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  1. HBR IdeaCast
  2. 20 Years of Freakonomics: How It Changed Business
20 Years of Freakonomics: How It Changed Business

20 Years of Freakonomics: How It Changed Business

HBR IdeaCast · Oct 21, 2025

Freakonomics co-author Stephen Dubner reflects on the book's legacy, the hidden side of everything, and navigating a post-fact world.

To Debunk Conventional Wisdom, Expose the Biased Incentives of Its Creators

Simply stating that conventional wisdom is wrong is a weak "gotcha" tactic. A more robust approach involves investigating the ecosystem that created the belief, specifically the experts who established it, and identifying their incentives or biases, which often reveals why flawed wisdom persists.

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20 Years of Freakonomics: How It Changed Business

HBR IdeaCast·4 months ago

Economics Papers Build Credibility by Proactively Debunking Alternative Explanations

A key feature making economics research robust is its structure. Authors not only present their thesis and evidence but also anticipate and systematically discredit competing theories for the same outcome. This intellectual honesty is a model other social sciences could adopt to improve credibility.

20 Years of Freakonomics: How It Changed Business thumbnail

20 Years of Freakonomics: How It Changed Business

HBR IdeaCast·4 months ago

The Media's Demand for Counterintuitive Findings Fuels Academic Fraud

The public appetite for surprising, "Freakonomics-style" insights creates a powerful incentive for researchers to generate headline-grabbing findings. This pressure can lead to data manipulation and shoddy science, contributing to the replication crisis in social sciences as researchers chase fame and book deals.

20 Years of Freakonomics: How It Changed Business thumbnail

20 Years of Freakonomics: How It Changed Business

HBR IdeaCast·4 months ago

Prove Complex Causation by Assembling a 'Collage of Evidence' from Natural Experiments

Establishing causation for a complex societal issue requires more than a single data set. The best approach is to build a "collage of evidence." This involves finding natural experiments—like states that enacted a policy before a national ruling—to test the hypothesis under different conditions and strengthen the causal claim.

20 Years of Freakonomics: How It Changed Business thumbnail

20 Years of Freakonomics: How It Changed Business

HBR IdeaCast·4 months ago

The Question 'What Is Your Best Evidence?' Instantly Vets Any Argument's Credibility

To cut through rhetoric and assess a claim's validity, ask the direct question: "What is your best evidence that the argument you've just made is true?" The response immediately exposes the foundation of their argument, revealing whether it's baseless, rests on weak anecdotes, or is backed by robust data.

20 Years of Freakonomics: How It Changed Business thumbnail

20 Years of Freakonomics: How It Changed Business

HBR IdeaCast·4 months ago

The Israeli Daycare Fine Shows Non-Financial Incentives Often Outweigh Financial Ones

The famous story of daycare parents arriving later after a fine was introduced is not just about incentives backfiring. Its real purpose was to show that people respond to a mix of financial, moral, and social pressures. Protecting one's reputation can be a stronger motivator than a small monetary penalty.

20 Years of Freakonomics: How It Changed Business thumbnail

20 Years of Freakonomics: How It Changed Business

HBR IdeaCast·4 months ago