4.6 • 1.9K Ratings
🗓️ 10 December 2022
⏱️ 66 minutes
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0:00.0 | I guess today, John List is an economics professor, a friend, and a colleague at the University |
0:10.7 | of Chicago. |
0:11.7 | And of all my peers, John is the one who has most greatly influenced the way I think about |
0:17.4 | the world. |
0:18.9 | So I took my knowledge from the baseball card market and said, look, I've been doing |
0:23.3 | these field experiments, I think we should do that rather than lab experiments. |
0:28.8 | And every professor at Wyoming basically said, if you want to use data from outside |
0:34.5 | the lab, do things like what Steve Levitt or Leashinfelter, Alan Krueger, and Josh |
0:39.7 | Angister doing, that's what people do who are doing empiricism, and I said no. |
0:45.2 | I think that we should be doing field experiments. |
0:50.6 | Welcome to People I mostly admire with Steve Levitt. |
0:56.8 | The use of randomized experiments in economics has exploded in the last 25 years, and John |
1:02.4 | deserves more credit for that than anyone else. |
1:05.1 | But how he did it, that's the really remarkable thing, it's the story of a complete outsider, |
1:11.0 | a renegade thinker whose ideas and personality were so powerful that they couldn't be defeated. |
1:17.4 | If I was suspected that the fact that you had such a different set of interesting experiences |
1:29.6 | has contributed to the incredible originality that you brought to economics. |
1:34.6 | And your path has not been an easy one. |
1:37.0 | I mean, we're in a field in which pedigrees are extremely important. |
1:41.5 | Almost everyone teaching at the top economics departments has a resume filled with places |
1:46.2 | like Harvard, Princeton, Stanford, MIT, but when I look at your resume, I find University |
1:53.7 | of Wisconsin, Steven's point, University of Wyoming, the University of Central Florida. |
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