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Steven Levitt -
SuperFreakonomics (2009)
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In the United States especially, politics and economics don't mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the way real people respond to real-world incentives.
Steven Levitt
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And knowing what happens on average is a good place to start. By so doing, we insulate ourselves from the tendency to build our thinking - our daily decisions, our laws, our governance - on exceptions and anomalies rather than on reality
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People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along.
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The data don't lie: a Chicago street prostitute is more likely to have sex with a cop than to be arrested by one.
Steven Levitt
Quote of the day
Wars and elections are both too big and too small to matter in the long run. The daily work—that goes on, it adds up.
Barbara Kingsolver
Steven Levitt
Born:
May 29, 1967
(age 57)
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