free-Market Madness, in which he combines both of his areas of expertise. The book’s focus is a critique of unfettered…
…it comes to obesity legislation, there is no such thing as a free lunch. Getting junky foods out of schools, for example, will not only hurt food companies, but also…
Enrollment is down for the first time in memory, and critics complain college is too expensive, too elitist, and too politicized. The economist Chris Paxson — who happens to be…
Discrimination can’t explain why women earn so much less than men. If only it were that easy.
…to make people’s lives go better; Republicans respond that people know more than politicians do. Republicans like to maintain free markets; Democrats respond that free markets can get people into…
…There’s the “freemium” model, with several iterations, in which someone offers a product or service or some portion thereof for free while finding an alternate means to monetize the enterprise….
(iStockphoto) The news that In.Gredients, a “package free, zero-waste” grocery store, will debut in Austin, Texas, is certainly cause for optimism. The store, which will be located on the rapidly…
Two excellent articles about Milton Friedman’s legacy by Brad Delong in Salon.com and my colleague Austan Goolsbee in the New York Times. Friedman published his first academic paper that I…
…offered the company $200 million worth of incentives, reports The Lenoir News-Topic, including sales-tax-free electrical power and computer purchases. When the deal was signed in 2007, some members of the…
…your idea muscle and work hard to come up with ideas that can really help these people. Then send them the ideas for free. Not everyone will respond, but the…
Last week, the board upheld the ban of former President Donald Trump’s social media accounts. Sudhir talks to Noah Feldman, the constitutional law scholar who helped design this “supreme court”…
For most of us, the athletes are what make sports interesting. But if you own the team or run the league, your players are essentially very expensive migrant workers who…
O.K., maybe the steps aren’t so easy. But a program run out of a Toronto housing project has had great success in turning around kids who were headed for trouble.
Back in the day, when people noted that Diet Coke was 99% water, it was an insult. The point was that water was free, and Diet Coke was just free…
Also: is it better to send a congratulatory note to someone who deserves it or a condolence note to someone who needs it?
…me of my 20-year love affair with Totino’s. Why haven’t I been eating them lately? I will have to get some immediately. Maybe I’ll start with the sausage pizza, though….
…same techniques to convince them to eat more nutritious foods.” Predictably, the Yale study attracted critics, most of whom have leveled common gripes: the sample was too small, the study…
…a video of his defection that I could post immediately on the New York Times website. I was delighted but asked what preparations he had made to protect his family…
…It wasn’t exactly my size, but it would do. It was a 1991 model, a Trek, I think. It was in good working condition, it had some newer components, and…
Takeru Kobayashi revolutionized the sport of competitive eating. What can the rest of us learn from his breakthrough?
…Presidential Medal of Freedom. The first person to achieve that honor was Becker’s friend and mentor, Milton Friedman. A few random thoughts on the morning’s events: 1) I knew this…
…large subset of papers from three highly regarded journals. Distributions of p were found to be similar across the different journals. Moreover, p values were much more common immediately below…
