Steven Levitt
Steven Levitt
Steven David "Steve" Levittis an American economist known for his work in the field of crime, in particular on the link between legalized abortion and crime rates. Winner of the 2003 John Bates Clark Medal, he is currently the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, director of the Becker Center on Chicago Price Theory at the University of Chicago Booth School of Business. He was co-editor of the Journal of Political Economy published...
NationalityAmerican
ProfessionEconomist
Date of Birth29 May 1967
CountryUnited States of America
The major challenge facing most foundations is that they are risk averse. This inhibits their ability to experiment and commit to the experimentation and innovation process.
Betting on sports is actually a lot more like playing the stock market than it is the other games at the casino. Because in the end, what dictates whether you win at sports is skill.
No one would disagree that restraining your child is about the single best thing you can do for protecting their lives.
As I see it, most major philanthropists have been bullied into giving. They feel social pressure to give. It has become a cost of doing business.
People don't like it, but inevitably we need to think about both the costs and the benefits of health care. We cannot avoid the financial consequences.
Wall Street is populated by a bunch of people whose primary goal is to make money, and the rules are pretty much caveat emptor.
Good social media is authentic. What makes social media work is actually having something to say.
The most obvious things are often right there, but you don't think about them because you've narrowed your vision.
If you really accept that global warming puts the world at risk, then you think you would be open to any solution that could undo it.
You'd be a fool or a deluded idealist to think ethics would be prominent on Wall Street. That is not a statement against people in the money business, just a fact.
I think the problem with schools is not too many incentives but too few. Because of tenure, teachers' unions, and the fact that teachers generally aren't observed in their classrooms, they can do whatever they want in class.
Go out and collect data and, instead of having the answer, just look at the data and see if the data tells you anything. When we're allowed to do this with companies, it's almost magical.
He's gone from someone who has never gotten a lot of endorsements to someone who's likely not to get any more and likely lose some that he already had,
There aren't many people who succeed in doing it, but at least it's possible.