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Freakonomics Radio Network Newsletter Stay up-to-date on all our shows. We promise no spam. We are continuing now with Self-Improvement Month. Last week, we tackled productivity. CHARLES DUHIGG: There’s actually a big difference between being busy and being productive. Now that you’ve all mastered productivity, we’re moving on to something a bit more ambitious: how to become great at just about an
Why Do Your Eyeglasses Cost $1,000? A single company, EssilorLuxottica, owns so much of the eyewear industry that it’s hard to escape their gravitational pull — or their “obscene” markups. Should regulators do something? Can Warby Parker steal market share? And how did Ray-Bans become a luxury brand? (Part one of a two-part series.)
To Develop Expertise, Motivation is Necessary but Insufficient November 25, 2011 Lots of readers of my entry on learning languages have said that the only reason I learned French well the second time (with the Assimil course) is that I was motivated. Here is one example: “Guy, the main reason that you learned French this time was because you wanted to learn it this time.” Understanding the role of
What Are the Economic Consequences of the Japanese Disaster? A Guest Post by Anil Kashyap and Takeo Hoshi March 22, 2011 A local resident holds pictures he found in the tsunami-damaged city of Rikuzentakata, in Iwate prefecture on March 22, 2011. (Photo: NICOLAS ASFOURI/AFP/Getty Images) From a loss-of-life standpoint, the Japanese earthquake/tsunami may well be at least five times more severe tha
I can’t say that I am surprised by the latest sumo headline from The Associated Press: Japan’s scandal-tainted sport of sumo wrestling is facing new allegations that senior wrestlers used cell phones to plan how to fix matches. Japanese media reported Wednesday that police have found suspicious text messages on several wrestlers’ phones suggesting they were planning to fix bouts and going so far a
Interstate Migration Has Fallen Less Than You Think November 11, 2010 One of the exceptional things about the U.S. is how mobile our workers are.? It means that worker shortages in North Dakota won’t last long, as workers will move there from jobless Nevada.? There’s been a lot of concern that the housing crisis has halted this important adjustment mechanism.??According to the Census Bureau, the n
Do Uncommon Names Turn Kids Into Criminals? January 29, 2009 The answer to that question is almost certainly “no,” but a new study that is getting lots of media attention does claim that there is a correlation between having an uncommon name and being more likely to show up in the juvenile justice system. The study finds this relationship to be true both for blacks and whites. As the authors clear
Blog reader Mayur Misra forwarded us a chain email featuring ads for various Japanese products with the subject line “Only in Japan.” Are such products too weird to take hold in the U.S.? Remember that the Walkman, the great cassette-tape ancestor of portable CD players and iPods, also started out as one of those wacky Japanese inventions. During this economic downturn, might the success of a stra
Is Screen Time as Poisonous as We Think? Young people have been reporting a sharp rise in anxiety and depression. This maps neatly onto the global rise of the smartphone. Some researchers are convinced that one is causing the other. But how strong is the evidence?
Diamond and Kashyap on the Recent Financial Upheavals September 18, 2008 As an economist, I am supposed to have something intelligent to say about the current financial crisis. To be honest, however, I haven’t got the foggiest idea what this all means. So I did what I always do when something related to banking arises: I knocked on the doors of my colleagues Doug Diamond and Anil Kashyap, and aske
Last week, I learned two important things. They both happened as the result of a post I wrote about various errors, typographical and otherwise. I noted that the excellent Economist magazine dropped an “r” from the word “pastries,” inadvertently rendering it “pasties.” Well, The Economist was not wrong but I sure was. Many readers informed me that a pasty (pl.: pasties) is a small Cornish pie ofte
How Can We Measure Innovation? A Freakonomics Quorum April 25, 2008 There’s one theme that we’ve touched on repeatedly in our Times columns and on this blog, and which we’ll devote considerable space to in SuperFreakonomics: how technological innovation and robust markets tend to fix a lot of problems that seem unsolvable. In the business community, “innovation” is a buzzword of the highest order
The Economics of Happiness, Part 1: Reassessing the Easterlin Paradox April 16, 2008 Justin Wolfers and Betsey Stevenson discussed their happiness research on CNBC today. Arguably the most important finding from the emerging economics of happiness has been the Easterlin Paradox. What is this paradox? It is the juxtaposition of three observations: 1) Within a society, rich people tend to be much ha
Hal Varian Answers Your Questions February 25, 2008 Last week, we solicited your questions for Google chief economist Hal Varian. Here are his answers. Thanks to Hal for his generosity and to all of you for the good questions. Q: Google’s recent announcement that it will be investing in energy research suggests that management now thinks it can earn better returns from investing in fields other th
Why Do Beautiful Women Sometimes Marry Unattractive Men? August 2, 2006 It may be that the unattractive man has a lot of money, or some other compelling attribute. But a new study by Satoshi Kanazawa, an evolutionary psychologist at the London School of Economics, suggests it may be a simple supply-and-demand issue: there are more beautiful women in the world than there are handsome men. Why? Kana
Blog When Freakonomics.com was launched in 2005, it was essentially a blog (c’mon, blogs were a thing then!). The first Freakonomics book had just been published, and Stephen J. Dubner and Steven D. Levitt wanted to continue their conversation with readers. Over time, the blog grew to have millions of readers, a variety of regular and guest writers, and it was hosted by The New York Times, where D
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