What’s the Median Income for a Fashion Model in the U.S.?
Take a wild guess: How much do you think fashion models make? It’s one of those professions that unless you know someone, or work in the biz, there’s not a lot of information out there to have a good view into. Judging by models’ perceived glamour and high society status, not to mention the cut-throat competition they deal with, you might think it’s a lot. I think I did. Which is why this line from a TNR review of the new book Pricing Beauty: The Making of a Fashion Model struck me as amazing:
The median income across America in 2009 for a model was $27,330—income that includes no benefits.
The book is by Ashley Mears, a former fashion model and current Boston University sociologist. Read More »
Sperm Bank Rejecting Redheads
A recent story in the NY Daily News reported that Cryos International, one of the world’s largest sperm banks, is refusing to accept donations from redheaded men.
Apparently, this is a result of a sharp increase in supply that the company needs to reduce before more donations are accepted. Like most temporary surpluses, this one will be removed, in this case probably not by the price system (although one can imagine that potential recipients, hearing of the surplus and being indifferent about their donor’s hair color, might offer Cryos a below-market price).
More likely, Cryos’ refusal to accept any more supply will cause the surplus to disappear, so that redheads’ donations will soon be accepted again.
An Algorithm that Can Predict Weather a Year in Advance
In our latest podcast, “The Folly of Prediction,” we poke fun at the whole notion of forecasting. The basic gist is: whether it’s Romanian witches or Wall Street quant wizards, though we love to predict things — we’re generally terrible at it. (You can download/subscribe at iTunes, get the RSS feed, or read the transcript here.)
But there is one emerging tool that’s greatly enhancing our ability to predict: algorithms. Toward the end of the podcast, Dubner talks to Tim Westergren, a co-founder of Pandora Radio, about how the company’s algorithm is able to predict what kind of music people want to hear, by breaking songs down to their basic components. We’ve written a lot about algorithms, and the potential they have to vastly change our life through customization, and perhaps satisfy our demand for predictions with some robust results.
One of the first things that comes to mind when people hear the word forecasting is the weather. Over the last few decades, we’ve gotten much better at predicting the weather. But what if through algorithms, we could extend our range of accuracy, and say, predict the weather up to a year in advance? That’d be pretty cool, right? And probably worth a bit of money too.
That’s essentially what the folks at a small company called Weather Trends International are doing. The private firm based in Bethlehem, PA, uses technology first developed in the early 1990s, to project temperature, precipitation and snowfall trends up to a year ahead, all around the world, with more than 80% accuracy. Read More »
Bring Your Questions for Author Steven Pinker
With Libya finishing off a bloody revolution, the war in Afghanistan nearly a decade old, and Mexico engulfed in a savage drug war — it might not seem like it, but we’re living in the most peaceable time in history. That’s more of a commentary on just how violent our past is, rather than the tranquility of the present.
In his new book, The Better Angels of Our Nature: Why Violence Has Declined, Harvard psychology professor Steven Pinker lays out the difference in stark contrast, quantifying the dramatic decrease in violence over the ages, and uncovering the reasons for its decline. Pinker operates under the premise that the past is like a foreign country, and that we need to be reminded of its brutality. Starting with a tour of human history that stretches back to 8000 BCE, Pinker offers glimpses along the way, and shows how in the early going, violence persisted even as society and culture evolved. Read More »
