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SuperFreakonomics Paperback Drops Next Week

Next Tuesday, May 24, SuperFreakonomics will finally be published in paperback in the U.S. It has already sold more than half a million copies in hardcover in the U.S. (with more than 1 million sold worldwide), and the Illustrated Edition has gone bananas too. The paperback cover, as you can see here, is not much of a departure from the hardcover.
The book itself has some key additions: a 16-page color insert with illustrations, photos, etc. from the Illustrated Edition; an author Q&A (which you helped write); a transcript of the first Freakonomics Radio podcast (“The Dangers of Safety”); and a pair of essays by Levitt and Dubner about what their fathers taught them.
We should probably give away a bunch of copies of the new edition, yes? Read More »



Income Inequality: A Rising Tide Lifts All Yachts

Joe Stiglitz writes an excellent jeremiad on growing income inequality in the U.S in a recent issue ofVanity Fair. Most of what he said is factually correct, although claims about the average American being worse off (his claims, but more noisily those of various leftie groups) are simply wrong because of upward biases in inflation measures.

But so what? Comparisons matter, and it’s not just an issue of envy. Even though the average American is better off in real dollar terms than 20 years ago (despite our American national pastime of “bitching”), the concentration of economic power is growing most among a very few fragments of society. And, with the Supreme Court having handed the rich carte blanche to subsidize political candidates, the institutional framework for the economy can be changed in ways that disproportionately help the rich. Even though a rising tide may lift all boats, if giant yachts are lifted higher, the political backwash can make us paddlers of rowboats worse off!



Etsy for Economists

Economists may think there’s nothing for them on Etsy, the website that sells handmade and vintage arts and crafts items, usually made by grandmas or some overeducated Brooklyn mom. But they would be wrong. Dork out with these statistical distribution pillows: Log Distribution? Continuous Uniform? Even Chi-Square! It’s all here. And it also turns out, Normal Distribution makes a really good doorstop

(HT: Flowing Data)



A Redhead Goes Smooth-Shaved; Life Improves

A reader named Mark Curry, who describes himself as a “cement truck driver trapped in the body of someone who does accounting-related work,” wrote to us about a brief passage in Freakonomics concerning our analysis of online-dating data:

The part about men with curly and/or red hair being a downer? “Downer” may be something of an understatement. As a young man I had red, curly, and sometimes, frizzy hair. My dad told me at age 13 or 14 that if I didn’t do something with it, I would never find out what sex is. I was devastated by his meanness. I consider myself very lucky to have found a woman who will tolerate my red hair. Now, married almost 18 years, a couple months ago I started shaving my head smooth, baby-ass, bald; does it feel good. Now, when I walk into an office, the bank, pick someplace, I don’t exactly have to ask people to stop undressing, but their receptiveness to me is noticeable. Although my wife and daughters are still getting used to my shaven head, at least a dozen ladies (that’s 10 women and two men) think my shaven head looks good on me.

I wonder if Telly Savalas was a redhead?