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Freakanomics

Freakanomics: How the Unemployed spent their time in 2009

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The American Time Use Survey for 2009 is out.  Comparing its results—at a business-cycle trough—to those for 2007 (roughly a cyclical peak) allows for the first resolution of a fundamental question in time allocation/labor supply and macroeconomics: What do people do with their time when aggregate labor demand drops? Some macroeconomists have constructed beautiful models arguing that much of the reduced market time can be shifted to producing things at home—to household production (child care, food preparation, shopping, home repairs, etc.)…

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Avoiding the Big, Drunk Guy

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I wonder if there is a message for me in this blog post from Freakanomics: A new study, highlighted on the British Psychological Blog (one of our favorites), finds that “heavier men are, on average, more likely to be aggressive when drunk than are lighter men.” The same is not true for heavier women.  The study’s authors believe their findings make sense from an evolutionary perspective because larger men are “more able than weaker men to inflict costs on others in conflict…

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