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…to make a rational calculation, but with poor results. Even mathematically-skilled individuals like finance professionals or computer engineers had little clue. Two thirds of the households never even dreamed of…
…to make a rational calculation, but with poor results. Even mathematically-skilled individuals like finance professionals or computer engineers had little clue. Two thirds of the households never even dreamed of…
A study by sociologists Diego Gambetta and Steffen Hertog reveals that engineers are “three times more likely to become violent terrorists than their peers in finance, medicine, or the sciences,”…
The restaurant business model is warped: kitchen wages are too low to hire cooks, while diners are put in charge of paying the waitstaff. So what happens if you eliminate…
…one-in-four households underwater and unable to withdraw home equity to finance consumption, a slow suburban housing recovery bodes poorly for short-run growth in aggregate demand and a broader economic recovery….
It’s been a busy week for JPMorgan Chase. It’s only Wednesday, and already the bank has settled one civil fraud lawsuit and been slapped with another one. Both shed light…
…the company’s growth, including auction design, finance, corporate strategy, and public policy. He has also spent a lot of time in the classroom, serving as a professor and former dean…
…rule-of-law protections for the foreign investors and potential residents from foreign countries you’d like to attract to this city. Investors from the rest of the world could finance the infrastructure…
…both property and violent crimes. We proxy time preferences employing: 1) the amount of short-term debt to finance consumption (the consumer credit share); 2) the prevalence of obese people according…
Photo: laverrue A few years ago, a friend of mine who used to work on Wall Street told me that the only stock anyone needed to own was Goldman Sachs….
The economist Anne Sibert hypothesizes that gender inequality in the finance industry is partly to blame for the financial crisis. She points to evidence that men are less risk-averse in…
…Interestingly, the start-up is run by a man who was on Gov. Rick Perry’s re-election finance committee and by another whose father was a previous chancellor of the System (with…
Whaling was, in the words of one scholar, “early capitalism unleashed on the high seas.” How did the U.S. come to dominate the whale market? Why did whale hunting die…
…* No state can receive less than one half of one percent of the spending. No doubt this descent into the minutiae of transportation finance allocation has sent many of…
…– bob A. I do pay taxes, but I haven’t found a way to depreciate my moneymaker. Q. Does the appearance and/or personality of the client affect your state of…
Our co-host is comedian Christian Finnegan, and we learn: the difference between danger and fear; the role of clouds in climate change; and why (and when) politicians are bad at…
…politics, energy consumption, finance, cancer research, etc. One natural way to approach such systems is to take note of what inputs and outputs already exist and then, isolating them, try…
Think you know how much parents matter? Think again. Economists crunch the numbers to learn the ROI on child-rearing.
Tania Tetlow, a former federal prosecutor and now the president of Fordham University, thinks the modern campus could use a dose of old-fashioned values….
Casinos think they can stop skilled gamblers from eking out a tiny edge at blackjack. Is that a losing bet? Zachary Crockett doubles down.
Wolfram Alpha has just launched a free?Widget Builder that lets you easily create widgets to calculate all kinds of things – seamlessly integrating data from the Alpha server.? (I’ve blogged…
There are more than twice as many suicides as murders in the U.S., but suicide attracts far less scrutiny. Freakonomics Radio digs through the numbers and finds all kinds of…
…ways to live with piracy – and even to profit from it. Our book focuses on a number of industries – fashion, food, comedy, finance, fonts, and others – that…
Kidney failure is such a catastrophic (and expensive) disease that Medicare covers treatment for anyone, regardless of age. Since Medicare reimbursement rates are fairly low, the dialysis industry had to…
…… that raising state college tuition is plainly a bad thing. High tuitions mean students will find it harder to finance college — and may not even attend, or may…
…is an analysis by Yale finance gurus?Gary Gorton and?Andrew Metrick, in which they dig into the Shadow Banking system, and provide?a specific proposal for reform: And there were also terrific…
…finance, emeritus, at the Graduate School of Business at Stanford University, in a telephone interview. “But I’m not going to take the blame for the numbers they put in.” If…
Is art really meant to be an “asset class”? Will the digital revolution finally democratize a market that just keeps getting more elitist? And what will happen to the last…
Back in June, 2007, we wrote a column about the research of Itzhak Ben-David, a Ph.D. candidate in finance at the University of Chicago (who has since accepted an assistant…
After Haiti’s devastating earthquake, Rajiv Shah headed the largest humanitarian effort in U.S. history. As chief economist of the Gates Foundation he tried to immunize almost a billion children. He…
James Surowiecki writes about one of this blog’s frequent topics of interest: financial illiteracy. Surowiecki includes insights from Annamaria Lusardi‘s research and Gary Rivlin‘s new book, Broke, USA. He proposes…