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The $4.5 Billion Dollar Bank Run
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Counter-cyclical Urban Policy
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Be Your Own Counterfeiter
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Being Tim Geithner
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Notes From a Press Conference Naif
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What Good is the News?
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Stressful Enough
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Not Regretting the Pound
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The Economics of Book Publishing
Much as I admire Steven Levitt, I hated his meretricious book, Freakonomics, and I've made a conscious decision not to put the Freakonomics blog in my blogroll. The huge success of the book, however, has meant that a lot of other social scientists have tried to replicate its success by using pseudo-provocative headings such as "What Bill Gates and Paul McCartney have in common with criminals".
I haven't read recent efforts along those lines by Tyler Cowen or Tim Harford or Steven Landsburg, so I won't say anything about them. And I haven't read Why Beautiful People Have More Daughters by Satoshi Kanazawa, either, an excerpt from which includes that bit about Paul McCartney. What I have read is an utterly compelling take-down of Kanazawa's methodology by Andrew Gelman of Columbia University.
Gelman is conflicted about the book, and about Kanazawa's work in general:
I just don't know how to think about this. It's clear to me how journalists, bloggers, and reviewers should react: the should discuss this work with skepticism. The trouble is that the papers were published in a reputable journal (J. Theor. Biology), and a journalist/blogger/reviewer who does not happen to see my critique would naturally tend to trust the result...
Should I blame Kanazawa? I don't want to be dismissive of scientific speculation--I don't like the idea of statistican as censor--so maybe there would be a way for him to present more of the full statistical story in his book (for example, in the beauty-and-daughters study, a graph with the proportion of girls born to people of all five beauty categories--rather than just comparing categories 1-4 to category 5--along with the beauty assessments from all three waves of the study). It's a tough call to decide how to present speculative findings.
I think Gelman is being far too easy on Kanazawa here. The book, especially, has nothing to do with presenting speculative findings, and everything to do with trying to hit a Freakonomics-style home run in the publishing world. This isn't science, it's business. And if a book like this can sell more copies by fudging the science, there's a good chance that it will. That's basic economics, that is.
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