La moral representa el modo en que a las personas les gustaría que funcionase el mundo, mientras que la economía representa cómo funciona éste en realidad.
Tis much better to do a little with certainty and leave the rest for others that come after than to explain all things by conjecture without making sure of any thing.
In a complex world where people can be atypical in an infinite number of ways, there is great value in discovering the baseline. And knowing what happens on average is a good place to start. By so doi...
When moral posturing is replaced by an honest assessment of the data, the result is often a new, surprising insight.
Incentivize them on the dimensions that are valuable to them but cheap for you to provide.
In the United States especially, politics and economics don’t mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the wa...
Everyone’s entitled to their own opinion but not to their own facts.
Young women in Cameroon have their breasts ironed—beaten or massaged by a wooden pestle or a heated coconut shell—to make them less sexually tempting.
People are complicated creatures, with a nuanced set of private and public incentives, and that our behavior is enormously influenced by circumstances.
It’s easy to envision how you’d change the behavior of people who think just like you do, but the people whose behavior you’re trying to change often don’t think like you—and, therefore, don’t respond...
We can be blind to the obvious, and we are also blind to our blindness.
Twenty thousand years ago, Caldeira says, carbon-dioxide levels were lower, sea level was lower—and trees were in a near state of asphyxiation for lack of carbon dioxide. There’s nothing special about...
Of all the women in Venkatesh’s study, 83 percent were drug addicts.
Just Like Canada, with Better Bacon.
For every clever person who goes to the trouble of creating an incentive scheme, there is an army of people, clever and otherwise, who will inevitably spend even more time trying to beat it.
Every time we pretend to know something, we are doing the same: protecting our own reputation rather than promoting the collective good.
Provocateur,
Have sued for an injunction against Jaws.
Drinking eight glasses of water a day has never actually been shown to do a thing for your health.
Unless you have more information, however, it’s hard to say what’s causing what.