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The conventional wisdom is often wrong.

Steven Levitt

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Steven Levitt
Age: 57
Born: 1967
Born: May 29
Author
Economist
Podcaster
Professor
Writer
New Orleans
Louisiana
Steven David Levitt
Steven D. Levitt
Steven Levitt
Wisdom
Wrong
Often
Conventional

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Data, I think, is one of the most powerful mechanisms for telling stories. I take a huge pile of data and I try to get it to tell stories.
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An incentive is a bullet, a key: an often tiny object with astonishing power to change a situation
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Scarcity is a captivating book, overflowing with new ideas, fantastic stories, and simple suggestions that just might change the way you live.
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Don't trust, just verify.
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As W.C. Fields once said: a thing worth having is a thing worth cheating for.
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In the United States especially, politics and economics don’t mix well. Politicians have all sorts of reasons to pass all sorts of laws that, as well-meaning as they may be, fail to account for the way real people respond to real-world incentives.
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The key to learning is feedback. It is nearly impossible to learn anything without it.
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If you own a gun and have a swimming pool in the yard, the swimming pool is almost 100 times more likely to kill a child than the gun is.
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The data don't lie: a Chicago street prostitute is more likely to have sex with a cop than to be arrested by one.
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Information is a beacon, a cudgel, an olive branch, a deterrent--all depending on who wields it and how.
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The gulf between the information we proclaim & the information we know to be true is vast. In other words: we say one thing & do another.
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