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May 10, 2015
Learned and laughed with the "freakonomics" guys. if youre not familiar with them, you should be. they have a terrific blog, a great podcast, and a series of really interesting books. its all about using economic to explain life and the choices we all make. the title of the latest book is "when to rob a bank." and one half of the "freakonomics" duo, stephen dubner, is here to explain everything we need to know about that very important decision. lets get right into it. why is it that people -- i...
May 10, 2015
Embezzlement -- bank robbers earn on average about $4,000 in the u.s. per robbery. and they can expect to get arrested after only three robberies. so its really not a career move. if you are -- we did look -- the bank robbery data was fascinating, however. times of day, days of the week. it turns out that mornings are much more successful, but the majority of bank robbers work in the afternoon. so either theyre not profit maximizers they havent studied economics, or they cant get up in the morni...