Emily Oster Famous Quotes
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So why did my conclusions differ from theirs? At least two reasons. One is overinterpretation of flawed studies. But the bigger thing, I think, is the concern (which was expressed to me over and over again by doctors) is that if you tell people they can have a glass of wine, they'll have 3 (or one giant "bowl-o-wine"). Even if one isn't a problem, three are. Better to say you can't have any, as that rule is easy to understand.
The greatest moments are those when you see the result pop up in a graph or in your statistics analysis - that moment you realise you know something no one else does and you get the pleasure of thinking about how to tell them.
The claim that SpongeBob makes your child dumber is a causal claim. If you do X, Y will happen. To prove that, you'd have to show that if you forced the children in the no-TV households to watch SpongeBob and changed nothing else about their lives, they would do worse in school.
Good household decision-making often relies on thinking about your household like a firm.
The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day.
You work hard for your income, and that hard work is what fuels the economy.
...I'm not crazy about the implication that pregnant women are incapable of deciding for themselves- that you have to manipulate our belief so we do the right thing. That feels, again, like pregnant women are not given any more credit than children would be in making important decisions.
I've always loved doing research. I remember doing a research project on the Babylonian numeral system in the eighth grade and thinking, 'This is pretty awesome - is this really a job you can have?' This led me toward a career as an academic, although it took me until college to realise that economics was the right field.
I think that there's a real sense in which pregnancy should be something that you do with your doctor, but I think that for a lot of women the time you have with your doctors is limited and it can be difficult to get all of the answers to your questions.
If everyone is good at something different, assigning chores is easy. If your partner is great at grocery shopping and you are great at the laundry, you're set. But this isn't always - or even usually - the case.
I think women - relative to men - tend to feel that they have to do the household chores on top of everything else. This becomes even worse once you have kids. It's enough to have a full time job; a full time job plus a family is even more.
To put it mildly, I'm not crazy about the implication that pregnant women are incapable of deciding for themselves.
If you have a traditional view of economics, you're probably thinking of Ben Bernanke making Fed policy, or the guys creating financial derivatives at Goldman Sachs.
Lovingly crafted and super-creative cupcakes are not exactly on tap in my household after a full day at work, and I do not blame my mother for a second that they were not on tap in hers, either.
Adhering to budgeting rules shouldn't trump good decision-making.
Education campaigns ... may not be enough, at least not alone. If people have no incentive to avoid AIDS on their own, even if they know everything about the disease, they still may not change their behavior.
No one likes doing chores. In happiness surveys, housework is ranked down there with commuting as activities that people enjoy the least. Maybe that's why figuring out who does which chores usually prompts, at best, tense discussion in a household and, at worst, outright fighting.
If you asked me which gives me more joy, my work or my family, there is no question that it's my family. Hands down. If I had to give one up, it wouldn't even be a contest.
Young women who live in areas with high maternal mortality change their behavior less in response to HIV than young women who live in areas with low maternal mortality.
Every time you have a carrot instead of a cookie, every time you go to the gym instead of going to the movies, that's a costly investment in your health. But how much you want to invest is going to depend on how much longer you expect to live in the future, even if you don't make those investments.
In short, humans are programmed to get bored.
The basic idea that incentives can be used to motivate behavior is a powerful one. It works for employees, and it has a clear place in parenting, as anyone who has tried to potty-train a recalcitrant toddler with sticker rewards knows.
Talking to women about birth can be polarizing.
For many women - myself included - pregnancy brings on tremendous anxiety and confusion, along with the joy.
How much is an hour of your time worth? It's worth whatever wage you would get if you spent that hour working. If you work for an hourly rate, this is an easy calculation. Even if you work for a salary and a fixed number of hours, the principle is the same: It's whatever your salary works out to per hour.
I travel a fair amount, read on the plane, and I read fast.
I am extremely devoted to Amazon Prime - which offers speedier free deliveries, free movie streaming and other benefits for an annual fee - but I don't think it is great for groceries.
My first summer in college I worked in a fruit fly lab where I had two jobs: dissect the fruit fly larvae brains and incinerate the old tubes of flies.
Economists typically think that your happiness goes up as you get more money, but the more you have, the less each additional dollar matters. This means that you value money most in times when you have less income and more expenses.
The most active period of the witchcraft trials coincides with a period of lower than average temperature known to climatologists as the "little ice age" ... In a time period when the reasons for changes in weather were largely a mystery, people would have searched for a scapegoat in the face of deadly changes in weather patterns. 'Witches' became target for blame because there was an existing cultural framework that both allowed their persecution and suggested that they could control the weather.
The biggest food-related risk in pregnancy is listeria. It's a dangerous bacteria, to which pregnant women are especially susceptible, that can lead to miscarriage or stillbirth.
Feminists of my mother's generation argued that both mom and dad should work a little less and each do some of the household chores. My parents, for example, split everything 50/50. Even though my father is a terrible cook, he still made dinner exactly half the time.
Economics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring.
One of the big take-aways from a lot of economic theory is that people should engage in consumption smoothing.
All's fair in love and purchasing.