Krugman vs. Ferguson: Letting the Data Speak
…extracts the probabilities implied by option prices on those dates. (Wonkish detail: I used the January 2011 options on the iShares Barclays 20+ Year Treasury Bond exchange-traded fund (TLT) and…
How can you strive for excellence without overworking yourself? Why is perfectionism on the rise? And is Angela part of the problem?…
The economist and social critic Glenn Loury has led a remarkably turbulent life, both professionally and personally. In a new memoir, he has chosen to reveal just about everything. Why?…
The economist and social critic Glenn Loury has led a remarkably turbulent life, both professionally and personally. In a new memoir, he has chosen to reveal just about everything. Why?…
Adam Moss was the best magazine editor of his generation. When he retired, he took up painting. But he wasn’t very good, and that made him sad. So he wrote…
Adam Moss was the best magazine editor of his generation. When he retired, he took up painting. But he wasn’t very good, and that made him sad. So he wrote…
Owen Flanagan’s newest book details his 20-year dependence on alcohol and pills — and outlines his research on what addiction can tell us about the nature of consciousness….
…extracts the probabilities implied by option prices on those dates. (Wonkish detail: I used the January 2011 options on the iShares Barclays 20+ Year Treasury Bond exchange-traded fund (TLT) and…
…may well arise at some point. If this happens, the policy “mistake” of interest rates being too low in 2010 could be easily undone by higher interest rates in 2011….
The Pittsburgh Steelers played in this year’s Super Bowl, but did not win it. Which means that, sitting in a warehouse somewhere, are lots of preprinted “Pittsburgh Steelers 2011 Super…
VCU teammates celebrate their win over Purdue during the third round of the 2011 NCAA men’s basketball tournament at the United Center on March 20, 2011 in Chicago. (Photo by…
…reauthorized by September 30, 2011, and we can only hope that Congress heeds Haskins’ advice. Wharton professor gets haircut for charity Penn Current – Justin Wolfers, an associate professor…
…to formally announce a run for President before midnight ET on 31 Dec 2011: 41.9% 4. Mahmoud Ahmadinejad to no longer be President of Iran before midnight ET 31 Dec…
…on July 31, 2011: 40% (It was 65% a month ago) – Congress to approve increase in U.S. debt ceiling before midnight Aug. 31, 2011: 75% (It was 85% a…
…the average of “substantially similar” cars. Thus, according to the DOE, a maker of the 28-MPG 2011 Toyota Highlander Hybrid holds a “green-collar job,” but the maker of a 41-MPG…
…puzzling economics of sports, why ties should be allowed in baseball, and how football highlights America’s least flattering features. Sanderson’s most recent piece comes from the November 2011 issue of…
…in an estimated cost of more than $153 billion in lost productivity per year. That’s roughly 1% of GDP. Respondents were asked the question: “During the past 30 days, for…
…story certainly seems plausible. Miami Heat vs. Orlando Magic on Dec 21, 2011. (Photo: RMTip21) A few years ago, though, Martin Schmidt and I investigated the impact disputes have upon…
(Photo: macwagen) The following is a cross-post from NFL.com, where we’ve recently launched a Football Freakonomics project. Well, it’s January. And even though my team stumbled into inglorious, injury-plagued defeat,…
…all. Consider a pair of articles in today’s N.Y. Times and Wall Street Journal, each reporting New York comptroller Thomas DiNapoli‘s report which shows that bonuses for 2011 are expected…
…gender gap in those categories in 2011. Just this week, the country’s Senate passed a bill aimed at ending gender discrimination in the workplace. A 2009 “Magna Carta of Women”…
…in 2012, this team is the overall number one seed in the tournament. What’s amazing about this accomplishment is that Kentucky lost three prospects to the NBA draft in 2011…
…Guinea, where 32 incidents, including five hijackings, were reported in 2012, versus 25 in 2011. In Nigeria alone there were 17 reports, compared to six in 2011. Togo reported five…
…desirability of the brand, sparking trend-driven consumption that spills over—or up—to the original version. Gosline’s and Barnett’s findings are broadly reinforced by other recent research. A 2011 study by economist…
…is not significant (NS). Year p-value r-squared 2012 NS NS 2011 0.01 0.17 2010 0.04 0.13 2009 0.02 0.21 2008 0.06 0.10 2007 0.00 0.25 2006 0.00 0.29 2005 0.00…
…to Boston. Naturally, we had to gate-check the luggage for that flight as well. Baggage fees brought U.S. airlines in 2011 a total of $3.4 billion. That amount is almost…
…2011, $480 billion was spent subsidizing fuel. This is equivalent to 0.3 percent of global GDP, or 0.9 percent of worldwide government revenues, literally going up in smoke. What are…
…Disease Control (CDC) shows obesity rates dropping for low-income preschool children in 19 states between 2008 and 2011. From the Wall Street Journal: The obesity analysis, by the federal Centers…
There are a lot of upsides to urban density — but viral contagion is not one of them. Also: a nationwide lockdown will show if familiarity really breeds contempt. And:…
The modern world overwhelms us with sounds we didn’t ask for, like car alarms and cell-phone “halfalogues.” What does all this noise cost us in terms of productivity, health, and…