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Sign Up for a Prediction Tournament

…minimum time commitment would be several hours in passing training exercises, grappling with forecasting problems, and updating your forecasting response to new evidence throughout the year). The primary motivation for…






The Orwellian Efficiency of a "Being Fat" Tax

…fats but also reduce exercise (as this study from the Journal of Political Economy suggests). Both substitutions make consumers worse off as they deviate from their preferred consumption bundle and…




The Positive Effects of a Higher Alcohol Tax

…estimates of the price elasticity and lives saved in each state. We repeat this exercise for other injury-fatality rates, and for nine categories of crime. For each outcome, the estimated…



Does This Recession Make Me Look Fat? (Ep. 61)

…Dave, an economist at Bentley University, has found evidence on exercise and eating habits during economic downturns that could conflict with Ruhm’s finding. Obesity plainly has many contributing factors and…



Are We Living in a Loss-Averse World?

…wants to believe) that behavioral economics has a lot to teach us about real-world investing behavior. The money quote: “What you’re seeing is a gigantic exercise in behavioral finance,” says…



The Rise of the Prize

…a true global exercise in open innovation. And in the end, it was a self-educated English watchmaker, John Harrison, who found a down-to-earth solution. His invention, a marine chronometer, ultimately…



Who Lived in Your House in 1940?

…but please also share what you learn in the comments. I found it a fun and somewhat challenging research exercise. And as you’ll see, it’s not easy reading 1940 handwriting!…



Long Commutes: Bad for the Heart

…The study didn’t specifically examine diet, exercise, or sleep habits, but Hoehner suggests they may be to blame. “It could just be a function of having less discretionary time to…



FREAK-est Links

The Associated Press wants prostitutes to stay away from its D.C. bureau. Are CEOs with military experience more honest? The relationship between reading and being skinny. Can exercise be bad…



Pedaling and Charging

…in classifying activities: Was it work or was it leisure (exercise), to pick two of the major aggregates that I use in my research? Was it an investment of time…




It Really Is All About the Players

…to 2016. What this exercise does show, though, is that it is possible to construct a team that is almost as productive – in terms of WP48 – as the…




The Absurdity of U.S. Air Travel: Baggage Fees

…society? Baggage charges are part of a larger change: Air travel, even economy class, was once a joy; now it’s an exercise in stoicism. Bring back the Civil Aeronautics Board!…




When Is a Negative a Positive? (Ep. 117)

…to learn what kind of feedback works best with cardiac patients: FINKELSTEIN: So these are patients who have just had their first heart attack and there’s a lot of question…



The Telltale Signs of Corporate Fraud

…inattentive monitors due to their status as foreign or “busy.” When directors resign, they are often not replaced, and new auditors are rarely engaged. Cartel managers exercise their stock options…



Is It Unethical to Not Hire Smokers?

…innocent, everyday lifestyle choices; some choices, such as those regarding diet and exercise, may affect cancer incidence as well as rates of diabetes and heart disease. And: Finally, although less…




Anthony Weiner's Sunk Costs?

…doesn’t strike me that Weiner’s continuing to run is really about sunk cost. Modern politics is so often an exercise in ego, hubris, and narcissism — and if I were…



Lessons From a No-Tipping Restaurant

…where the angry came out. A certain small number of very vocal men (and it was always men) resented that we were not letting them try to exercise additional control…



Is the "Bing It On" Challenge Lightweight?

…now say that “Bing It On” is meant to be a “lightweight way to challenge people’s assumptions about which search engine actually provides the best results.” To be sure, companies…



Democracy: Should We Bother?

…the condemnation resolution, the Division of Highways began clearing the property. The apparently sensible response to this arbitrary exercise of authority has been the rise of public power and participation,…



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Episode 1

Did Covid-19 Kill the Handshake?

Also: why can’t humans handle uncertainty already?…

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Episode 469

The U.S. Is Just Different — So Let’s Stop Pretending We’re Not

We often look to other countries for smart policies on education, healthcare, infrastructure, etc. But can a smart policy be simply transplanted into a country as culturally unusual (and as…

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Episode 3

What Does It Mean to Be a “Hard Worker”?

Also: how does age affect happiness?…