An Economist on the Oscars
…of this industry, the Avengers was ignored by the Oscars. Perhaps this is just because I am an economist, but this strikes me as odd. Movies are not a product…
A lot of the conventional wisdom in medicine is nothing more than hunch or wishful thinking. A new breed of data detectives is hoping to change that.
Economists preach the gospel of “creative destruction,” whereby new industries — and jobs — replace the old ones. But has creative destruction become too destructive?
…of this industry, the Avengers was ignored by the Oscars. Perhaps this is just because I am an economist, but this strikes me as odd. Movies are not a product…
Christmas and economists go together like — well, like drinking and walking. Joel Waldfogel, the economist who is famous for highlighting the deadweight loss of gift-giving, has a new book…
You wouldn’t think you could win a Nobel Prize for showing that humans tend to make irrational decisions. But that’s what Richard Thaler has done. The founder of behavioral economics…
With the magazine industry in bad shape, newsweeklies are trying to imitate the one freakishly successful exception: The Economist. In a Vanity Fair article, Matt Pressman outlines four reasons why…
We all like to throw around terms that describe human behavior — “bystander apathy” and “steep learning curve” and “hard-wired.” Most of the time, they don’t actually mean what we…
Societies where people trust one another are healthier and wealthier. In the U.S. (and the U.K. and elsewhere), social trust has been falling for decades — in part because our…
We all like to throw around terms that describe human behavior — “bystander apathy” and “steep learning curve” and “hard-wired.” Most of the time, they don’t actually mean what we…
Since doctors are human, they bring their own beliefs and preferences into the examining room. But they’ve also taken an oath to act in the best interest of all patients….
Can you diagnose cancer too early? Do in-flight medical emergencies vary by location? We asked you to send Bapu your questions, and this week he tries to answer them. We’d…
Are we using technology to make ourselves numb? What’s the downside of air conditioning? And was Angela the most annoying person in her college classes?…
We recently solicited your questions for “baseball economist” J.C. Bradbury, author of the new book Hot Stove Economics. His responses show great range. The most fascinating answer, in response to…
…fired off some questions to sports economist Dave Berri, who was kind enough to offer some quick responses. Three quick questions on the NFL CBA: 1. Will the lockout impact…
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…
Even a brutal natural disaster doesn’t diminish our appetite for procreating. This surely means we’re heading toward massive overpopulation, right? Probably not.
Steve usually asks his guests for advice, whether they’re magicians or Nobel laureates. After nearly 60 episodes, is any of it worth following — or should we just ask listeners…
Boosters say blockchain technology will usher in a brave new era of decentralization. Are they right — and would it be a dream or a nightmare? (Part 3 of “What…
It’s hard to know whether the benefits of hiring a celebrity are worth the risk. We dig into one gruesome story of an endorsement gone wrong, and find a surprising…
Economist Steve Levitt says he would love it if his daughter grows up to be a professional player like Annie Duke, winner of the World Series of Poker Tournament of…
It used to feel like magic. Now it can feel like a set of cheap tricks. Is the problem with Google — or with us?…
…in-state tuition and fees at public four-year institutions average $8,244 in 2011-12, $631 (8.3 percent) higher than in 2010-11. Average total charges, including tuition and fees and room and board,…
…to the Miami Heat. March 5, 2011: Jersey Shore’s Mike “The Situation” Sorrentino gets booed offstage in his roast of Donald Trump. April 2, 2011: Charlie Sheen is booed in…
…of 2011, that means some 16,953 people died during the whole of 2011—a staggering toll that is far higher than the rate of combat-related deaths in Afghanistan. Some 15,273 people…
…2011, the same level as 2010. Meanwhile, earlier this month, the National Highway Traffic Safety Administration projected that overall motor vehicle fatalities declined 1.7 percent in 2011, reaching their lowest…
Economists are often asked – and perhaps, just as often just volunteer – to make predictions. This is odd, since – as the old joke goes – economists only seem…
In 2010, CBS and Turner Broadcasting agreed to pay $10.8 billion to broadcast the NCAA men’s basketball tournament from 2011 to 2024. As a result of this contract, fans of…
As a former top adviser to presidents Clinton and Obama, he believes in the power of the federal government. But as former mayor of Chicago, he says that cities are…
Only 5 percent of Fortune 500 companies are run by women. Why? Research shows that female executives are more likely to be put in charge of firms that are already…
Experts and pundits are notoriously bad at forecasting, in part because they aren’t punished for bad predictions. Also, they tend to be deeply unscientific. The psychologist Philip Tetlock is finally…