In a recent post, I give you a flavor for Rich Cohen’s wonderful book The Fish That Ate the Whale. One of the things that struck me in reading his book was the psychology of entrepreneurial success. It is often difficult to be a superstar entrepreneur if you are realistic. Often the biggest successes in…
When New Jersey decided to hike its minimum wage by some 20 percent in 1991, David Card and Alan Krueger recognized a tremendous opportunity to test how the minimum wage affects employment.
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Oscar Wilde is one of the most quotable people in history of the English language. He even had ideas about robots, many decades before people had any idea what robots could achieve. And in typical Wildean fashion, he provocatively tied it together with his attitudes on the advantages of slavery: “Unless there are slaves to…
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.
In an article from the Atlantic last January, Joshua Lang wrote a wonderful article about the challenge of deciding whether surgical anesthesia actually makes people unconscious, or whether people remember parts of their surgery and are traumatized by them later. In the article, he quotes George Wilson, a Scottish chemist who had his foot amputated…
Followers of this blog, and I mean both of you, know by now that I am a fan of getting the word out about good writing. Here’s a nice example from the May issue of the Atlantic Monthly. It is from the cover article, titled “We Will Never Run Out Of Oil.” The whole article…
