THE BRANCH OF ECONOMICS concerned with issues like inflation, recessions, and financial shocks is known as macroeconomics. When the economy is going well, macroeconomists are lauded as heroes; when it...
Sunlight is said to be the best of disinfectants.
Porque no hay nada como la pura fuerza de los números para retirar capas de confusión y contradicción.
On a per capita basis, Switzerland has more firearms than just about any other country, and yet it is one of the safest places in the world. In other words, guns do not cause crime.
Most of us have a lot more experience being consumers than producers, so we tend to view things through the lens of demand rather than supply.
La gente no es «buena» ni «mala». Las personas son personas y responden a incentivos. Casi siempre pueden ser manipuladas —para bien o para mal— si se encuentran las palancas adecuadas.
Just because you’re at the office is no reason to stop thinking.
If there is one thing we’ve learned from a lifetime of designing and analyzing incentives, the best way to get what you want is to treat other people with decency.
Human beings, for all our accomplishments, can be fragile animals. Most of us don't take criticism well at all.
Every time we pretend to know something, we are doing the same: protecting our own reputation rather than promoting the collective good. None of us want to look stupid, or at least overmatched, by adm...
El psiquiatra Martin Orne advertía de que el laboratorio fomentaba lo que se podría llamar cooperación forzada. «Cualquier petición imaginable que pudiera hacerle al sujeto un investigador prestigioso...
De modo que es posible que acudir al hospital aumente ligeramente sus probabilidades de sobrevivir si tiene un problema grave, pero aumenta sus probabilidades de morir si no lo tiene.
Daniel Kahneman has written: [W]e can be blind to the obvious, and we are also blind to our blindness.
An expert must be BOLD if he hopes to alchemize his homespun theory intoconventional wisdom.
¿son lo seres humanos capaces de actos generosos, desinteresados, incluso heroicos? Desde luego. ¿Son asimismo capaces de actos despiadados de apatía? Desde luego.
¿Doctor? ¿Es usted alguna clase de científico?. Y el doctor decía: Señor, soy toda clase de científico. Y yo saltaba: ¡Sí! ¡Sí! ¡Eso es lo que yo quiero ser! ¡Toda clase de científico!».
«Los gusanos nunca están satisfechos, no importa la cantidad de comida que les des»,
It is often possible to elicit the behavior you want through nonfinancial means.
Empiricists
Why has the prostitute’s wage fallen so far? Because