Many of life's decisions are hard. What kind of career should you pursue? Does your ailing mother need to be put in a nursing home? You and your spouse already have two kids; should you have a third?s...
Mientras discutía acerca de su investigación sobre los nombres en un programa de radio, Roland G. Fryer Jr. aceptó una llamada de una mujer negra que se sentía disgustada por el nombre que acababan de...
Might white voters lie to pollsters, claiming they will vote for the black candidate in order to appear more color-blind than they actually are? Apparently so. In New York City’s 1989 mayoral race bet...
Morality, it could be argued, represents the way that people would like the world to work—whereas economics represents how it actually does work.
Mountain of recent evidence suggests that teacher skill has less influence on a student’s performance than a completely different set of factors: namely, how much kids have learned from their parents,...
Muchos de nuestros descubrimientos pueden no ser de mucha utilidad, incluso puede que no sean concluyentes. Pero eso está bien. Lo que intentamos es iniciar una conversación, no tener la última palabr...
Never give in, never give in, never, never, never—in nothing, great or small, large or petty.
Never, ever think that people will do something just because it is the right thing to do.
No CEO in the world, therefore, is so delusional as to expect his employees to show up every day and work hard for no money. But there is one gigantic workforce asked to do exactly that. In the United...
Nor should failure be considered a total loss.
ONCE YOU STRIP AWAY the religious fervor and scientific complexity, an incredibly simple dilemma lies at the heart of global warming. Economists fondly call it an externality. What’s an externality? I...
Overall, a portfolio of the good to great companies looks like it would have underperformed the S&P 500.
Parent in a retirement home is more likely to be visited by his grown children if they are expecting a sizable inheritance. But wait, you say: maybe the offspring of wealthy families are simply more c...
Peter Leeson, whose research has covered topics like Gypsy law and pirate economics, did just that.
Por cada punto que aumenta el porcentaje de coches de una ciudad que tienen instalado el LoJack, la tasa general de robos disminuye un 20 por ciento.
Quitting is hard in part because it is equated with failure, and nobody likes to fail, or at least be seen failing. But is failure necessarily so terrible?
Running with the herd means we are quick to embrace the status quo, slow to change our minds, and happy to delegate our thinking.
Some people would argue that we don’t do a very good job. But taking the long view, that is clearly not true. Consider the historical trend in homicide (not including wars), which is both the most rel...
Supongamos, no obstante, que se puede desarrollar un algoritmo bancario con un 99 por ciento de precisión. Supongamos que en el Reino Unido hay 500 terroristas. El algoritmo identificaría correctament...
That is the idea behind a prize-linked savings (PLS) account.
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