The key to good decision making is evaluating the available information - the data - and combining it with your own estimates of pluses and minuses. As an economist, I do this every day.
Emily OsterPrenatal testing is a complicated decision for many women, forcing us to confront concerns about a disabled child and risks of miscarriage.
Emily OsterThere is some risk to increase birth defects if you do a lot of outdoor gardening when you are pregnant. That can increase rates of toxoplasmosis.
Emily OsterEconomists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.
Emily OsterEconomics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring.
Emily Oster