people-annuities-live-longer-people-people-annuities-healthier-evidence

People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along.

Steven Levitt
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Steven Levitt's Popular Quotes

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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Purity is a good mask for corruption because it discourages inquiry.

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The key to learning is feedback. It is nearly impossible to learn anything without it.

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Morality, it could be argued, represents the way that people would like the world to work, wheareas economics represents how it actually does work.

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An expert must be BOLD if he hopes to alchemize his homespun theory into conventional wisdom.

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The conventional wisdom is often wrong.

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Don't trust, just verify.

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No matter how expert you may be, well-designed checklists can improve outcomes.

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Solving a problem is hard enough; it gets that much harder if you’ve decided beforehand it can’t be done.

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