Too Many Opinions?
Based on today’s Duke Opinion Page, I’m beginning to wonder if I have too many opinions. Something my wife has been telling me for years!

Based on today’s Duke Opinion Page, I’m beginning to wonder if I have too many opinions. Something my wife has been telling me for years!

Powerful words from Thomas Paine, spoken September 11, 1777: “Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it.”
I recently read Sharon Bertsch McGrayne’s The Theory That Would Not Die, which recounts the controversial history of Bayes theorem in the world of statistics. To oversimplify quite a bit, Bayes theorem requires those using it to make an initial guess about, say, the probability that one outcome is more likely than another, and then…
The most incomprehensible thing about the world is that it is comprehensible. (Click here to view comments)
According to traditional economic theory, when people perform jobs for pay, they decide whether the pay they receive is large enough to justify the effort they put into the task at hand. But what if someone else is doing the same work for more pay? They probably won’t feel so great about their jobs anymore,…
Albert Rees was a University of Chicago trained economist who wrote some of the most influential works in the field of labor economics. Despite his Chicago training – Chicago being the epicenter of the idea that humans are guided largely by rational choice – he was well aware of something crucial missing from economic theory:…
NPR recently covered my research with David Comerford on effort aversion. Our research gives some insight into how people wind up in boring jobs. You can listen to the NPR Morning Edition segment here.