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Should Bad Predictions Be Punished?

…the supply and demand of predictions. You’ll hear from Joseph Prusacki, the head of U.S.D.A’s Statistics Division, who’s gearing up for his first major crop report of 2011 (the street…









Movie Review Bias: Time Warner vs. News Corp.

(Comstock) Does media concentration lead to biased coverage? A new paper from two Berkeley economists, Stefano Delavigna and Alec Kennedy, studies News Corp. and Time Warner, and approaches the big…



Will First-to-File Hurt Small Inventors?

…major change in the America Invents Act of 2011: a shift in the patent priority rules from the United States’ traditional “first-to-invent” system to the dominant “first-to-file” system. This is…



Taking Risks to Improve Government: Kenya and Georgia

…the Open Government Partnership, launched by US president Barack Obama at the UN General Assembly in September 2011. In a Q&A, Dr. Bitange Ndemo, Kenya’s information and communications minister, discusses…



Predicting the Nobel Prize

Photo: BlatantWorld.com Next Monday, the Nobel Prize Committee will announce the recipient(s) of the 2011 Nobel Prize in Economic Sciences. If you think you know who’s going to score this…




The Incomprehensible Jargon of Science

(iStockphoto) We blogged recently about the challenges of communicating scientific uncertainty to the public, especially when it comes to climate science. The October 2011 issue of Physics Today contains yet…



If You're Looking for a Deal on Tuition…

…a reduction of $5,500 or 22% from 2011-12 tuition of $25,000. Tuition for new freshmen and undergraduate transfer students will be $19,500. Tuition for returning undergraduates next year will be…



The World's Most Expensive Photograph

…in 1999 by German artist Andreas Gursky, beat out Cindy Sherman‘s previous photo auction record of $3.89 million in May, 2011. We can’t repost an image of it, copyright and…



Finally, an Investment Worth Making

…based on 2011 sales at STR Marketplace, a website authorized by the Steelers to allow fans to buy and sell seat licenses. A seat license that went for $500 in…






“Football Freakonomics”: Tebow Timing

…October 30, 2011. (Photo: One of the arguments both for and against Tim Tebow as a viable, long-term NFL starter is the idea that he should simply not be doing…



"Football Freakonomics": Incentives

…in guaranteed money. Then came the lockout, and a new deal between the owners and players. In 2011, the top three picks (Cam Newton, Von Miller, and Marcell Dareus) each…



Learning From the Last Great Mortgage Mess

We’ve had the good fortune over the last few years here at the blog to bring you occasional nuggets from University of Arizona economist Price Fishback, whose research on the…



What Should Scare You More: Sharks or Big TVs?

…many magazines. Now comes news that fatal shark attacks in 2011 “reached their highest level in two decades,” with 12 deaths. But my guess is that this won’t inspire another…