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America: Training Ground for Dictators?

…the press, Jammeh has become known for his eccentricities, including promoting a banana-and-herb cure for AIDS and rounding up those suspected of sorcery. After he was re-elected in 2011 to…




Cheating for Charity

…“At the level of individual differences it has been demonstrated that economists are more willing to cheat,” the researchers write. “This is of some concern given that people with economics…



Did Women and Children Really Go First?

(Photo: Matthias Burch) Here’s a new study to keep in mind if you go to see the 3D rerelease of James Cameron’s Titanic. Economist Mikael Elinder and Oscar Erixson analyzed…






On Not Following Your Own Advice

…last year’s decline, the highest percentage of any of the banks. They lost $570 million in 2011 as the shares plunged 44 percent. Bank of America Corp. (BAC) employees lost…




How We Perceive the Weather

2011 and found that while floods and droughts were remembered correctly, temperature changes were a different story. From Ars Technica: In fact, the actual trends in temperatures had nothing to…



Taxi Tipping and the Principal-Agent Problem

…drivers) but rather to the cab companies themselves. From a 2011 Sun article: Credit card companies said they were unaware of the surcharge until recently, when the politically active taxicab…




Does the “Best” Team Win the World Series?

…year more than two teams appeared in baseball’s postseason. Specifically: from 1969 to 1993, four teams made the post-season. from 1995 to 2011 (there was no post-season in 1994), eight…



How Vulnerable Is Our Power Grid?

…the public. Major cascading blackouts in the U.S. southwest in 2011, and in India in 2012, underscore the need for the measures discussed in this report. The nation’s power grid…



The Benefits of the Safety Net

…recent work suggests that additional income can lead to reductions in cortisol in mothers, reducing biological harm due to persistent stress (Aizer, Stroud, and Buka, 2009, Evans and Garthwaite 2011).”…



Who Controls the Switch on a Geoengineering Machine?

(Photo: Lyn ingodsgarden) Most discussions about geoengineering start out with the tricky scientific issues but eventually get to the even trickier issue of governance. As we wrote in SuperFreakonomics: As…




An Economic Analysis of "Stop and Frisk"

…documenting that, in 2011, 52.9 percent of stops were of blacks, 33.7 percent were of Latinos, while whites accounted for only 9.3 percent of the stops. This disparate impact is…



When Hacking Is the Smaller Crime

…Anonymous versus Los Zetas, the Mexican drug cartel. Read the whole thing; here’s the first paragraph: In the fall of 2011, two clandestine non-state groups—a hacktivist collective and a Mexican…



How to Fix College Coaching?

…suspect it wasn’t working for Mike Rice. Across the past three seasons at Rutgers, Rice posted the following won-loss records: 2010-11: 15-17 2011-12: 14-18 2012-13: 15-16 Clearly this is not…




Where Are All the $100 Bills?

Photo Credit: torbakhopper via Compfight cc Planet Money reports on the surprising destination of most U.S. $100 bills: In fact, as of 2011, roughly two-thirds of all $100 bills were…




U.S. Suicide Rates Rise

News reports today discuss the prevalence and rise of suicide in the U.S. We reported in depth on the topic of suicide in our 2011 hour-long podcast “The Suicide Paradox.”…



It's the Weather, Stupid

We’ve written in the past about how weather can have a surprisingly strong effect on things like civil war and riots. (Short story: rioters don’t like getting rained on and…



How Dirty Diapers End Up in the Recyling Bin

…the city of Portland launched its curbside composting program in October 2011, it simultaneously reduced trash pickups from once a week to once every two weeks. But recycling and compost…




Is Driving Drunk Rational?

…drunk driving have dropped from 21,113 in 1982 to 9,878 in 2011. The decrease is even more remarkable given that total miles driven almost doubled during that period. So the…



Egg Donors Fight the Oocyte Cartel

…(ASRM). The two organizations effectively limit egg donor compensation to $5,000-$10,000, acting as a “buyer’s cartel,” in Tabarrok’s words: In 2011, Lindsay Kamakahi launched a class action suit against ASRM-SART…