Monthly Archives: September 2012
2011 – Hiromi: Haze
Today, I came across an intriguing 2010 article written by an economist named Timothy Reichart. Reichart uses the tools of economics to analyze what he sees as the effects of the widespread introduction of contraception in society. I’ll try to encapsulate his argument into several key points: With the increased prevalence of contraceptive options for […]
Related to this recent post about how our intuition about a problem can often provide us with a wrong answer, and how it takes some mental effort to reject this intuitive response to find the correct one, Farnam Street points to Stephan Lewandowsky, a psychological scientist who says that an incorrect piece of information (misinformation) […]
A quote from Steve Young regarding the replacement officials’ impact on fans’ willingness to watch games, courtesy of Cheap Talk: The NFL is “inelastic for demand,” Young said, meaning that nothing — including poor officiating — can deter a significant percentage of fans and corporate sponsors away from the most popular game in the country. It […]
Are you procrastinating right now by reading this blog?
Consider what happens when you attempt to use your intuition to answer the following question: “A bat and ball cost $1.10. The bat costs $1 more than the ball. How much does the ball cost?” Most likely, the first answer that popped into your head was “The ball costs 10 cents.” It seems reasonable, and […]
2006 – Christian McBride: Say Something