Economics

When to Rob a Bank: ...And 131 More Warped Suggestions and Well-Intended Rants

In social gathering of the tenth anniversary of the landmark booklet Freakonomics comes this curated assortment from the main readable economics web publication within the universe. It’s the proper answer for the hundreds of thousands of readers who love all issues Freakonomics. excellent and erudite, eloquent and witty, When to Rob a financial institution demonstrates the brilliance that has made the Freakonomics men a world sensation, with greater than 7 million books bought in forty languages, and one hundred fifty million downloads in their Freakonomics Radio podcast.

When Freakonomics was first released, the authors begun a blog—and they’ve stored it up. The writing is extra informal, extra own, much more outlandish than of their books. In When to Rob a Bank, they ask a bunch of mostly off-center questions: Why don’t flight attendants get tipped? when you have been a terrorist, how may you assault? And why does KFC continuously run out of fried chicken?

Over the prior decade, Steven D. Levitt and Stephen J. Dubner have released greater than 8,000 weblog posts on Freakonomics.com. a lot of them, they openly admit, have been garbage. yet now they’ve undergone and picked the simplest of the simplest. You’ll notice what humans lie approximately, and why; how you can reduce gun deaths; why it would be time for a intercourse tax; and, sure, while to rob a financial institution. (Short solution: by no means; the ROI is terrible.) You’ll additionally examine greatly approximately Levitt and Dubner’s personal quirks and passions, from playing and golfing to backgammon and the abolition of the penny. 

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209 “I’ve obvious an analogous factor in my study on penalty kicks in soccer”: Pierre-André Chiappori, Steven D. Levitt, and Timothy Groseclose, “Testing Mixed-Strategy Equilibria whilst avid gamers Are Heterogeneous: The Case of Penalty Kicks in Soccer,” the yankee monetary evaluation ninety two, no. four (September 2002). 209    “HOW useful IS HOME-FIELD virtue . . . ”: See Tobias Moskowitz and L. Jon Wertheim, Scorecasting: The Hidden impacts at the back of How activities Are performed and video games Are received (Crown Archetype, 2011). / 210 “Levitt as soon as wrote a tutorial paper approximately . . . domestic underdogs”: See Levitt, “Why Are playing Markets Organised So another way From monetary Markets? ,” the commercial magazine 114 (April, 2004). / 210 “which we wrote approximately extra within the occasions ”: See Dubner and Levitt, “Dissecting the Line,” the recent York occasions journal, February five, 2006. / 212 “a study paper . . . approximately home-field virtue within the Bundesliga”: See Thomas J. Dohmen, “In aid of the Supporters? Do Social Forces form judgements of the neutral? ,” IZA dialogue paper No. 755, April 2003. 212    “TEN purposes to love THE PITTSBURGH STEELERS”: “A voice that gave the impression of gravel and Yiddish tossed in a blender”: See Myron Cope, Double Yoi! (Sports Publishing, 2002). / 216 “Franco Harris . . . yours really even wrote a ebook approximately his unusual appeal”: See Stephen J. Dubner, Confessions of a Hero-Worshiper (William Morrow, 2003). / 217 “Paucity of significant books approximately football”: See Roy Blount Jr. , approximately 3 Bricks Shy of a Load (Little, Brown and corporate, 1974). bankruptcy nine: whilst TO ROB A financial institution 223    “WHEN TO ROB A BANK”: “a tale i used to be instructed whereas traveling Iowa”: See “Burnice Comes Home,” Time, July eight, 1966. / 225 “According to the FBI”: see the FBI’s nationwide Incident-Based Reporting procedure (NIBRS) sequence. / 225 “a trove of theft facts from the British Bankers’ Association”: see Barry Reilly, Neil Rickman, and Robert Witt, “Robbing Banks: Crime Does Pay—But now not Very Much,” importance (The Royal Statistical Society, June 2012). 228    “DON’T REMIND CRIMINALS they're CRIMINALS”: “failed to copy them in a single learn I did”: See Roland G. Fryer, Steven D. Levitt, and John A. record, “Exploring the impression of economic Incentives on Stereotype hazard: proof From a Pilot Study,” American financial evaluation: Papers & lawsuits ninety eight, no. 2 (2008). / 228 “In an enticing new research: see Alain Cohn, Michel André Maréchal, and Thomas Noll “Bad Boys: The influence of felony identification on Dishonesty,” collage of Zurich operating paper No. 132 (October 2013). 237    “DON’T BURN THE FOOD”: “In a pattern of thirteen African nations among 1999 and 2004”: The Demographic and wellbeing and fitness Surveys application, U. S. organisation for overseas improvement. 239    “IS PLAXICO BURRESS AN ANOMALY? ”: “A few years again, I wrote an article”: See Dubner, “Life Is a touch Sport,” the recent York instances journal, August 18, 2002. / 240 “According to an ESPN report”: See Arty Berko, Steve Delsohn, and Lindsay Rovegno, “Athletes and Guns,” outdoors the traces and ESPN.

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