The Probability That a Real-Estate Agent Is Cheating You (and Other Riddles of Modern Life): "In Levitt's view, economics is a science with excellent tools for gaining answers but a serious shortage of interesting questions. His particular gift is the ability to ask such questions. For instance: If drug dealers make so much money, why do they still live with their mothers? Which is more dangerous, a gun or a swimming pool? What really caused crime rates to plunge during the past decade? Do real-estate agents have their clients' best interests at heart? Why do black parents give their children names that may hurt their career prospects? Do schoolteachers cheat to meet high-stakes testing standards? Is sumo wrestling corrupt"
He is an intuitionist. He sifts through a pile of data to find a story that no one else had found. He devises a way to measure an effect that veteran economists had declared unmeasurable.
''Unwantedness leads to high crime; abortion leads to less unwantedness; abortion leads to less crime.''
focusing very much on the issue of reverse causality,''
The problem was that his data couldn't tell him who was a good candidate and who wasn't. It was therefore impossible to tease out the effect of the money. As with the police/crime rate puzzle, he had to trick the data
''If you own a gun and have a swimming pool in the yard, the swimming pool is almost 100 times more likely to kill a child than the gun is.''
Is black culture a cause of racial inequality or is it a consequence?
Prepare for the Overlords!
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Wednesday, August 06, 2003
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- Open Directory - Computers: Robotics: "A comprehen...
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- Salt of the Earth: "Here's Senator James Inhofe of...
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- Yahoo! News - Debate Resumes on the Safety of Depr...
- Well I wanted to start a project at robots.net, bu...
- Create a new account I first became interested in...
- Entropy Gradient Reversals - The Rise of the Stupi...
- kuro5hin.org || The rise of Stupid Everything: "If...
- CNN.com - Santa Fe lawbreakers sentenced to tai ch...
- The 43 Facial Muscles That Reveal: "Q. What are th...
- The Probability That a Real-Estate Agent Is Cheati...
- Everything Is Political: " agency's analysts find ...
- Creativity as an Ingredient of Madness: "'Follow a...
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- Slashdot | Will Humanoid Robots Take All the Jobs ...
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- Robotic Nation, by Marshall Brain: "When a signifi...
- Persuaders or Partisans (washingtonpost.com): "As ...
- Daily Kos: Political analysis and other daily rant...
- The Corner on National Review Online: "Partnership...
- TAPPED: August 2003 Archives: "Maybe one of Lieber...
- ABCNEWS.com : Thousands Enslaved by Ireland's Cath...
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- Edward Said: Imperial Arrogance and the Vile Stere...
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- Wired News: Bush Impeached? Wanna Bet?: "•Which co...
- that was when Argentina went wrong, missing a cruc...
- "The moral tension in politics is to have an openn...
- the public is now split on whether to continue in ...
- "The DLC and even Lieberman would probably be best...
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- common psychological factors linked to political c...
- The Middle East Cease-Fire Feels Ephemeral: " Ther...
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About Me
- Craig
- eureka, California, United States
- As Popeye once said,"I ams what I am." But then again maybe I'm not