I think the Complete Story of the Gender Pay Gap is still to be written. Claudia Goldin's knowledge and experience in this field is amazing. It is part of the story but I think there is more to be added. We probably will not know everything about the gender pay gap until we succeed at closing it.
I've been following the advice of the Freakonomics guys, who advise us to think like a child and ask seemingly naive questions in the pursuit of higher truths. So I asked myself, "Would something like the Homestead Act for undocumented immigrants be a good idea?"
Anyone who's been bombarded with the TV ads for Josh Trank's Fantastic Four shouldn't be chastised for sprinting away from any multiplex screening this latest Marvel concoction.
In 2002, the recipient of the Nobel Prize in Economics was oddly enough awarded to a classically trained psychologist. Daniel Kahneman is considered to be one of the world's most influential individuals in the field and is the founder of a unique and revolutionary new field known as Behavioral Economics.
According to an Edison Research study, the percentage of total podcast users grew 163 percent between 2006 and 2012; in 2014, there was a 25 percent uptick in Americans age 12 and up who had listened to a podcast in the last month, totaling 39 million Americans.
If you're interested in finance, trying to crack the secret of Warren Buffett's success is as entertaining as it is maddening -- an enticing Rubik's cube for anyone looking to get rich.
Kevin M. Murphy was the first business school professor to be chosen as a MacArthur Genius Award recipient for his work on wage inequality, unemployment, addiction, medical research, and economic growth.
Peer influence, whether in a corporate or a residential setting, modifies environmental behavior. Can peer shaming work too? Freakonomics economist Steven Levitt, would argue yes. Benchmarking in industries and companies leads to greater adoption of renewable energy.
Dr. Becker won almost every award there was to win in his profession -- including a Nobel Prize in economics and the Presidential Medal of Freedom from President George W. Bush. Becker's book Human Capital (1964) is already as iconic as Adam Smith's writings on laissez faire.